Optional Principal Payments. The Borrower may from time to time pay, without penalty or premium, all outstanding Alternate Base Rate Advances, or, in a minimum aggregate amount of $10,000,000 or any integral multiple of $1,000,000 in excess thereof, any portion of the outstanding Alternate Base Rate Advances upon notice to the Administrative Agent by 11:00 a.m. (New York time) on the Business Day of the proposed prepayment. The Borrower may from time to time pay, subject to the payment of any funding indemnification amounts required by Section 3.04 but without penalty or premium, all outstanding Eurodollar Advances, or, in a minimum aggregate amount of $10,000,000 or any integral multiple of $1,000,000 in excess thereof, any portion of an outstanding Eurodollar Advance, upon three (3) Business Days’ prior notice to the Administrative Agent. Prepayments shall be applied to scheduled amortization of the Loans as directed by the Borrower.
Appears in 3 contracts
Samples: Term Credit Agreement (Aon Corp), Term Credit Agreement (Aon Corp), Assignment and Assumption Agreement (Aon Corp)
Optional Principal Payments. The Borrower may from time to time pay, without penalty or premium, all outstanding Alternate Base Rate Advances, or, in a minimum aggregate amount of $10,000,000 or any integral multiple of $1,000,000 in excess thereof, any portion of the outstanding Alternate Base Rate Advances upon notice to the Administrative Agent by 11:00 a.m. (New York time) on the Business Day of the proposed prepayment. The Borrower may from time to time pay, subject to the payment of any funding indemnification amounts required by Section 3.04 3.4 but without penalty or premium, all outstanding Eurodollar Advances, or, in a minimum aggregate amount of $10,000,000 or any integral multiple of $1,000,000 in excess thereof, any portion of an outstanding Eurodollar Advance, upon three two (32) Business Days’ prior notice to the Administrative Agent. Prepayments shall be applied to scheduled amortization of the Loans as directed by the Borrower.
Appears in 3 contracts
Samples: Assignment and Assumption (Aon Corp), Credit Agreement (Aon Corp), Credit Agreement (Aon Corp)
Optional Principal Payments. The Borrower may from time to time pay, without penalty or premium, all outstanding Alternate Base Floating Rate Advances, or, in a minimum aggregate amount of $10,000,000 1,000,000 or any integral multiple of $1,000,000 100,000 in excess thereof, any portion of the outstanding Alternate Base Floating Rate Advances not later than 1:00 p.m. (Dallas time) upon prior notice to the Administrative Agent by 11:00 a.m. (New York time) on the Business Day date of the proposed such prepayment. The Borrower may from time to time pay, subject to the payment of any funding indemnification amounts required by Section 3.04 3.4 but without penalty or premium, all outstanding Eurodollar Advances, or, in a minimum aggregate amount of $10,000,000 1,000,000 or any integral multiple of $1,000,000 100,000 in excess thereof, any portion of an the outstanding Eurodollar Advance, Advances upon three (3) Business Days’ ' prior notice to the Administrative Agent. Prepayments shall be applied to scheduled amortization of the Loans as directed by the Borrower.
Appears in 2 contracts
Samples: Credit Agreement (Centex Construction Products Inc), Assignment Agreement (Centex Construction Products Inc)
Optional Principal Payments. The Borrower may from time to time pay, without penalty or premium, all outstanding Alternate Base Rate Advances, or, in a minimum aggregate amount of $10,000,000 5,000,000 or any integral multiple of $1,000,000 500,000 in excess thereof, any portion of the outstanding Alternate Base Rate Advances upon notice to the Administrative Agent by 11:00 prior to 10:00 a.m. (New York Chicago time) on the Business Day date of the proposed such prepayment. The Borrower may from time to time pay, subject to the payment of any funding indemnification amounts required by Section 3.04 3.4 but without penalty or premium, all outstanding Eurodollar Advances, or, in a minimum aggregate amount of $10,000,000 or any integral multiple of $1,000,000 in excess thereof, any portion of an the outstanding Eurodollar Advance, Advances upon three (3) Business Days’ ' prior notice to the Administrative Agent. Prepayments shall be applied to scheduled amortization of the Loans as directed by the Borrower.
Appears in 2 contracts
Samples: Credit Agreement (Dexter Corp), Credit Agreement (Dexter Corp)
Optional Principal Payments. The Borrower may from time to time pay, without penalty or premium, all outstanding Alternate Base Floating Rate Advances, or, in a minimum aggregate amount of $10,000,000 1,000,000 or any integral multiple of $1,000,000 100,000 in excess thereof, any portion of the outstanding Alternate Base Floating Rate Advances not later than 1:00 p.m. (Dallas time) upon prior written notice to the Administrative Agent by 11:00 a.m. (New York time) on the Business Day date of the proposed such prepayment. The Borrower may from time to time pay, subject to the payment of any funding indemnification amounts required by Section 3.04 3.4 but without penalty or premium, all outstanding Eurodollar Advances, or, in a minimum aggregate amount of $10,000,000 1,000,000 or any integral multiple of $1,000,000 100,000 in excess thereof, any portion of an the outstanding Eurodollar Advance, Advances upon three (3) Business Days’ ' prior notice to the Administrative Agent. Prepayments shall be applied to scheduled amortization of the Loans as directed by the Borrower.
