Common use of Application of Prepayments Clause in Contracts

Application of Prepayments. (a) APPLICATION OF VOLUNTARY PREPAYMENTS BY TYPE OF LOANS AND ORDER OF MATURITY. Any voluntary prepayments pursuant to subsection 2.4B(i) shall be applied as specified by Company in the applicable notice of prepayment; PROVIDED that in the event Company fails to specify the Loans of Company to which any such prepayment shall be applied, such prepayment shall be applied FIRST to repay outstanding Swing Line Loans to the full extent thereof, SECOND to repay outstanding Revolving Loans to the full extent thereof, and THIRD to repay outstanding Term Loans to the full extent thereof. Any voluntary prepayment of Term Loans pursuant to subsection 2.4B(i) shall be applied to prepay the Tranche A Term Loans, the Tranche B Term Loans and/or the Tranche C Term Loans in the manner specified by Company and to reduce the scheduled installments of principal of the Tranche A Term Loans, the Tranche B Term Loans and/or the Tranche C Term Loans set forth in subsections 2.4A(i), 2.4A(ii) and/or 2.4A(iii), as the case may be, in such order as Company shall direct.

Application of Prepayments. (a) APPLICATION OF VOLUNTARY PREPAYMENTS BY TYPE OF LOANS AND ORDER OF MATURITY. Any Subject to the provisions of subsection 2.4D, any voluntary prepayments pursuant to subsection 2.4B(i) shall be applied as specified by Company Borrower in the applicable notice of prepayment; PROVIDED that in the event Company if Borrower fails to specify the Loans of Company to which any such prepayment shall be applied, such prepayment shall be applied FIRST to repay outstanding Swing Line Term Loans to the full extent thereof, SECOND to repay outstanding Revolving Loans to the full extent thereof, thereof and permanently reduce the Revolving Loan Commitments and THIRD to repay cash collateralize any outstanding Term Loans to the full extent thereofLetters of Credit. Any voluntary prepayment prepayments of the Term Loans pursuant to subsection 2.4B(i) shall be applied to prepay the Tranche A Term Loans, Loans and the Tranche B Term Loans and/or on a pro rata basis (in accordance with the Tranche C Term Loans in the manner specified by Company and respective outstanding principal amounts thereof) to reduce the scheduled installments of principal of the Tranche A Term Loans, the Loans and Tranche B Term Loans and/or the Tranche C Term Loans set forth in subsections 2.4A(i), ) and 2.4A(ii) and/or 2.4A(iii)on a pro rata basis (in accordance with the respective outstanding principal amounts thereof) to each remaining scheduled installment of principal of the Tranche A Term Loans or the Tranche B Term Loans, as the case may be, set forth in such order as Company shall directsubsection 2.4A(i) or 2.4A(ii), respectively.

Application of Prepayments. (a) APPLICATION OF VOLUNTARY PREPAYMENTS BY TYPE OF LOANS AND ORDER OF MATURITYApplication of Voluntary Prepayments by Type of Loans and Order of Maturity. Any voluntary prepayments pursuant to subsection 2.4B(i) shall be applied as specified by Company the applicable Borrower in the applicable notice of prepayment; PROVIDED provided that in the event Company fails to specify the Loans of Company to which any such prepayment shall be applied, such prepayment shall be applied FIRST first to repay outstanding Swing Line Loans to the full extent thereof, SECOND second to repay outstanding Revolving Loans to the full extent thereof, and THIRD third to repay outstanding Term Loans to the full extent thereof. Any voluntary prepayment of any Borrower's Term Loans pursuant to subsection 2.4B(i) shall be applied to prepay the Tranche A Term Loans, and, in the case of Company, the Tranche B Term Loans and/or the Tranche C Term Loans in the manner specified by Company such Borrower and to reduce the scheduled installments of principal of the Tranche A Term LoansLoans and, in the case of Company, the Tranche B Term Loans and/or the Tranche C Term Loans set forth in subsections 2.4A(i), 2.4A(ii) and/or 2.4A(iii), as the case may be, in such order as Company such Borrower shall direct.

