Common use of Series B Notes Clause in Contracts

Series B Notes. On November 26 in each of the years 2001 through 2005 (so long as any Series B Notes shall remain outstanding), the Company will prepay, and there shall become due and payable, $4,166,667.00 in principal amount of the Series B Notes (or such lesser principal amount of Series B Notes as shall then be outstanding). Each such prepayment pursuant to this SECTION 3.1(b) shall be at 100% of the principal amount so to be prepaid together with interest accrued thereon to the date of such prepayment, without premium. On November 26, 2006, the Company will pay, and there shall become due and payable, the entire remaining unpaid principal amount of Series B Notes, together with all interest accrued thereon. No prepayment of less than all the Series B Notes pursuant to SECTION 3.2 shall relieve the Company of its obligation to make (nor shall it reduce the amount of) the prepayments of principal of the Series B Notes required by this SECTION 3.1(b).

Series B Notes. On November 26 in each of the years 2001 through 2005 (so long as any Series B Notes shall remain outstanding), the Company will prepay, and there shall become due and payable, $4,166,667.00 in principal amount of the Series B Notes (or such lesser principal amount of Series B Notes as shall then be outstanding). Each such prepayment pursuant to this SECTION 3.1(b3.1(B) shall be at 100% of the principal amount so to be prepaid together with interest accrued thereon to the date of such prepayment, without premium. On November 26, 2006, the Company will pay, and there shall become due and payable, the entire remaining unpaid principal amount of Series B Notes, together with all interest accrued thereon. No prepayment of less than all the Series B Notes pursuant to SECTION 3.2 shall relieve the Company of its obligation to make (nor shall it reduce the amount of) the prepayments of principal of the Series B Notes required by this SECTION 3.1(b3.1(B).