Common use of Required Prepayments Clause in Contracts

Required Prepayments. On August 1, 2002, and on each August 1 thereafter to and including August 1, 2010, the Company will prepay $5,000,000 principal amount (or such lesser principal amount as shall then be outstanding) of the Notes at par and without payment of the Make-Whole Amount or any premium, provided that upon any partial prepayment of the Notes pursuant to Sections 8.2 or 10.2 or purchase of the Notes permitted by Section 8.5, the principal amount of each required prepayment of the Notes becoming due under this Section 8.1 on and after the date of such prepayment or purchase shall be reduced in the same proportion as the aggregate unpaid principal amount of the Notes is reduced as a result of such prepayment or purchase.

Appears in 2 contracts

Samples: Note Purchase Agreement (Hunt Manufacturing Co), Note Purchase Agreement (Hunt Corp)

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Required Prepayments. On August December 1, 2002, 2009 and on each August December 1 thereafter to and including August December 1, 2010, 2012 the Company will prepay $5,000,000 4,000,000 principal amount (or such lesser principal amount as shall then be outstanding) of the Notes at par and without payment of the Make-Whole Amount or any premium, provided that upon any partial prepayment of the Notes pursuant to Sections Section 8.2 or 10.2 or purchase of the Notes permitted by Section 8.5, 8.5 the principal amount of each required prepayment of the Notes becoming due under this Section 8.1 on and after the date of such prepayment or purchase shall be reduced in the same proportion as the aggregate unpaid principal amount of the Notes is reduced as a result of such prepayment or purchase.

Appears in 1 contract

Samples: Note Purchase Agreement (Diamond Foods Inc)

Required Prepayments. On August 1January 28, 2002, 2001 and on each August 1 thereafter January 28,thereafter to and including August 1January 28, 2010, 2005 the Company Co-Issuers will prepay $5,000,000 8,000,000 principal amount (or such lesser principal amount as shall then be outstanding) of the Notes at par and without payment of the Make-Whole Amount or any premium, provided that upon any partial prepayment of the Notes pursuant to Sections 8.2 or 10.2 Section 9.2 or purchase of the Notes permitted by Section 8.5, 9.5 the principal amount of each required prepayment of the Notes becoming due under this Section 8.1 9.1 on and after the date of such prepayment or purchase shall be reduced in the same proportion as the aggregate unpaid principal amount of the Notes is reduced as a result of such prepayment or purchase.

Appears in 1 contract

Samples: Note Purchase Agreement (Drew Industries Incorporated)

Required Prepayments. On August 1October 15, 2002, 2005 and on each August 1 October 15 thereafter to and including August 1October 15, 2010, the Company will prepay $5,000,000 10,714,286 principal amount (or such lesser principal amount as shall then be outstanding) of the Notes at par and without payment of the Make-Whole Amount or any premium, provided that upon any partial prepayment of the Notes pursuant to Sections Section 8.2 or 10.2 or purchase of the Notes permitted by Section 8.5, 8.5 the principal amount of each required prepayment of the Notes becoming due under this Section 8.1 on and after the date of such prepayment or purchase shall be reduced in the same proportion as the aggregate unpaid principal amount of the Notes is reduced as a result of such prepayment or purchase. The entire remaining principal amount of the Notes shall become due and payable on October 15, 2011.

Appears in 1 contract

Samples: Guaranty Agreement (Woodward Governor Co)

Required Prepayments. On August May 1, 2002, 2001 and on each August November 1 and May 1 thereafter to and including August May 1, 2010, 2008 the Company will prepay $5,000,000 2,500,000 principal amount (or such lesser principal amount as shall then be outstanding) of the Notes at par and without payment of the Make-Make- Whole Amount or any premium, provided PROVIDED that upon any partial prepayment of the Notes pursuant to Sections 8.2 Section 8.3 or 10.2 or purchase of the Notes permitted by Section 8.5, 8.4 the principal amount of each required prepayment of the Notes becoming due under this Section 8.1 8.2 on and after the date of such prepayment or purchase shall be reduced in the same proportion as the aggregate unpaid principal amount of the Notes is reduced as a result of such prepayment or purchaseprepayment.

Appears in 1 contract

Samples: Pledge and Assignment Agreement (Energy Network Inc)

Required Prepayments. On August 1each of July 15, 20022005 and July 15, and on each August 1 thereafter to and including August 1, 20102006, the Company Co-Obligors will prepay $5,000,000 25,000,000 principal amount (or such lesser principal amount as shall then be outstanding) of the Notes at par and without payment of the Make-Whole Amount or any premium, provided that upon any partial prepayment of the Notes pursuant to Sections Section 8.2 or 10.2 or purchase of the Notes permitted by Section 8.5, 8.5 the principal amount of each required prepayment of the Notes becoming due under this Section 8.1 on and after the date of such prepayment or purchase shall be reduced in the same proportion as the aggregate unpaid principal amount of the Notes is reduced as a result of such prepayment or purchase.

