Common use of Optional Repayments Clause in Contracts

Optional Repayments. The Borrower may at any time and from time to time repay the 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 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 a Revolving Credit Loan or Acquisition Loan, LIBOR Rate Loans, Base Rate Loans, Swingline Loans or a combination thereof, and, if of a combination thereof, the amount allocable to each; PROVIDED, that any repayment of Revolving Credit Loans shall be applied first to the repayment of any outstanding Liquidity Loans and then any remaining amounts shall be applied to repayment of any Revolving Credit Loans that are not Liquidity Loans. 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 $3,000,000 or a whole multiple of $500,000 in excess thereof with respect to LIBOR Rate Loans and Base Rate Loans and $500,000 or a whole multiple of $250,000 in excess thereof with respect to Swingline Loans. Each such repayment shall be accompanied by any amount required to be paid pursuant to SECTION 4.15.

Optional Repayments. The Borrower may at any time and from time to time repay the Revolving Credit Loans and the Swingline Loans, in whole or in part, upon at least (i) three (3) Business Days' ’ irrevocable notice to the Administrative Agent with respect to LIBOR Rate Loans and Loans, (ii) one (1) Business Day irrevocable notice with respect to Base Rate Loans and (iii) same day notice by 2:00 p.m. with respect to Swingline Loans, substantially in the form attached hereto as EXHIBIT Exhibit D (a "NOTICE OF PREPAYMENT"“Notice of Prepayment”) specifying the date and amount of repayment and whether the repayment is of a Revolving Credit Loan or Acquisition Loan, LIBOR Rate Loans, Base Rate Loans, Swingline Loans or a combination thereof, and, if of a combination thereof, the amount allocable to each; PROVIDED, that any repayment of Revolving Credit Loans shall be applied first to the repayment of any outstanding Liquidity Loans and then any remaining amounts shall be applied to repayment of any Revolving Credit Loans that are not Liquidity Loans. 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 $3,000,000 1,000,000 or a whole multiple of $500,000 in excess thereof with respect to LIBOR Rate Loans and Base Rate Loans and (other than Swingline Loans), $500,000 5,000,000 or a whole multiple of $250,000 1,000,000 in excess thereof with respect to LIBOR Rate Loans and $100,000 or a whole multiple of $100,000 in excess thereof with respect to Swingline Loans. A Notice of Prepayment received after 2:00 p.m. shall be deemed received on the next Business Day. Each such repayment shall be accompanied by any amount required to be paid pursuant to SECTION 4.15Section 5.9 hereof. Notwithstanding the foregoing, any such notice delivered in connection with any refinancing of all of the Credit Facility with the proceeds of such refinancing or of any incurrence of Debt, may be, if expressly so stated to be, contingent upon the consummation of such refinancing or incurrence and may be revoked by the Borrower in the event such refinancing is not consummated (provided that the failure of such contingency shall not relieve the Borrower from its obligations, if any, in respect thereof under Section 5.9).

Optional Repayments. The Borrower Borrowers may at any time and from time to time repay the 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 irrevocable notice with respect to Base Rate Loans and Swingline Loans, substantially in the form attached hereto as EXHIBIT Exhibit D (a "NOTICE OF PREPAYMENT"“Notice of Repayment”) specifying the date and amount of repayment and whether the repayment is of a Revolving Credit Loan or Acquisition Loan, LIBOR Rate Loans, Base Rate Loans, Swingline Loans or a combination thereof, and, if of a combination thereof, the amount allocable to each; PROVIDED, that any repayment of Revolving Credit Loans shall be applied first to the repayment of any outstanding Liquidity Loans and then any remaining amounts shall be applied to repayment of any Revolving Credit Loans that are not Liquidity Loans. Upon receipt of such notice, the Administrative Agent shall promptly notify each Lender, except with respect to any repayment of Swingline Loans. 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 $3,000,000 or a whole multiple of $500,000 1,000,000 in excess thereof with respect to Base Rate Loans (other than Swingline Loans), $5,000,000 or a whole multiple of $1,000,000 in excess thereof with respect to LIBOR Rate Loans and Base Rate Loans and $500,000 100,000 or a whole multiple of $250,000 100,000 in excess thereof with respect to Swingline Loans. Each such repayment shall be accompanied by any amount required to be paid pursuant to SECTION 4.15Section 5.9 hereof. A Notice of Prepayment received after 11:00 a.m. shall be deemed received on the next Business Day.

