Application of Repayments. Any repayments pursuant to this Section 2.8.3 shall be (i) subject to Section 3.4, and (ii) applied first, to any Reference Rate Committed Loans then outstanding and second, to the LIBOR Committed Loans (in order of the shortest Interest Periods remaining); and third, to the Bid Loans in the order of the shortest Interest Period remaining.
Application of Repayments. (a) To the extent applicable, any repayment made pursuant to Clauses 11.1 (Voluntary Prepayment), 12.2 (Repayment from Net Proceeds), 12.4 (Repayment from Excess Cash Flow), 12.5 (Repayment from Debt Proceeds) and 12.6 (Repayment from Equity Proceeds) shall be applied at the end of the Interest Period or Term current at the time of receipt of such proceeds; subject to paragraphs (b) and (c) below, firstly, in repayment of the Term Facility Outstandings (other than the B7 Facility Outstandings, B8 Facility Outstandings, B9 Facility Outstandings, B10 Facility Outstandings, B11 Facility Outstandings, B12 Facility Outstandings, Additional Facility Outstandings or C Facility Outstandings) pro rata to the aggregate amount of A Facility Outstandings, A1 Facility Outstandings, A2 Facility Outstandings, A3 Facility Outstandings, B1 Facility Outstandings, B2 Facility Outstandings, B3 Facility Outstandings, B4 Facility Outstandings, B5 Facility Outstandings and B6 Facility Outstandings on the date of such repayment until all A Facility Outstandings, all A1 Facility Outstandings, all A2 Facility Outstandings, all A3 Facility Outstandings, all B1 Facility Outstandings, all B2 Facility Outstandings, all B3 Facility Outstandings, all B4 Facility Outstandings, all B5 Facility Outstandings and all B6 Facility Outstandings have been repaid in full; secondly, in repayment of the B7 Facility Outstandings, the B8 Facility Outstandings, B9 Facility Outstandings, B10 Facility Outstandings, B11 Facility Outstandings, B12 Facility Outstandings, and Additional Facility Outstandings; thirdly, in repayment of the C Facility Outstandings; and, fourthly, in repayment of Revolving Facility Outstandings and Secondary Revolving Facility Advances on the date of such repayment.
Application of Repayments. Any repayments pursuant to this subsection 2.7.2 shall be (i) subject to Section 3.4, and (ii) applied first to any Reference Rate Loans then outstanding and then to LIBOR Rate Loans with the shortest Interest Periods remaining. Notwithstanding any contrary provision of this subsection 2.7.2, but subject to the provisions of Section 2.6, there shall be deemed outstanding on the Loans other than Swing Loans at all times prior to the Maturity Date principal in the amount of at least $10.00 to the extent necessary to maintain the liens granted in the Collateral Documents. 2.7.3
Application of Repayments. (a) For as long as no Event of Default is outstanding, any repayment made pursuant to Clause 11.1 (Voluntary Prepayment) shall be applied in repayment of any of the Term Facility Outstandings, in whole or in part, as selected by the Company at its discretion.
Application of Repayments. (i) Subject to the provisions of this Section 2.8(h), prior to any optional or mandatory prepayment hereunder, the Borrower shall specify the amount of such prepayment in the notice of such prepayment pursuant to Section 2.8(h)(iii).
Application of Repayments. (a) Except as otherwise indicated herein, all payments made to the Administrative Agent by or for the Borrower for the account of the Lenders in connection herewith shall be distributed the same day by the Administrative Agent, in accordance with its normal practice, in funds having same day value among the Lenders to the accounts last designated in writing by such Lenders respectively to the Administrative Agent pro rata in accordance with their respective Participations. Amounts so distributed shall be applied by the Lenders as follows:
Application of Repayments. All voluntary Loan repayments received by the Agent from the Borrower will be applied to the Revolving Loans and Term Loans as the Borrower shall instruct the Agent in writing concurrently with the payment, and in the absence of such written instructions, will be applied first to repayment of the Revolving Loans. All mandatory Loan repayments will be applied to reduce the Term Loans until the Term Loans are paid in full, then to the repayment of the Revolving Loans. All repayments of the Term Loans will be applied to the installment payments due with respect to the Term Loans in inverse order of maturity.
Application of Repayments. Any repayments pursuant to this Section 2.8.3 shall be (i) subject to Section 3.4, and (ii) applied first, to any Reference Rate Committed Loans then outstanding and second, to any Daily Simple SOFR Rate Loans then outstanding and, third, to any Term SOFR Rate Loans then outstanding (in order of the shortest Interest Periods remaining); and fourth, to any Bid Loans then outstanding (in the order of the shortest Interest Periods remaining).
Application of Repayments. 23 2.9 Interest on Prime Rate Advances.............................24 2.10 Interest on U.S. Base Rate Advances.........................25 2.11
Application of Repayments. All repayments of a Loan shall be applied first to fees and expenses due under the Loan Documents, then to accrued and unpaid interest, and then to the outstanding principal balance of the Loans. All repayments, after application to payment of fees and expenses, shall be applied pro rata to each Loan including accrued and unpaid interest thereon, and shall be remitted to each respective Lender. EXHIBIT 10-41
