Optional Prepayments and Commitment Reductions. (a) The Borrowers may, on the last day of any Interest Period with respect thereto, in the case of Eurodollar Loans, or at any time and from time to time, in the case of ABR Loans, prepay the Loans, in whole or in part, without premium or penalty, upon at least one Business Day’s irrevocable notice to the Administrative Agent in the case of ABR Loans, and upon at least three Business Days’ irrevocable notice to the Administrative Agent in the case of Eurodollar Loans, in each case specifying the date and amount of prepayment and whether the prepayment is of Eurodollar Loans, ABR Loans or a combination thereof, and, in each case if of a combination thereof, the amount allocable to each. Upon receipt of any such notice the Administrative Agent shall promptly notify each Lender thereof. If any such notice is given, the amount specified in such notice shall be due and payable on the date specified therein, together with any amounts payable pursuant to subsection 4.14. Partial prepayments of Eurodollar Loans shall be in an aggregate principal amount of $5,000,000 or a whole multiple of $1,000,000 in excess thereof.
Optional Prepayments and Commitment Reductions. At any time, and from time to time, the Borrower may, on any Business Day, make a voluntary prepayment or permanent commitment reduction, in whole or in part, of the outstanding principal amount of the Loans or the Commitments; provided, however, that:
Optional Prepayments and Commitment Reductions. Loans under the Senior Credit Facilities may be prepaid and unused commitments under the Revolving Credit Facility may be reduced at any time, in whole or in part, at the option of the Borrower, upon notice and in minimum principal amounts and in multiples to be agreed upon, without premium or penalty (except Term SOFR breakage costs). Any optional prepayment of the Term A Facility will be applied as directed by the Borrower to the remaining scheduled amortization payments (and absent such direction, in direct order of maturity thereof).
Optional Prepayments and Commitment Reductions. Loans may be prepaid and commitments may be reduced by the Borrower in a minimum amount of $500,000 or integral multiples of $100,000. Optional prepayments of the term loans will be applied, first, to prepay the Tranche A loans and, to the extent the Tranche B Lenders and Tranche C Lenders so elect, the Tranche B loans and the Tranche C loans, and, second, to prepay any remaining Tranche B loans or Tranche C loans (once all Tranche A loans have been paid in full). Optional prepayments of term loans of any tranche held by any Lender will be applied to subsequent scheduled amortization on a pro-rata basis.
Optional Prepayments and Commitment Reductions. The Borrower shall have the right at any time and from time to time to prepay any Borrowing of any Tranche, in whole or in part, subject to the requirements of this Section 2.10; provided that each partial prepayment shall be in a principal amount that is an integral multiple of $1.0 million and not less than $5.0 million or, if less, the outstanding principal amount of such Borrowing.
Optional Prepayments and Commitment Reductions. Revolving Loans may be prepaid by the Borrower without premium or penalty (but subject to payment of break funding costs, if any, in respect of Eurodollar Loans (as defined below)), and Revolving Commitments may be reduced by the Borrower without premium or penalty, in minimum amounts to be agreed in the Revolving Loan Documents.
Optional Prepayments and Commitment Reductions. 25 4.6 Commitment Fee; Administrative Agent's Fee; Other Fees . . . . . . . . . . . . . . . . . . . . . . . . 26 4.7 Inability to Determine Interest Rate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27 4.8 Pro Rata Treatment and Payments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27 4.9 Computation of Borrowing Base . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28 4.10
Optional Prepayments and Commitment Reductions. Senior Credit Facilities may be prepaid at any time in whole or in part without premium or penalty, except that any prepayment of LIBOR rate advances other than at the end of the applicable interest periods there for shall be made with reimbursement for any funding losses and redeployment costs of the Lenders resulting therefrom. Each such prepayment of the Term Loan B Facility shall be applied first in direct order of maturity for the amortization payments occurring in the 12 month period following the date of such prepayment and second on a pro rata basis. The unutilized portion of any commitment under the Senior Credit Facilities may be reduced or terminated by the Borrower at any time without penalty (and the obligation to pay the Commitment Fee on the portion of the Senior Credit Facilities so reduced shall be terminated).
Optional Prepayments and Commitment Reductions. The Facilities may be prepaid at any time in whole or in part without premium or penalty, upon written notice, at the option of the Borrower Representative, together with accrued and unpaid interest thereon, to the date of prepayment, except (x) that any prepayment of LIBOR advances other than at the end of the applicable interest periods therefor shall be made with reimbursement for any funding losses and redeployment costs of the Lenders resulting therefrom and (y) as set forth in “Repayment Premium” below. Each optional prepayment of the Term Facility shall be applied as directed by the Borrower Representative. The unutilized portion of any commitment under the Revolving Credit Facilities may be reduced permanently or terminated by the Borrower Representative at any time without penalty.
Optional Prepayments and Commitment Reductions. .... Loans may be prepaid and commitments under the Revolving Credit Facility may be reduced, in each case, in minimum amounts to be agreed upon, at any time, without premium or penalty (other than customary indemnification for "breakage costs" incurred in connection with a prepayment of Loans on a day other than the last day of an interest period with respect thereto). Optional prepayments of the Term Loans will be applied to the installments thereof, first in direct order of maturity for eight amortization payments and thereafter, ratably in accordance with the then outstanding amounts thereof and may not be reborrowed.
