Term Loan Optional Prepayments definition
Examples of Term Loan Optional Prepayments in a sentence
The Borrowers may, at their option, at any time and from time to time, prepay (each a "Term Loan Optional Prepayment" and collectively the "Term Loan Optional Prepayments") the Term Loan, in whole or in part, upon five (5) Business Days prior written notice, specifying the date and amount of prepayment.
Partial UK Term Loan Optional Prepayments shall be applied against the principal installments of the UK Term Loan in the inverse order of their maturities.
Partial Term Loan Optional Prepayments shall be in an amount not less than the aggregate amount of the next principal installment under the Term Note and shall be applied first to all accrued and unpaid interest on the principal of the Term Note, then to the any principal payment due at maturity and then to principal against the principal installments in the inverse order of their maturity.
Partial Term Loan Optional Prepayments shall be in an amount not less than the amount of the next principal installment under the Term Note and shall be applied first to all accrued and unpaid interest on the principal of the Term Note, then to the balloon payment due at maturity and then to principal against the principal installments in the inverse order of their maturity.
Subject to the provisions of Section 2.6.4(Indemnity), the Borrower may, at its option, at any time and from time to time, prepay (each a "Term Loan Optional Prepayment" and collectively the "Term Loan Optional Prepayments") the Term Loans, in whole or in part, upon five (5) Business Days prior written notice, specifying the date and amount of prepayment.
Partial Term Loan Optional Prepayments shall be applied as follows: (i) fifty percent (50%) to all of the remaining principal installments due on account of the Term Loans on a pro rata basis and (ii) fifty percent (50%) to principal against the principal installments of the Term Loans in the inverse order of their maturities.
Partial Dutch Term Loan Optional Prepayments shall be in an amount not less than $50,000 and shall be applied first to all accrued and unpaid interest on the principal of the Dutch Term Loan, then to the balloon payments due at maturity and then to principal against the principal installments in the inverse order of their maturity.
Subject to the limitations and fees of Section 2.6.4 (Indemnity), the U.S. Borrower may, at its option, at any time and from time to time, prepay (each a "U.S. Term Loan Optional Prepayment" and collectively the "U.S. Term Loan Optional Prepayments") the U.S. Term Loan, in whole or in part, upon five (5) Business Days prior written notice, specifying the date and amount of prepayment.
The Borrower shall have the option, at any time and from time to time, to prepay (each a "Term Loan Optional Prepayment" and collectively the "Term Loan Optional Prepayments") the Term Loan, in whole or in part, upon five (5) Business Days prior written notice, specifying the date and amount of prepayment.
The Borrowers shall have the option, at any time and from time to time, to prepay (each a "Term Loan Optional Prepayment" and collectively the "Term Loan Optional Prepayments") the Term Loan, in whole or in part, upon five (5) Business Days prior written notice, specifying the date and amount of prepayment.