Common use of Voluntary Prepayments of BSBY Rate Loans Clause in Contracts

Voluntary Prepayments of BSBY Rate Loans. The Borrower may, upon notice to the Lender pursuant to delivery to the Lender of a Notice of Loan Prepayment, at any time or from time to time voluntarily prepay the BSBY Rate Loans in whole or in part without premium or penalty (except as otherwise specified in the Agreement); provided, that, such notice must be received by the Lender not later than 11:00 a.m. (Eastern time) two Business Days prior to any date of prepayment of BSBY Rate Loans.

Appears in 1 contract

Samples: Libor Transition Amendment (AstroNova, Inc.)

AutoNDA by SimpleDocs

Voluntary Prepayments of BSBY Rate Loans. The Borrower may, upon notice to the Lender pursuant to delivery to the Lender of a Notice of Loan Prepayment, at any time or from time to time voluntarily prepay the BSBY Rate Loans in whole or in part without premium or penalty (except as otherwise specified in the Agreement); provided, that, such notice must be received by the Lender not later than 11:00 a.m. (Eastern time) two Business Days prior to any date of prepayment of BSBY Rate Loans.. 

Appears in 1 contract

Samples: Libor Transition Amendment (Wd 40 Co)

Voluntary Prepayments of BSBY Rate Loans. The Borrower may, upon notice to the Lender Administrative Agent pursuant to delivery to the Lender Administrative Agent of a Notice of Loan Prepayment, at any time or from time to time voluntarily prepay the CHAR2\0000000x0 BSBY Rate Loans in whole or in part without premium or penalty (except as otherwise specified in the Agreement); provided, that, provided that such notice must be received by the Lender Administrative Agent not later than 11:00 a.m. (Eastern time) two Business Days prior to any date of prepayment of BSBY Rate Loans.

Appears in 1 contract

Samples: Libor Transition Amendment (Powell Industries Inc)

Voluntary Prepayments of BSBY Rate Loans. The Borrower may, upon notice to the Lender pursuant to delivery to the Lender of a Notice of Loan Prepayment, at any time or from time to time voluntarily prepay the BSBY Rate Loans in whole or in part without premium or penalty (except as otherwise specified in the Loan Agreement); provided, that, such notice must be received by the Lender not later than 11:00 a.m. (Eastern time) two Business Days prior to any date of prepayment of BSBY Rate Loans.

Appears in 1 contract

Samples: Loan and Security Agreement (Wireless Telecom Group Inc)

AutoNDA by SimpleDocs

Voluntary Prepayments of BSBY Rate Loans. The Borrower may, upon notice to the Lender Administrative Agent pursuant to delivery to the Lender Administrative Agent of a Notice of Loan Prepayment, at any time or from time to time voluntarily prepay the BSBY Rate Loans in whole or in part without premium or penalty (except as otherwise specified in the Credit Agreement); provided, that, provided that such notice must be received by the Lender Administrative Agent not later than 11:00 a.m. (Eastern time) two Business Days prior to any date of prepayment of BSBY Rate Loans.

Appears in 1 contract

Samples: Credit Agreement (KVH Industries Inc \De\)

Time is Money Join Law Insider Premium to draft better contracts faster.