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(d) shall be applied to prepay Term Loans on a pro rata basis (in accordance with the respective outstanding principal amounts thereof, which prepayments shall be applied to the scheduled Installments of principal in accordance with Section 2.15(c)).

Appears in 3 contracts

Samples: Credit and Guaranty Agreement (PVH Corp. /De/), Credit and Guaranty Agreement (PVH Corp. /De/), Counterpart Agreement (PVH Corp. /De/)

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Application of Mandatory Prepayments by Type of Loans. Any amount required to be paid pursuant to Sections 2.14(a) through 2.14(d2.14(e) shall be applied as follows: first, to prepay Term Loans on a pro rata basis (if applicable and in accordance with the respective outstanding principal amounts thereof, which prepayments shall be ) and further applied on a pro rata basis to the remaining scheduled Installments of principal in accordance with Section 2.15(c)).of the Term Loans; second, to prepay the Swing Line Loans to the full extent thereof;

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (RadNet, Inc.), Credit and Guaranty Agreement (RadNet, Inc.)

Application of Mandatory Prepayments by Type of Loans. Any amount required to be paid pursuant to Sections 2.14(a) through 2.14(d2.14(e) shall be applied to prepay Term Loans of each Lender on a pro rata basis (in accordance with the respective outstanding principal amounts thereof, which prepayments shall be applied to the scheduled Installments of principal in accordance with Section 2.15(c))basis.

Appears in 2 contracts

Samples: Counterpart Agreement (Arizona Chemical Ltd.), Second Lien Credit and Guaranty Agreement (Arizona Chemical Ltd.)

Application of Mandatory Prepayments by Type of Loans. Any amount required to be paid pursuant to Sections 2.14(a) through 2.14(d2.14(e) shall be applied as follows: first, to prepay Term Loans on a pro rata basis (in accordance with the respective outstanding principal amounts thereof, which prepayments shall be ) and further applied on a pro rata basis to reduce the remaining scheduled Installments of principal in accordance with Section 2.15(cof the Tranche A Term Loans, Tranche B Term Loans and the New Term Loans (if any)).; second, to prepay the Swing Line Loans to the full extent thereof;

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Valeant Pharmaceuticals International, Inc.), Credit and Guaranty Agreement (Valeant Pharmaceuticals International, Inc.)

Application of Mandatory Prepayments by Type of Loans. Any amount required to be paid pursuant to Sections 2.14(a) through 2.14(d2.14(e) shall be applied as follows: first, to prepay Tranche C Term Loans on a pro rata basis (in accordance with the respective outstanding principal amounts thereof, which prepayments ) and shall be further applied on a pro rata basis to the remaining scheduled Installments Installment of principal in accordance with Section 2.15(c)).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;

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Carter William Co /Ga/)

Application of Mandatory Prepayments by Type of Loans. Any amount required to be paid pursuant to Sections 2.14(a2.10(a) through 2.14(d2.10(c) shall be applied to prepay Term the Loans on a pro rata basis (in accordance with the respective outstanding principal amounts thereof, which prepayments shall be applied to the scheduled Installments of principal in accordance with Section 2.15(c)).

Appears in 1 contract

Samples: Security Agreement (Pioneer Energy Services Corp)

Application of Mandatory Prepayments by Type of Loans. Any amount required to be paid pursuant to Sections 2.14(a) through 2.14(d) shall be applied to prepay Term Loans on a pro rata basis (in accordance with the respective outstanding principal amounts thereof, which prepayments shall be applied to the scheduled Installments of principal in accordance with Section 2.15(c)).

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Aeroflex Inc)

Application of Mandatory Prepayments by Type of Loans. Any amount required to be paid pursuant to Sections 2.14(a) through 2.14(d) shall be applied as follows: first, to prepay Term Loans on a pro rata basis (if applicable and in accordance with the respective outstanding principal amounts thereof, which prepayments shall be ) and further applied on a pro rata basis to the remaining scheduled Installments of principal in accordance with Section 2.15(c)).of the Term Loans; second, to prepay the Swing Line Loans to the full extent thereof;

Appears in 1 contract

Samples: Credit and Guaranty Agreement (RadNet, Inc.)

Application of Mandatory Prepayments by Type of Loans. Any amount required to be paid pursuant to Sections 2.14(a) through 2.14(d) Section 2.27 shall be applied to prepay Term the Loans on a pro rata basis (in accordance with the respective outstanding principal amounts thereof, which prepayments shall be applied to the scheduled Installments of principal in accordance with Section 2.15(c)).

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Paramount Acquisition Corp)

Application of Mandatory Prepayments by Type of Loans. Any amount required to be paid pursuant to Sections 2.14(a) through 2.14(d2.14(e) and 2.14(h) shall be applied as follows: first, to prepay Term Loans on a pro rata basis (in accordance with the respective outstanding principal amounts thereof, which prepayments ) and shall be further applied on a pro rata basis to the remaining scheduled Installments of principal in accordance with Section 2.15(c)).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;

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Bell Powersports, Inc.)

