Common use of Prepayments Generally Clause in Contracts

Prepayments Generally. Each prepayment of principal under this section shall be accompanied by all of the interest then accrued and unpaid on the principal so prepaid. Any principal or interest prepaid pursuant to this section shall be in addition to, and not in lieu of, all payments otherwise required to be paid under the Loan Documents at the time of such prepayment.

Appears in 2 contracts

Sources: Loan Agreement (Acacia Research Corp), Credit Agreement (Kolibri Global Energy Inc.)

Prepayments Generally. Each prepayment of principal under this section Section shall be accompanied by all of the interest then accrued and unpaid on the principal so prepaid. Any principal or interest prepaid pursuant to this section Section shall be in addition to, and not in lieu of, all payments otherwise required to be paid under the Loan Documents at the time of such prepayment.

Appears in 1 contract

Sources: Credit Agreement (Comfort Systems Usa Inc)

Prepayments Generally. Each prepayment of principal under this section shall be accompanied by all of the interest then accrued and unpaid on the principal so prepaid. Any principal or interest prepaid pursuant to this section shall be in addition to, and not in lieu of, all payments otherwise required to be paid under the Loan Documents at the time of such prepayment.

Appears in 1 contract

Sources: Credit Agreement