Early Repayment of the Loan Sample Clauses

Early Repayment of the Loan. The Borrower will have the option to repay the Loan upon 30 days prior notice, in whole or in part, on any business day commencing [November/December XX], 2010. The repayment price will equal 100% of the principal amount of the notes to be redeemed plus accrued interest on the notes to be redeemed to the date of redemption. 5.
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Early Repayment of the Loan. If the Investor repays the Loan Amount and requests that the Units are transferred to the Investor then:
Early Repayment of the Loan. You can elect to repay your Loan at any time during the Investment Term and request that the Issuer direct the Registrar to transfer the Units into your name. If you elect to repay your Loan on or prior to the Maturity Date, you will not receive a refund of any Prepaid Interest and may incur significant Loan Break Costs. The Issuer will provide the Investor with an estimate of the amount outstanding on the Loan, calculated by the Issuer acting reasonably, and subject to interest rates, liquidity, Loan Break Costs and other relevant factors, upon request from the Investor. The Investor may use this estimate to decide whether or not to proceed with early repayment of the Loan. Investors should note that this is an estimate only and the final amount outstanding on the Loan may differ. Investors should note that the amount outstanding will always be equal to or less than the Issue Price.
Early Repayment of the Loan. The Proponent has the right to early terminate the loan with a penalty of 0.1% on the capital still to be repaid. The Proponent will pay off the loan early in the event of transfer of the project to a third party.
Early Repayment of the Loan. Borrower will have the option to repay the Loan upon three (3) Business Days prior written notice, in whole or in part (subject to the minimum and incremental principal amounts for repayments, as described in Section 2), on any Business Day. Any repayment of principal must be accompanied by a concurrent payment of any and all accrued and unpaid interest on such principal amount to the date of repayment. Amounts repaid may be reborrowed in accordance with the terms of this Agreement, until the Maturity Date.
Early Repayment of the Loan. 8.1. The Lender may unilaterally decline further execution of this Agreement, as well as call back the full amount of the Borrower’s debt along with the accrued Interest upon 24 (twenty four) months of the time of signing of this Agreement in the event:
Early Repayment of the Loan. The Borrower will have the option to repay the Loan upon 5 Business Daysprior notice, in whole or in part, on any Business Day (together with other capitalized terms not defined in the body of this Agreement, as defined in Exhibit A). The repayment price will equal 100% of the principal amount of the Loan to be repaid plus accrued interest on the notes to be redeemed to the date of redemption.
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Early Repayment of the Loan. 9.1 The Borrower has the right to pay the loan in whole or in part before the payment deadline. In this case, the Lender does not apply interest and additional costs on the Loan Paid for all loans over 200 Euros where the following paragraphs of this provision apply. 9.2 In any case, if the Borrower wishes to exercise his right to prepay the Loan, he/she is obliged to notify the Lender in advance, at least one business day prior to the exercise of the right. Non-disclosure may have the consequence that the Lender does not apply the reductions in the costs and interest on which the risk falls on the Borrower. 9.3
Early Repayment of the Loan. 4.1 Withdrawal for personal reasons If the BORROWER leaves the start-up company for personal reasons and no longer pursues the project, then the amount of the loan that has already been paid out must be repaid within six months of the BORROWER’s departure from the start-up. The STI is not required to serve notice on the loan in this instance. Art. 2.4 remains reserved.

Related to Early Repayment of the Loan

  • Repayment of the Loan The Borrower agrees to repay the EMIs/Monthly Instalments and the other Outstanding Dues to BHFL on or before the respective Due Dates by any of the repayment modes as set out in the Loan Agreement or the Top-Up Loan Addendum, or in such manner and at such place, as may be agreed between the Borrower and BHFL. • BHFL may, at the request of the Borrower in writing, agree to change the repayment mode. BHFL may, at any time, in its discretion revise the repayment schedule in its sole and absolute discretion and notify the Borrower in advance accordingly. • The EMI/Monthly Instalment amount shall be arrived at so as to comprise the repayment of the Loan Amount and payment of Interest calculated on the basis of the Interest Rate within the Loan Tenure. The Borrower agrees to continue paying EMIs/Monthly Instalments until all Outstanding Dues under the Loan have been repaid in full to BHFL.

  • Prepayment of the Loan The Company may from time to time prepay all or any portion of the Loan without premium or penalty of any type. The Company shall give the Lender at least three Business Day prior written notice of its intention to prepay the Loan, specifying the date of payment and the total amount of the Loan to be paid on such date.

  • Repayment of the Loans The Companies (a) may prepay the Obligations from time to time in accordance with the terms and provisions of the Notes (and Section 17 hereof if such prepayment is due to a termination of this Agreement); (b) shall repay on the expiration of the Term (i) the then aggregate outstanding principal balance of the Loans together with accrued and unpaid interest, fees and charges and; (ii) all other amounts owed Laurus under this Agreement and the Ancillary Agreements; and (c) subject to Section 2(a)(ii), shall repay on any day on which the then aggregate outstanding principal balance of the Loans are in excess of the Formula Amount at such time, Loans in an amount equal to such excess. Any payments of principal, interest, fees or any other amounts payable hereunder or under any Ancillary Agreement shall be made prior to 12:00 noon (New York time) on the due date thereof in immediately available funds.

  • Non-Payment of the Loans, etc Default in the payment when due of the principal of any Loan; or default, and continuance thereof for five days, in the payment when due of any interest, fee, reimbursement obligation with respect to any Letter of Credit or other amount payable by the Company hereunder or under any other Loan Document.

  • Disbursement of the Loan Disbursements will be made by and at the discretion of SBA Counsel, in accordance with this Loan Authorization and Agreement and the general requirements of SBA. · Disbursements may be made in increments as needed. · Other conditions may be imposed by SBA pursuant to general requirements of SBA. · Disbursement may be withheld if, in SBA's sole discretion, there has been an adverse change in Borrower's financial condition or in any other material fact represented in the Loan application, or if Borrower fails to meet any of the terms or conditions of this Loan Authorization and Agreement. · NO DISBURSEMENT WILL BE MADE LATER THAN 6 MONTHS FROM THE DATE OF THIS LOAN AUTHORIZATION AND AGREEMENT UNLESS SBA, IN ITS SOLE DISCRETION, EXTENDS THIS DISBURSEMENT PERIOD. PARTIES AFFECTED · This Loan Authorization and Agreement will be binding upon Borrower and Borrower's successors and assigns and will inure to the benefit of SBA and its successors and assigns.

  • Repayment of Revolving Loans The Revolving Loans and all other Liabilities (other than the Term Loan) shall be repaid on the last day of the Original Term or any Renewal Term if this Agreement is renewed pursuant to Section 10 hereof.

  • Term Loan Advance Subject to Section 2.3(b), the principal amount outstanding under the Term Loan Advance shall accrue interest at a floating per annum rate equal to the Prime Rate plus three percent (3.00%), which interest shall be payable monthly.

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