RIGHT TO REPAY. Recipient may repay the outstanding amount of Loan(s) at any time in full or in part. Lender will figure the Interest up to the day of payment. On any payments including partial pre-payments, Lender will apply payment first to earned Interest and then to the Principal Amount. If Recipient makes a partial pre-payment Recipient will continue to pay the regular installments until the whole loan is paid in full.
RIGHT TO REPAY. The Borrower and the Co-Borrower shall have the right at their option from time to time to pay the Loans in whole or part without premium or penalty, except for such premiums, penalties and other payments provided for in Section 5.4.3 below or in Section 5.6:
(i) at any time with respect to any Loan to which the Base Rate Option or Euro-Rate Option applies;
(ii) on the date specified in a notice by any Lender pursuant to Section 4.4 [Euro-Rate Unascertainable] with respect to any Loan to which a Euro-Rate Option applies. Whenever the Borrower and the Co-Borrower desire to repay any part of the Loans, they shall provide a repayment notice to the Administrative Agent at least one (1) Business Day prior to the date of repayment of the Revolving Credit Loans or the Term Loans setting forth the following information:
RIGHT TO REPAY. The Borrower shall have the right at its option from time to time to pay the Loans in whole or part without premium or penalty (except as provided in Section 5.4.3 below or in Section 5.6):
(i) at any time with respect to any Loan to which the Base Rate Option applies,
(ii) on the last day of the applicable Interest Period with respect to Loans to which a Euro-Rate Option applies,
(iii) on the date specified in a notice by any Bank pursuant to Section 4.4 [Euro-Rate Unascertainable] with respect to any Loan to which a Euro-Rate Option applies. Whenever the Borrower desires to repay any part of the Loans, it shall provide a repayment notice to the Agent at least one (1) Business Day prior to the date of repayment of Loans setting forth the following information:
RIGHT TO REPAY. The Borrower shall have the right at its option at any time and from time to time to repay the Loans in whole or part without premium or penalty (except as provided in Section 5.5). Whenever the Borrower desires to repay any part of the Loans, it shall provide a notice to the Lender at least two (2) Business Days prior to the date of repayment of Loans setting forth the following information:
RIGHT TO REPAY. 3.1. Notwithstanding Clause 2, the Borrower may at any time repay the whole or any part of the Loan at any time even though no demand has been made for repayment and even though the term of the Loan has not expired.
RIGHT TO REPAY. 30 5.3.2 COMMITMENT REDUCTIONS.. . . . . . . . . . . . . . . . . . . .31
RIGHT TO REPAY. 34 5.4.2 REPLACEMENT OF A BANK. . . . . . . . . . . . . 35 5.4.3
RIGHT TO REPAY. I have the right to prepay all or any part of my Loan at any time without penalty. Any partial prepayment will be credited against the principal of my Loan and will not reduce the next payment due on my Loan.
RIGHT TO REPAY. Principal Portion of Redemption Price in Common Shares
(a) Subject to the receipt of any required regulatory approvals, the provisions governing any series of Debentures and the other provisions of this Section 4.6, the Corporation may, at its option, in exchange for or in lieu of paying the principal portion of the Redemption Price in money, elect to satisfy its obligation to pay all or any portion of the principal portion of the Redemption Price by issuing and delivering to holders on the Redemption Date that number of Freely Tradeable Common Shares obtained by dividing the principal portion of Redemption Price (or applicable portion thereof to be satisfied by the issuance and delivery of Freely Tradeable Common Shares) by 95% of the then Current Market Price of the Common Shares (which will be calculated based on the 20 consecutive trading days ending five days before the Redemption Date) (the "Common Share Redemption Right").
(b) The Corporation shall exercise the Common Share Redemption Right by so specifying in the Redemption Notice and shall also specify the aggregate principal amount of Debentures in respect of which it is exercising the Common Share Redemption Right in such notice; provided that if the Corporation elects to exercise the Common Share Redemption Right, the Redemption Notice shall be given to holders of the Debentures so to be redeemed not more than 60 days nor less than 40 days prior to the Redemption Date.
(c) The Corporation's right to exercise the Common Share Redemption Right shall be conditional upon the following conditions being met on the Business Day preceding the Redemption Date:
(i) the issuance of the Common Shares on the exercise of the Common Share Redemption Right shall be made in accordance with Applicable Securities Legislation and such Common Shares shall be issued as Freely Tradeable Common Shares;
(ii) the Common Shares shall be listed on the TSX or such other recognized stock exchange and such additional Freely Tradeable Common Shares shall be listed on each stock exchange on which the Common Shares are then listed;
(iii) the Corporation shall be a reporting issuer in good standing under Applicable Securities Legislation where the distribution of such Freely Tradeable Common Shares occurs;
(iv) the Corporation shall be in compliance with Section 7.11;
(v) no Event of Default shall have occurred and be continuing;
(vi) the Trustee shall have received an Officers' Certificate stating that conditions (i), (ii), (ii...
RIGHT TO REPAY. The Borrower may repay the Note at any time on or before 180 days from the Effective Date of the Note, after which the Borrower may not make further payments on the Note prior to the Maturity Date without written approval from Lender.
