Prepayment Option definition

Prepayment Option. DATES - If specified on the applicable Note, a date or dates for prepayment of a Note prior to the Stated Maturity thereof at the option of the Holder. PREPAYMENT OPTION PRICE - The amount prepayable to a Holder on a Prepayment Option Date together with any accrued interest to the Prepayment Option Date, as and if specified above on the applicable Note.
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Prepayment Option has the meaning set forth in Section 7A.
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Prepayment Option means the option granted to each of the several Purchasers pursuant to Section 7A of their respective Initial Power Contracts to prepay their entitlement percentages of certain of Vermont Yankee's costs.
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Examples of Prepayment Option in a sentence

  • Capitalized terms used herein and not defined herein or in the Agreement shall have the meaning ascribed to such terms in the Discounted Prepayment Option Notice.

  • Capitalized terms used herein and not defined herein shall have the meaning ascribed to such terms in the Credit Agreement or the Discounted Prepayment Option Notice, as applicable.

  • Notwithstanding the foregoing, if the Full Prepayment Option is exercised, then, in lieu of the Acquisition Property Price, price paid shall be the Full Prepayment Price.

  • Upon receipt of a Discounted Prepayment Option Notice, the Administrative Agent shall promptly notify each applicable Lender thereof.

  • Full Prepayment Option shall mean the option (but not the obligation) of PRF to satisfy in full the obligations with respect to the payment of the Acquisition Property Price in advance of the expiration of the Payment Period by paying the Full Prepayment Price.


More Definitions of Prepayment Option

Prepayment Option means the IRS Prepayment Option (as defined in the Interest Rate Swap) and/or the CDS Prepayment Option (as defined in the Credit Default Swap).
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Prepayment Option. Upon ninety (90) days written notice, the Government has the right to pre-pay the remaining Payments for the Asset(s). Such pre-payment price will be the discounted value of all the remaining Payments under this Agreement at the annual rate of 5% or actual leasing rate together with the Residual Value plus any payments then due and owing.
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Prepayment Option shall have the meaning assigned to such term in Section 3.1 of the Loan Agreement.
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Prepayment Option shall have the meaning set forth in Section 1.10.
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Prepayment Option. Interest on [ ] Bank’s loans is calculated using the simple interest approach, and these loans will not include any penalties for pre-payment. Loan Disbursement: Loans will be disbursed via Cashier’s Check made payable to the contractor (when one exists). Each Loan disbursement on each project will be contingent upon prior written approval by borrower and [Partner, City, or City’s designee], based upon sufficient verification of EE project completion and all reporting requirements
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Prepayment Option has the meaning set forth in Section 3.4(d).
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Prepayment Option. Any payment towards the truck will provide a discount. Details provided upon request.
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