Common use of Optional and Mandatory Prepayments Clause in Contracts

Optional and Mandatory Prepayments. (a) The Borrower may, at any time and from time to time, prepay the Loans, in whole or in part, without premium or penalty, except as set forth in Section 2.6(c), upon at least three Business Days’ irrevocable notice (in the case of Term Benchmark Loans) and one Business Day’s irrevocable notice (in the case of ABR Loans), in each case to the Administrative Agent, specifying the date and amount of prepayment, and whether the prepayment is of Term Benchmark Loans, ABR Loans or a combination thereof, and, if a combination thereof, the amount allocable to each. The Administrative Agent shall promptly notify each Lender of such prepayment and such Lender’s ratable share thereof (based on its Commitment Percentage). If any such notice is given, the amount specified in such notice shall be due and payable by the Borrower on the date specified therein, together with accrued interest to such date on the amount prepaid. Partial prepayments shall be in an aggregate principal amount of $1,000,000 or a whole multiple of $500,000 in excess thereof and may only be made, if after giving effect thereto, Section 2.9 shall not have been contravened.

Optional and Mandatory Prepayments. (a) The Borrower may, at any time and from time to time, prepay the Loans, in whole or in part, without premium or penalty, except as set forth in Section 2.6(c), upon at least three Business Working Days’ irrevocable notice (in the case of Term Benchmark Eurodollar Loans) and one Business Day’s irrevocable notice (in the case of ABR Loans), in each case to the Administrative Agent, specifying the date and amount of prepayment, and whether the prepayment is of Term Benchmark Eurodollar Loans, ABR Loans or a combination thereof, and, if a combination thereof, the amount allocable to each. The Administrative Agent shall promptly notify each Lender of such prepayment and such Lender’s ratable share thereof (based on its Commitment Percentage). If any such notice is given, the amount specified in such notice shall be due and payable by the Borrower on the date specified therein, together with accrued interest to such date on the amount prepaid. Partial prepayments shall be in an aggregate principal amount of $1,000,000 or a whole multiple of $500,000 in excess thereof and may only be made, if after giving effect thereto, Section 2.9 2.13(c) shall not have been contravened.

Optional and Mandatory Prepayments. (a) The Subject to Section 2.15, the Borrower may, at any time and from time to time, prepay the Revolving Loans, in whole or in part, without premium or penalty, except as set forth in Section 2.6(c), upon at least three Business Working Days’ ' irrevocable notice (in the case of Term Benchmark Eurodollar Loans) and one Business Day’s 's irrevocable notice (in the case of ABR Base Rate Loans), in each case ) from the Borrower to the Administrative Agent, Agent specifying the date and amount of prepayment, prepayment and whether the prepayment is of Term Benchmark Eurodollar Loans, ABR Base Rate Loans or a combination thereof, and, if of a combination thereof, the amount allocable to each. The Administrative Upon receipt of any such notice from the Borrower, the Agent shall promptly notify each the Lender of such prepayment and such Lender’s ratable share thereof (based on its Commitment Percentage)thereof. If any such notice is given, the amount specified in such notice shall be due and payable by the Borrower on the date specified therein, together with accrued interest to such date on the amount prepaidprepaid and any amounts payable pursuant to Section 2.15 in connection with such prepayment. Partial prepayments shall be in an aggregate principal amount of $1,000,000 or a whole multiple of $500,000 in excess thereof and may only be made, if after giving effect thereto, Section 2.9 2.07 shall not have been contravened.

