Right of Prepayment and cancellation in relation to a single Lender
Right of Prepayment. The Company may prepay a portion or all outstanding principal and interest of the Note upon written consent of the Holder.
Right of Prepayment. The Company, at its option, shall have the right to prepay, with three (3) business days advance written notice, a portion or all outstanding principal amount hereof plus outstanding interest of this Note.
Right of Prepayment. The Company at its option shall have the right, but not the obligation, to repay (“Optional Prepayment”) early a portion or all amounts outstanding under a Pre-Paid Advance in cash in the Prepayment Amount (as defined below) as described in this Section; provided that (i) at the time of the Prepayment Notice (as defined below), the daily VWAP is less than the Fixed Price and (ii) the Company provides the Investor with at least 10 Trading Days’ prior written notice (each, a “Prepayment Notice”) of its desire to exercise an Optional Prepayment. Each Prepayment Notice shall be irrevocable and shall specify the outstanding balance of the Pre-Paid Advance to be prepaid and the applicable Payment Premium. The “Prepayment Amount” shall be an amount equal to the outstanding principal balance being prepaid by the Company, plus the Payment Premium, plus all accrued and unpaid interest on the outstanding balance. After receipt of a Prepayment Notice, the Investor shall have 10 Trading Days to elect to deliver Investor Notices to the Company in respect of any portion of the Pre-Paid Advance outstanding. On the 11th Trading Day after the Prepayment Notice, the Company shall deliver to the Investor the Prepayment Amount with respect to the principal amount prepaid after giving effect to Investor Notices delivered during the applicable notice period.
Right of Prepayment. The Borrower shall have the right to prepay the Principal Sum, in whole or in part, at any time without notice or penalty.
Right of Prepayment. This Note may be prepaid, in whole or in part, at any time by the Company without premium or penalty. Any prepayment pursuant to this Section 4 shall be accompanied by payment of any Interest (which may be paid in cash, Common Stock, or a combination of cash and Common Stock as provided in Section 2.2) and Default Interest, if any, accrued and unpaid through the date of such prepayment.
Right of Prepayment. The Corporation may prepay the Debentures, in whole or in part, at any time upon fifteen (15) Business Days prior written notice. In the event that the date fixed for prepayment occurs during the Conversion Period, the Debentureholders may exercise the Conversion Right at any time prior to the repayment on the date fixed for prepayment.
Right of Prepayment. At any time from the date hereof to the due date, --------------------- the Company may prepay the entire principal sum and any interest accrued thereon, or any portion thereof, without penalty or restriction. Any prepayment shall be applied first to interest accrued but not yet paid, and then to principal.
Right of Prepayment. Purchaser shall have the right to pre-pay ------------------- any Indebtedness existing as of the Closing Date.
Right of Prepayment. The Company may prepay a portion or all outstanding principal and interest of the Note at anytime.
