Optional Prepayment of Notes. Upon the agreement of the Company and the Required Purchasers, the Company may prepay to Purchasers, the outstanding principal amount of the Notes in whole or in part in multiples of $5,000, or such lesser amount as is then outstanding, plus the accrued interest to the date set for prepayment:
Optional Prepayment of Notes. (a) Subject to the terms of this Section 3.3(a), commencing on June 1, 2006, the Company may prepay the outstanding principal amount of the Notes in whole or in part in multiples of $100,000, or such lesser amount as is then outstanding, at any time at a price equal to the principal amount so prepaid, plus (i) any accrued and unpaid interest on the amount prepaid to the date set for prepayment, plus (ii) in the event prepayment occurs on or prior to May 31, 2008, a prepayment fee, representing the amortization of certain of the Purchasers' costs incurred in connection with the purchase of the Notes, equal to the principal amount prepaid multiplied by the following percentage: If Prepaid During the 12-Month Period From: Percentage June 1, 2006 through May 31, 2007 5.50% June 1, 2007 through May 31, 2008 2.75% thereafter 0%
Optional Prepayment of Notes. The Company may, at its option, without notice, penalty, premium or fee, prepay at any time all, or from time to time any part of, the Notes at 100% of the principal amount so prepaid, plus accrued and unpaid interest on such principal amount. In the case of each partial prepayment of the Notes, the principal amount of the Notes to be prepaid shall be allocated among all of the Notes at the time outstanding in proportion to the respective unpaid principal amounts thereof.
Optional Prepayment of Notes. The Company may at any time, upon notice as provided in Section 8.3 hereof, prepay the Notes, in whole or in part (in a minimum principal amount of $10,000,000 and otherwise in multiples of $50,000), at the principal amount being so prepaid, together with interest accrued on such principal amount being prepaid to the date of such prepayment, plus the applicable Make-Whole Premium (if any) for each such Note.
Optional Prepayment of Notes. The Issuer may, from time to time, make an optional Prepayment of principal of the Notes of a Series at the times, in the amounts and subject to the conditions and limitations set forth in the Supplement for the Series of Notes to be prepaid, and all amounts due under the Interest Rate Hedge Agreements (including any termination payments) required solely pursuant to the related Supplement.
Optional Prepayment of Notes. The Company shall have the right at its option at any time to prepay the outstanding principal and accrued and unpaid interest on the Notes, in whole or in part, without premium or penalty; provided that the Company notifies the affected Purchasers of the date that it intends to make payment on the Note not less than five (5) Business Days prior to such date. Any prepayment of the Notes shall be accompanied by the interest accrued and unpaid on the prepaid principal amount. Notice of prepayment having been so given, the aggregate principal amount of the Notes specified in such notice, together with accrued interest thereon and the premium, if any, shall become due and payable on the prepayment date set forth in such notice.
Optional Prepayment of Notes. Subject to the terms of this Section 3.2, the Company may prepay the outstanding principal amount of the Notes in whole or in part at any time at a price equal to (1) the accrued interest, if any, to the date set for prepayment, plus (2) a prepayment fee representing the amortization of certain of Purchaser's costs incurred in connection with the purchase of the Notes equal to the principal amount prepaid multiplied by the following percentage: If Prepaid During the 12 Month Period Ending on October 31 of the Following Years: Percentage --------------------------- ---------- 2000 5% 2001 4% 2002 3% 2003 2% 2004 1% Any prepayment must be in integer multiples of $250,000 (or such lesser principal amount then outstanding under all of the Notes). All such prepayments shall be applied ratably to the applicable Notes, first to the remaining principal payments due on the Tranche A Notes in inverse order of maturity and then to the remaining principal payments due on the Tranche B Notes in inverse order of maturity, after application of prepayment to any prepayment premium payable in connection therewith.
Optional Prepayment of Notes. Subject to the terms of this Section 3.5, the Loan Parties may prepay to Agent, for the ratable benefit of Purchasers, the outstanding principal amount of the Senior Term Notes and the Subordinated Notes in whole or in part in multiples of $250,000, or such lesser amount as is then outstanding, at any time at a price equal to (i) the accrued interest, if any, to the date set for prepayment, plus (ii) in the case of the Subordinated Notes, a prepayment fee representing the amortization of certain of Purchasers’ costs incurred in connection with the purchase of the Subordinated Notes equal to the principal amount prepaid thereon multiplied by the following percentage: If Prepaid During the 12-Month Period Ending on May 24 of the Following Years: Percentage 2005 5% 2006 4% 2007 3% 2008 2% 2009 and Thereafter 1% provided, however, that no prepayment shall be applied to (a) the Subordinated Notes so long as the Senior Term Notes remain outstanding and (b) to the Junior Subordinated Notes so long as the Senior Subordinated Notes remain outstanding. All such prepayments shall (A) be applied by Agent to the outstanding principal in the inverse order of maturity after application of such prepayment to any accrued interest and prepayment premium payable in connection therewith and (B) in connection with the Senior Term Loans, shall be applied first to the Senior Term Loan A and second, so long as no Senior Term A Notes remain outstanding, to the Senior Term Loan B, and third, so long as no Senior Term B Notes remain outstanding, to the Senior Term Loan C.
Optional Prepayment of Notes. Subject to any terms as may be set forth in an Intercreditor Agreement from time to time, on and after the second (2nd) anniversary of the Closing Date the Company shall have the right at any time and from time to time, upon the notice provided for below, to prepay the Note in whole or in part (and, if prepaid in part, in a minimum amount of $500,000). In the event of an optional prepayment made under this Section 2.2, the Company shall give Investor written notice of such prepayment not less than 30 nor more than 60 days prior to the prepayment date, specifying (i) such prepayment date, (ii) the principal amount of the Note to be prepaid on such date, and (iii) the accrued interest applicable to the prepayment, and stating that such prepayment is to be made pursuant to this Section 2.2. The price of the Note payable upon an optional prepayment pursuant to this Section 2.2 shall be an amount, as determined on the date of prepayment, equal to (x) the then-outstanding principal amount of the Note being redeemed multiplied by (y) the applicable price percentage set forth below, as such amount may be reduced by Investor, plus (z) all accrued and unpaid interest on the principal redeemed: Prepayment
Optional Prepayment of Notes. Subject to the terms of this Section 3.3, the Loan Parties may prepay to Agent, for the ratable benefit of Purchasers, the outstanding principal amount of the Notes in whole or in part in multiples of $500,000, or such lesser amount as is then outstanding, at any time at a price equal to (a) the accrued interest, if any, to the date set for prepayment, plus (b) a prepayment fee representing the amortization of certain of Purchasers’ costs incurred in connection with the purchase of the Notes equal to the principal amount prepaid multiplied by the following percentage: If Prepaid During the 12-Month Period Ending on March 30th of the Following Years: Percentage 2005 5% 2006 4% 2007 3% 2008 2% 2009 and thereafter 0% All such prepayments shall be applied by Agent to the outstanding principal of the Notes after application of such prepayment to any accrued interest and prepayment premium payable in connection therewith. Anything herein contained to the contrary notwithstanding, the Agent, in its sole and absolute discretion, may require all or any portion of voluntary prepayments made by the Loan Parties to be applied to the principal balance of US Note and any related obligations prior to the application thereof to the Canadian Note and related Canadian obligations.
