Common use of Application of Designated Prepayments Clause in Contracts

Application of Designated Prepayments. Each mandatory prepayment required by clauses (a), (b) and (c) of this Section 2.5(B)(i) shall be referred to herein as a “Designated Prepayment.” Designated Prepayments shall be allocated and applied to the Obligations as follows:

Appears in 3 contracts

Samples: Credit Agreement (Alion Science & Technology Corp), Credit Agreement (Alion Science & Technology Corp), Credit Agreement (Alion Science & Technology Corp)

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Application of Designated Prepayments. Each mandatory prepayment required by clauses (a), (b) and (c) of this Section 2.5(B)(i) shall be referred to herein as a "Designated Prepayment." Designated Prepayments shall be allocated and applied to the Obligations as follows:

Appears in 2 contracts

Samples: Credit Agreement (Alion Science & Technology Corp), Credit Agreement (Alion Science & Technology Corp)

Application of Designated Prepayments. Each mandatory prepayment required by clauses (a), (b), (c), (d) and (ce) of this Section 2.5(B)(i) or by Section 7.2(P) shall be referred to herein as a "Designated Prepayment." Designated Prepayments shall be allocated and applied to the Obligations as follows:

Appears in 2 contracts

Samples: Credit Agreement (Steiner Leisure LTD), Credit Agreement (Steiner Leisure LTD)

Application of Designated Prepayments. Each mandatory prepayment required by clauses (a), (b) and (c) of this Section 2.5(B)(i) 2.2 shall be referred to herein as a "Designated Prepayment." Designated Prepayments shall be allocated and applied to the Obligations as follows:repay Loans ratably in an amount equal to such Designated Prepayment.

Appears in 1 contract

Samples: Bridge Credit Agreement (Patterson Dental Co)

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Application of Designated Prepayments. Each mandatory prepayment required by clauses (a), (b), (c) and (cd) of this Section 2.5(B)(i) shall be referred to herein as a “Designated Prepayment"DESIGNATED PREPAYMENT." Designated Prepayments shall be allocated and applied to the Obligations as follows:

Appears in 1 contract

Samples: Credit Agreement (Sybron Dental Specialties Inc)

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