Optional Principal Payments. Each Borrower may from time to time pay, without penalty or premium, all outstanding Floating Rate Advances of such Borrower, or any portion of such outstanding Floating Rate Advances, in a minimum aggregate amount of $5,000,000 or any integral multiple of $1,000,000 in excess thereof, upon one (1) Business Day’s prior notice to the Agent. Each Borrower may from time to time pay, subject to the payment of any funding indemnification amounts required by Section 3.4 but without penalty or premium, all outstanding Eurodollar Advances of such Borrower, or, in a minimum aggregate amount of $5,000,000 or any integral multiple of $1,000,000 in excess thereof, any portion of such outstanding Eurodollar Advances upon three (3) Business Days’ prior notice to the Agent.
Appears in 5 contracts
Samples: Credit Agreement (Central Illinois Public Service Co), Credit Agreement (Ameren Corp), Credit Agreement
Optional Principal Payments. Each The Borrower may from time to time pay, without penalty or premium, all outstanding Floating Rate Advances of such BorrowerAdvances, or any portion of such outstanding Floating Rate Advancesor, in a minimum aggregate amount of $5,000,000 or any higher integral multiple of $1,000,000 in excess thereof1,000,000, any portion of the outstanding Floating Rate Advances upon one (1) Business Day’s prior notice to the AgentAgent not later than 11:30 a.m. (New York time) on the date of payment (which shall be a Business Day). Each The Borrower may from time to time pay, subject to the payment of any funding indemnification amounts required by Section 3.4 but without penalty or premium, all outstanding Eurodollar Advances of such Borrower, or, in a minimum aggregate amount of $5,000,000 or any higher integral multiple of $1,000,000 in excess thereof1,000,000, any portion of such the outstanding Eurodollar Advances upon prior notice to the Agent not later than 1:00 p.m. (New York time) three (3) Business Days’ Days prior notice to the Agentdate of payment (which shall be a Business Day).
Appears in 3 contracts
Samples: Credit Agreement (Portland General Electric Co /Or/), Credit Agreement (Portland General Electric Co /Or/), Credit Agreement (Portland General Electric Co /Or/)
Optional Principal Payments. Each The Borrower may from time to time pay, without penalty or premium, all outstanding Floating Rate Advances of such BorrowerAdvances, or any portion of such outstanding Floating Rate Advancesor, in a minimum aggregate amount of $5,000,000 10,000,000 or any integral multiple of $1,000,000 in excess thereof, any portion of the outstanding Floating Rate Advances upon one (1) Business Day’s prior written notice to the AgentAgent by no later than 11:00 a.m. (Local Time) on the date of such prepayment. Each The Borrower may from time to time pay, subject to the payment of any funding indemnification amounts required by Section 3.4 but without penalty or premium, all outstanding Eurodollar Advances of such BorrowerEurocurrency Advances, or, in a minimum aggregate amount of $5,000,000 or any integral multiple of $1,000,000 5,000,000 in excess thereofthereof (or the Approximate Equivalent Amount if denominated in an Agreed Currency other than Dollars), any portion of such the outstanding Eurodollar Eurocurrency Advances upon three (3) Business Days’ prior notice to the Agent.
Appears in 3 contracts
Samples: Amendment and Restatement Agreement (General Dynamics Corp), 364 Day Credit Agreement (General Dynamics Corp), Five Year Credit Agreement (General Dynamics Corp)
Optional Principal Payments. Each The Borrower may from time to time pay, without penalty or premium, all outstanding Floating Rate Advances of such BorrowerABR Advances, or any portion of such outstanding Floating Rate Advancesor, in a minimum aggregate amount of $5,000,000 or any integral multiple of $1,000,000 500,000 in excess thereof, any portion of the outstanding ABR Advances upon one (1) Business Day’s prior notice to the AgentAgent not later than noon (Central time) on the day of prepayment. Each The Borrower may from time to time pay, subject to the payment of any funding indemnification amounts required by Section 3.4 but without penalty or premium, all outstanding Eurodollar Advances of such BorrowerAdvances, or, in a minimum aggregate amount of $5,000,000 or any integral multiple of $1,000,000 500,000 in excess thereof, any portion of such the outstanding Eurodollar Advances upon three not less than five (35) Business Days’ prior notice to the Agent.
