Application Among Interest Rate Options. All prepayments required pursuant to this Section 5.05 shall first be applied among the Interest Rate Options to the principal amount of the Loans subject to a Base Rate Option, then to Loans subject to Euro-Rate Option. In accordance with Section 5.06(b), the Borrower shall indemnify the Banks for any loss or expense including loss of margin incurred with respect to any such prepayments applied against Loans subject to a Euro-Rate Option on any day other than the last day of the applicable Euro-Rate Interest Period.
Appears in 3 contracts
Samples: Credit Agreement (Mariner Health Group Inc), Credit Agreement (Mariner Health Group Inc), Credit Agreement (Mariner Health Group Inc)
Application Among Interest Rate Options. All prepayments --------------------------------------- required pursuant to this Section 5.05 shall first be applied among the Interest Rate Options to the principal amount of the Loans subject to a Base Rate Option, then to Loans subject to Euro-Rate Option. In accordance with Section 5.06(b), the Borrower shall indemnify the Banks for any loss or expense including loss of margin incurred with respect to any such prepayments applied against Loans subject to a Euro-Rate Option on any day other than the last day of the applicable Euro-Rate Interest Period.
Appears in 3 contracts
Samples: Revolving Credit Facility (Mariner Post Acute Network Inc), Credit Agreement (Mariner Post Acute Network Inc), Credit Agreement (Mariner Post Acute Network Inc)
Application Among Interest Rate Options. All prepayments required pursuant to this Section 5.05 5.5 shall first be applied among the Interest Rate Options to the principal amount of the Loans subject to a the Base Rate Option, then to Loans subject to a Euro-Rate Option. In accordance with Section 5.06(b)5.6.2, the Borrower shall indemnify the Banks for any loss or expense expense, including loss of margin margin, incurred with respect to any such prepayments applied against Loans subject to a Euro-Rate Option on any day other than the last day of the applicable Euro-Rate Interest Period.
Appears in 2 contracts
Samples: Credit Agreement (Rent Way Inc), Revolving Credit Facility (Rainbow Rentals Inc)
Application Among Interest Rate Options. All prepayments --------------------------------------- required pursuant to this Section 5.05 shall first be applied among the Interest Rate Options to the principal amount of the Loans subject to a Base Rate Option, then to Loans subject to Euro-Rate Option. In accordance with Section 5.06(b), the Borrower shall indemnify the Banks for any loss or expense including loss of margin incurred with respect to any such prepayments applied against Loans subject to a Euro-Rate Option on any day other than the last day of the applicable Euro-Rate Interest Period.
Appears in 2 contracts
Samples: Revolving Credit Facility (Mariner Post Acute Network Inc), Term Loan Facility (Mariner Post Acute Network Inc)
Application Among Interest Rate Options. All prepayments required pursuant to this Section 5.05 5.5 shall first be applied among the Interest Rate Options to the principal amount of the Loans subject to a the Base Rate Option, then to Loans subject to a Euro-Rate Option. In accordance with Section 5.06(b5.6(b), the Borrower shall indemnify the Banks Lenders for any loss or expense expense, including loss of margin margin, incurred with respect to any such prepayments applied against Loans subject to a Euro-Rate Option on any day other than the last day of the applicable Euro-Rate Interest Period.
Appears in 2 contracts
Samples: Credit Agreement (Calgon Carbon Corporation), Credit Agreement (Calgon Carbon Corporation)
Application Among Interest Rate Options. All prepayments required pursuant to this Section 5.05 5.5 shall first be applied among the Interest Rate Options to the principal amount of the Loans subject to a the Base Rate Option, then to Loans subject to a Euro-Rate Option. In accordance with Section 5.06(b)5.6.2 [Indemnity], the Borrower Borrowers shall indemnify the Banks for any loss or expense expense, including loss of margin margin, incurred with respect to any such prepayments applied against Loans subject to a Euro-Rate Option on any day other than the last day of the applicable Euro-Rate Interest Period.
Appears in 2 contracts
Samples: Senior Secured Revolving Credit Facility and Term Loan Credit Agreement (Res Care Inc /Ky/), Revolving Credit Facility (Churchill Downs Inc)
Application Among Interest Rate Options. All prepayments required pursuant to this Section 5.05 5.5 shall first be applied among the Interest Rate Options to the principal amount of the Loans subject to a the Base Rate Option, then to Loans subject to a Euro-Rate Option. In accordance with Section 5.06(b)5.6.2 [Indemnity], the Borrower shall indemnify the Banks for any loss or expense expense, including loss of margin margin, incurred with respect to any such prepayments applied against Loans subject to a Euro-Rate Option on any day other than the last day of the applicable Euro-Rate Interest Period.
