Right of Prepayment and cancellation in relation to a single Lender
Right of Prepayment. The Company may prepay a portion or all outstanding principal and interest of the Note upon written consent of the Holder.
Right of Prepayment. The Company, at its option, shall have the right to prepay, with three (3) business days advance written notice, a portion or all outstanding principal amount hereof plus outstanding interest of this Note.
Right of Prepayment. The Company may prepay a portion or all outstanding principal and interest of the Note at anytime.
Right of Prepayment. The Company at its option shall have the right, but not the obligation, to repay (“Optional Prepayment”) early a portion or all amounts outstanding under a Pre-Paid Advance in cash in the Prepayment Amount (as defined below) as described in this Section; provided that (i) if at the time of the Prepayment Notice (as defined below), the daily VWAP is more than the Fixed Price at the time of such Prepayment Notice, the Company provides the Investor with at least 30 Trading Days’ notice, and otherwise (ii) the Company provides the Investor with at least 5 Trading Days’ prior written notice (each, under (i) or (ii), a “Prepayment Notice”) of its desire to exercise an Optional Prepayment. Each Prepayment Notice shall be irrevocable and shall specify the outstanding balance of the Pre-Paid Advance to be prepaid and the applicable Payment Premium. The “Prepayment Amount” shall be an amount equal to the sum of (i) the outstanding principal balance being prepaid by the Company, (ii) the Payment Premium in respect of such amount, and (iii) all outstanding accrued and unpaid interest in respect of such Pre-Paid Advance as of each payment date. After receipt of a Prepayment Notice, the Investor shall have 5 Trading Days to elect to deliver Purchase Notices to the Company in respect of any portion of the Pre-Paid Advance outstanding. On the 6th (or in the case of (i) above, on the 31st) Trading Day after the Prepayment Notice, the Company shall deliver to the Investor the Prepayment Amount with respect to the principal amount prepaid after giving effect to Purchase Notices delivered during the applicable notice period.
Right of Prepayment. The Borrower shall have the right to prepay the Principal Sum, in whole or in part, at any time without notice or penalty.
Right of Prepayment and cancellation in relation to a single Lender: delete Clause 10.7(c) and replace it with the following: “UPC Broadband may only exercise its rights under paragraphs (a)(i) and (a)(ii) above, if the circumstance giving rise to the requirement or indemnification continues.”
Right of Prepayment. At any time from the date hereof to the due date, --------------------- the Company may prepay the entire principal sum and any interest accrued thereon, or any portion thereof, without penalty or restriction. Any prepayment shall be applied first to interest accrued but not yet paid, and then to principal.
Right of Prepayment. Maker has the right to prepay all or any portion of this Note at any time during its term without penalty. Such prepayments shall be applied first to interest and then to principal.
Right of Prepayment. Purchaser shall have the right to pre-pay ------------------- any Indebtedness existing as of the Closing Date.