Application of Prepayments. (a) APPLICATION OF VOLUNTARY PREPAYMENTS BY TYPE OF LOANS AND ORDER OF MATURITY. Any voluntary prepayments All amounts required to be paid pursuant to subsection 2.4B(iSection 3.3(b)(i) shall be applied as specified by Company first to Revolving Loans and second to a cash collateral account in the applicable notice respect of prepayment; PROVIDED that in the event Company fails LOC Obligations. All amounts required to specify the Loans of Company be paid pursuant to which any such prepayment shall be appliedSection 3.3(b)(ii), such prepayment (iii), (iv), (v) and (vi) above shall be applied FIRST to repay first, pro rata between the outstanding Swing Line Loans to the full extent thereof, SECOND to repay outstanding Revolving Loans to the full extent thereof, and THIRD to repay outstanding Term Loans to the full extent thereof. Any voluntary prepayment of Term Loans pursuant to subsection 2.4B(i) shall be applied to prepay the Tranche A Term Loans, Loans and the Tranche B Term Loans and/or (pro rata among the Tranche C remaining Principal Amortization Payments) until the Term Loans have been paid in full, second, to the Revolving Loans (with a corresponding reduction in the manner specified by Company Revolving Committed Amount) until the Revolving Committed Amount shall be reduced to zero and third, to reduce the scheduled installments a cash collateral account in respect of principal LOC Obligations. One or more holders of the Tranche A Term Loans, the Tranche B Term Loans and/or may decline to accept a mandatory prepayment under Sections 3.3(b)(ii), (iii), (iv), (v) or (vi) (to the extent there are sufficient Tranche A Term Loans outstanding to be paid with such prepayment) in which case such declined prepayments shall be allocated pro rata among the Tranche C A Term Loans and Tranche B Term Loans held by Lenders accepting such prepayments. Within the parameters of the applications set forth above, prepayments shall be applied first to Base Rate Loans and then to Eurodollar Loans in subsections 2.4A(i), 2.4A(ii) and/or 2.4A(iii), as the case may be, in such direct order as Company of Interest Period maturities. All prepayments hereunder shall directbe subject to Section 3.14.

Application of Prepayments. (a) APPLICATION OF VOLUNTARY PREPAYMENTS BY TYPE OF LOANS AND ORDER OF MATURITY. Any voluntary prepayments pursuant to subsection 2.4B(i) shall be applied to the Loans as specified by Company in the applicable notice of prepayment; PROVIDED that in the event Company fails to specify the Loans of Company to which any such prepayment shall be applied, such prepayment shall be applied FIRST to repay outstanding Swing Line Loans to the full extent thereof, SECOND to repay outstanding Revolving Term Loans to the full extent thereof, thereof and THIRD to repay outstanding Term Acquisition Loans to the full extent thereof and FOURTH to repay outstanding Working Capital Loans to the full extent thereof. Any voluntary prepayment prepayments of the Term Loans pursuant to subsection 2.4B(i) (whether the application thereof is specified by Company or not) shall be applied to prepay the Tranche A Term Loans, the Tranche B Term Loans and/or Loans, and the Tranche C D Term Loans on a pro rata basis (in accordance with the manner specified by Company respective outstanding principal amounts thereof) and to reduce the scheduled installments of principal of the Tranche A Term Loans, the Tranche B Term Loans and/or Loans, and the Tranche C D Term Loans set forth in subsections subsection 2.4A(i), 2.4A(ii) and/or and 2.4A(iii), as the case may be, ) in such forward order as Company shall directof maturity.

Application of Prepayments. (a) APPLICATION OF VOLUNTARY PREPAYMENTS BY TYPE OF LOANS AND ORDER OF MATURITY. Any voluntary prepayments pursuant to subsection 2.4B(i) shall be applied as specified by Company Borrower in the applicable notice of prepayment; PROVIDED that in the event Company Borrower fails to specify the Loans of Company Borrower to which any such prepayment shall be applied, such prepayment shall be applied FIRST to repay outstanding Swing Line Loans to the full extent thereof, SECOND to repay outstanding Revolving Loans to the full extent thereof, and THIRD to repay outstanding Term Loans to the full extent thereof. Any voluntary prepayment of Borrower's Term Loans pursuant to subsection 2.4B(i) shall be applied to prepay the Tranche A Term Loans, Loans and the Tranche B Term Loans and/or the Tranche C Term Loans in the manner specified by Company Borrower and to reduce the scheduled installments of principal of the Tranche A Term Loans, Loans and the Tranche B Term Loans and/or the Tranche C Term Loans set forth in subsections 2.4A(i), or 2.4A(ii) and/or 2.4A(iii), as the case may be, in such order as Company Borrower shall direct.

Application of Prepayments. (a) APPLICATION OF VOLUNTARY PREPAYMENTS BY TYPE OF LOANS AND ORDER OF MATURITY. Any voluntary prepayments pursuant to subsection 2.4B(i) shall be applied as specified by Company Borrower in the applicable notice of prepayment; PROVIDED that in the event Company Borrower fails to specify the Loans of Company to which any such prepayment shall be applied, such prepayment shall be applied FIRST to repay outstanding Swing Line Term Loans to the full extent thereof, thereof and SECOND to repay outstanding Revolving Loans to the full extent thereof, and THIRD to repay outstanding Term Loans to the full extent thereof. Any voluntary prepayment prepayments of the Term Loans pursuant to subsection 2.4B(i) shall be applied to prepay the Tranche A Term Loans, Loans and the Tranche B Term Loans and/or on a pro rata basis (in accordance with the Tranche C Term Loans in the manner specified by Company respective outstanding principal amounts thereof) and to reduce the scheduled installments of principal of the Tranche A Term Loans, the Loans and Tranche B Term Loans and/or the Tranche C Term Loans set forth in subsections 2.4A(i), ) and 2.4A(ii) and/or 2.4A(iii)on a pro rata basis (in accordance with the respective outstanding principal amounts thereof) to each scheduled installment of principal of the Tranche A Term Loans or the Tranche B Term Loans, as the case may be, set forth in subsection 2.4A(i) or 2.4A(ii), respectively, that is unpaid at the time of such order as Company shall directprepayment.

Application of Prepayments. (a) APPLICATION OF VOLUNTARY PREPAYMENTS BY TYPE OF LOANS AND ORDER OF MATURITY. Any voluntary prepayments pursuant to subsection 2.4B(i) shall be applied to the Loans as specified by Company in the applicable notice of prepayment; PROVIDED that in the event Company fails to specify the Loans of Company to which any such prepayment shall be applied, such prepayment shall be applied FIRST to repay outstanding Swing Line Loans to the full extent thereof, SECOND to repay outstanding Revolving Term Loans to the full extent thereof, thereof and THIRD to repay outstanding Term Acquisition Loans to the full extent thereof and FOURTH to repay outstanding Working Capital Loans to the full extent thereof. Any voluntary prepayment prepayments of the Term Loans pursuant to subsection 2.4B(i) (whether the application thereof is specified by Company or not) shall be applied to prepay the Tranche A Term Loans, the Tranche B Term Loans and/or and the Tranche C Term Loans on a pro rata basis (in accordance with the manner specified by Company respective outstanding principal amounts thereof) and to reduce the scheduled installments of principal of the Tranche A Term Loans, the Tranche B Term Loans and/or and the Tranche C Term Loans set forth in subsections subsection 2.4A(i), 2.4A(ii) and/or and 2.4A(iii), as the case may be, ) in such forward order as Company shall directof maturity.

