Optional Repayments. The Borrower may at any time and from time to time repay the Revolving Credit Loans, in whole or in part, upon at least three (3) Business Days' irrevocable notice to the Administrative Agent with respect to LIBOR Rate Loans and one (1) Business Day's irrevocable notice with respect to Base Rate Loans, in the form attached hereto as Exhibit D (a "Notice of Prepayment") specifying the date and amount of repayment and whether the repayment is of LIBOR Rate Loans, Base Rate Loans, or a combination thereof, and, if of a combination thereof, the amount allocable to each. Upon receipt of such notice, the Administrative Agent shall promptly notify each Lender. If any such notice is given, the amount specified in such notice shall be due and payable on the date set forth in such notice. Partial repayments shall be in an aggregate amount of $1,000,000 or a whole multiple of $250,000 in excess thereof with respect to Base Rate Loans and $5,000,000 or a whole multiple of $1,000,000 in excess thereof with respect to LIBOR Rate Loans.
Appears in 7 contracts
Samples: Five Year Credit Agreement (Jones Apparel Group Inc), Five Year Credit Agreement (Jones Apparel Group Inc), Five Year Credit Agreement (Jones Apparel Group Inc)
Optional Repayments. The Borrower may at any time and from time to time repay the Revolving Credit Loans, in whole or in part, upon at least three (3) Business Days' irrevocable notice to the Administrative Agent with respect to LIBOR Rate Loans and one (1) Business Day's Day irrevocable notice with respect to Base Rate Loans, in the form attached hereto as Exhibit D (a "Notice of Prepayment") specifying the date and amount of repayment and whether the repayment is of LIBOR Rate Loans, Base Rate Loans, or a combination thereof, and, if of a combination thereof, the amount allocable to each. Upon receipt of such notice, the Administrative Agent shall promptly notify each Lender. If any such notice is given, the amount specified in such notice shall be due and payable on the date set forth in such notice. Partial repayments shall be in an aggregate amount of $1,000,000 or a whole multiple of $250,000 in excess thereof with respect to Base Rate Loans and $5,000,000 or a whole multiple of $1,000,000 in excess thereof with respect to LIBOR Rate Loans.
Appears in 5 contracts
Samples: 364 Day Credit Agreement (Jones Apparel Group Inc), 364 Day Credit Agreement (Jones Apparel Group Inc), 364 Day Credit Agreement (Jones Apparel Group Inc)
Optional Repayments. The Borrower may at any time and from time to time repay the Revolving Credit Loans, in whole or in part, upon at least three (3) Business Days' ’ irrevocable notice to the Administrative Agent with respect to LIBOR Rate Loans and one (1) Business Day's ’s irrevocable notice with respect to Base Rate Loans, in the form attached hereto as Exhibit D (a "“Notice of Prepayment"”) specifying the date and amount of repayment and whether the repayment is of LIBOR Rate Loans, Base Rate Loans, or a combination thereof, and, if of a combination thereof, the amount allocable to each. Upon receipt of such notice, the Administrative Agent shall promptly notify each Lender. If any such notice is given, the amount specified in such notice shall be due and payable on the date set forth in such notice. Partial repayments shall be in an aggregate amount of $1,000,000 or a whole multiple of $250,000 in excess thereof with respect to Base Rate Loans and $5,000,000 or a whole multiple of $1,000,000 in excess thereof with respect to LIBOR Rate Loans.
Appears in 4 contracts
Samples: Five Year Credit Agreement (Jones Apparel Group Inc), Five Year Credit Agreement (Jones Apparel Group Inc), Five Year Credit Agreement (Jones Apparel Group Inc)
Optional Repayments. The Borrower Borrowers may at any time and from time to time repay the Revolving Credit Loans, in whole or in part, upon at least three (3) Business Days' irrevocable notice to the Administrative Agent with respect to LIBOR Rate Loans and one (1) Business Day's Day irrevocable notice with respect to Base Rate Loans, in the form attached hereto as Exhibit D C (a "Notice of Prepayment") specifying the date and amount of repayment and whether the repayment is of LIBOR Rate Loans, Base Rate Loans, or a combination thereof, and, if of a combination thereof, the amount allocable to each. Upon receipt of such notice, the Administrative Agent shall promptly notify each Lender. If any such notice is given, the amount specified in such notice shall be due and payable on the date set forth in such notice. Partial repayments shall be in an aggregate amount of $1,000,000 500,000 or a whole multiple of $250,000 100,000 in excess thereof with respect to Base Rate Loans and $5,000,000 1,000,000 or a whole multiple of $1,000,000 500,000 in excess thereof with respect to LIBOR Rate Loans. Each such repayment shall be accompanied by any amount required to be paid pursuant to Section 3.9 hereof.
