Prepayment. Except as otherwise provided in Section 8, the Company may prepay all or any part of the principal of this Note at any time or from time to time without premium, or penalty of any kind whatsoever. In the event that the Company prepays less than the entire outstanding principal amount of the Note, the Company shall deliver to the holder hereof upon such prepayment a replacement Note representing the remaining outstanding principal thereof.
Appears in 252 contracts
Sources: Purchase and Sale Agreement (Otis Gallery LLC), Purchase and Sale Agreement (Otis Gallery LLC), Purchase and Sale Agreement (Otis Gallery LLC)
Prepayment. Except as otherwise provided in Section 8, the Company may prepay all or any part of the principal of and accrued interest on this Note at any time or from time to time without premium, or penalty of any kind whatsoever. In the event that the Company prepays less than the entire outstanding principal amount of the Note, the Company shall deliver to the holder hereof upon such prepayment a replacement Note representing the remaining outstanding principal thereof.
Appears in 11 contracts
Sources: Promissory Note (RSE Collection, LLC), Promissory Note (RSE Collection, LLC), Promissory Note (RSE Collection, LLC)
Prepayment. Except as otherwise provided in Section 8, the Company may prepay all or any part of the principal of this Note at any time or from time to time without premium, or penalty of any kind whatsoever. In the event that the Company prepays less than the entire outstanding principal amount of the Note, the Company shall deliver to the holder hereof upon such prepayment a replacement Note representing the remaining outstanding principal thereof.
Appears in 8 contracts
Sources: Convertible Promissory Note (Casa Shares Assets, LLC), Convertible Promissory Note (Casa Shares Assets, LLC), Promissory Note (Compound Projects, LLC)
Prepayment. Except as otherwise provided in Section 8, the Company may prepay all or any part of the principal of this Note at any time or from time to time without premium, or penalty of any kind whatsoever. In the event that the Company prepays less than the entire outstanding principal amount of the Note, the Company shall deliver to the holder hereof upon such prepayment a replacement Note representing the remaining outstanding principal thereof.
Appears in 6 contracts
Sources: Promissory Note (Mission Property Holdings LLC), Promissory Note (Mission Property Holdings LLC), Promissory Note (Mission Property Holdings LLC)
Prepayment. Except as otherwise provided in Section 8, the Company may prepay all or any part of the principal of Principal Amount and accrued interest on this Note at any time or from time to time without premium, or penalty of any kind whatsoever. In the event that the Company prepays less than the entire outstanding principal amount Principal Amount and interest of the Note, the Company shall deliver to the holder hereof upon such prepayment a replacement Note note representing the remaining outstanding principal thereof.
Appears in 1 contract