Optional and Mandatory Prepayments. (a) The Each Borrower may, may at ---------------------------------- any time and from time to time, time prepay the relevant Loans, in whole or in part, without premium or penalty, except as set forth in Section 2.6(c), upon at least three Business Days’ ' irrevocable notice to the relevant Administrative Agent (in the case of Term Benchmark Eurodollar Loans) and ), or one Business Day’s 's irrevocable notice (in the case of ABR Loans), in each case to the relevant Administrative AgentAgent (otherwise), specifying the date and amount of prepayment, and whether the prepayment is Type of Term Benchmark Loans, ABR Loans or a combination thereofLoan to be prepaid, and, if of a combination thereof, the amount allocable to each. The Upon receipt of any such notice the relevant Administrative Agent shall promptly notify each relevant Lender of such prepayment and such Lender’s ratable share thereof (based on its Commitment Percentage)thereof. If any such notice is given, the amount specified in such notice shall be due and payable by the Borrower on the date specified therein, together with with, in the case of Eurodollar Loans, any interest accrued interest thereon, and in the case of all loans, any amounts payable pursuant to such date on the amount prepaidsubsection 4.12. Partial prepayments shall be in an aggregate principal amount of $US$1,000,000 or C$1,000,000, as the case may be, or a whole multiple of $500,000 US$100,000 or C$100,000, as the case may be, in excess thereof and thereof. Notwithstanding anything to the contrary above, C$ Loans consisting of Bankers' Acceptances may only not be made, if after giving effect thereto, Section 2.9 shall not have been contravenedprepaid pursuant to this subsection.

Optional and Mandatory Prepayments. (a) The Borrower may, at any time and from time to time, prepay the Loans, in whole or in part, without premium or penalty, except as set forth in Section 2.6(c), upon at least three two Business Days’ irrevocable notice (in the case of Term Benchmark SOFR Loans) and one Business Day’s irrevocable notice (in the case of ABR Base Rate Loans), in each case to the Administrative Agent, specifying the date and amount of prepayment, and whether the prepayment is of Term Benchmark SOFR Loans, ABR Base Rate Loans or a combination thereof, and, if a combination thereof, the amount allocable to eacheach and, if Term SOFR Loans are to be prepaid, the Interest Period(s) of such Loans. The Administrative Agent shall promptly notify each Lender of such prepayment and such Lender’s ratable share thereof (based on its Commitment Percentage). If any such notice is given, the amount specified in such notice shall be due and payable by the Borrower on the date specified therein, together with accrued interest to such date on the amount prepaid. Partial prepayments shall be in an aggregate principal amount of $1,000,000 or a whole multiple of $500,000 in excess thereof and may only be made, if after giving effect thereto, Section 2.9 shall not have been contravened.

Optional and Mandatory Prepayments. (a) The Each Borrower may, may at ---------------------------------- any time and from time to time, time prepay the relevant Loans, in whole or in part, without premium or penalty, except as set forth in Section 2.6(c), upon at least three Business Days’ ' irrevocable notice to the relevant Administrative Agent (in the case of Term Benchmark Eurodollar Loans) and ), or one Business Day’s 's irrevocable notice (in the case of ABR Loans), in each case to the relevant Administrative AgentAgent (otherwise), specifying the date and amount of prepayment, and whether the prepayment is Type of Term Benchmark Loans, ABR Loans or a combination thereofLoan to be prepaid, and, if of a combination thereof, the amount allocable to each. The Upon receipt of any such notice the relevant Administrative Agent shall promptly notify each relevant Lender of such prepayment and such Lender’s ratable share thereof (based on its Commitment Percentage)thereof. If any such notice is given, the amount specified in such notice shall be due and payable by the Borrower on the date specified therein, together with with, in the case of Eurodollar Loans, any interest accrued interest thereon, and in the case of all Loans, any amounts payable pursuant to such date on the amount prepaidsubsection 4.12. Partial prepayments shall be in an aggregate principal amount of $US$1,000,000 or C$1,000,000, as the case may be, or a whole multiple of $500,000 US$100,000 or C$100,000, as the case may be, in excess thereof and thereof. Notwithstanding anything to the contrary above, C$ Loans consisting of Bankers' Acceptances may only not be made, if after giving effect thereto, Section 2.9 shall not have been contravenedprepaid pursuant to this subsection.