Appears in 1 contract

Samples: Note Purchase Agreement (Chicago Bridge & Iron Co N V)

Required Prepayments. On August 1March 5, 2002, 2007 and on each August 1 March 5 thereafter to and including August 1March 5, 2010, 2010 the Company will prepay $5,000,000 60,000,000 principal amount (or such lesser principal amount as shall then be outstanding) of the Notes at par and without payment of the Make-Whole Amount or any premium, provided that upon any partial prepayment of the Notes pursuant to Sections Section 8.2 or 10.2 8.3 or purchase of the Notes permitted by Section 8.5, 8.6 the principal amount of each required prepayment of the Notes becoming due under this Section 8.1 on and after the date of such prepayment or purchase shall be reduced in the same proportion as the aggregate unpaid principal amount of the Notes is reduced as a result of such prepayment or purchase.

Appears in 1 contract

Samples: Note Purchase Agreement (Tecumseh Products Co)

Required Prepayments. On August 111, 20022011, and on the 11th day of each August 1 thereafter to and including August 111, 20102014, the Company will prepay $5,000,000 2,200,000 principal amount (or such lesser principal amount as shall then be outstanding) of the Notes at par and without payment of the Make-Whole Amount or any premium, provided that upon any partial prepayment of the Notes pursuant to Sections Section 8.2 or 10.2 Section 8.4 or purchase of the Notes permitted by Section 8.58.6, the principal amount of each required prepayment of the Notes becoming due under this Section 8.1 on and after the date of such prepayment or purchase shall be reduced in the same proportion as the aggregate unpaid principal amount of the Notes is reduced as a result of such prepayment or purchase. On August 11, 2015, the entire remaining principal amount of the Notes, together with accrued and unpaid interest thereon, shall become due and payable.

Appears in 1 contract

Samples: ______________ Note Purchase Agreement (Culp Inc)

Required Prepayments. On August 1October 31, 2002, 2000 and on each August 1 October 31 thereafter to and including August 1October 31, 20102005, the Company will prepay $5,000,000 principal amount (or such lesser principal amount as shall then be outstanding) of the Notes at par and without payment of the Make-Whole Amount or any premium, provided PROVIDED that upon any partial prepayment of the Notes pursuant to Sections Section 8.2 or 10.2 or purchase of the Notes permitted by Section 8.5, 8.5 the principal amount of each required prepayment of the Notes becoming due under this Section 8.1 on and after the date of such prepayment or purchase shall be reduced in the same proportion as the aggregate unpaid principal amount of the Notes is reduced as a result of such prepayment or purchase.

Appears in 1 contract

Samples: Note Purchase Agreement (Merrill Corp)

Required Prepayments. On August 1March 15, 2002, 2002 and on each August 1 March 15 thereafter to and including August 1March 15, 2010, 2009 the Company will prepay $5,000,000 6,666,666 principal amount (or such lesser principal amount as shall then be outstanding) of the Notes at par and without payment of the Make-Whole Amount or any premium, provided that upon any partial prepayment of the Notes pursuant to Sections Section 8.2 or 10.2 or purchase of the Notes permitted by Section 8.5, 8.5 the principal amount of each required prepayment of the Notes becoming due under this Section 8.1 on and after the date of such prepayment or purchase shall be reduced in the same proportion as the aggregate unpaid principal amount of the Notes is reduced as a result of such prepayment or purchase.

Appears in 1 contract

Samples: Note Purchase Agreement (Granite Construction Inc)

Required Prepayments. On August 1July 19, 2002, 2020 and on each August 1 July 19 thereafter to and including August 1July 19, 2010, 2023 the Company will prepay $5,000,000 17,160,000 principal amount (or such lesser principal amount as shall then be outstanding) of the Notes at par and without payment of the Make-Whole Amount or any premium, provided that upon any partial prepayment of the Notes pursuant to Sections Section 8.2 or 10.2 Section 8.3 or any partial purchase of the Notes permitted by pursuant to Section 8.58.6, the principal amount of each required prepayment of the Notes becoming due under this Section 8.1 on and after the date of such prepayment or purchase shall be reduced in the same proportion as the aggregate unpaid principal amount of the Notes is reduced as a result of such prepayment or purchase.

