Prepayment of the Advances. Borrower may at any time prepay any Prime Rate Advance or any LIBOR Rate Advance, in full or in part. Each partial prepayment for a LIBOR Rate Advance shall be in an amount not less than One Hundred Thousand Dollars ($100,000). Each prepayment shall be made upon the irrevocable written or telephone notice of Borrower received by Bank not later than 10:00 a.
Appears in 2 contracts
Samples: Loan and Security Agreement (MSC Software Corp), Loan and Security Agreement (Therma Wave Inc)
Prepayment of the Advances. Borrower may at any time prepay any Prime Rate Advance or any LIBOR Rate Advance, in full or in part. Each partial prepayment for a LIBOR Rate Advance shall be in an amount not less than One Hundred Twenty-Five Thousand Dollars ($100,00025,000). Each prepayment shall be made upon the irrevocable written or telephone notice of Borrower received by Bank not later than 10:00 a.
Appears in 2 contracts
Samples: Loan and Security Agreement (N2h2 Inc), Loan and Security Agreement (N2h2 Inc)
Prepayment of the Advances. Borrower Borrowers may at any time prepay any Prime Rate Advance or any LIBOR Rate Advance, in full or in part. Each partial prepayment for a LIBOR Rate Advance shall be in an amount not less than One Hundred Thousand Dollars ($100,000). Each prepayment shall be made upon the irrevocable written or telephone notice of any Borrower received by Bank not later than 10:00 a.
Appears in 1 contract
Samples: Loan and Security Agreement (Maxwell Technologies Inc)
