Premature Repayment. Prepay any loan availed by it from any other party for the project without prior written approval of the Lender, which may be granted subject to such conditions as may be stipulated by the Lender.
Premature Repayment. 1. For export fund loan deferred payment finance (includes technology fund loan, technology finance and foreign investment related loans), to repay the loan before the expiry date, the details must be discussed with the bank 30 days before the planned repayment date.
Premature Repayment. (i) Any prepayment of the Loan shall be subject to payment of prepayment premium at the rate of 2 % (two percent) per annum of the pre-paid principal amount. Provided that no prepayment premium shall be payable by the Borrower, if the prepayment is at instance of the Lender or if the Borrower opts to prepay the entire outstanding of the Loan and other monies within 90 (ninety) days from the date of advise of the increase in the Spread on interest rest dates and after serving due notice upon the Lender.
Premature Repayment. The Borrower shall not prepay the outstanding principal amounts of the Loan in full or in part, before the due dates and except after obtaining the prior written approval of the IREDA which may be granted subject to such conditions as the IREDA may deem fit including payment of premia for such prepayment.
Premature Repayment. Should any event defined as a Default occur, the Bank may, by serving a notice on the Client:
Premature Repayment. The Customer shall have the right at any time to repay all or part of the Credit principal in use prematurely, at no additional cost. If the Customer repays the entire Credit principal in use prematurely, the Customer must notify the Creditor of the repayment date of the entire Credit, and the Creditor shall calculate the interest under the agreement by that date and notify the Customer of the interest. The Creditor will also real costs related to contract, these fees are Customer identification fee and customer credit check fee and which are in total of 6,87 euros.
Premature Repayment. Prepay any loan availed of by it from any other party. If for any reason, the Borrower is required to prepay any loan, it shall make proportionate prepayment to IREDA as well as subject to such conditions as may be stipulated by IREDA ;
Premature Repayment. The Borrower at its sole discretion may (partially) repay the outstanding Loans prematurely on 31 December 2017, provided that (i) the total principal amount of such premature repayment shall not exceed 50% of the aggregate Principal Amount of all Loans (disbursed and not repaid at such point in time): and (ii) any such early repayment must be made to all Lenders pro rata to the Principal Amounts of their Loans (disbursed and not repaid at such point in time); and provided further that the Borrower’s management has resolved to repay and has notified each Lender in text form of its intention to repay the Loans prematurely, stating the amount to be repaid, no later than on 30 September 2017. For the avoidance of doubt: there shall be no obligation on the Borrower to repay any of the Loans prematurely, and the Borrower shall at its free discretion be entitled to repay the Loans prior to such Loans’ respective Maturity Dates in accordance with this section 2.2. In case of a premature repayment of a Loan pursuant to this section 2.2, the Borrower shall be obliged to pay to the respective Lender a prepayment penalty (a “Prepayment Penalty”) amounting (i) in case of Loans of Type A as set forth in Annex 1.1: to 1.5 % of the prematurely repaid Principal Amount of the respective disbursed Loan, and (ii) in case of Loans of Type B as set forth in Annex 1.1 to 4 % of the prematurely repaid Principal Amount of the respective disbursed Loan. Except as set forth in the preceding sentence, no Lender shall be entitled to any break costs or prepayment penalties for a premature repayment of its/his Loan in accordance with this section 2.2. 2.3 Repayment in Case of Non-Acquisition of Shares in Samadhi SAS. The Borrower intends to use the Loans for the acquisition of shares in Samadhi SAS that operates the internet platform AttractiveWorld. The Parties agree that in the event that no binding agreement relating to the acquisition of shares in Samadhi SAS by the Borrower has been concluded prior to the lapse of 15 November 2016. the Borrower shall be entitled in its sole discretion to terminate this Loan Agreement and to repay all Loans (disbursed and outstanding at such point in time) at any time prior to the lapse of 30 November 2016. provided that such repayment must comprise 100 % of the Principal Amount of all Loans (disbursed and not repaid at such point in time) and all accrued and unpaid interest thereon. If the Borrower wishes to exercise its repayment rights within th...
Premature Repayment. Any prepayment of the term loan will be subject to payment of prepayment premium @ 2% p.a. of the pre-paid principal. Provided that no pre-payment premium would be payable to IDBI, if • the interest spread is increased on interest reset dates and the same is not acceptable to the company, the company shall have the option to prepay the outstanding debt within 90 days of receipt of interest reset advice from IDBI. • the prepayment is at the instance of IDBI.
Premature Repayment. The Company shall have no right to redeem the outstanding Debentures in full or in part before the end of 3 years from the date of allotment of Debentures. In case the Debenture Holders agree to accept premature repayment which shall, however, be entirely at the sole discretion of the Debenture Holders, the acceptance shall be subject to such terms and conditions including payment of premium, if any, as may be stipulated by the Debenture Holders in this behalf. In case the Company intends to redeem the Debentures after 3 years from the date of allotment of Debentures, prior notice of 3 months to the Corporation shall be given subject to such terms and conditions including payment of premium, if any, as may be stipulated by the Debenture Holders in this behalf.