Optional Repayments. The Borrower may at any time and from time to time repay the Loans, in whole or in part, upon at least (i) three (3) Business Days' irrevocable notice to the Administrative Agent with respect to LIBOR Rate Loans and (ii) one (1) Business Day irrevocable notice with respect to Base Rate Loans and (iii) same day notice by 2:00 p.m. (Charlotte time) with respect to Swingline Loans, substantially 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 a Revolving Credit Loan or Acquisition Loan, LIBOR Rate Loans, Base Rate Loans, Swingline Loans or a combination thereof, and, if of a combination thereof, the amount allocable to each; PROVIDED, that any repayment of Revolving Credit Loans shall be applied first to the repayment of any outstanding Liquidity Loans and then any remaining amounts shall be applied to repayment of any Revolving Credit Loans that are not Liquidity Loans. 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 $3,000,000 1,000,000 or a whole multiple of $500,000 in excess thereof with respect to LIBOR Rate Loans and Base Rate Loans and (other than Swingline Loans), $500,000 5,000,000 or a whole multiple of $250,000 1,000,000 in excess thereof with respect to LIBOR Rate Loans and $100,000 or a whole multiple of $100,000 in excess thereof with respect to Swingline Loans. Each such repayment shall be accompanied by any an amount required to be paid pursuant to SECTION 4.15Section 5.9 hereof.

Optional Repayments. The Borrower may at any time and from time to time repay the Loans, in whole or in part, upon at least four (4) Business Days’ irrevocable notice to the Agent with respect to Eurocurrency Loans, upon at least three (3) Business Days' ’ irrevocable notice to the Administrative Agent with respect to LIBOR Rate Eurodollar and Competitive Bid Loans and one upon notice received no later than 2:00 p.m. (1Eastern time) Business Day irrevocable notice on the proposed date of repayment with respect to Base Rate ABR Loans and Swingline Loans, substantially in the form attached hereto as EXHIBIT D Exhibit A-7 (a "NOTICE OF PREPAYMENT"“Notice of Prepayment”), specifying (i) specifying the date and of repayment, (ii) the amount of repayment and repayment, (iii) whether the repayment is of a Revolving Credit Loan or Acquisition Loan, LIBOR Rate Loans, Base Rate Competitive Bid Loans, Swingline Loans Loans, or a combination thereof, and, if of a combination thereof, the amount allocable to each and (iv) whether the repayment is of Eurocurrency Loans, Eurodollar Loans, ABR Loans, or a combination thereof, and, if of a combination thereof, the amount allocable to each; PROVIDED, that any repayment of Revolving Credit Loans shall be applied first to the repayment of any outstanding Liquidity Loans and then any remaining amounts shall be applied to repayment of any Revolving Credit Loans that are not Liquidity Loans. 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 (i) $100,000 or a whole multiple of $100,000 in excess thereof with respect to ABR Loans and Swingline Loans, (ii) $3,000,000 or a whole multiple of $500,000 1,000,000 in excess thereof with respect to LIBOR Rate Eurodollar Loans and Base Rate Eurocurrency Loans (based upon the Alternative Currency Amount thereof) and (iii) $500,000 1,000,000 or a whole multiple of $250,000 1,000,000 in excess thereof with respect to Swingline Competitive Bid Loans. Each such repayment shall be accompanied by any amount required to be paid pursuant to SECTION 4.15Section 2.05(d) below.