Appears in 2 contracts
Samples: Credit Agreement (Rare Hospitality International Inc), Credit Agreement (Rare Hospitality International Inc)
Optional Repayments. The Borrower may at any time and from time to time repay the Revolving Credit and/or Swingline Loans, in whole or in part, upon at least three (3) Business Days' irrevocable notice to the Administrative Agent with respect to LIBOR Rate Loans and one (1) Business Day's Day irrevocable notice with respect to Base Rate Loans and Swingline Loans, in the form attached hereto as Exhibit D (a "Notice of Prepayment") specifying the date and amount of repayment and whether the repayment is of LIBOR Rate Loans, Base Rate Loans, Swingline Loans or a combination thereof, and, if of a combination thereof, the amount allocable to each. Upon receipt of such notice, the Administrative Agent shall promptly notify each Lender. If any such notice is given, the amount specified in such notice shall be due and payable on the date set forth in such notice. Partial repayments shall be in an aggregate amount of $1,000,000 or a whole multiple of $250,000 50,000 in excess thereof with respect to Base Rate Loans and Loans, $5,000,000 4,000,000 or a whole multiple of $1,000,000 100,000 in excess thereof with respect to LIBOR Rate Loans and $50,000 or a whole multiple of $50,000 in excess thereof with respect to Swingline Loans.
Appears in 2 contracts
Samples: Credit Agreement (Veridian Corp), Credit Agreement (Veridian Corp)
Optional Repayments. The Borrower Borrowers may at any time and from time to time repay the Revolving Credit Loans, in whole or in part, upon at least three (3) Business Days' irrevocable notice to the Administrative Agent with respect to LIBOR Rate Loans and one (1) Business Day's Day irrevocable notice with respect to Base Rate Loans, in the form attached hereto as Exhibit D C (a "Notice of Prepayment") specifying the date and amount of repayment and whether the repayment is of LIBOR Rate Loans, Base Rate Loans, or a combination thereof, and, if of a combination thereof, the amount allocable to each. Upon receipt of such notice, the Administrative Agent shall promptly notify each Lender. If any such notice is given, the amount specified in such notice shall be due and payable on the date set forth in such notice. Partial repayments shall be in an aggregate amount of $1,000,000 or a whole multiple of $250,000 100,000 in excess thereof with respect to Base Rate Loans and $5,000,000 1,000,000 or a whole multiple of $1,000,000 100,000 in excess thereof with respect to LIBOR Rate Loans. Each such repayment shall be accompanied by any amount required to be paid pursuant to Section 4.9 hereof.
Appears in 2 contracts
Samples: Credit Agreement (Cornerstone Realty Income Trust Inc), Credit Agreement (Cornerstone Realty Income Trust Inc)
Optional Repayments. The Borrower Borrowers may at any time and from time to time repay the Revolving Credit Loans, in whole or in part, upon at least three (3) Business Days' Days irrevocable notice to the Administrative Agent with respect to LIBOR Rate Loans and one (1) Business Day's Day irrevocable notice with respect to Base Rate Loans, in the form attached hereto as Exhibit D (a "“Notice of Prepayment"”) specifying the date and amount of repayment and whether the repayment is of LIBOR Rate Loans, Loans or Base Rate Loans, or a combination thereof, and, if of a combination thereof, the amount allocable to each. Upon receipt of such notice, the Administrative Agent shall promptly notify each Lender. If any such notice is given, the amount specified in such notice shall be due and payable on the date set forth in such notice. Partial repayments shall be in an aggregate amount of $1,000,000 or a whole multiple of $250,000 100,000 in excess thereof with respect thereof. Each such repayment shall be accompanied by any amount required to Base Rate Loans and $5,000,000 or a whole multiple of $1,000,000 in excess thereof with respect be paid pursuant to LIBOR Rate LoansSection 4.9 hereof.
Appears in 2 contracts
Samples: Credit and Security Agreement (Seacastle Inc.), Credit and Security Agreement (Interpool Inc)
Optional Repayments. The Borrower may at any time and from time to time repay the Revolving Credit Loans, in whole or in part, upon at least three (3) Business Days' irrevocable notice to the Administrative Agent with respect to LIBOR Rate Loans and one (1) Business Day's Day irrevocable notice with respect to Base Rate Loans, in the form attached hereto as Exhibit D (a "Notice of Prepayment") specifying the date and amount of repayment and whether the repayment is of LIBOR Rate Loans, Base Rate Loans, Loans or a combination thereof, and, if of a combination thereof, the amount allocable to each. Upon receipt of such notice, the Administrative Agent shall promptly notify each Lender. If any such notice is given, the amount specified in such notice shall be due and payable on the date set forth in such notice. Partial repayments shall be in an aggregate amount of $1,000,000 or a whole multiple of $250,000 500,000 in excess thereof with respect to Base Rate Loans and $5,000,000 or a whole multiple of $1,000,000 in excess thereof with respect to LIBOR Rate Loans. Each such repayment shall be accompanied by any amount required to be paid pursuant to Section 3.9.
