Other Voluntary Prepayments Sample Clauses

Other Voluntary Prepayments. The Borrower may, upon irrevocable prior notice to the Agent (with a copy to the Finance Company on which the Finance Company may rely as if addressed to it as a Lender hereunder) given not later than noon, New York City time, on or prior to the eighth Business Day preceding the date of such prepayment, prepay the Notes in whole or in part on a pro rata basis (based on outstanding principal amount) on any Interest Payment Date for the Notes being prepaid, and, if in part, in an amount which is equal to $1,000,000.00 or an 42 37 integral multiple of $1,000,000.00. Each partial prepayment of any Notes made pursuant to this Section 3.7 shall be applied to the installments of principal due thereunder in the inverse order of maturity. Except as provided in Section 2.6(b) hereof, such prepayments shall be without premium or penalty; provided that the right to prepay without premium or penalty shall not apply to any amounts declared forthwith due and payable in accordance with Section 7 hereof. All prepayments permitted pursuant to this Section 3.7 shall be made together with payment of accrued interest on the principal amount prepaid, and, to the extent then ascertainable, any other amount payable under this Agreement, the Notes or the Letter Agreement. Without limiting the right of the Borrower to prepay the Notes in the manner and upon the prior notice as provided above in this Section 3.7, the Borrower shall use its best efforts (without incurring any liability additional to that provided for in Section 9.5 hereof) to provide the Agent (and shall provide a copy to the Finance Company on which the Finance Company may rely as if addressed to it as a Lender hereunder) with 30 days' prior written notice of its intention to prepay all or any portion of the Notes pursuant to this Section 3.7.