Prepayments definition
Examples of Prepayments in a sentence
Prepayments shall be applied first to accrued but unpaid interest and then to principal.
Prepayments shall be applied first to any unpaid late charges and other costs and fees then due, then to accrued but unpaid interest, and then to principal.
Prepayments pursuant to Paragraph 15 of this Agreement or full redemption payments received by FTA from Lender or SBA shall be remitted by FTA to Registered Holder by wire transfer within two (2) business days of receipt of immediately available funds by the FTA.
NEGATIVE COVENANTS 4958 6.1. Indebtedness 4958 6.2. Liens 4958 6.3. Restrictions on Fundamental Changes 4959 6.4. Disposal of Assets 5059 6.5. Nature of Business 5059 6.6. Prepayments, Payments of Certain Indebtedness and Amendments 5060 6.7. Restricted Payments 5162 6.8. Accounting Methods 5262 6.9. Investments 5262 6.10.
Prepayments of any tranche of Incremental Term Loans will be in such minimum principal amounts, and shall be applied, as specified in the applicable Incremental Amendment governing such tranche.