Common use of Optional Prepayment of Swing Line Loans Clause in Contracts

Optional Prepayment of Swing Line Loans. Subject to the provisions of this clause (f), the Borrower may, at its sole option, prepay the principal amount of the Swing Line Loans in whole or in part (and in an amount not less than the amount provided in the Autoborrow Services Agreement) at any time and from time to time, without premium or penalty. In respect of each Optional Prepayment of a Swing Line Loan proposed to be made by the Borrower, the right of the Borrower to make such Optional Prepayment is subject to the Agent's receipt from the Borrower, no later than 12:00 P.M. on the Business Day specified therein as the date on which such Optional Prepayment is to be made, of a written notice (which shall be irrevocable and a copy thereof shall be promptly delivered by the Agent to the Swing Line Lender) specifying (i) that the Borrower desires to prepay such Swing Line Loan, (ii) the principal amount of such Optional Prepayment, and (iii) the date (which shall be a Business Day) on which such Optional Prepayment will be made. Any Optional Prepayment of a Swing Line Loan, which has not been converted to a Revolving Loan, made by the Borrower as permitted hereunder shall be paid to the Agent for the account of the Swing Line Lender no later than 12:00 P.M. (Eastern Time) on the applicable prepayment date.

Optional Prepayment of Swing Line Loans. Subject to the provisions of this clause (f)) and Section 3.9 hereof, the Borrower may, at its sole option, prepay the principal amount of the Swing Line Loans in whole or in part (and in an amount not less than the amount provided of $10,000 or more and in the Autoborrow Services Agreementmultiples of $1,000) at any time and from time to time, without premium or penalty. In respect of each Optional Prepayment of a Swing Line Loan proposed to be made by the Borrower, the right of the Borrower to make such Optional Prepayment is subject to the Agent's receipt from the Borrower, no later than 12:00 P.M. on the Business Day specified therein as the date on which such Optional Prepayment is to be made, of a written notice (which shall be irrevocable and a copy thereof shall be promptly delivered by the Agent to the Swing Line Lenderirrevocable) specifying (i) that the Borrower desires to prepay such Swing Line Loan, (ii) the principal amount of such Optional Prepayment, and (iii) the date (which shall be a Business Day) on which such Optional Prepayment will be made. Any Optional Prepayment of a Swing Line Loan, which has not been converted to a Revolving Loan, made by the Borrower as permitted hereunder shall be paid to the Agent for the account of the Swing Line Lender no later than 12:00 P.M. (Eastern Time) on the applicable prepayment date.. ARTICLE III

Optional Prepayment of Swing Line Loans. Subject to the --------------------------------------- provisions of this clause (f)) and Section 3.9 hereof, the Borrower Borrowers may, at its their sole option, prepay the principal amount of the Swing Line Loans in whole or in part (and in an amount not less than the amount provided of $250,000 or more and in the Autoborrow Services Agreementmultiples of $250,000) at any time and from time to time, without premium or penalty. In respect of each Optional Prepayment of a Swing Line Loan proposed to be made by the BorrowerBorrowers, the right of the Borrower Borrowers to make such Optional Prepayment is subject to the Agent's receipt from the BorrowerBorrowers, no later than 12:00 P.M. on the Business Day specified therein as the date on which such Optional Prepayment is to be made, of a written notice (which shall be irrevocable and a copy thereof shall be promptly delivered by the Agent to the Swing Line Lenderirrevocable) specifying (i) that the Borrower desires - Borrowers desire to prepay such Swing Line Loan, (ii) the principal amount of -- such Optional Prepayment, and (iii) the date (which shall be a Business Day) on --- which such Optional Prepayment will be made. Any Optional Prepayment of a Swing Line Loan, which has not been converted to a Revolving Loan, made by the Borrower Borrowers as permitted hereunder shall be paid to the Agent for the account of the Swing Line Lender no later than 12:00 P.M. (Eastern Time) on the applicable prepayment date.