Payment and Prepayment. Borrower shall have the right to prepay the Loan, in whole or in part, at any time without penalty. All payments received by Lender shall be applied, first, to the payment of fees, interest and other obligations (other than principal) hereunder, and second, to the payment of principal, each in such order and priority as the Lender shall determine in its sole discretion. Upon full payment of all amounts due and owing on the Loan, and Borrower giving written notice to the Lender, the Lender shall immediately return the original Notes to Borrower marked "Satisfied."
Payment and Prepayment. All payments and prepayments of the ---------------------- Principal Amount and interest on this Note shall be made to the Lender in lawful money of the United States of America at the principal offices of the Lender. Any prepayments of any portion of the Principal Amount shall be accompanied by payment of all interest accrued but unpaid on the Principal Amount being prepaid.
Payment and Prepayment. All payments and prepayments of the Principal Sum of and the accrued interest on this Note shall be made to the Company or its order, or to the legal holder of this Note or such holder's order, in lawful money of the United States of America at the principal offices of the Company (or at such other place as the holder hereof shall notify the Borrower in writing). The Borrower may, at his option, prepay this Note in whole or in part at any time or from time to time without penalty or premium. Any prepayments of any portion of the Principal Sum of this Note shall be accompanied by payment of all interest accrued but unpaid on the portion of Principal Sum so repaid. Upon full and final payment of the Principal Sum of and interest accrued on this Note, it shall be surrendered to the Borrower and the Pledged Collateral (as defined below) shall be released, subject to the terms of any other note or similar agreement entered into by and between the Company and the Borrower from time to time.
Payment and Prepayment. (i) On the Maturity Date, the entire Payment Amount shall become due and payable in cash (except as may be paid pursuant to clause (ii) below). The Company may prepay this Note (together with all other Notes) in full (but not in part) in cash at any time after the Original Issue Date in an amount equal to the Payment Amount without any penalty.
Payment and Prepayment. The principal amount of this Debenture shall not bear any interest. Except as otherwise set forth in this Debenture, the Company may not prepay any portion of the principal amount of this Debenture without the prior written consent of the Holder.
Payment and Prepayment. 2.1 The total and outstanding unpaid principal balance of this Impact Fund (Balloon) Loan Note shall become due and payable in a single lump sum balloon payment on the Maturity Date. All of the payments required hereunder shall be made to Impact Fund Lender at its address shown above, or at such other place as Impact Fund Lender may direct in writing. If Borrower does not repay the full lump sum balloon payment on the Maturity Date, the Borrower will be in default.
Payment and Prepayment. 2.1 The total and outstanding unpaid principal balance of this Impact Fund Mortgage Note shall become due and payable in a single lump sum payment on the Maturity Date. All of the payments required hereunder shall be made to Impact Fund Lender at its address shown hereinabove, or at such other place as Impact Fund Lender may direct in writing.
Payment and Prepayment. 4.1 The Buyer shall be entitled to prepay the Seller’s Credit in whole or in part at any time without penalty, by giving the Seller not less than 3 Banking Days’ irrevocable notice.
Payment and Prepayment. On the Maturity Date the entire unpaid Payment Amount (or, if an Event of Default shall have previously occurred, the entire Default Amount) shall become due and payable. The Company may prepay this Note in full at any time after the Original Issue Date, and shall prepay this Note as required pursuant to Section 4.09 of the Purchase Agreement, in an amount equal to the Payment Amount (or, if an Event of Default shall have previously occurred, the Default Amount). The Company must provide at least ten (10) calendar days’ prior written notice to the Holder of any intended payment or prepayment under this Note following the occurrence of any Event of Default, during which time the Holder may convert this Note, in whole or in any part, pursuant to Section 4. Prepayment shall not be offered to any holder of Notes unless prepayment is offered pro rata to all holders of Notes on identical terms.
Payment and Prepayment. The Deferred Rent, together with any accrued and unpaid interest, shall be due on the first Business Day of July 2011. The Deferred Rent may be prepaid at any time without premium or penalty, in whole or part, provided any partial prepayment shall be made in multiples of $1,000,000, together with accrued and unpaid interest, if any.
