Common use of Voluntary Prepayments of Term Loans Clause in Contracts

Voluntary Prepayments of Term Loans. (a) The Holdings Borrower may, at its option, prepay the Term A Loans in full or in amounts aggregating (pound) 1,000,000 or any integral multiple of (pound) 100,000, by paying the principal amount to be prepaid, plus all interest accrued and unpaid thereon to the date of prepayment, plus all compensation payments required by Section 5.16.

Appears in 1 contract

Samples: Credit and Term Loan Agreement (Catalina Lighting Inc)

AutoNDA by SimpleDocs

Voluntary Prepayments of Term Loans. (a) The Holdings At any time, Borrower may, at its option, may prepay the Term A Loans Loans, in full whole or in amounts aggregating (pound) 1,000,000 part, without premium or any integral multiple of (pound) 100,000, penalty. Any such prepayment shall be accompanied by paying the principal amount to be prepaid, plus all interest accrued and unpaid thereon to interest on the date of prepayment, plus all compensation payments required by Section 5.16amount prepaid.

Appears in 1 contract

Samples: Credit Agreement (Portola Packaging Inc)

Voluntary Prepayments of Term Loans. (a) The Holdings Borrower may, at its option, prepay the Term A Loans in full or in amounts aggregating (pound) 1,000,000 pound)1,000,000 or any integral multiple of (pound) 100,000pound)100,000, by paying the principal amount to be prepaid, plus all interest accrued and unpaid thereon to the date of prepayment, plus all compensation payments required by Section 5.16.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Catalina Lighting Inc)

AutoNDA by SimpleDocs

Voluntary Prepayments of Term Loans. (a) The Holdings Borrower may, at its option, without penalty or premium, prepay the Term A Loans in full or in amounts aggregating (pound) 1,000,000 $500,000 or any integral multiple of (pound) $100,000, by paying the principal amount to be prepaid, plus all interest accrued and unpaid thereon to the date of prepayment, plus all compensation payments required by Section 5.16.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Conso International Corp)

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