Appears in 1 contract
Optional Repayments. The Borrower may at any time and from time to time repay the Revolving Credit Loans, in whole or in part, upon at least three (3) Business Days' irrevocable notice to the Administrative Agent with respect to LIBOR Rate Loans and one (1) Business Day's Day irrevocable notice with respect to Base Rate Loans, Loans in the form attached hereto as Exhibit D (a "Notice of Prepayment") specifying the date and amount of repayment and whether the repayment is of LIBOR Rate Loans, Loans or Base Rate Loans, Loans or a combination thereof, and, if of a combination thereof, the amount allocable to each. Upon receipt of such notice, the Administrative Agent shall promptly notify each Lender. If any such notice is given, the amount specified in such notice shall be due and payable on the date set forth in such notice. Partial repayments shall be in an aggregate amount of $1,000,000 or a whole multiple of $250,000 500,000 in excess thereof with respect to Base Rate Loans and $5,000,000 3,000,000 or a whole multiple of $1,000,000 in excess thereof with respect to LIBOR Rate Loans. Each such repayment shall be accompanied by any amount required to be paid pursuant to Section 4.9 hereof.
Appears in 1 contract
Optional Repayments. The Borrower may at any time and from time to time repay the Revolving Credit Loans, in whole or in part, upon at least three (3) Business Days' ’ irrevocable notice to the Administrative Agent with respect to LIBOR Rate Loans and one (1) Business Day's Day irrevocable notice with respect to Base Rate Loans, in the form attached hereto as Exhibit D C (a "“Notice of Prepayment"”) specifying the date and amount of repayment and whether the repayment is of LIBOR Rate Loans, Base Rate Loans, or a combination thereof, and, if of a combination thereof, the amount allocable to each. Upon receipt of such notice, the Administrative Agent shall promptly notify each Revolving Credit Lender. If any such notice is given, the amount specified in such notice shall be due and payable on the date set forth in such notice. Partial repayments shall be in an aggregate amount of $1,000,000 250,000 or a whole multiple of $250,000 100,000 in excess thereof with respect to Base Rate Loans and $5,000,000 1,000,000 or a whole multiple of $1,000,000 500,000 in excess thereof with respect to LIBOR Rate Loans. Each such repayment shall be accompanied by any amount required to be paid pursuant to Section 6.9 hereof.
Appears in 1 contract
Samples: Credit Agreement (Hickory Tech Corp)
Optional Repayments. The Borrower may at any time and from time to time repay the Revolving Credit Loans, in whole or in part, upon at least three (3) Business Days' irrevocable notice to the Administrative Agent with respect to LIBOR Rate Loans and one (1) Business Day's contemporaneous irrevocable notice with respect to Base Rate Loans, in the form attached hereto as Exhibit D (a "Notice of Prepayment") specifying the date and amount of repayment and whether the repayment is of LIBOR Rate Loans, Base Rate Loans, or a combination thereof, and, if of a combination thereof, the amount allocable to eacheach and the amount of the repayment allocable to each LIBOR Rate Loan being repaid. Upon receipt of such notice, which shall be in the Administrative form attached hereto as Exhibit G, the Agent shall promptly notify each Lender. If any such notice is given, the amount specified in such notice shall be due and payable on the date set forth in such notice. Partial repayments shall be in an aggregate amount of $1,000,000 or a whole multiple of $250,000 in excess thereof with respect to Base Rate Loans Loans, and $5,000,000 3,000,000 or a whole multiple of $1,000,000 in excess thereof with respect to any LIBOR Rate LoansLoan.
Appears in 1 contract
Samples: Credit Agreement (WLR Foods Inc)
Optional Repayments. The Borrower may at any time and from time to time repay the Revolving Credit LIBOR Rate Loans or Base Rate Loans, in whole or in part, upon at least three (3) Business Days' irrevocable notice to the Administrative Agent with respect to LIBOR Rate Loans and one (1) Business Day's Day irrevocable notice with respect to Base Rate Loans, in the form attached hereto as Exhibit D (a "Notice of Prepayment") specifying the date and amount of repayment and whether the repayment is of LIBOR Rate Loans, Loans or Base Rate Loans, Loans or a combination thereof, and, if of a combination thereof, the amount allocable to each. Upon receipt of such notice, the Administrative Agent shall promptly notify each Lender. If any such notice is given, the amount specified in such notice shall be due and payable on the date set forth in such notice. Partial repayments shall be in an aggregate amount of the entire principal balance outstanding or $1,000,000 500,000 or a whole multiple of $250,000 100,000 in excess thereof with respect to Base Rate Loans and $5,000,000 1,000,000 or a whole multiple of $1,000,000 500,000 in excess thereof with respect to LIBOR Rate Loans. The Borrower may at any time and from time to time repay the Swingline Loans, in whole or in part, without notice.
