Partial Prepayment Notice definition

Partial Prepayment Notice means a notice substantially in the form set out in schedule 6 (Form of Partial Prepayment Notice) to the Facility Agreement. Voluntary prepayment
Sample 1
Partial Prepayment Notice means a notice signed by a Responsible Officer of the Administrative Agent in the form of Annex III.
Sample 1

Examples of Partial Prepayment Notice in a sentence

  • Upon receipt of a Partial Prepayment Notice, the Borrower shall deliver an acknowledgement to the Facility Agent within three (3) Business Days.

  • If the Facility Agent does not receive such acknowledgement from the Borrower within three (3) Business Days of delivery of Partial Prepayment Notice, the Facility Agent shall promptly deliver another Partial Prepayment Notice to the Borrower.

Related to Partial Prepayment Notice

  • Partial Prepayment Any payment of principal on a Mortgage Loan, other than a Full Prepayment, which is received in advance of its scheduled Due Date and is not accompanied by an amount of interest representing scheduled interest due on any date or dates in any month or months subsequent to the month of prepayment.

  • Partial Prepayment Amount means the amount required to prepay a portion of the Annual Special Tax obligation for an Assessor’s Parcel as described in Section H.

  • Initial Prepayment shall have the meaning set forth in Section 7.2 of this Agreement.

  • Full Prepayment Any payment of the entire principal balance of a Mortgage Loan which is received in advance of its scheduled Due Date and is not accompanied by an amount of interest representing scheduled interest due on any date or dates in any month or months subsequent to the month of prepayment.

  • Optional Prepayment shall have the meaning set forth in Section 2.10.

  • Optional Prepayment Price shall have the meaning set forth in Section 14.02(a).

  • Acceptance and Prepayment Notice means a notice of the Borrower’s acceptance of the Acceptable Discount in substantially the form of Exhibit M.

  • Optional Prepayment Date has the meaning specified in Section 4.b hereof.

  • Notice of Loan Prepayment means a notice of prepayment with respect to a Loan, which shall be substantially in the form of Exhibit 2.05 or such other form as may be approved by the Administrative Agent (including any form on an electronic platform or electronic transmission system as shall be approved by the Administrative Agent), appropriately completed and signed by a Responsible Officer.

  • Prepayment Notice means a notice by the Borrower to prepay Loans, which shall be in such form as the Appropriate Party may approve.

  • Specified Discount Prepayment Notice means an irrevocable written notice of a Borrower Offer of Specified Discount Prepayment made pursuant to Section 2.11(a)(ii)(B) substantially in the form of Exhibit I.

  • Discount Range Prepayment Notice means a written notice of a Borrower Solicitation of Discount Range Prepayment Offers made pursuant to Section 2.11(a)(ii)(C) substantially in the form of Exhibit K.

  • Discounted Voluntary Prepayment Notice has the meaning specified in Section 2.05(d)(v).

  • Applicable Prepayment Premium has the meaning specified therefor in the Fee Letter.

  • ECF Prepayment Amount has the meaning assigned to such term in Section 2.11(b)(i).

  • Discounted Prepayment Option Notice has the meaning specified in Section 2.05(d)(ii).

  • Proposed Prepayment Date is defined in Section 8.3(c).

  • Prepayment means any prepayment, whether in part or in full, in respect of any Receivable.

  • Repayment Notice Each notice required to be delivered by the Borrower pursuant to Section 2.3 in respect of any reduction in the Facility Amount or repayment of Advances Outstanding, in the form of Exhibit A-2.

  • Principal Prepayment Any payment of principal or other recovery on a Mortgage Loan, including a recovery that takes the form of Liquidation Proceeds or Insurance Proceeds, which is received in advance of its scheduled Due Date and is not accompanied by an amount as to interest representing scheduled interest on such payment due on any date or dates in any month or months subsequent to the month of prepayment.

  • Notice of Prepayment has the meaning assigned thereto in Section 2.4(c).

  • Principal Prepayment Amount For any Distribution Date and for any Loan Group, the sum with respect to the Mortgage Loans in such Loan Group of (i) Curtailments received during the Prior Period from such Mortgage Loans and (ii) Payoffs received during the Payoff Period from such Mortgage Loans.

  • Discount Prepayment Accepting Lender has the meaning set forth in Section 2.05(a)(v)(B)(2).

  • Solicited Discounted Prepayment Notice means an irrevocable written notice of a Borrower Solicitation of Discounted Prepayment Offers made pursuant to Section 2.11(a)(ii)(D) substantially in the form of Exhibit M.

  • Principal Prepayment Period The month preceding the month in which the related Remittance Date occurs.

  • Applicable Prepayment Percentage means, at any time, for purposes of Section 4.02(e) and the definition of “Retained Excess Cash Flow Amount,” 50%; provided that, so long as no Default or Event of Default is then in existence, if the Total Leverage Ratio is less than 3.50:1.00 as at the last day of the most recently ended Fiscal Year of the U.S. Borrower (as set forth in an officer’s certificate delivered pursuant to Section 8.01(d) for the Fiscal Year of the U.S. Borrower then last ended), the Applicable Prepayment Percentage shall instead be 0%.