Appears in 2 contracts
Samples: Credit Agreement (Ii-Vi Inc), Credit Agreement (Standard Automotive Corp)
Application Among Interest Rate Options. All prepayments required pursuant to this Section 5.05 4.5 shall first be applied among the Interest Rate Options to the principal amount of the Loans subject to a Base Rate Option, then to Loans subject to the Euro-Rate Option. In accordance with Section 5.06(b)4.6.2, the Borrower shall indemnify the Banks for any loss or expense expense, including loss of margin margin, actually incurred with respect to any such prepayments applied against Loans subject to a Euro-Rate Option on any day other than the last day of the applicable Euro-Rate Interest Period.
Appears in 2 contracts
Samples: Revolving Credit Facility (Triumph Group Inc /), Credit Agreement (Triumph Group Inc /)
Application Among Interest Rate Options. All prepayments required pursuant to this Section 5.05 4.5 shall first be applied among the Interest Rate Options to the principal amount of the applicable Loans subject to a the Base Rate Option, then to Dollar Loans subject to Euro-Rate Option. In accordance with Section 5.06(b), the Borrower shall indemnify the Banks for any loss or expense including loss of margin incurred with respect to any such prepayments applied against Loans denominated in Dollars and subject to a Euro-Rate Option on any day other than and then to Loans of Optional Currencies subject to the last day of the applicable Euro-Rate Interest PeriodOption, and the Borrowers will be subject to the indemnity obligation set forth in Section 4.8.
Appears in 2 contracts
Samples: Credit Agreement (Glatfelter P H Co), Revolving Credit Facility (Glatfelter P H Co)
Application Among Interest Rate Options. All prepayments required pursuant to this Section 5.05 5.5 shall first be applied among the Interest Rate Options to the principal amount of the applicable Loans subject to a the Base Rate Option, then to Dollar Loans subject to Euro-Rate Option. In accordance with Section 5.06(b), the Borrower shall indemnify the Banks for any loss or expense including loss of margin incurred with respect to any such prepayments applied against Loans denominated in Dollars and subject to a Euro-Rate Option on any day other than and then to Loans of Optional Currencies subject to the last day of the applicable Euro-Rate Interest PeriodOption, and the Borrowers will be subject to the indemnity obligation set forth in Section 5.6.2.
Appears in 2 contracts
Samples: Credit Agreement (Glatfelter P H Co), Credit Agreement (Glatfelter P H Co)
Application Among Interest Rate Options. All prepayments required pursuant to this Section 5.05 5.5 shall first be applied among the Interest Rate Options to the principal amount of the Loans subject to a the Base Rate Option, then to Loans subject to a Euro-Rate Option. In accordance with Section 5.06(b)5.6.2 [Indemnity], the Borrower shall indemnify the Banks Lenders for any loss or expense expense, including loss of margin margin, incurred with respect to any such prepayments applied against Loans subject to a Euro-Rate Option on any day other than the last day of the applicable Euro-Rate Interest Period.
Appears in 2 contracts
Samples: Credit Agreement (Penn Virginia Resource Partners L P), Credit Agreement (Ii-Vi Inc)
Application Among Interest Rate Options. All prepayments required pursuant to this Section 5.05 5.3 shall first be applied among the Interest Rate Options to the principal amount of the Loans subject to a the Base Rate Option, then to Loans subject to Euro-a Eurocurrency Rate Option. In accordance with Section 5.06(b)5.10 [Indemnity], the Borrower shall indemnify the Banks Lenders for any loss or expense expense, including loss of margin margin, incurred with respect to any such prepayments applied against Loans subject to a Euro-Eurocurrency Rate Option on any day other than the last day of the applicable Euro-Rate Interest Period.
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Application Among Interest Rate Options. All prepayments --- --------------------------------------- required pursuant to this Section 5.05 shall first be applied among the Interest Rate Options to the principal amount of the Loans subject to a Base Rate Option, then to Loans subject to Euro-Rate Option. In accordance with Section 5.06(b), the Borrower shall indemnify the Banks for any loss or expense including loss of margin incurred with respect to any such prepayments applied against Loans subject to a Euro-Rate Option on any day other than the last day of the applicable Euro-Rate Interest Period.
Appears in 1 contract
Application Among Interest Rate Options. All prepayments required pursuant to this Section 5.05 5.5 shall first be applied among the Interest Rate Options to the principal amount of the Loans subject to a the Base Rate Option, and then to Loans subject to a Euro-Rate Option. In accordance with Section 5.06(b)5.6.2 [Indemnity], the Borrower shall indemnify the Banks for any loss or expense expense, including loss of margin margin, incurred with respect to any such prepayments applied against Loans subject to a Euro-Rate Option on any day other than the last day of the applicable Euro-Rate Interest Period.
