Prepayment Right Sample Clauses

Prepayment Right. As set forth in the Note, in its sole discretion and upon giving the prior written notice set forth in the Note, the Company will have the right to pre-pay the entire then outstanding principal amount of the Note and all interest accrued thereon at any time with no penalty or premium of any kind (“Prepayment Right”); provided, that in the event that the Company elects to exercise its Prepayment Right, the Investor will have the option to convert up to twenty-five percent (25%) of the then outstanding principal amount of the Note and all interest accrued thereon, at a price per share equal to the lesser of the Cash Repayment Price and the Conversion Price (as each such terms is defined in the Note).

Prepayment Right. The Maker shall have the right to prepay all or a portion of the outstanding principal amount of this Note plus all accrued and unpaid interest thereon.

Prepayment Right. As set forth in the Note, at any time following the Prepayment Right Date and upon giving the prior written notice set forth in the Note , the Company will have the right to pre-pay the entire then-outstanding principal amount of the Note at any time (the “Prepayment Right”); provided, that in the event that the Company elects to exercise its Prepayment Right, the Investor will have the option to convert up to one-third (1/3) of the Principal Amount of the Note, at a price per share equal to the lesser of the Repayment Share Price or the Conversion Price (as each such term is defined in the Note).

Prepayment Right. The Company will have the right to pre-pay the entire Outstanding Principal Amount (as such term is defined in the Note) pursuant to the terms and conditions set forth in the Note.

Prepayment Right. As set forth in the Note, the Company will not have the right to pre-pay the entire then-outstanding principal amount of the Notes without the written consent of a Majority in Interest of the Investors.

Prepayment Right. Maker shall have the right to prepay at any time, in whole or in part, the Outstanding Principal Balance of this Note, without premium or penalty.

Prepayment Right. The Maker has the right to prepay this Note in lawful money of the United States with the written consent of the Holder. If this Note is prepaid in lawful money of the United States prior to an IPO, the payment amount shall equal 110% of the Principal Amount.

Prepayment Right. The Owner shall have the right to prepay the whole or any part of the unpaid balance of the amount due under this Agreement without penalty.

Prepayment Right. The outstanding principal amount of the Debentures may be prepaid in whole (but not in part) by the Company upon no less than thirty (30) Trading Days' written notice (the "PREPAYMENT NOTICE PERIOD") to the Holders at a redemption price of 115% of the outstanding principal amount, plus accrued interest plus any other amounts owed by the Company or the Subsidiary Guarantors under the Transaction Documents and the Subsidiary Guarantee, provided that (i) Effective Registration exists from the time of such notice through the date of such prepayment, (ii) no Event of Default has occurred and is continuing and (iii) each Holder shall have the right during the Prepayment Notice Period to convert all or part of its outstanding Debentures in accordance with the procedures and requirements described in Section 3 hereof but at a price equal to the Market Price for each day of any such conversions. If the Holders elect to convert only a portion of the Debentures, the Company shall have the right to prepay the remaining portion if all of the other conditions in this Section 1(g) are satisfied.