Optional Prepayments of Notes. (a) 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, in an amount not less than $75,000 in the case of a partial prepayment, at 100% of the principal amount so prepaid, plus accrued interest on such principal amount.
Optional Prepayments of Notes. Subject to the provisions of ----------------------------- Section 6, the Company may, at its option, prepay all or, from time to time, part of the principal amount of the Notes, without penalty or premium, together with interest on the principal amount so prepaid accrued to (but not including) the date fixed for such prepayment.
Optional Prepayments of Notes. At any time, after the Initial Closing, the Company may, at its option, upon notice as provided below, prepay all, or from time to time, any part of, the Notes. In the event of an optional prepayment by the Company, all Notes shall be treated alike such that prepayment in full shall mean the prepayment of all of the Notes then outstanding and a partial prepayment shall be applied pro rata to all Notes then outstanding. The Company will give the Purchasers written notice of each optional prepayment under this Section 6.3 not less than 30 days prior to the date fixed for such prepayment. Each such notice shall specify such date, the aggregate principal amount of the Notes to be prepaid on such date and the interest to be paid on the prepayment date with respect to such principal amount being prepaid. Notwithstanding any election by the Company to prepay the Notes, the Holders thereof may, on or before the close of business on the Business Day prior to the date set for prepayment in the prepayment notice, elect to convert the Notes pursuant to their terms.
Optional Prepayments of Notes. The Issuer may, from time to time, prepay the principal amount owing under the Notes, so long as: (A) Issuer shall have provided at least fifteen (15) Business Days prior written notice to the applicable Purchasers of such prepayment and with delivery to the Purchasers of an appropriately completed Payment Notification (which notice, once given, shall be irrevocable but may be conditioned on the consummation of other transactions), (B) such prepayment shall be accompanied by the payment of any Make-Whole Amount set forth in the applicable Note, (C) the Equity Conditions (as defined in the Note) are met during each Business Day of such fifteen (15) Business Day notice period, and (D) the Issuer have waived the restriction on transfer set forth in Section 3(f) under the Notes.
Optional Prepayments of Notes with Make-Whole Amount. The Company may, at its option, upon notice as provided below, prepay at any time all, or from time to time any part of, the Notes, on a pro rata basis in respect of all Notes outstanding at such time, in an amount not less than 5% of the aggregate principal amount of the Notes then outstanding in the case of a partial prepayment, at 100% of the principal amount so prepaid and accrued interest thereon to the date of prepayment, plus the Make-Whole Amount determined for the prepayment date with respect to the principal amount of Notes being so prepaid. The Company will give each holder of Notes to be prepaid under this Section 8.2 written notice of such optional prepayment not less than 30 days and not more than 60 days prior to the date fixed for such prepayment (which shall be a Business Day). Each such notice shall specify such date, the aggregate principal amount the Notes to be prepaid on such date, the principal amount of each Note held by such holder to be prepaid (determined in accordance with Section 8.3), and the interest to be paid on the prepayment date with respect to such principal amount being prepaid, and shall be accompanied by a certificate of a Senior Financial Officer as to the estimated Make-Whole Amount due in connection with such prepayment (calculated as if the date of such notice were the date of the prepayment), setting forth the details of such computation. Two Business Days prior to such prepayment, the Company shall deliver to each holder of a Note to be optionally prepaid under this Section 8.2 a certificate of a Senior Financial Officer specifying the calculation of the Make-Whole Amount in respect of such Notes as of the specified prepayment date. For the purposes of avoidance of doubt, the Company may effect multiple partial prepayments of the Notes pursuant to, and in accordance with the terms of, this Section 8.2.
Optional Prepayments of Notes. . . 3 Section 2.3. Prepayment of Notes upon Change of Control . . . . 3 Section 2.4.
Optional Prepayments of Notes. In addition to the prepayments required by Section 2.1(a) and (b) and Section 2.3, the Company shall have the privilege at any time of prepaying the then outstanding Notes of both Series, either in whole or in part (but if in part then in units of $100,000 in the aggregate or an integral multiple of $10,000 in the aggregate in excess thereof) by payment of the principal amount of the Notes of both Series and accrued interest thereon to the date of such prepayment, together with an amount equal to the then applicable Make-Whole Amount, determined as of three business days prior to the date of such prepayment pursuant to this Section 2.2. Any such prepayment shall be pro rata between each Series.
Optional Prepayments of Notes. 3 Section 2.3. Place and Application of Payments......................................................4 Section 2.4.
Optional Prepayments of Notes. Upon compliance with this SS.2.2 and subject to SS.7, the Company shall have the privilege, at any time from and after the date on which all of the Obligations outstanding under the Credit Loan Documents shall have been paid in full and all commitments to extend credit thereunder shall have terminated or expired, of prepaying the outstanding Notes in whole and not in part, by payment of the aggregate unpaid principal amount of the outstanding Notes (at par) and accrued interest thereon to the date of such prepayment and without any premium or make-whole amount.
Optional Prepayments of Notes. During any period when no Default or Event of Default exists or would be caused by an optional prepayment of Notes, the Obligors may, at their option, upon notice as provided below, prepay at any time all, or from time to time any part of, the Notes, in an amount not less than $1,000,000 in the case of a partial prepayment (or such lesser amount as shall be required to effect a partial prepayment resulting from a prepayment pursuant to Section 10.5), at 100% of the principal amount so prepaid, plus accrued and unpaid interest, plus the Make-Whole Amount, if any, determined for the prepayment date with respect to such principal amount.