Appears in 1 contract
Application Among Interest Rate Options. All prepayments required pursuant to this Section 5.05 shall first be applied among the Interest Rate Options to the principal amount of the Loans subject to a the Base Rate Option, then to Loans subject to a Euro-Rate Option. In accordance with Section 5.06(b)5.6.2 [Indemnity], the Borrower Borrowers shall indemnify the Banks Lenders for any loss or expense expense, including loss of margin margin, incurred with respect to any such prepayments applied against Loans subject to a Euro-Rate Option on any day other than the last day of the applicable Euro-Rate Interest Period.
Appears in 1 contract
Samples: Credit Agreement (Newtech Corp)
Application Among Interest Rate Options. All prepayments required pursuant to this Section 5.05 4.5 shall first be applied among the Interest Rate Options to the principal amount of the Loans subject to a the Base Rate Option, then to Loans subject to a Euro-Rate Option. In accordance with Section 5.06(b)4.6.2 [Indemnity], the each Borrower shall indemnify the Banks for any loss or expense expense, including loss of margin margin, incurred with respect to any such prepayments applied against Loans subject to a Euro-Rate Option on any day other than the last day of the applicable Euro-Rate Interest Period.
Appears in 1 contract
Samples: Credit Agreement (Bell Oil Corp)
Application Among Interest Rate Options. All actual cash prepayments required pursuant to this Section 5.05 2.10 shall first be applied among the Interest Rate Options to the principal amount of the Loans subject to a the Base Rate Option, Option and then to the Loans subject to the Euro-Rate Option. In accordance with Section 5.06(b)4.5.2 [Indemnity], the Borrower shall indemnify the Banks for any loss or expense expense, including loss of margin margin, incurred with respect to any such prepayments applied against Loans subject to a the Euro-Rate Option on any day other than the last day of the applicable Euro-Rate Interest Period.
Appears in 1 contract
Application Among Interest Rate Options. All prepayments required pursuant to this Section 5.05 4.5 shall first be applied among the Interest Rate Options to the principal amount of the Loans subject to a the Base Rate Option, then to Loans subject to a Euro-Rate Option. In accordance with Section 5.06(b)4.6.2 [Indemnity], the Borrower shall indemnify the Banks for any loss or expense expense, including loss of margin margin, incurred with respect to any such prepayments applied against Loans subject to a Euro-Rate Option on any day other than the last day of the applicable Euro-Rate Interest Period.
Appears in 1 contract
Samples: Credit Agreement (Party City Corp)
Application Among Interest Rate Options. All prepayments required pursuant to this Section 5.05 5.5 shall first be applied among the Interest Rate Options to the principal amount of the Loans subject to a the Base Rate Option, then to Loans subject to a Euro-Rate Option. In accordance with Section 5.06(b)5.6.2 [Indemnity], the Borrower shall indemnify the Banks for any loss or expense expense, including reimbursement for loss of margin margin, incurred with respect to any such prepayments applied against Loans subject to a Euro-Rate Option on any day other than the last day of the applicable Euro-Rate Interest Period.
Appears in 1 contract
Samples: Credit Agreement (Compudyne Corp)
Application Among Interest Rate Options. All prepayments required pursuant to this Section 5.05 4.5 shall first be applied among the Interest Rate Options to the principal amount of the Loans subject to a the Base Rate Option, then to Loans subject to a Euro-Rate Option. In accordance with Section 5.06(b4.6(c), the Borrower shall indemnify the Banks Lenders for any loss or expense expense, including loss of margin margin, incurred with respect to any such prepayments applied against Loans subject to a Euro-Rate Option on any day other than the last day of the applicable Euro-Rate Interest Period.
Appears in 1 contract
Application Among Interest Rate Options. All prepayments required pursuant to this Section 5.05 5.5 shall first be applied among the Interest Rate Options to the principal amount of the Loans subject to a the Base Rate Option, then to Loans subject to a Euro-Rate Option. In accordance with Section 5.06(b)5.6.2, the Borrower and the Co-Borrower shall indemnify the Banks Lenders for any loss or expense expense, including loss of margin margin, incurred with respect to any such prepayments applied against Loans subject to a Euro-Rate Option on any day other than the last day of the applicable Euro-Rate Interest Period."
Appears in 1 contract
Samples: Credit Agreement (Rent Way Inc)
Application Among Interest Rate Options. All prepayments required pursuant to this Section 5.05 5.7 shall first be applied among the Interest Rate Options to the principal amount of the Loans subject to a Base Rate Option, then to Loans subject to the Euro-Rate Option. In accordance with Section 5.06(b5.5(b), the Borrower shall indemnify the Banks for any loss or expense expense, including loss of margin margin, incurred with respect to any such prepayments applied against Loans subject to a Euro-Rate Option on any day other than the last day of the applicable Euro-Rate Interest Period.
