Partial Prepayments. Each partial prepayment of a Borrowing shall be in an amount that would be permitted under Section 2.02(b) for a Borrowing of the same Interest Type, except as needed to apply fully the required amount of a mandatory prepayment. Each partial prepayment of a Borrowing shall be applied ratably to the Loans included in such Borrowing.
Appears in 13 contracts
Samples: Credit Agreement (National Interstate CORP), Credit Agreement (State Auto Financial CORP), Credit Agreement (State Auto Financial Corp)
Partial Prepayments. Each partial prepayment of a Borrowing shall be in an amount such that the remaining unpaid amount of such Borrowing would be permitted under Section 2.02(b) for a Borrowing of the same Interest Type, except as needed to apply fully the required amount of a mandatory prepayment. Each partial prepayment of a Borrowing shall be applied ratably to the Loans included in such Borrowing.
Appears in 10 contracts
Samples: Credit Agreement (James River Group Holdings, Ltd.), Credit Agreement (James River Group Holdings, Ltd.), Credit Agreement (James River Group Holdings, Ltd.)
Partial Prepayments. Each partial prepayment of a any Borrowing shall be in an amount that would be permitted under Section 2.02(b) for in the case of an advance of a Borrowing of the same Interest TypeType as provided in Section 2.02, except as needed to apply fully the required amount of a mandatory prepaymentprepayment or to allocate an optional prepayment of Term Loans or Revolving Loans as required by paragraph (e) of this Section. Each partial prepayment of a Borrowing shall be applied ratably to the Loans included in such the prepaid Borrowing. Prepayments shall be accompanied by accrued interest to the extent required by Section 2.12.
Appears in 7 contracts
Samples: Superpriority Secured Debtor in Possession Credit Agreement (Windstream Services, LLC), Credit Agreement (Windstream Holdings, Inc.), Credit Agreement (Windstream Services, LLC)
Partial Prepayments. Each partial prepayment of a Borrowing shall be in an amount that would be permitted under Section 2.02(b) for a Borrowing of the same Interest Type, except as needed to apply fully the required amount of a mandatory prepayment. Each partial prepayment of a Borrowing shall be applied ratably to the Loans included in such Borrowing.
Appears in 3 contracts
Samples: Credit Agreement (Fastentech Inc), Credit Agreement (Gear & Broach, Inc. C/O FastenTech, Inc.), Credit Agreement (Integrated Energy Technologies Inc)
Partial Prepayments. Each partial prepayment of a Borrowing shall be in an amount that would be permitted under Section 2.02(b2.2(b) for a Borrowing of the same Interest Type, except as needed to apply fully the required amount of a mandatory prepayment(Loans). Each partial prepayment of a Borrowing shall be applied ratably to the Loans included in such Borrowing.
Appears in 2 contracts
Samples: Credit Agreement (Dover Downs Gaming & Entertainment Inc), Credit Agreement (Dover Motorsports Inc)
Partial Prepayments. Each partial prepayment of a Borrowing shall be in an amount that would be permitted under Section 2.02(b) for a Borrowing of the same Interest Type, except as needed to apply fully the required amount of a mandatory prepaymentpayment required pursuant to Section 2.20(c). Each partial prepayment of a Borrowing shall be applied ratably to the Loans included in such Borrowing.
Appears in 1 contract
Samples: Credit Agreement (Xerox Corp)
Partial Prepayments. Each partial prepayment of a any Borrowing shall be in an amount that would be permitted under Section 2.02(b) for in the case of an advance of a Borrowing of the same Interest TypeType as provided in Section 2.02, except as needed to apply fully the required amount of a mandatory prepaymentprepayment or to allocate an optional prepayment of Term Loans or Revolving Loans as required by paragraph (e) of this Section. Each partial prepayment of a Borrowing shall be applied ratably to the Loans included in such Borrowing.the prepaid
Appears in 1 contract
Samples: Refinancing and Incremental Amendment (Windstream Services, LLC)
Partial Prepayments. Each partial prepayment of a any Borrowing shall be in an amount that would be permitted under Section 2.02(b) for in the case of an advance of a Borrowing of the same Interest TypeType as provided in Section 2.02, except as needed to apply fully the required amount of a mandatory prepaymentprepayment or to allocate an optional prepayment of Term Loans as required by paragraph (d) of this Section. Each partial prepayment of a Borrowing shall be applied ratably to the Loans included in such the prepaid Borrowing. Prepayments shall be accompanied by accrued interest to the extent required by Section 2.12.
Appears in 1 contract
Samples: Credit Agreement (Windstream Corp)