Restriction on Prepayment Sample Clauses

Restriction on Prepayment. The provisions of Clause 8.1 (Change of Control), Clause 8.2 (Excess Cash Flow) or Clause 8.3 (Take-Out Financing and Net Cash Proceeds) are subject to the terms of the Intercreditor Agreement. Any amount which would otherwise be required by such provisions to be applied in prepayment of the Loans shall only be so applied (notwithstanding the relevant provision of this Agreement) if and to the extent that it is permitted under the Intercreditor Agreement.

Restriction on Prepayment. Other than in connection with a Casualty/Condemnation Prepayment (as provided in Paragraph 2.E) or a voluntary defeasance (as provided in Paragraph 2.F), or as permitted under Paragraph 6 of the Note, Borrower shall have no right to prepay all or any portion of the Loan prior to the Optional Prepayment Date. On the Optional Prepayment Date or on any scheduled payment date thereafter, Borrower may, at its option and upon 30 days prior written notice from Borrower to Lender, prepay in whole or in part the Debt without payment of the Yield Maintenance Premium or any other premium or consideration. If prior to the Optional Prepayment Date and following the occurrence of any Event of Default Borrower shall tender payment of an amount sufficient to satisfy all or any portion of the Debt, that tender by Borrower shall be deemed to be voluntary and Borrower shall pay, in addition to the Debt, the Yield Maintenance Premium, if any, that would be required if a Defeasance Event had occurred. Each voluntary prepayment after the Optional Prepayment Date shall be made on a scheduled payment date and include all accrued and unpaid interest up to but not including that scheduled payment date or, if not paid on a scheduled payment date, include interest that would have accrued on that prepayment through the next regularly scheduled payment date.

Restriction on Prepayment. Prepayments at Option of Holder in Certain Events .............................................. 3 2.3 Prepayments at Option of the Company ........................ 3 2.4 Direct Payment .............................................. 4

Restriction on Prepayment. The Borrowers may not prepay all or any part of the principal amount of the Loans outstanding except on the last Banking Day of the Interest Period applicable to a particular Advance. Each prepayment other than full payment shall be made prior to 2:00 P.M. (Orlando time) on the date of the prepayment, and shall be made on a Banking Day in immediately available funds. Prepayments may be made by the Bank pursuant to the Cash Management Agreement on the last Banking Day of the Interest Period. Borrowers shall reimburse the Bank on demand for any funding losses due to a prepayment of a LIBOR loan." (g) Section 4.01(t) of the Loan Agreement is hereby deleted.

Restriction on Prepayment. Prepayments at Option of Holder in Certain Events . . . . . . . . . . . . . . . . . . . . . 3 2.3 Prepayments at Option of the Company . . . . . . . . . . 3 2.4

Restriction on Prepayment. The Borrowers may not prepay all or any part of the principal amount of the Loan outstanding except on the last Banking Day of the Interest Period applicable to a particular Advance. Each prepayment other than full payment shall be made prior to 2:00 P.M. (Orlando time) on the date of the prepayment, and shall be made on a Banking Day in immediately available funds. Prepayments may be made by the Bank pursuant to the Cash Management Agreement.

Restriction on Prepayment. The principal balance of the Loan may not be prepaid in whole or in part (except with respect to the application of casualty or condemnation proceeds, as to which the provisions of Section 2.4(e) shall apply) prior to the Lockout Release Date. From and after the Lockout Release Date, the Loan may be prepaid in whole only, and not in part, in accordance with Section 2.4(c) of this Agreement. Notwithstanding the foregoing, if an Event of Default is continuing at the time of prepayment of the Loan, then the provisions of Section 2.4(d) of this Agreement shall apply.

Restriction on Prepayment