Common use of Voluntary Payment Clause in Contracts

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.

Appears in 2 contracts

Sources: Debenture Purchase Agreement (Cahill Edward L), Debenture Purchase Agreement (Cahill Edward L)

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.

Appears in 2 contracts

Sources: Debenture Purchase Agreement (Concorde Career Colleges Inc), Debenture Purchase Agreement (Concorde Career Colleges Inc)