Optional and Mandatory Prepayment of Loans. (a) The Borrower shall have the right at any time and from time to time to prepay any Borrowing in whole or in part, subject to prior notice in accordance with paragraph (b) of this Section; provided that the Borrower shall not have the right to prepay any Competitive Loan without the prior written consent of the Lender thereof.
Appears in 9 contracts
Samples: Credit Agreement (CSX Corp), Credit Agreement (CSX Corp), Credit Agreement (CSX Corp)
Optional and Mandatory Prepayment of Loans. (a) The Any Borrower shall have the right at any time and from time to time to prepay any Borrowing in whole or in partpart (without premium or penalty but subject to Section 2.14), subject to prior notice in accordance with paragraph (b) of this Section; provided that Section 2.09. All or any portion of any Loan prepaid may be borrowed and reborrowed in accordance with the Borrower shall not have the right to prepay any Competitive Loan without the prior written consent terms and provisions of the Lender thereofthis Agreement.
Appears in 8 contracts
Samples: Subsidiary Guarantee Agreement (El Paso Corp/De), Subsidiary Guarantee Agreement (Tennessee Gas Pipeline Co), Credit Agreement (Tennessee Gas Pipeline Co)
Optional and Mandatory Prepayment of Loans. (a) The Any Borrower shall have the right at any time and from time to time to prepay any Borrowing in whole or in partpart (without premium or penalty but subject to Section 2.14), subject to prior notice in accordance with paragraph (b) of this Section; provided that Section 2.09. All or any portion of any Deposit Loan or Revolving Loan prepaid may be borrowed and reborrowed in accordance with the Borrower shall not have the right to prepay any Competitive Loan without the prior written consent terms and provisions of the Lender thereofthis Agreement.
Appears in 4 contracts
Samples: Credit Agreement (Colorado Interstate Gas Co), Credit Agreement (El Paso Natural Gas Co), Credit Agreement (El Paso Corp/De)
Optional and Mandatory Prepayment of Loans. (a) The Any Borrower shall have the right at any time and from time to time to prepay any Borrowing in whole or in partpart (without premium or penalty but subject to Section 2.14), subject to prior notice in accordance with paragraph (b) of this Section; provided that Section 2.09. All or any portion of any Deposit Loan or Revolving Loan prepaid may be borrowed and reborrowed in accordance with the Borrower shall terms and provisions of this Agreement. Amounts prepaid in respect of Term Loans may not have the right to prepay any Competitive Loan without the prior written consent of the Lender thereofbe reborrowed.
Appears in 3 contracts
Samples: Credit Agreement (Southern Natural Gas Co), Credit Agreement (El Paso Natural Gas Co), Credit Agreement (El Paso Corp/De)
Optional and Mandatory Prepayment of Loans. (a) The ------------------------------------------ Borrower shall have the right at any time and from time to time to prepay any Borrowing in whole or in part, subject to prior notice in accordance with paragraph (b) of this Section; provided that the Borrower shall not have the -------- right to prepay any Competitive Loan without the prior written consent of the Lender thereof.
Appears in 2 contracts
Samples: Conformed Copy (CSX Corp), Conformed Copy (CSX Corp)
Optional and Mandatory Prepayment of Loans. (a) The Borrower shall have the right at any time and from time to time to prepay any Borrowing in whole or in part, subject to prior notice in accordance with paragraph (bd) of this Section; provided that the Borrower shall not have the right to prepay any Competitive Loan without the prior written consent of the Lender thereofSection and Section 4.05.
Appears in 1 contract
Samples: Credit Agreement (Fah Co Inc)
Optional and Mandatory Prepayment of Loans. (a) The Borrower shall have the right at any time and from time to time to prepay any Borrowing made by it in whole or in part, subject to prior notice in accordance with paragraph (bc) of this Section; provided that the Borrower shall not have the right to prepay any Competitive Loan without the prior written consent of the Lender thereof.
Appears in 1 contract
Optional and Mandatory Prepayment of Loans. (a) The Borrower shall have the right at any time and from time to time to prepay any Borrowing Loan in whole or in partpart (without premium or penalty but subject to Section 2.13), subject to prior notice in accordance with paragraph subsection (b) of this Section; provided that . All or any portion of any Loan prepaid may be borrowed and reborrowed in accordance with the Borrower shall not have the right to prepay any Competitive Loan without the prior written consent terms and provisions of the Lender thereofthis Agreement.
Appears in 1 contract
Samples: Credit Agreement (El Paso Corp/De)
Optional and Mandatory Prepayment of Loans. (a) The Borrower shall have the right at any time and from time to time to prepay any Borrowing in whole or in part, including accrued and unpaid interest, subject to prior notice in accordance with paragraph clause (b) of this Sectionbelow; provided that each partial prepayment shall be in the Borrower shall not have amount of $500,000 or a higher integral multiple of $50,000 (or, if less, the right to prepay any Competitive Loan without the prior written consent outstanding principal amount of the Lender thereofsuch Borrowing) together with accrued and unpaid interest thereon.
Appears in 1 contract
Optional and Mandatory Prepayment of Loans. (a) The Borrower shall have the right at any time and from time to time to prepay any Borrowing in whole or in partpart (in dollars, or in the applicable Alternate Currency, with respect to Alternate Currency Loans), subject to prior notice in accordance with paragraph (b) of this Section; provided that the Borrower shall not have the right to prepay any Competitive Loan without the prior written consent of the Lender thereofSection 2.11.
Appears in 1 contract
Optional and Mandatory Prepayment of Loans. (a) The Borrower Company shall have the right at any time and from time to time to prepay any Borrowing in whole or in part, subject to prior notice in accordance with paragraph (b) of this Section; provided that the Borrower shall not have the right to prepay any Competitive Loan without the prior written consent of the Lender thereofSection 2.09(b).
Appears in 1 contract
Samples: Credit Agreement (Kinder Morgan Energy Partners L P)
Optional and Mandatory Prepayment of Loans. (a) The Borrower shall have the right at any time and from time to time to prepay any Borrowing in whole or in part, subject to prior notice in accordance with paragraph (b) of this Section; provided that the Borrower shall not have the right to prepay any Competitive Loan without the prior written consent of the Lender thereof.
Appears in 1 contract
