Voluntary Payment. Borrower shall have the right to pay, without premium or penalty, the whole or any part of the Loan; provided that any amount so repaid is subject to allocation as between the Loan and the other Secured Obligations (as defined in the Pledge Agreement, the “Secured Obligations”) in accordance with Section 4 of the Pledge Agreement and in no event shall Borrower have the right to dictate the order in which the Secured Obligations are paid. Any voluntary payment made by Borrower and allocated to repayment of the Loan in accordance with [Section 4] of the Credit Agreement shall be credited first to repayment of all accrued and unpaid interest on the Loan as of the date of such payment and then to the unpaid principal amount of the Loan.
Voluntary Payment. The Company may prepay or redeem all or part of the Debenture prior to maturity hereof, without penalty, with twenty (20) days' prior written notice thereof to Holder.
Voluntary Payment. Upon five (5) days' prior written notice to the Holder, the Company may prepay the principal sum of this Debenture, at any time, in whole or in part, plus unpaid accrued interest to the date of payment.
Voluntary Payment. (i) Prior to June 29, 2002, the Notes will not be prepayable, except pursuant to clause (ii) of this Section 2.3(a) or pursuant to Section 2.3(b). The Company may, at its option, upon notice as provided below, prepay the Notes, in whole or in part, at any time after June 29, 2002, at the principal amount so prepaid, plus the premium (a percentage of such principal amount) applicable in accordance with the following table, depending on the date such prepayment occurs: Period Premium ------ ------- June 29, 2002 to June 28, 2003 6.25% June 29, 2003 to June 28, 2004 4.6875% June 29, 2004 to June 28, 2005 3.125% June 29, 2005 to June 28, 2006 1.5625%
Voluntary Payment. (i) The Company may, at its option, upon notice as provided below, prepay the Notes, in whole or in part, at any time and from time to time, at the principal amount so prepaid, PROVIDED, HOWEVER, that no such prepayment may be made after a Qualified Offering, except as provided in Subsection 2.3(b)(ii) below;
Voluntary Payment. Borrower shall have the right to pay, without premium or penalty, the whole or any part of the Loan; provided that any amount so repaid is subject to allocation as between the Loan and the other Secured Obligations (as defined in the Pledge Agreement, the
Voluntary Payment. The Corporation or its Subsidiaries shall not, directly or indirectly, voluntarily prepay, redeem, or otherwise retire, the whole or part of any Existing Indebtedness, prior to the payment of the Principal Amount and any accrued but unpaid interest;
Voluntary Payment. The Parties acknowledge and agree that the District Payment does not constitute a loan from the District to the City, but rather a voluntary contribution of District funds to the City to be expended by the City pursuant to this Agreement for the benefit of the District and the public.
Voluntary Payment. UPMC agrees to make monetary contributions (hereinafter referred to as “Voluntary Education Contribution Payments”) to the School District during the term of this Agreement as follows:
Voluntary Payment. Borrower shall have the right at any time, not later than 11:00 a.m. Central Time on the same Business Day m such payment, to pay the Notes in whole or in part without premium of penalty but with seemed interest to the date or prepayment on the amount prepaid.
