Common use of Optional Prepayment of Principal Clause in Contracts

Optional Prepayment of Principal. Borrower may prepay principal, with accrued interest, at any time and the amount of principal so prepaid shall be available for further Draws by Borrower during the Draw Period to the extent that the prepayment of principal was not required under paragraph (c) of this Section 1.

Appears in 11 contracts

Samples: Revolving Line of Credit Agreement (Biotime Inc), Revolving Line of Credit Agreement (Biotime Inc), Revolving Line of Credit Agreement (Biotime Inc)

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Optional Prepayment of Principal. Borrower may prepay principal, with accrued interest, at any time and the amount of principal so prepaid shall be available for further Draws by Borrower during the Draw Period to the extent that the prepayment of principal was not required under paragraph (c) of this Section 1Period.

Appears in 2 contracts

Samples: Revolving Line of Credit Agreement (Biotime Inc), Revolving Line of Credit Agreement (Biotime Inc)

Optional Prepayment of Principal. Borrower may prepay principal, with accrued interest, at any time and the amount of principal so prepaid shall be available for further Draws by Borrower during the Draw Period to the extent that the prepayment of principal was not required under paragraph (c) of this Section 1.. 1

Appears in 1 contract

Samples: Revolving Line of Credit Agreement (Biotime Inc)

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Optional Prepayment of Principal. Borrower may prepay principal, with accrued interest, at any time and the amount of principal so prepaid shall be available for further Draws by Borrower during the Draw Period to the extent that the prepayment of principal was not required under paragraph (c) of this Section 13.2.

Appears in 1 contract

Samples: Revolving Line of Credit Agreement (Biotime Inc)

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