Common use of Voluntary Prepayments of Principal Clause in Contracts

Voluntary Prepayments of Principal. Borrowers may voluntarily prepay principal of the Term Loans, in whole or in part, without premium or penalty; provided, however, that any prepayment must be made upon at least five (5) calendar days’ prior written notice to Lenders.

Appears in 2 contracts

Samples: Loan Agreement (I3 Verticals, Inc.), Loan Agreement (I3 Verticals, Inc.)

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Voluntary Prepayments of Principal. Borrowers may voluntarily prepay principal of the Term Loans, in whole or in part, without premium or penalty; provided, however, that any prepayment must be made upon at least five (5) calendar days' prior written notice to Lenders.

Appears in 2 contracts

Samples: Loan Agreement (I3 Verticals, Inc.), Loan Agreement (I3 Verticals, Inc.)

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