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Common use of Right to Prepay Clause in Contracts

Right to Prepay. The Borrower shall have the right at its option from time to time to prepay the Loans in whole or part without premium or penalty (except as provided in Sections 3.1, 3.5 and 11.

Appears in 5 contracts

Samples: Credit Agreement (Shenandoah Telecommunications Co/Va/), Credit Agreement (Shenandoah Telecommunications Co/Va/), Credit Agreement (Hawaiian Telcom Holdco, Inc.)

Right to Prepay. The Borrower shall have the right at its option from time to time to prepay the Loans in whole or part without premium or penalty (except as provided in Sections 3.111.3, 3.5 3.1 and 113.

Appears in 3 contracts

Samples: Joinder, Consent, First Amendment and Reaffirmation Agreement (ATN International, Inc.), Credit Agreement (Nuvera Communications, Inc.), Credit Agreement (Nuvera Communications, Inc.)

Right to Prepay. The Borrower shall have the right at its option from time to time to prepay the Loans in whole or part without premium or penalty (except as provided in Sections 3.1, 3.5 Section 5.9 [Increased Costs] and 11Section 5.11 [Indemnity]).

Appears in 1 contract

Samples: Term Loan Credit Agreement (New Jersey Resources Corp)

Right to Prepay. The Borrower shall have the right at its option from time to time to prepay the Loans in whole or part without premium or penalty (except as provided in Sections 3.1Section 4.6.2 [Replacement of a Lender] below, 3.5 in Section 4.8[Increased Costs] and 11.Section

Appears in 1 contract

Samples: Credit Agreement (Black Box Corp)

Right to Prepay. The Borrower shall have the right at its option at any time and from time to time to prepay the Term Loans in whole or part without premium or penalty (except as provided in Sections 3.1, 3.5 and 11.Section 4.4.2 (Replacement of a Bank) below or in Section 4.6 (Additional Compensation in Certain Circumstances)) in accordance with Section 2.1.2 (

Appears in 1 contract

Samples: Term Loan Facility (Hovnanian Enterprises Inc)

Right to Prepay. The Borrower shall have the right at its option from time to time time(a) to prepay the Loans in whole or part without premium or penalty (except as provided in Sections 3.1, 3.5 and 11.

Appears in 1 contract

Samples: Credit Agreement (Shenandoah Telecommunications Co/Va/)

Right to Prepay. The Borrower Borrowers shall have the right at its option from time to time to prepay the Loans in whole or part without premium or penalty (except as provided in Sections 3.1, 3.5 and 11.Section 5.6): (I) at any time with respect to any Loan to which the Base Rate Option applies,

Appears in 1 contract

Samples: Revolving Credit Agreement (Tb Woods Corp)

Right to Prepay. The Borrower shall have the right at its option from time to time to prepay the Loans in whole or part without premium or penalty (except as provided in Sections 3.1Section 4.6.2 [Replacement of a Lender] below, 3.5 in Section 4.8 [Increased Costs] and 11.Section

Appears in 1 contract

Samples: Credit Agreement (Black Box Corp)

Right to Prepay. The Borrower shall have the right at its option from time to time to prepay the Revolving Loans in whole or part without premium or penalty (except as provided in Sections 3.110.3, 3.5 3.1 and 113.

Appears in 1 contract

Samples: 364 Day Revolving Credit Agreement (Seaboard Corp /De/)

Right to Prepay. The Borrower shall have the right at its option from time to time to prepay the Committed Loans and Bid Loans in whole or part without premium or penalty (except as provided in Sections 3.1, 3.5 and 11.Section 5.4.2 below or in Section 5.6): -42- 55

Appears in 1 contract

Samples: Credit Agreement (Westinghouse Air Brake Technologies Corp)