Appears in 1 contract
Optional Repayments. The Borrower may at any time and from time to ------------------- time repay the Revolving Credit Loans, in whole or in part, upon at least three (3) Business Days' irrevocable notice to the Administrative Agent with respect to LIBOR Rate Loans and one (1) Business Day's Day irrevocable notice with respect to Base Rate Loans, in the form attached hereto as Exhibit D C (a "Notice of PrepaymentPayment") --------- specifying the date and amount of repayment and whether the repayment is of LIBOR Rate Loans, Base Rate Loans, or a combination thereof, and, if of a combination thereof, the amount allocable to each. Upon receipt of such notice, the Administrative Agent shall promptly notify each Lender. If any such notice is given, the amount specified in such notice shall be due and payable on the date set forth in such notice. Partial repayments shall be in an aggregate amount of $1,000,000 2,000,000 or a whole multiple of $250,000 500,000 in excess thereof with respect to Base Rate Loans Loans, and $5,000,000 2,000,000 or a whole multiple of $1,000,000 500,000 in excess thereof with respect to LIBOR Rate Loans.
Appears in 1 contract
Samples: Credit Agreement (Commonwealth Telephone Enterprises Inc /New/)
Optional Repayments. The Borrower Borrowers may at any time and from time to time repay the Revolving Credit Loans, in whole or in part, upon at least three (3) Business Days' irrevocable notice to the Administrative Agent with respect to LIBOR Rate Loans and one (1) Business Day's Day irrevocable notice with respect to Base Rate Loans, in the form attached hereto as Exhibit D (a "Notice of Prepayment") specifying the date and amount of repayment and whether the repayment is of LIBOR Rate Loans, Base Rate Loans, Loans or a combination thereof, and, if of a combination thereof, the amount allocable to each. Upon receipt of such notice, the Administrative Agent shall promptly notify each Lender. If any such notice is given, the amount specified in such notice shall be due and payable on the date set forth in such notice. Partial repayments (other than with respect to the final repayment of Revolving Credit Loans) shall be in an aggregate amount of $1,000,000 500,000 or a whole multiple of $250,000 in excess thereof with respect to Base Rate Loans and $5,000,000 500,000 or a whole multiple of $1,000,000 250,000 in excess thereof with respect to LIBOR Rate Loans.
Appears in 1 contract
Optional Repayments. The Borrower may at any time and from time to time repay the Revolving Credit Loans, in whole or in part, upon at least three (3) Business Days' ’ irrevocable notice to the Administrative Agent with respect to LIBOR Rate Loans and one (1) Business Day's Day irrevocable notice with respect to Base Rate Loans, in the form attached hereto as Exhibit D C (a "“Notice of Prepayment"”) specifying the date and amount of repayment and whether the repayment is of LIBOR Rate Loans, Base Rate Loans, or a combination thereof, and, if of a combination thereof, the amount allocable to each. Upon receipt of such notice, the Administrative Agent shall promptly notify each Revolving Credit Lender. If any such notice is given, the amount specified in such notice shall be due and payable on the date set forth in such notice. Partial repayments shall be in an aggregate amount of $1,000,000 250,000 or a whole multiple of $250,000 100,000 in excess thereof with respect to Base Rate Loans and $5,000,000 500,000 or a whole multiple of $1,000,000 500,000 in excess thereof with respect to LIBOR Rate Loans. Each such repayment shall be accompanied by any amount required to be paid pursuant to Section 5.10 hereof.
Appears in 1 contract
Samples: Credit Agreement (Hickory Tech Corp)
Optional Repayments. The Borrower Borrowers may at any time and from time to time repay the Revolving Credit Loans, in whole or in part, upon at least three (3) Business Days' irrevocable notice to the Administrative Agent with respect to LIBOR Rate Loans and one (1) Business Day's Day irrevocable notice with respect to Base Rate Loans, Loans in the form attached hereto as Exhibit D (a "Notice of Prepayment") specifying the date and amount of repayment and whether the repayment is of LIBOR Rate Loans, Base Rate Loans, Loans or a combination thereof, and, if of a combination thereof, the amount allocable to each. Upon receipt of such notice, the Administrative Agent shall promptly notify each Lender. If any such notice is given, the amount specified in such notice shall be due and payable on the date set forth in such notice. Partial repayments shall be in an aggregate amount of $1,000,000 or a whole multiple of $250,000 in excess thereof with respect to Base Rate Loans and $5,000,000 2,000,000 or a whole multiple of $1,000,000 500,000 in excess thereof with respect to LIBOR Rate Loans. Each such repayment shall be accompanied by any amount required to be paid pursuant to Section 4.9 hereof.
