Common use of Permitted Prepayment of Term Loans Clause in Contracts

Permitted Prepayment of Term Loans. Borrower shall have the option to prepay all, but not less than all, of the Term Loans advanced by the Lenders under this Agreement, provided Borrower (i) provides written notice to Collateral Agent of its election to prepay the Term Loans at least thirty (30) days prior to such prepayment, and (ii) pays to the Lenders on the date of such prepayment, payable to each Lender in accordance with its respective Pro Rata Share with respect to the Term Loans, an amount equal to the sum of (A) all outstanding principal of the Term Loans plus accrued and unpaid interest thereon through the prepayment date, (B) the Final Payment, (C) the Prepayment Fee, plus (D) all other Obligations that are due and payable, including Lenders’ Expenses and interest at the Default Rate with respect to any past due amounts. Notwithstanding anything to the contrary set forth herein, in the event of prepayment of the Term Loans in full, Borrower shall be required to repay all Revolving Advances in full together with all accrued interest thereon and any other Obligations relative to the Revolving Line.

Permitted Prepayment of Term Loans. Borrower shall have the option to prepay all, but not less than all, of the outstanding principal balance of the Term Loans advanced by the Lenders under this Agreement, provided Borrower (i) provides written notice to Collateral Agent of its election to prepay the Term Loans at least thirty five (305) days Business Days prior to such prepayment, and (ii) pays to the Lenders on the date of such prepayment, payable to each the respective Lender to which such payments are owed in accordance with its their respective Pro Rata Share with respect to Shares (except in the Term Loanscase of the Final Fee and the Amendment Fee), an amount equal to the sum of (A) all the outstanding principal of the Term Loans plus accrued and unpaid interest thereon through the prepayment date, (B) the Final PaymentFee paid in accordance with the definition thereof, (C) the Prepayment FeePremium, (D) the Amendment Fee paid in accordance with the definition thereof, plus (DDE) all other Obligations that are due and payablepayable on such prepayment date, including any Lenders’ Expenses (to the extent invoiced at least one (1) Business Day prior to such prepayment) and interest at the Default Rate (if any) with respect to any past due amounts. Notwithstanding anything to the contrary set forth herein, All outstanding Term Loan Commitments shall terminate in the event of connection with a prepayment of the Term Loans in full, Borrower shall be required to repay all Revolving Advances in full together with all accrued interest thereon and any other Obligations relative to the Revolving LineLoans.

Permitted Prepayment of Term Loans. Borrower shall have the option to prepay allprepay, all but not less than all, of the Term Loans C Loan advanced by the Lenders Bank under this Agreement, provided Borrower (i) provides written notice to Collateral Agent Bank of its election to prepay the such Term Loans Loan at least thirty ten (3010) days prior to such prepayment, and (ii) pays to the Lenders Bank on the date of such prepayment, payable to each Lender in accordance with its respective Pro Rata Share with respect to the Term Loans, prepayment an amount equal to the sum of (A) all outstanding principal of the such Term Loans Loan being prepaid plus accrued and unpaid interest thereon through the prepayment date, (B) the Final Payment, (C) the Prepayment Fee, plus (D) all other Obligations that are due and payable, including Lenders’ Bank Expenses and interest at the Default Rate with respect to any past due amounts. Notwithstanding anything herein to the contrary set forth hereincontrary, in the event of prepayment of parties agree that on the Term Loans in fullThird Amendment Date, Borrower shall be required to repay prepay all Revolving Advances in full together of the outstanding principal amount of Term A Loan and Term B Loan along with all accrued interest thereon and any other Obligations relative the applicable Final Payment (as such term was defined prior to the Revolving LineThird Amendment Date) and accrued but unpaid interest thereon, but with any Prepayment Fee with respect thereto waived, in accordance with the payoff letter delivered by Bank to Borrower with respect to such prepayment. 7. Section 2.5 of the Loan Agreement is hereby amended by deleting the text “ and” at the end of Section 2.5(f), replacing the text “.” at the end of Section 2.5(g) with “; and” and adding the following Section 2.5(h) thereto:

Permitted Prepayment of Term Loans. Borrower shall have the option to prepay all, but not less than all, of the Term Loans advanced by the Lenders under this Agreement, provided Borrower (i) provides written notice to Collateral Agent of its election to prepay the Term Loans at least thirty fifteen (3015) days prior to such prepaymentprepayment (or such shorter period as the Collateral Agent may consent to in its reasonable discretion), and (ii) pays to the Lenders on the date of such prepayment, payable to each Lender in accordance with its respective Pro Rata Share with respect to the Term LoansShare, an amount equal to the sum of (A) all outstanding principal of the Term Loans plus accrued and unpaid interest thereon through the prepayment date, (B) the Final Payment, (C) the Prepayment Fee, plus (D) all other Obligations that are due and payable, including Lenders’ Expenses and interest at the Default Rate with respect to any past due amounts. Notwithstanding anything Any notice of prepayment provided under this Section 2.2(d) may state that it is conditioned upon the occurrence or non-occurrence of any event specified therein (including the effectiveness of other credit facilities), in which case such notice may be revoked or extended by Borrower (by written notice to Collateral Agent on or prior to the contrary set forth herein, in the event of specified prepayment of the Term Loans in full, Borrower shall be required to repay all Revolving Advances in full together with all accrued interest thereon and any other Obligations relative to the Revolving Linedate) if such condition is not satisfied.

Permitted Prepayment of Term Loans. Borrower shall have the option to prepay all, but not less than all, of the Term Loans advanced by the Lenders Bank under this Agreement, provided Borrower (i) provides written notice to Collateral Agent Bank of its election to prepay the Term Loans at least thirty five (305) days Business Days prior to such prepayment, and (ii) pays to the Lenders Bank on the date of such prepayment, payable to each Lender in accordance with its respective Pro Rata Share with respect to the Term Loans, prepayment an amount equal to the sum of (A) all outstanding principal of the Term Loans plus accrued and unpaid interest thereon through the prepayment date, (B) the Final Payment, (C) the Prepayment Fee, plus (D) all other Obligations that are due and payablepayable (other than strictly with respect to the Revolving Facility unless the Revolving Facility is also being simultaneously terminated), including Lenders’ Bank’s Expenses and interest at the Default Rate with respect to any past due amounts. Notwithstanding anything herein to the contrary set forth hereincontrary, in no Prepayment Fee shall be due under this Section 2.2(e) if the event Borrower is prepaying the Term Loans pursuant to a refinancing by the Bank of prepayment not less than aggregate principal amount of the Term Loans in fullthen outstanding; provided, Borrower shall further, that nothing herein is meant to be required construed as an obligation for the Bank to repay all Revolving Advances in full together with all accrued interest thereon and refinance any other Obligations relative to portion of any of the Revolving LineLoans made hereunder.