Optional Repayments. The Borrower may Subject to Section 3.4, a Company may, at any time and or from time to time time, upon irrevocable notice to the Agent delivered in accordance with Section 10.2 and the notice provisions below, ratably repay the Loans, Loans in whole or in part, upon in minimum Dollar Equivalent amounts of Two Hundred Thousand Dollars ($200,000) or any Dollar Equivalent multiple of One Hundred Thousand Dollars ($100,000) in excess thereof. The repaying Company shall deliver a notice of repayment to be received by the Agent not later than 10:00 a.m. (Chicago time) (i) at least three (3) Business Days' irrevocable notice Days in advance of the repayment date if the Loans to be repaid are Offshore Currency Loans, (ii) at least three (3) Business Days in advance of the Administrative Agent with respect repayment date if the Loans to LIBOR be repaid are Offshore Rate Loans in Dollars, and one (1iii) Business Day irrevocable notice with respect on the repayment date if the Loans to be repaid are Base Rate Loans and Swingline Loans, in the form attached hereto as EXHIBIT D (a "NOTICE OF PREPAYMENT") specifying . Such notice of repayment shall specify the date and amount of such repayment and whether the such repayment is of a Revolving Credit Loan or Acquisition Loan, LIBOR Rate Loans, Base Rate Loans, Swingline Loans Offshore Rate Loans, or a any combination thereof, and, if of a combination thereof, and the amount allocable to each; PROVIDED, that any repayment of Revolving Credit Loans Applicable Currency. Such notice shall not thereafter be applied first to revocable by such Company and the repayment of any outstanding Liquidity Loans and then any remaining amounts shall be applied to repayment of any Revolving Credit Loans that are not Liquidity Loans. Upon receipt of such notice, the Administrative Agent shall will promptly notify each LenderBank thereof and of such Bank's Pro Rata Share of such repayment. If any such notice is given, the The payment amount specified in such notice shall be due and payable on the date set forth in specified therein, together with accrued interest to each such notice. Partial repayments shall be in an aggregate date on the amount of $3,000,000 or a whole multiple of $500,000 in excess thereof with respect to LIBOR Rate Loans repaid and Base Rate Loans and $500,000 or a whole multiple of $250,000 in excess thereof with respect to Swingline Loans. Each such repayment shall be accompanied by any amount amounts required to be paid pursuant to SECTION 4.15Section 3.4.

Optional Repayments. The Borrower Borrowers may at any time and from time to time repay the Revolving Credit Loans and 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 irrevocable notice with respect to Base Rate Loans and Swingline Loans, substantially in the form attached hereto as EXHIBIT Exhibit D (a "NOTICE OF PREPAYMENTNotice of Prepayment"), specifying (i) specifying the date and of repayment, (ii) the amount of repayment and repayment, (iii) whether the repayment is of a Revolving Credit Loan or Acquisition Loan, LIBOR Rate Loans, Base Rate Loans, Swingline Loans or a combination thereof, and, if of a combination thereof, the amount allocable to each; PROVIDED, that any repayment of Revolving Credit Loans shall be applied first to and (iv) whether the repayment is of any outstanding Liquidity LIBOR Rate Loans, Base Rate Loans and then any remaining amounts shall be applied or a combination thereof, and, if of a combination thereof, the amount allocable to repayment of any Revolving Credit Loans that are not Liquidity Loanseach. 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 $500,000 or a whole multiple of $50,000 in excess thereof with respect to Base Rate Loans (other than Swingline Loans), $3,000,000 or a whole multiple of $500,000 in excess thereof with respect to LIBOR Rate Loans and Base Rate Loans and $500,000 100,000 or a whole multiple of $250,000 50,000 in excess thereof with respect to Swingline LoansLoans (provided that repayments of Swingline Loans made pursuant to the SweepPlus Program may be in a minimum amount of $1,000 or any increment thereof). Each such repayment shall be accompanied by any amount required to be paid pursuant to SECTION 4.15Section 5.9 hereof.

