Involving a Company Prior to an Event of Default. So long as no Event of Default shall have occurred and be continuing, each Mandatory Prepayment required to be made pursuant to subsection (c) hereof shall be applied on a pro rata basis to the remaining principal amortization payments of the Term Loan and the Additional Term Loan Facility (if any) (ratably according to the outstanding principal amount thereunder), until paid in full.
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Samples: Credit and Security Agreement (Ignite Restaurant Group, Inc.)
Involving a Company Prior to an Event of Default. So long as no Event of Default shall have occurred and be continuingoccurred, each Mandatory Prepayment required to be made pursuant to subsection (c) hereof shall be applied on a pro rata basis (A) first, to the remaining principal amortization payments of the Term Loan and the Additional Term Loan Facility (if any) (ratably according to the outstanding principal amount thereunder)B, until paid in fullfull (provided that any Term Loan B Lender may decline to accept its pro rata share of such Mandatory Prepayment, in which case such Term Loan B Lender’s share of such Mandatory Prepayment shall be applied as set forth in subpart (B) hereof), and (B) second, to any outstanding Revolving Loans.
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Involving a Company Prior to an Event of Default. So long as no Event of Default shall have occurred and be continuingoccurred, each Mandatory Prepayment required to be made pursuant to subsection (c) hereof shall be applied on a to the Term Loan, pro rata basis to among future principal installments thereof, based on the remaining amount of each such principal amortization payments of the Term Loan and the Additional Term Loan Facility (if any) (ratably according to the outstanding principal amount thereunder), until paid in fullinstallment.
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Samples: Credit and Security Agreement (Shiloh Industries Inc)
Involving a Company Prior to an Event of Default. So long as no Event of Default shall have occurred and be continuingoccurred, each Mandatory Prepayment required to be made pursuant to subsection (cb) hereof shall be applied on a pro rata basis (A) first, to the remaining principal amortization payments of the Term Loan and the Additional Term Loan Facility (if any) (ratably according to the outstanding principal amount thereunder)Loan, until paid in full, and (B) second, to any outstanding Revolving Loans.
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Samples: Credit and Security Agreement (AvidXchange Holdings, Inc.)
Involving a Company Prior to an Event of Default. So long as no Event of Default shall have occurred and be continuing, each Mandatory Prepayment required to be made pursuant to subsection (ce) hereof shall be applied on a pro rata basis (A) first, to the remaining principal amortization payments of the Term Loan Loan, until paid in full, and the (B) second, to any Additional Term Loan Facility (if any) (ratably according to the outstanding principal amount thereunder)Facility, until paid in full.
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Involving a Company Prior to an Event of Default. So long as no Event of Default shall have occurred and be continuingexist, each Mandatory Prepayment required to be made pursuant to subsection (c) hereof shall be applied (A) first, on a pro rata basis to the remaining principal amortization payments of among the Term Loan and the each Additional Term Loan Facility (if any) (ratably according to the outstanding principal amount thereunder), until paid in full, and (B) second, to any outstanding Revolving Loans.
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Samples: Credit and Security Agreement (Universal Logistics Holdings, Inc.)