Prepayment of the Note Sample Clauses

Prepayment of the Note. 1.1 Notwithstanding anything to the contrary set forth in the Note and subject to the successful completion of the Offering, the Debtor hereby agrees to pay to the Holder the principal and the interest accrued and unpaid through the Date of Payment (as defined in this Section 1.1) and the Holder agrees to accept said payment as and for complete payment and satisfaction of the Note (the “Prepayment”). For purposes hereof, “
Prepayment of the Note. The Company may from time to time prepay all or any portion of the Notes and all accrued but unpaid interest thereon without premium or penalty of any type. The Company shall give the Purchasers at least three Business Days prior written notice of its intention to prepay the Notes, specifying the date of payment and the total amount of the Notes and the accrued but unpaid interest to be paid on such date. In the event that the Company elects to partially prepay the Notes, such prepayment will be made pro rata based on the principal balance of the Notes held by the Purchasers.
Prepayment of the Note. The Company may prepay any outstanding amounts owing under this Note, in whole or in part, at any time prior to the Maturity Date, subject to conversions by the Holder, in accordance with Section 3 of this Note.
Prepayment of the Note. The Debt may be prepaid only if and as permitted by the Note and this Loan Agreement. Borrower may not prepay the Note, in whole or in part, except on or after July 9, 2024 during which period Borrower may prepay the Note in whole, but not in part, at par and without payment of the Prepayment Consideration. In addition, if a Permitted Lease Termination Event occurs, then Borrower must prepay the Note as follows: If a Destruction occurs that results in a Permitted Lease Termination Event, then Borrower must prepay the entire outstanding principal balance of the Note, together with accrued and unpaid interest thereon, and all other amounts due and owing under the Note, this Loan Agreement and the Security Documents.
Prepayment of the Note. The Debt may be prepaid only if and as permitted by the Note and this Loan Agreement. Borrower may not prepay the Note, in whole or in part, except on or after February 8, 2021 during which period Borrower may prepay the Note in whole, but not in part, at par and without payment of the Prepayment Consideration. In addition, Borrower must prepay the Note in whole as follows if a Permitted Lease Termination Event occurs:
Prepayment of the Note. Section 7.1. Option To Prepay the Note and Terminate Loan Agreement in Certain Events..................... 29 Section 7.2. Option To Prepay the Note in Whole..................... 30 Section 7.3. Option To Prepay the Note in Part...................... 31 Section 7.4. Obligation To Prepay the Note.......................... 31 Section 7.5. Amount Required for Prepayment......................... 31
AutoNDA by SimpleDocs
Prepayment of the Note. The City is hereby granted, and shall have, the option to prepay, together with accrued interest, all or any portion of the unpaid aggregate amount of the Note at any time, without premium or penalty.
Prepayment of the Note. Borrower may at any time prepay the Notes or any of them, in full or in part, provided, however, that any prepayment of principal shall include accrued interest to the date of prepayment of the principal amount being prepaid. Any prepayment shall be applied first to satisfaction of any accrued and unpaid interest on the Note and the balance shall be against the principal balance thereof.
Prepayment of the Note. Required Prepayment This Note is subject to mandatory prepayment from the net cash proceeds received by the Issuer or the MLP from the Equity Financing Transaction as defined in the Contribution Agreement or from the net cash proceeds of any other debt offering or financing. Optional Prepayment The Company may, at its option, prepay all or part of the Note, in an amount not less than $5,000,000 of the original aggregate principal amount of the Note in the case of a partial prepayment,
Time is Money Join Law Insider Premium to draft better contracts faster.