Prepayment mechanics. Any sum demanded by the Bank pursuant to Article 4.3.A, together with any interest or other amounts accrued or outstanding under this Contract including, without limitation, any indemnity due under Article 4.3.C, shall be paid on the Prepayment Date indicated by the Bank in its notice of demand.
Prepayment mechanics. Upon presentation by the Borrower to the Bank of a Prepayment Request, the Bank shall issue a Prepayment Notice to the Borrower, not later than 15 (fifteen) days prior to the Prepayment Date. The Prepayment Notice shall specify the Prepayment Amount, the accrued interest due thereon, the Prepayment Indemnity payable under Article 4.2.B or, as the case may be, that no indemnity is due, the method of application of the Prepayment Amount and if a Prepayment Indemnity is applicable, the deadline by which the Borrower may accept the Prepayment Notice. If the Borrower accepts the Prepayment Notice no later than by the deadline (if any) specified in the Prepayment Notice, the Borrower shall effect the prepayment. In any other case, the Borrower may not effect the prepayment. The Borrower shall accompany the payment of the Prepayment Amount by the payment of accrued interest, the Prepayment Indemnity and the fee under Article 4.2.D, if any, due on the Prepayment Amount, as specified in the Prepayment Notice. If the Borrower prepays a Tranche on a date other than a relevant Payment Date, or if the Bank exceptionally accepts, solely upon the Bank’s discretion, a Prepayment Request with prior notice of less than 30 (thirty) calendar days, the Borrower shall pay to the Bank an administrative fee in such amount as the Bank shall notify to the Borrower.
Prepayment mechanics. Upon presentation by the Borrower to the Bank of a Prepayment Request, the Bank shall issue a Prepayment Notice to the Borrower, not later than 15 (fifteen) days prior to the Prepayment Date. The Prepayment Notice shall specify the Prepayment Amount, the accrued interest due thereon, the Prepayment Indemnity payable under Article 4.2.B or, as the case may be, that no indemnity is due, the method of application of the Prepayment Amount and the Acceptance Deadline. If the Borrower accepts the Prepayment Notice no later than by the Acceptance Deadline, it shall effect the prepayment. In any other case, the Borrower may not effect the prepayment. The Borrower shall accompany the prepayment by the payment of accrued interest and indemnity, if any, due on the Prepayment Amount, as specified in the Prepayment Notice.
Prepayment mechanics. Any sum demanded by the Bank pursuant to Article 4.03A, together with any interest or other amounts accrued and outstanding and any indemnity due under Article 4.03C, shall be paid on the date indicated by the Bank which date shall fall not less than 30 (thirty) days from the date of the Bank’s notice of demand and shall be applied in accordance with Article 10.05.
Prepayment mechanics. The Bank shall notify the Borrower, not later than 15 days prior to the Prepayment Date, of the Prepayment Amount, of the interest due thereon, and, in case of prepayment of a Fixed-Rate Tranche, Revisable Rate Tranche or FSFR Tranche, of the indemnity payable under Article 4.02B or, as the case may be, that no indemnity is due. Not later than the Acceptance Deadline (as defined below), the Borrower shall notify the Bank either:
(i) that it confirms the Prepayment Notice on the terms specified by the Bank; or (ii) that it withdraws the Prepayment Notice. If the Borrower gives the confirmation under (i), it shall effect the prepayment. If the Borrower withdraws the Prepayment Notice or fails to confirm it in due time, it may not effect the prepayment. Save as aforesaid, the Prepayment Notice shall be binding and irrevocable. The Borrower shall accompany the prepayment by the payment of accrued interest and indemnity, if any, due on the Prepayment Amount. For the purpose of this Article 4.02C, the ‘‘Acceptance Deadline” for a notice is: (i) 16h00 Luxembourg time on the day of delivery, if the notice is delivered by 14h00 on a Luxembourg Business Day; or (ii) 11h00 on the next following day which is a Luxembourg Business Day, if the notice is delivered after 14h00 Luxembourg time on any such day or is delivered on a day which is not a Luxembourg Business Day.
Prepayment mechanics. The Bank shall notify the Borrower, not later than 15 (fifteen) days prior to the Prepayment Date, of the Prepayment Amount, of the accrued interest due thereon and of the indemnity payable under Article 4.02B or, as the case may be, that no indemnity is due. Not later than the Acceptance Deadline, the Borrower shall notify the Bank either:
Prepayment mechanics. The Bank shall notify the Borrower, not later than 15 (fifteen) days prior to the Prepayment Date, of the Prepayment Amo- unt, of the accrued interest due thereon and of the indemnity payable under Article 4.02B or, as the case may be, that no indemnity is due. Not later than the Acceptance Deadline, the Borrower shall notify the Bank either:
(a) that it confirms the Prepayment Notice on the terms specified by the Bank; or
(b) that it withdraws the Prepayment Notice. If the Borrower gives the confirmation under paragraph (a) above, it shall effect the prepayment. If the Borrower with- draws the Prepayment Notice or fails to confirm it in due time, it may not effect the prepayment. Save as aforesaid, the Prepayment Notice shall be binding and irrevocable. The Borrower shall accompany the prepayment by the payment of accrued interest and indemnity, if any, due on the Prepayment Amount.
Prepayment mechanics. 25 4.3.C PREPAYMENT INDEMNITY 25 4.4 GENERAL 25 4.4.A NO PREJUDICE TO ARTICLE 10 25 4.4.B NO REBORROWING 25
Prepayment mechanics. Any sum demanded by the Bank pursuant to Article 4.03 (1), together with any interest accrued, shall be paid on the date indicated by the Bank, which date shall fall not less than thirty (30) days from the date of the Bank’s notice of demand. If, moreover, the Borrower prepays a Tranche on a date other than a relevant Payment Date, the Borrower shall indemnify the Bank in such amount as the Bank shall certify is required to compensate it for receipt of funds otherwise than on a relevant Payment Date.
4.03(3) Application of partial prepayments