Common use of Prepayment Amount Clause in Contracts

Prepayment Amount. The City may prepay any Term Loan in whole, or in part in a minimum amount of $1,000,000 and in integral multiples of $100,000 in excess thereof, in each case without penalty on one Business Day’s prior written notice.

Appears in 4 contracts

Sources: Letter of Credit and Reimbursement Agreement, Letter of Credit and Reimbursement Agreement, Letter of Credit and Reimbursement Agreement