Appears in 2 contracts
Samples: Credit Agreement (Ryland Group Inc), Credit Agreement (Ryland Group Inc)
Optional Principal Payments. Each Borrower may from time to time pay, without penalty or premium, all outstanding Floating Rate Advances of such Borrower, or any portion of such outstanding Floating Rate Advances, in a minimum aggregate amount of $5,000,000 or any integral multiple of $1,000,000 in excess thereof, upon one (1) Business Day’s prior notice to the Agent. Each Borrower may from time to time pay, subject to the payment of any funding indemnification amounts required by Section 3.4 but without penalty or premium, all outstanding Eurodollar Advances of such Borrower, or, in a minimum aggregate amount of $5,000,000 or any integral multiple of $1,000,000 in excess thereof, any portion of such outstanding Eurodollar Advances upon three (3) Business Days’ prior notice to the Agent; provided that no Competitive Loan may be prepaid without the consent of the applicable Lender.
Appears in 2 contracts
Samples: Five Year Revolving Credit Agreement (Central Illinois Public Service Co), Revolving Credit Agreement (Amerenenergy Generating Co)
Optional Principal Payments. Each The Borrower may from time to time pay, without penalty or premium, all outstanding Floating Rate Advances of such Borrower, or any portion of such outstanding Floating Alternate Base Rate Advances, or, in a minimum aggregate amount of $5,000,000 100,000 or any integral multiple of $1,000,000 100,000 in excess thereof, any portion of the outstanding Alternate Base Rate Advances upon one (1) Business Day’s Days' prior notice to the AgentBank. Each The Borrower may from time to time pay, subject to the payment of any funding indemnification amounts required by Section 3.4 Subsection 2.21 hereof but without penalty or premium, all outstanding Eurodollar Advances of such BorrowerAdvances, or, in a minimum aggregate amount of $5,000,000 1,000,000 or any integral multiple of $1,000,000 in excess thereof, any portion of such the outstanding Eurodollar Advances upon three (3) Business Days’ ' prior notice to the AgentBank.
Appears in 1 contract
Optional Principal Payments. Each The Borrower may from time to time pay, without penalty or premium, all outstanding Floating Rate Advances of such BorrowerAdvances, or any portion of such outstanding Floating Rate Advancesor, in a minimum aggregate amount of $5,000,000 1,000,000 or any integral multiple of $1,000,000 in excess thereof, any portion of the outstanding Floating Rate Advances on any Business Day upon one (1) Business Day’s prior notice to the AgentAgent by no later than 12:00 noon (New York, New York time) on the date of such prepayment. Each The Borrower may from time to time pay, subject to the payment of any funding indemnification amounts required by Section 3.4 4.4 but without penalty or premium, all outstanding Eurodollar Advances of such BorrowerAdvances, or, in a minimum aggregate amount of $5,000,000 or any integral multiple of $1,000,000 in excess thereof, any portion of such the outstanding Eurodollar Advances upon three (3) Business Days’ prior written notice to the Agent.
Appears in 1 contract
Optional Principal Payments. Each The Borrower may from time to time pay, without penalty or premium, all outstanding Floating Rate Advances of such BorrowerAdvances, or any portion of such outstanding Floating Rate Advancesor, in a minimum aggregate amount of $5,000,000 500,000 or any integral multiple of $1,000,000 100,000 in excess thereof, any portion of the outstanding Floating Rate Advances upon one (1) Business Day’s prior notice to the AgentAdministrative Agent no later than 12:00 Noon on the date of prepayment. Each The Borrower may from time to time pay, subject to the payment of any funding indemnification amounts required by Section 3.4 2.4 but without penalty or premium, all outstanding Eurodollar Advances of such BorrowerAdvances, or, in a minimum aggregate amount of $5,000,000 2,000,000 or any integral multiple of $1,000,000 100,000 in excess thereof, any portion of such the outstanding Eurodollar Advances upon three (3) Business Days’ ' prior notice to the Administrative Agent. No amount of the Advances prepaid may be reborrowed.
Appears in 1 contract