Common use of Optional Repayments of Loans Clause in Contracts

Optional Repayments of Loans. The Borrowers shall have the right, at their election, to repay the outstanding amount of the Loans, as a whole or in part, at any time without penalty or premium, provided that any full or partial prepayment of the outstanding amount of any LIBOR Rate Loans pursuant to this ss.3.3 may be made only on the last day of the Interest Period relating thereto. The Borrowers shall give the Administrative Agent, no later than 2:00 p.m., Boston time, on the date of the proposed prepayment prior telephonic notice (with such notice to be confirmed in writing by the Borrowers) of any proposed prepayment pursuant to this ss.3.3 of Base Rate Loans, and not less than three (3) and not more than five (5) LIBOR Business Days' notice of any proposed prepayment pursuant to this ss.3.3 of LIBOR Rate Loans, in each case specifying the proposed date of prepayment of Loans and the principal amount to be prepaid. Each such partial prepayment of the Loans shall be in a minimum amount of $1,000,000 or a larger integral multiple of $100,000, 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 LIBOR Rate Loans. Each partial prepayment shall be allocated among the Lenders, in proportion, as nearly as practicable, to the respective unpaid principal amount of each Lender's Note, with adjustments to the extent practicable to equalize any prior repayments not exactly in proportion.

Optional Repayments of Loans. The Borrowers Borrower shall have the right, at their its election, to repay the outstanding amount of the Loans, as a whole or in part, at any time without penalty or premium, provided that that, subject to compliance with §5.10, any full or partial prepayment of the outstanding amount of any LIBOR Rate Loans pursuant to this ss.3.3 §3.3 may be made only on a day other than the last day of the Interest Period relating thereto. The Borrowers Borrower shall give the Administrative Agent, no later than 2:00 p.m.10:00 a.m., Boston time, on the date of the proposed prepayment at least one (1) Business Day prior telephonic notice (with such notice to be confirmed in writing by the Borrowers) of any proposed prepayment pursuant to this ss.3.3 of Base Rate Loans, and not less than three (3) and not more than five (5) LIBOR Business Days' written notice of any proposed prepayment pursuant to this ss.3.3 §3.3 of Base Rate Loans, and three (3) LIBOR Business Days notice of any proposed prepayment pursuant to this §3.3 of LIBOR Rate Loans, in each case specifying the proposed date of prepayment of Loans and the principal amount to be prepaid. Each such partial prepayment of the Loans shall be in a minimum amount of $1,000,000 or a larger an integral multiple of $100,0001,000,000, 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 BorrowersBorrower, first to the principal of Base Rate Loans and then to the principal of LIBOR Rate Loans. Each partial prepayment shall be allocated among the Lenders, in proportion, as nearly as practicable, to the respective unpaid principal amount of each Lender's ’s Note, with adjustments to the extent practicable to equalize any prior repayments not exactly in proportion.

Optional Repayments of Loans. The Borrowers Borrower shall have the right, at their its election, to repay the outstanding amount of the Loans, as a whole or in part, at any time without penalty or premium, provided that any full or partial prepayment of the outstanding amount of any LIBOR Rate Loans pursuant to this ss.3.3 may be §3.3 that is not made only on the last day of the Interest Period relating theretothereto shall be accompanied by any amounts due under §4.9 hereof. The Borrowers Borrower shall give the Administrative AgentAgent notice, no later than 2:00 p.m.11:00 a.m., Boston time, on the date of the proposed prepayment prior telephonic notice (with such notice to be confirmed in writing by the Borrowers) of any proposed prepayment pursuant to this ss.3.3 §3.3 of Base Rate Loans, and not less than at least three (3) and not more than five (5) LIBOR Business Days' Days notice of any proposed prepayment pursuant to this ss.3.3 §3.3 of LIBOR Rate Loans, in each case specifying the proposed date of prepayment of Loans and the principal amount to be prepaid. Each such partial prepayment of the Loans shall be in a minimum amount of $1,000,000 or a larger an integral multiple of $100,000, 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 BorrowersBorrower, first to the principal of Base Rate Loans and then to the principal of LIBOR Rate Loans. Each partial prepayment shall be allocated among the Lenders, in proportion, as nearly as practicable, to the respective unpaid principal amount of each Lender's ’s Note, with adjustments to the extent practicable to equalize any prior repayments not exactly in proportion.

Optional Repayments of Loans. The Borrowers Borrower shall have the right, at their its election, to repay the outstanding amount of the Loans, as a whole or in part, at any time without penalty or premium, provided that that, subject to compliance with (S)5.10, any full or partial prepayment of the outstanding amount of any LIBOR Rate Loans pursuant to this ss.3.3 (S)3.3 may be made only on a day other than the last day of the Interest Period relating thereto. The Borrowers Borrower shall give the Administrative Agent, no later than 2:00 p.m.10:00 a.m., Boston time, on the date of the proposed prepayment at least one (1) Business Day prior telephonic notice (with such notice to be confirmed in writing by the Borrowers) of any proposed prepayment pursuant to this ss.3.3 of Base Rate Loans, and not less than three (3) and not more than five (5) LIBOR Business Days' written notice of any proposed prepayment pursuant to this ss.3.3 (S)3.3 of Base Rate Loans, and three (3) LIBOR Business Days notice of any proposed prepayment pursuant to this (S)3.3 of LIBOR Rate Loans, in each case specifying the proposed date of prepayment of Loans and the principal amount to be prepaid. Each such partial prepayment of the Loans shall be in a minimum amount of $1,000,000 or a larger an integral multiple of $100,0001,000,000, 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 BorrowersBorrower, first to the principal of Base Rate Loans and then to the principal of LIBOR Rate Loans. Each partial prepayment shall be allocated among the Lenders, in proportion, as nearly as practicable, to the respective unpaid principal amount of each Lender's Note, with adjustments to the extent practicable to equalize any prior repayments not exactly in proportion.