Appears in 1 contract
Application Among Interest Rate Options. All prepayments required pursuant to this Section 5.05 5.5 shall first be applied among the Interest Rate Options to the principal amount of the Loans subject to a the Base Rate Option, then to Loans subject to a Euro-Rate Option. In accordance with Section 5.06(b)5.6.2 [Indemnity], the Borrower shall indemnify the Banks for any loss or expense expense, including loss of margin margin, incurred with respect to any such prepayments applied against Loans subject to a Euro-Rate Option on any day other than the last day of the applicable Euro-Rate Interest Period.
Appears in 1 contract
Application Among Interest Rate Options. All prepayments required pursuant to this Section 5.05 5.5 shall first be applied among the Interest Rate Options to the principal amount of the Loans subject to a the Base Rate Option, then to Loans subject to a Euro-Rate Option. In accordance with Section 5.06(b)5.6.2, the Borrower and the Co-Borrower shall indemnify the Banks Lenders for any loss or expense expense, including loss of margin margin, incurred with respect to any such prepayments applied against Loans subject to a Euro-Rate Option on any day other than the last day of the applicable Euro-Rate Interest Period.
Appears in 1 contract
Samples: Credit Agreement (Rent Way Inc)
Application Among Interest Rate Options. All prepayments required pursuant to this Section 5.05 4.5 [Mandatory Prepayments] shall first be applied among the Interest Rate Options to the principal amount of the Loans subject to a the Base Rate Option, then to Loans subject to a Euro-Rate Option. In accordance with Section 5.06(b)4.6.2 [Indemnity], the Borrower shall indemnify the Banks for any loss or expense expense, including loss of margin margin, incurred with respect to any such prepayments applied against Loans subject to a Euro-Rate Option on any day other than the last day of the applicable Euro-Rate Interest Period.
Appears in 1 contract
Application Among Interest Rate Options. All prepayments required pursuant to this Section 5.05 5.7 shall first be applied among the Interest Rate Options to the principal amount of the Loans subject to a the Base Rate Option, then to Loans denominated in Dollars and subject to Euro-a Euro Rate Option, then to the Optional Currency Loans. In accordance with Section 5.06(b)5.10 [Indemnity], the Borrower shall indemnify the Banks Lenders for any loss or expense including loss of margin incurred with respect to any such prepayments applied against Loans subject to a Euro-Euro Rate Option on any day other than the last day of the applicable Euro-Rate Interest Period.
Appears in 1 contract
Application Among Interest Rate Options. All prepayments required pursuant to this Section 5.05 4.5 shall first be applied among the Interest Rate Options to the principal amount of the Loans subject to a the Base Rate Option, then to Loans subject to a Euro-Rate Option. In accordance with Section 5.06(b)4.6.2 [Indemnity], the Borrower shall indemnify the Banks Lenders for any loss or expense expense, including loss of margin margin, incurred with respect to any such prepayments applied against Loans subject to a Euro-Rate Option on any day other than the last day of the applicable Euro-Rate Interest Period.
Appears in 1 contract
Application Among Interest Rate Options. All prepayments required pursuant to this Section 5.05 5.7 shall first be applied among the Interest Rate Options to the principal amount of the Loans subject to a the Base Rate Option, then to Loans denominated in Dollars and subject to Euro-a Euro Rate Option, then to the Optional Currency Loans. In accordance with Section 5.06(b)5.10 [Indemnity], the Borrower shall indemnify the Banks Lenders for any loss or expense including loss of margin incurred with respect to any such prepayments applied against Loans subject to a Euro-Euro Rate Option on any day other than the last day of the applicable Euro-Rate Interest Period.. 5.8
Appears in 1 contract
Samples: Revolving Credit Facility Agreement (Sun Hydraulics Corp)
Application Among Interest Rate Options. All prepayments required pursuant to this Section 5.05 4.5 shall first be applied among the Interest Rate Options to the principal amount of the Committed Loans subject to a the Base Rate Option, then to Loans subject to a Euro-Rate Option. In accordance with Section 5.06(b)4.6.2, the Borrower shall indemnify the Banks for any loss or expense expense, including loss of margin margin, incurred with respect to any such prepayments applied against Committed Loans subject to a Euro-Rate Option on any day other than the last day of the applicable Euro-Rate Interest Period.
Appears in 1 contract
Samples: Convertible Revolving Credit Facility (Ptek Holdings Inc)