Optional Prepayment of the Loan Sample Clauses

Optional Prepayment of the Loan. Borrower can prepay the Loan in whole or in part at any time without penalty or premium, except for Breakage Costs resulting from such prepayment. All prepayments received by Administrative Agent under this Section 1.11 will be immediately applied as a prepayment of the Loan pursuant to Section 1.9(b).
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Optional Prepayment of the Loan. The Agency shall have the right to prepay the unpaid principal installments of the Loan at any time.
Optional Prepayment of the Loan. (a) The Borrower shall have the right at any time and from time to time to prepay the Loan in whole or in part without premium or penalty, subject to prior notice in accordance with Section 2.08(b) hereof; provided, that if any prepayment of a LIBOR Loan is made by the Borrower on a date other than on the last day of an Interest Period, the Borrower shall also pay any amount owing pursuant to Section 2.15.
Optional Prepayment of the Loan. The Issuer hereby grants Borrower the option to prepay all or any portion of the Loan in accordance with the terms and conditions of the Bond.
Optional Prepayment of the Loan. Borrower shall have the right to prepay the Loan at any time, in full or in part at a price equal to the Prepayment Price. Payments with respect to the Note made pursuant to SECTION 2.8 shall not constitute optional prepayments of the Loan.
Optional Prepayment of the Loan. Borrower will have the right to prepay the Loan, in whole or in part at any time without penalty or premium, except for LIBOR Breakage Costs resulting from such prepayment. Any such option and prepayment will not reduce or terminate the Maximum Commitment unless Borrower gives notice of its election to do so pursuant to Section 2.2(d).
Optional Prepayment of the Loan. At any time and from time to time, the Borrower shall have the right to prepay the Loan, in whole or in part, without premium or penalty (except as provided in clause (ii) below), upon written notice given to the Bank not later than 11:00 a.m., Charlotte time, one (1) Business Day prior to each intended prepayment of any portion of the Loan that is maintained as a Base Rate Loan, provided that unless made together with all amounts required under Section 2.13 to be paid as a consequence of such prepayment, a prepayment of any portion of the Loan that is a LIBOR Loan may be made only on the last day of the Interest Period applicable thereto.
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Optional Prepayment of the Loan. Upon one (1) Business Day's notice to the Bank, or upon same day notice received by the Bank prior to 12:00 noon (New York time), the Borrower may prepay the Outstanding Amount of the Loan in whole or, from time to time, in part, without premium or penalty, any partial payment to be made in integral multiples of $100,000; provided, however, that any such prepayment shall be applied solely to principal due under the Loan.
Optional Prepayment of the Loan. Borrower may prepay the Loan in whole or in part at any time without penalty or premium; provided that Borrower shall give Administrative Agent not less than 3 Business Days' prior written notice of any such prepayment. All prepayments received by Administrative Agent under this Section 1.12 will be applied in accordance with Section 1.9(a) and 1.10.
Optional Prepayment of the Loan. The Borrower may prepay the Loan, together with any accrued interest in whole or in part, at any time without penalty. The Borrower may make a partial prepayment of the Loan Amount only if the prepayment amount is greater than 10% of the outstanding Loan Amount. NDEQ shall prepare a new Loan Repayment Schedule to revise Attachment A following receipt of any partial prepayment of the Loan.
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