Partial Release Price. Upon the closing of the sale of each Unit, a mandatory principal payment in an amount equal to twenty percent (20%) of the Net Sales Proceeds from the sale of such Unit shall be payable. If at any time, the Working Capital LOC has no outstanding balance, the entire (or remaining) balance of said partial release price shall be applied to and allocated among the other Facilities at the Bank's sole discretion.
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Partial Release Price. Upon the closing of the sale of each Unit, a mandatory principal payment in an amount equal to twenty seventy percent (2070%) of the Net Sales Proceeds from the sale of such Unit shall be payable. If at any timethe then outstanding balance of the Construction LOC has been fully paid, the Working Capital LOC has no outstanding balancepartial release price shall be applied to the Facilities in the order specified below. If, and as each Facility is paid in full, the entire (or remaining) balance of said partial release price shall be applied to and allocated among the other Facilities at next Facility in the Bank's sole discretion.following order of priority:
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