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:
(b) Subject to the terms of this Section 3.3(b), the Company may prepay with the net proceeds from one or more sales or issuances of any capital stock of the Company the outstanding principal amount of the Notes at any time prior to the third (3rd) anniversary of the Closing Date 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) a prepayment fee equal to the principal amount prepaid multiplied by twelve percent (12.0%); provided that the aggregate principal amount prepaid under this Section 3.3(b) shall not exceed thirty-five percent (35%) of the original principal amount of the Notes.
(c) In the case of a partial prepayment of the Notes pursuant to Section 3.3(a) or (b), such prepayment shall be applied ratably to the Notes outstanding at the time of such prepayment, in accordance with the outstanding principal amounts thereof.
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 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. 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. 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. (i) The Notes shall be subject to prepayment, on any Business Day after the date hereof, in whole at any time or from time to time in part (in integral multiples of $1,000,000), at the option of the Company, at 100% of the principal amount so prepaid, plus interest thereon to the prepayment date and the Yield Maintenance Amount, if any, with respect to each Note so prepaid. Any partial prepayment of the Notes pursuant to this paragraph 4B(1) shall be applied in satisfaction of required prepayments of principal under paragraph 4A in inverse order of their scheduled due dates.
(ii) The Company shall give the holder of each Note irrevocable written notice of any prepayment pursuant to this paragraph 4B(1) not less than ten Business Days prior to the prepayment date, specifying such prepayment date and the principal amount of the Notes, and of the Notes held by such holder, to be prepaid on such date and stating that such prepayment is to be made pursuant to this paragraph 4B(1). 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, with respect thereto, 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 this paragraph 4B(1), give telephonic notice of the principal amount of the Notes to be prepaid and the prepayment date to each holder which shall have designated a recipient of such notices in the Purchaser Schedule attached hereto or by notice in writing to the Company. On the Business Day preceding the date of prepayment the Company shall deliver to each holder of Notes being prepaid a statement showing the Yield Maintenance Amount due in connection with such prepayment and setting forth the details of the computation of such amount.
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: 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. Upon at least three business days= prior written or telegraphic notice to the Lenders, the Company may at its option prepay the Notes in whole at any time or in part from time to time without penalty or premium. Each optional prepayment of the Notes shall be applied to the outstanding Notes in the inverse order of maturity, pro rata in accordance with each Lender's Share. Each partial prepayment pursuant to this Section 2(a) on the Notes shall be in the aggregate principal amount of $10,000 or an integral multiple thereof and shall be accompanied by the payment of accrued interest on the amount of such prepayment to the date thereof.