Appears in 1 contract
Optional Repayments. The Borrower Borrowers may at any time and from time to ------------------- time repay the Revolving Credit Loans, in whole or in part, upon at least three (3) Business Days' irrevocable notice to the Administrative Agent with respect to LIBOR Rate Loans and one (1) Business Day's Day irrevocable notice with respect to Base Rate Loans and Swingline Loans, in the form attached hereto as Exhibit D (a "Notice --------- of Prepayment") specifying the date and amount of repayment and whether the repayment is of LIBOR Rate Loans, Base Rate Loans, Swingline Loans or a combination thereof, and, if of a combination thereof, the amount allocable to each. Upon receipt of such notice, the Administrative Agent shall promptly notify each Lender. If any such notice is given, the amount specified in such notice shall be due and payable on the date set forth in such notice. Partial repayments shall be in an aggregate amount of $1,000,000 500,000 or a whole multiple of $250,000 in excess thereof with respect to Base Rate Loans and Loans, $5,000,000 2,000,000 or a whole multiple of $1,000,000 500,000 in excess thereof with respect to LIBOR Rate Loans and $100,000 or any amount in excess thereof with respect to Swingline Loans.
Appears in 1 contract
Optional Repayments. The Borrower may at any time and from time to time repay the Revolving Credit Loans, in whole or in part, upon at least three (3) Business Days' irrevocable notice to the Administrative Agent with respect to LIBOR Rate Loans and one (1) Business Day's Day irrevocable notice with respect to Base Rate Loans, in the form attached hereto as Exhibit D EXHIBIT C (a "Notice of Prepayment") specifying the date and amount of repayment and whether the repayment is of LIBOR Rate Loans, Base Rate Loans, or a combination thereof, and, if of a combination thereof, the amount allocable to each. Upon receipt of such notice, the Administrative Agent shall promptly notify each Lender. If any such notice is given, the amount specified in such notice shall be due and payable on the date set forth in such notice. Partial repayments shall be in an aggregate amount of $1,000,000 250,000 or a whole multiple of $250,000 100,000 in excess thereof with respect to Base Rate Loans and $5,000,000 500,000 or a whole multiple of $1,000,000 500,000 in excess thereof with respect to LIBOR Rate Loans. Each such repayment shall be accompanied by any amount required to be paid pursuant to Section 4.9 hereof.
Appears in 1 contract
Samples: Credit Agreement (Hickory Tech Corp)
Optional Repayments. The Borrower may at any time and from time to time repay the Revolving Credit Loans, in whole or in part, upon at least three (3) Business Days' irrevocable notice to the Administrative Agent with respect to LIBOR Rate Loans and one (1) Business Day's irrevocable notice with respect to Base Rate Loans, in the form attached hereto as Exhibit D C (a "Notice of Prepayment") specifying the date and amount of repayment and whether the repayment is of LIBOR Rate Loans, Base Rate Loans, or a combination thereof, and, if of a combination thereof, the amount allocable to each. Upon receipt of such notice, the Administrative Agent shall promptly notify each Lender. If any such notice is given, the amount specified in such notice shall be due and payable on the date set forth in such notice. Partial repayments shall be in an aggregate amount of $1,000,000 or a whole multiple of $250,000 100,000 in excess thereof with respect thereof. Each such repayment shall be accompanied by any amount required to Base Rate Loans and $5,000,000 or a whole multiple of $1,000,000 in excess thereof with respect be paid pursuant to LIBOR Rate LoansSection 4.9 hereof.
Appears in 1 contract
Optional Repayments. The Borrower may at any time and from time to time repay the Revolving Credit Loans, in whole or in part, upon at least three two (32) Business Days' ’ irrevocable notice to the Administrative Agent Lender with respect to LIBOR Rate Loans and one (1) Business Day's Day irrevocable notice with respect to Base Rate LIBOR Market Index Loans, in the form attached hereto as Exhibit D (a "Notice of Prepayment") specifying the date and amount of repayment and whether the repayment is of LIBOR Rate Loans, Base Rate LIBOR Market Index Loans, or a combination thereof, and, if of a combination thereof, the amount allocable to each. Upon receipt of such notice, the Administrative Agent shall promptly notify each Lender. If any such notice is given, the amount specified in such notice shall be due and payable on the date set forth in such notice. Partial repayments shall be in an aggregate amount of $100,000 or a whole multiple of $1,000 in excess thereof with respect to LIBOR Market Index Loans and $1,000,000 or a whole multiple of $250,000 in excess thereof with respect to Base Rate Loans and $5,000,000 or a whole multiple of $1,000,000 100,000 in excess thereof with respect to LIBOR Rate Loans. Each such repayment shall be accompanied by any amount required to be paid pursuant to Section 4.07 hereof.
