Prepayment Provisions. In addition to or in lieu of the prepayment provisions of Section 7.2 of the Master Lease, the principal portions of the Basic Lease Payments due as provided in Section 6 of this Schedule 2004-1 are subject to the following prepayment provisions:
Prepayment Provisions. (a) The following definitions apply:
Prepayment Provisions. (a) This Note may not be prepaid in whole or in part at any time, except as follows:
(i) This Note may be prepaid to the extent that casualty insurance proceeds or condemnation awards with respect to the Property are applied to the Debt in accordance with the Loan Documents, and, provided that there is no Event of Default under the Loan Documents, any such prepayments will be without premium. Unless Lender elects otherwise in its sole discretion, partial prepayments of Principal resulting from the application of such proceeds or awards to the Debt shall not reduce the amounts of subsequent monthly installments nor change the dates on which such installments are due (the effect of which may be to cause the Debt to repaid earlier than the Maturity Date).
(ii) Provided that there is no Event of Default under the Loan Documents, commencing with the first day of the thirteenth (13th) month of the Term and ending on the last day of the thirty-sixth (36th) month of the Term, if NBI is the subject of a merger or acquisition, then at the time of such merger or acquisition this Note may be prepaid in full, but not in part, upon 60 days prior notice to Lender and upon payment in full of the Debt, which will include payment of the Prepayment Premium, calculated as of the date of the prepayment, plus all other costs incurred by Lender in connection with the prepayment; provided, however, that such 60-day prior notice may specify a one calendar-week period during which the prepayment will occur, if such notice is followed by a second notice to Lender, received by Lender not later than ten days before the first Business Day of such week, which specifies the Business Day during such week on which prepayment will occur (and if such second notice is not timely received by Lender, the first Business Day of such week shall be deemed xx xx the date designated by Borrower for the prepayment).
(iii) Provided that there is no Event of Default under the Loan Documents, this Note may be prepaid in full, but not in part, upon and as a condition to the occurrence of a Transfer in the circumstances set forth in SECTION 12.2(C)(I) of the Deed of Trust and upon payment in full of the Debt, which will include payment of the Prepayment Premium, calculated as of the date of the prepayment, plus all other costs incurred by Lender in connection with the prepayment.
(iv) Provided there is no Event of Default under the Loan Documents, this Note may be prepaid in full but not in part, without p...
Prepayment Provisions. This Note may be prepaid in whole or in part at any time prior to the Maturity Date, without penalty, so long as all accrued interest is paid in shares of common stock AEC as determined in Section 3 above with the date of payment (as such term is defined in Section 7 hereof) being substituted for the Maturity Date in making the calculation of the number of shares to be delivered to the Holder by the Company.
Prepayment Provisions. This Note is subject to prepayment conditions as described in the attached Prepayment Rider of even date which is incorporated herein by reference.
Prepayment Provisions. This Note may be prepaid in whole or in part at any time prior to the Maturity Date, without penalty. Any payment shall be applied as provided in Section 3. The Company further agrees that in the event that the Company does a subsequent debt or equity financing for United States Five Million and 00/100 Dollars (USD $5,000,000.00) or greater before the Maturity Date, the Company will repay the Note plus accrued interest from the proceeds of that financing.
Prepayment Provisions. This Note may be prepaid, in whole or in part, at any time and without
Prepayment Provisions. Paragraph 6 of the Note is hereby amended and restated in its entirety to read as follows:
"a. Except as specifically provided herein, Maker shall not be permitted to prepay the Loan; provided, however, Maker may prepay the Loan, in full, at any time after the Second Amendment Effective Date, provided that no default or event of default shall have occurred and be continuing under the Note or any other Loan Document, upon ninety (90) days prior written notice to Holder, which notice shall specify the date of any prepayment, and payment to Holder of the entire outstanding balance of the Loan plus a prepayment premium equal to the amount obtained by subtracting the amount of the principal balance of the Loan to be prepaid on the date of such tender of payment from the amount obtained by calculating the present value of the remaining principal and interest payments scheduled to have been made in accordance with the terms of the Note, using a discount rate (compounded quarterly) which is equal to 100 basis points plus the percent per annum of the Treasury Constant Maturities having a maturity date closest in time to November 30, 2006 ("Treasury Yield") as such interest rate is reported in The Federal Reserve Statistical Release G13(415) or its successor publication most recently released prior to the date of tender of payment. The prepayment premium shall in no event be less than zero. No partial prepayments shall be allowed except as provided in Paragraph 6(b) hereof.
Prepayment Provisions. The Borrower may at any time and from time to time prepay all or any part of the principal amount of this Note without premium at a price equal to the principal amount so prepaid, together with all unpaid interest in respect thereof accrued to the prepayment date.
Prepayment Provisions. The Loan may be prepaid in whole or in part at any time without penalty. Prepayment of Loan does not release Borrower from conditions and limitations placed on the Property under the XXXX or this Contract.
