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 (RBF Finance Co), 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: Credit Agreement (Vertis Inc), Senior Credit Agreement (Young America Holdings Inc), Subordinated Credit Agreement (Capstone Pharmacy Services 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: Credit Agreement (Wellman Inc), 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.
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