Common use of Prepayment by the Borrower Clause in Contracts

Prepayment by the Borrower. The Borrower may prepay the Notes in whole or in part at any time after the Purchaser has exercised a purchase right under Section 3.2 of the Exchange Agreement; otherwise, the Notes may not be prepaid at the option of the Borrower.

Appears in 2 contracts

Sources: Note Purchase Agreement (Ixl Enterprises Inc), Note Purchase Agreement (Scient Inc)