Common use of Application of Voluntary Prepayments by Type of Loans Clause in Contracts

Application of Voluntary Prepayments by Type of Loans. Any prepayment of any Loan pursuant to Section 2.9(a) shall be applied on a pro rata basis to the Tranche A Loans and the Tranche B Loans and, in the case of the Tranche A Loans, to the remaining scheduled amortization Installments of principal of the Tranche A Loans (including the final payment).

Appears in 3 contracts

Samples: Credit and Guaranty Agreement (PLBY Group, Inc.), Credit and Guaranty Agreement (PLBY Group, Inc.), Credit and Guaranty Agreement (PLBY Group, Inc.)

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Application of Voluntary Prepayments by Type of Loans. Any prepayment of any Loan pursuant to Section 2.9(a) shall be applied on a pro rata basis to the Tranche A Loans and the Tranche B Loans and, in the case of the Tranche A Loans, and to the remaining scheduled amortization Installments of principal of the Tranche A Loans and the Tranche B Loans (including the final payment).

Appears in 1 contract

Samples: Credit and Guaranty Agreement (PLBY Group, Inc.)

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