Common use of Optional Prepayment of Loans; Reimbursement of Lenders Clause in Contracts

Optional Prepayment of Loans; Reimbursement of Lenders. (a) The Borrowers shall have the right at any time and from time to time to prepay outstanding Loans in whole or in part, (x) with respect to LIBOR Loans, upon at least two Business Days' prior written, telex or facsimile notice to the Agent prior to 11:00 a.m., New York City time, and (y) with respect to Base Rate Loans, on the same Business Day if written, telex or facsimile notice is received by the Agent prior to 1:00 p.m., New York City time, subject to the following limitations:

Optional Prepayment of Loans; Reimbursement of Lenders. (a) The Borrowers shall have the right at any time and from time to time to prepay outstanding Loans in whole or in part, (x) with respect to LIBOR LIBO Loans, upon at least two Business Days' prior written, telex or facsimile notice to the Administrative Agent prior to 11:00 a.m., New York City time, and (y) with respect to Base Prime Rate Loans, on the same upon at least one Business Day if prior written, telex or facsimile notice is received by to the Administrative Agent prior to 1:00 11:00 p.m., New York City time, subject to the following limitations:

Optional Prepayment of Loans; Reimbursement of Lenders. (a) The Borrowers shall have the right at any time and from time to time to prepay outstanding Loans in whole or in part, (x) with respect to LIBOR LIBO Loans, upon at least two Business Days' ’ prior written, telex or facsimile notice to the Administrative Agent prior to 11:00 a.m., New York City time, and (y) with respect to Base Prime Rate Loans, on the same Business Day if upon written, telex or facsimile notice is to the Administrative Agent, which notice shall be received by the Agent prior to 1:00 p.m.11:00 a.m., New York City timetime on the same Business Day of such prepayment, subject to the following limitations:

Optional Prepayment of Loans; Reimbursement of Lenders. (a) The Borrowers shall have the right at any time and from time to time to prepay outstanding Loans in whole or in part, (x) with respect to LIBOR Loans, upon at least two (2) Business Days' ’ prior written, telex or facsimile (or other electronic transmission) notice to the Agent prior to 11:00 a.m., New York City time, and (y) with respect to Base Rate Loans, on the same Business Day if written, telex or facsimile (or other electronic transmission) notice is received by the Agent prior to 1:00 p.m., New York City time, subject to the following limitations: