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

Application of Prepayments by Type of Loans. Each voluntary and mandatory prepayment of the Term Loan pursuant to Section 2.02(a) and Section 2.02(b) shall be applied as follows: first, to the payment of all fees, and all expenses specified in Section 10.04, to the full extent thereof;

Appears in 2 contracts

Samples: Senior Secured Credit Agreement (NXT-Id, Inc.), Senior Secured Credit Agreement (NXT-Id, Inc.)

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Application of Prepayments by Type of Loans. Each Any voluntary prepayments of Term Loans pursuant to Section 2.12 and any mandatory prepayment of the Term any Loan pursuant to Section 2.02(a) and Section 2.02(b) 2.13 shall be applied as follows: first, to the payment of all fees, and all expenses specified in Section 10.0410.2, in each case to the full extent thereof; WEIL:\96958663\10\71605.0155 second, to the payment of any accrued interest at the Default Rate, if any;

Appears in 1 contract

Samples: Credit and Guaranty Agreement (REVA Medical, Inc.)

Application of Prepayments by Type of Loans. Each Any voluntary prepayments of Term Loans pursuant to Section 2.12 and any mandatory prepayment of the Term any Loan pursuant to Section 2.02(a) and Section 2.02(b) 2.13 shall be applied as follows: first, to the payment of all fees, including any fees and amounts payable pursuant to the Fee Letter, and all expenses specified in Section 10.0410.2, to the full extent thereof; second, to the payment of any accrued interest at the Default Rate, if any;

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Meridian Waste Solutions, Inc.)

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Application of Prepayments by Type of Loans. Each Any voluntary prepayments of Loans pursuant to Section 2.9 and any mandatory prepayment of the any Term Loan pursuant to Section 2.02(a) and Section 2.02(b) 2.10 shall be applied as follows: first, to the payment of all fees, costs, indemnities or other expenses then due pursuant to this Agreement or in any other Credit Document (including, without limitation, expenses and all expenses indemnities specified in Section 10.04Sections 2.10 and 10.3), to the full extent thereof;

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Eos Energy Enterprises, Inc.)

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