Partial Prepayment Amount definition
Examples of Partial Prepayment Amount in a sentence
Furthermore, immediately and automatically upon such prepayment, the Commitment Amount shall be reduced to zero in the case of a repayment of the entire amount outstanding of the Loan or by the Partial Prepayment Amount in the case of a Partial Prepayment.
The Contractor shall be liable to the Treasurer for actual and compensatory damages that are available to the Treasurer in law or remedies in equity.
The Company may prepay all or any portion of the Securities at any time by paying to the Holders an amount equal to the Prepayment Amount or the Partial Prepayment Amount, as the case may be, as provided in Exhibit B hereto.
Once the Principal Amount is determined as set forth above, the Issuer shall pay the Partial Prepayment Amount, and the Principal Amount for all purposes thereafter shall be deemed to be the Principal Amount as so determined less the Partial Prepayment Amount (subject to any subsequent adjustments in such Principal Amount made in accordance with the terms of this Note including Section 2.4).
The Issuer may, by giving not less than seven (7) Business Day’s (or such shorter time as the Holder may agree) prior written notice to the Holder specifying the principal amount of this Note to be prepaid (the “Partial Prepayment Amount”) and the date of such prepayment, prepay this Note on such specified date by paying on such date the Partial Prepayment Amount.