Mandatory Prepayment definition
Mandatory Prepayment is defined in Section 2.4(a).
Mandatory Prepayment shall have the meaning set forth in Section 2.1(c).
Mandatory Prepayment and “Mandatory Prepayment Price” have the meaning contained in Section 3.5(a)(i).
Examples of Mandatory Prepayment in a sentence
If the Maker shall fail to pay the applicable Mandatory Prepayment Price to the Holder on the date that is two Trading Days following the Maker’s receipt of the Holder’s Notice in Response to Inability to Convert, in addition to any remedy the Holder may have under this Note and the Purchase Agreement, such unpaid amount shall bear interest at the rate of 2% per month (prorated for partial months) until paid in full.
Until the full Mandatory Prepayment Price is paid in full to the Holder, the Holder may (i) void the Mandatory Prepayment with respect to that portion of the Note for which the full Mandatory Prepayment Price has not been paid and (ii) receive back such Note.
More Definitions of Mandatory Prepayment
Mandatory Prepayment means a mandatory prepayment of a Mortgage Loan pursuant to its terms. In the case of each 2023 Series Mortgage Loan, the Mandatory Prepayment shall be in the amount shown in Exhibit B attached to this Supplemental Resolution.
Mandatory Prepayment has the meaning assigned to such term in Section 3.3.3.
Mandatory Prepayment means that term as defined in Section 2.11(c) hereof.
Mandatory Prepayment means a prepayment in accordance with Section 3.08 (Mandatory Prepayment).
Mandatory Prepayment has the meaning set forth in Section 3.03(b)(i).
Mandatory Prepayment means a prepayment of Loans required of Borrower pursuant to Section 3.2(c) of the Financing Agreement.
Mandatory Prepayment shall have the meaning assigned to such term in Section 2.01(d).