Application of Mandatory Prepayment. All amounts required to be paid pursuant to this Section 2.05(b) shall be applied first, ratably to the L/C Borrowings and the Swing Line Loans, second, to the outstanding Revolving Loans, and, third, to Cash Collateralize the remaining L/C Obligations. Within the parameters of the applications set forth above, prepayments shall be applied first to Base Rate Loans and then to Eurodollar Rate Loans in direct order of Interest Period maturities. All prepayments under this Section 2.05(b) shall be subject to Section 3.05, but otherwise without premium or penalty, and shall be accompanied by interest on the principal amount prepaid through the date of prepayment.
Application of Mandatory Prepayment. The amounts required to be applied in prepayment pursuant to clause 6.4 shall be applied against the remaining instalments listed in the Amortisation Schedule in their inverse order of maturity.
Application of Mandatory Prepayment and cancellations A prepayment of Utilisations or cancellation of Commitments made under Subclause 8.4 (Mandatory prepayment – insurance claims) shall be applied in the following order:
Application of Mandatory Prepayment. (a) The Borrower shall apply all Net Debt or Equity Issuance Proceeds (if received by the Guarantor, the Guarantor shall pay the same to the Borrower by way of capital contribution) in prepayment of the Loans immediately when they arise except that, subject to paragraph (b) below, the Borrower may elect that any prepayment from Net Debt or Equity Issuance Proceeds required under Clause 7.2 (b)(i) be made on the last day of the current Interest Period relating to a Loan. If the Borrower makes that election then:
Application of Mandatory Prepayment. All amounts required to be paid pursuant to this Section shall be applied first to the outstanding Revolving Loans (without a simultaneous corresponding reduction of the Revolving Committed Amount) and, second to Cash Collateralize the LOC Obligations. Within the parameters of the applications set forth above, prepayments shall be applied first to Alternate Base Rate Loans and then to LIBOR Rate Loans in direct order of Interest Period maturities. All prepayments under this Section shall be subject to Section 2.15 and be accompanied by interest on the principal amount prepaid through the date of prepayment, but otherwise without premium or penalty.
Application of Mandatory Prepayment. The Administrative Agent, the Required Lenders, the Required Revolving Lenders, the Required Term Loan Lenders, and the Borrower agree that the proceeds of the Oaktree Loan shall be applied as follows (the “Closing Date Prepayment”):
Application of Mandatory Prepayment. All prepayments required pursuant to this Section 5.7 shall first be applied among the Interest Rate Options to the principal amount of the Term Loans subject to the Base Rate Option, in the inverse order of scheduled maturities; then to Term Loans subject to a LIBOR Rate Option, in the inverse order of scheduled maturities; then to Revolving Credit Loans subject to a Base Rate Option; and then to Revolving Credit Loans subject to a LIBOR Rate Option. Additionally, with respect to any prepayment of any Loans subject to the LIBOR Rate Option, the Borrower shall provide the Administrative Agent with a statement indicating the application of the prepayment between the LIBOR Rate Option tranches. In accordance with Section 5.10 [Indemnity], the Borrower shall indemnify the Lenders for any loss or expense, including loss of margin, incurred with respect to any such prepayments applied against Loans subject to a LIBOR Rate Option on any day other than the last day of the applicable Interest Period.
Application of Mandatory Prepayment. Any prepayment made by Borrower pursuant to Section 2.2(b) shall be applied as follows: first, to fees and reimbursable expenses of Lender then due and payable pursuant to any of the Loan Documents; second, to interest then due and payable on the Term Loan; and third, to prepay the principal of the Term Loan until the Term Loan shall have been repaid in full.
Application of Mandatory Prepayment. All amounts to be prepaid under clause 8.6 shall be applied:
Application of Mandatory Prepayment. (a) Subject to Clause 8.2(c) below, a mandatory prepayment made under Clauses 8.1 (a), (b), (c) and (d) shall be applied in the following order:
