Common use of Mandatory Prepayments of Principal Clause in Contracts

Mandatory Prepayments of Principal. The Principal balance of this Note, and all accrued and unpaid Interest hereunder, may be required to be prepaid during the existence of any Event of Default. In addition, all or a portion of the Principal balance of this Note shall be required to be prepaid as and to the extent provided in Section 2.5 of the Credit Agreement. Any prepayment made pursuant to this clause (b) shall be subject to the terms of the Credit Agreement, including, without limitation, Section 2.2(b) of the Credit Agreement

Appears in 6 contracts

Samples: Primo Water Corp, Primo Water Corp, Primo Water Corp

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