Common use of Application of Mandatory Prepayments by Type of Loans Clause in Contracts

Application of Mandatory Prepayments by Type of Loans. Any amount required to be paid pursuant to Sections 2.14(a) through 2.14(e) shall be applied as follows: first, to prepay Term Loans, and shall be further applied on a pro rata basis to the remaining scheduled Installments of principal of the Term Loans; second, to prepay the Swing Line Loans to the full extent thereof and to permanently reduce the Revolving Commitments by the amount of such prepayment; third, to prepay the Revolving Loans to the full extent thereof and to further permanently reduce the Revolving Commitments by the amount of such prepayment; fourth, to prepay outstanding reimbursement obligations with respect to Letters of Credit and to further permanently reduce the Revolving Loan Commitments by the amount of such prepayment; and fifth, to cash collateralize Letters of Credit and to further permanently reduce the Revolving Loan Commitments by the amount of such cash collateralization. Any amounts remaining after application in accordance herewith shall be retained by Borrower, provided, that the amount of the Revolving Commitments shall be reduced by such amounts to the full extent thereof.

Application of Mandatory Prepayments by Type of Loans. (i) Any amount required to be paid pursuant to Sections 2.14(a) through 2.14(e) shall be applied as follows: firstFIRST, to prepay Term Loans, and shall be further Loans on a pro rata basis applied on a pro rata basis to and reduce the remaining scheduled Installments in inverse order of principal of the Term Loansmaturity; secondSECOND, to prepay the Swing Line Loans to the full extent thereof and to permanently reduce the Revolving Commitments by the amount of such prepayment; thirdTHIRD, to prepay the Revolving Loans to the full extent thereof and to further permanently reduce the Revolving Commitments by the amount of such prepayment; fourthFOURTH, to prepay outstanding reimbursement obligations with respect to Letters of Credit and to further permanently reduce the Revolving Loan Commitments by the amount of such prepayment; and fifthFIFTH, to cash collateralize Letters of Credit and to further permanently reduce the Revolving Loan Commitments by the amount of such cash collateralization. Any amounts remaining after application in accordance herewith shall be retained by Borrower; and SIXTH, provided, that the amount of the Revolving Commitments shall be reduced by such amounts to the full extent thereofrepay any other outstanding Obligations.

Application of Mandatory Prepayments by Type of Loans. Any amount required to be paid pursuant to Sections 2.14(a) through 2.14(e) shall be applied as follows: first, other than with respect to prepayments pursuant to Section 2.14(c), to prepay Term LoansLoans (for the avoidance of doubt, with no reduction of the undrawn Delayed Term Loan Commitments) on a pro rata basis and shall be further applied on a pro rata basis to the remaining scheduled Installments of principal of the Term Loans; second, to prepay the Swing Line Loans to the full extent thereof and to permanently reduce the Revolving Commitments by the amount of such prepayment; third, to prepay the Revolving Loans to the full extent thereof and to further permanently reduce the Revolving Commitments by the amount of such prepayment; fourth, to prepay outstanding reimbursement obligations with respect to Letters of Credit and to further permanently reduce the Revolving Loan Commitments by the amount of such prepayment; and fifth, to cash collateralize Letters of Credit and to further permanently reduce the Revolving Loan Commitments by the amount of such cash collateralization. Any amounts remaining after application in accordance herewith shall be retained by Borrower; and sixth, provided, that the amount of to further permanently reduce the Revolving Commitments shall be reduced by such amounts to the full extent thereof.

Application of Mandatory Prepayments by Type of Loans. Any amount required to be paid pursuant to Sections 2.14(a) through 2.14(e) shall be applied as follows: first, to prepay Term Loans, and shall be further applied Loans on a pro rata basis to reduce the scheduled remaining scheduled Installments of principal of the Term Loans; second, to prepay the Swing Line Revolving Loans to the full extent thereof and, except as provided in Sections 2.14(a) and (b), to permanently reduce the Revolving Commitments by the amount of such prepayment; third, to prepay the Revolving Hedge L/C Loans to the full extent thereof and to further permanently reduce the Revolving Commitments by the amount of such prepaymentthereof; fourth, to prepay outstanding reimbursement obligations with respect to Letters of Credit and to further permanently reduce the Revolving Loan Commitments by the amount of such prepayment; and fifth, to prepay outstanding reimbursement obligations with respect to Hedge Letters of Credit; sixth, to cash collateralize Letters of Credit and to further permanently reduce the Revolving Loan Commitments by the amount of such cash collateralization. Any amounts remaining after application in accordance herewith shall be retained by Borrower; seventh, providedto cash collateralize Hedge Letters of Credit; eighth, that the amount of to further permanently reduce the Revolving Commitments shall be reduced by such amounts to the full extent thereof; and ninth, to permanently reduce the Hedge L/C Commitments to the full extent thereof.

