Prepayments of Principal. The following provisions apply in respect of prepayment of the Loans by the Company:
Prepayments of Principal. (a) Except as otherwise specifically provided in this Article 3, the Borrower shall have no right to preay the principal amount of any Advance or any portion thereof.
Prepayments of Principal. (a) The Borrower may carry out prepayments of the principal amount of the Loan, prior irrevocable written notice delivered to the Lender within 5 (five) Business Days prior to the date in which the prepayment will be done, the amount paid shall be decreased from the outstanding amount of the Loan, applying the amortization which will be due before, and successively. The Borrower may not use (dispose) the amounts prepaid.
Prepayments of Principal. 30 2.10 Time and Place of Payments.............................32 2.11
Prepayments of Principal. 6 Section 2.4 Time and Place of Payments....................................7 Section 2.5 Application of Funds..........................................7 Section 2.6 Payments to be Free of Deductions.............................7
Prepayments of Principal. Borrower, at its option, subject to the limitations contained in the Loan Documents and the payment of any applicable Prepayment Premium as set forth in the Loan Documents and the payment of accrued interest to the date of prepayment, may prepay, all or part of the principal this Note. All such prepayments shall be applied in the inverse order of maturity without suspension of regularly scheduled payments due under this Note. This Note is secured by a mortgage and associated security agreements dated April 19, 1993, as modified, ("Mortgage") and the terms and conditions of the Mortgage are incorporated herein by reference and Lender is entitled to the benefits thereof. The holder of this Note may enforce the agreements of Borrower contained in the Loan Documents and Mortgage and may exercise the remedies provided for therein or otherwise available at law or in equity. Upon the occurrence of an event of default as described in the Loan Documents or the Mortgage, any principal amounts advanced under the Note, interest accrued thereon, and other charges due hereunder or under the Loan Documents, may be declared to be immediately due and payable as provided in the Loan Documents. This Note may be enforced in any court or other tribunal having jurisdiction over the subject matter hereof, and Borrower shall pay to the holder hereof on demand such amounts in United States dollars as shall be sufficient to pay the enforcement costs and expenses of such holder, including, without limitation, reasonable attorney's fees and expenses, including those attorney's fees and expenses incurred on appeal or in the event the holder takes actions to protects its interest hereunder in proceedings in bankruptcy. As used herein, attorney's fees shall include a separate award for paralegal or legal assistant's fees. Such costs, expenses and attorney's fees shall become part of the indebtedness secured by the Mortgage and shall draw interest from the date incurred until paid at the applicable Default Rate of interest provided in the Loan Documents. No reference herein to the Loan Documents and no provision of this Note or the Loan Documents shall alter or impair the obligation of Borrower, which is absolute and unconditional, to pay the principal of and interest (and any default interest rate or other charges due) on this Note as provided herein. Borrower shall be in default under this Note upon the happening of any of the following events, circumstances or conditions; namely:
Prepayments of Principal. Section 2.9(b) of the Credit Agreement is hereby amended to delete the last sentence thereof in its entirety, which prior to the Fourth Amendment reads as follows: "Borrower shall have no right to prepay Term Loan II, unless Borrower shall have prepaid in full Term Loan I and terminated the Revolving Credit Commitment, in which event Term Loan II shall be prepaid in full and without premium or penalty applicable to Term Loan II."
Prepayments of Principal. The following provisions apply in respect of prepayment of the Loans, other than Swing Line Loans, by any Borrower:
Prepayments of Principal. Use of Proceeds. All references to "the Xxxxxxxxx Acquisition" in Sections 2.9(d) and 2.13 of the Credit Agreement are hereby amended to read "the Landmaster Acquisition or the Weed Wizard Acquisition".
Prepayments of Principal
