Common use of Permitted Prepayment of Loans Clause in Contracts

Permitted Prepayment of Loans. Borrower shall have the option to prepay any 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 five (5) days prior to such prepayment, and (ii) pays, on the date of such prepayment (A) all outstanding principal plus accrued interest, (B) the Final Payment plus (C) all other sums, if any, that shall have become due and payable pursuant to the terns hereof, including interest at the Default Rate with respect to any past due amounts.

Permitted Prepayment of Loans. Borrower shall have the option to prepay any 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 five thirty (530) days prior to such prepayment, and (ii) pays, on the date of such prepayment (A) all outstanding principal plus accrued interest, (B) the Final Payment plus (C) all other sums, if any, that shall have become due and payable pursuant to the terns hereofpayable, including interest at the Default Rate with respect to any past due amounts.

Permitted Prepayment of Loans. Borrower shall have the option to prepay any 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 five thirty (530) days prior to such prepayment, and (ii) pays, on the date of such prepayment (A) all outstanding principal plus accrued interest, plus (B) the Final Payment plus (C) all other sums, if any, that shall have become due and payable pursuant to the terns hereofpayable, including interest at the Default Rate with respect to any past due amounts.

Permitted Prepayment of Loans. Borrower shall have the option to prepay any all, but not less then 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 five (5) days prior to such prepayment, and (ii) pays, on the date of such prepayment (A) all outstanding principal plus accrued interest, (B) the Final Payment plus (C) all other sums, if any, that shall have become due and payable pursuant with respect to the terns hereofsuch Equipment Advances, including interest at the Default Rate from the date of such Event of Default with respect to any past due amounts.