Application of Mandatory Prepayments by Type of Loans. Any amount required to be paid pursuant to Sections 2.14(a) through 2.14(e) and Section 2.14(g) shall be applied as follows: first, to prepay the principal of the Term Loans, and ratably, to the full extent thereof; provided, prior to the IPO, such prepayment shall be further applied on a pro rata basis to the remaining scheduled four next Installments of principal of the Term Loans, ratably, and, thereafter on a pro rata basis to reduce the scheduled remaining Installments of principal of the Term Loans to the full extent thereof.; second, to prepay the Swing Line Loans to the full extent thereof and to permanently reduce the (without any permanent reduction in Revolving Commitments by the amount of such prepaymentCommitments); third, to prepay the Revolving Loans to the full extent thereof and to further permanently reduce the (without any permanent reduction in Revolving Commitments by the amount of such prepaymentCommitments); fourth, to prepay outstanding reimbursement obligations with respect to Letters of Credit and to further permanently reduce (without any permanent reduction in the Revolving Loan Commitments by the amount of such prepaymentCommitments); and fifth, to cash collateralize Letters of Credit and to further permanently reduce the (without any permanent reduction in Revolving Loan Commitments by the amount of such cash collateralization. Any amounts remaining after application in accordance herewith shall be retained by Borrower, provided, that the amount of the Revolving Commitments shall be reduced by such amounts to the full extent thereofCommitments).

Application of Mandatory Prepayments by Type of Loans. Any amount required to be paid pursuant to Sections 2.14(a2.13(a) through 2.14(e2.13(e) shall be applied as follows: first, to prepay Term Loans, Loans on a pro rata basis (in accordance with the outstanding principal amounts) and shall be further applied on a pro rata basis to the remaining each scheduled Installments Installment of principal of the Term Loans; second, to prepay the Swing Line Loans to the full extent thereof and to permanently reduce the Revolving Commitments by the amount of such prepayment; third, to prepay the Revolving Loans to the full extent thereof and to further permanently reduce the Revolving Commitments by the amount of such prepayment; fourth, to prepay outstanding reimbursement obligations with respect to Letters of Credit and to further permanently reduce the Revolving Loan Commitments by the amount of such prepayment; and fifth, to cash collateralize Letters of Credit and to further permanently reduce the Revolving Loan Commitments by the amount of such cash collateralization. Any amounts remaining after application in accordance herewith shall be retained by Borrower; and sixth, provided, that the amount of to further permanently reduce the Revolving Commitments shall be reduced by such amounts to the full extent thereof.

Application of Mandatory Prepayments by Type of Loans. Any amount required to be paid pursuant to Sections 2.14(a) through 2.14(e) shall be applied as follows: first, to prepay Term Loans, Loans on a pro rata basis (in accordance with the respective outstanding principal amounts thereof) and shall be further applied on a pro rata basis to the remaining scheduled Installments of principal of the applicable Term Loans; second, to prepay the Swing Line Loans to the full extent thereof and to permanently reduce the Revolving Commitments by the amount of such prepayment; third, to prepay the Revolving Loans to the full extent thereof and to further permanently reduce the Revolving Commitments by the amount of such prepayment; fourth, to prepay outstanding reimbursement obligations with respect to Letters of Credit and to further permanently reduce the Revolving Loan Commitments by the amount of such prepayment; and fifth, to cash collateralize Letters of Credit and to further permanently reduce the Revolving Loan Commitments by the amount of such cash collateralization. Any amounts remaining after application in accordance herewith shall be retained by Borrower; and sixth, provided, that the amount of to further permanently reduce the Revolving Commitments shall be reduced by such amounts to the full extent thereof.

Application of Mandatory Prepayments by Type of Loans. Any amount required to be paid pursuant to Sections 2.14(a) through 2.14(e) shall be applied as follows: first, to prepay Term Loans, and shall be further applied Loans on a pro rata basis to the remaining scheduled Installments of principal of the Term Loans; second, to prepay the Swing Line Loans to the full extent thereof and to permanently reduce the Revolving Commitments by the amount of such prepayment; third, to prepay the Revolving Loans to the full extent thereof and to further permanently reduce the Revolving Commitments by the amount of such prepayment; fourth, to prepay outstanding reimbursement obligations with respect to Letters of Credit and to further permanently reduce the Revolving Loan Commitments by the amount of such prepayment; and fifth, to cash collateralize Letters of Credit and to further permanently reduce the Revolving Loan Commitments by the amount of such cash collateralization. Any amounts remaining after application in accordance herewith shall be retained by Borrower; and sixth, provided, that the amount of to further permanently reduce the Revolving Commitments shall be reduced by such amounts to the full extent thereof.

Application of Mandatory Prepayments by Type of Loans. Any Except as may otherwise be set forth in subsections 2.14(c) and (e) above, any amount required to be paid pursuant to Sections 2.14(a) through 2.14(e) and 2.14 (g) shall be applied as follows: first, to prepay Tranche C Term Loans, and shall be further applied on a Loans pro rata basis to across the remaining scheduled Installments of principal of the Tranche C Term Loans; second, to prepay the Swing Line Loans to the full extent thereof and to permanently reduce the Revolving Commitments by the amount of such prepayment; third, to prepay the Revolving Loans to the full extent thereof and to further permanently reduce the Revolving Commitments by the amount of such prepayment; fourth, to prepay outstanding reimbursement obligations with respect to Letters of Credit and to further permanently reduce the Revolving Loan Commitments by the amount of such prepayment; and fifth, to cash collateralize Letters of Credit and to further permanently reduce the Revolving Loan Commitments by the amount of such cash collateralization. Any amounts remaining after application in accordance herewith shall be retained by Borrower; and sixth, provided, that the amount of to further permanently reduce the Revolving Commitments shall be reduced by such amounts to the full extent thereof.