Conditions for voluntary prepayment. The conditions referred to in Clause 7.3 are that: (a) a partial prepayment in respect of the Facilities shall be in an amount equal to $100,000 or higher integral multiples thereof; and (b) the Agent has received from the Borrower at least five (5) Business Days’ prior written notice (the “Prepayment Notice”) specifying the amount to be prepaid and the date on which the prepayment is to be made.
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Samples: Loan Agreement (Navios Maritime Holdings Inc.), Loan Agreement (Navios Maritime Acquisition CORP)
Conditions for voluntary prepayment. The conditions referred to in Clause 7.3 8.4 are that:
(a) a partial prepayment in respect of the Facilities shall be in an amount equal to $100,000 1,000,000 or higher integral multiples a multiple thereof; and;
(b) the Agent has received from the Borrower at least five (5) Business Days15 days’ prior written notice (the “Prepayment Notice”) specifying the amount to be prepaid and the date on which the prepayment is to be made; and
(c) the Borrower has provided evidence satisfactory to the Agent that any consent required by the Borrower in connection with the prepayment has been obtained and remains in force.
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Samples: Loan Agreement (Danaos Corp)
Conditions for voluntary prepayment. The conditions referred to in Clause 7.3 8.5 are that:
(a) a partial prepayment in respect of the Facilities shall be in an amount equal to $100,000 1,000,000 or a higher integral multiples thereof; andmultiple of $1,000,000 or such lower amount as the Agent may approve;
(b) the Agent has received from the Borrower Borrowers at least five (5) 5 Business Days’ ' prior written notice (the “Prepayment Notice”) specifying the amount to be prepaid and the date on which the prepayment is to be made; and
(c) that the Borrowers have complied with Clause 8.14 on or prior to the date of prepayment.
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Conditions for voluntary prepayment. The conditions referred to in Clause 7.3 8.5 are that:
(a) a partial prepayment in respect of the Facilities shall be in an amount equal to $100,000 1,000,000 or a higher integral multiples thereof; andmultiple of $1,000,000 or such lower amount as the Agent may approve;
(b) the Agent has received from the Borrower Borrowers at least five (5) three Business Days’ ' prior written notice (the “Prepayment Notice”) specifying the amount to be prepaid and the date on which the prepayment is to be made; and
(c) that the Borrowers have complied with Clause 8.15 on or prior to the date of prepayment.
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Conditions for voluntary prepayment. The conditions referred to in Clause 7.3 7.4 are that:
(a) a partial prepayment in respect of the Facilities shall be in an amount equal to $100,000 4,000,000 or higher integral multiples a multiple thereof; and;
(b) the Agent Lender has received from the Borrower at least five (5) Business Days15 days’ prior written notice (the “Prepayment Notice”) specifying the amount to be prepaid and the date on which the prepayment is to be made; and
(c) the Borrower has provided evidence satisfactory to the Lender that any consent required by the Borrower in connection with the prepayment has been obtained and remains in force.
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Samples: Loan Agreement (Danaos Corp)
Conditions for voluntary prepayment. The conditions referred to in Clause 7.3 8.4 are that:
(a) a partial prepayment in respect of the Facilities shall be in an amount equal to $100,000 500,000 or a higher integral multiples thereof; andmultiple of $500,000 or such lower amount as the Agent may approve;
(b) the Agent has received from the Borrower at least five (5) 3 Business Days’ prior written notice (the “Prepayment Notice”) specifying the amount to be prepaid and the date on which the prepayment is to be made; and
(c) that the Borrower has complied with Clause 8.14 on or prior to the date of prepayment.
Appears in 1 contract
Conditions for voluntary prepayment. The conditions referred to in Clause 7.3 9.6 are that:
(a) a partial prepayment in respect of the Facilities shall be in an amount equal to $100,000 500,000 or higher integral multiples thereof; anda multiple of $500,000;
(b) the Agent has and the Paying Agent have received from the Borrower at least five (5) Business Days30 days’ prior written notice (the “Prepayment Notice”) specifying the amount to be prepaid and the date on which the prepayment is to be made;
(c) the Borrower has provided evidence satisfactory to the Paying Agent that any consent required by the Borrower or any Security Party in connection with the prepayment has been obtained and remains in force.
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Conditions for voluntary prepayment. The conditions referred to in Clause 7.3 8.5 are that:
(a) a partial prepayment in respect of the Facilities shall be in an the minimum principal amount equal to of:
(i) $100,000 or higher integral multiples thereof5,000,000 for the Term Loan; andor
(ii) $1,000,000 for a Revolving Advance;
(b) the Agent has received from the Borrower at least five (5) 5 Business Days’ prior written notice (the “Prepayment Notice”) specifying the amount to be prepaid and the date on which the prepayment is to be made;
(c) the Borrower has complied with Clause 8.13 on or prior to the date of prepayment.
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Conditions for voluntary prepayment. The conditions referred to in Clause 7.3 8.4 are that:
(a) a partial prepayment in respect of the Facilities shall be in an amount equal to $100,000 500,000 or higher integral multiples thereof; anda multiple of $500,000;
(b) the Agent has received from the Borrower Borrowers at least five (5) Business Days’ prior written notice (the “Prepayment Notice”) specifying the amount to be prepaid for such Tranche, the description of the repayment installments against which such voluntary prepayment is to be applied and the date on which the prepayment is to be made; and
(c) the Borrowers have complied with clause 8.12 on or prior to the date of prepayment.
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Conditions for voluntary prepayment. The conditions referred to in Clause 7.3 8.4 are that:
(a) a partial prepayment in respect of the Facilities shall be in an amount equal to $100,000 a Six-monthly Instalment or a higher integral multiples multiple thereof; and;
(b) the Agent has received from the Borrower at least five (5) Business Days5 days’ prior written notice (the “Prepayment Notice”) specifying the amount to be prepaid and the date on which the prepayment is to be made; and
(c) if a prepayment is not made on the last day of an Interest Period, the Borrower shall pay to the Agent in relation to such prepayment any additional amounts determined by reference to Clause 8.9.
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Conditions for voluntary prepayment. The conditions referred to in Clause 7.3 8.5 are that:
(a) a partial prepayment in respect of the Facilities shall be in an the minimum principal amount equal to of $100,000 or higher integral multiples thereof5,000,000; and
(b) the Agent has received from the Borrower at least five (5) 5 Business Days’ prior written notice (the “Prepayment Notice”) specifying the amount to be prepaid and the date on which the prepayment is to be made.
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Samples: Second Lien Loan Agreement (Eagle Bulk Shipping Inc.)
Conditions for voluntary prepayment. The conditions referred to in Clause 7.3 8.4 are that:
(a) a partial prepayment in respect of the Facilities shall be in an amount equal to $100,000 5,000,000 or higher integral multiples a multiple thereof; and;
(b) the Agent has received from the Borrower at least five (5) 3 Business Days’ prior written notice (the “Prepayment Notice”) specifying the amount to be prepaid and the date on which the prepayment is to be made; and
(c) the Borrower has provided evidence satisfactory to the Agent that any consent required by the Borrower in connection with the prepayment has been obtained and remains in force.
Appears in 1 contract
Samples: Loan Agreement (Danaos Corp)