Application of Prepayments of Loans to Base Rate Loans and SOFR Loans. Any prepayment of Loans shall be applied first to Base Rate Loans to the full extent thereof before application to SOFR Loans, in each case in a manner which minimizes the amount of any payments required to be made by the Borrower pursuant to Section 2.15(c).
Appears in 4 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. Any prepayment Considering each Class of Loans shall 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 case, in a manner which that minimizes the amount of any payments required to be made by the Borrower pursuant to Section 2.15(c2.18(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. Any prepayment Considering each Class of Loans being prepaid separately, any prepayment thereof shall be applied first to Base Rate Loans to the full extent thereof before application to SOFR Loans, in each case in a manner which minimizes the amount of any payments required to be made by the Borrower pursuant to Section 2.15(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. Any prepayment Considering each Class of Loans being prepaid separately, any prepayment thereof 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 which minimizes the amount of any payments required to be made by the Borrower Borrowers pursuant to Section 2.15(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. Any prepayment Considering each Class of Loans being prepaid separately, any prepayment thereof shall be applied first to Base Rate Loans to the full extent thereof before application to SOFR Loans, in each case in a manner which that minimizes the amount of any payments required to be made by the Borrower Company pursuant to Section 2.15(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. Any prepayment Considering each Class of Loans being prepaid separately, any prepayment thereof 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 which minimizes the amount of any payments required to be made by the Borrower Borrowers pursuant to Section 2.15(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. Any prepayment Considering each Class of Loans being prepaid separately, any prepayment thereof shall be applied first to Base Rate Loans to the full extent thereof before application to SOFR Loans, in each case in a manner which minimizes the amount of any payments required to be made by the Borrower Company pursuant to Section 2.15(c3.05(b).
Appears in 1 contract
Application of Prepayments of Loans to Base Rate Loans and SOFR Loans. Any prepayment Considering each Class of Loans being prepaid separately, any prepayment thereof 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 which minimizes the amount of any payments required to be made by the Borrower pursuant to Section 2.15(c2.14(b).
Appears in 1 contract
Application of Prepayments of Loans to Base Rate Loans and SOFR Loans. Any prepayment of the Loans shall be applied first to Base Rate Loans to the full extent thereof before application to SOFR Loans, in each case in a manner which minimizes the amount of any payments required to be made by the Borrower pursuant to Section 2.15(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. Any prepayment of Loans shall be applied first to Base Rate Loans to the full extent thereof before application to SOFR Loans, in each case in a manner which minimizes the amount of any payments required to be made by the Borrower Borrowers pursuant to Section 2.15(c)3.04.
Appears in 1 contract
