Examples of Prepayments in a sentence
Prepayments shall be accompanied by accrued interest to the date of prepayment on the principal amount prepaid.
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.
Prepayments shall be accompanied by accrued interest in the case of Term Benchmark Loans to the extent required by Section 2.10.
Amounts entered on this account will be treated as Prepayments to which Our Discount as applied to Your Current Account will apply.
Subject to the terms of the Note Purchase Agreement and the Note, the Borrower shall pay accrued interest on the outstanding principal amount of each Advance: (i) on each Payment Date, as and to the extent specified in clause (a) above; (ii) on each prepayment date (to the extent required in Section 3.05 (Prepayments)); and (iii) at maturity (whether by acceleration or otherwise).