Permitted Prepayment definition

Permitted Prepayment means any prepayment of Future Debt (x) which is funded solely with the proceeds of (i) new cash equity in the form of nonconvertible common shares, (ii) Subordinated Debt, or (iii) substitute Debt permitted hereunder which satisfies the following conditions:

Permitted Prepayment means the refinancing of the Liabilities in full in cash through the U.S. Department of Housing and Urban Development.

Permitted Prepayment shall have the meaning ascribed to such term in Section 3.2.

Examples of Permitted Prepayment in a sentence

• If prepayment occurs on or before the Permitted Prepayment Date, Borrower shall pay the Prepayment Penalty to Lender concurrently with such prepayment.

• Borrower shall have no right to prepay, and Lender shall have no obligation to accept tendered payments of, any portion of the unpaid Principal Sum outstanding under this Note prior to the beginning of the Permitted Prepayment Period.

• No release of an Individual Property shall occur on or prior to the Permitted Prepayment Date (or prior to the date that is ninety (90) days following the Permitted Prepayment Date, if Lender delivers a written notice to Borrower on or prior to the Permitted Prepayment Date stating that a Securitization is imminently pending).

• Borrower shall not have the right to prepay all or any portion of the Loan Amount at any time prior to the Permitted Prepayment Period after which, Borrower may prepay the Secured Indebtedness in whole, but not in part, on no less than ten (10) days prior written notice to Holder, provided such prepayment is accompanied by the Permitted Prepayment Fee.

• On and after the Permitted Prepayment Date, Borrower may, provided no Event of Default has occurred, at its option and upon ten (10) days prior notice to Lender (or such shorter period of time as may be permitted by Lender in its sole discretion), prepay the Debt in whole only on any date without payment of the Yield Maintenance Premium.

More Definitions of Permitted Prepayment

Permitted Prepayment means the refinancing coordinated through a vendor reasonably acceptable to Agent of the Liabilities in full in cash through the U.S. Department of Housing and Urban Development. For purposes hereof, White Oak Healthcare Finance LLC shall be deemed a vendor acceptable to Agent.

Permitted Prepayment means any prepayment of real estate mortgage debt, the Existing Senior Notes or Future Debt (x) which is funded solely with the proceeds of (i) new cash equity in the form of nonconvertible common shares, (ii) Subordinated Debt, (iii) cash on hand or borrowings of Advances otherwise permitted hereunder or (iv) other Debt permitted hereunder, which other Debt satisfies the following conditions:

Permitted Prepayment means any prepayment of the Senior Debt or Future Debt which is funded solely with the proceeds of (x) new cash equity in the form of nonconvertible common shares, (y) Subordinated Debt, or (z) substitute long term Debt which satisfies the following conditions:

Permitted Prepayment has the meaning given under the Notes.

Permitted Prepayment. Borrower shall have the option to prepay all (but not less than all) of the Loans provided Borrower (i) provides written notice to Bank of its election to prepay the Loans at least five (5) days prior to such prepayment, and (ii) pays, on the date of such prepayment (A) all outstanding principal and accrued interest under the Loans, (B) the Prepayment Premium, (C) the Final Payment, and (D) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts.

Permitted Prepayment means the 2022 Notes Cash Sweep and any optional principal payment, repurchase, redemption or other retirement of principal amounts in respect of Permitted Junior Debt (including, for certainty, the 2022 Notes); provided that, at the time of any such 2022 Notes Cash Sweep or any other payment, repurchase, redemption or other retirement, and on a pro forma basis after giving effect thereto:

Permitted Prepayment means the refinancing of the Liabilities in full in cash through the U.S. Department of Housing and Urban Development. “Person” means any individual, sole proprietorship, partnership, joint venture, trust, limited liability company, unincorporated organization,