Optional Repayment Sample Clauses

Optional Repayment. Optional Repayments under Section 2.2 of the Policy may be made solely with respect to the “Survivor’s Option” described in Pricing Supplement No. 029 dated May 5, 2008 to the Prospectus Supplement dated December 9, 2005 related to the Program.

Optional Repayment. If a repayment right is specified in the applicable Note, such Note will be subject to repayment at the option of the Holder and the Company will repay the Note, or applicable portion thereof, on the repayment date(s), if any, indicated in the applicable Note. Such repayments shall be made in whole or in part on such repayment date(s) in increments of the authorized denominations specified in the applicable Note (provided that any remaining principal amount thereof shall be at least equal to the minimum authorized denomination applicable thereto), at the applicable repayment price (the "Repayment Price") (expressed as a percentage of the principal amount of the Notes for which repayment is requested) specified in the applicable Note (which unless otherwise specified in the applicable Note shall be 100%), together with unpaid interest, if any, accrued thereon to the date of repayment. For a Note to be repaid, the Indenture Trustee must receive, at its office, or at such other place or places of which the Company shall from time to time notify the Holders, not more than seventy-five (75) nor less than thirty (30) calendar days prior to the applicable date of repayment, (i) the applicable Note with the form entitled "Option to Elect Repayment," attached to the Note, duly completed by the Holder or (ii) a telegram, telex, facsimile transmission or a letter from a member of a national securities exchange or the National Association of Securities Dealers, Inc. or a commercial bank or a trust company in the United States setting forth the name of the Holder of the applicable Note, the principal amount thereof, the certificate number of the applicable Note or a description of the applicable Note's tenor and terms, the principal amount thereof to be repaid, a statement that the option to elect repayment is being exercised thereby and a guarantee that the applicable Note, together with the form entitled "Option to Elect Repayment" duly completed, will be received by the Indenture Trustee (or an agent on behalf of the Indenture Trustee) not later than the fifth Business Day after the date of such telegram, telex, facsimile transmission or letter; provided, that such telegram, telex, facsimile transmission or letter shall only be effective if the applicable Note and form duly completed are received by the Indenture Trustee (or an agent on behalf of the Indenture Trustee) by such fifth Business Day. Exercise of such repayment option by the Holder of a Note shall be irr...

Optional Repayment. Intentionally omitted.

Optional Repayment. If no repayment right is set forth on the face hereof, this Note may not be repaid at the option of the Holder hereof prior to the Stated Maturity Date. If a Repayment Right is granted on the face of this Note, this Note may be subject to repayment at the option of the Holder on any Interest Payment Date on and after the date, if any, indicated on the face hereof (each, a “Repayment Date”). On any Repayment Date, unless otherwise specified on the face hereof, this Note shall be repayable in whole or in part in increments of $1,000 at the option of the Holder hereof at a repayment price equal to 100% of the Principal Amount to be repaid, together with interest thereon payable to the date of repayment. For this Note to be repaid in whole or in part at the option of the Holder hereof, this Note must be received by the Indenture Trustee, with the form entitled “Option to Elect Repayment,” below, duly completed by the Indenture Trustee. Exercise of such repayment option by the Holder hereof shall be irrevocable.

Optional Repayment. If so specified above, this Note will be repayable prior to the Stated Maturity Date at the option of the registered holder on the Optional Repayment Date(s), if any, specified above. IF NO OPTIONAL REPAYMENT DATES ARE SET FORTH ABOVE, THIS NOTE MAY NOT BE REPAID AT THE OPTION OF THE HOLDER PRIOR TO THE STATED MATURITY DATE. On any Optional Repayment Date, this Note shall be repayable in whole or in part at the option of the holder hereof at a repayment price equal to 100% of the principal amount to be repaid, together with interest thereon payable to the date of repayment. For this Note to be repaid in whole or in part at the option of the holder hereof, this Note must be received, with the form below entitled "Option to Elect Repayment" duly completed, by the Trustee at The Bank of New York, ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, New York, New York 10186, or such other address of which the Corporation from time to time shall notify the holders of the Notes, not more than 60 nor less than 30 calendar days prior to an Optional Repayment Date. Exercise of such repayment option by the holder hereof shall be irrevocable.