Appears in 1 contract
Optional Repayments. The Subject to Section 2.4(d), the Borrower may at any time and from time to time repay the Revolving Credit Loans, in whole or in part, upon at least three (3) Business Days' irrevocable notice to the Administrative Agent with respect to LIBOR Rate Loans and one (1) Competitive Bid Loans and same Business Day's irrevocable Day notice with respect to Base Rate Loans, Loans in the form attached hereto as Exhibit D B-3 (a "Notice of Prepayment") ), specifying the date and amount of repayment and whether the repayment is of LIBOR Rate Loans, Competitive Bid Loans, Base Rate Loans, or a combination thereof, and, if of a combination thereof, the amount allocable to each. Upon receipt of such notice, the Administrative Agent shall promptly notify each Lender. If any such notice is given, the amount specified in such notice shall be due and payable on the date set forth in such notice. Partial repayments shall be in an aggregate amount of $1,000,000 10,000,000 or a whole multiple of $250,000 5,000,000 in excess thereof with respect to Base LIBOR Rate Loans and Loans, $5,000,000 or a whole multiple of $1,000,000 in excess thereof with respect to LIBOR Competitive Bid Loans, and $1,000,000 or a whole multiple of $1,000,000 in excess thereof with respect to Base Rate Loans.
Appears in 1 contract
Samples: 364 Day Credit Agreement (Lci International Inc /Va/)
Optional Repayments. The Borrower Borrowers may at any time and from time to time repay the Revolving Credit Loans, in whole or in part, upon at least three (3) Business Days' irrevocable notice to the Administrative Agent with respect to LIBOR Rate Loans and one (1) Business Day's Day irrevocable notice with respect to Base Rate Loans, in the form attached hereto as Exhibit D (a "Notice of PrepaymentPayment") specifying the date and amount of repayment and whether the repayment is of LIBOR Rate Loans, Base Rate Loans, or a combination thereof, and, if of a combination thereof, the amount allocable to each. Upon receipt of such notice, the Administrative Agent shall promptly notify each Lender. If any such notice is given, the amount specified in such notice shall be due and payable on the date set forth in such notice. Partial repayments shall be in an aggregate amount of $1,000,000 2,000,000 or a whole multiple of $250,000 500,000 in excess thereof with respect to Base Rate Loans Loans, and $5,000,000 2,000,000 or a whole multiple of $1,000,000 500,000 in excess thereof with respect to LIBOR Rate Loans. All optional prepayments under this Section shall first be applied to the outstanding principal balance of the Revolving Credit Loans, then, to the extent of any excess, to the Term Loans in accordance with Section 3.5.
Appears in 1 contract
Samples: Credit Agreement (RCN Corp /De/)
Optional Repayments. The Borrower may at any time and from time to time repay the Revolving Credit Loans, in whole or in partpart without premium (but subject to Section 3.9), upon at least three (3) Business Days' irrevocable notice to the Administrative Agent with respect to LIBOR Rate Loans and one (1) Business Day's Day irrevocable notice with respect to Base Rate Loans, in the form attached hereto as Exhibit D (a "Notice of Prepayment") specifying the date and amount of repayment and whether the repayment is of LIBOR Rate Loans, Base Rate Loans, or a combination thereof, and, if of a combination thereof, the amount allocable to each. Upon receipt of such notice, the Administrative Agent shall promptly notify each Lender. If any such notice is given, the amount specified in such notice shall be due and payable on the date set forth in such notice. Partial repayments shall be in an aggregate amount of $1,000,000 2,500,000 or a whole multiple of $250,000 500,000 in excess thereof with respect to Base Rate Loans and $5,000,000 or a whole multiple of $1,000,000 in excess thereof with respect to LIBOR Rate Loans.
Appears in 1 contract
Optional Repayments. The Borrower Borrowers may at any time and from time to time repay the Revolving Credit Loans, in whole or in part, upon at least three (3) Business Days' irrevocable notice to the Administrative Agent with respect to LIBOR Rate Loans and one (1) Business Day's Day irrevocable notice with respect to Base Rate Loans, substantially in the form attached hereto as Exhibit D C (a "Notice of Prepayment") ), specifying the date and amount of repayment and whether the repayment is of LIBOR Rate Loans, Base Rate Loans, or a combination thereof, and, if of a combination thereof, the amount allocable to each. Upon receipt of such notice, the Administrative Agent shall promptly notify each Lender. If any such notice is given, the amount specified in such notice shall be due and payable on the date set forth in such notice. Partial repayments shall be in an aggregate amount of $1,000,000 or a whole multiple of $250,000 500,000 in excess thereof with respect to Base Rate Loans and $5,000,000 1,000,000 or a whole multiple of $1,000,000 in excess thereof with respect to LIBOR Rate Loans. Each such repayment shall be accompanied by any amount required to be paid pursuant to Section 4.9.
