Minimum Prepayment Amount definition
Examples of Minimum Prepayment Amount in a sentence
The Client may make prepayments based on the minimum prepayment amounts requirements as stated above, by providing the Financing Bank with a written notice at least 3 Business Days before the intended prepayment date (however, a prepayment for all remaining loan outstanding amount will not be subject to the restriction of Minimum Prepayment Amount).
If the amount prepaid by the Company does not equal or exceed the Minimum Prepayment Amount, the difference shall be immediately paid to the Holder by the Company.
Each partial prepayment of the Loans pursuant to this subsection shall be in an amount equal to or in excess of the Minimum Prepayment Amount, or, if less, the outstanding principal balance of the Revolving Loans or Term Loans, as the case may be.
No later than June -------------------------------- 28, 2002, unless the Administrative Agent shall otherwise agree, the Borrower will engage an investment advisor reasonably satisfactory to the Administrative Agent to assist it with Dispositions in connection with making the Minimum Prepayment Amount.
In the event that ----------------------------------- the Borrower has failed to make the Minimum Prepayment Amount by December 31, 2002, the Borrower will retain a management consultant (the "Management Consultant") by no Amendment No. 5 --------------- later than January 31, 2003.