Exceptions to Prepayment Prohibitions Clause Samples

Exceptions to Prepayment Prohibitions. Notwithstanding anything in Section 2.8(a) to the contrary, the following prepayments shall not require the payment of the Prepayment Premium: (i) principal payments scheduled under the Note including those payments required pursuant to Section 2.7; (ii) prepayments of the Loan resulting from prepayments of the Collateral by Purchasers which have not been solicited by Borrower in breach of the terms and conditions of Section 6.2(e); or (iii) prepayments resulting from the acceleration of the Loan under the Loan Documents. Any such prepayment shall not relieve Borrower of its obligation to make all regularly scheduled payments due under the Loan Documents. 
Exceptions to Prepayment Prohibitions. Notwithstanding anything in paragraph 2.8(a) to the contrary, the following shall not be prepayments prohibited pursuant to paragraph 2.8(a) or require the payment of the Receivables Loan Prepayment Premium: (i) principal payments scheduled under the Receivables Loan Note including, without limitation, those payments required pursuant to paragraphs 2.7 and 3.2 unless due to an intentional misrepresentation or breach of warranty by Borrower or Guarantor concerning the Receivables Collateral qualifying as Eligible Instruments; and (ii) prepayments of the Receivables Loan resulting from prepayments of the Receivables Collateral by Purchasers which have not been solicited by Borrower in breach of the terms and conditions of paragraph 6.2(e).
Exceptions to Prepayment Prohibitions. Notwithstanding anything ------------------------------------- in paragraph 5.3 (a) to the contrary, principal payments required pursuant to paragraph 5.2 shall not be deemed to be prepayments prohibited pursuant to paragraph 5.3(a) and such principal payments shall not be taken into account when determining compliance with the provisions of Section 5.3(a).
Exceptions to Prepayment Prohibitions. Notwithstanding anything in paragraph 2.9(a) to the contrary, principal payments scheduled under the Note and Partial Release Fees shall not be prepayments prohibited pursuant to such paragraph or require the payment of a Prepayment Premium:
Exceptions to Prepayment Prohibitions. Notwithstanding anything in paragraph 2.8(a) to the contrary, the following shall not be prepayments prohibited pursuant to paragraph 2.8(a) or require the payment of the Construction Loan Prepayment Premium, the Receivables Loan Prepayment Premium or the Working Capital Loan Prepayment Premium: (i) principal payments scheduled under the Receivables Loan Note, including, without limitation, those payments required pursuant to paragraphs 2.7 and 3.2 unless due to an intentional misrepresentation or breach of warranty by Borrower concerning the Receivables Collateral qualifying as Eligible Instruments; (ii) prepayments of the Receivables Loan resulting from prepayments of the Receivables Collateral by Purchasers which have not been solicited by Borrower in breach of the terms and conditions of paragraph 6.2(e), (iii) prepayments of the Working Capital Loan through the application of Working Capital Loan Mandatory Payments, (iv) principal payments due under the Working Capital Loan Note required pursuant to paragraphs 2.7 and 3.2 unless due to an intentional misrepresentation or breach of warranty by Borrower concerning the Working Capital Loan Collateral qualifying as a Working Capital Loan Eligible Instrument; (v) prepayment of the Construction Loan through the application of Construction Loan Release Payments, or (vi) prepayments required pursuant to paragraph 2.1(d).
Exceptions to Prepayment Prohibitions. Notwithstanding anything in paragraph 5.3(a) to the contrary, the following shall not be prepayments prohibited pursuant to paragraph 5.3(a) or to require the payment of any Prepayment Premium: (i) principal payments scheduled under the Notes [including, without limitation, those payments required pursuant to paragraphs 5.2(a) and (unless due to an intentional misrepresentation or breach of warranty concerning the Receivables Collateral qualifying as Eligible Instruments) 5.2 (b)]; (ii) repayments of the Development Note made with proceeds of Receivables Loan Advances; and (iii) prepayments of the Receivables Loan resulting from prepayments of the Receivables Collateral by Purchasers which have not been solicited by Borrower in breach of its Obligations under this Agreement.
Exceptions to Prepayment Prohibitions. Notwithstanding anything in Section 2.11(a) to the contrary, the following shall not be prepayments prohibited pursuant to Section 2.11(a) or require the payment of any prepayment premium: (i) principal payments scheduled under the Note including, without limitation, those payments required pursuant Section 2.10 unless due to an intentional misrepresentation or breach of warranty concerning the Collateral qualifying as Eligible Instruments, (ii) prepayments of the Loan resulting from prepayments of the Collateral or (iii) partial prepayments that are in excess of $15,000,000, provided that such partial prepayments may not occur more frequently than twice during a calendar year.

Related to Exceptions to Prepayment Prohibitions

  • CONDITIONS TO ALL BORROWINGS The obligations of the Lenders to make any Loan or issue any Letter of Credit, whether on or after the Closing Date, shall also be subject to the satisfaction of the following conditions precedent:

  • Exceptions to obligations The obligations on the parties under this clause 14 will not be taken to have been breached to the extent that Confidential Information is: (a) disclosed by a party to its Experts in order to comply with obligations, or to exer- cise rights, under this Agreement; (b) required by Law to be disclosed; or (c) in the public domain otherwise than due to a breach of this clause 14.

  • Conditions to ▇▇▇▇▇’▇ Obligations The obligations of ▇▇▇▇▇ hereunder with respect to a Placement will be subject to the continuing accuracy and completeness of the representations and warranties made by the Company herein, to the due performance by the Company of its obligations hereunder, to the completion by ▇▇▇▇▇ of a due diligence review satisfactory to ▇▇▇▇▇ in its reasonable judgment, and to the continuing satisfaction (or waiver by ▇▇▇▇▇ in its sole discretion) of the following additional conditions:

  • Conditions to Obligations OF EACH PARTY TO EFFECT THE MERGER. The respective obligations of each party to this Agreement to effect the Merger shall be subject to the satisfaction at or prior to the Effective Time of the following conditions:

  • Conditions to Obligations of Parent The obligation of Parent to effect the Merger is also subject to the satisfaction, or waiver by Parent, at or prior to the Effective Time, of the following conditions: