Company's Mandatory Prepayment Obligation; Application of Prepayments. All prepayments shall include payment of accrued interest (including Special Interest and Additional Amounts, if applicable) on the principal amount so prepaid and shall be applied to payment of interest before application to principal.
Appears in 20 contracts
Samples: Senior Secured Loan Agreement (R&b Falcon Corp), Senior Secured Loan Agreement (RBF Finance Co), Senior Secured Loan Agreement (R&b Falcon Corp)
Company's Mandatory Prepayment Obligation; Application of Prepayments. All prepayments shall include payment of accrued interest (including Special Interest and Additional Amounts, if applicable) on the principal amount so prepaid and shall be applied to payment of interest before application to principal.
Appears in 6 contracts
Samples: Senior Credit Agreement (Young America Holdings Inc), Senior Subordinated Credit Agreement (Ameristar Casinos Inc), Senior Subordinated Credit Agreement (Vertis Inc)
Company's Mandatory Prepayment Obligation; Application of Prepayments. All prepayments shall include payment of accrued interest (including Special Interest and Additional Amounts, if applicable) on the principal amount so prepaid and shall be applied to payment of interest before application to principal. Amounts prepaid pursuant to this Section 2.5 may not be reborrowed.
Appears in 2 contracts
Samples: Second Lien Senior Credit Agreement (Wellman Inc), First Lien Senior Credit Agreement (Wellman Inc)
Company's Mandatory Prepayment Obligation; Application of Prepayments. All prepayments shall include include: (i) payment of accrued interest (including Special Interest and Additional Amounts, if applicable) on the principal amount so prepaid and (which shall be applied to payment of interest before application to principal) and (ii) the Prepayment Premium, if applicable. Loans so prepaid may not be reborrowed.
Appears in 1 contract
