Voluntary early repayment. 4.1 Notwithstanding Condition 3.1, the Company may, on a date falling prior to the Final Redemption Date, repay all or part of the Loan Notes (together with accrued interest on such sums) (Early Redemption). The Company will give the relevant Noteholders reasonable prior notice in the event of an Early Redemption.
4.2 Any redemption or repayment of Loan Notes and/or accrued interest on such redeemed Loan Notes pursuant to this Condition 4 will be made pro rata to the holdings of all Noteholders.
Voluntary early repayment. 5.1 The Borrower may at any time repay the Loan or any part thereof.
5.2 No amount repaid under paragraph 5.1 or otherwise may be redrawn.
Voluntary early repayment. 8.4.1. The Borrower may, subject to receipt by the Credit Manager of a prior notice from the Borrower (in the form given in Annex 6 (Notice of Early Repayment Form)) (hereinafter referred to as the “Notice of Early Repayment”) at least five Business Days in advance (unless a shorter period is agreed upon with the Majority of Creditors), early repay the Outstanding Credit or any part thereof.
8.4.2. The Outstanding Credit amount repaid early (unless it is the Outstanding Credit in full) shall be at least 50,000,000 Russian rubles.
8.4.3. The Notice of Early Repayment shall be sent to the Credit Manager in the original. The Borrower may transfer the Notice of Early Repayment to the Credit Manager in the form of the Electronic Document under the Remote Banking System, provided the powers of the person signing such Notice of Early Repayment are confirmed, and provided that the Credit Manager receives the original of such Notice of Early Repayment on or before the early repayment date, in the quantity equal to the number of Creditors.
8.4.4. Any voluntary early repayment in accordance with this Article 8.4. shall be pro rata to all Instalments.
8.4.5. Any partial repayment of the Outstanding Credit within one Instalment shall decrease pro rata the scope of the Borrower’s obligation to repay the Outstanding Credit to each Creditor within the relevant Instalment.
Voluntary early repayment. The Company may request the Lenders to repay all or a portion of each of the above Credits, and any portion of a specific loan prior to the Agreed Repayment Date agreed in accordance with the terms of this Agreement (hereinafter, "Early Repayment") subject to the following conditions:
17.1. The Company's request for Early Repayment of any amount on account of the Credit, as aforementioned, is submitted in writing to the Lenders, through the Facility Agent, at least 7 (seven) business days in advance, and shall be irrevocable, and shall stipulate the amount with respect to which Early Repayment is requested, as well as the date of Early Repayment.
17.2. The Early Repayment of the amount requested by the Company shall be effected at the end of the Interest Calculation Period ending immediately after 7 (seven) business days have passed, as set forth in Section 17.1 above, and shall be accompanied by payment of the interest accrued on such amount up to the actual Early Repayment Date.
17.3. Any principal amount which is repaid early shall not be less than NIS 30,000,000 (Thirty Million New Israeli Shekels).
17.4. In the event any of the Loans which are the subject of the Credit are fixed-interest rate loans, then, in the event of Early Repayment of all or part of such Loans, the Company shall pay the Lenders, through the Facility Agent, an Early Repayment fee in addition to the amount which is repaid early, to be calculated as follows: If the Alternative Interest in effect on the Early Repayment date is lower than the Wholesale Interest Rate in effect on the Date of Credit, the Early Repayment fee shall be an amount equal to the capitalization of the remaining payments payable pursuant hereto as payment of the principal and interest after the requested repayment date, with respect to the amount which was repaid early, at the Alternative Interest rate (as defined below) less the capitalization of the remaining payments which are payable hereunder as principal and interest payments after the requested repayment date, with respect to the amount which was repaid early, at the Wholesale Interest rate in effect on the Date of Credit. For the avoidance of doubt, it is hereby clarified that if the Alternative Interest in effect on the Early Repayment date is equal to or higher than the Wholesale Interest Rate in effect on the Date of Credit, the Company shall not pay any repayment fee pursuant to this Section 17.4. The Alternative Interest, for purposes of this subsec...
