Prepayment Contract Clauses (1,405)

Prepayment. Maker shall have the right to prepay the indebtedness, in full or in part and without penalty or payment of any fee or premium, at any time prior to the Maturity Date.

Prepayment. This Note may be prepaid prior to the Maturity Date at the option of Maker in cash, without premium or penalty, at the Principal amount so to be prepaid, together with interest accrued thereon to the date fixed for such prepayment; provided, however, that in no event may any such prepayment or other cash payment be made until and unless Maker shall have given prior written notice of its intent to pay all or any portion of this Note to Payee, which notice shall be given not less than ten (10) nor... more than thirty (30) days prior to the date fixed for such payment in such notice and shall specify the amount so to be paid and the date fixed for such payment (the "Notice Period"). Notwithstanding any provision of this Note to the contrary, during such Notice Period, Payee may exercise Payee's rights under Section 3 of this Note to cause the Conversion all or any part of the Unpaid Balance to Conversion Shares. Subject to the foregoing, upon the giving of notice of its payment, Maker shall pay on the date therein fixed for any such payment. View More

Prepayment. Except as contemplated by Section 11(b)(ii) of the Master Security Agreement and except as specifically provided below, Maker may not prepay, in whole or in part, the Principal outstanding hereunder; provided, however, that commencing on the date following the 1-month anniversary of the Funding Date, Maker may prepay, in whole but not in part, the principal outstanding hereunder by paying to Holder such outstanding principal, together with all accrued and unpaid interest thereon, plus a prepayme...nt premium ("Prepayment Premium") equal to a percentage of the outstanding principal calculated as follows: Months Prepayment Premium 1-12 3.0% 13-24 2.0% 25-End of Term 1.0% Form No. 04-550NOTE.31 6. Application of Payments. Prior to Default, each payment received on this Note shall be applied in the following order: (a} all costs of collection, (b) any unpaid late payment charges, (c} any Prepayment Premium, (d} Interest accrued as of the payment date and (e} the balance, if any, to outstanding Principal as of the date received. Upon the occurrence and during the continuance of a Default, any payments in respect of the Secured Obligations and any proceeds of the Collateral when received by Holder in cash or its equivalent, will be applied first to costs of collection and, thereafter, in reduction of the Secured Obligations in such order and manner as Holder may direct in its sole discretion. Maker irrevocably waives the right to direct the application of such payments and proceeds and acknowledges and agrees that Holder shall have the continuing and exclusive right to apply any and all such payments and proceeds in the Holder's sole discretion, notwithstanding any entry to the contrary upon any of its books and records 7. Security. Payment of the Principal and Interest hereunder, and the performance and observance by Maker of all agreements, covenants and provisions contained herein, is secured by a first priority security interest in the Collateral. View More

Prepayment. The indebtedness evidenced by this Note may be prepaid in whole or in part at any time without penalty.

Prepayment. This Note may be prepaid, in whole or in part, by Maker at any time or from time to time, without penalty or premium and without advance notice to Payee, provided, however, that (i) Maker shall pay all then-accrued interest in connection with any such prepayment, and (ii) Maker acknowledges that the Payee will have fully earned the Issuable Shares upon Payee's timely funding of the Initial Principal Amount, such that prepayment of this Note shall have no effect on Payee's ownership of the Issuab...le Shares. View More

Prepayment. At any time that the Note remains outstanding, upon not less than five business days' written notice (the "Prepayment Notice") to the Holder, the Borrower may pay 110% of the entire Outstanding Principal Amount of the Note plus any accrued but unpaid interest. If the Borrower gives written notice of prepayment, the Holder shall agree to withhold any attempts to convert the Convertible Note for a period of (3) business days beginning upon receipt of the Prepayment Notice. Should the Borrower fail... to make the Prepayment within the (3) business days, the Holder shall regain its right to convert the Note into shares of Common Stock of the Borrower. "Material Adverse Effect" means (i) any condition, occurrence, state of facts or event having, or insofar as reasonably can be foreseen would likely have, any material adverse effect on the legality, validity or enforceability of the Transaction Documents or the transactions contemplated thereby, (ii) any condition, occurrence, state of facts or event having, or insofar as reasonably can be foreseen would likely have, any effect on the business, operations, properties or financial condition of the Borrower that is material and adverse to the Borrower and its Subsidiaries, taken as a whole, and/or (iii) any condition, occurrence, state of facts or event that would, or insofar as reasonably can be foreseen would likely, prohibit or otherwise materially interfere with or delay the ability of the Borrower to perform any of its obligations under any of the Transaction Documents to which it is a party. Neither this Note nor any term hereof may be amended, waived, discharged or terminated other than by a written instrument signed by the Borrower and the Holder. View More

Prepayment. The Borrower shall have the right to prepay any amounts outstanding hereunder at any time and from time to time without penalty or premium, in whole or in part; subject, however, to payment of any break funding indemnification amounts owing pursuant to the paragraph entitled "Break Funding Indemnification" below. Upon request of Borrower, prepayments of the Facility shall be applied to reduce (i.e., reamortize) the subsequent scheduled payments of the Facility as set forth herein, so long as any... such prepayment (a) shall not be less than One Million Dollars ($1,000,000.00), and (b) shall be made concurrently with a regularly scheduled payment due on a Reset Date. For the avoidance of doubt, prepayments made pursuant to the preceding sentence shall not be deemed or construed by any party as (i) permitting Borrower to avoid making any regularly scheduled payments hereunder, or (ii) modifying the Maturity Date. View More

Prepayment. The Maker may prepay the principal balance of this Note at any time and from time to time, in whole or in part, without premium or penalty.

Prepayment. This Note may be prepaid without the consent of the Investor without penalty, provided, however, Borrower must provide the Investor at least 30 days' prior written notice of any such prepayment so the Investor may exercise its conversion rights hereunder. Borrower shall use commercially reasonable best efforts to prepay the outstanding principal amount of this Note on or before September 30, 2021.

Prepayment. This Note may be prepaid in whole or in part at any time without premium or penalty. Any such prepayment shall be applied first to accrued and unpaid interest and the balance, if any, shall be applied to the principal amount then outstanding.