Voluntary Prepayment of Term Loan. The Borrower may prepay any Term Loan Advance on any Banking Day, in whole or in part, without penalty or premium (in Dollars in freely available-same day funds equal to or exceeding One Hundred Thousand Dollars ($100,000), each such repayment to be in an integral multiple of One Hundred Thousand Dollars ($100,000)), on any Banking Day upon giving the Agent not less than five (5) Banking Days prior written notice (which notice shall be irrevocable and shall specify the amount and date of prepayment).
Appears in 4 contracts
Samples: Term Loan and Revolving Credit Facility Agreement (Marine Transport Corp), Term Loan and Revolving Credit Facility Agreement (Marine Transport Corp), Term Loan and Revolving Credit Facility Agreement (Marine Transport Corp)
