Redemption Premium. Should the Borrower redeem this Note, in whole or in part, pursuant to Section 1(a) or 1(b), at any time after October 11, 2007 and prior to the Maturity Date, the Borrower shall pay to the Lender at the time of such redemption an additional amount equal to five percent (5%) of the total principal amount of this Note redeemed at such time. No redemption premium shall be payable by the Borrower should the Borrower redeem this Note, in whole or in part, pursuant to Section 1(a) or 1(b), at any time on or prior to October 11, 2007.
Appears in 2 contracts
Sources: Senior Subordinated Promissory Note (Chemed Corp), Senior Subordinated Promissory Note (Chemed Corp)