Optional Repayments. The Borrower may at any time and from time to time repay the Revolving Credit Loans and 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 irrevocable notice with respect to Base Rate Loans and Swingline Loans, substantially in the form attached hereto as EXHIBIT Exhibit D (a "NOTICE OF PREPAYMENT"“Notice of Prepayment”), specifying (i) specifying the date and of repayment, (ii) the amount of repayment and repayment, (iii) whether the repayment is of a Revolving Credit Loan or Acquisition Loan, LIBOR Rate Loans, Base Rate Loans, Swingline Loans or a combination thereof, and, if of a combination thereof, the amount allocable to each; PROVIDED, that any repayment of Revolving Credit Loans shall be applied first to and (iv) whether the repayment is of any outstanding Liquidity LIBOR Rate Loans, Base Rate Loans and then any remaining amounts shall be applied or a combination thereof, and, if of a combination thereof, the amount allocable to repayment of any Revolving Credit Loans that are not Liquidity Loanseach. 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 $500,000 or a whole multiple of $50,000 in excess thereof with respect to Base Rate Loans, $3,000,000 or a whole multiple of $500,000 in excess thereof with respect to LIBOR Rate Loans and Base Rate Loans and $500,000 100,000 or a whole multiple of $250,000 50,000 in excess thereof with respect to Swingline LoansLoans (provided that repayments of Swingline Loans made pursuant to the SweepPlus Program may be in a minimum amount of $1,000 or any increment thereof). Each such repayment shall be accompanied by any amount required to be paid pursuant to SECTION 4.15Section 5.9 hereof.

Optional Repayments. The Borrower Borrowers may at any time and from time ------------------- to time repay the Revolving Credit Loans and 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 irrevocable notice with respect to Base Rate Loans and Quoted Swingline Rate Loans, in the form attached hereto as EXHIBIT Exhibit D --------- (a "NOTICE OF PREPAYMENTNotice of Prepayment"), specifying (i) specifying the date and of repayment, (ii) the amount of repayment and repayment, (iii) whether the repayment is of a Revolving Credit Loan or Acquisition Loan, LIBOR Rate Loans, Base Rate Loans, Swingline Loans or a combination thereof, and, if of a combination thereof, the amount allocable to each; PROVIDED, that any repayment of Revolving Credit Loans shall be applied first to and (iv) whether the repayment is of any outstanding Liquidity LIBOR Rate Loans, Base Rate Loans, Quoted Swingline Rate Loans and then any remaining amounts shall be applied or a combination thereof, and, if of a combination thereof, the amount allocable to repayment of any Revolving Credit Loans that are not Liquidity Loanseach. 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 (other than Swingline Loans), $3,000,000 or a whole multiple of $500,000 in excess thereof with respect to LIBOR Rate Loans and Base Rate Loans and $500,000 100,000 or a whole multiple of $250,000 50,000 in excess thereof with respect to Swingline Loans. Each such repayment shall be accompanied by any amount required to be paid pursuant to SECTION 4.15.

Optional Repayments. The Borrower may at any time and from time to time repay the Loans, in whole or in part, (i) upon at least three (3) Business Days' ’ irrevocable notice to the Administrative Agent with respect to LIBOR Rate Loans and Loans, (ii) upon one (1) Business Day irrevocable notice with respect to Base Rate Loans (other than Swingline Loans), and (iii) by 11:00 a.m. (Chicago time) on the same Business Day irrevocable notice with respect to Swingline Loans, substantially in the form attached hereto as EXHIBIT Exhibit D (a "NOTICE OF PREPAYMENT"“Notice of Prepayment”), specifying (A) specifying the date and of repayment, (B) the amount of repayment and repayment, (C) whether the repayment is of a Revolving Credit Loan or Acquisition Loan, LIBOR Rate Loans, Base Rate Loans, Swingline Loans or a combination thereof, and, if of a combination thereof, the amount allocable to each; PROVIDED, that any repayment of Revolving Credit Loans shall be applied first to each and (D) whether the repayment is of any outstanding Liquidity Loans and then any remaining amounts shall be applied LIBOR Rate Loans, Base Rate Loans, or a combination thereof, and, if of a combination thereof, the amount allocable to repayment of any Revolving Credit Loans that are not Liquidity Loanseach. 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 (i) $3,000,000 or a whole multiple of $500,000 1,000,000 in excess thereof with respect to Base Rate Loans (other than Swingline Loans), (ii) $3,000,000 or a whole multiple of $1,000,000 in excess thereof with respect to LIBOR Rate Loans and Base Rate Loans and (iii) $500,000 100,000 or a whole multiple of $250,000 100,000 in excess thereof with respect to Swingline Loans. Each such repayment shall be accompanied by any amount required to be paid pursuant to SECTION 4.15Section 4.9.

