Prepayment of Revolving Loans. Subject to Section 2.9 hereof, the Authority may prepay any Revolving Loan, in whole or in part, on any Business Day provided at least three (3) days’ written notice is provided by the Authority to the Lender. Each such notice of optional prepayment shall be irrevocable and shall bind the Authority to make such prepayment in accordance with such notice. All prepayments of principal shall include accrued interest to the date of prepayment and all other amounts due pursuant to this Agreement.
Appears in 2 contracts
Samples: Revolving Credit Agreement, Revolving Credit Agreement
Prepayment of Revolving Loans. Subject to Section 2.9 hereof, the The Authority may prepay any Revolving Loan, in whole or in part, on any Business Day an Interest Payment Date, provided at least three (3) days’ written notice is provided by the Authority to the Lender. Each such notice of optional prepayment shall be irrevocable and shall bind the Authority to make such prepayment in accordance with such notice. All prepayments of principal shall include accrued interest to the date of prepayment and all other amounts due pursuant to this Agreement.
Appears in 1 contract
Samples: Revolving Credit Agreement
Prepayment of Revolving Loans. Subject to Section 2.9 hereof, the Authority may prepay any Revolving Loan, in whole or in part, on any Business Day provided at least three (3) days’ written notice is provided by the Authority to the LenderAdministrative Agent. Each such notice of optional prepayment shall be irrevocable and shall bind the Authority to make such prepayment in accordance with such notice. All prepayments of principal shall include accrued interest to the date of prepayment and all other amounts due pursuant to this Agreement.
Appears in 1 contract
Samples: Revolving Credit Agreement