Common use of Permitted Prepayments Clause in Contracts

Permitted Prepayments. The Borrower may prepay all or any part of Revolving Credit Loans by giving notice to the Agent for the account of the Banks stating the proposed date of prepayment, the Type of Borrowing being prepaid and the aggregate principal amount of the prepayment not later than 12:00 noon (Cleveland, Ohio time) on the Business Day immediately preceding the Business Day on which such prepayment is to be made. Upon such notice, the Borrower shall: (A) in respect of Alternate Base Rate Loans comprising part of the same Revolving Credit Borrowing, prepay the outstanding aggregate principal amount thereof in whole or ratably in part and (B) in respect of LIBOR Rate Loans comprising part of the same Revolving Credit Borrowing, prepay the outstanding aggregate principal amount thereof in whole and the interest accrued to the date of such prepayment on the principal amount of such Borrowing so prepaid; provided, however, that: (I) each partial prepayment of Alternate Base Rate Loans shall be (x) in an aggregate principal amount of One Hundred Thousand Dollars ($100,000) or any multiple thereof or (y) in an amount equal to the aggregate principal amount of Alternate Base Rate Loans then outstanding, (II) each partial prepayment of LIBOR Rate Loans shall be (a) in an aggregate principal amount not less than One Million Dollars ($1,000,000), or an integral multiple of One Hundred Thousand Dollars ($100,000) in excess thereof or (b) in an amount equal to the aggregate principal amount of LIBOR Rate Loans then outstanding, and (III) any prepayment of any LIBOR Rate Loans made on other than the last day of an Interest Period shall obligate the Borrower to reimburse the Bank in respect thereof pursuant to Section 0 of this Agreement.

Permitted Prepayments. The A Borrower may prepay all or any part of Term Advances or Revolving Credit Loans Advances by giving notice through the Borrower Representative to the Administrative Agent for the account of the Banks stating the proposed date of prepayment, the Type of Borrowing being prepaid and the aggregate principal amount of the prepayment prepayment: (i) not later than 12:00 noon 11:00 A.M. (Clevelandcentral time) on any Business Day that is the proposed date of such prepayment, Ohio with respect to Alternate Base Rate Advances, (ii) not later than 11:00 A.M. (central time) on the third Business Day immediately preceding prior to the Business Day that is the proposed date of such prepayment, with respect to LIBOR Advances denominated in Dollars and (iii) not later than 11:00 A.M. (central time) on which the fourth Business Day prior to the Business Day that is the proposed date of such prepayment, with respect to LIBOR Advances denominated in an Alternate Currency. If the notice to the Administrative Agent is in respect of the prepayment is to be made. Upon such noticeof Alternate Base Rate Advances, the Borrower shall: (A) in respect , upon the giving of such notice, prepay the outstanding aggregate principal amount of the Alternate Base Rate Loans Advances comprising part of the same Revolving Credit BorrowingBorrowing in whole or ratably in part; provided, however, that each partial prepayment of Alternate Base Rate Advances shall be in the aggregate principal amount of not less than Fifty Thousand Dollars ($50,000). If the notice to the Administrative Agent is in respect of the prepayment of any LIBOR Advances, the Borrower shall, after giving such notice, prepay the outstanding aggregate principal amount thereof in whole or ratably in part and (B) in respect of any LIBOR Rate Loans Advances comprising part of the same Revolving Credit Borrowing, prepay the outstanding aggregate principal amount thereof Borrowing in whole and or ratably in part, along with the accrued interest accrued to the date of such prepayment on the principal amount of such Borrowing so prepaid; provided, however, that: (Ii) each partial prepayment of Alternate Base Rate Loans any LIBOR Advances shall be (x) in an aggregate principal amount of One Hundred Thousand Dollars ($100,000) or any multiple thereof or (y) in an amount equal to the aggregate principal amount of Alternate Base Rate Loans then outstanding, (II) each partial prepayment of LIBOR Rate Loans shall be (a) in an aggregate principal amount not less than One Million Dollars ($1,000,000), or an integral multiple of One Hundred Thousand Dollars ($100,000) in excess thereof or the Dollar Equivalent thereof (b) in an amount equal to the aggregate principal amount of LIBOR Rate Loans then outstanding, and (IIIiii) any prepayment of any LIBOR Rate Loans Advance made on a day other than the last day of an Interest Period shall obligate the Borrower to reimburse the Bank Banks in respect thereof pursuant to Section 0 12.4 of this Agreement, and (iv) any permitted prepayment of the Term Advances made pursuant to this Section 2.9(e) shall be applied pro rata across all of the installment maturities of such Term Advances.

