Common use of Voluntary prepayment of Loan Clause in Contracts

Voluntary prepayment of Loan. The Borrower may, if it gives the Agent not less than 5 Business Days’ (or such shorter period as the Majority Lenders may agree) prior written notice, prepay the whole or any part of the Loan (but, if in part, being an amount that reduces the amount of the Loan by a minimum amount of USD10,000,000 and in integral multiples of USD100,000).

Appears in 2 contracts

Samples: Agreement (Mohegan Tribal Gaming Authority), Agreement

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Voluntary prepayment of Loan. The Borrower may, if it gives the Agent not less than 5 three Business Days’ (or such shorter period as the Majority Lenders may agree) prior written notice, prepay the whole or any part of the any Loan (but, if in part, part being an amount that reduces the amount of the Loan by a minimum amount of USD10,000,000 and £1,000,000 or if less, as provided for in integral multiples any of USD100,000Clauses 18.6(d), 18.7(d), 22.2(b) or 22.3(b)).

Appears in 2 contracts

Samples: Facility Agreement (NorthStar Healthcare Income, Inc.), Facility Agreement (Northstar Realty Finance Corp.)

Voluntary prepayment of Loan. (a) The Borrower Borrowers may, if it gives they give the Facility Agent not less than 5 15 Business Days’ (or such shorter period as the Majority Lenders may agree) prior written notice, prepay the whole or any part of the Loan (but, if in part, being an amount that reduces the amount of the Loan by a minimum amount of USD10,000,000 and in integral multiples $500,000 or a multiple of USD100,000that amount).

Appears in 2 contracts

Samples: Assignment Agreement (Ardmore Shipping Corp), Humber Shipco LLC (Ardmore Shipping Corp)

Voluntary prepayment of Loan. The Borrower may, if it gives the Facility Agent not less than 5 10 Business Days’ Days (or such shorter period as the Majority Lenders may agree) prior written notice, prepay the whole or any part of the Loan (but, if in part, being an amount that reduces the amount of the Loan by a minimum amount of USD10,000,000 and in integral multiples $1,000,000 or a multiple of USD100,000that amount or such other amount as the Lenders may, at their absolute discretion, approve).

Appears in 2 contracts

Samples: Banks and Financial Institutions (Okeanis Eco Tankers Corp.), Banks and Financial Institutions (Okeanis Eco Tankers Corp.)

Voluntary prepayment of Loan. The Borrower (a) Subject to paragraphs ‎(b) and ‎(c) below, the Borrowers may, if it gives they give the Facility Agent not less than 5 10 Business Days' (or such shorter period as the Majority Lenders may agree) prior written notice, prepay the whole or any part of the Loan (but, if in part, being an amount that reduces the amount of the Loan by a minimum amount of USD10,000,000 and in integral multiples US$500,000 or a multiple of USD100,000that amount).

Appears in 2 contracts

Samples: Assignment Agreement (United Maritime Corp), Assignment Agreement (Seanergy Maritime Holdings Corp.)

Voluntary prepayment of Loan. (a) The Borrower may, if it gives the Agent not less than 5 five Business Days’ (or such shorter period as the Majority Lenders may agree) prior written notice, prepay the whole or any part of the Loan (but, if in part, being an amount that reduces the amount of the Loan by a minimum amount of USD10,000,000 and in integral multiples of USD100,000US$10,000,000).

Appears in 2 contracts

Samples: Facility Agreement (Ocean Rig UDW Inc.), Facility Agreement (DryShips Inc.)

Voluntary prepayment of Loan. The Borrower (a) Subject to paragraph (b) below, the Borrowers may, if it gives they give the Facility Agent not less than 5 five Business Days' (or such shorter period as the Majority Lenders may agree) prior written notice, prepay the whole or any part of the Loan (but, if in part, being an amount that reduces the amount of the Loan by a minimum amount of USD10,000,000 and in integral multiples of USD100,000$1,000,000).

Appears in 1 contract

Samples: Facility Agreement (Globus Maritime LTD)

Voluntary prepayment of Loan. (a) The Borrower Borrowers may, if it gives they give the Facility Agent not less than 5 10 Business Days' (or such shorter period as the Majority Lenders may agree) prior written notice, prepay the whole or any part of the Loan (but, if in part, being an amount that reduces the amount of the Loan by a minimum amount of USD10,000,000 and in integral multiples US$500,000 or a multiple of USD100,000that amount).

Appears in 1 contract

Samples: Facility Agreement (United Maritime Corp)

Voluntary prepayment of Loan. (a) The Borrower Borrowers may, if it gives they give the Facility Agent not less than 5 five Business Days’ (or such shorter period as the Majority Lenders may agree) prior written notice, prepay the whole or any part of the Loan (but, if in part, being an amount that reduces the amount of the Loan by a minimum amount of USD10,000,000 and in integral multiples $500,000 or a multiple of USD100,000that amount).

Appears in 1 contract

Samples: Facility Agreement (Navios Maritime Holdings Inc.)

