Provisions Relating to Prepayment. (i) Notice of prepayment having been given and not revoked as aforesaid, the principal amount of the Notes so to be prepaid, plus accrued interest thereon to the date of prepayment, together with the Break Amount and Additional Costs, if any, herein provided, shall become due and payable on the prepayment date.
Provisions Relating to Prepayment. (a) No prepayment of any unpaid principal amount of the Loan Certificates may be made except to the extent and in the manner expressly provided in this Security Agreement.
Provisions Relating to Prepayment. (a) The Owner ---------------------------------- Trustee shall have no right to prepay the principal amount of the Certificates, in whole or in part, except as permitted by Section 2.11. Any such prepayment effected pursuant to Section 2.11(a) shall be made by the Owner Trustee only on a date coincident with an Interest Payment Date and upon at least 60 calendar days' prior irrevocable written notice to the Indenture Trustee and the Certificate Holders. Notice of prepayment having been given as aforesaid, the principal amount TRUST INDENTURE of the Certificates so to be prepaid, plus accrued interest thereon to the date of prepayment, together with the Premium Amount, if any, herein provided, shall become due and payable on the prepayment date.
Provisions Relating to Prepayment. (a) The Owner --------------------------------- Trustee shall have no right to prepay the principal amount of the Equipment Notes, in whole or in part, or purchase the Equipment Notes except as permitted by Sections 2.10, 2.11, 2.12 and 2.14. Any such prepayment shall, except as otherwise expressly provided in this Indenture, Section 13.01 of the Participation Agreement or Section 13(b) of the Lease, as the case may be, be made by the Owner Trustee only on a date coincident with a Termination Date and upon notice to the Indenture Trustee, the Noteholders and the Lessee provided for in Section 2.10 or in Section 8(a)(ii) or 14(a) of the Lease, as the case may be. Notice of prepayment having been given as aforesaid, the principal amount of the Equipment Notes so to be prepaid, plus accrued interest thereon to the date of prepayment, together with the Breakage Cost, if any, if required to be paid as herein provided, shall become due and payable on the prepayment date; provided, however, with respect to any prepayment under Section 2.10(b), if any -------- ------- applicable notice of termination is timely revoked (or if the Lease does not in fact so terminate) pursuant to Section 14 of the Lease or if all amounts due and payable pursuant to Section 8(a)(ii), 13(b) or 14(a) of the Lease, or Section 13.01 of the Participation Agreement, as the case may be, are not paid or the refinancing is not consummated pursuant to Section 13.01 of the Participation Agreement, or if the Lessee assumes the Owner Trustee's obligations under the Equipment Notes and this Indenture pursuant to and in accordance with Section 5.10 of the Participation Agreement, then the principal amount of the Equipment Notes shall not be deemed to have been due and no Breakage Cost, if any, shall be payable as a result thereof but the Breakage Cost, if any, incurred by any Noteholder resulting from the Indenture Trustee receiving notice of such failure to pay less than three Business Days prior to the scheduled prepayment date (together with any resulting costs associated with any rehedging deemed necessary by such Noteholder) shall be payable as a result thereof.
Provisions Relating to Prepayment. (a) Notice of prepayment --------------------------------- having been given and not revoked as aforesaid, the principal amount of the Loan Certificates so to be prepaid, plus accrued interest thereon to the date of prepayment, together with, in the case of the Senior Loan Participants, the Break Amount, if any, shall become due and payable on the prepayment date.
Provisions Relating to Prepayment. (a) Notice of prepayment having been given as aforesaid, the principal amount of the Loan Certificates so to be prepaid, plus accrued interest thereon to the date of prepayment, together with all Swap Breakage Loss, if any, LIBOR Breakage, if any, any Prepayment Fee (if applicable), shall become due and payable on the relevant prepayment date.
Provisions Relating to Prepayment. (a) In connection with any prepayment to be made pursuant to Section 5.10 above, the principal amount of the Loan Certificate so to be prepaid, plus accrued interest thereon to the date of prepayment, together with the Break Amount, if any, shall become due and payable on the applicable prepayment date.
Provisions Relating to Prepayment. (a) Borrower shall have no right to prepay the principal amount of the Notes except as permitted by Section 2.10. On the date of prepayment, the principal amount of the Notes so to be prepaid, plus accrued interest thereon to the date of prepayment, together with the Breakage Amount, if any, shall become due and payable on the prepayment date.
Provisions Relating to Prepayment. (a) On the date of prepayment, immediately available funds in Dollars shall be deposited by the Borrower in the Payment Account at the place and by the time and otherwise in the manner provided in Section 5.5, in an amount equal to the principal amount of Loan Certificates to be prepaid together with accrued and unpaid interest thereon to the date fixed for such prepayment, all Break Amounts, if any, and all other amounts due to the Lenders hereunder and under the Operative Documents.
Provisions Relating to Prepayment. BORROWER HEREBY EXPRESSLY (A) WAIVES ANY RIGHTS IT MAY HAVE UNDER LAW TO PREPAY THE SENIOR NOTES, IN WHOLE OR IN PART, WITHOUT PENALTY, UPON ACCELERATION OF THE MATURITY DATE, AND (B) AGREES THAT IF, FOR ANY REASON, A PREPAYMENT OF ALL OF ANY PORTION OF THE SENIOR PRINCIPAL BALANCE IS MADE INCLUDING UPON OR FOLLOWING ANY ACCELERATION OF THE MATURITY DATE BY COLLATERAL AGENT ON ACCOUNT OF ANY DEFAULT BY BORROWER, INCLUDING ANY TRANSFER, DISPOSITION, OR FURTHER ENCUMBRANCE PROHIBITED OR RESTRICTED BY THE SENIOR LOAN DOCUMENTS, THEN BORROWER MAY BE OBLIGATED TO PAY CONCURRENTLY WITH SUCH PREPAYMENT THE PREPAYMENT PREMIUM SPECIFIED ABOVE. BORROWER HEREBY DECLARES THAT (1) EACH OF THE FACTUAL MATTERS SET FORTH IN THIS PARAGRAPH IS TRUE AND CORRECT, (2) SENIOR LENDERS' AGREEMENT TO MAKE THE SENIOR LOAN AT THE INTEREST RATE AND FOR THE TERM SET FORTH IN THIS AGREEMENT CONSTITUTES ADEQUATE CONSIDERATION FOR THIS WAIVER AND AGREEMENT, AND HAS BEEN GIVEN INDIVIDUAL WEIGHT BY BORROWER AND EACH SENIOR LENDER, (3) BORROWER IS A SOPHISTICATED AND KNOWLEDGEABLE REAL ESTATE INVESTOR WITH COMPETENT AND INDEPENDENT LEGAL COUNSEL, AND (4) BORROWER FULLY UNDERSTANDS THE EFFECT OF THIS WAIVER AND AGREEMENT.
