Application of Prepayments of Loans to Base Rate Loans and SOFR 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 SOFR 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 (Bioventus Inc.), Credit and Guaranty Agreement (Artivion, Inc.), Credit and Guaranty Agreement (Bioventus Inc.)
Application of Prepayments of Loans to Base Rate Loans and SOFR Loans. Considering each Class Any prepayment 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 SOFR Loans, in each case, case in a manner that which minimizes the amount of any payments required to be made by the Borrower pursuant to Section 2.18(c2.15(c).
Appears in 3 contracts
Samples: Credit and Guaranty Agreement (PLBY Group, Inc.), Credit and Guaranty Agreement (PLBY Group, Inc.), Credit and Guaranty Agreement (PLBY Group, Inc.)
Application of Prepayments of Loans to Base Rate Loans and SOFR 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 SOFR Loans, in each case, case in a manner that which minimizes the amount of any payments required to be made by the Borrower pursuant to Section 2.18(c)2.20.
Appears in 3 contracts
Samples: Credit Agreement (B. Riley Financial, Inc.), Credit Agreement (B. Riley Financial, Inc.), Credit Agreement (B. Riley Financial, Inc.)
Application of Prepayments of Loans to Base Rate Loans and SOFR 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 SOFR Loans, in each case, in a manner that which minimizes the amount of any payments required to be made by the Borrower Borrowers pursuant to Section 2.18(c2.17(c).
Appears in 2 contracts
Samples: Credit and Guaranty Agreement (Priority Technology Holdings, Inc.), Credit and Guaranty Agreement (Priority Technology Holdings, Inc.)
Application of Prepayments of Loans to Base Rate Loans and SOFR Loans. Considering each Class Any prepayment of the Loans being prepaid separately, any prepayment thereof will shall be applied first to Base Rate Loans to the full extent thereof before application to SOFR Loans, in each case, case in a manner that which minimizes the amount of any payments required to be made by the Borrower pursuant to Section 2.18(c2.17(c).
Appears in 1 contract
Samples: Credit Agreement (Keypath Education International, Inc.)
Application of Prepayments of Loans to Base Rate Loans and SOFR 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 SOFR 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(b).
Appears in 1 contract
Application of Prepayments of Loans to Base Rate Loans and SOFR 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 SOFR Loans, in each case, case in a manner that minimizes the amount of any payments required to be made by the Borrower Company pursuant to Section 2.18(c2.17(d).
Appears in 1 contract
Samples: Credit and Guaranty Agreement (ONE Group Hospitality, Inc.)
Application of Prepayments of Loans to Base Rate Loans and SOFR 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 SOFR Loans, in each case, in a manner that which minimizes the amount of any payments required to be made by the Borrower Borrowers pursuant to Section 2.18(c2.17(c).. (d)
Appears in 1 contract
Samples: Credit and Guaranty Agreement (Priority Technology Holdings, Inc.)
Application of Prepayments of Loans to Base Rate Loans and SOFR 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 SOFR 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
