Limitation on Prepayment. An Adjusted Base Rate Loan may be prepaid at the option of the Company in whole or in part at any time without premium or penalty. An Adjusted LIBOR Rate Loan may be prepaid in whole or in part at any time at the option of the Company; provided, however, that prepayment prior to the last day of the Interest Period applicable thereto will require the payment by Company of the amount (if any) required by Section 3.12. All prepayments shall be accompanied by interest accrued on the amount prepaid through the date of prepayment. The Company will provide written or telephonic notice (which notice shall be confirmed in writing if the Lender so requests), which notices shall be irrevocable, to the Lender not later than (i) 11:00 a.m., Milwaukee, Wisconsin time, on any proposed date of prepayment of any Adjusted Base Rate Loan, and (ii) 3:00 p.m., Milwaukee, Wisconsin time, on the date that is three (3) Business Days prior to the proposed date of prepayment of any Adjusted LIBOR Rate Loan.
Limitation on Prepayment. A Variable Rate Loan may be prepaid at the option of the Company in whole or in part at any time without premium or penalty. An Adjusted LIBOR Rate Loan may be prepaid at any time at the option of the Company; provided, however, that prepayment prior to the last day of the Interest Period applicable thereto will require the payment by Company of the amount (if any) required by section 2.12. All prepayments shall be accompanied by interest accrued on the amount prepaid through the date of prepayment.
Limitation on Prepayment. Only after all of the Senior Obligations have been paid in full and all commitments under the Senior Credit Facility cancelled, the Company may, upon five Business Days' prior written notice to the Lender, prepay the Commitment in whole or in part on any Interest Date, without premium or penalty. All prepayments shall be accompanied by Interest accrued on the amount prepaid through the date of prepayment. In the case of prepayment of less than all of the outstanding Principal amount of the Note, such prepayment shall be in the minimum amount of $500,000 or a multiple of $100,000 in excess thereof (or a lesser amount if such amount represents the remaining outstanding principal amount of the Note).
Limitation on Prepayment. The Borrowers shall have no right to prepay the Loan in whole or in part, except as expressly set forth in this Loan Agreement. (i) From and after the second (2nd) anniversary of the Closing Date, the Borrowers may prepay the Loan in whole, or in part, at any time, and (ii) if a partial prepayment is required to be made to cure a Default under Sections 8.1(E), 8.1(O) or 8.1(P), the Borrowers may prepay the Loan in part, at any time, provided that (x) the Borrowers shall provide to Lender not less than fifteen (15) days' prior written notice of such prepayment, (y) together with such prepayment the Borrowers also shall pay all accrued and unpaid interest and all other Obligations then due and owing, and (z) if such prepayment occurs on any day other than a Payment Date, then together therewith the Borrowers also shall pay to Lender the amount of interest that would have accrued on the amount being prepaid from and including the date of such prepayment to the end of such Interest Accrual Period. Subject to the provisions of Section 2.4(C), all prepayments made under this Loan Agreement shall be applied in accordance with Section 2.4(A).
Limitation on Prepayment. A Variable Rate Loan may be prepaid at the option of the Company in whole or in part at any time without premium or penalty. An Adjusted LIBOR Rate Loan may be prepaid at any time at the option of the Company; provided, however, that prepayment prior to the last day of the Interest Period applicable thereto will require the payment by Company of the amount (if any) required by section 2.12. All prepayments shall be accompanied by interest accrued on the amount prepaid through the date of prepayment. In case of prepayment of less than all of the outstanding principal amount of the Term Notes, all prepayments made shall be in multiples of $1,000,000, and shall be applied upon the principal installments of the Term Notes in the inverse order of their maturities.
Limitation on Prepayment. Notwithstanding anything contained in this Section 5.3 to the contrary, the Company shall not be obligated to prepay the Subordinated Notes in connection with a Change in Control on the Control Prepayment Date, if, at such time:
Limitation on Prepayment. A CBFR Rate Loan may be prepaid at the option of Borrower in whole or in part on any interest payment date without premium or penalty. A LIBOR Rate Loan may be prepaid at any time at the option of Borrower; provided, however, that prepayment prior to the last day of the Interest Period applicable thereto will require the payment by Borrower of the amount (if any) required by Section 3.11. All prepayments shall be accompanied by interest accrued on the amount prepaid through the date of prepayment.
Limitation on Prepayment. The Borrowers shall have no right to prepay the Loans in whole or in part, except as expressly set forth in this Loan Agreement. (i) From and after the second (2nd) anniversary of the Closing Date, the Borrowers may prepay the Loans in whole, or in part, at any time, and (ii) if a partial prepayment is required to be made to cure a Default under Sections 8.1(E), 8.1(O) or 8.1(P), the Borrowers may prepay the Loan in part, at any time, provided that (w) the Borrowers shall provide to Lender not less than fifteen (15) days' prior written notice of such prepayment, (x) together with such prepayment the Borrowers also shall pay all accrued and unpaid interest and all other Obligations then due and owing, (y) if such prepayment occurs on any day other than a Payment Date, then together therewith the Borrowers also shall pay to Lender the amount of interest that would have accrued on the amount being prepaid from and including the date of such prepayment to the end of such Interest Accrual Period, and (z) all prepayments shall be first to the most senior Component Class (i.e. the Component Class with the earliest alphabetical (and numerical, if applicable) designation) pro-rata across all Components in such Component Class until the Principal Amount of such Component Class has been reduced to zero, and then sequentially to each Component Class (pro-rata across all Components in such Component Class) with the next earliest alphabetical (and numerical, if applicable) designation in that order until the Principal Amount of each such Component Class is repaid in full.
