Common use of Application to Loans Clause in Contracts

Application to Loans. With respect to each prepayment of Term Loans required by Section 5.2(a), the Borrower may, if applicable, designate the Types of Loans that are to be prepaid and the specific Borrowing(s) pursuant to which made. In the absence of a designation by the Borrower as described in the preceding sentence, the Administrative Agent shall, subject to the above, make such designation in its reasonable discretion with a view, but no obligation, to minimize breakage costs owing under Section 2.11.

Appears in 2 contracts

Samples: Restatement Agreement (HCA Healthcare, Inc.), Restatement Agreement (HCA Healthcare, Inc.)

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Application to Loans. With respect to each prepayment of Term Loans required by Section 5.2(a) or required or permitted by Section 9.8(b), the Borrower may, if applicable, designate the Types of Loans that are to be prepaid and the specific Borrowing(s) pursuant to which made. In the absence of a designation by the Borrower as described in the preceding sentence, the Administrative Agent shall, subject to the above, make such designation in its reasonable discretion with a view, but no obligation, to minimize breakage costs owing under Section 2.11.

Appears in 2 contracts

Samples: Senior Subordinated Interim Loan Agreement (First Data Corp), Senior Subordinated Interim Loan Agreement (First Data Corp)

Application to Loans. With respect to each prepayment of Term Loans required by Section 5.2(a) (but subject to clause (c), ) or required or permitted by Section 9.8(b) the Borrower may, if applicable, designate the Types of Loans that are to be prepaid and the specific Borrowing(s) pursuant to which made. In the absence of a designation by the Borrower as described in the preceding sentence, the Administrative Agent shall, subject to the above, make such designation in its reasonable discretion with a view, but no obligation, to minimize breakage costs owing under Section 2.11.

Appears in 2 contracts

Samples: Senior Unsecured Interim Loan Agreement (Energy Future Holdings Corp /TX/), Senior Unsecured Interim Loan Agreement (Energy Future Holdings Corp /TX/)

Application to Loans. With respect to each prepayment of Term Loans required by Section 5.2(a), ) or required or permitted by Section 9.8(b) the Borrower may, if applicable, designate the Types of Loans that are to be prepaid and the specific Borrowing(s) pursuant to which made. In the absence of a designation by the Borrower as described in the preceding sentence, the Administrative Agent shall, subject to the above, make such designation in its reasonable discretion with a view, but no obligation, to minimize breakage costs owing under Section 2.11.

Appears in 2 contracts

Samples: Senior Unsecured Interim Loan Agreement (First Data Corp), Senior Unsecured Interim Loan Agreement (First Data Corp)

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Application to Loans. With respect to each prepayment of Term Loans required by Section 5.2(a), ) hereof or required or permitted by Section 9.8(b) hereof the Borrower may, if applicable, designate the Types of Loans that are to be prepaid and the specific Borrowing(s) pursuant to which made. In the absence of a designation by the Borrower as described in the preceding sentence, the Administrative Agent shall, subject to the above, make such designation in its reasonable discretion with a view, but no obligation, to minimize breakage costs owing under Section 2.112.11 hereof.

Appears in 1 contract

Samples: Second Lien Loan Agreement (SunOpta Inc.)

Application to Loans. With respect to each prepayment of Term Loans required by Section 5.2(a), ) hereof or required or permitted by Section 9.8(b) hereof the Borrower may, if applicable, designate the Types types of Loans that are to be prepaid and the specific Borrowing(s) pursuant to which made. In the absence of a designation by the Borrower as described in the preceding sentence, the Administrative Agent shall, subject to the above, make such designation in its reasonable discretion with a view, but no obligation, to minimize breakage costs owing under Section 2.112.11 hereof.

Appears in 1 contract

Samples: Second Lien Loan Agreement (SunOpta Inc.)

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