Prepayment Election Notice definition

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.
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Prepayment Election Notice has the meaning given to such term in the relevant Note.
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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.
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Examples of Prepayment Election Notice in a sentence

  • Any Mandatory Prepayment made under the Note shall be made on the Intended Prepayment Date set forth in the relevant Prepayment Election Notice delivered pursuant to Section 3.05 (Prepayments), which Intended Prepayment Date shall occur within the applicable time frames provided in Section 3.05(c) (Mandatory Prepayments); provided that the Intended Prepayment Date shall not occur on a Payment Date.

  • Any Mandatory Prepayment of any Advance pursuant to Section 3.05(c) (Mandatory Prepayments) shall be applied in the inverse order of maturity among the outstanding principal amounts of each Advance elected in a Prepayment Election Notice, in accordance with the Note or as otherwise specified by the Guarantor (and agreed by the Borrower).


More Definitions of Prepayment Election Notice

Prepayment Election Notice as defined in SECTION 6.9. -------------------------- PROCEEDING: as defined in SECTION 7.2. ----------
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Prepayment Election Notice has the meaning specified in Section 2.8(c)(ii).
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Related to Prepayment Election Notice

  • Prepayment Notice means a notice by the Borrower to prepay Loans, which shall be in such form as the Appropriate Party may approve.

  • Reduction Notice has the meaning set forth in Section 1.3.

  • Collection Notice means a notice, in substantially the form of Annex A to Exhibit VI, from the Agent to a Collection Bank or any similar or analogous notice from the Agent to a Collection Bank.

  • Termination Notice means the communication issued in accordance with this Agreement by one Party to the other Party terminating this Agreement;

  • Redemption Notice means a notice in a form approved by the Company by which a holder of Public Shares is entitled to require the Company to redeem its Public Shares, subject to any conditions contained therein.

  • Penalty Notice means a written no- tification from the Director informing a respondent that the Director has made a finding of violation and, absent a request for a hearing, will impose a civil monetary penalty.

  • Redemption Notice Date means, with respect to a Redemption, the date on which the Company sends the Redemption Notice for such Redemption pursuant to Section 4.03(F).

  • Extension Notice has the meaning specified in Section 308.

  • Withdrawal Notice shall have the meaning given in Section 2.1.6.

  • Put Notice has the meaning provided in Section 3.4.

  • Prepayment Amount means the amount required to prepay the Annual Special Tax obligation in full for an Assessor’s Parcel as described in Section G.