Application of Prepayments to Base Rate Loans and LIBOR 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 LIBOR 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.
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Samples: Credit Agreement (Propex International Holdings II Inc.), Credit Agreement (Bare Escentuals Inc), Credit Agreement (Bare Escentuals Inc)
Application of Prepayments to Base Rate Loans and LIBOR 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 LIBOR Loans, in each case in a manner that which minimizes the amount of any payments required to be made by Company Borrower pursuant to subsection 2.6D.
Appears in 3 contracts
Samples: Credit Agreement (Winsloew Furniture Inc), Credit Agreement (Winsloew Furniture Inc), Credit Agreement (Prime Hospitality Corp)
Application of Prepayments to Base Rate Loans and LIBOR Loans. Considering Term Loans and Any prepayment of Revolving Loans being prepaid separately, any prepayment thereof shall be applied first to Base Rate Loans to the full extent thereof before application to LIBOR 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.
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Application of Prepayments to Base Rate Loans and LIBOR Loans. Considering Tranche B 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 LIBOR 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.2.7D.
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Application of Prepayments to Base Rate Loans and LIBOR Loans. Considering Term Any prepayment of 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 LIBOR 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.
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Application of Prepayments to Base Rate Loans and LIBOR Loans. Considering Tranche B 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 LIBOR Loans, in each case in a manner that which minimizes the amount of any payments required to be made by Company Borrower pursuant to subsection 2.6D.Subsection F.3.
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Application of Prepayments to Base Rate Loans and LIBOR 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 LIBOR Loans, in each case in a manner that which minimizes the amount of any payments required to be made by Company Borrower pursuant to subsection 2.6D.2.6D;
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Application of Prepayments to Base Rate Loans and LIBOR 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 LIBOR Loans, in each case in a manner that which minimizes the amount of any payments required to be made by Company a Borrower pursuant to subsection 2.6D.
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Application of Prepayments to Base Rate Loans and LIBOR Loans. Considering Term Loans and Revolving Loans being prepaid separatelyUnless the application of such prepayment is otherwise designated by Borrower, any prepayment thereof of Loans shall be applied first to Base Rate Loans to the full extent thereof before application to LIBOR Loans, in each case in a manner that which minimizes the amount of any payments required to be made by Company Borrower pursuant to subsection 2.6D.
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