Prepayment - Miscellaneous Sample Clauses
Prepayment - Miscellaneous. (a) No prepayment of any Secured Debt is permitted except in accordance with the express terms of this Agreement and the applicable Secured Debt Instruments.
(b) Except for revolving loans (and to the extent of any reinstatement of an available amount to be drawn under a letter of credit) made under any Secured Debt Instrument, no amount pre-paid under a Secured Debt Instrument may be subsequently re-borrowed.
(c) Each prepayment of Secured Debt (including any prepayment in accordance with Section 2.6(b)(ii) (Replacement Debt)) shall be made:
(i) together with accrued interest on the amount pre-paid and any applicable Break Costs; and
(ii) without any penalty or premium (other than any premium required under any Indenture, any Senior Debt Instrument relating to Senior Bonds or any Senior Debt Instrument relating to any Indebtedness that contemplates any such premium or penalty).
Prepayment - Miscellaneous. Subject to the other provisions of this Agreement (including, without limitation Section (2) of this Article IV), (i) any notice to prepay given by the Borrower under this Agreement shall be irrevocable and shall constitute an irrevocable obligation to prepay the amount set forth in such notice and (ii) all prepayments shall, subject to the provisions of Article XI of this Agreement, be made without premium or penalty. Amounts prepaid under this Agreement may not be re-borrowed. Any and all prepayments made under this Agreement shall be applied to the Repayment Installments of the principal of the Loan in the inverse order of their maturity and shall be in an amount equal to the Repayment Installment or Repayment Installments against which such prepayment is to be applied pursuant to this Section (4).