Prepayment of Revolving Loans Sample Clauses

Prepayment of Revolving Loans. (a) Each Borrower shall have the right at any time and from time to time to prepay any Revolving Borrowing in whole or in part, subject to prior notice in accordance with paragraph (b) of this Section. The applicable Borrower shall notify the Administrative Agent (and, in the case of prepayment of a Swingline Loan, the Swingline Lender) by telephone (confirmed by telecopy) of any prepayment hereunder (i) in the case of prepayment of a Eurodollar Revolving Borrowing, not later than 11:00 a.m., Eastern time, three Business Days before the date of prepayment, (ii) in the case of prepayment of an ABR Revolving Borrowing, not later than 11:00 a.m., Eastern time, one Business Day before the date of prepayment or (iii) in the case of prepayment of a Swingline Loan, not later than 12:00 noon, Eastern time, on the date of prepayment. Each such notice shall be irrevocable and shall specify the prepayment date and the principal amount of each Revolving Borrowing or portion thereof to be prepaid; provided that, if a notice of prepayment is given in connection with a conditional notice of termination of the Revolving Credit Commitments as contemplated by Section 2.09, then such notice of prepayment may be revoked if such notice of termination is revoked in accordance with Section 2.09. Promptly following receipt of any such notice relating to a Revolving Borrowing, the Administrative Agent shall advise the Revolving Credit Lenders of the contents thereof. Each partial prepayment of any Revolving Borrowing shall be in an amount that would be permitted in the case of an advance of a Revolving Borrowing of the same Type as provided in Section 2.02. Each prepayment of a Revolving Borrowing shall be applied ratably to the Revolving Loans included in the prepaid Revolving Borrowing. Prepayments shall be accompanied by accrued interest to the extent required by Section 2.13 and amounts required to paid pursuant to Section 2.16. (b) If at any time the Revolving Credit Outstandings exceed the Revolving Credit Commitment, then the Borrowers shall repay immediately upon notice from the Administrative Agent, by payment to the Administrative Agent for the account of the Revolving Credit Lenders, Revolving Credit Outstandings in an amount equal to such excess with each such repayment applied first, to the principal amount of outstanding Swingline Loans, second to the principal amount of outstanding Revolving Loans and third, with respect to any Letters of Credit then outstanding, a ...

Prepayment of Revolving Loans. Subject to Section 2.9 hereof, the Authority may prepay any Revolving Loan, in whole or in part, on any Business Day provided at least three (3) days’ written notice is provided by the Authority to the Lender. Each such notice of optional prepayment shall be irrevocable and shall bind the Authority to make such prepayment in accordance with such notice. All prepayments of principal shall include accrued interest to the date of prepayment and all other amounts due pursuant to this Agreement.

Prepayment of Revolving Loans. In the event and on each occasion that the aggregate outstanding principal amount of Revolving Loans of any Class exceeds the aggregate Revolving Commitments of such Class, the Revolving Borrowers shall prepay Borrowings of Revolving Loans of such Class in an aggregate amount equal to such excess.

Prepayment of Revolving Loans. (a) The Borrower shall have the right at any time and from time to time to prepay any Borrowing in whole or in part, subject to the requirements of this Section. (b) In the event of any partial reduction or termination of the Commitments, then (i) at or prior to the date of such reduction or termination, the Administrative Agent shall notify the Borrower and the Lenders of the Aggregate Credit Exposures after giving effect thereto, and (ii) if such sum would exceed the total Commitments after giving effect to such reduction or termination, then the Borrower shall, on the date of such reduction or termination, prepay Revolving Borrowings, and/or cash collateralize the Letter of Credit Exposure, in an amount sufficient to eliminate such excess.

Prepayment of Revolving Loans. Borrower may, upon at least (1) ----------------------------- one Business Day's written notice to Agent and each Lender, prepay any Revolving Loan prior to the last day of the Interest Period therefor, in whole or in part, provided that (i) Borrower shall pay all accrued interest to the date of such prepayment on the amount prepaid, (ii) if Borrower makes a prepayment of any LIBOR Loan, whether voluntarily or involuntarily, Borrower shall pay the Breakage Costs specified in Section 5.4 hereof. -----------

Prepayment of Revolving Loans. Borrower shall have prepaid all Revolving Loans in an amount in excess of the Borrowing Availability after giving effect to this Amendment.

Prepayment of Revolving Loans. The Borrower shall have deposited with the Administrative Agent, in immediately available funds, for application to the Revolving Loans, such amount as is required to reduce the total outstanding principal amount of the Loans to $100,000,000.

Prepayment of Revolving Loans. The Borrower shall prepay to the Lender in full on the ninth (9th) month anniversary of the Closing Date (unless prepaid or repayable sooner by acceleration or as otherwise set forth herein) the aggregate principal amount of Revolving Loans outstanding on such date plus all accrued interest thereon, unless the Lender agrees otherwise in writing.

Prepayment of Revolving Loans. 16 SECTION 2.8 PAYMENTS GENERALLY; PRO RATA TREATMENT; SHARING OF SETOFFS...................................................16

Prepayment of Revolving Loans. (a) The Borrower shall have the right at any time and from time to time to prepay any borrowing in whole or in part, subject to the requirements of this Section. (b) In the event and on each occasion that any Net Proceeds are received by or on behalf of Borrower or any Subsidiary in respect of a Prepayment Event described in clause (a) of the definition of the term “Prepayment Event”, the Borrower shall, within three Business Days (c) In the case of a Prepayment Event described in clause (b) of the definition of the term “Prepayment Event,” the Borrower shall prepay all outstanding amounts of Revolving Loans under the Facility on the date of any such Prepayment Event.