Prepayments Payments Sample Clauses

Prepayments Payments. Taxes 45 5.01 Voluntary Prepayments 45 5.02 Mandatory Repayments 46 5.03 Method and Place of Payment 46 5.04 Net Payments 46

Prepayments Payments. Taxes 16 4.01

Prepayments Payments. (a) The Borrower shall have the right to prepay (without premium or penalty) the Loans in whole or in part from time to time on the following terms and conditions: (i) the Borrower shall give the Agent written notice (or telephonic notice promptly confirmed in writing), which notice shall be irrevocable, of its intent to prepay the Loans, at least one Business Day prior to a prepayment, which notice shall specify the amount of such prepayment, and (ii) each prepayment shall be in an aggregate principal amount of $100,000 or any integral multiple of $50,000 in excess thereof. The Agent shall promptly transmit any such notice to each of the Lenders. (b) If at any time the aggregate principal amount of the outstanding Loans plus the aggregate Letter of Credit Liability exceeds the Maximum Revolving Credit Amount, the Borrower will within three Business days (i) prepay the Loans in an amount necessary to cause the aggregate principal amount of the outstanding Loans plus the aggregate Letter of Credit Liability to be equal to or less than the Maximum Revolving Credit Amount, and (ii) if, after giving effect to the prepayment in full of the Loans the aggregate Letter of Credit Liability exceeds the Maximum Revolving Credit Amount, deposit into the Collateral Account (Extraordinary Proceeds) an amount equal to 105% of the amount by which the aggregate Letter of Credit Liability exceeds the Maximum Revolving Credit Amount. (c) Upon the Maturity Date, the Total Commitment shall be terminated in full and the Borrower shall pay the Loans in full and, except as the Agent may otherwise agree in writing, if any Letter of Credit remains outstanding, deposit into the Collateral Account (Collections) an amount equal to 105% of the amount by which the sum of the aggregate Letter of Credit Liability exceeds the amount of cash held in the Collateral Account (Collections), such cash to be remitted to the Borrower only upon the expiration, cancellation, satisfaction or other termination of such reimbursement obligations.

Prepayments Payments. (a) Publisher shall have the right voluntarily to prepay the Loans in whole or in part from time to time without premium or penalty, but together with all interest owing on the amount being prepaid, in principal amounts not less than $250,000, provided that Publisher shall give Distributor written notice (or telephonic notice promptly confirmed in writing), of its intent to prepay all or part of the Loans, at least one Business Day prior to such prepayment, which notice shall specify the amount of such prepayment. (b) On each Payment Date, Publisher shall be required to make a principal prepayment on the Loans in an amount equal to 32.5% of Net Receipts for the previous fiscal month of Distributor. Each mandatory prepayment of principal required to be made on each Payment Date shall be deducted, pursuant to Section 5.3(a)(v) hereof, from the amount otherwise payable to the Publisher pursuant to Section 5.3, and may, in the Distributor's sole discretion, be set off against amounts otherwise payable to Publisher under Section 5.3(a). Each such deduction and application shall be made third in order of priority, following deduction of the Service Fee and accrued interest then payable; provided, however, that nothing contained herein shall limit, extinguish or reduce the Publisher's unconditional, general obligation to repay all amounts owing from time to time hereunder or under the other Loan Documents. (c) All payments to be made to Distributor by Publisher under this Agreement (including, without limitation, under this Article VI), shall be made by Publisher without set-off, counterclaim or any other deduction by Publisher. Notwithstanding any other provision of this Agreement, all amounts payable by customers or any other Person in connection with Distribution of the Products shall be payable directly to Distributor for deposit to the Collateral Account (as defined in the Security Agreement of Publisher), for distribution in accordance with the terms hereof and thereof, and to the extent of any inconsistency between any Security Agreement and this Agreement, the terms of the relevant Security Agreement shall govern and control. All payments shall be made in lawful money of the United States of America in immediately available funds to such account as may be specified from time to time in writing to Publisher.

Prepayments Payments. 24 Section 2.9....................................................................Method and Place of Payment 25 Section 2.10..........................................................................................Fees 25 Section 2.11.............................................................................Increased Capital 26 Section 2.12.........................................................................................Taxes 26 Section 2.13......................................................................Change of Lending Office 27 Section 2.14 .........................Participation Purchased by Lenders in the Letter of Credit Liability 28 Section 2.15............................................................................Priority and Liens 29 Section 2.16.............................................................................Professional Fees 30 Section 2.17........................................................................Payment of Obligations 31 Section 2.18..............................................................No Discharge; Survival of Claims 31

Prepayments Payments. 10 2.1. Prepayments........................................................................10 2.2. Method and Place of Payment........................................................11 SECTION 3. Conditions Precedent to Effective Date.......................11 3.1. Execution of Agreement; Notes......................................................11 3.2. Officer's Certificate..............................................................11

Prepayments Payments. ** indicates information which has been omitted pursuant to a confidential treatment request filed separately with the Commission.

Prepayments Payments. Past Due Payments............................................20 3.3

Prepayments Payments. 18 SECTION 2.05 Interest.................................................................................20 SECTION 2.06 Continuations, Interest Rate Determination...............................................20 SECTION 2.07 Fees.....................................................................................21 SECTION 2.08 Increased Costs, Etc.....................................................................21 SECTION 2.09 Payments and Computations................................................................23 SECTION 2.10 Taxes....................................................................................24 SECTION 2.11 Sharing of Payments, Etc.................................................................27