Optional Prepayment with Premium. In addition to the payments required by SECTION 2.1, upon compliance with SECTION 2.3 the Company shall have the privilege, at any time and from time to time, of prepaying the outstanding Notes, either in whole or in part (but if in part then in a minimum principal amount of $1,000,000) and ratably among the Series A Notes and the Series B Notes by payment of the principal amount of the Notes, or portion thereof to be prepaid, and accrued interest thereon to the date of such prepayment, together with a premium equal to the Make-Whole Amount, determined as of two Business Days prior to the date of such prepayment pursuant to this SECTION 2.2.
Appears in 1 contract
Samples: Note Agreement (Allied Capital Corp)
Optional Prepayment with Premium. In addition to the payments required by SECTION §2.1, upon compliance with SECTION §2.3 the Company shall have the privilege, at any time and from time to time, of prepaying the outstanding Notes, either in whole or in part (but if in part then in a minimum principal amount of $1,000,000) and ratably among the Series A Notes and the Series B Notes by payment of the principal amount of the Notes, or portion thereof to be prepaid, and accrued interest thereon to the date of such prepayment, together with a premium Premium equal to the Make-Whole Amount, determined as of two Business Days prior to the date of such prepayment pursuant to this SECTION §2.2.
Appears in 1 contract
Samples: Note Agreement (Allied Capital Corp)
Optional Prepayment with Premium. In addition to the payments required by SECTION Section 2.1, upon compliance with SECTION 2.3 Section 2.3, the Company shall have the privilege, at any time and from time to timetime on any interest payment date on or after March 1, 2006 of prepaying the outstanding Notes, either in whole or in part (but if in part then in a minimum principal amount of $1,000,000) and ratably among the Series A Notes and the Series B Notes ), by payment of the principal amount of the Notes, or portion thereof to be prepaid, and accrued interest thereon to the date of such prepayment, together with a premium equal to the Make-Whole AmountAmount (as defined in Section 5.2), determined as of two Business Days business days prior to the date of such prepayment pursuant to this SECTION Section 2.2.
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Samples: Loan Agreement (Pennichuck Corp)
Optional Prepayment with Premium. In addition to the payments required by SECTION Section 2.1, upon compliance with SECTION Section 2.3 the Company shall have the privilege, at any time and from time to time, of prepaying the outstanding Notes, either in whole or in part (but if in part then in a minimum principal amount of $1,000,000) and ratably among the Series A Notes, Series B Notes and the Series B C Notes by payment of the principal amount of the Notes, or portion thereof to be prepaid, and accrued interest thereon to the date of such prepayment, together with a premium equal to the Make-Whole Amount, determined as of two Business Days prior to the date of such prepayment pursuant to this SECTION Section 2.2.
Appears in 1 contract
Samples: Note Agreement (Allied Capital Corp)
Optional Prepayment with Premium. (a) In addition to the payments required by SECTION 2.1, upon compliance with SECTION 2.3 the Company shall have the privilege, at any time and from time to time, of prepaying the outstanding Series A Notes, either in whole or in part (but if in part then in a minimum principal amount of $1,000,000) and ratably among the Series A Notes and the Series B Notes by payment of the principal amount of the Series A Notes, or portion thereof to be prepaid, and accrued interest thereon to the date of such prepayment, together with a premium equal to the Series A Make-Whole Amount, determined as of two Business Days prior to the date of such prepayment pursuant to this SECTION 2.2.
Appears in 1 contract
Samples: Note Agreement (Allied Capital Corp)