Permitted Prepayments. The Borrower may prepay all or any part of Revolving Credit Loans by giving notice to the Agent for the account of the Banks stating the proposed date of prepaymentExcept as set forth in Section 3.3(d), the Type of Borrowing being prepaid and the aggregate principal amount of the prepayment Borrowers may prepay, without penalty or premium, not later than 12:00 noon (ClevelandPittsburgh, Ohio Pennsylvania time): (i) in the case of any Term SOFR Rate Loan, upon at least three (3) U.S. Government Securities Business Days’ notice to the Lead Agent prior to the date fixed for such prepayment; and (ii) in the case of any Base Rate Loan, upon notice to the Lead Agent not later than 12:00 noon (Pittsburgh, Pennsylvania time) on the Business Day immediately preceding date fixed for such prepayment, in each case stating the Business Day on which such prepayment is to be made. Upon proposed date and aggregate principal amount of the prepayment, and, upon such notice, shall prepay the Borrower shall: (A) in respect outstanding aggregate principal amount of Alternate Base Rate the Revolving Credit Loans comprising part of the same Revolving Credit Borrowing, prepay the outstanding aggregate principal amount thereof Borrowing in whole or ratably in part and (B) in respect of LIBOR Rate Loans comprising part of the same Revolving Credit Borrowingpart, prepay the outstanding aggregate principal amount thereof in whole and the together with accrued interest accrued to the date of such prepayment on the principal amount of such Borrowing so prepaid; provided, however, that: that (IA) each partial prepayment of Alternate Base Term SOFR Rate Loans shall be (x) in an aggregate principal amount of One Hundred Thousand Three Million Dollars ($100,0003,000,000) or any multiple thereof or (y) in an amount equal to the aggregate principal amount additional increments of Alternate Base Rate Loans then outstanding, (II) each partial prepayment of LIBOR Rate Loans shall be (a) in an aggregate principal amount not less than One Million Dollars ($1,000,000)) in excess thereof, and (B) each partial prepayment of Base Rate Loans shall be in an aggregate principal amount of Five Hundred Thousand Dollars ($500,000) or an integral multiple additional increments of One Hundred Thousand Dollars ($100,000) in excess thereof or (b) in an amount equal to the aggregate principal amount of LIBOR Rate Loans then outstanding, and (III) any thereof. Any prepayment of any LIBOR Term SOFR Rate Loans made on any day other than the last day of an Interest Period shall obligate the Borrower Borrowers to reimburse the Bank Lenders in respect thereof pursuant to Section 0 3.3(d). Upon receipt by the Lead Agent of a notice pursuant to this AgreementSection 3.3(b), the Lead Agent shall promptly forward a copy of such notice, by telecopier or email in the case of a prepayment of Term SOFR Rate Loans comprising Revolving Credit Borrowing, to each of the Lenders.

Permitted Prepayments. The Borrower Borrowers may prepay all or any part of the Revolving Credit Loans by the Borrower Representative’s giving notice to the Administrative Agent for the account of the Banks stating the proposed date of prepayment, the Type of Revolving Credit Borrowing being prepaid and the aggregate principal amount of the prepayment prepayment: (i) not later than 12:00 noon 1:00 p.m. (ClevelandEastern Time) on any Business Day, Ohio timewith respect to Alternate Base Rate Loans and (ii) not later than 1:00 p.m. (Eastern Time) on the third Business Day immediately preceding prior to such prepayment, with respect to LIBOR Rate Loans. Thereafter, on the Business Day on which date of such prepayment is to be made. Upon such noticeprepayment, the Borrower Borrowers shall: (A) in respect prepay the aggregate outstanding principal amount of the Alternate Base Rate Loans comprising in whole or ratably in part of the same Revolving Credit Borrowing, as specified in such notice and (B) prepay the outstanding aggregate principal amount thereof in whole or ratably in part and (B) in respect of the LIBOR Rate Loans comprising part of the same Revolving Credit BorrowingBorrowing in whole or ratably in part as specified in such notice, prepay together with prepayment of interest on the outstanding aggregate principal amount thereof in whole and of the interest LIBOR Rate Loans comprising such Revolving Credit Borrowing so prepaid accrued to the date of such prepayment on the principal amount of such Borrowing so prepaidprepayment; provided, however, that: (I) each partial prepayment of Alternate Base Rate Loans shall be (x) in an the aggregate principal amount of not less than One Hundred Thousand Dollars ($100,000) or any multiple thereof or (y) in an amount equal to the aggregate principal amount of Alternate Base Rate Loans then outstanding), (II) each partial prepayment of LIBOR Rate Loans denominated in Dollars shall be (a) in an aggregate principal amount of not less than One Million Dollars ($1,000,000), or an integral multiple of One Hundred Thousand Million Dollars ($100,0001,000,000) in excess thereof or (b) in an amount equal to the aggregate principal amount of LIBOR Rate Loans then outstandingthereof, and (III) any prepayment of any LIBOR Rate Loans made on other than the last day of an Interest Period shall obligate the Borrower Borrowers to reimburse the Bank Lenders in respect thereof pursuant to Section 0 12.4 of this Agreement. Each prepayment of Revolving Credit Loans shall constitute only a prepayment and not a permanent reduction of the Revolving Credit Commitment of the Lenders.