Common use of Required Prepayments of the Notes Clause in Contracts

Required Prepayments of the Notes. (a) The Series A Notes shall not be subject to a required prepayment prior to the final maturity thereof. (b) On March 30, 2011 and on each March 30 thereafter to and including March 30, 2014, the Obligors will prepay $3,000,000 aggregate principal amount of the Series B Notes (or such lesser principal amount of the Series B Notes as shall at the time be outstanding), at the principal amount of the Series B Notes so prepaid, without premium, together with interest accrued thereon. No acquisition of the Series B Notes by either Obligor or any of their Affiliates shall relieve the Obligors from their obligation to make the required prepayments provided for in this Section 9.1(b). (c) Any partial prepayment of the Notes pursuant to Section 9.2, 9.3 or 9.4 shall be applied pro rata to the Series A Notes and the Series B Notes then outstanding to reduce (i) in the case of the Series A Notes, the outstanding principal amount of the Series A Notes and (ii) in the case of the Series B Notes, the prepayments required under Section 9.1(b) pro rata; provided that, in the case of the Series B Notes, any amounts prepaid pursuant to Section 9.3 on March 30, 2011 or any March 30 thereafter to and including March 30, 2014, may be applied first to satisfy the prepayment required on such date under Section 9.1(b). (d) On the maturity date of each series of Notes, the Obligors will pay the then outstanding principal amount of such series of Notes together with interest accrued thereon.

Required Prepayments of the Notes. (a) The Series A Notes shall not be subject to a required prepayment prior to the final maturity thereof. (b) On March 30April 1, 2011 2006 and on each March 30 thereafter to and including March 30April 1, 20142007, the Obligors will prepay $3,000,000 2,500,000 aggregate principal amount of the Series B A Notes (or such lesser principal amount of the Series B A Notes as shall at the time be outstanding), at the principal amount of the Series B A Notes so prepaid, without premium, together with interest accrued thereon. No acquisition of the Series B A Notes by either Obligor or any of their Affiliates shall relieve the Obligors from their obligation to make the required prepayments provided for in this Section 9.1(b9.1(a). (b) The Series B Notes shall not be subject to a required prepayment prior to the final maturity thereof. (c) Any partial prepayment of the Notes pursuant to Section 9.2, 9.3 or 9.4 shall be applied pro rata to the Series A Notes and the Series B Notes then outstanding to reduce (i) in the case of the Series A Notes, the outstanding principal amount of the Series A Notes prepayments required under Section 9.1(a) pro rata and (ii) in the case of the Series B Notes, the prepayments required under Section 9.1(b) pro rataoutstanding principal amount of the Series B Notes; provided that, in the case of the Series B A Notes, any amounts prepaid pursuant to Section 9.3 on March 30April 1, 2011 2006 or any March 30 thereafter to and including March 30April 1, 20142007, may be applied first to satisfy the prepayment required on such date under Section 9.1(b9.1(a). (d) On the maturity date of each series of Notes, the Obligors will pay the then outstanding principal amount of such series of Notes together with interest accrued thereon.