Examples of Optional Prepayment Premium in a sentence
Each prepayment of Tranche B-1 Term Loans on or prior to the first anniversary of the Amendment Effective Date shall include the Optional Prepayment Premium on such Loans, but solely to the extent that such prepayment is made with the proceeds of Indebtedness the final maturity of which is later or the interest rate of which is lower, in each case, than the Tranche B-1 Term Loans.
Not later than 11:00 a.m., New York City time, on the Business Day immediately preceding such Prepayment Date, the Issuers shall deposit in the Payment Account an amount equal to the Optional Prepayment Amount plus the Optional Prepayment Premium, if any, with respect thereto in immediately available funds.
The Optional Prepayment Premium with respect to the Optional Prepayment Amount being paid on such Prepayment Date shall be due and payable by the Issuers on such Prepayment Date.
In the case of an Optional Prepayment during the period described in clause (b) of this subparagraph, the Optional Prepayment Premium shall be in an amount equal to ten percent (10%) of the principal amount being prepaid and the Holder may convert all or any part of the Outstanding Amount into Common Stock by delivering a Notice of Optional Conversion to the Corporation at any time prior to that date which is ten (10) trading days after receipt of an Optional Prepayment Notice.
All prepayments under this Section 2.07(a) and/or Section 2.07(b) shall be accompanied by Optional Prepayment Premium (if any), accrued interest on the principal amount being prepaid to the date of payment together with any Funding Losses amounts owed to any Lender.
All payments under this Section 2.07(b) shall be accompanied by Optional Prepayment Premium (if any), accrued interest on the principal amount being prepaid to the date of payment together with any Funding Losses owed to any Lender.
In the case of an Optional Prepayment during the period described in clause (a) of this subparagraph, the Optional Prepayment Premium shall be in an amount equal to seven and one half percent (7 1/2%) of the principal amount being prepaid and the Holder's right to effect an Optional Conversion shalL terminate upon receipt of an Optional Prepayment Notice.
Each prepayment of Tranche B-1 Term Loans on or prior to the first anniversary of the 2007 Amendment Effective Date shall include the Optional Prepayment Premium on such Loans, but solely to the extent that such prepayment is made with the proceeds of Indebtedness the final maturity of which is later or the interest rate of which is lower, in each case, than the Tranche B-1 Term Loans.
In the case of an Optional Prepayment during the period described in clause (a) of this subparagraph, the Optional Prepayment Premium shall be in an amount equal to seven and one half percent (7 1/2%) of the principal amount being prepaid and the Holder's right to effect an Optional Conversion shall terminate upon receipt of an Optional Prepayment Notice.