Common use of Notice of Prepayment Clause in Contracts

Notice of Prepayment. The Borrower shall give the Administrative Agent irrevocable written notice of prepayment of (i) a Base Rate Loan or Swing Loan by no later than 11:00 A.M. (Eastern time) on the Business Day on which such prepayment is to be made, and (ii) a Eurocurrency Loan by no later than 1:00 P.M. (Eastern time) three Business Days before the Business Day on which such prepayment is to be made.

Appears in 4 contracts

Samples: Credit and Security Agreement (Sleep Number Corp), Credit and Security Agreement (Sleep Number Corp), Credit and Security Agreement (Sleep Number Corp)

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Notice of Prepayment. The Administrative Borrower shall give the Administrative Agent irrevocable written (i) notice of prepayment of (i) a Base Rate Loan or Swing Loan by no later than 11:00 A.M. 1:00 P.M. (Eastern time) on the Business Day on which such prepayment is to be made, made and (ii) written notice of prepayment of a Eurocurrency LIBOR Fixed Rate Loan by no later than 1:00 P.M. (Eastern time) three Business Days before the Business Day on which such prepayment is to be made.

Appears in 3 contracts

Samples: Credit Agreement (TTEC Holdings, Inc.), Credit Agreement (Teletech Holdings Inc), Credit Agreement (Teletech Holdings Inc)

Notice of Prepayment. The Borrower shall give the Administrative Agent irrevocable written notice of prepayment of (i) a Base Rate Loan or Swing Loan by no later than 11:00 A.M. (Eastern time) on the Business Day on which such prepayment is to be made, and (ii) a Eurocurrency SOFR Loan or Alternate Currency Loan by no later than 1:00 P.M. (Eastern time) three Business Days before the Business Day on which such prepayment is to be made.

Appears in 2 contracts

Samples: Credit and Security Agreement (Bel Fuse Inc /Nj), Credit and Security Agreement (Bel Fuse Inc /Nj)

Notice of Prepayment. The Borrower shall give the Administrative Agent irrevocable written notice of prepayment of (i) a Base Rate Loan or Swing Loan by no later than 11:00 A.M. 2:00 P.M. (Eastern time) on the Business Day on which such prepayment is to be made, and (ii) a Eurocurrency Eurodollar Loan by no later than 1:00 2:00 P.M. (Eastern time) three Business Days before the Business Day on which such prepayment is to be made.

Appears in 2 contracts

Samples: Credit and Security Agreement (Shiloh Industries Inc), Credit and Security Agreement (Shiloh Industries Inc)

Notice of Prepayment. The Borrower shall give the Administrative Agent irrevocable written notice of prepayment of (i) a Base Rate Loan or Swing Loan by no later than 11:00 A.M. (Eastern time) on the Business Day on which such prepayment is to be made, made and (ii) a Eurocurrency written notice of the prepayment of any Eurodollar Loan by no not later than 1:00 P.M. (Eastern time) three Business Days before the Business Day on which such prepayment is to be made.

Appears in 2 contracts

Samples: Credit and Security Agreement (Shiloh Industries Inc), Credit and Security Agreement (Jupitermedia Corp)

Notice of Prepayment. The Administrative Borrower shall give the Administrative Agent irrevocable written notice of prepayment of (i) a Base Rate Loan or Swing Loan by no later than 11:00 A.M. (Eastern time) on the Business Day on which such prepayment is to be made, made and (ii) a Eurocurrency written notice of the prepayment of any Eurodollar Loan by no not later than 1:00 P.M. (Eastern time) three Business Days before the Business Day on which such prepayment is to be made.

Appears in 2 contracts

Samples: Credit and Security Agreement (Epiq Systems Inc), Credit and Security Agreement (Epiq Systems Inc)

Notice of Prepayment. The Administrative Borrower shall give the Administrative Agent irrevocable written notice of prepayment of (i) a Base Rate Loan or Swing Loan by no later than 11:00 A.M. (Eastern time) on the Business Day on which such prepayment is to be made, and (ii) a Eurocurrency SOFR Loan by no later than 1:00 P.M. (Eastern time) three Business Days before the Business Day on which such prepayment is to be made; provided that any such notice may be revocable if conditioned on the happening of some event.

Appears in 2 contracts

Samples: Credit and Security Agreement (AvidXchange Holdings, Inc.), Credit and Security Agreement (AvidXchange Holdings, Inc.)

Notice of Prepayment. The Administrative Borrower shall give the Administrative Agent Lender irrevocable written notice of prepayment of (i) a Base Rate Loan or Swing Loan by no later than 11:00 A.M. (Eastern time) on the Business Day on which such prepayment is to be made, and (ii) a Eurocurrency Eurodollar Loan by no later than 1:00 P.M. (Eastern time) three Business Days before the Business Day on which such prepayment is to be made.

Appears in 1 contract

Samples: Credit and Security Agreement (Colonial Commercial Corp)

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Notice of Prepayment. The Administrative Borrower shall give the Administrative Agent irrevocable written Lender notice of prepayment of (i) a Base Rate Loan or Swing Loan by no later than 11:00 A.M. (Eastern time) on the Business Day on which such prepayment is to be made, made and (ii) a Eurocurrency written notice of the prepayment of any Eurodollar Loan by no not later than 1:00 P.M. (Eastern time) three Business Days before the Business Day on which such prepayment is to be made.

Appears in 1 contract

Samples: Credit and Security Agreement (Hawk Corp)

Notice of Prepayment. The Borrower shall give the Administrative Agent irrevocable written notice of prepayment of (i) a Base Rate Loan or Swing Loan Interest Segment by no later than 11:00 A.M. (Eastern time) on the Business Day on which such prepayment is to be made, made and (ii) a Eurocurrency Loan by no written notice of the prepayment of any Eurodollar Interest Segment not later than 1:00 P.M. (Eastern time) three Business Days before the Business Day on which such prepayment is to be made.

Appears in 1 contract

Samples: Credit Agreement (Sykes Enterprises Inc)

Notice of Prepayment. The Administrative Borrower shall give the Administrative Agent irrevocable written notice of prepayment of (i) a Base Rate Loan or Swing Loan by no later than 11:00 A.M. (Eastern time) on the Business Day on which such prepayment is to be made, and (ii) a Eurocurrency written notice of the prepayment of any Eurodollar Loan by no later than 1:00 P.M. (Eastern time) three Business Days before the Business Day on which such prepayment is to be made.

Appears in 1 contract

Samples: Credit and Security Agreement (Epiq Systems Inc)

Notice of Prepayment. The Borrower shall give the Administrative Agent irrevocable written notice of prepayment of (i) a Base Rate Loan or Swing Loan by no later than 11:00 A.M. 12:00 P.M. (Eastern time) on the Business Day on which such prepayment is to be made, and (ii) a Eurocurrency Eurodollar Loan by no later than 1:00 P.M. (Eastern time) three Business Days before the Business Day on which such prepayment is to be made.

Appears in 1 contract

Samples: Credit and Security Agreement (Ignite Restaurant Group, Inc.)

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