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 Section 2.10(c) shall be applied as follows: (i) first, to prepay the Swing Line Loans to the full extent thereof; (ii) second, to prepay the Revolving Loans to the full extent thereof; (iii) third, to prepay outstanding reimbursement obligations with respect to Letters of Credit; and (iv) fourth, to cash collateralize Letters of Credit.

Appears in 5 contracts

Samples: Revolving Credit Agreement (Las Vegas Sands Corp), Revolving Credit Agreement (Las Vegas Sands Corp), Revolving Credit Agreement (Las Vegas Sands Corp)

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Application of Mandatory Prepayments by Type of Loans. Any amount required to be paid pursuant to Section 2.10(c2.14(c) shall be applied as follows: (i) : first, to prepay the Swing Line Loans to the full extent thereof; (ii) ; second, to prepay the Revolving Loans to the full extent thereof; (iii) ; third, to prepay outstanding reimbursement obligations with respect to Letters of Credit; and (iv) and fourth, to cash collateralize Cash Collateralize Letters of Credit.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (TerraForm Power, Inc.)

Application of Mandatory Prepayments by Type of Loans. Any amount required to be paid pursuant to Section 2.10(c2.03(c) shall be applied as follows: (i) : first, to prepay the Swing Line Loans to the full extent thereof; (ii) thereof and to permanently reduce the Revolving Commitments by the amount of such prepayment; second, to prepay the Revolving Loans to the full extent thereofthereof and to further permanently reduce the Revolving Commitments by the amount of such prepayment; (iii) third, to prepay outstanding reimbursement obligations with respect to Letters of Credit; and (iv) fourth, to cash collateralize Letters of Credit.

Appears in 1 contract

Samples: Revolving Credit Agreement (Spansion Inc.)

Application of Mandatory Prepayments by Type of Loans. Any amount required to be paid pursuant to Section 2.10(c2.27 (other than pursuant to Section 2.27(f) shall be applied as follows: (i) first: First, to prepay Term Loans on a pro rata basis to reduce the scheduled remaining Installments of principal thereof; Second, to prepay the Swing Line Loans to the full extent thereof; (ii) second; Third, to prepay the Revolving Loans to the full extent thereof; (iii) third; and Fourth, to prepay outstanding reimbursement obligations with respect to Letters of Credit; and (iv) fourth, to cash collateralize Letters of Credit.

Appears in 1 contract

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

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Application of Mandatory Prepayments by Type of Loans. Any amount required to be paid pursuant to Section 2.10(cSections 2.12(a) through 2.12(d) shall be applied as follows: (i) : first, to prepay the Swing Line Loans to the full extent thereof; (ii) ; second, to prepay the Revolving Loans to the full extent thereof; (iii) ; third, to prepay outstanding reimbursement obligations with respect to Letters of Credit; and (iv) and fourth, to cash collateralize Letters of Credit.

Appears in 1 contract

Samples: Credit Agreement (Carmike Cinemas Inc)

Application of Mandatory Prepayments by Type of Loans. Any amount required to be paid pursuant to Section 2.10(c2.14(b) shall be applied as follows: (i) : first, to prepay the repay outstanding Swing Line Loans to the full extent thereof; (ii) ; second, to prepay the Revolving Loans to the full extent thereof; (iii) thereof and to further permanently reduce the Revolving Commitments by the amount of such prepayment; and third, to prepay outstanding reimbursement obligations with respect to Letters of Credit; and (iv) fourth, to cash collateralize Letters of CreditCredit and to further permanently reduce the Revolving Commitments by the amount of such cash collateralization.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Hm Publishing Corp)

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