Voluntary prepayment of Loan. The (a) Subject to paragraph (b) below, the Borrower may, if it gives the Facility Agent not less than 5 five Business Days' (or such shorter period as the Majority Lenders may agree) prior written notice, prepay the whole or any part of the Loan (but, if in part, being an amount that reduces the amount of the Loan by a minimum amount of USD10,000,000 and in integral multiples US$500,000 or a multiple of USD100,000that amount).

Appears in 1 contract

Samples: Assignment Agreement (Grindrod Shipping Holdings Ltd.)

Voluntary prepayment of Loan. The Borrower Borrowers may, if it gives they give the Agent not less than 5 five Business Days' (or such shorter period as the Majority Lenders may agree) prior written notice, prepay either the whole or any part of the Loan (but, but if in part, being an amount that reduces the amount of the Loan by a minimum amount of USD10,000,000 $1,000,000 and in integral multiples which is a multiple of USD100,000$1,000,000 or such other amount as is acceptable to the Agent).

Appears in 1 contract

Samples: Navigator Holdings Ltd.

Voluntary prepayment of Loan. The (a) If the Borrower may, if it gives the Administrative Agent not less than 5 3 Business Days’ (or such shorter period as the Majority Lenders may agree) prior written notice, the Borrower may prepay the whole or any part of the Loan (but, if in part, being an amount that reduces the amount of the Loan by a minimum amount of USD10,000,000 US$1,000,000 and in an integral multiples multiple of USD100,000US$500,000 or such lesser amount as may be outstanding).

Appears in 1 contract

Samples: Agreement (Geologistics Corp)

Voluntary prepayment of Loan. The (a) Subject to paragraph (b) below, the Borrower may, if it gives the Facility Agent not less than 5 five Business Days’ (or such shorter period as the Majority Lenders may agree) prior written notice, prepay the whole or any part of the Loan (but, if in part, being an amount that reduces the amount of the Loan by a minimum amount of USD10,000,000 and in integral multiples US$500,000 or a multiple of USD100,000that amount).

Appears in 1 contract

Samples: Facility Agreement (Grindrod Shipping Holdings Pte. Ltd.)

Voluntary prepayment of Loan. (a) The Borrower may, if it gives the Agent not less than 5 14 Business Days’ (or such shorter period as the Majority Lenders may agree) prior written notice, prepay the whole or any part of the Loan (but, if in part, being an amount that reduces the amount of the Loan by a minimum amount of USD10,000,000 and in integral multiples of USD100,000$5 million).

Appears in 1 contract

Samples: Facility Agreement (Melco PBL Entertainment (Macau) LTD)

Voluntary prepayment of Loan. The Borrower Company may, if it gives the Agent Agents not less than 5 10 Business Days’ (or such shorter period as the Majority Lenders may agree) prior written notice, prepay the whole or any part of the Loan (but, but if in part, being an amount that reduces the outstanding amount of the Loan by a minimum amount of USD10,000,000 and £1,000,000). Any partial prepayment will be applied to principal amounts outstanding in integral multiples inverse order of USD100,000)maturity.

Appears in 1 contract

Samples: Facility Agreement (TRM Corp)

Voluntary prepayment of Loan. The Borrower (a) Subject to paragraph (b) below, the Borrowers may, if it gives they give the Facility Agent not less than 5 Business 20 RFR Banking Days' indicative and 10 RFR Banking Days' irrevocable (or such shorter period as the Majority Lenders may agree) prior written notice, prepay the whole or any part of the Loan (but, if in part, being an amount that reduces the amount of the Loan by a minimum amount of USD10,000,000 and in integral multiples $500,000 or a multiple of USD100,000that amount).

Appears in 1 contract

Samples: Agreement (Okeanis Eco Tankers Corp.)

Voluntary prepayment of Loan. The (a) Subject to paragraph (b) below, the Borrower may, if it gives the Facility Agent not less than 5 Business Days' (or such shorter period as the Majority Lenders may agree) prior written notice, prepay the whole or any part of the Loan (but, if in part, being an amount that reduces the amount of the Loan by a minimum amount of USD10,000,000 and in integral multiples $300,000 or a multiple of USD100,000that amount).

Appears in 1 contract

Samples: Assignment Agreement (Euroseas Ltd.)

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Voluntary prepayment of Loan. The (a) Subject to paragraphs (b) and (c) below, the Borrower may, if it gives the Facility Agent not less than 5 10 Business Days’ (or such shorter period as the Majority Lenders may agree) prior written notice, prepay the whole or any part of the Loan (but, if in part, being an amount that reduces the amount of the Loan by in a minimum amount of USD10,000,000 and in integral multiples of USD100,000$500,000).

Appears in 1 contract

Samples: Assignment Agreement (Pyxis Tankers Inc.)

