Application of Prepayments to Base Rate Loans and Eurodollar Rate Loans. Considering Term Loans and Revolving Loans being prepaid separately, any prepayment thereof shall be applied first to Base Rate Loans to the full extent thereof before application to Eurodollar Rate Loans, in each case in a manner that minimizes the amount of any payments required to be made by Company pursuant to subsection 2.6D.
Application of Prepayments to Base Rate Loans and Eurodollar Rate Loans. Any prepayment of Loans shall be applied first to Base Rate Loans to the full extent thereof before application to Eurodollar Rate Loans, in each case in a manner which minimizes the amount of any payments required to be made by Company pursuant to subsection 2.6D.
Application of Prepayments to Base Rate Loans and Eurodollar Rate Loans. Considering Term Loans and Revolving Loans being prepaid separately, any prepayment thereof shall be applied first to Base Rate Loans to the full extent thereof before application to Eurodollar Rate Loans, in each case in a manner that minimizes the amount of any payments required to be made by Company pursuant to subsection 2.6D; provided, however, that Company may elect that the remainder of such prepayments not applied to prepay Base Rate Loans be deposited in the Collateral Account and applied thereafter to prepay the Eurodollar Rate Loan or Loans with Interest Periods expiring on a date or dates nearest the date of deposit in accordance with this subsection 2.4B(iv), upon expiration of such Interest Periods.
Application of Prepayments to Base Rate Loans and Eurodollar Rate Loans. Considering Tranche A Term Loans, Tranche B Term Loans, Tranche D Term Loans and Revolving Loans being prepaid separately, any prepayment thereof shall be applied as specified by Company to Administrative Agent on or prior to the date of the relevant prepayment or, absent such specification, first to Base Rate Loans to the full extent thereof before application to Eurodollar Rate Loans, in each case in a manner which minimizes the amount of any payments required to be made by Company pursuant to subsection 2.6D.
Application of Prepayments to Base Rate Loans and Eurodollar Rate Loans. In connection with any voluntary prepayments by Company pursuant to subsection 2.4B(i) and considering Term Loans and Revolving Loans being prepaid separately, any voluntary prepayment thereof shall be applied first to Base Rate Loans to the full extent thereof before application to Eurodollar Rate Loans, in each case in a manner that minimizes the amount of any payments required to be made by Company pursuant to subsection 2.6D. In connection with any mandatory prepayments by Company of the Term Loans pursuant to subsections
Application of Prepayments to Base Rate Loans and Eurodollar Rate Loans. Any prepayment shall be applied first to Base Rate Loans to the full extent thereof before application to Eurodollar Rate Loans, in each case in a manner which minimizes the amount of any payments required to be made by Company pursuant to subsection 2.6D. In the event that the amount of any prepayment required to be made pursuant to subsection 2.4A(iii) exceeds the aggregate principal amount of the Base Rate Loans outstanding required to be prepaid (the amount of any such excess being called the "DEFERRED PREPAYMENT AMOUNT"), Company shall have the right, in lieu of making such prepayment in full, to prepay all the outstanding Base Rate Loans and to deposit an amount equal to the Deferred Prepayment Amount with the Administrative Agent in the Collateral Account. Any amount so deposited shall be held by Administrative Agent as Collateral for the Obligations and applied to the prepayment of the applicable Eurodollar Rate Loans at the end of the expiration of the Interest Periods applicable thereto and Company hereby authorizes Administrative Agent to apply such Deferred Prepayment Amount to repay outstanding Revolving Loans at the end of the expiration of the Interest Periods applicable thereto. As long as the Deferred Prepayment Amount is deposited in the Collateral Account on the date the applicable prepayment is required to be made pursuant to subsection 2.4(A)(iii), Company shall not be required to pay interest pursuant to subsection 2.2E or compensation for breakage pursuant to subsection 2.6D.
Application of Prepayments to Base Rate Loans and Eurodollar Rate Loans. Any prepayment of Loans shall be applied first to Base Rate Loans to the full extent thereof before application to Eurodollar Rate Loans, in each case in a manner that minimizes the amount of any payments required to be made by Borrower pursuant to subsection 2.6D; provided, however, that Borrower may elect that the remainder of such prepayments not applied to prepay Base Rate Loans be deposited in the Collateral Account and applied thereafter to prepay the Eurodollar Rate Loan or Loans with Interest Periods expiring on a date or dates nearest the date of deposit in accordance with this subsection 2.4A(iv), upon expiration of such Interest Periods.
Application of Prepayments to Base Rate Loans and Eurodollar Rate Loans. Any prepayment of the Loans shall reduce the scheduled payment of the Loans set forth in subsection 2.4A and shall be applied first to Base Rate Loans to the full extent thereof before application to Eurodollar Rate Loans, in each case in a manner which minimizes the amount of any payments required to be made by Company pursuant to subsection 2.6D.
Application of Prepayments to Base Rate Loans and Eurodollar Rate Loans. Any mandatory prepayment of Term Loans shall be applied to all then outstanding Term Loans on a pro rata basis (in accordance with the respective outstanding principal amounts thereof) without regard to whether such Loans are Base Rate Loans or Eurodollar Rate Loans and without regard to the Interest Period of any such Eurodollar Rate Loans. Mandatory prepayments to be applied to Revolving Loans, and voluntary prepayments of Term Loans or Revolving Loans (considering such Term Loans and Revolving Loans being prepaid separately), shall be applied first to Base Rate Loans to the full extent thereof before application to Eurodollar Rate Loans, in each case in a manner which minimizes the amount of any payments required to be made by Company pursuant to subsection 2.6D.
Application of Prepayments to Base Rate Loans and Eurodollar Rate Loans. Any prepayment of Revolving Loans or of the Term Loan shall be applied first to Base Rate Loans that are Revolving Loans or that are included in the Term Loan, as applicable, to the full extent thereof before application to Eurodollar Rate Loans that are Revolving Loans or that are included in the Term Loan, as applicable, in each case in a manner that minimizes the amount of any payments required to be made by Borrower pursuant to subsection 2.6D; provided, however, that Borrower may elect that the remainder of such prepayments not applied to prepay Base Rate Loans be deposited in the Collateral Account and applied thereafter to prepay the Eurodollar Rate Loan or Loans that are Revolving Loans or that are included in the Term Loan, as applicable, with Interest Periods expiring on a date or dates nearest the date of deposit in accordance with this subsection 2.4A(iv), upon expiration of such Interest Periods.
