Application of Prepayments Generally. Each prepayment of Term Loans pursuant to the foregoing provisions of this Section 2.05(b) shall be applied ratably to the remaining principal repayment installments of the Term B Facility on a pro rata basis.
Application of Prepayments Generally. Each prepayment of Loans pursuant to the foregoing provisions of this Section 2.03(b) or Section 6.07(b) shall be applied to the remaining scheduled principal repayment installments of the Facility on a pro-rata basis. Notwithstanding the foregoing, each Lender shall have the right to reject its pro-rata share of any prepayment made in accordance with this Section 2.03(b), (other than a prepayment as a result of the occurrence of the Termination Date) in which case the amounts so rejected shall be offered to each non-rejecting Lender. The Borrower shall give the Administrative Agent written notice of any prepayment made in accordance with this Section 2.03(b) no later than 1:00 p.m. five business days prior to the date of the proposed prepayment indicating the amount of such prepayment to be applied to the Loans and, upon receiving such notice from the Borrower, the Administrative Agent shall promptly forward such notice of proposed prepayment to all Lenders and Lender Counterparties. Any Lender who is exercising its right to reject its pro-rata share of any prepayment made in accordance with this Section 2.03(b) shall so advise the Administrative Agent no later than 4:00 p.m. on the date that is two Business Days after the date of such notice from the Administrative Agent and the Administrative Agent shall promptly thereafter notify the Borrower thereof. If any Lender does not reply to the Administrative Agent within such two Business Day period, such Lender will be deemed not to have waived any part of such prepayment. Any amounts or proceeds remaining may be retained by the Borrower.
Application of Prepayments Generally. Each prepayment of Loans pursuant to the foregoing provisions of this Section 2.05(b)(i) and (ii) shall be applied, without premium or penalty, first, to the Term Facility, and second, after the outstanding principal amount of the Term Loans has been repaid in full, to outstanding Revolving Credit Loans, but shall in no event reduce the Revolving Credit Commitments.
Application of Prepayments Generally. All prepayments of the Loans shall be applied to the outstanding principal amount of the Loans of each applicable Lender on a pro rata basis.
Application of Prepayments Generally. (i) Any mandatory prepayments of Revolving Loans under a Revolving Loan Facility under Section 2.7(b) shall reduce the Aggregate Applicable Revolving Loan Commitments with respect to such Revolving Loan Facility, and the corresponding Applicable Revolving Loan Commitments of each Revolving Loan Lender with respect to such Revolving Loan Facility, on a dollar-for-dollar basis.
(ii) Any mandatory prepayments of Term Loans under a Term Loan Facility shall be made in the inverse order of their maturity. Any prepayment of Term Loans pursuant to Section 2.7(b) shall be applied in accordance with the last sentence of Section 2.7(a).
(iii) As between the Borrower and the Credit Parties, after the occurrence and during the continuance of an Event of Default, all payments or prepayments of the Loans may be applied to the Borrower's obligations under this Agreement and the other Loan Documents in such amounts and manner as may be specified in the Loan Documents or otherwise determined by the Administrative Agent in its sole discretion.
(iv) Each prepayment of any Loans made pursuant to this Section 2.7 shall be without premium or penalty, except as may be required by Section 3.5.
(v) The Borrower shall pay, together with each prepayment under Section 2.7(b), accrued interest on the amount prepaid and any amounts required pursuant to Section 3.5. Any prepayments pursuant to Section 2.7(b) made on a day other than an Interest Payment Date for any Loan shall be applied first to any Base Rate Loans then outstanding and then to Eurodollar Loans with the shortest Interest Periods remaining.
(vi) Notwithstanding anything to the contrary contained in this Section 2.7, any Term Loan Lender may elect, by delivering written notice to the Administrative Agent prior to the receipt thereof, not to receive its pro rata portion of any mandatory prepayment that would otherwise be payable to such Term Loan Lender pursuant to this Section 2.7, whereupon such portion shall be reallocated to prepay the outstanding principal amount of all Term Loans and Revolving Loans then being prepaid other than the Term Loans held by such Term Loan Lender and any other Term Loan Lender that has elected not to receive its pro rata portion of such mandatory prepayment, on a pro rata basis among such Loans.
Application of Prepayments Generally. Each prepayment of Loans pursuant to the foregoing provisions of this Section 2.05(b) shall be applied to the principal of the Term Facility.
Application of Prepayments Generally. Within the parameters of the applications set forth above, prepayments (including, without limitation, Deemed Prepayments pursuant to Section 2.05(d)) shall be applied first to Base Rate Loans and then to Term SOFR Loans in direct order of Interest Period maturities. Prepayments of the Revolving Loans pursuant to this Section 2.05(:f) (other than prepayments of the Effective Date Bridge Loan) shall not reduce the total Revolving Commitments. Any prepayments of the Revolving Loans that are applied to reduce the outstanding principal amount of the Effective Date Bridge Loan shall reduce the total Revolving Commitments by an amount equal to the amount of such prepayment. All prepayments under this Section 2.0S(f} (including, without limitation, Deemed Prepayments pursuant to Section 2.05(d)) shall be subject to Section 3.05, but otherwise shall be without premium or penalty, and shall be accompanied by a payment of all interest accrued on the principal amount prepaid (or deemed prepaid) through the date of prepayment. Any prepayment (or deemed prepayment) of the Revolving Loans in part pursuant to Section 2.05(a), 2.05(b) or 2.05(d) following the Initial Amortization Date shall reduce the Borrowers' amortization payment obligations under Section 2.05(c) with respect to the Revolving Loans and shall be applied pro rata to the then remaining principal amortization installments."
Application of Prepayments Generally. Each ------------------------------------ prepayment of Loans pursuant to the foregoing provisions of this Section 2.05(b) shall be applied, first, ratably to --------------- ----- each of THE Term C Facility, the Delayed-Draw Facility and any Additional Term Facility (with such ratable payment being applied (A) with respect to the Term C Facility, to the principal repayment installments thereof on a pro-rata basis, (B) with respect to any Additional Term Facility, to the principal repayment installments thereof on a pro rata basis or as otherwise set forth in the applicable Credit Agreement Supplement and (C) with respect to the Delayed-Draw Facility, to the principal repayment installments thereof on a pro-rata basis) and, second, after ------ the outstanding principal amount of the Term Loans has been repaid in full, to the Revolving Credit Facility in the manner set forth in clause (vii) of this Section 2.05(b). ---------------
Application of Prepayments Generally. Each prepayment of Loans pursuant to the foregoing provisions of this Section 2.03(b) or Section 6.07(b) shall be applied to the remaining principal repayment installments of the Facility on a pro-rata basis.
Application of Prepayments Generally. Each prepayment of Loans pursuant to the foregoing provisions of this Section 2.05(b) shall be applied, first, ratably to each of the Term B Facility and any Additional Term Facility (with such ratable payment being applied (A) with respect to the Term B Facility, to the principal repayment installments thereof on a pro-rata basis and (B) with respect to any Additional Term Facility, to the principal repayment installments thereof on a pro rata basis or as otherwise set forth in the applicable Credit Agreement Supplement) and, second, after the outstanding principal amount of the Term Loans has been repaid in full, to the Revolving Credit Facility in the manner set forth in clause (vii) of this Section 2.05(b).