Application of Mandatory Prepayments by Type of Loans. Any amount required to be paid pursuant to Sections 2.14(a) through 2.14(d2.14(f) shall be applied to prepay Term Loans on a pro rata basis (in accordance with the respective outstanding principal amounts thereof, which prepayments shall be applied to the remaining scheduled Installments of principal in accordance with Section 2.15(c))thereof.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Keystone Automotive Operations Inc)

Application of Mandatory Prepayments by Type of Loans. Any amount required to be paid pursuant to Sections 2.14(a) through 2.14(d2.14(c) shall be applied to prepay the Term Loans as follows: (i) 50% of such prepayment shall be applied to prepay each remaining scheduled Installments of principal of Term Loans in the inverse order of maturity and (ii) the remaining 50% of each such prepayment shall be applied to prepay each remaining scheduled Installments of principal of Term Loans on a pro rata basis (in accordance with the respective outstanding principal amounts thereof, which prepayments shall be applied to the scheduled Installments of principal in accordance with Section 2.15(c)).

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Payless Shoesource Inc /De/)

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Application of Mandatory Prepayments by Type of Loans. Any amount required to be paid pursuant to Sections 2.14(a2.15(a) through 2.14(d2.15(e) and 2.15(h) shall be applied to prepay scheduled Installments of the Term Loans Loan due within the next four quarters and then on a pro rata basis (in accordance with the respective outstanding principal amounts thereof, which prepayments ) and shall be further applied on a pro rata basis to the remaining scheduled Installments of principal in accordance with Section 2.15(c))the applicable Term Loans.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Easton-Bell Sports, Inc.)

Application of Mandatory Prepayments by Type of Loans. Any amount required to be paid pursuant to Sections 2.14(a) through 2.14(d2.14(e) shall be applied to prepay to the next four (4) scheduled Installments of the Term Loans on a pro rata basis (in accordance with the respective outstanding principal amounts thereof, which prepayments shall be ) and thereafter applied on a pro rata basis to the remaining scheduled Installments of principal of the Term Loans on a pro rata basis (in accordance with Section 2.15(c)respective outstanding principal amounts thereby).

Appears in 1 contract

Samples: Intercreditor Agreement (Fairmount Santrol Holdings Inc.)

Application of Mandatory Prepayments by Type of Loans. Any amount required to be paid pursuant to Sections 2.14(a) through 2.14(d2.14(e) shall be applied to prepay Term Loans on a pro rata basis (in accordance with the respective outstanding principal amounts thereof, which prepayments shall be applied to the scheduled Installments of principal in accordance with Section 2.15(c)).

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Solera Holdings, Inc)

Application of Mandatory Prepayments by Type of Loans. Any amount required to be paid pursuant to Sections 2.14(a) through 2.14(d2.14(e) shall be applied as follows: first, to prepay Term Loans on a pro rata basis (in accordance with the respective outstanding principal amounts thereof, which prepayments ) and shall be further applied on a pro rata basis to the remaining scheduled Installments of principal in accordance with Section 2.15(c)).of the Term Loans;

Appears in 1 contract

Samples: First Lien Credit and Guaranty Agreement (Gentek Inc)

Application of Mandatory Prepayments by Type of Loans. Any amount required to be paid pursuant to Sections 2.14(a2.12(a) through 2.14(dor 2.12(b) shall will be applied to prepay Term Loans on a pro rata basis (in accordance with the respective outstanding principal amounts thereof, which prepayments shall be ) and further applied on a pro rata basis to the remaining scheduled Installments of principal in accordance with Section 2.15(c))of the Term Loans.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Inovalon Holdings, Inc.)

Application of Mandatory Prepayments by Type of Loans. Any amount required to be paid pursuant to Sections 2.14(a) through 2.14(d) shall be applied as follows: first, to prepay Term Loans on a pro rata basis (if applicable and in accordance with the respective outstanding principal amounts thereof, which prepayments shall be ) and further applied on a pro rata basis to the remaining scheduled Installments of principal in accordance with Section 2.15(c)).of the Term Loans; second, to prepay the Swing Line Loans to the full extent thereof; third, to prepay the Revolving Loans to the full extent thereof;

Appears in 1 contract

Samples: Intercreditor Agreement (RadNet, Inc.)

Application of Mandatory Prepayments by Type of Loans. Any amount required to be paid pursuant to Sections 2.14(a) through 2.14(d2.14(e) shall be applied as follows: first, to prepay Term Loans on a pro rata basis (in accordance with the respective outstanding principal amounts thereof, which prepayments shall be applied to the remaining scheduled Installments of principal in accordance with Section 2.15(c)).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;

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Services International LLC)

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