Prepayment of the 2010 Installment Payments Sample Clauses

Prepayment of the 2010 Installment Payments. The District may prepay the principal installments of the 2010 Installment Payments becoming due and payable on and after July 1, 2021, on any date on or after July 1, 2020, as a whole or in part (with each prepayment from such dates as may be selected by the District in integral multiples of five thousand dollars ($5,000) principal amount), from any source of available funds, at a prepayment price equal to the principal amount prepaid plus accrued interest thereon to the date of prepayment, without a prepayment premium. Before making any prepayment pursuant to this section, the District shall give written notice to the Corporation specifying the date on which the prepayment will be made, which date shall be not less than sixty-five (65) days from the date such notice is given. Notwithstanding any such prepayment, the District shall not be relieved of its obligations hereunder until all 2010 Installment Payments shall have been fully paid (or provision for the payment thereof shall have been made pursuant to Section 7.01).
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Related to Prepayment of the 2010 Installment Payments

  • Treatment of Installment Payments Each payment of termination benefits under this Agreement shall be considered a separate payment, as described in Treas. Reg. Section 1.409A‑2(b)(2), for purposes of Section 409A of the Code.

  • Installment Payments Notwithstanding Section 3.01, the Executive may elect by written notice to receive any payments due to him hereunder by way of periodic or installment payments.

  • Termination; Advance Payments Upon termination of this Lease pursuant to Paragraph 6.2(g) or Paragraph 9, an equitable adjustment shall be made concerning advance Base Rent and any other advance payments made by Lessee to Lessor. Lessor shall, in addition, return to Lessee so much of Lessee's Security Deposit as has not been, or is not then required to be, used by Lessor.

  • Principal Payments Originator is authorized and directed by SPV to enter on the grid attached hereto, or, at its option, in its books and records, the date and amount of each loan made by it which is evidenced by this Subordinated Note and the amount of each payment of principal made by SPV, and absent manifest error, such entries shall constitute prima facie evidence of the accuracy of the information so entered; provided that neither the failure of Originator to make any such entry or any error therein shall expand, limit or affect the obligations of SPV hereunder.

  • Optional Principal Payments 8 Method of Selecting Types and Interest Periods for New Advances..........................................12 2.9 Conversion and Continuation of Outstanding Advances......................................................12 2.10 Changes in Interest Rate, etc...........................................................................12 2.11