Common use of Particular Loans to be Prepaid Clause in Contracts

Particular Loans to be Prepaid. With respect to each repayment or prepayment of Loans required by this section 5.2, the Borrower shall designate the Types of Loans which are to be repaid or prepaid and the specific Borrowing(s) pursuant to which such repayment or prepayment is to be made, provided that (i) the Borrower shall first so designate all Loans that are Prime Rate Loans and Eurocurrency Loans with Interest Periods ending on the date of repayment or prepayment prior to designating any other Eurocurrency Loans for repayment or prepayment, (ii) if the outstanding principal amount of Eurocurrency Loans made pursuant to a Borrowing is reduced below the applicable Minimum Borrowing Amount as a result of any such repayment or prepayment, then all the Loans outstanding pursuant to such Borrowing shall be Converted into Prime Rate Loans, and (iii) each repayment and prepayment of any Loans made pursuant to a Borrowing shall be applied pro rata among such Loans. In the absence of a designation by the Borrower as described in the preceding sentence, the Administrative Agent shall, subject to the above, make such designation in its sole discretion with a view, but no obligation, to minimize breakage costs owing under section 2.10. Any repayment or prepayment of Eurocurrency Loans pursuant to this section 5.2 (other than section 5.2(g)) shall in all events be accompanied by such compensation as is required by section 2.10.

Particular Loans to be Prepaid. With respect to each repayment or prepayment of Loans required by this section 5.2, the Borrower Treasury Manager shall designate the Types of Loans which are to be repaid or prepaid and the specific Borrowing(s) pursuant to which such repayment or prepayment is to be made, provided that (i) the Borrower Treasury Manager shall first so designate all Loans that are Prime Rate Loans and Eurocurrency Eurodollar Loans with Interest Periods ending on the date of repayment or prepayment prior to designating any other Eurocurrency Eurodollar Loans for repayment or prepayment, (ii) if the outstanding principal amount of Eurocurrency Eurodollar Loans made pursuant to a Borrowing is reduced below the applicable Minimum Borrowing Amount as a result of any such repayment or prepayment, then all the Loans outstanding pursuant to such Borrowing shall be Converted converted into Prime Rate Loans, and (iii) each repayment and prepayment of any Loans made pursuant to a Borrowing shall be applied pro rata among such Loans. In the absence of a designation by the Borrower Treasury Manager as described in the preceding sentence, the Administrative Agent shall, subject to the above, make such designation in its sole discretion with a view, but no obligation, to minimize breakage costs owing under section 2.102.11. Any repayment or prepayment of Eurocurrency Eurodollar Loans or Money Market Rate Loans pursuant to this section 5.2 (other than section 5.2(g)) shall in all events be accompanied by such compensation as is required by section 2.102.11.

Particular Loans to be Prepaid. With respect to each repayment or prepayment of Loans required by this section 5.2, the Borrower shall designate the Types of Loans which are to be repaid or prepaid and the specific Borrowing(s) pursuant to which such repayment or prepayment is to be made, provided PROVIDED that (i) the Borrower shall first so designate all Loans that are Prime Rate Loans and Eurocurrency Eurodollar Loans with Interest Periods ending on the date of repayment or prepayment prior to designating any other Eurocurrency Eurodollar Loans for repayment or prepayment, (ii) if the outstanding principal amount of Eurocurrency Eurodollar Loans made pursuant to a Borrowing is reduced below the applicable Minimum Borrowing Amount as a result of any such repayment or prepayment, then all the Loans outstanding pursuant to such Borrowing shall be Converted converted into Prime Rate Loans, and (iii) each repayment and prepayment of any Loans made pursuant to a Borrowing shall be applied pro rata PRO RATA among such Loans. In the absence of a designation by the Borrower as described in the preceding sentence, the Administrative Agent shall, subject to the above, make such designation in its sole discretion with a view, but no obligation, to minimize breakage costs owing under section 2.102.11. Any repayment or prepayment of Eurocurrency Eurodollar Loans or Money Market Rate Loans pursuant to this section 5.2 (other than section 5.2(g)) shall in all events be accompanied by such compensation as is required by section 2.102.11.

Particular Loans to be Prepaid. With respect to each repayment or prepayment of Loans required by this section 5.2, the Borrower Treasury Manager shall designate the Types of Loans which are to be repaid or prepaid and the specific Borrowing(s) pursuant to which such repayment or prepayment is to be made, provided that (i) the Borrower Treasury Manager shall first so designate all Loans that are Prime Rate Loans and Eurocurrency Eurodollar Loans with Interest Periods ending on the date of repayment or prepayment prior to designating any other Eurocurrency Eurodollar Loans for repayment or prepayment, (ii) ii if the outstanding principal amount of Eurocurrency Eurodollar Loans made pursuant to a Borrowing is reduced below the applicable Minimum Borrowing Amount as a result of any such repayment or prepayment, then all the Loans outstanding pursuant to such Borrowing shall be Converted converted into Prime Rate Loans, and (iii) each repayment and prepayment of any Loans made pursuant to a Borrowing shall be applied pro rata among such Loans. In the absence of a designation by the Borrower Treasury Manager as described in the preceding sentence, the Administrative Agent shall, subject to the above, make such designation in its sole discretion with a view, but no obligation, to minimize breakage costs owing under section 2.102.11. Any repayment or prepayment of Eurocurrency Eurodollar Loans pursuant to this section 5.2 (other than section 5.2(g)) shall in all events be accompanied by such compensation as is required by section 2.102.11.

Particular Loans to be Prepaid. With respect to each repayment or prepayment of Loans required by this section 5.2, the Borrower shall designate the Types of Loans which are to be repaid or prepaid and the specific Borrowing(s) pursuant to which such repayment or prepayment is to be made, provided that (i) the Borrower shall first so designate all Loans that are Prime Rate Loans and Eurocurrency Eurodollar Loans with Interest Periods ending on the date of repayment or prepayment prior to designating any other Eurocurrency Eurodollar Loans for repayment or prepayment, (ii) if the outstanding principal amount of Eurocurrency Eurodollar Loans made pursuant to a Borrowing is reduced below the applicable Minimum Borrowing Amount as a result of any such repayment or prepayment, then all the Loans outstanding pursuant to such Borrowing shall be Converted into Prime Rate Loans, and (iii) each repayment and prepayment of any Loans made pursuant to a Borrowing shall be applied pro rata among such Loans. In the absence of a designation by the Borrower as described in the preceding sentence, the Administrative Agent shall, subject to the above, make such designation in its sole discretion with a view, but no obligation, to minimize breakage costs owing under section 2.10. Any repayment or prepayment of Eurocurrency Eurodollar Loans or Money Market Rate Loans pursuant to this section 5.2 (other than section 5.2(g)) shall in all events be accompanied by such compensation as is required by section 2.10.