Prepayment; Prepayment Premium Sample Clauses

Prepayment; Prepayment Premium. This Note is subject to prepayment as specified in the Funding Loan Agreement. Prepayment Premium shall be payable as specified in the Funding Loan Agreement.
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Prepayment; Prepayment Premium. The Company may prepay or redeem the entire balance of the Notes, in whole or in part, subject to the payment of the Premium, but without any other premium or penalty.
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Prepayment; Prepayment Premium. 2.2.2.1 Section 2.2.7.2 of 1994 Loan Agreement is hereby deleted and of no further force or effect.
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Prepayment; Prepayment Premium. Except as otherwise provided herein, the Borrowers may, in their discretion, prepay the principal balance of the Term Loan B Advances in whole at any time or from time to time in part, provided that the Borrower (i) provides the Bank with at least 30 days prior written notice of its intention to prepay the Term Loan B Advances, and (ii) pays the Bank a prepayment premium equal to (1) three percent (3.0%) of the outstanding Term Loan B Advances as of the date of such notice if such prepayment is to occur on or before April 1, 2000, (2) two percent (2.0%) of the outstanding balance of the Term Loan B Advances as of the date of such notice if such prepayment is to occur after April 1, 2000, but before April 1, 2002, or (3) one percent (1.0%) of the outstanding balance of the Term Loan B Advances as of the date of such notice if such prepayment is to occur after April 1, 2002, but prior to the Term Loan B Maturity Date; provided, however, that the prepayment premium shall only be due and payable in the event that, and to the extent that, the prepayment is made with proceeds of debt provided by another financial institution; provided, further, that the prepayment premium shall not be due and payable upon refinancing by another financial institution, in the case where such refinancing is solely the result of the Bank's decision not to renew the revolving credit facility.
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Prepayment; Prepayment Premium 
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Related to Prepayment; Prepayment Premium

  • Prepayment Prepayment of the Notes to be prepaid pursuant to this Section 8.7 shall be at 100% of the principal amount of such Notes, together with accrued and unpaid interest on such Notes accrued to the date of prepayment but without any Make-Whole Amount. The prepayment shall be made on the Change in Control Proposed Prepayment Date, except as provided by Section 8.7(f).

  • Prepayment of Loan So long as ECOLOGY shall hold this loan, the RECIPIENT may prepay the entire unpaid principal balance of and accrued interest on the loan or any portion of the remaining unpaid principal balance of the Loan Amount . Any prepayments on the loan shall be applied first to any accrued interest due and then to the outstanding principal balance of the Loan Amount. If the RECIPIENT elects to prepay the entire remaining unpaid balance and accrued interest, the RECIPIENT shall first contact ECOLOGY’s Revenue/Receivable Manager of the Fiscal Office.

  • Prepayment Penalty Each Mortgage Loan that is subject to a Prepayment Penalty as provided in the related Mortgage Note is identified on the related Mortgage Loan Schedule. With respect to each Mortgage Loan that has a Prepayment Penalty feature, each such Prepayment Penalty is enforceable and will be enforced by the Seller during the period the Seller is acting as Interim Servicer for the benefit of the Purchaser, and each Prepayment Penalty is permitted pursuant to federal, state and local law. Each such Prepayment Penalty is in an amount not more than the maximum amount permitted under applicable law and no such Prepayment Penalty may be imposed for a term in excess of five (5) years with respect to Mortgage Loans originated prior to October, 1, 2002. With respect to Mortgage Loans originated on or after October 1, 2002, the duration of the Prepayment Penalty period shall not exceed three (3) years from the date of the Mortgage Note unless the Mortgage Loan was modified to reduce the Prepayment Penalty period to no more than three (3) years from the date of the related Mortgage Note and the Mortgagor was notified in writing of such reduction in Prepayment Penalty period. With respect to any Mortgage Loan that contains a provision permitting imposition of a premium upon a prepayment prior to maturity: (i) prior to the Mortgage Loan's origination, the Mortgagor agreed to such premium in exchange for a monetary benefit, including but not limited to a rate or fee reduction, (ii) prior to the Mortgage Loan's origination, the Mortgagor was offered the option of obtaining a mortgage loan that did not require payment of such a premium, and (iii) the Prepayment Penalty is disclosed to the Mortgagor in the mortgage loan documents pursuant to applicable state, local and federal law. This representation and warranty is a Deemed Material and Adverse Representation;

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