Common use of All Prepayments Clause in Contracts

All Prepayments. Any prepayment of Term Loans is subject to Section 5.2. All prepayments of the Term Loans will be applied ratably to the Term Loans in the inverse order of maturity to the remaining installments thereof (including, without limitation, the final installment thereof). Except as otherwise provided by this Agreement, all principal payments in respect of the Loans will be applied first to repay outstanding Base Rate Loans and then to repay outstanding SOFR Loans in direct order of Interest Period maturities.

Appears in 4 contracts

Samples: Credit Agreement (Moneylion Inc.), Credit Agreement (Moneylion Inc.), Credit Agreement (Moneylion Inc.)

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All Prepayments. Any prepayment of Term Loans is subject to Section 5.25.3. All Other than as specified in the last proviso of Section 6.2.2(a)(i), all prepayments of the Term Loans will be applied ratably to the Term Loans in the inverse order of maturity to the remaining installments thereof (including, without limitation, the final installment thereof). Except as otherwise provided by this Agreement, all principal payments in respect of the Loans will be applied first to repay outstanding Base Rate Loans and then to repay outstanding SOFR Loans in direct order of Interest Period maturitiesLIBOR Rate Loans.

Appears in 1 contract

Samples: Credit Agreement (Quest Resource Holding Corp)

All Prepayments. Any prepayment of Term Loans is subject to Section 5.25.3. All prepayments of the Term Loans will be applied ratably to the Term Loans in the inverse order of maturity to the remaining installments thereof (including, without limitation, the final installment thereof). Except as otherwise provided by this Agreement, all principal payments in respect of the Loans will be applied first to repay outstanding Base Rate Loans and then to repay outstanding SOFR LIBOR Rate Loans in direct order of Interest Period maturities.

Appears in 1 contract

Samples: Credit Agreement (Digital Media Solutions, Inc.)

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All Prepayments. Any prepayment of Term Loans is subject to Section 5.25.3. All Other than as specified in the last proviso of Section 6.2.2(a)(i), all prepayments of the Term Loans will be applied ratably to the Term Loans in the inverse order of maturity to the remaining installments thereof (including, without limitation, the final installment thereof). Except as otherwise provided by this Agreement, all principal payments in respect of the Loans will be applied first to repay outstanding Base Rate Loans and then to repay outstanding SOFR Loans in direct order of Interest Period maturitiesLIBOR RateSOFR Loans.

Appears in 1 contract

Samples: Credit Agreement (Quest Resource Holding Corp)

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