Common use of Optional Prepayments of Revolving Credit Loans and Swing Line Loans Clause in Contracts

Optional Prepayments of Revolving Credit Loans and Swing Line Loans. The Borrowers shall have the right, at their election, to prepay the outstanding amount of the Revolving Credit Loans and Swing Line Loans, as a whole or in part, at any time without penalty or premium (other than the obligation to reimburse the Revolving Credit Lenders and the Administrative Agent pursuant to SECTION 5.8 hereof). The Borrowers shall give written notice to the Administrative Agent (or telephonic notice confirmed in writing) no later than (a) 1:00 p.m. (Boston time) on the Business Day of the proposed prepayment of any Base Rate Loan, (b) 1:00 p.m. (Boston time) three (3) Eurodollar Business Days prior to the proposed prepayment of any Eurodollar Loan or (c) 1:00 p.m. (Boston time) on the Business Day of the proposed prepayment of any Swing Line Loan, in each case specifying the proposed date of prepayment of the Revolving Credit Loans or Swing Line Loans and the principal amount to be paid. Each such partial repayment of (i) the Revolving Credit Loans shall be in the amount of $1,000,000 or an integral multiple of $500,000 in excess thereof and (ii) the Swing Line Loans shall be in the amount of $100,000 or a greater integral multiple of $10,000 in excess thereof, and shall be accompanied by the payment of accrued interest on the principal prepaid to the date of prepayment and shall be applied, in the absence of instruction by the Borrowers, first to the principal of Base Rate Loans and then to the principal of Eurodollar Loans. Each partial prepayment of Revolving Credit Loans shall be allocated among the Revolving Credit Lenders, in proportion, as nearly as practicable, to the respective unpaid principal amount of each Revolving Credit Lender's Revolving Credit Loans, with adjustments to the extent practicable to equalize any prior repayments not exactly in proportion.

Optional Prepayments of Revolving Credit Loans and Swing Line Loans. The Borrowers shall have the right, at their election, to prepay the outstanding amount of the Revolving Credit Loans and Swing Line Loans, as a whole or in part, at any time without penalty or premium (other than the obligation to reimburse the Revolving Credit Lenders and the Administrative Agent pursuant to SECTION 5.8 ss.5.8 hereof). The Borrowers shall give written notice to the Administrative Agent Agent, (or telephonic notice confirmed in writing) no later than (a) 1:00 p.m. (Boston time) on the Business Day of the proposed prepayment of any Base Rate Loan, (b) 1:00 p.m. (Boston time) three (3) Eurodollar Business Days prior to the proposed prepayment of any Eurodollar Loan or (c) 1:00 2:30 p.m. (Boston time) on the Business Day of the proposed prepayment of any Swing Line Loan, in each case specifying the proposed date of prepayment of the Revolving Credit Loans or Swing Line Loans and the principal amount to be paid. Each such partial repayment of (i) the Revolving Credit Loans shall be in the amount of $1,000,000 or an integral multiple of $500,000 in excess thereof and (ii) the Swing Line Loans shall be in the amount of $100,000 or a greater integral multiple of $10,000 in excess thereof, and shall be accompanied by the payment of accrued interest on the principal prepaid to the date of prepayment and shall be applied, in the absence of instruction by the Borrowers, first to the principal of Base Rate Loans and then to the principal of Eurodollar Loans. Payments received from the Borrowers hereunder shall be applied only to Revolving Credit Loans. Each partial prepayment of Revolving Credit Loans shall be allocated among the Revolving Credit Lenders, Lenders in proportion, as nearly as practicable, to the respective unpaid principal amount of each Revolving Credit Lender's Revolving Credit Loans, Loans with adjustments to the extent practicable to equalize any prior repayments not exactly in proportion.

Optional Prepayments of Revolving Credit Loans and Swing Line Loans. The Borrowers shall have the right, at their election, to prepay the outstanding amount of the Revolving Credit Loans and Swing Line Loans, as a whole or in part, at any time without penalty or premium (other than the obligation to reimburse the Revolving Credit Lenders and the Administrative Agent pursuant to SECTION 5.8 ss.5.8 hereof). The Borrowers shall give written notice to the Administrative Agent (or telephonic notice confirmed in writing) no later than (a) 1:00 p.m. (Boston time) on the Business Day of the proposed prepayment of any Base Rate Loan, (b) 1:00 p.m. (Boston time) three (3) Eurodollar Business Days prior to the proposed prepayment of any Eurodollar Loan or (c) 1:00 p.m. (Boston time) on the Business Day of the proposed prepayment of any Swing Line Loan, in each case specifying the proposed date of prepayment of the Revolving Credit Loans or Swing Line Loans and the principal amount to be paid. Each such partial repayment of (i) the Revolving Credit Loans shall be in the amount of $1,000,000 or an integral multiple of $500,000 in excess thereof and (ii) the Swing Line Loans shall be in the amount of $100,000 or a greater integral multiple of $10,000 in excess thereof, and shall be accompanied by the payment of accrued interest on the principal prepaid to the date of prepayment and shall be applied, in the absence of instruction by the Borrowers, first to the principal of Base Rate Loans and then to the principal of Eurodollar Loans. Each partial prepayment of Revolving Credit Loans shall be allocated among the Revolving Credit Lenders, in proportion, as nearly as practicable, to the respective unpaid principal amount of each Revolving Credit Lender's Revolving Credit Loans, with adjustments to the extent practicable to equalize any prior repayments not exactly in proportion.

Optional Prepayments of Revolving Credit Loans and Swing Line Loans. The Borrowers shall have the right, at their election, to prepay the outstanding amount of the Revolving Credit Loans and Swing Line Loans, as a whole or in part, at any time without penalty or premium (other than the obligation to reimburse the Revolving Credit Lenders and the Administrative Agent pursuant to SECTION 5.8 ss.5.8 hereof). The Borrowers shall give written notice to the Administrative Agent Agent, (or telephonic notice confirmed in writing) no later than (a) 1:00 p.m. (Boston time) on the Business Day of the proposed prepayment of any Base Rate Loan, (b) 1:00 p.m. (Boston time) three (3) Eurodollar Business Days prior to the proposed prepayment of any Eurodollar Loan or (c) 1:00 2:30 p.m. (Boston time) on the Business Day of the proposed prepayment of any Swing Line Loan, in each case specifying the proposed date of prepayment of the Revolving Credit Loans or Swing Line Loans and the principal amount to be paid. Each such partial repayment of (i) the Revolving Credit Loans shall be in the amount of $1,000,000 5,000,000 or an integral multiple of $500,000 1,000,000 in excess thereof and (ii) the Swing Line Loans shall be in the amount of $100,000 or a greater integral multiple of $10,000 in excess thereof, and shall be accompanied by the payment of accrued interest on the principal prepaid to the date of prepayment and shall be applied, in the absence of instruction by the Borrowers, first to the principal of Base Rate Loans and then to the principal of Eurodollar Loans. Payments received from the Borrowers hereunder shall be applied only to Revolving Credit Loans. Each partial prepayment of Revolving Credit Loans shall be allocated among the Revolving Credit Lenders, Lenders in proportion, as nearly as practicable, to the respective unpaid principal amount of each Revolving Credit Lender's Revolving Credit Loans, Loans with adjustments to the extent practicable to equalize any prior repayments not exactly in proportion.