Common use of Voluntary Prepayments of Term Loans Clause in Contracts

Voluntary Prepayments of Term Loans. (a) The Holdings Borrower may, at its option, prepay the Term A Loans in full or in amounts aggregating (pound)1,000,000 or any integral multiple of (pound)100,000, by paying the principal amount to be prepaid, plus all interest accrued and unpaid thereon to the date of prepayment, plus all compensation payments required by Section 5.16.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Catalina Lighting Inc)

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Voluntary Prepayments of Term Loans. (a) The Holdings Borrower may, at its option, prepay the Term A Loans in full or in amounts aggregating (pound)1,000,000 pound) 1,000,000 or any integral multiple of (pound)100,000pound) 100,000, by paying the principal amount to be prepaid, plus all interest accrued and unpaid thereon to the date of prepayment, plus all compensation payments required by Section 5.16.

Appears in 1 contract

Samples: Credit and Term Loan Agreement (Catalina Lighting Inc)

Voluntary Prepayments of Term Loans. (a) The Holdings Borrower may, at its option, without penalty or premium, prepay the Term A Loans in full or in amounts aggregating (pound)1,000,000 $500,000 or any integral multiple of (pound)100,000$100,000, by paying the principal amount to be prepaid, plus all interest accrued and unpaid thereon to the date of prepayment, plus all compensation payments required by Section 5.16.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Conso International Corp)

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Voluntary Prepayments of Term Loans. (a) The Holdings Borrower may, at its option, prepay the Term A Loans in full or in amounts aggregating (pound)1,000,000 the Sterling Equivalent of $500,000 or any integral multiple of (pound)100,000the Sterling Equivalent of $100,000, by paying the principal amount to be prepaid, plus all interest accrued and unpaid thereon to the date of prepayment, plus all compensation payments required by Section 5.16.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Catalina Lighting Inc)

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