Common use of No Early Redemption or Prepayment Clause in Contracts

No Early Redemption or Prepayment. Except pursuant to Sections 5.3 and 5.4, the Borrowers shall not be permitted to redeem or repay the Note prior to the Maturity Date without the prior written consent of the Holders holding more than fifty percent (50%) of the aggregate unpaid principal amount outstanding under the Notes.

Appears in 6 contracts

Samples: Securities Purchase Agreement (MedMen Enterprises, Inc.), Securities Purchase Agreement (MedMen Enterprises, Inc.), Securities Purchase Agreement and Notes (MedMen Enterprises, Inc.)

AutoNDA by SimpleDocs

No Early Redemption or Prepayment. Except pursuant to Sections 5.3 5.2 and 5.45.3, the Borrowers shall not be permitted to redeem or repay the Note prior to the Maturity Date without the prior written consent of the Holders holding more than fifty percent (50%) of the aggregate unpaid principal amount outstanding under the Notes.

Appears in 5 contracts

Samples: Securities Purchase Agreement (MedMen Enterprises, Inc.), Securities Purchase Agreement (MedMen Enterprises, Inc.), Securities Purchase Agreement (MedMen Enterprises, Inc.)

No Early Redemption or Prepayment. Except pursuant to Sections 5.3 and 5.4, the Borrowers shall not be permitted to redeem or repay the Note prior to the Maturity Date without the prior written consent of all the Holders holding more than fifty percent (50%) of the aggregate unpaid principal amount outstanding under the NotesHolders.

Appears in 2 contracts

Samples: Securities Purchase Agreement (4Front Ventures Corp.), Securities Purchase Agreement

AutoNDA by SimpleDocs

No Early Redemption or Prepayment. Except pursuant to Sections 5.3 and 5.4, the Borrowers shall not be permitted to redeem or repay the Note prior to the Maturity Date without the prior written consent of the Holders holding more than fifty percent (50%) of the aggregate unpaid principal amount outstanding under the NotesLender.

Appears in 2 contracts

Samples: Securities Purchase Agreement (4Front Ventures Corp.), Securities Purchase Agreement (Cannex Capital Holdings Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!