Common use of Prepayment of Revolving Loans Clause in Contracts

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.

Appears in 5 contracts

Samples: Credit Agreement (Hawaiian Electric Industries Inc), Credit Agreement (Hawaiian Electric Industries Inc), Credit Agreement (Hawaiian Electric Co Inc)

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Prepayment of Revolving Loans. (a) The Any Borrower shall have the right at any time and from time to time to prepay any Borrowing of such Borrower in whole or in part, subject to the requirements (i) prior notice in accordance with paragraph (c) of this SectionSection and (ii) in the case of a Eurocurrency Loan, reimbursement of any breakage costs if prepayment occurs other than at the end of an Interest Period.

Appears in 2 contracts

Samples: Credit Agreement (Valspar Corp), Credit Agreement (Valspar Corp)

Prepayment of Revolving Loans. (a) The Borrower Borrowers shall have the right at any time and from time to time to prepay any Revolving Borrowing in whole or in part, subject to the requirements prior notice in accordance with paragraph (c) of this SectionSection and payment of any amounts required under Section 2.14; provided that the Borrower shall not have the right to prepay any Competitive Loan without the prior consent of the Lender thereof.

Appears in 2 contracts

Samples: Credit Agreement (NNG Inc), NNG Inc

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 SectionAgreement, including, without limitation, Section 3.06.

Appears in 1 contract

Samples: Credit Agreement (Lecroy Corp)

Prepayment of Revolving Loans. (a) The Borrower shall have the right at any time and from time to time to prepay any Borrowing 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

Appears in 1 contract

Samples: Credit Agreement (Altera Infrastructure L.P.)

Prepayment of Revolving Loans. (a) The 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 the requirements of this Section.

Appears in 1 contract

Samples: Credit Agreement (Splitrock Services Inc)

Prepayment of Revolving Loans. (a) The Borrower shall have the right at any time and from time to time to prepay any Borrowing Revolving Loan in whole or in part, subject to the requirements of this Section.

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (SyntheMed, Inc.)

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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 prior notice in accordance with paragraph (b) of this Section.

Appears in 1 contract

Samples: Servicing Agreement (Navistar Financial Corp)

Prepayment of Revolving Loans. (a) The Borrower shall have the right at any time and from time to time to prepay any Borrowing borrowing in whole or in part, subject to the requirements of this Section.

Appears in 1 contract

Samples: Execution Version Credit Agreement (Altera Infrastructure L.P.)

Prepayment of Revolving Loans. (a) The Borrower shall have the right at any time and from time to time to prepay prepay, without penalty, any Borrowing in whole or in part, subject to the requirements prior notice in accordance with paragraph (b) of this Section, and subject to Section 2.15, if applicable.

Appears in 1 contract

Samples: Revolving Credit Agreement (Nexpoint Multifamily Capital Trust, Inc.)

Prepayment of Revolving Loans. (a) The Borrower Borrowers shall have the right at any time and from time to time to prepay any Revolving Borrowing in whole or in part, subject to the requirements prior notice in accordance with paragraph (b) of this SectionSection 10.11.

Appears in 1 contract

Samples: Credit Agreement (Hemisphere Media Group, Inc.)

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