Common use of Optional Principal Payments Clause in Contracts

Optional Principal Payments. The Borrower may from time to time --------------------------- pay, without penalty or premium, all outstanding ABR Advances, or, in a minimum aggregate amount of $1,000,000 any portion of the outstanding ABR Advances upon two Business Days' prior notice to the Agent. Subject to Section 3.4 and upon ----------- like notice, a Eurodollar Advance may be paid prior to the last day of the applicable Interest Period in a minimum amount of $1,000,000 or an integral multiple of $500,000 in excess thereof.

Appears in 2 contracts

Samples: Credit Agreement (Fund American Enterprises Holdings Inc), Credit Agreement (Fund American Enterprises Holdings Inc)

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Optional Principal Payments. The Borrower may from time to time --------------------------- pay, without penalty or premium, all outstanding ABR Advances, or, in a minimum aggregate amount of $1,000,000 2,000,000 any portion of the outstanding ABR Advances upon two Business Days' prior notice to the Agent. Subject to Section 3.4 and upon ----------- like notice, a Eurodollar Advance may be paid prior to the last day of the applicable Interest Period in a minimum amount of $1,000,000 2,000,000 or an integral multiple of $500,000 in excess thereof.

Appears in 2 contracts

Samples: Credit Agreement (Fund American Enterprises Holdings Inc), Credit Agreement (Fund American Enterprises Holdings Inc)

Optional Principal Payments. The Borrower Borrowers may from time to time --------------------------- pay, without penalty or premium, all outstanding ABR Advances, or, in a minimum aggregate amount of $1,000,000 2,000,000, any portion of the outstanding ABR Advances Advances, upon two Business Days' prior notice to the Agent. Subject to Section 3.4 and ----------- upon ----------- like notice, a Eurodollar Advance may be paid prior to the last day of the applicable Interest Period in a minimum amount of $1,000,000 2,000,000 or an integral multiple of $500,000 in excess thereof.

Appears in 2 contracts

Samples: Credit Agreement (Fund American Enterprises Holdings Inc), Credit Agreement (Fund American Enterprises Holdings Inc)

Optional Principal Payments. The Borrower may from time to time --------------------------- pay, without penalty or premium, all outstanding ABR Alternate Base Rate Advances, or, in a minimum aggregate amount of $1,000,000 100,000 and in integral multiples of $10,000 in excess thereof, any portion of the outstanding ABR Alternate Base Rate Advances upon two Business Days' prior notice to the Agent. Subject to Section 3.4 and upon ----------- like notice, a A Eurodollar Advance may be paid prior to the last day of the applicable Eurodollar Interest Period only upon payment of any amounts due under Section 3.4 in a minimum amount of $1,000,000 or an integral multiple of $500,000 in excess thereofconnection with such prepayment.

Appears in 2 contracts

Samples: Credit Agreement (Platinum Technology Inc), Credit Agreement (Platinum Technology International Inc)

Optional Principal Payments. The Borrower Borrowers may from time to time --------------------------- pay, without penalty or premium, all outstanding ABR Advances, or, in a minimum aggregate amount of $1,000,000 2,000,000, any portion of the outstanding ABR Advances Advances, upon two Business Days' prior notice to the Agent. Subject to Section 3.4 and upon ----------- like notice, a Eurodollar Advance may be paid prior to the last day of the applicable Interest Period in a minimum amount of $1,000,000 2,000,000 or an integral multiple of $500,000 in excess thereof.

Appears in 1 contract

Samples: Credit Agreement (Fund American Enterprises Holdings Inc)

Optional Principal Payments. The Borrower may from time to time --------------------------- pay, without penalty or premium, all outstanding ABR Advances, or, in a minimum aggregate amount of $5,000,000 or any integral multiple of $1,000,000 in excess thereof, any portion of the outstanding ABR Advances upon two Business Days' prior notice to the Agent. Subject to Section 3.4 and upon ----------- like notice, Any prepayment of a Eurodollar Advance may be paid or Absolute Rate Advance prior to the last day of the applicable Eurodollar Interest Period in a minimum amount shall be subject to the indemnity provisions of $1,000,000 or an integral multiple of $500,000 in excess thereofSection 3.4.

