Common use of Manner of Prepayments Clause in Contracts

Manner of Prepayments. Each voluntary partial prepayment shall be in a principal amount of $100,000 or a higher integral multiple of $100,000. Any partial prepayment of a Group of LIBOR Loans shall be subject to the proviso to Section 2.2.3(a). Any prepayment of a LIBOR Loan on a day other than the last day of an Interest Period therefor shall include interest on the principal amount being repaid and shall be subject to Section 8.4. Except as otherwise provided by this Agreement, all principal payments in respect of the Loans shall be applied first, to repay outstanding Base Rate Loans and then to repay outstanding LIBOR Rate Loans in direct order of Interest Period maturities.

Appears in 2 contracts

Samples: Loan and Security Agreement (Material Sciences Corp), Credit Agreement (Fresh Brands Inc)

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Manner of Prepayments. Each voluntary partial prepayment shall be in a principal amount of $100,000 the Borrowing Minimum or a higher integral multiple of $100,000. Any partial prepayment of a Group of LIBOR Loans shall be subject to the proviso to Section 2.2.3(a)Borrowing Multiple. Any prepayment of a LIBOR Loan on a day other than the last day of an Interest Period therefor shall include interest on the principal amount being repaid and shall be subject to Section 8.48.3. Except as otherwise provided by this Agreement, all principal payments in respect of the Loans shall be applied first, to repay outstanding Base Rate Loans to the full extent thereof; and then second, to repay outstanding LIBOR Rate Loans in direct order of Interest Period maturities.

Appears in 2 contracts

Samples: Credit Agreement (Bright Health Group Inc.), Credit Agreement (Bright Health Group Inc.)

Manner of Prepayments. Each voluntary partial prepayment shall be in a principal amount of $100,000 50,000 or a higher integral multiple of $100,00050,000. Any partial prepayment of a Group of LIBOR Loans shall be subject to the proviso to Section 2.2.3(a). Any prepayment of a LIBOR Loan on a day other than the last day of an Interest Period therefor shall include interest on the principal amount being repaid and shall be subject to Section 8.4. Except as otherwise provided by this Agreement, all principal payments in respect of the Loans (other than the Swing Line Loans) shall be applied first, to repay outstanding Base Rate Loans and then to repay outstanding LIBOR Rate Loans in direct order of Interest Period maturities.

Appears in 1 contract

Samples: Credit Agreement (Cpi Corp)

Manner of Prepayments. Each voluntary partial prepayment shall be in a principal amount of $100,000 250,000.00 or a higher integral multiple of $100,000250,000.00. Any partial prepayment of a Group of LIBOR Loans shall be subject to the proviso to Section 2.2.3(a). Any prepayment of a LIBOR Loan on a day other than the last day of an Interest Period therefor shall include interest on the principal amount being repaid and shall be subject to Section 8.4. Except as otherwise provided by this Agreement, all principal payments in respect of the Loans (other than the Swing Line Loans) shall be applied first, to repay outstanding Base Rate Loans and then to repay outstanding LIBOR Rate Loans in direct order of Interest Period maturities.

Appears in 1 contract

Samples: Credit Agreement (Huron Consulting Group Inc.)

Manner of Prepayments. Each voluntary partial prepayment shall be in a principal amount of $100,000 100,000.00 or a higher integral multiple of $100,000100,000.00. Any partial prepayment of a Group of LIBOR Loans shall be subject to the proviso to Section 2.2.3(a). Any prepayment of a LIBOR Loan on a day other than the last day of an Interest Period therefor shall include interest on the principal amount being repaid and shall be subject to Section 8.4. Except as otherwise provided by this Agreement, all principal payments in respect of the Loans (other than the Swing Line Loans) shall be applied first, to repay outstanding Base Rate Loans and then to repay outstanding LIBOR Rate Loans in direct order of Interest Period maturities.

Appears in 1 contract

Samples: Credit Agreement (General Finance CORP)

Manner of Prepayments. Each voluntary partial prepayment shall be in a principal amount of $100,000 1,000,000 or a higher integral multiple of $100,000. Any partial prepayment of a Group of LIBOR Loans shall be subject to the proviso to Section 2.2.3(a). Any prepayment of a LIBOR Loan on a day other than the last day of an Interest Period therefor shall include interest on the principal amount being repaid and shall be subject to Section 8.4. Except as otherwise provided by this Agreement, all principal payments in respect of the Loans (other than the Swing Line Loans) shall be applied first, to repay outstanding Base Rate Loans and then to repay outstanding LIBOR Rate Loans in direct order of Interest Period maturities.

