No Voluntary Prepayment. The Company shall not, directly or indirectly or through any Subsidiary, purchase, redeem or otherwise retire or acquire, prior to the respective stated final maturities thereof, the whole or any part of any Class A Notes except out of the net cash proceeds of a substantially concurrent issue or sale of Class B Stock or Class C Stock, provided, however, that (i) the Company may prepay the Class A Notes in an amount not to exceed $1,000,000 in the fiscal year of the Company ending December 31, 2003 if, after giving effect to such prepayment under this clause (i), no Default or Event of Default shall have occurred and be continuing; (ii) the Company may prepay the Class A Notes on or after December 15, 2003 in an amount not to exceed $52,553,329 with funds including the proceeds of a substantially simultaneous issue of $50,000,000 of trust preferred securities, if, after giving effect to such prepayment under clause (i) and this clause (ii), no Default or Event of Default shall have occurred and be continuing; (iii) the Company may make annual prepayments of the Class A Notes in its fiscal years 2004 through 2009, each in the amount of no more than $2,500,000, if, after giving effect to such prepayment under clauses (i) and (ii) and this clause (iii), no Default or Event of Default shall have occurred and be continuing; (iv) the Company may prepay the Class A Notes on or about December 31, 2010, in an amount not to exceed $23,989,000, with funds that may include the proceeds of a substantially simultaneous issue of Subordinated Debt or trust preferred securities, if after giving effect to such prepayment under clauses (i), (ii), (iii) and this clause (iv), no Default or Event of Default shall have occurred and be continuing; and (v) the Company may make annual prepayments of the Class A Notes in its fiscal years 2011 through 2019, in the amount of no more than $5,000,000 in fiscal year 2011 and increasing by 10% in each succeeding fiscal year, if, after if after giving effect to such prepayments under clauses (i), (ii), (iii), (iv) and this clause (v), no Default or Event of Default shall have occurred and be continuing.
No Voluntary Prepayment. Voluntary prepayment of the Loan is prohibited during the Prepayment Lockout Period. After the Prepayment Lockout Period, prepayment of the Loan is permitted in full only, and not in part. Subject to the foregoing, on and after the Open Period Start Date, Borrower may prepay the Loan without incurring any prepayment charge or premium.
No Voluntary Prepayment. Except for a prepayment initiated by Lessee under Article V, VII or XIV of the Lease, or Section 6.16 or 8.4 hereof or Section 2.5(a)(viii) of the Construction Agency Agreement, Lessor may not prepay the Lease Balance or any portion thereof. Any prepayment allowed pursuant to the terms of the Operative Documents shall include the payment of the Interest Component of the related Commercial Paper Notes (Conduit) and all accrued and unpaid interest on the HSFC Loans.
No Voluntary Prepayment. The Company shall not, directly or indirectly or through any Subsidiary, purchase, redeem or otherwise retire or acquire, prior to the respective stated maturities thereof, the whole or any part of any Class A Notes except out of the net cash proceeds of a substantially concurrent issue or sale of Class B Stock or Class C Stock.
No Voluntary Prepayment. The Company may not optionally prepay all or any portion of the outstanding principal amount of this Note or any accrued and unpaid interest thereon.
No Voluntary Prepayment. Borrowers shall not be entitled to pay all or any portion of the DIP Loans at any time prior to the Maturity Date.
No Voluntary Prepayment. The Company may not optionally prepay all or any portion of the outstanding principal amount of the Loans or any accrued and unpaid interest thereon.
No Voluntary Prepayment. Owner may not voluntarily repay or prepay the Cash Assistance, in whole or in part, at any time prior to the end of the Compliance Period.
No Voluntary Prepayment. The Borrower may not prepay the Advances, in whole or in part, except pursuant to Section 2.5(a) herein.
No Voluntary Prepayment. The Company may not prepay this Bond in whole or in part prior to the Maturity Date.
