Optional Prepayments of Notes. The Company may, at its option, upon notice as provided below, prepay at any time all or part of the Notes in an amount not less than $5 million in aggregate principal amount and integral multiples of $1 million in excess of that amount of the Notes then outstanding in the case of a partial prepayment, at 100% of the principal amount so prepaid, plus accrued and unpaid interest thereon.
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. (a) 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, in an aggregate amount not less than $100,000 in the case of a partial prepayment, at 100% of the principal amount so prepaid, plus accrued interest on such principal amount. The Company will give each holder of Notes written notice of each optional prepayment under this SECTION 7.03 not less than 5 Business Days and not more than 60 business 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.
(b) 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, as nearly as practicable, to the respective unpaid principal amounts thereof not theretofore called for prepayment.
(c) In the case of each prepayment of Notes pursuant to this ARTICLE VII, the principal amount of each Note to be prepaid shall mature and become due and payable on the date fixed for such prepayment, together with interest on such principal amount accrued to such date. From and after such date, unless the Company shall fail to pay such principal amount when so due and payable, together with the interest, as aforesaid, interest on such principal amount shall cease to accrue. Any Note paid or prepaid in full shall be surrendered to the Company and canceled and shall not be reissued, and no Note shall be issued in lieu of any prepaid principal amount of any Note.]
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. In addition to the prepayments required by Section 2.1(a) and Section 2.3, the Company shall have the privilege at any time of prepaying the then outstanding Notes, 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 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.
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.
(b) 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, as nearly as practicable, to the respective unpaid principal amounts thereof not theretofore called for prepayment.
(c) Any Note paid or prepaid in full shall be surrendered to the Company and canceled and shall not be reissued, and no Note shall be issued in lieu of any prepaid principal amount of any Note.
Optional Prepayments of Notes. Section 2.3. Prepayment of Notes upon Change of Control . .
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.
