Application of Prepayments to Base Rate Loans and LIBOR Rate Loans. Prepayments of Loans shall be applied first to Base Rate Loans to the full extent thereof before application to LIBOR Rate Loans, in a manner which minimizes the amount of any payments required to be made by Borrower pursuant to subsection 2.6D.
Appears in 5 contracts
Samples: Credit Agreement (Beasley Broadcast Group Inc), Credit Agreement (Beasley Broadcast Group Inc), Credit Agreement (Beasley Broadcast Group Inc)
Application of Prepayments to Base Rate Loans and LIBOR Rate Loans. Prepayments Any prepayment of Loans the Term Loan shall be applied first to Base Rate Loans to the full extent thereof before application to LIBOR Rate Loans, in each case in a manner which minimizes the amount of any payments required to be made by Borrower Company pursuant to subsection 2.6D.Section 2.16(c).
Appears in 2 contracts
Samples: Financing Agreement (Federal Signal Corp /De/), Financing Agreement (Federal Signal Corp /De/)
Application of Prepayments to Base Rate Loans and LIBOR Rate Loans. Prepayments of 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 Rate Loans, in each case in a manner which minimizes the amount of any payments required to be made by Borrower pursuant to subsection 2.6D.2.17.
Appears in 2 contracts
Samples: Credit Agreement (Directed Electronics, Inc.), Credit Agreement (Directed Electronics, Inc.)
Application of Prepayments to Base Rate Loans and LIBOR Rate Loans. Prepayments of 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 Rate Loans, in each case in a manner which minimizes the amount of any payments required to be made by Borrower Borrowers pursuant to subsection 2.6D.
Appears in 2 contracts
Samples: Credit Agreement (Northland Cable Properties Six LTD Partnership), Credit Agreement (Northland Cable Properties Six LTD Partnership)
Application of Prepayments to Base Rate Loans and LIBOR Rate Loans. Prepayments of 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 Rate Loans, in each case in a manner which that minimizes the amount of any payments required to be made by Borrower pursuant to subsection 2.6D.
Appears in 1 contract
Application of Prepayments to Base Rate Loans and LIBOR Rate Loans. Prepayments of Revolving Loans shall be applied first to Base Rate Loans to the full extent thereof before application to LIBOR Rate Loans, in a manner which minimizes the amount of any payments required to be made by Borrower Borrowers pursuant to subsection 2.6D.
Appears in 1 contract
Application of Prepayments to Base Rate Loans and LIBOR Rate Loans. Prepayments Any prepayment of Loans any Revolving Loan shall be applied first to Base Rate Loans to the full extent thereof before application to LIBOR Rate Loans, in each case in a manner which minimizes the amount of any payments required to be made by Borrower Company pursuant to subsection 2.6D.
Appears in 1 contract
Application of Prepayments to Base Rate Loans and LIBOR Rate Loans. Prepayments of 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 Rate Loans, in each case in a manner which that minimizes the amount of any payments required to be made by Borrower Company pursuant to subsection 2.6D.
Appears in 1 contract
Samples: Credit Agreement (United Online Inc)
Application of Prepayments to Base Rate Loans and LIBOR Rate Loans. Prepayments of Considering Delayed Draw 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 Rate Loans, in each case in a manner which that minimizes the amount of any payments required to be made by Borrower pursuant to subsection 2.6D.2.6.
Appears in 1 contract
Application of Prepayments to Base Rate Loans and LIBOR Rate Loans. Prepayments of Term Loans shall be applied first to Base Rate Loans to the full extent thereof before application to LIBOR Rate Loans, in a manner which minimizes the amount of any payments required to be made by Borrower pursuant to subsection 2.6D.
Appears in 1 contract
Samples: Second Lien Credit Agreement (Beasley Broadcast Group Inc)