Appears in 1 contract
Samples: Credit Agreement (Centex Construction Products Inc)
Optional Principal Payments. The Borrower Borrowers may from time to time pay, without penalty or premium, all outstanding Alternate Base Floating Rate Advances, oror any portion of the outstanding Floating Rate Advances, in a minimum aggregate amount of $10,000,000 1,000,000 or any integral multiple of $1,000,000 250,000 in excess thereof, any portion of the outstanding Alternate Base Rate Advances upon prior notice to the Administrative Agent by 11:00 a.m. at or before 12:00 noon (New York Chicago time) on the one (1) Business Day prior to the date of the proposed prepaymentsuch payment. The Borrower Borrowers may from time to time pay, subject to the payment of any funding indemnification amounts required by Section 3.04 3.4 but without penalty or premium, all outstanding Eurodollar Advances, or, in a minimum aggregate amount of $10,000,000 5,000,000 or any integral multiple of $1,000,000 in excess thereof, any portion of an the outstanding Eurodollar Advance, Advances upon three five (35) Business Days’ ' prior notice to the Administrative Agent. Prepayments shall be applied to scheduled amortization of the Loans as directed by the Borrower.
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Optional Principal Payments. The Borrower may from time to time pay, without penalty or premium, all outstanding Alternate Base Rate Advances, or, in a minimum aggregate amount of $10,000,000 or any integral multiple of $1,000,000 in excess thereof, any portion of the outstanding Alternate Base Rate Advances upon notice to the Administrative Agent by 11:00 a.m. (New York time) on the Business Day of the proposed prepayment. The Borrower may from time to time pay, subject to the payment of any funding indemnification amounts required by Section 3.04 but without penalty or premium, all outstanding Eurodollar Advances, or, in a minimum aggregate amount of $10,000,000 or any integral multiple of $1,000,000 in excess thereof, any portion of an outstanding Eurodollar Advance, upon three (3) Business Days’ prior notice to the Administrative Agent. Prepayments shall be applied to scheduled amortization of the Loans as directed by the Borrower.
Appears in 1 contract
Samples: Credit Agreement (Aon Corp)
Optional Principal Payments. The Borrower may from time to time pay, --------------------------- without penalty or premium, all outstanding Alternate Base Floating Rate Advances, or any portion of the 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 prior notice to the Administrative Agent at or before noon (New York time) on the date of such prepayment. 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, ----------- or, in a minimum aggregate amount of $10,000,000 or any integral multiple of $1,000,000 in excess thereof, any portion of the outstanding Alternate Base Rate Eurodollar Advances upon notice to the Administrative Agent by 11:00 a.m. five (New York time) on the Business Day of the proposed prepayment. The Borrower may from time to time pay, subject to the payment of any funding indemnification amounts required by Section 3.04 but without penalty or premium, all outstanding Eurodollar Advances, or, in a minimum aggregate amount of $10,000,000 or any integral multiple of $1,000,000 in excess thereof, any portion of an outstanding Eurodollar Advance, upon three (35) Business Days’ ' prior notice to the Administrative Agent. Prepayments shall be applied to scheduled amortization of the Loans as directed by the Borrower.
Appears in 1 contract
Samples: Day Credit Agreement (Mead Corp)
Optional Principal Payments. The Borrower Borrowers may from time to time pay, without penalty or premium, all outstanding Alternate Base Floating Rate Advances or any portion of the outstanding Floating Rate Advances, or, in a minimum aggregate amount of $10,000,000 1,000,000 or any integral multiple of $1,000,000 500,000 in excess thereof, any portion of the outstanding Alternate Base Rate Advances upon prior notice to the Administrative Agent by 11:00 a.m. Lender at or before 12:00 noon (New York Chicago time) on the one (1) Business Day prior to the date of the proposed prepaymentsuch payment. The Borrower Borrowers may from time to time pay, subject to the payment of any funding indemnification amounts required by Section 3.04 3.4 but without penalty or premium, all outstanding Eurodollar Eurocurrency Ratable Advances, or, in a minimum aggregate amount of $10,000,000 1,000,000 or any integral multiple of $1,000,000 500,000 in excess thereofthereof (or the Approximate Equivalent Amount if denominated in an Agreed Currency other than Dollars), any portion of an the outstanding Eurodollar Advance, Eurocurrency Ratable Advances upon three five (35) Business Days’ prior notice to the Administrative Agent. Prepayments shall be applied to scheduled amortization of the Loans as directed by the BorrowerLender.
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Optional Principal Payments. The Borrower may from time to time paypay on any Business Day, without penalty or premium, all outstanding Alternate Base Floating Rate Advances, or, in a minimum aggregate amount of $10,000,000 1,000,000 or any integral multiple of $1,000,000 500,000 in excess thereof, any portion of the outstanding Alternate Base Floating Rate Advances upon notice to the Administrative Agent by 11:00 (not later than 10:00 a.m. (New York Chicago time) on the Business Day proposed day of the proposed prepaymentpayment. The Borrower may from time to time pay, subject to the payment of any funding indemnification amounts required by Section 3.04 3.4 but without penalty or premium, all outstanding Eurodollar Advances, Advances or, in a minimum aggregate amount of $10,000,000 1,000,000 or any integral multiple of $1,000,000 500,000 in excess thereof, any portion of an the outstanding Eurodollar Advance, Advances upon three (3) Business Days’ ' prior notice to the Administrative Agent. Prepayments shall be applied to scheduled amortization of the Loans as directed by the Borrower.
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