Prepayment of Advance. 5.1.1 No Borrower may repay all or any part of the Advances except at the times and in the manner expressly provided for in this Agreement. All prepayments under this Agreement shall be irrevocable.
Prepayment of Advance. Borrower may prepay all, but not less than all, of the outstanding Advance during the first year following the Effective Date (or any subsequent year pursuant to a Junior Capital Issuance), after giving by 10:00 a.m. (Dallas, Texas time) at least three Business Days’ irrevocable prior written notice to the Administrative Agent stating the proposed date of such prepayment. If any such notice is given, the Borrower shall prepay the Advance in its entirety by delivering to the Administrative Agent an amount equal to 101% of the amount of the Advance, together with accrued interest to the date of such prepayment on the principal amount prepaid and amounts, if any, required to be paid pursuant to Section 2.09 as a result of such prepayment being made on such date.
Prepayment of Advance. (a) Upon at least 30 days’ prior written notice to the Lender (unless otherwise waived by the Lender), the Town may prepay, in whole or in part, the outstanding principal component of the Installment Payments on any date at a prepayment price equal to 100% of the principal component of the Installment Payments to be prepaid, plus accrued interest thereon to the prepayment date.
Prepayment of Advance. (a) Prior to July 22, 2020, the County may prepay or provide prepayment of the principal component of the Installment Payments outstanding in whole or in part at its option at any time upon giving the Bank not less than 3 days written notice thereof, on payment of the 102% of the principal component of the Installment Payments to be prepaid, interest accrued to the prepayment date.
Prepayment of Advance. (a) The County may prepay or provide for the prepayment of the outstanding Amount Advanced in whole or in part at any time at a prepayment price equal to 100% of the amount to be prepaid, plus accrued interest thereon to the date of such prepayment, on not less than 30 days’ prior written notice of such prepayment to the Bank by electronic mail, confirmed by first-class mail, postage prepaid.
Prepayment of Advance. This sub-clause applies if the Borrower is obliged to repay the Loan Amount or any part of it under this Clause, Clause 11.1 or Clause 24.2. In this event the Borrower agrees to pay on the date repayment is due interest accrued on the Loan Amount (or the amount to be repaid) up to that date. If the date of repayment of an Advance is due is not the last day of its Term, the Borrower will reimburse each affected Lender for the losses and expenses that Lender has incurred, or will incur, as a result. These losses and expenses may include those incurred in liquidating or otherwise utilising amounts borrowed by the Lender to fund that Advance. They may also include losses and expenses incurred in hedging open positions resulting from the repayment.
Prepayment of Advance. Borrower may not prepay any Advance during the first year following the Effective Date. During the second year following the Effective Date, Borrower may prepay any Advance, after giving by 10:00 a.m. (Dallas, Texas time) at least three Business Days’ irrevocable prior written notice to the Administrative Agent stating the proposed date and aggregate principal amount of such prepayment. If any such notice is given, the Borrower shall prepay the Advance by delivering to the Administrative an amount equal to 101% of the portion of the Advance Borrower wishes to prepay, in whole or ratably in part in an aggregate principal amount equal to the amount specified in such notice, together with accrued interest to the date of such prepayment on the principal amount prepaid and amounts, if any, required to be paid pursuant to Section 2.09 as a result of such prepayment being made on such date; provided, however, that each partial prepayment shall be made in an aggregate principal amount of at least $500,000 and in integral multiples of $100,000 in excess thereof, and in an aggregate principal amount such that after giving effect thereto any Advance shall have a remaining principal amount outstanding with respect to any Advance of at least $500,000. After the second year following the Effective Date, full prepayments of any Advance are permitted without restriction of amounts and without being subject to any prepayment premium, but are subject to any amount required to be paid pursuant to Section 2.09.
Prepayment of Advance. This is not a demand loan, and subject to the rights of the Lenders under Section 6.1 if an Event of Default shall have occurred and be continuing, no Lender shall have any right to demand payment of the principal hereof prior to the Maturity Date.
Prepayment of Advance
