Common use of Permitted Prepayment of Term Loan Clause in Contracts

Permitted Prepayment of Term Loan. Borrowers shall have the option to prepay all, but not less than all, of the Term Loan advanced by Bank under this Agreement, provided Borrowers (A) provides written notice to Bank of its election to prepay the Term Loan at least five (5) Business Days prior to such prepayment, and (B) pays to Bank on the date of such prepayment, payable to Bank, an amount equal to the sum of (1) all outstanding principal of the Term Loan plus accrued and unpaid interest thereon through the prepayment date, (2) the Final Payment, (3) the Prepayment Fee, plus (4) all other Obligations that are due and payable, including Bank’s Expenses and interest at the Default Rate with respect to any past due amounts.

Permitted Prepayment of Term Loan. Borrowers Borrower shall have the option to prepay all, but not less than all, of the Term Loan advanced by Bank under this Agreement, provided Borrowers Borrower (Ai) provides written notice to Bank of its election to prepay the Term Loan at least five thirty (530) Business Days days prior to such prepayment, and (Bii) pays to the Bank on the date of such prepayment, payable to Bank, prepayment an amount equal to the sum of (1A) all outstanding principal of the Term Loan plus accrued and unpaid interest thereon through the prepayment date, (2B) the Final Payment, (3C) the Prepayment Fee, plus (4D) all other Obligations that are due and payable, including Bank’s Expenses and interest at the Default Rate with respect to any past due amounts.

Permitted Prepayment of Term Loan. Borrowers Borrower shall have the option to prepay all, but not less than all, of the Term Loan advanced by Bank under this Agreement, provided Borrowers Borrower (Ai) provides written notice to Bank of its election to prepay the Term Loan at least five thirty (530) Business Days days prior to such prepayment, and (Bii) pays to Bank on the date of such prepayment, payable to Bank, an amount equal to the sum of (1A) all outstanding principal of the Term Loan plus accrued and unpaid interest thereon through the prepayment date, (2B) the Final Payment, (3C) the Prepayment Fee, plus (4D) all other Obligations that are due and payable, including Bank’s Expenses and interest at the Default Rate with respect to any past due amounts.

Permitted Prepayment of Term Loan. Borrowers Borrower shall have the option to prepay all, but not less than all, all or any part of the Term Loan advanced by Bank under this AgreementLoan, provided Borrowers Borrower (Ai) provides written notice to Bank of its election to prepay the Term Loan at least five thirty (530) Business Days days prior to such prepayment, and (Bii) pays to Bank on the date of such prepayment, payable to Bank, prepayment an amount equal to the sum of (1A) all outstanding principal of the Term Loan subject to prepayment, plus accrued and unpaid interest thereon through the prepayment date, (2B) the Final Payment, (3C) the Prepayment Fee, plus (4D) all other Obligations that are due and payable, including Bank’s Bank Expenses and interest at the Default Rate with respect to any past due amounts.