Common use of Notice of Optional Prepayments Clause in Contracts

Notice of Optional Prepayments. The Company shall give each holder of Notes to be prepaid under this Section 8.2 (with a copy to each other holder of Notes) written notice of each optional prepayment of Notes under this Section 8.2 not less than five business days prior to the date fixed for such prepayment. Each such notice shall specify such date, the aggregate principal amount of the Notes to be prepaid on such date, the principal amount of each Note held by such holder to be prepaid (determined in accordance with Section 8.3), and the interest to be paid on the prepayment date with respect to such principal amount being prepaid.

Appears in 2 contracts

Sources: Note Purchase Agreement (Icahn Carl C), Note Purchase Agreement (Xo Holdings Inc)

Notice of Optional Prepayments. The Company shall give each holder of Notes to be prepaid under this Section 8.2 (with a copy to each other holder of Notes) written notice In the case of each optional prepayment of Notes under this Section 8.2 8.2, the Company will give written notice thereof to each holder of any of the Notes not less than five business 30 nor more than 60 days prior to the date fixed for such prepayment. Each such notice shall specify , in each case specifying such date, the aggregate principal amount of the each Series of Notes to be prepaid on such date, the principal amount of each Note Note, if any, held by such holder to be prepaid (determined in accordance with Section 8.3)on such date, and the amount of interest to be paid on the prepayment date with respect to such principal amount being prepaidaccrued to such date and the premium, if any, applicable to such prepayment.

Appears in 1 contract

Sources: Note Agreement (Seagull Energy Corp)