Application of Prepayments. (a) APPLICATION OF VOLUNTARY PREPAYMENTS BY TYPE OF LOANS AND ORDER OF MATURITY. Any voluntary prepayments pursuant to subsection 2.4B(i) shall be applied as specified by Company Borrower in the applicable notice of prepayment; PROVIDED provided that in the event Company Borrower fails to specify the Loans of Company to which any such prepayment shall be applied, such prepayment shall be applied FIRST to repay outstanding Swing Line Loans to the full extent thereof, SECOND to repay outstanding Revolving Loans to the full extent thereof, thereof and THIRD to repay outstanding Term Loans to the full extent thereof. Any voluntary prepayment prepayments of the Term Loans pursuant to subsection 2.4B(i) shall be applied to prepay the Tranche A Term Loans, the Tranche B Term Loans and/or the Tranche C Term Loans in the manner specified by Company and to reduce the scheduled installments of principal of the Tranche A Term Loans, the Tranche B Term Loans and/or the Tranche C Term Loans set forth in subsection 2.4A(i) on a PRO RATA basis. (b) APPLICATION OF MANDATORY PREPAYMENTS (OTHER THAN ECF SWEEP AMOUNT) BY TYPE OF LOANS. Any amount (the "APPLIED AMOUNT") required to be applied as a mandatory prepayment of the Loans and/or a reduction of the Revolving Loan Commitments pursuant to subsections 2.4A(i2.4B(iii)(a), 2.4A(ii) and/or 2.4A(iii(b), as (c), (e), (f) and (g) shall be applied FIRST, to prepay, on a pro rata basis, the case may be, in such order as Company shall direct.remaining scheduled amortization

Application of Prepayments. (a) APPLICATION OF VOLUNTARY PREPAYMENTS BY TYPE OF LOANS AND ORDER OF MATURITYApplication of Prepayments by Type of Loans. Any amount (the "APPLIED AMOUNT") to be applied as a voluntary prepayment pursuant to subsection 2.4B(i) or mandatory prepayment pursuant to subsections 2.4B(iii)(a)-(c) shall be applied to reduce the aggregate amount of Loans of Lenders in accordance with their Pro Rata Shares (as determined pursuant to clause (iv) of the definition thereof). With respect to each Lender's outstanding Loans, prepayments shall be applied first, to reduce such Lender's outstanding Series B Term Loans, second, to reduce such Lender's Series C Term Loans and third, to reduce such Lender's Series A Revolving Loans (provided that the Lenders may agree among themselves to reallocate prepayments otherwise payable to the Series A Revolving Loans). Voluntary prepayments pursuant to subsection 2.4B(i) shall be applied as specified by Company in the applicable notice of prepayment; PROVIDED that in the event Company fails to specify the Loans of Company to which any such prepayment shall be applied, such prepayment shall be applied FIRST to repay outstanding Swing Line Loans to the full extent thereof, SECOND to repay outstanding Revolving Loans to the full extent thereof, and THIRD to repay outstanding Term Loans to the full extent thereof. Any voluntary prepayment of Term Loans pursuant to subsection 2.4B(i) shall be applied to prepay the Tranche A Term Loans, the Tranche B Term Loans and/or the Tranche C Term Loans in the manner specified by Company and to reduce the scheduled installments of principal of the Tranche Series A Term Revolving Loans, the Tranche Series B Term Loans and/or the Tranche and Series C Term Loans set forth on a pro rata basis. Mandatory prepayments pursuant to subsection 2.4B(iii)(a)-(c) shall be applied to reduce scheduled installments of principal of the Series A Revolving Loans, Series B Term Loans and Series C Term Loans in subsections 2.4A(i), 2.4A(ii) and/or 2.4A(iii), as the case may be, in such inverse order as Company shall directof maturity.

