Prepaid Interest. The Company shall prepay the interest payable under the Notes for the first two (2) years on the Closing Date in such amount set forth opposite such Buyer’s name in column (6) of the Schedule of Buyers (for each such Buyer, its “Prepaid Interest”) which Prepaid Interest shall be nonrefundable.
Prepaid Interest. The Company shall prepay a portion of interest payable under the Notes in an amount that is set forth opposite such Buyer's name in column (6) of the Schedule of Buyers (for each Buyer, its "Prepaid Interest"), which Prepaid Interest shall be nonrefundable.
Prepaid Interest. So long as no Event of Default and no event which with the passage of time and/or the giving of notice would constitute a default hereunder or under any other Loan Documents shall have occurred, Lender shall credit Borrower from Prepaid Interest to the extent of amounts not so credited for payments of interest under the Note, it being understood, however, that the Prepaid Interest does not in any way limit Borrower’s obligations to make payments of interest under the Note after the Prepaid Interest has been exhausted Any amounts not so credited from Prepaid Interest on the Maturity Date shall be credited to the payment of the Loan, and any remaining Prepaid Interest after payment in full of the Loan shall be disbursed to Borrower. Upon an Event of Default, the Lender may credit to the extent of amounts not so credited from the Prepaid Interest any amounts then due hereunder and under the Loan Documents.
Prepaid Interest. You may request to prepay interest on all, or part, of your amount owing for a period of six or 12 months, (or such longer periods as ANZ may agree). If you do this and ANZ agrees that you can prepay interest, ANZ will calculate the aggregate amount of interest to be prepaid. If ANZ agrees that you can prepay interest, that interest is due for payment on the date specified by ANZ. You understand that ANZ can specify a minimum loan amount for prepayment. Any questions? Call 0000 000 000 ANZ Margin Lending – Terms and Conditions, p.7
Prepaid Interest. If you repay all or any part of a prepaid interest loan, ANZ is not obliged to refund to you any of the prepaid interest on that loan and you may be required to pay any break costs associated with repaying the prepaid interest loan.
Prepaid Interest. The Prepaid Interest in the amount of $60,833.34 (to be withheld from the proceeds of the Loan) will be retained by Lender for the purpose of prepaying interest under the Loan for the initial three (3) months of the Loan term. In the event that the Loan is prepaid by Borrower on or prior to the end of such three (3) month period, the balance of the Prepaid Interest will be retained by Lender as a prepayment premium. In no event will any portion of the Prepaid Interest be disbursed to Borrower.
Prepaid Interest. The Company shall prepay the interest payable under the New Notes through the Maturity Date (as defined in the New Notes) on the Closing Date which shall be an amount equal to $641,775 for all of the New Notes (the “Prepaid Interest”), which Prepaid Interest shall be nonrefundable.
Prepaid Interest. The Borrowers shall have paid the anticipated amount of interest which shall accrue on the Acquisition Loan from the date of funding through the end of the month in which such Acquisition Loan is funded.
Prepaid Interest. The Company shall prepay the interest payable under the Notes through the second anniversary of the Closing Date in such amount set forth opposite such Buyer’s name in column (6) of the Schedule of Buyers (for each such Buyer, its “Prepaid Interest”) which Prepaid Interest shall be nonrefundable.
Prepaid Interest. The parties acknowledge that ADGE has prepaid all of the interest on the Notes. The calculation of the number of EuroSite Shares being exchanged is a fraction, (i) the numerator of which is the principal amount of the Notes being exchanged minus the amount of prepaid interest on such Notes from the proposed date of the Prior Agreement until the scheduled maturity thereof, (ii) and the denominator of which is the price per share indicated on the signature page. For clarity, the number of EuroSite Shares to be issued is calculated at approximately 90% of the stated principal amount of the Notes.