Appears in 1 contract

Samples: Credit Agreement (Torchmark Corp)

Optional Principal Payments. The Borrower may from time to time --------------------------- pay, without penalty or premium, all outstanding ABR Advances, or, in a minimum aggregate amount of $1,000,000 any portion of the outstanding ABR Advances upon two Business Days' prior notice to the Agent. Subject to Section 3.4 and upon ----------- like notice, a Eurodollar Advance may be paid prior to the last day of the applicable Interest Period in a minimum amount of $1,000,000 or an integral multiple of $500,000 in excess thereof.

Appears in 1 contract

Samples: Credit Agreement (Fund American Enterprises Holdings Inc)

Optional Principal Payments. The Borrower may from time to time --------------------------- pay, without penalty or premium, all outstanding ABR Advances, or, in a minimum aggregate amount of $1,000,000 2,000,000 any portion of the outstanding ABR Advances upon two Business Days' prior notice to the Agent. Subject to Section 3.4 and upon ----------- like notice, a Eurodollar Advance may be paid prior to the last day of the applicable Interest Period in a minimum amount of $1,000,000 2,000,000 or an integral multiple of $500,000 in excess thereof.

Appears in 1 contract

Samples: Credit Agreement (Fund American Enterprises Holdings Inc)

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Optional Principal Payments. The Borrower may from time to time --------------------------- pay, without penalty or premium, all outstanding ABR Advances (other than Competitive Bid Advances, which may not be voluntarily prepaid), or, in a minimum aggregate amount of $1,000,000 10,000,000 or any integral multiple of $5,000,000 in excess thereof, any portion of the outstanding ABR Advances (other than Competitive Bid Advances) upon two three Business Days' prior notice to the Administrative Agent. Subject to Section 3.4 and upon ----------- like notice, Any prepayment of a Eurodollar Advance may be paid prior to the last day of the applicable Eurodollar Interest Period in a minimum amount shall be subject to the indemnity provisions of $1,000,000 or an integral multiple of $500,000 in excess thereofSection 3.4.

Appears in 1 contract

Samples: Credit Agreement (Cna Surety Corp)

Optional Principal Payments. The Borrower may from time to time --------------------------- pay, without penalty or premium, all outstanding ABR Alternate Base Rate Advances, or, in a minimum aggregate amount of $1,000,000 or any integral multiple of $100,000 in excess thereof, any portion of the outstanding ABR Alternate Base Rate Advances upon two Business Days' prior notice to the Agent. Subject to Section 3.4 and upon ----------- like notice, the Borrower may from time to time pay a Eurodollar Advance may be paid prior to the last day of the applicable Interest Period or any portion thereof in a minimum amount of $1,000,000 or an integral multiple of $500,000 1,000,000 in excess thereof.

Appears in 1 contract

Samples: Credit Agreement (SPX Corp)

Optional Principal Payments. The Borrower may from time to --------------------------- time --------------------------- pay, without penalty or premium, all outstanding ABR Advances, or, in a minimum aggregate amount of $5,000,000 or any integral multiple of $1,000,000 in excess thereof, any portion of the outstanding ABR Advances upon two Business Days' prior notice to the Agent. Subject to Section 3.4 and upon ----------- like notice, Any prepayment of a Eurodollar Advance may be paid or Absolute Rate Advance prior to the last day of the applicable Eurodollar Interest Period in a minimum amount shall be subject to the indemnity provisions of $1,000,000 or an integral multiple of $500,000 in excess thereofSection 3.4.

Appears in 1 contract

Samples: Credit Agreement (Torchmark Corp)

Optional Principal Payments. The Borrower may from time to time --------------------------- pay, --------------------------- without penalty or premium, all outstanding ABR Advances, or, in a minimum aggregate amount of $5,000,000 or any integral multiple of $1,000,000 in excess thereof, any portion of the outstanding ABR Advances upon two one Business Day's prior notice to the Agent in the case of an Alternate Base Rate Advance or three Business Days' prior notice to the AgentAgent in the case of a Eurodollar Advance. Subject to Section 3.4 and upon ----------- like notice, Any prepayment of a Eurodollar Advance may be paid prior to the last day of the applicable Eurodollar Interest Period in a minimum amount shall be subject to the indemnity provisions of $1,000,000 or an integral multiple of $500,000 in excess thereof.Section 3.4. ------------

Appears in 1 contract

Samples: Credit Agreement (Ralcorp Holdings Inc /Mo)

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