Prepayment Right Date definition

Prepayment Right Date means sixty (60) days following such date as Conversion Shares and the Warrant Shares, may be offered or sold pursuant to an effective Registration Statement or in a transaction not subject to the registration requirements of the Securities Act and in accordance with applicable State securities laws as evidenced by a legal opinion of counsel to the Company to such effect the substance of which shall be reasonably acceptable to the Investor.
Prepayment Right Date in respect of any Note, means the date of the issuance of such Note.
Prepayment Right Date the earlier of (i) such date as the Conversion Shares, may be offered or sold pursuant to an effective Registration Statement, or (ii) may be immediately resold under Rule 144 without restriction on the number of shares to be sold or manner of sale.

Examples of Prepayment Right Date in a sentence

  • The Maker may repay all, but not less than all, of the then Outstanding Principal Amount plus the Prepayment Amount on any date following the Prepayment Right Date; provided that the Maker shall have given no less than ten (10) day’s written notice to the Holder of such intended prepayment (the “Prepayment Notice”).

  • The Maker may repay all, but not less than all, of the then Outstanding Principal Amount on any date following the Prepayment Right Date; provided that the Maker shall have given no less than ten (10) day’s written notice to the Holder of such intended prepayment (the “Prepayment Notice”).

  • The Maker may repay all, but not less than all, of the then Outstanding Principal Amount plus the Prepayment Amount (as defined below) on any date following the Prepayment Right Date (as defined below); provided that the Maker shall have given no less than ten (10) day’s written notice to the Holder of such intended prepayment (the “Prepayment Notice”).

  • The Maker may repay all, but not less than all, of the then Outstanding Principal Amount plus the Prepayment Amount on any date following the Prepayment Right Date; provided that the Maker shall have given no less than ten (10) day's written notice to the Holder of such intended prepayment (the "Prepayment Notice").

  • The Maker may repay all, but not less than all, of the then Outstanding Principal Amount at a repayment price equal to the Prepayment Amount on any date following the Prepayment Right Date; provided that the Maker shall have given no less than ten (10) day’s written notice to the Holder of such intended prepayment (the “Prepayment Notice”).

Related to Prepayment Right Date

  • Prepayment Date has the meaning specified in Section 2.05(c).

  • Discounted Prepayment Option Notice has the meaning specified in Section 2.05(d)(ii).

  • Optional Prepayment Date has the meaning specified in Section 4.b hereof.

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

  • Reinvestment Prepayment Date with respect to any Reinvestment Event, the earlier of (a) the date occurring twelve months after such Reinvestment Event and (b) the date on which the Borrower shall have determined not to, or shall have otherwise ceased to, acquire or repair assets useful in the Borrower’s business with all or any portion of the relevant Reinvestment Deferred Amount.

  • First Repayment Date means, in relation to each Tranche (and subject to clause 6.3), the date falling three (3) months after the earlier of (a) the Drawdown Date of the Delivery Advance relevant to such Tranche and (b) the last day of the Drawdown Period for the Delivery Advance relevant to such Tranche;

  • Proposed Prepayment Date is defined in Section 8.3(c).

  • 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.

  • Discount Range Prepayment Notice means a written notice of a Borrower Solicitation of Discount Range Prepayment Offers made pursuant to Section 2.05(a)(v)(C) substantially in the form of Exhibit M-4.

  • Put Option Repayment Date means the settlement date for the Put Option pursuant to Clause 10.3 (Mandatory repurchase due to a Put Option Event).

  • Prepayment Price Has the meaning specified in Section 6.02(b) of the Indenture.

  • Call Option Repayment Date means the settlement date for the Call Option determined by the Issuer pursuant to Clause 10.2 (Voluntary early redemption – Call Option), Clause 10.3(d) or a date agreed upon between the Bond Trustee and the Issuer in connection with such redemption of Bonds.

  • Optional Prepayment Price shall have the meaning set forth in Section 14.02(a).

  • Mandatory Prepayment Date as defined in Section 2.12(e).

  • Discounted Voluntary Prepayment Notice has the meaning specified in Section 2.05(d)(v).

  • Discount Range Prepayment Amount has the meaning set forth in Section 2.05(a)(v)(C)(1).

  • Repayment Notice Each notice required to be delivered by the Borrower pursuant to Section 2.3 in respect of any reduction in the Facility Amount or repayment of Advances Outstanding, in the form of Exhibit A-2.

  • Discount Range Prepayment Offer means the irrevocable written offer by a Term Lender, substantially in the form of Exhibit L, submitted in response to an invitation to submit offers following the Auction Agent’s receipt of a Discount Range Prepayment Notice.

  • Initial Term Loan Repayment Date shall have the meaning provided in Section 2.5(b).

  • Default Repayment Date means the settlement date set out by the Bond Trustee in a Default Notice requesting early redemption of the Bonds.

  • Mandatory Prepayment Event means any of the following:

  • Discounted Prepayment Effective Date means in the case of a Borrower Offer of Specified Discount Prepayment or Borrower Solicitation of Discount Range Prepayment Offer, five (5) Business Days following the receipt by each relevant Term Lender of notice from the Auction Agent in accordance with Section 2.11(a)(ii)(B), Section 2.11(a)(ii)(C) or Section 2.11(a)(ii)(D), as applicable unless a shorter period is agreed to between the Borrower and the Auction Agent.

  • Required Prepayment Date as defined in Section 2.15(c).

  • Reinvestment Prepayment Amount with respect to any Reinvestment Event, the Reinvestment Deferred Amount relating thereto less any amount expended prior to the relevant Reinvestment Prepayment Date to acquire or repair assets useful in the Borrower’s business.

  • Optional Redemption Pricing Date means a Valuation Date on which a Redemption Order is determined to be valid and accepted by or on behalf of the Issuer in accordance with the terms of the LS Operating Procedures Agreement.

  • Term Loan Repayment Date shall have the meaning assigned to such term in Section 2.09.