Application of Prepayments. (a) APPLICATION OF VOLUNTARY PREPAYMENTS BY TYPE OF LOANS AND ORDER OF MATURITYApplication of Voluntary Prepayments by Type of Loans and Order of Maturity. Any voluntary prepayments pursuant to subsection 2.4B(i) shall be applied as specified by Company Borrower in the applicable notice of prepayment; PROVIDED provided that (i) each prepayment of AXELs or Additional Term Loans pursuant to this subsection 2.4B(iv) must consist of a pro rata payment of outstanding AXELs and Additional Term Loans (based upon the then outstanding principal amount of AXELs and Additional Term Loans) and (ii) in the event Company Borrower fails to specify the Loans of Company to which any such prepayment shall be applied, such prepayment shall be applied FIRST first to repay outstanding Swing Line Loans to the full extent thereof, SECOND second to repay outstanding Revolving Loans to the full extent thereof, and THIRD third to repay outstanding AXELs and Additional Term Loans on a pro rata basis (based upon the then outstanding principal amount of AXELs and Additional Term Loans) to the full extent thereof. Any voluntary prepayment prepayments of Term Loans the AXELs pursuant to subsection 2.4B(i) shall be applied to prepay the Tranche A Term Loans, the Tranche B Term Loans and/or the Tranche C Term Loans in the manner specified by Company and to reduce the scheduled installments of principal of the Tranche A Term Loans, the Tranche B Term Loans and/or the Tranche C Term Loans AXELs set forth in subsections 2.4A(i), 2.4A(ii) and/or 2.4A(iii), as the case may be, in such order as Company shall directon a pro rata basis.

Application of Prepayments. (a) APPLICATION OF VOLUNTARY PREPAYMENTS BY TYPE OF LOANS AND ORDER OF MATURITYApplication of Voluntary Prepayments by Type of Loans and --------------------------------------------------------- Order of Maturity. Any voluntary prepayments pursuant to subsection 2.4B(i----------------- 2.4B (i) shall be applied as specified by Company in the applicable notice of prepayment; PROVIDED provided that in the event Company fails to -------- specify the Loans of Company to which any such prepayment shall be applied, such prepayment shall be applied FIRST first, to repay outstanding Swing Line ----- Loans to the full extent thereof, SECOND second, to repay outstanding ------ Revolving Loans to the full extent thereofthereof and third, and THIRD to repay ----- outstanding Term Loans to the full extent thereof. Any voluntary prepayment prepayments of the Term Loans pursuant to subsection 2.4B(i) shall be applied to prepay the Tranche A Term Loans, the Tranche B Term Loans and/or the and Tranche C Term Loans on a pro-rata basis (in accordance with the manner specified by Company respective outstanding principal amounts thereof) and to reduce the scheduled installments of principal of the Tranche A Term Loans, the Tranche B Term Loans and/or the and Tranche C Term Loans set forth in subsections 2.4A(i), 2.4A(ii) and/or 2.4A(iii), as the case may be, subsection 2.4A in such order as Company shall directof maturity.

Application of Prepayments. (a) APPLICATION OF VOLUNTARY PREPAYMENTS BY TYPE OF LOANS AND ORDER OF MATURITY. Any voluntary prepayments pursuant to subsection 2.4B(i) shall be applied to the Loans as specified by Company in the applicable notice of prepayment; PROVIDED provided that in the event Company fails to specify the Loans of Company to which any such prepayment shall be applied, such prepayment shall be applied FIRST first to repay outstanding Swing Line Loans to the full extent thereof, SECOND to repay outstanding Revolving Loans to the full extent thereof, and THIRD second to repay outstanding Term Loans to the full extent thereof and third to repay outstanding Acquisition Loans to the full extent thereof and fourth to repay outstanding Working Capital Loans to the full extent thereof. Any voluntary prepayment prepayments of the Term Loans pursuant to subsection 2.4B(i) (whether the application thereof is specified by Company or not) shall be applied to prepay the Tranche A Term Loans, the Tranche B Term Loans and/or Loans, the Tranche C Term Loans and the Tranche D Term Loans on a pro rata basis (in accordance with the manner specified by Company respective outstanding principal amounts thereof) and to reduce the scheduled installments of principal of the Tranche A Term Loans, the Tranche B Term Loans and/or Loans, the Tranche C Term Loans and the Tranche D Term Loans set forth in subsections subsection 2.4A(i), 2.4A(ii) and/or 2.4A(iii), as the case may be, 2.4A(iii) and 2.4A(iv) in such forward order as Company shall directof maturity.

