Principal Payment Dates. Subject to the provisions set forth below, payments of the principal amount of this Subordinated Note shall be made as follows: (a) The principal amount of this Subordinated Note shall be reduced from time to time pursuant to Section 2.2 of the Purchase Agreement; (b) The entire remaining outstanding balance of this Subordinated Note shall be paid on the Final Maturity Date. Subject to the provisions set forth below, the principal amount of and accrued interest on this Subordinated Note may be prepaid on any Business Day without premium or penalty.
Appears in 4 contracts
Sources: Joinder Agreement (Davey Tree Expert Co), Subordinated Note (Davey Tree Expert Co), Receivables Sale and Contribution Agreement (DCP Midstream, LP)
Principal Payment Dates. Subject to the provisions set forth below, payments of the principal amount of this Subordinated Note shall be made from Available Funds as follows:
(a) The principal amount of this Subordinated Note shall be reduced from time to time pursuant to in accordance with Section 2.2 1.3 of the Purchase Receivables Sale Agreement;
(b) The entire remaining outstanding balance Outstanding Balance of this Subordinated Note shall be paid on the Final Maturity Date. Subject to the provisions set forth below, the principal amount of and accrued interest on this Subordinated Note may be prepaid from Available Funds on any Business Day prior to the Seller's Sale Termination Date without premium or penalty.
Appears in 2 contracts
Sources: Receivables Sale Agreement (Boston Scientific Corp), Receivables Sale Agreement (Boston Scientific Corp)
Principal Payment Dates. Subject to the provisions set forth below, payments of the principal amount of this Subordinated Note shall be made as follows:
(a) The principal amount of this Subordinated Note shall be reduced from time to time pursuant to Section 2.2 3.1 of the Purchase Transfer Agreement;; and
(b) The entire remaining outstanding balance of this Subordinated Note shall be paid on the Final Maturity Date. Subject to the provisions set forth below, the principal amount of and accrued interest on this Subordinated Note may be prepaid on any Business Day without premium or penalty.
Appears in 1 contract
Principal Payment Dates. Subject to the provisions set forth below, payments of the principal amount of this Subordinated Note shall be made as follows:
(a) The principal amount of this Subordinated Note shall be reduced from time to time pursuant to Section 2.2 Sections 3.2 of the Purchase Agreement;
(b) The entire remaining outstanding balance of this Subordinated Note shall be paid on the Final Maturity Date. Subject to the provisions set forth below, the principal amount of and accrued interest on this Subordinated Note may be prepaid on any Business Day without premium or penalty.
Appears in 1 contract
Sources: Subordinated Note (Hunt J B Transport Services Inc)