Common use of Application Among Interest Rate Options Clause in Contracts

Application Among Interest Rate Options. All prepayments required pursuant to this Section 4.5 [Mandatory Prepayments] shall first be applied among the Interest Rate Options to the principal amount of the Loans subject to the Base Rate Option, then to Dollar Loans subject to a Euro-Rate Option and then to Optional Currency Loans subject to the Euro-Rate Option. In accordance with Section 4.6.2 [Indemnity], 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 Interest Period.

Application Among Interest Rate Options. All prepayments required pursuant to this Section 4.5 4.6 [Mandatory Prepayments] shall first be applied among the Interest Rate Options to the principal amount of the Loans subject to the Base Rate Option, then to Dollar Loans subject to a Euro-Rate Option and then to Optional Currency Loans subject to the Euro-Rate Option. In accordance with Section 4.6.2 4.5.2 [Indemnity], the each 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 Interest Period.

Application Among Interest Rate Options. All prepayments required pursuant to this Section 4.5 5.6 [Mandatory Prepayments] shall first be applied among the Interest Rate Options to the principal amount of the Revolving Credit Loans subject to the Base Rate Option, then to Dollar Revolving Credit Loans subject to a Euro-Rate Option and then to Optional Currency Swing Loans subject to the Euro-Rate Option. In accordance with Section 4.6.2 5.5.2 [Indemnity], the each 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 Interest Period.

Application Among Interest Rate Options. All prepayments required pursuant to this Section 4.5 4.6 [Mandatory Prepayments] shall first be applied among the Interest Rate Options to the principal amount of the Loans subject to the Base Rate Option, then to Dollar Revolving Credit Loans subject to a Euro-Rate Option and then to Optional Currency Swing Loans subject to the Euro-Rate Option. In accordance with Section 4.6.2 4.5.2 [Indemnity], the each 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 Interest Period.

Application Among Interest Rate Options. All prepayments required pursuant to this Section 4.5 [Mandatory Prepayments] 4.7 shall first be applied among the Interest Rate Options to the principal amount of the Loans subject to the Base Rate Option, then to Dollar Loans denominated in Dollars and subject to a Euro-Rate Option and Option, then to the Optional Currency Loans subject to the Euro-Rate OptionLoans. In accordance with Section 4.6.2 4.10 [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-Rate Option on any day other than the last day of the applicable Interest Period.

Application Among Interest Rate Options. All prepayments required pursuant to this Section 4.5 [Mandatory Prepayments] 5.7 shall first be applied among the Interest Rate Options to the principal amount of the Loans subject to the Base Rate Option, then to Dollar Loans denominated in Dollars and subject to a Euro-Rate Option and Option, then to the Optional Currency Loans subject to the Euro-Rate OptionLoans. In accordance with Section 4.6.2 5.10 [Indemnity], the Borrower shall indemnify the Banks Lenders for any loss or expense, including excluding 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 Interest Period.

Application Among Interest Rate Options. All prepayments required pursuant to this Section 4.5 [Mandatory Prepayments] shall first be applied among the Interest Rate Options to the principal amount of the Loans subject to the Base Rate Option, then to Dollar Loans subject to a Euro-Rate Option and then to Optional Currency Loans subject to the Euro-Rate Option. In accordance with Section 4.6.2 [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-Rate Option on any day other than the last day of the applicable Interest Period.

Application Among Interest Rate Options. All prepayments required pursuant to this Section 4.5 4.6 [Mandatory Prepayments] shall first be applied among the Interest Rate Options to the principal amount of the Loans subject to the Base Rate Option, then to Dollar Loans subject to a Euro-Rate Option and then to Optional Currency Loans subject to the Euro-Rate Option. In accordance with Section 4.6.2 4.5.2 [Indemnity], 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 Interest Period.”

Application Among Interest Rate Options. All prepayments required pursuant to this Section 4.5 5.7 [Mandatory Prepayments] shall first be applied among the Interest Rate Options to the principal amount of the Loans (including Swing Loans) subject to the Base Rate Option, then to Dollar Loans denominated in Dollars subject to a Euro-Eurocurrency Rate Option and Option, then to Optional Currency Loans subject to the Euro-Rate OptionLoans. In accordance with Section 4.6.2 5.10 [Indemnity], the Borrower Borrowers 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-Eurocurrency Rate Option on any day other than the last day of the applicable LIBOR Interest Period.. 5.8

Application Among Interest Rate Options. All prepayments required pursuant to this Section 4.5 5.7 [Mandatory Prepayments] shall first be applied among the Interest Rate Options to the principal amount of the Loans subject to the Base Rate Option, then to Dollar Loans denominated in Dollars and subject to a Euro-Euro Rate Option and Option, then to the Optional Currency Loans subject to the Euro-Rate OptionLoans. In accordance with Section 4.6.2 5.10 [Indemnity], the Borrower shall indemnify the Banks Lenders for any loss or expense, including loss of margin, expense 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 Interest Period.

Application Among Interest Rate Options. All prepayments required pursuant to this Section 4.5 [Mandatory Prepayments] shall first be applied among the Interest Rate Options as elected by the Borrower or, if the Borrower makes no such election, then first to the principal amount of the Loans subject to the Base Rate Option, then to Dollar Loans subject to a Euro-CD Rate Option and then to Optional Currency Loans subject to the a Euro-Rate Option. In accordance with Section 4.6.2 [Indemnity]4.6.2, 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 CD Rate Option or a Euro-Rate Option on any day other than the last day of the applicable Interest Period.

Application Among Interest Rate Options. All prepayments required pursuant to this Section 4.5 [Mandatory Prepayments] 5.05 shall first be applied among the Interest Rate Options to the principal amount of the Loans subject to the Base Rate Option, then to Dollar Loans subject to a Euro-Rate Option and then to Optional Currency Loans subject to the Euro-Rate Option. In accordance with Section 4.6.2 [Indemnity]5.06(b), the Borrower Company shall indemnify the Banks Lenders and any Lending Office 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 Interest Period.

Application Among Interest Rate Options. All prepayments required pursuant to this Section 4.5 [Mandatory Prepayments] 4.05 shall first be applied among the Interest Rate Options to the principal amount of the Loans subject to the Base Rate Option, then to Dollar Loans subject to a Euro-Rate Option and then to Optional Currency Loans subject to the Euro-Rate Option. In accordance with Section 4.6.2 [Indemnity]4.06(b), the Borrower Company shall indemnify the Banks Lenders and any Lending Office 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 Interest Period.