Optional Repayment. (“Optional Redemption”). At the Company’s option and upon thirty (30) days’ notice to the Holder (the “Optional Redemption Notice”), the Note may be redeemed at any time at an amount equal to one hundred and twenty-five percent (125%) of the outstanding Principal and accrued and unpaid Interest (the “Optional Redemption Price”). Such notice shall specify the date of such Optional Redemption (the “Optional Redemption Date”). The foregoing notwithstanding, the Holder may convert any or all of this Note into shares of Common Stock pursuant to the terms of this Section 3 at any time the Note remains outstanding.

Optional Repayment. The Borrowers may, without premium or penalty and at any time and from time to time, repay to the Agent for the account of the Lenders the whole or any part of any Loan under any Credit Facility (as directed by the applicable Borrower) together with accrued interest thereon to the date of such repayment; provided that: (a) in anticipation of any repayment of any Loan, the applicable Borrower shall give a Conversion/Rollover/Repayment Notice to the Agent at least (i) 3 Banking Days prior to any such repayment in the case of LIBO Rate Loan, and (ii) 1 Banking Day prior to any such repayment, in the case of any other Loan; (b) each repayment of any Loan shall be in a minimum amount equal to the lesser of: (i) the applicable amounts set forth in Section 2.5(b); and (ii) the Outstanding Principal of all Loans outstanding immediately prior to such repayment; (c) repayments pursuant to this Section 7.2 may only be made on a Banking Day; (d) unless the Principal Borrower pays breakage costs pursuant to Section 7.4(a), each such repayment may only be made on the last day of the applicable Interest Period with regard to a LIBO Rate Loan that is being repaid; (e) a Bankers’ Acceptance (including a BA Equivalent Advance) may only be repaid on its maturity, but may be Cash Collateralized; and (f) a Letter of Credit may only be repaid if it is returned for cancellation, but may be Cash Collateralized.

Optional Repayment. (i) Borrowers may repay Advances (or a portion thereof) (an “Optional Repayment”) at any time prior to the Facility Termination Date (such date, “Optional Repayment Date”), without premium or penalty but subject to the payment of breakage fees (if applicable) and the limitations set forth in this Section 2(g), as further described herein, as long as, after payment of the applicable Repayment Amount, no Event of Default exists and is continuing. In connection with any such Optional Repayment, the related Borrower shall, if the release of the related Financed SF Property is requested by the related Borrower, pay to Administrative Agent the applicable Repayment Amount or, if a partial repayment is being made, the amount of such prepayment, on such Optional Repayment Date; provided that if such Optional Repayment Date is not a Remittance Date, the related Borrower shall also pay to Administrative Agent any amount due under Section 2(j). (ii) Borrowers may effect an Optional Repayment in connection with a sale or transfer of one or more Financed SF Properties to another Person (including an Affiliate of a Borrower); provided, that the amount remitted to the Concentration Account with respect to such Financed SF Properties (in the aggregate) equals or exceeds the Repayment Amount of such Financed SF Properties (in the aggregate) and no Default or Event of Default has occurred and is continuing. The related Borrower shall cause the Net Sale Proceeds to be remitted directly to the Concentration Account to be withdrawn, on a daily basis, and deposited in the Collection Account to be applied by Paying Agent on the next Activity Date as follows: (A) if such Activity Date is a Remittance Date, to apply such Net Sale Proceeds, together with all other Collections on deposit in the Collection Account, in accordance with Section 4(c), including, prior to the end of the Revolving Period, to the Class 1 Type Lenders and the Class 2 Type Lenders, pro rata, in respect of principal in an amount equal to the related Outstanding Advance Amount for such SF Property; (B) if such Activity Date is not a Remittance Date but is prior to the end of the Revolving Period, to apply such Net Proceeds, (1) first, to pay to the Class 1 Type Lenders and the Class 2 Type Lenders, pro rata, in respect of principal in an amount equal to the related Outstanding Advance Amount for such SF Property, (2) second, to retain in the Collection Account the amount necessary so the amount on deposit therei...

Optional Repayment. The applicable Borrower may at any time, on three Business Days’ notice to the Administration Agent by way of a Notice of Repayment or Cancellation, repay all or any part of the amount outstanding under a Credit Facility, together with interest thereon without penalty, bonus or premium, provided that, for any repayments under either the Acquisition Facility or the Operating Facility after the applicable Conversion Date for such Credit Facility, the aggregate Commitments of the Lenders under such Credit Facility shall be permanently reduced by the amount of such repayment. Subject to Section 2.18, no repayment may be made in respect of a Libor Advance on a day other than the last day of an Interest Period applicable to such Libor Advance and no repayment may be made in respect of a Bankers’ Acceptance on a date other than the maturity date of such Bankers’ Acceptance.