Notice of Prepayment Event Sample Clauses

Notice of Prepayment Event. Immediately after receipt of Net Proceeds from any Prepayment Event, the Company shall give written notice thereof to each holder of the Notes and offer to prepay Notes in an amount equal to the Noteholder Portion of such Net Proceeds pursuant to this paragraph 4E; provided that, in the case of any event described in clause (a) or (b) of the definition of the term “Prepayment Event,” (x) an offer to prepay Notes shall only be required to the extent the aggregate Net Proceeds relating to all such Prepayment Events exceeds $1,000,000 in any fiscal year (and thereafter only Net Proceeds relating to such Prepayment Events in excess of such amount) and (y) if the Company shall deliver to the holders of the Notes a certificate of a Financial Officer to the effect that the Company or its relevant Subsidiaries intend to apply the Net Proceeds from such event (or a portion thereof specified in such certificate), within 180 days after receipt of such Net Proceeds, to acquire (or replace or rebuild) real property, equipment or other tangible assets (excluding inventory) to be used in the business of the Company and/or its Subsidiaries, and certifying that no Default or Event of Default has occurred and is continuing, then no offer to prepay shall be required pursuant to this paragraph 4E in respect of the Net Proceeds specified in such certificate; provided further, to the extent of any such Net Proceeds therefrom that have not been so applied by the end of such 180-day period, an offer to prepay shall be required by no later than the last day of such 180-day period in an amount equal to the Noteholder Portion of such Net Proceeds that have not been so applied. Any notice required by this paragraph 4E(1) shall contain and constitute an offer to prepay the Notes as described in paragraph 4E(2) and shall be accompanied by the certificate described in paragraph 4E(5).
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Notice of Prepayment Event. Upon the occurrence of a Prepayment Event, the Province shall give written notice immediately after becoming aware thereof to the Trustee and the Argentine Collateral Agent.
Notice of Prepayment Event. The Company shall deliver promptly (but in any event within 72 hours after the occurrence of a Prepayment Event) a notice of the occurrence of a Prepayment Event (the "PREPAYMENT EVENT NOTICE"), which shall be delivered by courier, facsimile or express mail to the Holders of the Notes, at the Holders' addresses as they appear on the transfer books of the Company.
Notice of Prepayment Event. Within two Business Days after receipt of Net Cash Proceeds from any Asset Disposition which Net Cash Proceeds are in excess of $4,000,000 in the aggregate for all such Asset Dispositions in any Fiscal Year, the Company shall give written notice thereof to each holder of the Notes and offer to prepay Notes in an amount equal to the Noteholder Portion of such excess Net Cash Proceeds pursuant to this paragraph 4E. Such notice shall contain and constitute an offer to prepay the Notes as described in paragraph 4E(2) and shall be accompanied by the certificate described in paragraph 4E(5).

Related to Notice of Prepayment Event

  • Notice of Optional Prepayment The Company shall give the holder of each Note of a Series to be prepaid pursuant to paragraph 4C irrevocable written notice of such prepayment not less than 10 Business Days prior to the prepayment date, specifying such prepayment date, the aggregate principal amount of the Notes of such Series to be prepaid on such date, the principal amount of the Notes of such Series held by such holder to be prepaid on that date and that such prepayment is to be made pursuant to paragraph 4C. Notice of prepayment having been given as aforesaid, the principal amount of the Notes specified in such notice, together with interest thereon to the prepayment date and together with the Yield-Maintenance Amount, if any, herein provided, shall become due and payable on such prepayment date. The Company shall, on or before the day on which it gives written notice of any prepayment pursuant to paragraph 4C, give telephonic notice of the principal amount of the Notes to be prepaid and the prepayment date to each Significant Holder which shall have designated a recipient for such notices in the Purchaser Schedule attached hereto or the applicable Confirmation of Acceptance or by notice in writing to the Company.

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