Prepayment Clause Example with 5 Variations from Business Contracts

This page contains Prepayment clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Prepayment. Upon the prior written consent of Investor, the Company may prepay this Note in whole or in part; provided that: (i) any prepayment of this Note may only be made in connection with the prepayment of all Notes issued under the Agreement on a pro rata basis, based on the respective aggregate outstanding principal amounts of each such Note, and (ii) any such prepayment will be applied first to the payment of expenses due under this Note, second to interest accrued on this Note and third, if the amo...unt of prepayment exceeds the amount of all such expenses and accrued interest, to the payment of principal of this Note. View More
Found in Surna Inc. contract

Variations of a "Prepayment" Clause from Business Contracts

Prepayment. Upon This Note may be prepaid without the prior written consent of Investor, the Company may prepay bBooth. If this Note in whole or in part; provided that: (i) any prepayment of this Note may only be made in connection with the prepayment of all Notes issued under the Agreement on a pro rata basis, based on the respective aggregate outstanding principal amounts of each such Note, and (ii) any is prepaid, such prepayment will be applied first to the payment of expenses due under this Note, secon...d to interest accrued on this Note and third, if the amount of prepayment exceeds the amount of all such expenses and accrued interest, to the payment of principal of this Note. View More
Found in 2 Contracts from Verb Technology Company, Inc.
Prepayment. Upon the prior written consent of Investor, the The Company may prepay this Note in whole or in part; provided that: (i) any prepayment of this Note may only be made in connection with the prepayment of all Notes issued under the Agreement on a pro rata basis, based on the respective aggregate outstanding principal amounts of each such Note, and (ii) that any such prepayment will be applied first to the payment of expenses due under this Note, second to interest accrued on this Note and third, i...f the amount of prepayment exceeds the amount of all such expenses and accrued interest, to the payment of principal of this Note. View More
Found in 5 Contracts from 2 Companies
Prepayment. Upon At any time after the Original Issue Date, upon fifteen (15) days prior written consent of Investor, notice to the Holder, the Company may prepay this Note in whole or in part; provided provided, however, that: (i) any prepayment of this Note may only be made in connection with the prepayment of all Notes issued under the Agreement Memorandum on a pro rata basis, based on the respective aggregate outstanding principal amounts of each such Note, (ii) the Company pays all accrued and (ii) unp...aid interest on the date of such prepayment, and (iii) any such prepayment will be applied first to the payment of expenses due under this Note, second to interest accrued on this Note and third, second, if the amount of prepayment exceeds the amount of all such expenses and accrued interest, to the payment of principal of this Note. View More
Found in ALLDIGITAL HOLDINGS, INC. contract
Prepayment. Upon At any time after the Exchange Date, upon fifteen (15) days prior written consent of Investor, notice to the Holder, the Company may prepay this Note in whole or in part; provided provided, however, that: (i) any prepayment of this Note may only be made in connection with the prepayment of all Notes issued under the Agreement on a pro rata basis, based on the respective aggregate outstanding principal amounts of each such Note, (ii) the Company pays all accrued and (ii) unpaid interest on t...he date of such prepayment, and (iii) any such prepayment will be applied first to the payment of expenses due under this Note, second to interest accrued on this Note and third, second, if the amount of prepayment exceeds the amount of all such expenses and accrued interest, to the payment of principal of this Note. View More
Found in ALLDIGITAL HOLDINGS, INC. contract
Prepayment. Upon the five day prior written consent of notice to Investor, the Company may prepay this Note in whole or in part; provided that: (i) any prepayment of this Note may only be made in connection with the prepayment of all Notes issued under in the Agreement Convertible Note Financing on a pro rata basis, based on the respective aggregate outstanding principal amounts of each such Note, and (ii) (ii)] any such prepayment will be applied first to the payment of expenses due under this Note, second... to interest accrued on this Note and third, if the amount of prepayment exceeds the amount of all such expenses and accrued interest, to the payment of principal of this Note. View More
Found in Reven Housing REIT, Inc. contract