Common use of Optional and Mandatory Principal Payments on All Loans Clause in Contracts

Optional and Mandatory Principal Payments on All Loans. 2.7.1. The Borrower may at any time and from time to time prepay Floating Rate Loans, in whole or in part, without penalty or premium, upon at least one Business Day's irrevocable notice to the Administrative Agent, specifying the date and amount of prepayment. If any such notice is given, the amount specified in such notice shall be due and payable on the date specified therein. Partial prepayment of Floating Rate Loans shall be in a minimum aggregate amount of $5,000,000 or any integral multiple of $1,000,000 in excess thereof. 2.7.2. The Borrower may at any time and from time to time prepay, without premium or penalty but upon payment of any amount payable pursuant to Section 3.4, its Eurodollar Loans in whole or in part, upon at least three Business Days' irrevocable notice to the Administrative Agent specifying the date and amount of prepayment. Partial prepayments of Eurodollar Loans shall be in an aggregate principal amount of which the U.S. Dollar Equivalent is at least $5,000,000 or any integral multiple of $1,000,000 in excess thereof, or such lesser principal amount as may equal the outstanding Eurodollar Loans. 2.7.3. If at any time, for any reason, the Aggregate Outstandings of all Lenders exceed the Aggregate Commitments then in effect, (a) the Borrower shall, without notice or demand, immediately prepay the Revolving Credit Loans such that the aggregate principal amount of Revolving Credit Loans so prepaid at least equals the amount of such excess. 2.7.4. Each prepayment and conversion pursuant to this Section 2.7 shall be accompanied by accrued and unpaid interest on the amount prepaid to the date of prepayment and any amounts payable under Section 3.4 in connection with such payment. 2.7.5. Prepayments pursuant to this Section 2.7 shall be applied first to prepay Floating Rate Loans and second to prepay Eurodollar Loans then outstanding in such order as the Borrower may direct. 2.7.6. All amounts prepaid may be reborrowed and successively repaid and reborrowed, subject to the other terms and conditions in this Agreement.

Optional and Mandatory Principal Payments on All Loans. 2.7.12.9.1. The Borrower Company may at any time and from time to time prepay Floating Rate Loans, in whole or in part, without penalty or premium, upon at least one Business Day's irrevocable notice to the Administrative Agent, specifying the date and amount of prepayment. If any such notice is given, the amount specified in such notice shall be due and payable on the date specified therein. Partial prepayment of Floating Rate Loans shall be in a minimum aggregate amount of $5,000,000 or any integral multiple of $1,000,000 in excess thereof. 2.7.22.9.2. The Each Borrower may at any time and from time to time prepay, without premium or penalty but upon payment of any amount payable pursuant to Section 3.4, its Eurodollar Loans and its Multicurrency Loans in whole or in part, upon at least three Business Days' irrevocable notice to the Administrative Agent specifying the date and amount of prepayment. Partial prepayments of Eurodollar or Multicurrency Loans shall be in an aggregate principal amount of which the U.S. Dollar Equivalent is at least $5,000,000 or any integral multiple of $1,000,000 in excess thereof5,000,000, or such lesser principal amount as may equal the outstanding Eurodollar or Multicurrency Loans. 2.7.32.9.3. If at any time, for any reason, the Aggregate Ratable Outstandings of all Lenders exceed the Aggregate Revolving Credit Commitments then in effect, (a) the Borrower Company shall, without notice or demand, immediately prepay the Revolving Credit Loans and/or (b) the Borrowers shall, without notice or demand, immediately prepay the Multicurrency Loans such that the sum of (i) the aggregate principal amount of Revolving Credit Loans so prepaid and (ii) the U.S. Dollar Equivalent of the aggregate principal amount of Multicurrency Loans so prepaid, at least equals the amount of such excess. 2.9.4. If, at any time for any reason, the Aggregate Multicurrency Outstandings of all Multicurrency Lenders to any Borrower exceed 105% of the aggregate Multicurrency Commitments of the Multicurrency Lenders to such Borrower (whether as a result of fluctuations in currency exchange rates or otherwise), the applicable Borrower shall, without notice or demand, immediately prepay its Multicurrency Loans in amounts such that the Multicurrency Loans so prepaid at least equals the amount of such excess. 2.7.42.9.5. If at any time, for any reason, either (a) the Aggregate Multicurrency Outstandings of all Multicurrency Lenders exceed 105% of the Aggregate Multicurrency Commitments plus the Aggregate Activated Non-Pro Rata Multicurrency Commitments or (b) the Aggregate Multicurrency Outstandings of any Multicurrency Lender exceeds its Multicurrency Commitment (in each case, whether as a result of fluctuations in currency exchange rates or otherwise), the Borrowers shall, without notice or demand, immediately prepay the Multicurrency Loans or deliver notice of their intent to deactivate Activated Non-Pro Rata Multicurrency Commitments pursuant to Section 2.6.4 in amounts such that the U.S. Dollar Equivalent of the Multicurrency Loans so prepaid or the Activated Non-Pro Rata Multicurrency Commitments so deactivated, as applicable, at least equals the amount of such excess. 2.9.6. Each prepayment and conversion pursuant to this Section 2.7 2.9 shall be accompanied by accrued and unpaid interest on the amount prepaid to the date of prepayment and any amounts payable under Section 3.4 in connection with such payment. 2.7.5. Prepayments pursuant to this Section 2.7 shall be applied first to prepay Floating Rate Loans and second to prepay Eurodollar Loans then outstanding in such order as the Borrower may direct. 2.7.6. All amounts prepaid may be reborrowed and successively repaid and reborrowed, subject to the other terms and conditions in this Agreement.