Common use of Permitted Prepayment of Equipment Advances Clause in Contracts

Permitted Prepayment of Equipment Advances. Borrower shall have the option to prepay all, but not less than all, of the Equipment Advances advanced by Bank under this Agreement, provided Borrower (i) provides written notice to Bank of its election to prepay the Equipment Advances at least ten (10) days prior to such prepayment, and (ii) pays, on the date of such prepayment (A) all outstanding principal plus accrued and unpaid interest, (B) the Prepayment Premium, plus (C) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts.

Permitted Prepayment of Equipment Advances. Borrower shall have the option to prepay all, but not less than all, of the any such Equipment Advances Advance advanced by Bank under this Agreement, provided Borrower (i) provides delivers written notice to Bank of its election to prepay the such Equipment Advances Advance at least ten (10) days prior to such prepayment, and (ii) pays, on the date of such prepayment (A) all outstanding principal plus accrued and unpaid interest, (B) the Prepayment PremiumFinal Payment, plus and (C) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts, with respect to such Equipment Advance.

Permitted Prepayment of Equipment Advances. Borrower shall have the option to prepay all, but not less than all, of the Equipment Advances advanced by Bank Lenders under this Agreement, provided Borrower (i) provides written notice to Bank Collateral Agent of its election to prepay the all such Equipment Advances at least ten (10) days prior to such prepayment, and (ii) pays, on the date of such prepayment (A) all outstanding principal plus accrued and unpaid interest, (B) the Prepayment PremiumFee, (C) the Final Payment, plus (CD) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts.