Prepayment. For purposes of this section, “Year 1” shall be defined as the period from the date hereof to the first anniversary hereof, “Year 2” shall mean the subsequent twelve (12) month period, “Year 3” shall mean the twelve (12) months period following Year 2, and so forth. If all or any portion of the Loan is prepaid for any reason (excluding applications of any casualty or condemnation proceeds), the Borrower shall pay to Lender a prepayment fee equal to:
Prepayment. Notwithstanding anything to the contrary contained in this Note, the Borrower may prepay the amounts outstanding hereunder pursuant to the following terms and conditions:
Prepayment. Notwithstanding anything to the contrary contained in this Note, the Borrower may prepay any amount outstanding under this Note, at any time, by making a payment to the Holder of an amount in cash equal to 130% multiplied by the total outstanding amount owed under the Note at such time of prepayment. In order to prepay this Note, the Borrower shall provide notice to the Holder ten (10) business days prior to such respective prepayment date, and the Holder must receive such prepayment within twelve (12) business days of the Holder’s receipt of the respective prepayment notice, but not sooner than ten (10) business days from the date of notice (the “Prepayment Period”). The Holder may convert the Note in whole or in part at any time during the Prepayment Period, subject to the terms and conditions of this Note.
Prepayment. The Borrower shall have the option to prepay principal in whole or in part, plus all accrued interest without a prepayment charge, provided that a minimum of three (3) business days’ notice is given to the Lender, and provided that the Borrower shall be liable for any swap termination or adjustment costs. No amounts repaid or prepaid may be re-borrowed. All such prepayments shall be applied to accrued but unpaid interest before being applied to principal. Partial prepayments shall be applied against payments of the most remote maturity. Until the Loan is paid in full (principal and interest), no optional prepayment shall be credited to or relieve the Borrower to any extent from its obligation thereafter to pay any monthly installment of interest, any monthly installment of principal, any required payment, or any other payment required under the Loan.
Prepayment. All or a portion of the unpaid principal and interest due under this Note may be prepaid by the Company without premium or penalty prior to January 20, 2018, by delivering payment in U.S. Funds of such amount being prepaid
Prepayment. Maker shall have the right to prepay all or any part of the principal amount of this Note from time to time without penalty.
PREPAYMENT. Prepayment of the Principal Amount and interest may be made at any time, in any amount, without penalty.
Mandatory. (i) The Borrower shall, on the date of receipt of # any Net Cash Proceeds by the Borrower or any of its Subsidiaries in connection with the Spin-Off, and # any other Net Cash Proceeds (other than the proceeds of # any borrowing under the Revolving Credit Agreement or # commercial paper, in each case made in the ordinary course of business) in excess of $1,000,000,000, prepay an aggregate principal amount of the Advances comprising part of the same Borrowings in an amount equal to the amount of such Net Cash Proceeds (or, in the case of [clause (y) above], in the amount of such excess).
Mandatory. If the Company shall fail to select the duration of any Interest Period for any Eurocurrency Rate Loans in accordance with the provisions contained in the definition of Interest Period in Section 1.01, the [[Person A:Person]] will forthwith so notify the Company and the Lenders, whereupon each such Eurocurrency Rate Loan will automatically, on the last day of the then existing Interest Period therefor, if it is a Eurocurrency Rate Loan denominated in Dollars, Convert into a Base Rate Loan or if it is a Eurocurrency Rate Loan denominated in a Currency other than Dollars, be continued as a Eurocurrency Rate Loan in its original Currency with an Interest Period of one month.
Mandatory. (i) If the Administrative Agent notifies the [[Organization A:Organization]] at least two Business Days prior to any interest payment date that, on such interest payment date, the sum of # the aggregate principal amount of all Advances denominated in Dollars plus the aggregate Available Amount of all Letters of Credit denominated in Dollars then outstanding plus # the Equivalent in Dollars (determined on the third Business Day prior to such interest payment date) of the aggregate principal amount of all Advances denominated in Committed Currencies plus the aggregate Available Amount of all Letters of Credit denominated in Committed Currencies then outstanding exceeds 105% of the aggregate Revolving Credit Commitments of the Lenders on such interest payment date, the [[Organization A:Organization]] shall, as soon as practicable and in any event within two Business Days after receipt of such notice, prepay the outstanding principal amount of any Advances owing by the [[Organization A:Organization]] in an aggregate amount sufficient to reduce such sum to an amount not to exceed 100% of the aggregate Revolving Credit Commitments of the Lenders as of such interest payment date; provided that if the [[Organization A:Organization]] has Cash Collateralized Letters of Credit in accordance with [Section 2.20(a)], the aggregate Available Amount of the outstanding Letters of Credit shall be deemed to have been reduced by the amount of such Cash Collateral. The Administrative Agent shall give prompt notice of any prepayment required under this [Section 2.11(c)(i)] to the [[Organization A:Organization]] and the Lenders.
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