Common use of Partial Prepayment Clause in Contracts

Partial Prepayment. The City will have the option to prepay the Basic Rent Payments in part, upon giving written notice to the Trustee at least 45 days before the date of such prepayment, at any time on or after the anniversary of the Dated Date, at the Prepayment Price equal to the Principal Portion of Basic Rent being so prepaid plus the Interest Portion of Basic Rent accrued thereon to such Basic Rent Payment Date. The Principal Portion of Basic Rent prepaid pursuant to the provisions of this Section 10.02 will be in integral multiples of $5,000 and will be credited against such Basic Rent Payments as shall be determined by the City in its sole and absolute discretion. Upon any partial prepayment, the amount of each Interest Portion of Basic Rent coming due thereafter will be reduced by the amount of such Interest Portion attributable to such prepaid Principal Portion determined by applying the annual interest rate corresponding to such prepaid Principal Portion as shown on Exhibit B.

Partial Prepayment. The City will shall have the option to prepay the Basic Rent Payments in part, upon giving written notice to the Trustee at least 45 30 days before the date of such prepayment, at on any time date occurring on or after the anniversary date stated for Optional Prepayment in Section 5.02(a) of the Dated DateDeclaration of Trust, at the a Prepayment Price equal to the Principal Portion of Basic Rent being so prepaid plus the Interest Portion of Basic Rent accrued thereon to such Basic Rent Payment Datedate. The Principal Portion of Basic Rent prepaid pursuant to the provisions of this Section 10.02 will shall be in integral multiples of $5,000 and will shall be credited against such Basic Rent Payments as shall be determined by the City in its sole and absolute discretioninverse order of maturity. Upon any partial prepayment, the amount of each Interest Portion of Basic Rent coming due thereafter will shall be reduced by the amount of such Interest Portion attributable to such prepaid Principal Portion determined by applying the annual interest rate corresponding to such prepaid Principal Portion as shown on Exhibit B.A.

Partial Prepayment. The City will have the option to prepay the Basic Rent Payments in part, upon giving written notice to the Trustee at least 45 30 days before the date of such prepayment, at on any time Basic Rent Payment Date occurring on or after the anniversary of the Dated Date, 20 , at the Prepayment Price equal to the Principal Portion of Basic Rent being so prepaid plus the Interest Portion of Basic Rent accrued thereon to such Basic Rent Payment Date. The Principal Portion of Basic Rent prepaid pursuant to the provisions of this Section 10.02 will be in integral multiples of $5,000 and will be credited against such Basic Rent Payments as shall be determined by the City in its sole and absolute discretion. Upon any partial prepayment, the amount of each Interest Portion of Basic Rent coming due thereafter will be reduced by the amount of such Interest Portion attributable to such prepaid Principal Portion determined by applying the annual interest rate corresponding to such prepaid Principal Portion as shown on Exhibit B.A.