Common use of Application of Prepayments of Loans to Base Rate Loans and Eurodollar RateSOFR Loans Clause in Contracts

Application of Prepayments of Loans to Base Rate Loans and Eurodollar RateSOFR Loans. Considering each Class of Loans being prepaid separately, any prepayment thereof will be applied first to Base Rate Loans to the full extent thereof before application to Eurodollar RateSOFR Loans, in each case, in a manner that minimizes the amount of any payments required to be made by the Borrower pursuant to Section 2.18(c).

Appears in 3 contracts

Samples: Credit and Guaranty Agreement (Cohu Inc), Credit and Guaranty Agreement (Artivion, Inc.), Credit and Guaranty Agreement (Bioventus Inc.)

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Application of Prepayments of Loans to Base Rate Loans and Eurodollar RateSOFR Loans. Considering each Class of Loans being prepaid separately, any prepayment thereof will shall be applied first to Base Rate Loans to the full extent thereof before application to Eurodollar RateSOFR Loans, in each case, case in a manner that which minimizes the amount of any payments required to be made by the Borrower Company pursuant to Section 2.18(c3.05(b).

Appears in 1 contract

Samples: Restatement Agreement (CNO Financial Group, Inc.)

Application of Prepayments of Loans to Base Rate Loans and Eurodollar RateSOFR Loans. Considering each Class of Loans being prepaid separately, any prepayment thereof will shall be applied first to Base Rate Loans to the full extent thereof before application to Eurodollar RateSOFR Loans, in each case, in a manner that which minimizes the amount of any payments required to be made by the Borrower pursuant to Section 2.18(c2.14(c).

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Sculptor Capital Management, Inc.)

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Application of Prepayments of Loans to Base Rate Loans and Eurodollar RateSOFR Loans. Considering each Class of Loans being prepaid separately, any prepayment thereof will shall be applied first to Base Rate Loans to the full extent thereof before application to Eurodollar RateSOFR Loans, in each case, in a manner that which minimizes the amount of any payments required to be made by the Borrower pursuant to Section 2.18(c2.14(c).

Appears in 1 contract

Samples: Revolving Credit Agreement (Las Vegas Sands Corp)

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