Voluntary prepayment of Loan. (a) The Borrower Borrowers may, if it gives they give the Facility Agent not less than 5 Business Days15 days’ (or such shorter period as the Majority Lenders and the Facility Agent may agree) prior written notice, prepay the whole or any part of the Loan (but, if in part, being an amount that reduces the amount of the Loan by a minimum amount of USD10,000,000 and in integral multiples $1,000,000 or a multiple of USD100,000that amount).

Appears in 1 contract

Samples: Facilities Agreement (Ardmore Shipping Corp)

Voluntary prepayment of Loan. The Borrower (a) Subject to paragraph (b) below, the Borrowers may, if it gives they give the Facility Agent not less than 5 Business Days’ (or such shorter period as the Majority Lenders and the Facility Agent may agree) prior written notice, prepay the whole (or any part part) of the Loan (but, if in part, being an amount that reduces the amount of the Loan by a minimum amount of USD10,000,000 and in integral multiples of USD100,000)Loan.

Appears in 1 contract

Samples: Junior Facility Agreement (Global Ship Lease, Inc.)

Voluntary prepayment of Loan. (a) The Borrower Borrowers may, if it gives they give the Facility Agent not less than 5 10 Business Days’ (or such shorter period as the Majority Lenders may agree) prior written notice, prepay the whole or any part of the Loan (but, if in part, being an amount that reduces the amount of the Loan by a minimum amount of USD10,000,000 and in integral multiples US$500,000 or a multiple of USD100,000that amount).

Appears in 1 contract

Samples: Facility Agreement (United Maritime Corp)

Voluntary prepayment of Loan. The Borrower may, if it gives the Agent not less than 5 Business Days’ (or Days¶(or such shorter period as the Majority Lenders may agree) prior written notice, prepay the whole or any part of the Loan (but, if in part, being an amount that reduces the amount of the Loan by a minimum amount of USD10,000,000 and in integral multiples of USD100,000).

Appears in 1 contract

Samples: Agreement

Voluntary prepayment of Loan. The (a) Subject to paragraph (b) and (c) below, the Borrower may, if it gives the Facility Agent not less than 5 five Business Days' (or such shorter period as the Majority Lenders and the Facility Agent may agree) prior written notice, prepay the whole or any part of the Loan an Advance under a Facility (but, if in part, being an amount that reduces the amount of the Loan relevant Advance by a minimum amount of USD10,000,000 and in integral multiples of USD100,000$2,500,000).

Appears in 1 contract

Samples: Assignment Agreement (Taylor Maritime Investments LTD)

Voluntary prepayment of Loan. The Borrower Borrowers may, if it gives they give the Facility Agent not less than 5 Business Days’ (or such shorter period as the Majority Lenders and the Facility Agent may agree) prior written notice, prepay the whole (or any part part) of the Loan (but, if in part, being an amount that reduces the amount of the Loan by a minimum amount of USD10,000,000 and in integral multiples of USD100,000)Loan.

Appears in 1 contract

Samples: Assignment Agreement (Global Ship Lease, Inc.)

Voluntary prepayment of Loan. (a) The Borrower may, if it gives the Facility Agent not less than 5 Business Days’ Days (or such shorter period as the Majority Lenders may agree) prior written notice, prepay the whole or any part of the Loan (but, if in part, being an amount that reduces the amount of the Loan by a minimum amount of USD10,000,000 and in integral multiples $1,000,000 or a multiple of USD100,000that amount).

Appears in 1 contract

Samples: Assignment Agreement (DryShips Inc.)

Voluntary prepayment of Loan. The Borrower may, if it gives the Agent not less than 5 10 Business Days' (or such shorter period as the Majority Lenders may agree) prior written notice, prepay the whole or any part of the Loan (butLoan, if in part, being an amount that reduces the amount of the Loan by a minimum amount of USD10,000,000 and in integral multiples of USD100,000).provided that:

Appears in 1 contract

Samples: Agreement (PCGI Intermediate Holdings LTD)

Voluntary prepayment of Loan. The Borrower (a) Subject to paragraphs (b) and (c) below, the Borrowers may, if it gives they give the Facility Agent not less than 5 ten Business Days’ (or such shorter period as the Majority Lenders may agree) prior written notice, ; prepay the whole or any part of the Loan (but, if in part, being an amount that reduces the amount of the Loan by a minimum amount of USD10,000,000 and in integral multiples $1,000,000 or a multiple of USD100,000that amount).

Appears in 1 contract

Samples: Assignment Agreement (Castor Maritime Inc.)

Voluntary prepayment of Loan. (a) The Borrower Borrowers may, if it gives they give the Facility Agent not less than 5 10 Business Days' (or such shorter period as the Majority Lenders may agree) prior written noticenotice and subject to compliance with Clause 11.3 (Prepayment or cancelation fee), prepay the whole or any part of the Loan (but, if in part, being an amount that reduces the amount of the Loan by a minimum amount of USD10,000,000 and in integral multiples $500,000 or a multiple of USD100,000that amount).

Appears in 1 contract

Samples: Assignment Agreement (Star Bulk Carriers Corp.)

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