Appears in 1 contract

Samples: Note Purchase Agreement (LTC Properties Inc)

Required Prepayments. On August 120, 2002, 2005 and on each August 1 20 thereafter to and including August 120, 20102013, the Company will prepay $5,000,000 18,000,000 principal amount (or such lesser principal amount as shall then be outstanding) of the Notes at par and without payment of the Make-Whole Amount or any premium, provided that upon any partial prepayment of the Notes pursuant to Sections Section 8.2 or 10.2 or purchase of the Notes permitted by Section 8.5, 8.3 the principal amount of each required prepayment of the Notes becoming due under this Section 8.1 on and after the date of such prepayment or purchase shall be reduced in the same proportion as the aggregate unpaid principal amount of the Notes is reduced as a result of such prepayment or purchaseprepayment.

Appears in 1 contract

Samples: Subsidiary Guaranty Agreement (Alliance Resource Partners Lp)

Required Prepayments. On August 1April 15, 2002, 2001 and on each August 1 April 15 thereafter to and including August 1April 15, 2010, 2004 the Company will prepay $5,000,000 15,000,000 principal amount (or such lesser principal amount as shall then be outstanding) of the Notes at par and without payment of the Make-Whole Amount or any premium, provided that upon any partial prepayment of the Notes pursuant to Sections Section 8.2 or 10.2 or purchase of the Notes permitted by Section 8.5, 8.6 the principal amount of each required prepayment of the Notes becoming due under this Section 8.1 on and after the date of such prepayment or purchase shall be reduced in the same proportion as the aggregate unpaid principal amount of the Notes is reduced as a result of such prepayment or purchase.

Appears in 1 contract

Samples: Note and Guarantee Agreement (Midas Inc)

Required Prepayments. On August May 1, 2002, 2005 and on each August May 1 thereafter to and including August May 1, 2010, 2012 the Company will prepay $5,000,000 8,333,333 principal amount (or such lesser principal amount as shall then be outstanding) of the Notes at par and without payment of the Make-Whole Amount or any premium, provided that upon any partial prepayment of the Notes pursuant to Sections Section 8.2 or 10.2 or purchase of the Notes permitted by Section 8.5, 8.5 the principal amount of each required prepayment of the Notes becoming due under this Section 8.1 on and after the date of such prepayment or purchase shall be reduced in the same proportion as the aggregate unpaid principal amount of the Notes is reduced as a result of such prepayment or purchase.

Appears in 1 contract

Samples: Subsidiary Guaranty Agreement (Granite Construction Inc)

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Required Prepayments. On August 1September 10, 2002, 2005 and on each August 1 September 10 thereafter to and including August 1September 10, 2010, 2010 the Company Obligors will prepay $5,000,000 10,714,286 principal amount (or such lesser principal amount as shall then be outstanding) of the Notes at par and without payment of the Make-Whole Amount or any premium, provided that upon any partial prepayment of the Notes pursuant to Sections Section 8.2 or 10.2 8.3 or purchase of the Notes permitted by Section 8.5, 8.5 the principal amount of each required prepayment of the Notes becoming due under this Section 8.1 on and after the date of such prepayment or purchase shall be reduced in the same proportion as the aggregate unpaid principal amount of the Notes is reduced as a result of such prepayment or purchase. Section 8.2.

Appears in 1 contract

Samples: Astec Industries Inc

Required Prepayments. On August 1September 16, 2002, 2003 and on each August 1 September 16 thereafter to and including August 1September 16, 2010, 2009 the Company will prepay $5,000,000 4,285,714.29 principal amount (or such lesser principal amount as shall then be outstanding) of the Notes at par and without payment of the Make-Whole Amount or any premium, ; provided that upon any partial prepayment of the Notes pursuant to Sections Section 8.2 or 10.2 or purchase of the Notes permitted by Section 8.5, 8.6 the principal amount of each required prepayment of the Notes becoming due under this Section 8.1 on and after the date of such prepayment or purchase shall be reduced in the same proportion as the aggregate unpaid principal amount of the Notes is reduced as a result of such prepayment or purchase.

Appears in 1 contract

Samples: Loan Agreement (Village Super Market Inc)

Required Prepayments. On August 1June 9, 2002, 2002 and on each August 1 June 9 thereafter to and including August 1June 9, 2010, 2007 the Company will prepay $5,000,000 8,571,428.50 principal amount (or such lesser principal amount as shall then be outstanding) of the Notes at par and without payment of the Make-Whole Amount or any premium, provided that upon any partial prepayment of the Notes pursuant to Sections Section 8.2 or 10.2 or purchase of the Notes permitted by Section 8.5, 8.5 the principal amount of each required prepayment of the Notes becoming due under this Section 8.1 on and after the date of such prepayment or purchase shall be reduced in the same proportion as the aggregate unpaid principal amount of the Notes is reduced as a result of such prepayment or purchase.

