Common use of Application of Voluntary Prepayments Clause in Contracts

Application of Voluntary Prepayments. Any prepayment of any Loan pursuant to Section 2.13 shall be applied to prepay Loans of the Lenders in accordance with their respective Pro Rata Shares.

Appears in 3 contracts

Samples: Loan and Guaranty Agreement (Reliant Pharmaceuticals, Inc.), Counterpart Agreement (Reliant Pharmaceuticals, Inc.), Loan and Guaranty Agreement (Reliant Pharmaceuticals, Inc.)

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Application of Voluntary Prepayments. Any prepayment of any Loan pursuant to Section 2.13 2.10 shall be applied to prepay the Term Loans of each of the Lenders on a pro rata basis (in accordance with their the respective Pro Rata Sharesoutstanding principal amounts thereof).

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Airbnb, Inc.), Credit and Guaranty Agreement (Airbnb, Inc.)

Application of Voluntary Prepayments. Any prepayment of any Loan pursuant to Section 2.13 shall be applied applied, on a pro rata basis, to prepay the Loans of the Lenders in accordance with their respective Pro Rata SharesTerm Loan Exposure.

Appears in 1 contract

Samples: Bridge Credit and Guaranty Agreement (Leonardo DRS, Inc.)

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Application of Voluntary Prepayments. Any prepayment of any Loan pursuant to Section 2.13 2.13(a) shall be applied applied, at a Borrower’s sole discretion, to prepay Revolving Loans of or the Lenders Term Loans on a pro rata basis (in accordance with their the respective Pro Rata Sharesoutstanding principal amounts thereof).

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Xerium Technologies Inc)

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