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Common use of Principal Payment Dates Clause in Contracts

Principal Payment Dates. Subject to the Subordination Provisions, payments of the principal amount of this Company Note shall be made as follows: (a) The principal amount of this Company Note shall be reduced by an amount equal to each payment deemed made pursuant to Section 3.3 of the Purchase and Sale Agreement; and (b) The entire principal amount of this Company Note shall be paid on the Final Maturity Date. Subject to the Subordination Provisions, the principal amount of and accrued interest on this Company Note may be prepaid by, and in the sole discretion of the Company, on any Business Day without premium or penalty.

Appears in 7 contracts

Samples: Master Framework Agreement (Vistra Corp.), Purchase and Sale Agreement (Vistra Corp.), Purchase and Sale Agreement (Vistra Corp.)

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Principal Payment Dates. Subject to the Subordination ProvisionsProvisions set forth below, payments of the principal amount of this Company Note shall be made as follows: (a) The principal amount of this Company Note shall be reduced by an amount equal to each payment deemed made pursuant to Section 3.3 3.3(c) of the Purchase and Sale Agreement; and (b) The entire principal amount of this Company Note shall be paid on the Final Maturity Date. Subject to the Subordination ProvisionsProvisions set forth below, the principal amount of and accrued interest on this Company Note may be prepaid by, and in the sole discretion of the Company, on any Business Day without premium or penalty.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Cincinnati Bell Inc)

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Principal Payment Dates. Subject to the Subordination ProvisionsProvisions set forth below, payments of the principal amount of this Company Note shall be made as follows: (a) The principal amount of this Company Note shall be reduced by an amount equal to each payment deemed made pursuant to Section 3.3 of the Purchase and Sale Agreement; and (b) The entire principal amount of this Company Note shall be paid on the Final Maturity Date. Subject to the Subordination ProvisionsProvisions set forth below, the principal amount of and accrued interest on this Company Note may be prepaid by, and in the sole discretion of the Company, on any Business Day without premium or penalty.

Appears in 1 contract

Samples: Purchase and Sale Agreement (VWR Funding, Inc.)

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