Prepayment Terms definition

Prepayment Terms. Prepayment of 100% (one hundred percent) of said Note is permitted at any time in the form of the following: (1) cash or (2) other negotiated form of payment mutually agreed to in writing. No penalty for pre- payment. Use of Proceeds: Working capital (including payment of commissions), acquisitions, marketing. Commissions: The Company will pay to Broker (for itself and other selling agents) a commission in the form of cash equal in value to five percent (5%) of the gross proceeds from the sale of the Common Stock under the Subscription Agreement, as well as ten percent (10%) in common stock. Payment: Principal Sum will be funded by the Holder upon signing the Note. Payment Checks: Checks to be made payable to Network 1 Financial Group Inc. Wire Instructions: Wire transfers should be sent to: Account Name:Network 1 Financial Group Inc ACCOUNT No.: 381030508634 Domestic A/B/A No: 026009594 International Swift Code: XXXXXX0X BANK: Bank of America 000 Xxxx 00xx Xxxxxx =Xxx Xxxx, Xxx Xxxx 00000 Type Of Offering: Said Note offered is offered directly by the Company to the Holder of the Note for Consideration(s) set forth in the Note. The Note is being offered on a private placement basis to Subscribers who are “accredited investors”, exempt from the prospectus and registration requirements of the United States. The Offering shall comply with all applicable securities laws to the satisfaction of the Company, and the Subscriber shall execute and deliver such subscription documents as may be necessary or customary in Regulation D private placements. The Securities be issued by the Company shall be done in accordance with a Private Placement Subscription Agreement (the “Subscription Agreement“) between the Company and Subscriber. The Subscription Agreement will contain certain covenants, representations, warranties and indemnities of the Company for the benefit of the Subscribers of a nature and scope customary in private placements of this type, and certain covenants, representations, warranties and indemnities of the Subscribers for the benefit of the Company of a nature and scope customary in private placements of this type.
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Prepayment Terms shall be: Prepayment is not permitted, unless approved by Holder in writing.
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Prepayment Terms. May not be prepaid, in whole or in part, prior to the maturity date. Maximum Term: 5 years
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Examples of Prepayment Terms in a sentence

  • Prepayment Incentives --------------------- Prepayment Terms (30 day, 15 day and 7 day): The prepayment is a one- time payment equivalent to thirty (30) or fifteen (15) or seven (7) days worth of purchases (based on the most recent three-month purchase history) which is held as a deposit by McKesson.

  • Only the lowest vehicle categories may be rented against cash or cheque payment (see section ‘Specific Rental Terms') Please refer to the section "Prepayment Terms & Conditions" for additional information.

  • PREPAYMENT OF WELL COSTS FOR SUBSEQUENT WELLS(a) Prepayment Terms.

  • The amount initially charged will be refunded on your credit card number if the required notice is given (see Prepayment Terms and Conditions, paragraph 5).

  • Prepayment Terms Lending terms in the Netherlands generally allow a borrower to prepay up to 10 to 15 per cent.

  • Don’t miss this chance to get “plugged in” to the hottest health and safety activist scene in the country.

  • Total Amount Exchange Rate: 3.672501 AED = 1.00 USD 0.00 AED 35,498.18 AED 0.00 USD 9,665.94 USD Terms of payment: Prepayment Terms of delivery: FCA Gersthofen This document is subject to our General Terms & Conditions and can be viewed on http://www.dieselturbo-middle-east.man.eu/downloads Offer has been made in accordance with our terms and conditions .

  • PREPAYMENT INCENTIVES Prepayment Terms (30 day, 15 day and 7 day): The prepayment is a one-time payment equivalent to thirty (30) or fifteen (15) or seven (7) days worth of purchases (based on the most recent three-month purchase history) which is held as a deposit by McKesson.

  • XXXX XXXX 1903150120 Prepayment Terms 3%, 3%, 3% 3%, 3%, 3%, 3%, 3% Verified Seller agreed and updated their tape.

  • Borrower shall pay estimated fees as follows: Loan Fee $2,500.00 From Account 000000451028112 Prepayment Terms.