Appears in 1 contract
Samples: Credit Agreement (Knology Inc)
Optional Repayments. The Borrower Borrowers may at any time and from time to time repay the Revolving Credit Loans, in whole or in part, upon at least three (3) Business Days' irrevocable notice to the Administrative Agent with respect to LIBOR Rate Loans and one (1) Business Day's Day irrevocable notice with respect to Base Rate Loans, in the form attached hereto as Exhibit D C (a "Notice of Prepayment") ), specifying the date and amount of repayment and whether the repayment is of LIBOR Rate Loans, Base Rate Loans, or a combination thereof, and, if of a combination thereof, the amount allocable to each. Upon receipt of such notice, the Administrative Agent shall promptly notify each Lender. If any such notice is given, the amount specified in such notice shall be due and payable on the date set forth in such notice. Partial repayments shall be in an aggregate amount of $1,000,000 or a whole multiple of $250,000 500,000 in excess thereof with respect to Base Rate Loans and $5,000,000 1,000,000 or a whole multiple of $1,000,000 in excess thereof with respect to LIBOR Rate Loans. Each such repayment shall be accompanied by any amount required to be paid pursuant to Section 4.9.
Appears in 1 contract
Optional Repayments. The Borrower Borrowers may at any time and from time to time repay the Revolving Credit Loans, in whole or in part, upon at least three (3) Business Days' irrevocable notice to the Administrative Agent with respect to LIBOR Rate Loans and one (1) Business Day's Day irrevocable notice with respect to Base Rate Loans, in the form attached hereto as Exhibit EXHIBIT D (a "Notice of PrepaymentNOTICE OF PREPAYMENT") specifying the date and amount of repayment and whether the repayment is of LIBOR Rate Loans, Base Rate Loans, or a combination thereof, and, if of a combination thereof, the amount allocable to each, PROVIDED that, all funds received in respect of such optional repayments shall be applied in accordance with Section 4.5(c)(vi). Upon receipt of such notice, the Administrative Agent shall promptly notify each applicable Lender. If any such notice is given, the amount specified in such notice shall be due and payable on the date set forth in such notice. Partial repayments shall be in an aggregate amount of $1,000,000 500,000 or a whole multiple of $250,000 in excess thereof with respect to Base Rate Loans and or $5,000,000 2,000,000 or a whole multiple of $1,000,000 500,000 in excess thereof with respect to LIBOR Rate Loans.
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Optional Repayments. The Borrower may at any time and from time to time repay the Revolving Credit Loans, in whole or in part, upon at least three (3) Business Days' Days irrevocable notice to the Administrative Agent with respect to LIBOR Rate Loans and one (1) Business Day's Day irrevocable notice with respect to Base Rate Loans, in the form of Notice of Payment attached hereto as Exhibit D (a "Notice of Prepayment") D, specifying the date and amount of repayment and whether the repayment is of LIBOR Rate Loans, Base Rate Loans, or a combination thereof, and, if of a combination thereof, the amount allocable to each. Upon receipt of such notice, the Administrative Agent shall promptly notify each Lender. If any such notice is given, the amount specified in such notice shall be due and payable on the date set forth in such notice. Partial repayments shall be in an aggregate amount of $1,000,000 500,000 or a whole multiple of $250,000 100,000 in excess thereof with respect to Base Rate Loans Loans, and $5,000,000 500,000 or a whole multiple of $1,000,000 100,000 in excess thereof with respect to LIBOR Rate Loans. Each such repayment shall be accompanied by any amount required to be paid pursuant to Section 5.10 hereof.
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Samples: Credit Agreement (Kinder Morgan Bulk Terminals Inc)
Optional Repayments. The Borrower Borrowers may at any time and from time to time repay the Revolving Credit Loans, in whole or in part, upon at least three (3) Business Days' irrevocable notice to the Administrative Agent with respect to LIBOR Rate Loans and one (1) Business Day's Day irrevocable notice with respect to Base Rate Loans, substantially in the form attached hereto as Exhibit D (a "Notice of PrepaymentRepayment") specifying the date and amount of repayment and whether the repayment is of LIBOR Rate Loans, Base Rate Loans, Loans or a combination thereof, and, if of a combination thereof, the amount allocable to each. Upon receipt of such notice, the Administrative Agent shall promptly notify each Lender. If any such notice is given, the amount specified in such notice shall be due and payable on the date set forth in such notice. Partial repayments shall be in an aggregate amount of $1,000,000 3,000,000 or a whole multiple of $250,000 1,000,000 in excess thereof with respect to Base Rate Loans Loans, and $5,000,000 or a whole multiple of $1,000,000 in excess thereof with respect to LIBOR Rate Loans. Each such repayment shall be accompanied by any amount required to be paid pursuant to Section 4.9 hereof.