Optional Repayments. The Borrower may at any time and from time to time repay the 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 irrevocable notice with respect to Base Rate Loans and Swingline Loans, substantially 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 a Revolving Credit Loan or Acquisition Loan, LIBOR Rate Loans, Base Rate Loans, Swingline Loans or a combination thereof, and, if of a combination thereof, the amount allocable to each; PROVIDED, that any repayment of Revolving Credit Loans shall be applied first to the repayment of any outstanding Liquidity Loans and then any remaining amounts shall be applied to repayment of any Revolving Credit Loans that are not Liquidity Loans. Upon receipt of such notice, the Administrative Agent shall promptly notify each LenderLender by telecopier (or by telephone promptly confirmed by telecopier). 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 $3,000,000 2,500,000 or a whole multiple of $500,000 100,000 in excess thereof with respect to Base Rate Loans (other than Swingline Loans), $2,500,000 or a whole multiple of $100,000 in excess thereof with respect to LIBOR Rate Loans and Base Rate Loans and $500,000 50,000 or a whole multiple of $250,000 50,000 in excess thereof with respect to Swingline Loans. Each such repayment shall be accompanied by any an amount required to be paid pursuant to SECTION 4.15Section 5.9 hereof.

Optional Repayments. The Borrower may at any time and from time to time repay the Revolving Credit Loans and 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 Day’s irrevocable notice with respect to Base Rate Loans and Swingline Loans, substantially in the form attached hereto as EXHIBIT Exhibit D (a "NOTICE OF PREPAYMENT"“Notice of Prepayment”) specifying the date and amount of repayment and whether the repayment is of a Revolving Credit Loan or Acquisition Loan, LIBOR Rate Loans, Base Rate Loans, Swingline Loans or a combination thereof, and, if of a combination thereof, the amount allocable to each; PROVIDED, that any repayment of Revolving Credit Loans shall be applied first to the repayment of any outstanding Liquidity Loans and then any remaining amounts shall be applied to repayment of any Revolving Credit Loans that are not Liquidity Loans. Upon receipt of such notice, the Administrative Agent shall promptly notify each LenderLender by telecopier (or by telephone promptly confirmed by telecopier). 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 $3,000,000 2,500,000 or a whole multiple of $500,000 100,000 in excess thereof with respect to Base Rate Loans (other than Swingline Loans), $5,000,000 or a whole multiple of $100,000 in excess thereof with respect to LIBOR Rate Loans and Base Rate Loans and $500,000 50,000 or a whole multiple of $250,000 50,000 in excess thereof with respect to Swingline Loans. Each such repayment shall be accompanied by any an amount required to be paid pursuant to SECTION 4.15Section 5.11.

Optional Repayments. The Borrower may at any time and from time to time repay the Revolving Credit Loans, the Swingline Loans and, subject to the last sentence of this Section 2.5(c), the Competitive Bid 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 Competitive Bid Loans and one (1) Business Day irrevocable notice with respect to Base Rate Loans and Swingline 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 a Revolving Credit Loan or Acquisition Loan, LIBOR Rate Loans, Base Rate Loans, Swingline Loans, Competitive Bid Loans or a combination thereof, and, if of a combination thereof, the amount allocable to each; PROVIDED, that any repayment of Revolving Credit Loans shall be applied first to the repayment of any outstanding Liquidity Loans and then any remaining amounts shall be applied to repayment of any Revolving Credit Loans that are not Liquidity Loans. 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 $3,000,000 1,000,000 or a whole multiple of $500,000 in excess thereof with respect to Base Rate Loans, $5,000,000 or a whole multiple of $1,000,000 in excess thereof with respect to LIBOR Rate Loans and Base Rate Competitive Bid Loans and $500,000 or a whole multiple of $250,000 100,000 in excess thereof with respect to Swingline Loans. Each such repayment shall be accompanied by any amount required to be paid pursuant to SECTION 4.15Section 4.9. The Borrower may not repay a Competitive Bid Loan other than on the last day of the applicable Interest Period without the prior written consent of the Lender which made such Competitive Bid Loan.