Common use of Application of Prepayments to Base Clause in Contracts

Application of Prepayments to Base. Rate Loans and Eurodollar ------------------------------------------------------------ Rate Loans. Considering Tranche A Term Loans, 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 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.

Appears in 2 contracts

Samples: Credit Agreement (Diamond Brands Operating Corp), Security Agreement (Diamond Brands Operating Corp)

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Application of Prepayments to Base. Rate Loans and Eurodollar ------------------------------------------------------------ Rate Loans. Considering Tranche A Term Loans, 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 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.

Appears in 2 contracts

Samples: Credit Agreement (Aurora Foods Inc /De/), Credit Agreement (Digitas Inc)

Application of Prepayments to Base. Rate Loans and ------------------------------------------------- Eurodollar ------------------------------------------------------------ Rate Loans. Considering Tranche A Term Loans, 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 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.

Appears in 2 contracts

Samples: Credit Agreement (Hines Holdings Inc), Credit Agreement (Aurora Foods Inc)

Application of Prepayments to Base. Rate Loans and Eurodollar ------------------------------------------------------------ Rate Loans. Considering Tranche A Term Loans, 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 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.

Appears in 1 contract

Samples: Credit Agreement (Sealy Corp)

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Application of Prepayments to Base. Rate Loans and Eurodollar ------------------------------------------------------------ Rate Loans. Considering Tranche A Term Loans, Tranche B Term Loans and ---------- 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 which minimizes the amount of any payments required to be made by Company pursuant to subsection 2.6D.

Appears in 1 contract

Samples: Credit Agreement (Price Communications Wireless Inc)

Application of Prepayments to Base. Rate Loans and Eurodollar ------------------------------------------------------------ Rate ----------------------------------------------------------------- Loans. Considering Tranche A Term Loans, Tranche B Term Loans, Tranche C 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 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 (Dominos Pizza Government Services Division Inc)

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