More Definitions of Prepayment Terms

Prepayment Terms. May not be prepaid, in whole or in part, prior to the maturity date. Maximum Term: 5 years Maturity Date: The last day of the month determined based on the term selected and the date of advance.
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Prepayment Terms. Prepayment of 100% (one hundred percent) of said Note is permitted at any time in the form of the following: (1) cash or (2) other negotiated form of payment mutually agreed to in writing. No penalty for pre- payment. Use of Proceeds: Working capital (including payment of commissions), acquisitions, marketing. Commissions: The Company will pay to Broker (for itself and other selling agents) a commission in the form of cash equal in value to five percent (5%) of the gross proceeds from the sale of the Common Stock under the Subscription Agreement, as well as ten percent (10%) in common stock. Payment: Principal Sum will be funded by the Holder upon signing the Note. Payment Checks: Checks to be made payable to Network 1 Financial Group Inc. Wire Instructions: Wire transfers should be sent to: Account Name: Network 1 Financial Group Inc ACCOUNT No.: 381030508634 Domestic A/B/A No: 026009594 International Swift Code: BXXXXX0X BANK: Bank of America 100 Xxxx 00xx Xxxxxx =Xxx Xxxx, Xxx Xxxx 00000
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Prepayment Terms has the meaning given to it in Section 3.3(c).
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Prepayment Terms shall be: The aggregate balance attributable to each payment of Consideration may be prepaid, after providing the Lender 20 trading days’ advance written notice, at any time after one year from the time of such payment of Consideration in the amount of 125% of the outstanding Principal Sum, interest, OID, and any other fees or damages.
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Related to Prepayment Terms

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

  • Mandatory Prepayment Amount for any Debentures shall equal the sum of (i) the greater of: (A) 130% of the principal amount of Debentures to be prepaid, plus all accrued and unpaid interest thereon, or (B) the principal amount of Debentures to be prepaid, plus all other accrued and unpaid interest hereon, divided by the Conversion Price on (x) the date the Mandatory Prepayment Amount is demanded or otherwise due or (y) the date the Mandatory Prepayment Amount is paid in full, whichever is less, multiplied by the VWAP on (x) the date the Mandatory Prepayment Amount is demanded or otherwise due or (y) the date the Mandatory Prepayment Amount is paid in full, whichever is greater, and (ii) all other amounts, costs, expenses and liquidated damages due in respect of such Debentures.

  • Specified Discount Prepayment Notice means an irrevocable written notice of a Borrower Offer of Specified Discount Prepayment made pursuant to Section 2.11(a)(ii)(B) substantially in the form of Exhibit I.

  • Prepayment means, with respect to any Receivable, any prepayment, whether in part or in full, in respect of such Receivable.

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

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

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

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

  • Borrower Offer of Specified Discount Prepayment means the offer by any Company Party to make a voluntary prepayment of Term Loans at a Specified Discount to par pursuant to Section 2.05(a)(v)(B).

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

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

  • 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.

  • ECF Prepayment Amount has the meaning assigned to such term in Section 2.11(b)(i).

  • prepayment meter means a meter that can be programmed to allow the flow of pre-purchased amounts of energy in an electrical circuit;

  • Specified Discount Prepayment Response Date has the meaning set forth in Section 2.05(a)(v)(B)(1).

  • 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.

  • 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.

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

  • Acceptance and Prepayment Notice means a notice of the Borrower’s acceptance of the Acceptable Discount in substantially the form of Exhibit M.

  • 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.

  • Waivable Mandatory Prepayment shall have the meaning assigned to such term in Section 2.11(e).

  • Mandatory Prepayments has the meaning given to such term in Section 1.2(b).

  • Mandatory Prepayment shall have the meaning set forth in Section 2.1(c).

  • 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.

  • 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.

  • Prepayment Premium Period means the period during which, if a prepayment of principal occurs, a prepayment premium will be payable by Borrower to Lender. The Prepayment Premium Period is the period from and including the date of this Note until but not including the first day of the Window Period.