Common use of Voluntary prepayment Clause in Contracts

Voluntary prepayment. The Borrower shall not be entitled to prepay the whole or any part of the Facility prior to the expiration of the Drawdown Period. As from the day following the expiration of the Drawdown Period, the Borrower may prepay the whole or any part of the Facility, subject to the following conditions: (a) the Borrower shall notify the Lender of its intention to prepay by not less than thirty (30) Business Days’ written and irrevocable notice prior to the contemplated prepayment date; (b) the amount to be prepaid shall be equal to one or several instalment(s) in principal; (c) the contemplated prepayment date shall be a Payment Date;

Voluntary prepayment. The Borrower shall not be entitled to prepay the whole or any part of the Facility prior to the expiration date of a six (6) year period starting on the Drawdown PeriodSigning Date. As from the day following date referred to in the expiration of the Drawdown Periodprevious paragraph, the Borrower may prepay the whole or any part of the Facility, subject to the following conditions: (a) the Borrower shall notify the Lender of its intention to prepay by not less than thirty (30) Business Days’ written and irrevocable notice prior to the contemplated prepayment date; (b) the amount to be prepaid shall be equal to one or several instalment(s) in principal; (c) the contemplated prepayment date shall be a Payment Date;

Voluntary prepayment. The Borrower shall not be entitled to prepay the whole or any part of the Facility prior to the expiration date of a five years (5) period starting on the Drawdown PeriodSigning Date. As from the day following date referred to in the expiration of the Drawdown Periodprevious paragraph, the Borrower may prepay the whole or any part of the Facility, subject to the following conditions: (a) the Borrower shall notify the Lender of its intention to prepay by not less than thirty (30) Business Days’ written and irrevocable notice prior to the contemplated prepayment date; (b) the amount to be prepaid shall be equal to one or several instalment(s) in principal; (c) the contemplated prepayment date shall be a Payment Date;