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.
Appears in 4 contracts
Samples: Credit Agreement (Bare Escentuals Inc), Credit Agreement (Propex International Holdings II 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 (Prime Hospitality Corp), Credit Agreement (Winsloew Furniture Inc)
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 which minimizes the amount of any payments required to be made by Company pursuant to subsection 2.6D.2.6C.
Appears in 1 contract
Samples: Credit Agreement (Oakley Inc)
Application of Prepayments to Base Rate Loans and LIBOR Loans. Considering Unless the application of such prepayment is otherwise designated by Borrowers, 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 Borrowers pursuant to subsection 2.6D.
Appears in 1 contract
Samples: Credit Agreement (La Quinta Corp)
