Common use of Cure Amounts - mandatory prepayment Clause in Contracts

Cure Amounts - mandatory prepayment. 21.4.1 The Borrower shall apply all the proceeds of any Cure Amount received by a member of the Group in or towards payment, repayment or prepayment of the Utilisations and other Senior Facility Outstandings under the Senior Facilities, promptly upon receipt and, in any event, no later than the last day of the relevant Cure Period. 21.4.2 All amounts paid, repaid or prepaid under this Clause shall be applied in the order of priority set out in (and otherwise as required under) Clause 7.11.1 (Application of partial prepayments).

Cure Amounts - mandatory prepayment. 21.4.1 24.4.1 The Borrower shall apply all the proceeds of any Cure Amount received by a member of the Group in or towards payment, repayment or prepayment of the Utilisations and other Senior Facility Outstandings under the Senior Facilities, promptly upon receipt and, in any event, no later than the last day of the relevant Cure Period. 21.4.2 24.4.2 All amounts paid, repaid or prepaid under this Clause shall be applied in the order of priority set out in (and otherwise as required under) Clause 7.11.1 10.9.1 (Application of partial prepayments).