Prepayment Election Notice definition

Prepayment Election Notice has the meaning given to such term in the FFB Note.
Prepayment Election Notice. Written notification delivered by the Borrower of any intended prepayment of all or part of the DOE-Guaranteed Loans, as specified in the FFB Promissory Note.
Prepayment Election Notice means a written notice delivered by Payor to Holder stating Payor’s election to prepay all or any portion of the outstanding principal amount of this Note in shares of Repayment Stock, the Prepayment Election Date, the number of shares of Repayment Stock to be issued and the amount of cash to be paid in lieu of any fractional share of Repayment Stock.

Examples of Prepayment Election Notice in a sentence

  • Notice is hereby given to FFB that the preceding Prepayment Election Notice made by the Borrower identified therein has been approved by RUS for purposes of the Bond identified therein.

  • The Borrower elects to have the following amount of funds applied by FFB toward a prepayment of the outstanding principal amount of the Advances identified in Part 1, in the order in which they appear in Part 1: ____________________________________8 The undersigned hereby certifies that the authority of the undersigned to execute and deliver this Prepayment Election Notice on behalf of the Borrower is valid and in full force and effect on the date hereof.

  • For each of the Advances identified in Part 1, the respective amount of principal that the Borrower intends to prepay on the Intended Prepayment Date is as follows: FFB ADVANCE IDENTIFIER8 AMOUNT OF PRINCIPAL TO BE PREPAID9 $ $ $ The undersigned hereby certifies that the authority of the undersigned to execute and deliver this Prepayment Election Notice on behalf of the Borrower is valid and in full force and effect on the date hereof.

  • The Borrower elects to have the following amount of funds applied by FFB toward a prepayment of the outstanding principal amount of the Advances identified in Part 1, in the order in which they appear in Part 1: The undersigned hereby certifies that the authority of the undersigned to execute and deliver this Prepayment Election Notice on behalf of the Borrower is valid and in full force and effect on the date hereof.

  • PREPAYMENT ELECTION NOTICE - FX SUM (RUS APPROVAL REQ'D) - page 3 PREPAYMENT ELECTION NOTICE Notice is hereby given to FFB that the preceding Prepayment Election Notice made by the Borrower identified therein has been approved by RUS for purposes of the Bond identified therein.

  • If a Prepayment Election Notice is delivered in accordance with the previous sentence, then Worldspan shall pay to Delta by wire transfer of immediately available funds an amount equal to the FASA Credit Termination Payment on the date specified in the Prepayment Election Notice, provided that such payment shall not be made later than the earlier of (x) December 31, 2005 or (y) 30 days after the date of the Prepayment Election Notice (the “30-Day Expiration Date”).

  • NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORPORATION (the "Borrower") By: _______________________ Name: _______________________ Title: _______________________ Date: _______________________ Notice is hereby given to FFB that the preceding Prepayment Election Notice made by the Borrower identified therein has been approved by RUS for purposes of the Bond identified therein.

  • On the prepayment date specified in any Prepayment Election Notice given by Agent, the Borrower will prepay all Loans.

  • On the Prepayment Date, (x) the Company shall pay to the Holder in cash the portion of the Prepayment Amount elected to be prepaid in cash in the Prepayment Election Notice and (y) the portion of the Prepayment Amount elected to be converted into stock in the Prepayment Election Notice shall be automatically converted into Common Stock in accordance with the terms hereof.

  • Any Mandatory Prepayments of Advances made under the Notes shall be made on the Intended Prepayment Date set forth in the relevant Prepayment Election Notice delivered pursuant to Section 3.6(c)(v), which Intended Prepayment Dates shall occur within the applicable time frames provided in this Section 3.6(c).


More Definitions of Prepayment Election Notice

Prepayment Election Notice has the meaning specified in Section 2.8(c)(ii).
Prepayment Election Notice has the meaning given to such term in the FFB Note, which shall be substantially in the form of Exhibit I (Form of Prepayment Election Notice).
Prepayment Election Notice has the meaning given to such term in the FFB Note. “Prepayment Price” has the meaning given to such term in the FFB Note. “Principal Persons” means: (a) solely with respect to the definition of Knowledge, any President, Chief Financial Officer, Chief Legal Officer, Executive Vice President, Treasurer, Assistant Treasurer, Secretary or Assistant Secretary of the Borrower, any Site Vice President with executive authority over the Plant, and any financial officer responsible for the administration of the obligations of the Borrower under the Guaranteed Loan; and (b) in all other instances, any officer, director, beneficial owner of ten percent (10.0%) or more of equity interests that are not publicly traded securities or other natural person (whether or not an employee) with executive authority over the Borrower or other applicable Borrower Entity. “Program Requirements” means all of the following: (a) Title XVII; and (b) the Applicable Regulations. “Prohibited Jurisdiction” means any country, region, territory or jurisdiction that: (a) is the target of comprehensive country wide or territory wide Sanctions (as of the date of this Agreement, Cuba, Iran, North Korea, the Crimea region of Ukraine, the so-called Donetsk People’s Republic, and the so-called Luhansk People’s Republic); (b) has been designated by the Secretary of the Treasury under Section 311 or 312 of the Patriot Act as warranting special measures due to money laundering concern; or
Prepayment Election Notice means a notice substantially in the form set out in Exhibit W (Form of Prepayment Election Notice).
Prepayment Election Notice as defined in SECTION 6.9. -------------------------- PROCEEDING: as defined in SECTION 7.2. ----------

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