Example ContractsClausesmandatory prepaymentVariants
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Mandatory Prepayment Upon an Acceleration. If the Growth Capital Term Loan Advances are accelerated following the occurrence of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of # all accrued and unpaid interest with respect to each Growth Capital Term Loan Advance through the date the prepayment is made, plus # all unpaid principal with respect to each Growth Capital Term Loan Advance, plus # the Final Payment, plus # the Make-Whole Premium, plus # all other sums, including Bank Expenses, if any, that shall have become due and payable with respect to the Growth Capital Term Loan Advances, including interest at the Default Rate with respect to any past due amounts.

Mandatory Prepayment Upon an Acceleration. If the Growth Capital Term Loan Advances are accelerated following the occurrence and during the continuance of an Event of Default, BorrowerCo-Borrowers shall immediately pay to Bank an amount equal to the sum of # all outstanding principal, plus accrued and unpaid interest with respect to each Growth Capital Term Loan Advance through the date the prepayment is made, plus # all unpaid principal with respect to each Growth Capital Term Loan Advance, plusAdvances, # the Final Payment, plus # the Make-Whole Premium, plusPrepayment Fee, and # all other sums, including Bank Expenses, if any, that shall have become due and payable hereunder in connection with respect to the Growth Capital Term Loan Advances, including interest at the Default Rate with respect to any past due amounts.Advances.

Mandatory Prepayment Upon an Acceleration. If the Growth Capital Term Loan Advances areis accelerated following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of # all outstanding principal, plus accrued and unpaid interest with respect to each Growth Capital Term Loan Advance through the date the prepayment is made, plus # all unpaid principal with respect to each Growth Capital Term Loan Advance, plusthereon, # the Final Payment, plus # the Make-Whole Premium, plusPayment and # all other sums, including Bank Expenses, if any, that shall have become due and payable hereunder in connection with respect to the Growth Capital Term Loan Advances, including interest at the Default Rate with respect to any past due amounts.Loan.

Mandatory Prepayment Upon an Acceleration. IfVoluntary Prepayment. At Borrower’s option, so long as no Event of Default has occurred and is continuing, Borrower shall have the option to prepay all, but not less than all, of the outstanding Growth Capital Term Loan Advances, provided Borrower # shall provide written notice to Bank of its election to exercise to prepay the Growth Capital Term Loan Advances are accelerated followingat least five (5) Business Days prior to such prepayment, and # pays, on the occurrencedate of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum ofprepayment # all accrued and unpaid interest with respect to each Growth Capital Term Loan Advance through the date the prepayment is made,made; plus # all unpaid principal with respect to each Growth Capital Term Loan Advance,Advance; plus # the Final Payment,Payment; plus # the Make-Whole Premium,Premium; plus # all other sums, including Bank Expenses, if any, that shall have become due and payable with respect to the Growth Capital Term Loan Advances, including interest at the Default Rate with respect to any past due amounts. Notwithstanding the foregoing, Bank agrees to waive the Make-Whole Premium if Bank closes on the refinance and re-documentation of this Agreement itself or under another division of Bank (in its sole and exclusive discretion) prior to the Growth Capital Term Loan Maturity Date.

Mandatory Prepayment Upon an Acceleration. If the Growth CapitalRefinancing Term Loan Advances areis accelerated following the occurrence of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of # all outstanding principal with respect to the Refinancing Term Loan, plus accrued and unpaid interest with respect to each Growth Capital Term Loan Advance through the date the prepayment is made, plus # all unpaid principal with respect to each Growth Capital Term Loan Advance, plus # the Final Payment, plus # the Make-Whole Premium, plusthereon and # all other sums, including Bank Expenses, if any, that shall have become due and payable hereunder in connection with respect to the Growth CapitalRefinancing Term Loan Advances,Loan, including interest at the Default Rate with respect to any past due amounts.

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