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

Application of Prepayments of Loans to Base Rate Loans and LIBO Rate Loans. Any prepayment of the Loans shall be applied first to Base Rate Loans to the full extent thereof, before application to LIBO Rate Loans, in each case in a manner which minimizes the amount of any payments required to be made by Borrower pursuant to Section 2.17(c) (Compensation for Breakage or Non-Commencement of Interest Periods).

Appears in 3 contracts

Samples: Credit and Guaranty Agreement (Cheniere Energy Partners, L.P.), Credit and Guaranty Agreement (Cheniere Energy Partners, L.P.), Credit and Guaranty Agreement

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Application of Prepayments of Loans to Base Rate Loans and LIBO Rate Loans. Any Considering each Class of Loans being prepaid separately, any prepayment of the Loans thereof shall be applied first to Base Rate Loans to the full extent thereof, thereof before application to LIBO Rate Loans, in each case in a manner which that minimizes the amount of any payments required to be made by Borrower Company pursuant to Section 2.17(c) (Compensation for Breakage or Non-Commencement of Interest Periods2.17(d).

Appears in 3 contracts

Samples: Credit and Guaranty Agreement (ONE Group Hospitality, Inc.), Credit and Guaranty Agreement (ONE Group Hospitality, Inc.), Credit and Guaranty Agreement (ONE Group Hospitality, Inc.)

Application of Prepayments of Loans to Base Rate Loans and LIBO Rate Loans. Any prepayment of the Loans shall be applied first to Base Rate Loans to the full extent thereof, before application to LIBO Rate Loans, in each case in a manner which minimizes the amount of any payments required to be made by Borrower pursuant to Section 2.17(c2.15(c) (Compensation for Breakage or Non-Commencement of Interest Periods).

Appears in 3 contracts

Samples: Revolving Credit Agreement (Cheniere Energy, Inc.), Revolving Credit Agreement (Cheniere Energy Inc), Revolving Credit Agreement (Cheniere Energy Inc)

Application of Prepayments of Loans to Base Rate Loans and LIBO Rate Loans. Any Considering each Class of Loans being prepaid separately, any prepayment of the Loans thereof shall be applied first to Base Rate Loans to the full extent thereof, thereof before application to LIBO Rate Loans, in each case in a manner which that minimizes the amount of any payments required to be made by Borrower Company pursuant to Section 2.17(c) (Compensation for Breakage or Non-Commencement of Interest Periods).

Appears in 2 contracts

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

Application of Prepayments of Loans to Base Rate Loans and LIBO Rate Loans. Any Considering each Class of Loans being prepaid separately, any prepayment of the Loans thereof shall be applied first to Base Rate Loans to the full extent thereof, thereof before application to LIBO Rate Loans, in each case in a manner which that minimizes the amount of any payments required to be made by Borrower Company pursuant to Section 2.17(c) (Compensation for Breakage or Non-Commencement of Interest Periods2.16(c).

Appears in 1 contract

Samples: Credit and Guaranty Agreement (P10, Inc.)

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Application of Prepayments of Loans to Base Rate Loans and LIBO Rate Loans. Any Considering each Class of Loans being prepaid separately, any prepayment of the Loans thereof shall be applied first to Base Rate Loans to the full extent thereof, thereof before application to LIBO Rate Loans, in each case in a manner which that minimizes the amount of any payments required to be made by Borrower the Companies pursuant to Section 2.17(c) (Compensation for Breakage or Non-Commencement of Interest Periods2.16(d).

Appears in 1 contract

Samples: Credit and Guaranty Agreement (OneWater Marine Inc.)

Application of Prepayments of Loans to Base Rate Loans and LIBO Rate Loans. Any prepayment of the Loans shall be applied first to Base Rate Loans to the full extent thereof, thereof before application to LIBO Rate Loans, in each case in a manner which minimizes the amount of any payments required to be made by Borrower pursuant to Section 2.17(c) (Compensation for Breakage or Non-Commencement of Interest Periods).

Appears in 1 contract

Samples: Credit Agreement (Empire Resorts Inc)

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