Application of Prepayments. (a) APPLICATION OF VOLUNTARY PREPAYMENTS BY TYPE OF LOANS AND ORDER OF MATURITY. Any voluntary prepayments pursuant to subsection 2.4B(i) shall be applied to the Loans as specified by Company in the applicable notice of prepayment; PROVIDED that in the event Company fails to specify the Loans of Company to which any such prepayment shall be applied, such prepayment shall be applied FIRST to repay outstanding Swing Line Loans to the full extent thereof, SECOND to repay outstanding Revolving Term Loans to the full extent thereof, thereof and THIRD to repay outstanding Term Acquisition Loans to the full extent thereof and FOURTH to repay outstanding Working Capital Loans to the full extent thereof. Any voluntary prepayment prepayments of the Term Loans pursuant to subsection 2.4B(i) (whether the application thereof is specified by Company or not) shall be applied to prepay the Tranche A Term Loans, Loans and the Tranche B Term Loans and/or on a pro rata basis (in accordance with the Tranche C Term Loans in the manner specified by Company respective outstanding principal amounts thereof) and to reduce the scheduled installments of principal of the Tranche A Term Loans, the Loans and Tranche B Term Loans and/or the Tranche C Term Loans set forth in subsections subsection 2.4A(i), ) and 2.4A(ii) and/or 2.4A(iii), as the case may be, in such forward order as Company shall directof maturity.

Application of Prepayments. (a) APPLICATION OF VOLUNTARY PREPAYMENTS BY TYPE OF LOANS AND ORDER OF MATURITY. Any voluntary prepayments pursuant to subsection 2.4B(i) shall be applied as specified by Company the applicable Borrower in the applicable notice of prepayment; PROVIDED that in the event Company fails to specify the Loans of Company to which any such prepayment shall be applied, such prepayment shall be applied FIRST to repay outstanding Swing Line Loans to the full extent thereof, SECOND to repay outstanding Revolving Loans to the full extent thereof, and THIRD to repay outstanding Term Loans to the full extent thereof. Any voluntary prepayment of any Borrower's Term Loans pursuant to subsection 2.4B(i) shall be applied to prepay the Tranche A Term Loans, and, in the case of Company, the Tranche B Term Loans and/or the Tranche C Term Loans in the manner specified by Company such Borrower and to reduce the scheduled installments of principal of the Tranche A Term LoansLoans and, in the case of Company, the Tranche B Term Loans and/or the Tranche C Term Loans set forth in subsections 2.4A(i), 2.4A(ii) and/or 2.4A(iii2.4A(ii), as the case may be, in such order as Company such Borrower shall direct.

Application of Prepayments. (a) APPLICATION OF VOLUNTARY PREPAYMENTS BY TYPE OF LOANS AND ORDER OF MATURITYApplication of Voluntary Prepayments by Type of Loans and Order of Maturity. Any voluntary prepayments pursuant to subsection 2.4B(i) shall be applied as specified by Company in the applicable notice of prepayment; PROVIDED provided that in the event Company fails to specify the Loans of Company to which any such prepayment shall be applied, such prepayment shall be applied FIRST first, to repay outstanding Swing Line Loans to the full extent thereof, SECOND second, to repay outstanding Revolving Loans to the full extent thereofthereof and third, and THIRD to repay outstanding Term Loans to the full extent thereof. Any voluntary prepayment prepayments of the Term Loans pursuant to subsection 2.4B(i) shall be applied to prepay the Tranche A Term Loans, Loans and the Tranche B Term Loans and/or on a pro rata basis (in accordance with the Tranche C Term Loans in the manner specified by Company respective outstanding principal amounts thereof) and to reduce the scheduled installments of principal of the Tranche A Term Loans, the Loans and Tranche B Term Loans and/or the Tranche C Term Loans set forth in subsections 2.4A(i) and 2.4A(ii), 2.4A(iirespectively, in forward chronological order with respect to installments due during the immediately succeeding twelve months and thereafter on a pro rata basis (in accordance with the respective outstanding principal amounts thereof) and/or 2.4A(iii)to each remaining scheduled installment of principal of the Tranche A Term Loans or the Tranche B Term Loans, as the case may be, set forth in such order as Company shall directsubsection 2.4A(i) or 2.4A(ii), respectively.