All Prepayments. Any prepayment of a LIBOR Loan on a day other than the last day of an Interest Period therefor shall include interest on the principal amount being repaid and shall be subject to Section 2.7(e)(iv). All prepayments of a Loan shall be applied first to that portion of such Loan comprised of Base Rate Loans and then to that portion of such Loan comprised of LIBOR Loans, in direct order of Interest Period maturities.
Appears in 3 contracts
Samples: Credit Agreement (Warren Resources Inc), Credit Agreement (Warren Resources Inc), Credit Agreement (Warren Resources Inc)
All Prepayments. Any prepayment of a LIBOR Loan on a day other than the last day of an Interest Period therefor shall include interest on the principal amount being repaid and shall be subject to Section 2.7(e)(iv)3.5. All prepayments of a Loan shall be applied first to that portion of such Loan comprised of Base Rate Loans and then to that portion of such Loan comprised of LIBOR Loans, in direct order of Interest Period maturitiesmaturities (unless Borrower Representative shall specify otherwise to Agent in writing, subject to the final sentence of this paragraph).
Appears in 2 contracts
Samples: Second Lien Credit Agreement (Performance Health Holdings Corp.), Second Lien Credit Agreement (Performance Health Holdings Corp.)
All Prepayments. (a) Any prepayment of a LIBOR Loan on a day other than the last day of an Interest Period therefor shall include interest on the principal amount being repaid and shall be subject to Section 2.7(e)(iv)3.5. All prepayments of a Loan shall be applied first to that portion of such Loan comprised of Base Rate Loans and then to that portion of such Loan comprised of LIBOR Loans, in direct order of Interest Period maturities.
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All Prepayments. Any prepayment of a LIBOR Loan on a day other than the last day of an the applicable Interest Period therefor shall include interest on the principal amount being repaid and shall be subject to Section 2.7(e)(iv). All prepayments of a Loan shall be applied first to that portion of such Loan comprised of Base Rate Loans and then to that portion of such Loan comprised of LIBOR Loans, in direct order of Interest Period maturities8.04.
Appears in 1 contract
Samples: Credit Agreement (Janel Corp)
All Prepayments. Any prepayment of a LIBOR Loan on a day other than the last day of an Interest Period therefor shall include interest on the principal amount being repaid and shall be subject to Section 2.7(e)(iv)8.4. All prepayments of a Loan Term Loans shall be applied first pro rata among the Term Loans according to that portion of such Loan comprised of Base Rate Loans and then the principal amounts thereof and, as to that portion of such Loan comprised of LIBOR Loanseach Term Loan, in direct the inverse order of Interest Period maturitiesmaturity to the remaining installments thereof (including, without limitation, the final installment thereof).
Appears in 1 contract
Samples: Credit Agreement (Cyalume Technologies Holdings, Inc.)
All Prepayments. Any prepayment of a LIBOR Loan on a day other than the last day of an Interest Period therefor shall include interest on the principal amount being repaid and shall be subject to Section 2.7(e)(iv)3.5. All prepayments of a Loan shall be applied first to that portion of such Loan comprised of Base Rate Loans and then to that portion of such Loan comprised of LIBOR Loans, in direct order of Interest Period maturities.
Appears in 1 contract
Samples: Assignment Agreement (Compass Group Diversified Holdings LLC)
All Prepayments. (a) Any prepayment of a LIBOR Loan on a day other than the last day of an Interest Period therefor shall include interest on the principal amount being repaid and shall be subject to Section 2.7(e)(iv)3.5. All prepayments of a Loan shall be applied first to that portion of such Loan comprised of Base Rate Loans and then to that portion of such Loan comprised of LIBOR Loans, in direct order of Interest Period maturities. All prepayments of the Term A Loan shall be applied pro rata to the remaining installments thereof.
Appears in 1 contract
Samples: Credit Agreement (Rosetta Stone Inc)
All Prepayments. Any prepayment of a LIBOR Rate Loan on a day other than the last day of an Interest Period therefor shall include interest on the principal amount being repaid and shall be subject to Section 2.7(e)(iv2.13(b)(ii). All prepayments of a Loan shall be applied first to that portion of such Loan comprised of Base Rate Loans and then to that portion of such Loan comprised of LIBOR Rate Loans, in direct order of Interest Period maturities. All prepayments of Term Loans shall be applied pro rata to the remaining installments thereof.
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