Voluntary early repayment. The Company shall be at liberty at any time to repay the whole or any part of the Loan without premium or penalty provided that:-
5.1 not less than one calendar month’s prior written notice shall have been given;
5.2 in the event of partial repayment, the amount of the Loan repaid shall be an integral multiple of £5,000; and
5.3 any amounts repaid by the Company may not be redrawn.
Voluntary early repayment. As long as no Event of Default under Article 7-1 has occurred, the Borrower may voluntarily prepay all or part of the Loan before the Loan Maturity Date, subject to the following conditions:
1. The Borrower shall notify the Lenders in writing of the prepayment amount and the prepayment date at least five (5) Business Days before the prepayment date (or within any later period agreed upon by all Lenders).
2. The Borrower shall repay not only the prepaid Loan but also all accrued interest (including default interest) on the entire Loan up to the prepayment date, along with any other amounts payable to the Lenders under this Agreement.
Voluntary early repayment. 3.1 Subject to Condition 3.1 below the Company may at any time, by giving the Noteholders not less than 10 Business Days’ written notice (Repayment Notice), repay the Repayment Amount together with accrued interest of all or a portion of the Notes (whether A Loan Notes and/or B Loan Notes, as the case may be) on the date specified in such notice.
3.2 On receiving a Repayment Notice, the Noteholders may within 10 Business Days provide the Company with a Conversion Notice as provided for in Schedule 3 for any outstanding B Loan Notes specified in the Repayment Notice.
3.3 Any payment made under the provisions of Condition 3.1 shall be treated as reducing the amount of the repayments under Condition 2 proportionately.
3.4 Any redemption of the Notes under the provisions of Condition 3.1 shall be made pro rata to the holdings of all Noteholders.
Voluntary early repayment. THE BORROWER MAY VOLUNTARILY REPAY ALL OR PART OF THE AMOUNTS DUE PURSUANT TO THIS AGREEMENT, INCLUDING THE PRINCIPAL AND CAPITALIZED INTEREST (AS SUCH TERM IS DEFINED IN CLAUSE 7) IN ACCORDANCE WITH THE PROVISIONS OF CLAUSE 7 (INTEREST) below, expenses, fees, costs or any other item, at any time by notifying the Lender at least ten (10) business days in advance. The Borrower may not re-dispose of the repaid amounts of the Loan.
Voluntary early repayment.
1. When the borrower intends to repay all or part of the loan balance in advance, it shall submit an early repayment notice (“early repayment notice”) to the agent bank and obtain the written consent of the agent bank (according to the decision of the majority lender) [5] business days before the proposed early repayment date.
2. The early repayment notice shall state the amount and date of the proposed early repayment.
3. If part of the loan balance is repaid in advance, the amount of early repayment shall be at least RMB [10,000,000.00] Yuan (in words: RMB [Ten Million] Yuan Only), and shall be an integral multiple of RMB [10,000,000.00] Yuan (in words: RMB [Ten Million] Yuan Only) or other amounts agreed by the agent bank (according to the decision of the majority lender).
4. The early repayment date shall be an interest payment date.
5. All interest and/or penalty interest incurred on the principal to be repaid in advance up to the early repayment date shall be paid off together with the early repayment of the principal.
6. The amount repaid in advance shall set off against the principal of the loan balance [in reverse order] according to the order of maturity of the relevant loan balances listed in Article VI of this Contract (Repayment), [with the later due being repaid first].
7. Any amounts repaid in advance may not be withdrawn again.
8. The borrower has no right to revoke any early repayment notice it has sent; the borrower shall repay in advance on the early repayment date specified in the early repayment notice.
9. The borrower shall, at the same time of making early repayment, pay an early repayment compensation fee to each lender through the agent bank, and the compensation fee shall be calculated as follows: [/].
