Permitted Prepayments. Except as set forth in Section 3.3(d), the Borrowers may prepay, without penalty or premium, not later than 12:00 noon (Cleveland, Ohio time): (i) in the case of any LIBOR Loan, upon at least three (3) Banking Days’ notice to the Agent prior to the date fixed for such prepayment; and (ii) in the case of any Prime Rate Loan, upon notice to the Agent not later than 12:00 noon (Cleveland, Ohio time) on the date fixed for such prepayment, in each case stating the proposed date and aggregate principal amount of the prepayment, and, upon such notice, shall prepay the outstanding aggregate principal amount of the Revolving Credit Loans comprising part of the same Revolving Credit Borrowing in whole or ratably in part, together with accrued interest to the date of such prepayment on the principal amount prepaid; provided, however, that (A) each partial prepayment of LIBOR Loans shall be in an aggregate principal amount of Three Million Dollars ($3,000,000) or additional increments of One Million Dollars ($1,000,000) in excess thereof, and (B) each partial prepayment of Prime Rate Loans shall be in an aggregate principal amount of Five Hundred Thousand Dollars ($500,000) or additional increments of One Hundred Thousand Dollars ($100,000) in excess thereof. Any prepayment of any LIBOR Loans made on other than the last day of an Interest Period shall obligate the Borrowers to reimburse the Lenders in respect thereof pursuant to Section 3.3(d). Upon receipt by the Agent of a notice pursuant to this Section 3.3(b), the Agent shall promptly forward a copy of such notice, by telecopier or email in the case of a prepayment of LIBOR Loans comprising Revolving Credit Borrowing, to each of the Lenders.
Permitted Prepayments. The Borrower may at any time make a prepayment of all or a portion of the principal amount of the Note then outstanding (a "Permitted Prepayment") at a
Permitted Prepayments. The Borrower may prepay all or any part of Revolving Credit Loans by giving notice to the Agent for the account of the Banks stating the proposed date of prepayment, the Type of Borrowing being prepaid and the aggregate principal amount of the prepayment not later than 12:00 noon (Cleveland, Ohio time) on the Business Day immediately preceding the Business Day on which such prepayment is to be made. Upon such notice, the Borrower shall: (A) in respect of Alternate Base Rate Loans comprising part of the same Revolving Credit Borrowing, prepay the outstanding aggregate principal amount thereof in whole or ratably in part and (B) in respect of LIBOR Rate Loans comprising part of the same Revolving Credit Borrowing, prepay the outstanding aggregate principal amount thereof in whole and the interest accrued to the date of such prepayment on the principal amount of such Borrowing so prepaid; provided, however, that: (I) each partial prepayment of Alternate Base Rate Loans shall be (x) in an aggregate principal amount of One Hundred Thousand Dollars ($100,000) or any multiple thereof or (y) in an amount equal to the aggregate principal amount of Alternate Base Rate Loans then outstanding, (II) each partial prepayment of LIBOR Rate Loans shall be (a) in an aggregate principal amount not less than One Million Dollars ($1,000,000), or an integral multiple of One Hundred Thousand Dollars ($100,000) in excess thereof or (b) in an amount equal to the aggregate principal amount of LIBOR Rate Loans then outstanding, and (III) any prepayment of any LIBOR Rate Loans made on other than the last day of an Interest Period shall obligate the Borrower to reimburse the Bank in respect thereof pursuant to Section 0 of this Agreement.
Permitted Prepayments. 18 Section 3.3 Place of Payment or Prepayment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 SECTION 4 APPLICATION OF PROCEEDS. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 Section 4.1 Use of Proceeds. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19
Permitted Prepayments. Any time and from time to time:
Permitted Prepayments. (a) The principal balance of the Note may not be prepaid in whole or in part except as otherwise expressly permitted in this Agreement.
Permitted Prepayments. 23 (f) Extension of Commitment Period....................................................... 23 2.7 Rate Conversion and Rate Continuation......................................................... 24 2.8
Permitted Prepayments. Provided Maker is not in default under this Note or under any other document relating to or executed in connection with this Note (collectively, the "Documents"), the principal amount of this Note or any other amounts owed under this Note at any time, and from time to time, may be prepaid in whole or in part, together with interest accrued thereon to the date of such prepayment, without premium, upon not less than ten (10) days' prior written notice to the Holder at the place of payment designated above.
Permitted Prepayments. Borrowers shall not prepay the Loan in full or in part at any time except as permitted by and in accordance with this Section 2.7(a).
Permitted Prepayments. The Maker may, upon at least thirty (30) days' notice to the Holder, stating the proposed date of the prepayment, which date shall be only upon the last day of the then current Interest Period (the "Noticed Prepayment Date") and the portion of the Principal Balance that will be prepaid (the "Prepayment Amount"), and, if such notice is given, the Maker shall on the Noticed Prepayment Date, prepay the Prepayment Amount, in whole and not in part, together with accrued interest to the date of such prepayment.