Appears in 1 contract

Samples: Credit Agreement (Multi Color Corp)

Manner of Prepayments. Each voluntary partial prepayment shall be in a principal amount of $100,000 25,000 or a higher integral multiple of $100,0005,000. Any partial prepayment of a Group of LIBOR Loans shall be subject to the proviso to Section 2.2.3(a). Any prepayment of a LIBOR Loan on a day other than the last day of an Interest Period therefor shall include interest on the principal amount being repaid and shall be subject to Section 8.4. Except as otherwise provided by this Agreement, all principal payments in respect of the Loans shall be applied first, to repay outstanding Base Rate Loans and then to repay outstanding LIBOR Rate Loans in direct order of Interest Period maturities.

Appears in 1 contract

Samples: 364 Day Revolving Credit Agreement (Winmark Corp)

Manner of Prepayments. Each voluntary partial prepayment shall be in a principal amount of $100,000 500,000 or a higher integral multiple of $100,000. Any partial prepayment of a Group of LIBOR Loans shall be subject to the proviso to Section 2.2.3(a). Any prepayment of a LIBOR Loan on a day other than the last day of an Interest Period therefor shall include interest on the principal amount being repaid and shall be subject to Section 8.4. Except as otherwise provided by this Agreement, all principal payments in respect of the Loans (other than the Swing Line Loans) shall be applied first, to repay outstanding Base Rate Loans and then to repay outstanding LIBOR Rate Loans in direct order of Interest Period maturities.

Appears in 1 contract

Samples: Credit Agreement (Proquest Co)

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Manner of Prepayments. Each voluntary partial prepayment shall be in a principal amount of $100,000 1,000,000 or a higher integral multiple of $100,000250,000. Any partial prepayment of a Group of LIBOR Loans shall be subject to the proviso to Section 2.2.3(a). Any prepayment of a LIBOR Loan on a day other than the last day of an Interest Period therefor shall include interest on the principal amount being repaid and shall be subject to Section 8.4. Except as otherwise provided by this Agreement, all principal payments in respect of the Loans shall be applied first, to repay outstanding Base Rate Loans and then to repay outstanding LIBOR Rate Loans in direct order of Interest Period maturities.

Appears in 1 contract

Samples: Credit Agreement (Centene Corp)

Manner of Prepayments. Each voluntary partial prepayment shall be in a principal amount of $100,000 or a higher integral multiple of $100,00050,000. Any partial prepayment of a Group of LIBOR Loans shall be subject to the proviso to Section 2.2.3(a). Any prepayment of a LIBOR Loan on a day other than the last day of an Interest Period therefor shall include interest on the principal amount being repaid and shall be subject to Section 8.47.4. Except as otherwise provided by this Agreement, all principal payments in respect of the Loans shall be applied first, to repay outstanding Base Rate Loans and then to repay outstanding LIBOR LIBO Rate Loans in direct order of Interest Period maturities.

Appears in 1 contract

Samples: Loan and Security Agreement (Therapeutics Acquisition Corp.)

Manner of Prepayments. Each voluntary partial prepayment shall be in a principal amount of $100,000 50,000 or a higher integral multiple of $100,00050,000. Any partial prepayment of a Group of LIBOR Loans shall be subject to the proviso to Section 2.2.3(a). Any prepayment of a LIBOR Loan on a day other than the last day of an Interest Period therefor shall include interest on the principal amount being repaid and shall be subject to Section 8.47.4. Except as otherwise provided by this Agreement, all principal payments in respect of the Loans shall be applied first, to repay outstanding Base Rate Loans and then to repay outstanding LIBOR LIBO Rate Loans in direct order of Interest Period maturities.

Appears in 1 contract

Samples: Loan and Security Agreement (Lifeway Foods Inc)

Manner of Prepayments. Each voluntary partial prepayment shall be in a principal amount of $100,000 25,000 or a higher integral multiple of $100,0005,000. Any partial prepayment of a Group of LIBOR Loans shall be subject to the proviso to Section 2.2.3(a). Any prepayment of a LIBOR Loan or a Fixed Rate Loan on a day other than the last day of an Interest Period therefor therefore shall include interest on the principal amount being repaid and shall be subject to Section 8.48.4 or Section 5.2(b), as applicable. Except as otherwise provided by this Agreement, all principal payments in respect of the Loans shall be applied first, first to repay outstanding Base Rate Loans, then to repay outstanding Fixed Rate Loans in direct order of Interest Period maturities and then to repay outstanding LIBOR Rate Loans in direct order of Interest Period maturities.

Appears in 1 contract

Samples: 364 Day Revolving Credit Agreement (Winmark Corp)

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