Common use of Optional Prepayment of Notes Clause in Contracts

Optional Prepayment of Notes. The Company may at any time, upon notice as provided in Section 8.3 hereof, prepay the Notes, in whole or in part (in a minimum principal amount of $10,000,000 and otherwise in multiples of $50,000), at the principal amount being so prepaid, together with interest accrued on such principal amount being prepaid to the date of such prepayment, plus the applicable Make-Whole Premium (if any) for each such Note.

Appears in 2 contracts

Sources: Note Assumption and Exchange Agreement, Note Assumption and Exchange Agreement (Consolidated Edison Inc)