Common use of Series D Notes Clause in Contracts

Series D Notes. On March 12, 2020 and on each March 12 thereafter to and including March 12, 2025 the Company will prepay $10,714,285.71 principal amount (or such lesser principal amount as shall then be outstanding) of the Series D Notes at par and without payment of the Make-Whole Amount or any premium, provided that upon any partial prepayment of the Series D Notes pursuant to Section 8.2 or any partial purchase of the Series D Notes pursuant to Section 8.5, the principal amount of each required prepayment of the Series D Notes becoming due under this Section 8.1(c) on and after the date of such prepayment or purchase shall be reduced in the same proportion as the aggregate unpaid principal amount of the Series D Notes is reduced as a result of such prepayment or purchase.