Prepayment of Senior Notes. Prepay, redeem or defease any of the Senior Notes prior to their scheduled maturity; provided, however, that Borrower may prepay the Senior Notes in accordance with Section 3.09 of the Current Indenture if (a) such prepayment occurs within sixty (60) days after delivery to Bank of Borrower’s financial statements and Covenant Compliance Report for the applicable fiscal year pursuant to Sections 7.1(a) and (c), (b) at the time of such payment and after giving effect thereto (i) no Default or Event of Default shall exist, and (ii) the principal balance of the Note is $0.
Prepayment of Senior Notes. Xxxxxx agrees that effective upon consummation of the Public Offering and pursuant to Section 7 of the Senior Notes, the Company shall prepay all $10.0 million aggregate principal amount of the Senior Notes. Xxxxxx acknowledges that immediately following the Public Offering, the Company shall pay Xxxxxx the aggregate principal amount of such Senior Notes, plus accrued interest thereon to the date of prepayment (but not including the date of prepayment), by wire transfer of funds to the account designated in writing by Xxxxxx to the Secretary of the Company. Xxxxxx acknowledges that the Senior Notes shall be marked "paid in full" by the Company following such prepayment hereunder.
Prepayment of Senior Notes. The Senior Notes will be payable by the Company prior to the Senior Note Maturity Date as follows (all prepayments made by the Company to the Senior Note holders under this Agreement shall be made by wire transfer of immediately available funds in the lawful currency of the United States without setoff or withholding of any kind):
Prepayment of Senior Notes. If a Prepayment Request has been made by Parent, following the latest to occur of the satisfaction of the conditions set forth in Section 6.1(a), Section 6.1(b) and Section 6.1(e) (the "Prepayment Notice Date"), the Company shall have provided no later than one (1) Business Day following the Prepayment Notice Date the Prepayment Notice and the prepayment notice period set forth in the Prepayment Notice shall have elapsed, unless the Notes may otherwise by prepaid at an earlier date. If Parent has waived the condition set forth in this Section 6.2(f) prior to date that would otherwise be the Prepayment Notice Date, then all references in this Article VI to "Prepayment Notice Date" shall be deemed to read "Closing Date".
Prepayment of Senior Notes. The Borrower will not, nor will it permit any of its Subsidiaries to, purchase, redeem, retire or otherwise acquire for value, or set apart any money for a sinking, defeasance or other analogous fund for the purchase, redemption, retirement or other acquisition of, or make any voluntary payment or prepayment of the principal of or interest on, or any other amount owing in respect of, any of the Senior Notes, except for payments of principal and interest required to be made in respect of the Senior Notes in accordance with the terms thereof as in effect on the date hereof (or as originally in effect, in the case of any Senior Notes issued after the date hereof).
Prepayment of Senior Notes. The Administrative Agent shall have received evidence satisfactory to the Administrative Agent that the Senior Notes have been prepaid in full (including all principal, interest, fees, premiums and other amounts due under the Senior Notes) and the obligations of the Credit Parties and their Subsidiaries under the Senior Note Purchase Documents have been terminated.
Prepayment of Senior Notes. The Borrower shall not make any voluntary prepayment, purchase, repurchase, redemption or defeasance with respect to all or any portion of the Senior Notes (collectively, a “Senior Note Payment”), unless (i) immediately before and after giving effect to any such Senior Note Prepayment, there exists no Default and (ii) immediately after giving effect to any such Senior Note Prepayment, Availability is at least $20,000,000.
Prepayment of Senior Notes. Borrower shall prepay any principal, interest or other amounts owing under any of the Senior Notes.
Prepayment of Senior Notes. Valhi hereby acknowledges and consents to the Company's withdrawal from the Distributable Cash Collateral Account (as such term is defined in the Note Purchase Agreements), on or before March 31, 2003, the amount of $8,333,333 plus any required Make-Whole Amount (as such term is defined in the Note Purchase Agreements) for the sole purpose of prepaying the Senior Notes pursuant to Section 8.2 of the Note Purchase Agreements, provided, however, that for purposes of such prepayment, (i) the percentage "1.00%" in the definition of "Reinvestment Yield" in Section 8.6 of the Note Purchase Agreements shall be deemed changed to "4.00%" and (ii) such prepayment shall be applied to the last scheduled principal payment on the Senior Notes.
Prepayment of Senior Notes. Neither ADL nor any of its -------------------------- Subsidiaries shall make any prepayment of any amount due under the Note Purchase Agreement other than any regularly scheduled prepayment or any mandatory prepayment as set forth in the Note Purchase Agreement as of the date hereof; provided, however, that the Borrowers may make such payment if simultaneously -------- ------- therewith, it prepays a proportionate amount of the outstanding Obligations hereunder, such that of the aggregate prepayments made, the Lender Share thereof is applied to the outstanding Obligations hereunder and the Senior Note Share thereof is applied to the Senior Notes.