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Samples: Bridge Credit Agreement (Belk Inc)
Optional Repayments. The Borrower Borrowers may at any time and from time to time repay the Revolving Credit Loans, in whole or in part, upon at least three (3) Business Days' irrevocable notice to the Administrative Agent with respect to LIBOR Rate Loans and one (1) Business Day's Day irrevocable notice with respect to Base Rate Loans, in the form attached hereto as Exhibit D C (a "Notice of Prepayment") specifying the date and amount of repayment and whether the repayment is of LIBOR Rate Loans, Base Rate Loans, or a combination thereof, and, if of a combination thereof, the amount allocable to each. Upon receipt of such notice, the Administrative Agent shall promptly notify each Lender. If any such notice is given, the amount specified in such notice shall be due and payable on the date set forth in such notice. Partial repayments shall be in an aggregate amount of $1,000,000 or a whole multiple of $250,000 100,000 in excess thereof with respect to Base Rate Loans and $5,000,000 1,000,000 or a whole multiple of $1,000,000 100,000 in excess thereof with respect to LIBOR Rate Loans. Each such repayment shall be accompanied by any amount required to be paid pursuant to Section 4.9 hereof.
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Samples: Credit Agreement (Cornerstone Realty Income Trust Inc)
Optional Repayments. The Borrower may at any time and from time to ------------------- time repay the Revolving Credit Loans, in whole or in part, upon at least three (3) Business Days' irrevocable notice to the Administrative Agent with respect to LIBOR Rate Loans and one (1) Business Day's Day irrevocable notice with respect to Base Rate Loans, in the form attached hereto as Exhibit D C (a "Notice of Prepayment") --------- specifying the date and amount of repayment and whether the repayment is of LIBOR Rate Loans, Base Rate Loans, or a combination thereof, and, if of a combination thereof, the amount allocable to each. Upon receipt of such notice, the Administrative Agent shall promptly notify each Lender. If any such notice is given, the amount specified in such notice shall be due and payable on the date set forth in such notice. Partial repayments shall be in an aggregate amount of $1,000,000 or a whole multiple of $250,000 500,000, in excess thereof with respect to Base Rate Loans Loans, and $5,000,000 2,000,000 or a whole multiple of $1,000,000 in excess thereof with respect to LIBOR Rate Loans.
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Samples: Credit Agreement (Commonwealth Telephone Enterprises Inc /New/)
Optional Repayments. The Borrower may at any time and from time to time repay the Revolving Credit Loans, in whole or in part, upon at least three (3) Business Days' irrevocable notice to the Administrative Agent with respect to LIBOR Rate Loans and one (1) Business Day's Day irrevocable notice with respect to Base Rate Loans, in the form attached hereto as Exhibit D (a "Notice of PrepaymentPayment") specifying the date and amount of repayment and whether the repayment is of LIBOR Rate Loans, Base Rate Loans, or a combination thereof, and, if of a combination thereof, the amount allocable to each. Upon receipt of such notice, the Administrative Agent shall promptly notify each Lender. If any such notice is given, the amount specified in such notice shall be due and payable on the date set forth in such notice. Partial repayments shall be in an aggregate amount of $1,000,000 2,000,000 or a whole multiple of $250,000 500,000 in excess thereof with respect to Base Rate Loans Loans, and $5,000,000 2,000,000 or a whole multiple of $1,000,000 500,000 in excess thereof with respect to LIBOR Rate Loans. All optional prepayments under this Section shall first be applied to the outstanding principal balance of the Revolving Credit Loans, then, to the extent of any excess, to the Term Loans in accordance with Section 3.5.
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Optional Repayments. The Borrower may at any time and from time to time repay the Revolving Credit Loans, in whole or in part, upon at least three (3) Business Days' irrevocable notice to the Administrative Agent with respect to LIBOR Rate Eurodollar Loans and one (1) Business Day's Day irrevocable notice with respect to Base Rate Loans, in the form attached hereto as Exhibit D C (a "Notice of Prepayment") specifying the date and amount of repayment and whether the repayment is of LIBOR Rate Eurodollar Loans, Base Rate Loans, or a combination thereof, and, if of a combination thereof, the amount allocable to each. Upon receipt of such notice, the Administrative Agent shall promptly notify each Lender. If any such notice is given, the amount specified in such notice shall be due and payable on the date set forth in such notice. Partial repayments shall be in an aggregate amount of $1,000,000 500,000 or a whole multiple of $250,000 100,000 in excess thereof with respect to Base Rate Loans and $5,000,000 1,000,000 or a whole multiple of $1,000,000 500,000 in excess thereof with respect to LIBOR Rate Eurodollar Loans. Each such repayment shall be accompanied by any amount required to be paid pursuant to Section 3.12 hereof.
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Samples: Credit Agreement (Medcath Inc)