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 as directed by the Borrower. 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), in which case the amounts so rejected shall not be prepaid. 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. (New York time) 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. (New York time)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 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 2.04(b) shall be applied ratably to each of the Term B Facility and each Additional Term Facility and to the principal repayment installments of each such Facility on a pro rata basis.
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.
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 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).
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. Except as otherwise provided with respect to the application of Second Lien Note Proceeds in clause (B) below, 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).
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 2.05(b) shall be applied to the principal of the Term Facility.
