Common use of Permitted Prepayment of Loans Clause in Contracts

Permitted Prepayment of Loans. Borrower shall have the option to prepay the Term Loans advanced by the Lenders under this Agreement, in whole or in part, provided, however, that Borrower (i) provides written notice to Agent of its election to prepay a portion or the entire amount of Term Loans at least fifteen (15) days prior to such prepayment, and (ii) (X) in the case of a prepayment of the entire amount of Term Loans, pays to Agent, for payment to each Lender in accordance with its respective Pro Rata Share, on the date of such prepayment an amount equal to the sum of: (A) all outstanding principal of the Term Loans and all other Obligations, and all accrued interest thereon. plus (B) the Final Payment, plus (C) the Prepayment Fee, plus (D) all other sums that shall have become due and payable, including Lenders’ Expenses and (y) in the case of a prepayment of a portion of the Term Loans, pays to each Lender in accordance with its respective Pro Rata Share, on the date of such prepayment an amount equal to the sum of: (A) the amount of the outstanding principal of the Term Loans prepaid and all accrued interest thereon, plus (B) the Partial Final Payment, plus (C) the Partial Prepayment Fee, plus (D) all other sums that shall have become due and payable, including Lenders’ Expenses.”

Permitted Prepayment of Loans. Borrower shall have the option to prepay all or a portion of the Term Loans advanced by the Lenders under this Agreement, in whole or in part, ; provided, however, that Borrower (i) provides written notice to Agent of its election to prepay the Term Loans or a portion or the entire amount of Term Loans thereof at least fifteen five (155) days Business Days prior to such prepayment, and (ii) (Xx) in the case of a prepayment of the entire aggregate outstanding principal amount of any or all Term Loans, pays to Agent, for payment to each Lender in accordance with its respective Pro Rata ShareLender, on the date of such prepayment prepayment, an amount equal to the sum of: (A) all outstanding principal of the such Term Loans and all other ObligationsObligations owed by Borrower to such Lender, and all accrued and unpaid interest thereon. thereon (calculated with respect to each Lender and the Term Loans owing to such Lender as set forth in Section 2.3), plus (B) the Final PaymentPayment with respect to the Term Loans owing to such Lender, plus (C) the Prepayment FeePremium with respect to the Term Loans owing to such Lender, plus (D) all other sums that shall have become due and payablepayable to such Lender, including Lenders’ Expenses Expenses, and (y) in the case of a prepayment of a portion of the any Term LoansLoan, pays to each Lender in accordance with its respective Pro Rata ShareLender, on the date of such prepayment prepayment, an amount equal to the sum of: (A) the amount of the outstanding principal of the such Term Loans Loan prepaid to such Lender, and all accrued and unpaid interest thereon, plus (B) the Partial Final PaymentPayment with respect to the amount of such Term Loan prepaid, plus (C) the Partial Prepayment FeePremium with respect to the amount of such Term Loan prepaid, plus (D) all other sums that shall have become due and payablepayable to such Lender, including Lenders’ Expenses.”