Application of Voluntary Prepayments. Unless otherwise provided in this Section 2.18 or elsewhere in any Loan Document, all payments and any other amounts received by the Administrative Agent from or for the benefit of the Borrower shall be applied to repay the Obligations as the Borrower designates (or, in the absence of such designation, in the direct order of maturity thereof). Amounts repaid or prepaid pursuant to this clause (f) or clause (g) below on account of the Term Loans may not be reborrowed.
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Samples: Credit Agreement (Macquarie Infrastructure Corp), Credit Agreement (Macquarie Infrastructure Corp), Credit Agreement (Macquarie Infrastructure CO LLC)
Application of Voluntary Prepayments. Unless otherwise provided in this Section 2.18 or elsewhere in any Loan Document, all payments and any other amounts received by the an Administrative Agent from or for the benefit of the Borrower shall be applied to repay the Obligations as the Borrower designates (or, in the absence of such designation, in the direct order of maturity thereof)designates. Amounts repaid or prepaid pursuant to this clause (f) or clause (g) below on account of the Term Loans may not be reborrowed.
Appears in 2 contracts
Samples: First Lien Credit Agreement (PGA Holdings, Inc.), First Lien Credit Agreement (PGA Holdings, Inc.)
Application of Voluntary Prepayments. Unless otherwise provided in this Section 2.18 2.9 or elsewhere in any Loan Document, all payments and any other amounts received by the Administrative Agent from or for the benefit of the Borrower shall be applied to repay the Obligations as outstanding principal balance of the Borrower designates (or, in Loans of the absence of such designation, in the direct order of maturity thereof)Lenders on a pro rata basis. Amounts repaid or prepaid pursuant to this clause (fe) or clause (gf) below on account of the Term Loans may not be reborrowed.
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Application of Voluntary Prepayments. Unless otherwise provided in this Section 2.18 2.9 or elsewhere in any Loan Document, all payments and any other amounts received by the an Administrative Agent from or for the benefit of the Borrower shall be applied to repay the Obligations as outstanding principal balance of the Borrower designates Loans (or, such payments to be applied in the absence of such designation, in the direct forward order of maturity thereof)to the remaining scheduled amortization and final payments) of the Lenders on a pro rata basis until paid in full. Amounts repaid or prepaid pursuant to this clause (fe) or clause (gf) below on account of the Term Loans may not be reborrowed.
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Application of Voluntary Prepayments. Unless otherwise provided in this Section 2.18 or elsewhere in any Loan Document, all payments and any other amounts received by the an Administrative Agent from or for the benefit of the Borrower shall be applied to repay the Obligations as the Borrower designates (or, in the absence of such designation, in the direct order of maturity thereof)designates. Amounts repaid or prepaid pursuant to this clause (fe) or clause (gf) below on account of the Term Loans may not be reborrowed.
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Application of Voluntary Prepayments. Unless otherwise provided in this Section 2.18 or elsewhere in any Loan Document, all payments and any other amounts received by the an Administrative Agent from or for the benefit of the Borrower Borrowers shall be applied to repay the Obligations as the Borrower designates (or, in the absence of such designation, in the direct order of maturity thereof)Agent designates. Amounts repaid or prepaid pursuant to this clause (fe) or clause (gf) below on account of the Term Loans may not be reborrowed.
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