Examples of Premium Amount in a sentence
If the Company elects to redeem this Note pursuant to this Section 1(b), the Company shall give notice of such prepayment to Holder not less than ten (10) calendar days prior to the date fixed for prepayment, specifying (a) the date on which such prepayment is to be made, (b) the principal amount of the Note to be redeemed on such date, and (c) the applicable Premium Amount (as defined in the Note Purchase Agreement) to be made concurrently with the prepayment.
Upon the occurrence of a qualifying event prior to Maturity Date described in this Section 4, the Notes, including principal, accrued interest thereon, plus the Premium Amount required under Section 3 above, must be paid in the manner and to the extent provided herein.
Notwithstanding anything to the contrary set forth herein, if there is a Prepayment Event, then on the date thereof (the “Prepayment Date”), in addition to the Prepayment Amount the Company shall pay the Premium Amount (as defined below) to all the Purchasers on a pro rata basis based on their respective pro rata share of the principal amount of the Notes.