Appears in 1 contract

Samples: Note Purchase Agreement (Aecom Technology Corp)

Required Prepayments. On August 1, 2002, 2005 and on each August 1 thereafter to and including August 1, 20102013, the Company will prepay $5,000,000 18,000,000 principal amount (or such lesser principal amount as shall then be outstanding) of the Notes at par and without payment of the Make-Whole Amount or any premium, provided that upon any partial prepayment of the Notes pursuant to Sections Section 8.2 or 10.2 or purchase of the Notes permitted by Section 8.5, 8.3 the principal amount of each required prepayment of the Notes becoming due under this Section 8.1 on and after the date of such prepayment or purchase shall be reduced in the same proportion as the aggregate unpaid principal amount of the Notes is reduced as a result of such prepayment or purchase.

Appears in 1 contract

Samples: Note Purchase Agreement (Alliance Resource Partners Lp)

Required Prepayments. (a) On August October 1, 20022001, and on each August October 1 thereafter to and an including August October 1, 20102009, the Company company will prepay $5,000,000 3,333,000 principal amount (or such lesser principal amount as shall then be outstanding) of the Notes at par and without payment of the Make-Whole Amount or any premium, premium provided that upon any partial prepayment of the Notes pursuant to Sections Section 8.1(b) or Section 8.2 or 10.2 or purchase of the Notes permitted by Section 8.5, 8.5 the principal amount of each required prepayment of the Notes becoming due under this Section 8.1 on ion and after the date of such prepayment or purchase shall be reduced in the same proportion as the aggregate unpaid principal amount of the Notes is reduced as a result of such prepayment or purchase.

Appears in 1 contract

Samples: Note Purchase Agreement (Allegheny Energy Inc)

Required Prepayments. On August 1September 15, 2002, 1999 and on each August 1 March 15 and September 15 thereafter to and including August 1March 15, 20102003, the Company will prepay $5,000,000 4,000,000 principal amount (or such lesser principal amount as shall then be outstanding) of the Notes at par and without payment of the Make-Whole Amount or any premium, provided that upon any partial prepayment of the Notes pursuant to Sections Section 8.2 or 10.2 or purchase of the Notes permitted by Section 8.5, the principal amount of each required prepayment of the Notes becoming due under this Section 8.1 on and after the date of such prepayment or purchase shall be reduced in the same proportion as the aggregate unpaid principal amount of the Notes is reduced as a result of such prepayment or purchase."

Appears in 1 contract

Samples: Merix Corp

Required Prepayments. On August 1November 16, 2002, 2001 and on each August 1 November 16 thereafter to and including August 1November 16, 2010, 2004 the Company will Co-Obligors jointly and severally agree to prepay $5,000,000 7,000,000 principal amount (or such lesser principal amount as shall then be outstanding) of the Notes at par and without payment of the Make-Whole Amount or any premium, provided that upon any partial prepayment of the Notes pursuant to Sections Section 8.2 or 10.2 or purchase of the Notes permitted by Section 8.5, 8.5 the principal amount of each required prepayment of the Notes becoming due under this Section 8.1 on and after the date of such prepayment or purchase shall be reduced in the same proportion as the aggregate unpaid principal amount of the Notes is reduced as a result of such prepayment or purchase.. 8.2

Appears in 1 contract

Samples: Note Purchase Agreement (Bei Technologies Inc)

Required Prepayments. On August October 1, 2002, 2001 and on each August October 1 thereafter to and including August October 1, 2010, 2004 the Company will prepay $5,000,000 principal amount (or such lesser principal amount as shall then be outstanding) of the Notes at par and without payment of the Make-Whole Amount or any premium, provided that upon any partial prepayment of the Notes pursuant to Sections Section 8.2 or 10.2 Section 8.7 or purchase of the Notes permitted by Section 8.5, 8.5 the principal amount of each required prepayment of the Notes becoming due under this Section 8.1 on and after the date of such prepayment or purchase shall be reduced in the same proportion as the aggregate unpaid principal amount of the Notes is reduced as a result of such prepayment or purchase.

Appears in 1 contract

Samples: Note Purchase Agreement (Covenant Transport Inc)

Required Prepayments. On August 1June 13, 2002, 2000 and on each August 1 June 13 thereafter to and including August 1June 13, 2010, 2002 the Company will prepay $5,000,000 principal amount (or such lesser principal amount as shall then be outstanding) of the Notes at par and without payment of the Make-Whole Amount or any premium, provided that upon any partial prepayment of the Notes pursuant to Sections Section 8.2 or 10.2 or purchase of the Notes permitted by Section 8.58.5 or Section 8.6, the principal amount of each required prepayment of the Notes becoming due under this Section 8.1 on and after the date of such prepayment or purchase shall be reduced in the same proportion as the aggregate unpaid principal amount of the Notes is reduced as a result of such prepayment or purchase.

Appears in 1 contract

Samples: Note Purchase Agreement (Hastings Entertainment Inc)

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