Prepayment Price Clause Samples

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Prepayment Price. 8 Principal office of the Trustee......................................... 8
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Prepayment Price. In the case of prepayment of the entire Loan pursuant to any provision of this Article, the prepayment price shall be the sum of the following: (a) To the Trustee, an amount of money equal to the amount of all principal, interest and any premium required to be paid in connection with the corresponding redemption of Bonds under the Indenture (plus any premium payable with respect to Bonds theretofore redeemed), plus (b) to the Trustee or to the persons to whom Additional Payments are or will be due, an amount of money equal to the Additional Payments accrued and which will accrue until final maturity of the Bonds or until the appropriate redemption date if the Bonds are to be redeemed; provided that this portion of such prepayment price will be deemed paid if provisions acceptable to the Trustee, the Bank, the Remarketing Agent and the Issuer are made for paying such Additional Payments as they become due. The Issuer shall be entitled to rely upon a certificate or opinion of Bond Counsel that such funds are sufficient for all purposes under this Agreement and the Indenture.
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Prepayment Price. Prepayment of the Notes to be prepaid pursuant to this Section 8.8 shall be at 100% of the principal amount of such Notes, together, in all cases, with interest on such Notes accrued to the Proposed Prepayment Date. The prepayment shall be made on the Proposed Prepayment Date. No prepayment under this Section 8.8 shall include any premium or Make-Whole Amount of any kind.
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Prepayment Price. On any Prepayment Date, the Company shall prepay the GMT Note held by you at the Prepayment Price plus interest accrued thereon to the Prepayment Date. Payment of the Prepayment Price shall be made as provided in Section 11.5. The Prepayment Price shall be determined by you in good faith, as of 5:00 p.m., New York time, on the fifth Business Day prior to the Prepayment Date. Such Prepayment Price, as calculated by you, will be binding upon the Company, absent manifest error. Promptly upon such determination you shall notify the Company in writing of the amount of such Prepayment Price, setting forth in reasonable detail the computation thereof.
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Prepayment Price. (a) In the case of a partial prepayment pursuant to Section 10.01 hereof, the prepayment price shall equal the principal amount so redeemed plus accrued interest thereon to the date of redemption, without penalty or premium. The principal so redeemed shall be applied so as to reduce the Principal Balance of the Note but there shall be no reduction in the quarterly payments of principal and interest that are due thereon. (b) In the case of prepayment of the entire Loan pursuant to Sections 10.01 or 10.02 hereof, the prepayment price shall be a sum sufficient, together with any other funds available for that purpose, to pay, or redeem and pay the Principal Balance of the Bond then Outstanding at the applicable payment price, as to principal and interest to said payment date all as set forth in the Bond, and to pay all Additional Charges and Administration Expenses accrued and to accrue through final payment of the Bond and all other liabilities of Borrower accrued and to accrue hereunder through final payment of the Bond.
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Prepayment Price. Interest After Date Fixed for Principal Payment . . . . . . . . . . . . . . . . . . . . . . . 16 ---- ----------------------------------------------- SECTION
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Prepayment Price. 8 Principal Office of the Trustee . . . . . . . . . . . . . . . . . . 8
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Prepayment Price. Prepayment Price shall mean, at any time, with respect to any repayment or prepayment of the Notes at such time (whether voluntary or involuntary) or, following an Event of Default, any acceleration or demand for payment of the Notes at such time, the principal amount of Notes (including any payment in kind interest accrual) being redeemed or repaid multiplied by the applicable price percentage set forth below: November 30, 2007 through November 30, 2009 105% December 1, 2009 through January 30, 2011 102.5% Maturity Date 100% ; provided, however, in the event that the repayment or prepayment occurs in connection with a sale of all or substantially all of the Company’s assets or Common Stock, then the Prepayment Price shall be the principal amount of Notes being redeemed or repaid multiplied by the applicable price percentage set forth below: November 30, 2007 through November 30, 2008 103% December 1, 2008 through November 30, 2009 102% December 1, 2009 through January 30, 2011 101% Maturity Date 100% ; provided further that, if the Holders shall have received on or prior to May 30, 2009 an aggregate amount of (i) fees, (ii) interest and (iii) cash in connection with the Holders exercising their “put” rights hereunder in an amount equal to or greater than 12,000,000, the Prepayment Price Percentage applicable to any repayment or prepayment made in connection with a sale of all or substantially all of the Company’s assets or Common Stock shall be 100%. Projections. See Section 4.7(a)(ii).
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Prepayment Price. 9 Proceeding.................................................... 9
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Related to Prepayment Price

  • Prepayment Fee The Prepayment Fee, when due hereunder, to be shared between the Lenders in accordance with their respective Pro Rata Shares; and

  • Prepayment Premium Borrower will be required to pay a prepayment premium in connection with certain prepayments of the Indebtedness, including a payment made after Lender’s exercise of any right of acceleration of the Indebtedness, as provided in the Note.

  • Prepayment Fees Borrower agrees to pay to each New Term Loan Lender the following prepayment fees, if any: [ ].

  • Prepayment (a) Provided no Event of Default has occurred and is continuing, Borrower may voluntarily prepay the Indebtedness in full and not in part (i) only on or prior to the day that is two (2) years after the Start-Up Day, and such prepayment shall be subject to payment of Prepayment Premium, and (ii) only on or after the date which is sixty (60) days prior to the Maturity Date and there shall be no Prepayment Premium or penalty assessed against Borrower by reason of such prepayment; provided, however, that Borrower shall give to Lender at least fifteen (15) days prior written notice of any such prepayment. Any prepayment of the Loan shall be made on a Payment Date, and if any such prepayment is not made on a Payment Date, Borrower shall also pay to Lender interest calculated at the Interest Rate that would have accrued on such prepaid Principal Indebtedness through the end of the Interest Accrual Period in which such prepayment occurs. Notwithstanding the foregoing, Permitted Transfers, defeasance in accordance with Section 2.10 and Property Substitutions in accordance with Section 2.14 are not prepayments. (b) Subject to Section 8.40, at any time during the term of the Loan, if any Borrower is required by Lender under the provisions of any Mortgage to prepay the Loan or any portion thereof in the event of damage to or destruction of, or a Taking of any Individual Property, such Borrower shall pay any Insurance Proceeds or Condemnation proceeds in the following manner and order of priority (i) first, to prepay the Loan to the full extent of the Insurance Proceeds or the Condemnation Proceeds, as applicable, to the extent of the Allocated Loan Amount for the applicable Individual Property, and (ii) to the Borrowers. (c) All prepayments of the Indebtedness made pursuant to this Section shall be applied by Lender in accordance with the provisions of Section 2.7 hereof. (d) No Borrower shall be permitted at any time to prepay all or any part of the Loan except as expressly provided in this Section.

  • Prepayment Premiums As of the applicable date of origination of each such Mortgage Loan, any prepayment premiums and yield maintenance charges payable under the terms of the Mortgage Loans, in respect of voluntary prepayments, constituted customary prepayment premiums and yield maintenance charges for commercial mortgage loans.