Application of Prepayments of Term Loans Sample Clauses

Application of Prepayments of Term Loans. (i) Any prepayment of any Term Loan pursuant to Section 2.12 shall be applied as directed by the Lead Borrower (and absent such direction, in inverse order of maturity thereof), and (ii) any mandatory prepayment of any Loan pursuant to Section 2.13 shall be applied to reduce the then remaining installments of the Term Loans (including the installment thereof due on the Maturity Date) pro rata based upon the respective then remaining principal amounts thereof, in each case, until paid in full.
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Application of Prepayments of Term Loans. (i) Any prepayment of the Term Loan pursuant to Section 2.9 shall be applied as specified by Company pursuant to a written notice to Administrative Agent; provided that in the event Company fails to specify how such prepayment shall be applied, such prepayment shall be applied to prepay the Term Loans first, to reduce the scheduled remaining Installments in direct order of maturity. (ii) Except in connection with any Waivable Mandatory Prepayment provided for in Section 2.11(b), so long as no Application Event has occurred and is continuing, any mandatory prepayment of any Loan pursuant to Section 2.10 shall be applied first, to accrued interest and fees with respect to the Term Loans being prepaid and second, to reduce the scheduled remaining Installments on a pro rata basis. After application of mandatory prepayments of Term Loans described in this clause (ii) and to the extent there are mandatory prepayment amounts remaining after such application, such amounts shall be applied first, to the principal of the Term Loans until paid in full and second, to permanently reduce any undrawn Delayed Draw Term Loan Commitment.
Application of Prepayments of Term Loans. (i) Any prepayment of any Term Loan pursuant to Section 2.12 shall be applied (A) first, to the Tranche A-1 Term Loans until paid in full and (B) second, to the Tranche A-2 Term Loans until paid in full, in each case, as directed by the Lead Borrower (and absent such direction, in direct order of maturity thereof), and (ii) any mandatory prepayment of any Loan pursuant to Section 2.13 shall be applied (A) first, (x) with respect to mandatory prepayments made prior to the first anniversary of the Closing Date, to the Tranche A-1 Term Loans, ratably in inverse order of maturity thereof until paid in full and (y) with respect to mandatory prepayments made on or after the first anniversary of the Closing Date, to the Tranche A-1 Term Loans ratably in the inverse order of maturity thereof until paid in full and (B) second, to the Tranche A-2 Term Loans to the installments due thereunder (including at maturity) on pro rata basis until paid in full.
Application of Prepayments of Term Loans to Tranche A Term Loans and Tranche B Term Loans and the Scheduled Installments of Principal Thereof. Any prepayments of the Term Loans pursuant to subsection 2.4B(i) or 2.4B(iii) shall be applied to prepay the Tranche A Term Loans and the Tranche B Term Loans on a pro rata basis in accordance with the respective outstanding principal amounts thereof. Any mandatory prepayments applied to the Tranche A Term Loans or the Tranche B Term Loans pursuant to this subsection shall be applied on a pro rata basis (in accordance with the respective outstanding principal amounts thereof) to each scheduled installment of principal of the Tranche A Term Loans or the Tranche B Term Loans, as the case may be, set forth in subsection 2.4A(i) or 2.4A(ii), respectively, that is unpaid at the time of such prepayment.
Application of Prepayments of Term Loans to Tranche A Term Loans, Tranche B Term Loans and Tranche C Term Loans and the Scheduled Installments of Principal Thereof. Any prepayments of the Term Loans pursuant to subsection 2.4B(i) or 2.4B(iii) shall be applied to prepay the Tranche A Term Loans, the Tranche B Term Loans and the Tranche C Term Loans on a pro rata basis in accordance with the respective outstanding principal amounts thereof. Any mandatory prepayments applied to the Tranche A Term Loans, the Tranche B Term Loans or the Tranche C Term Loans pursuant to this subsection shall be applied on a pro rata basis (in accordance with the respective outstanding principal amounts thereof) to each scheduled installment of principal of the Tranche A Term Loans, the Tranche B Term Loans or the Tranche C Term Loans, as the case may be, set forth in subsection 2.4A(i), 2.4A(ii) or 2.4A(iii), respectively, that is unpaid at the time of such prepayment.
Application of Prepayments of Term Loans. Except in connection with any Waivable Mandatory Prepayment provided for in Section 2.11(b), so long as no Application Event has occurred and is continuing: (i) any mandatory prepayment of any Loan pursuant to Section 2.10 (other than Section 2.10(a)(ii)(A)),2.10, in each case, shall be applied as follows:
Application of Prepayments of Term Loans. Each prepayment of Term Loans shall be applied first, pro rata to repay the Deferred Installment Amounts until paid in full and, then, pro rata to the remaining installments of the Term Loans."
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Application of Prepayments of Term Loans. (i) Any prepayment of the Term Loan pursuant to Section 2.9 and (ii) except in connection with any Waivable Mandatory Prepayment provided for in Section 2.11(b), so long as no Application Event has occurred and is continuing, any mandatory prepayment of any Loan pursuant to Section 2.10, in each case, shall be applied as follows: first, to prepay accrued and unpaid interest on the Term Loan; second, to pay any Prepayment Premium and any Applicable Premium payable thereon; and third, to prepay (A) first, the principal of the Initial Term Loan until paid in full and (B) second, the principal of the Delayed Draw Term Loan until paid in full.
Application of Prepayments of Term Loans. (a) Any partial prepayment of a Term Loan shall be applied to installments due on such Loan in the inverse order of their maturities.
Application of Prepayments of Term Loans to the ----------------------------------------------- Scheduled Installments of Principal Thereof. Any prepayments of the ------------------------------------------- Tranche A Term Loans or Tranche B Term Loans pursuant to subsection 2.4B(i) or 2.4B(iii) shall be applied to prepay the Tranche A Term Loans or Tranche B Term Loans on a pro rata basis in accordance with the outstanding principal amounts thereof. Any mandatory prepayments applied to the Tranche A Term Loans or Tranche B Term Loans pursuant to this subsection shall be applied on a pro rata basis (in accordance with the respective outstanding principal amounts thereof) to each scheduled installment of principal of the Tranche A Term Loans or Tranche B Term Loans set forth in subsections 2.4A(i) or 2.4A(ii), respectively, that is unpaid at the time of such prepayment.
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