Common use of Required Prepayments; Maturity Clause in Contracts

Required Prepayments; Maturity. (a) No regularly scheduled prepayments are due on the Series 2015 Notes prior to their stated maturity and the entire unpaid principal balance of the Series 2015 Notes shall be due and payable on the stated maturity thereof. (b) Each Series and tranche, if applicable, of Additional Notes shall be subject to required prepayments as specified in the Supplement pursuant to which such Series and tranche, if applicable, of Additional Notes are issued.

Appears in 2 contracts

Sources: Note Purchase Agreement (Tetra Technologies Inc), Note Purchase Agreement (Tetra Technologies Inc)