Common use of Voluntary prepayment of Loan Clause in Contracts

Voluntary prepayment of Loan. (a) The Borrower may, if it gives the Lender not less than five (5) Business Days’ prior 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 US$10,000,000).

Appears in 4 contracts

Samples: Facility Agreement (China TransInfo Technology Corp.), Facility Agreement (China Security & Surveillance Technology, Inc.), Facility Agreement (Harbin Electric, Inc)

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Voluntary prepayment of Loan. (a) The Borrower may, if it gives the Lender not less than five three (53) Business Days’ 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 US$10,000,0002,000,000 and thereafter in integral multiples of US$1,000,000 or, if less, the principal outstanding amount of the Loan).

Appears in 2 contracts

Samples: Facility Agreement (Sequoia Capital China I Lp), Facility Agreement (Chiu Na Lai)

Voluntary prepayment of Loan. (a) The Borrower may, if it gives the Lender Agent not less than five (5) Business Days’ (or such shorter period as the Majority Lenders may agree) prior 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 US$10,000,000RUB 1,000,000,000).

Appears in 1 contract

Samples: Facility Agreement (Ozon Holdings PLC)

Voluntary prepayment of Loan. (a) The Borrower may, if it gives the Lender not less than five (5) Business Days’ prior notice, may prepay the whole or any part of the Loan (but, if in part, being an amount that reduces which is an integral multiple of $1,000,000) subject to giving the amount of Agent not less than ten Business Days' (or such shorter period as the Loan by a minimum amount of US$10,000,000)Majority Lenders may agree) prior notice.

Appears in 1 contract

Samples: Scorpio Bulkers Inc.

Voluntary prepayment of Loan. (a) The Borrower may, if it gives the Lender not less than five (5) Business Days’ prior notice, may prepay the whole or any part of the Loan (but, if in part, being such prepayment shall be in an amount that reduces the amount of the Loan by a minimum amount of US$ten million Dollars ($10,000,000)) provided that it gives the Agent not less than three (3) Business Days’ prior notice.

Appears in 1 contract

Samples: Loan Agreement (Teekay Tankers Ltd.)

Voluntary prepayment of Loan. (a) The Borrower may, if it gives the Lender not less than five (5) Business Days’ prior notice, 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 an amount which is an integral multiple of US$10,000,000one million dollars ($1,000,000)) subject to giving the Agent not less than five (5) Business Days' (or such shorter period as the Majority Lenders may agree) prior notice.

Appears in 1 contract

Samples: Loan Agreement (Safe Bulkers, Inc.)

Voluntary prepayment of Loan. (a) 7.4.1 The Borrower may, if it gives the Lender not less than five (5) 5 Business Days' (or such shorter period as the Lender may agree) prior 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 US$10,000,000£50,000).

Appears in 1 contract

Samples: Facility Agreement (Utah Medical Products Inc)

Voluntary prepayment of Loan. (a) The Borrower may, if it gives the Lender not less than five ten (510) Business Days’ 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 US$10,000,00030,000,000 and thereafter in integral multiples of US$30,000,000 or, if less, the principal outstanding amount of the Loan).

Appears in 1 contract

Samples: Facility Agreement (Zhongpin Inc.)

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Voluntary prepayment of Loan. (a) The Borrower may, if it gives the Lender not less than five (5) Business Days’ prior notice, Borrowers may prepay the whole or any part of the Loan (but, if in part, being such prepayment shall be in an amount that reduces the amount of the Loan by a minimum amount of US$10,000,000)one million Dollars ($1,000,000) provided that it gives the Agent not less than three (3) Business Days' prior notice.

Appears in 1 contract

Samples: Teekay LNG Partners L.P.

Voluntary prepayment of Loan. (a) The Borrower may, if it gives the Lender not less than five ten (510) Business Days’ 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 US$10,000,000).

Appears in 1 contract

Samples: Facility Agreement (Fushi Copperweld, Inc.)

Voluntary prepayment of Loan. (a) The Borrower may, if it gives the Lender not less than five (5) three Business Days’ (or such shorter period as the Lender may agree) prior notice, prepay 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 US$$10,000,000).

Appears in 1 contract

Samples: Facility Agreement (Oracle Corp /De/)

Voluntary prepayment of Loan. (a) The Borrower may, if it gives the Lender not less than five (5) Business Days’ days prior notice, prepay the whole or any part of the its Loan (but, if in part, being an amount that reduces the amount of the Loan by a minimum amount of US$10,000,0001,000,000 or a higher integral multiple of US$1,000,000).

Appears in 1 contract

Samples: Facility Agreement (Cordlife Group LTD)

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