Common use of Prepayment of Term Loans Clause in Contracts

Prepayment of Term Loans. (i) Borrower shall have the option, at any time after the Closing Date, to prepay, in whole or in part (in multiples of not less than $20,000,000 or such lesser amount as may then be outstanding), the Term Loans advanced by Lenders under this Agreement; provided that (A) Borrower provides written notice to the Collateral Agent of its election (which shall be irrevocable unless the Collateral Agent otherwise consents in writing) to prepay all or the applicable portion of the Term Loans, which notice shall include the amount of the Term Loans to be prepaid (or such remaining outstanding portion thereof) at least five (5) Business Days prior to such prepayment, and (B) such prepayment shall be accompanied by any and all accrued and unpaid interest on the aggregate principal amount to be prepaid to the date of prepayment and any amounts payable solely with respect to the prepayment of such principal amount under this Section 2.2(c)(i) pursuant to Section 2.2(e), Section 2.2(f) and Section 2.7(b), and all other amounts payable or accrued and not yet paid under this Agreement and the other Loan Documents. The Collateral Agent will promptly notify each Lender of its receipt of such notice.

Prepayment of Term Loans. (i) Borrower shall have the option, at any time after the Closing Effective Date, to prepay, in whole or in part (in multiples of not less than $20,000,000 or such lesser amount as may then be outstanding), prepay the Term Loans advanced by Lenders under this Agreement, in whole but not in part; provided that (A) Borrower provides written notice to the Collateral Agent of its election (which shall be irrevocable unless the Collateral Agent otherwise consents in writing) to prepay all or the applicable portion of the Term Loans, which notice shall include the amount of the outstanding aggregate principal amount of the Term Loans to be prepaid (or such remaining outstanding portion thereof) prepaid, at least five (5) Business Days prior to such prepayment, and (B) the prepayment of such prepayment principal shall be accompanied by any and all accrued and unpaid interest on the aggregate principal amount to be prepaid to thereon through the date of prepayment and any amounts payable solely in connection with respect to the such prepayment of such principal amount under this Section 2.2(c)(i) pursuant to Section 2.2(e), ) and Section 2.2(f) and Section 2.7(b(as applicable), together with any and all other amounts payable or accrued and not yet paid under this Agreement and the other Loan Documents. The Collateral Agent will promptly notify each Lender of its receipt of such noticenotice and the amount of such Lender’s Applicable Percentage of such prepayment.

Prepayment of Term Loans. (i) Borrower shall have the option, at any time after the Closing Date, to prepay, in whole or in part (in multiples of not less than $20,000,000 or such lesser amount as may then be outstanding), prepay the Term Loans advanced by Lenders under this Agreement, in whole but not in part; provided that (A) Borrower provides written notice to the Collateral Agent of its election (which shall be irrevocable unless the Collateral Agent otherwise consents in writing) to prepay all or the applicable portion of the Term Loans, which notice shall include the amount of the outstanding aggregate principal amount of the Term Loans to be prepaid (or such remaining outstanding portion thereof) prepaid, at least five (5) Business Days prior to such prepayment, and (B) the prepayment of such prepayment principal shall be accompanied by any and all accrued and unpaid interest on the aggregate principal amount to be prepaid to thereon through the date of prepayment and any amounts payable solely in connection with respect to the such prepayment of such principal amount under this Section 2.2(c)(i) pursuant to Section 2.2(e), ) and Section 2.2(f) and Section 2.7(b(as applicable), together with any and all other amounts payable or accrued and not yet paid under this Agreement and the other Loan Documents. The Collateral Agent will promptly notify each Lender of its receipt of such noticenotice and the amount of such Lender’s Applicable Percentage of such prepayment.

Prepayment of Term Loans. (i) Borrower shall have the option, at any time after the Tranche A Closing Date, to prepay, in whole or in part (in multiples of not less than $20,000,000 [**] or such lesser amount as may then be outstanding), the Term Loans advanced by Lenders under this Agreement; provided that (A) Borrower provides written notice to the Collateral Agent of its election (which shall be irrevocable unless the Collateral Agent otherwise consents in writing) to prepay all or the applicable portion of the Term Loans, which such notice shall include the amount of the Term Loans to be prepaid (or such remaining outstanding portion thereof) prepaid, at least five (5) [**] Business Days prior to such prepayment, and (B) such prepayment shall be accompanied by any and all accrued and unpaid interest on the aggregate principal amount to be prepaid to the date of prepayment and any amounts payable solely with respect to the prepayment of such principal amount under this Section 2.2(c)(i) pursuant to Section 2.2(e), ) or Section 2.2(f) and Section 2.7(b(as applicable), and and, in the case of a prepayment in whole of the Term Loans, all other amounts payable or accrued and not yet paid under this Agreement and the other Loan Documents. The Collateral Agent will promptly notify each Lender of its receipt of such notice, and the amount of such Lender’s Applicable Percentage of such prepayment.

Prepayment of Term Loans. (i) Borrower shall have the option, at any time after the Closing Date, to prepay, in whole or in part (in an amount not less than $10,000,000 and in multiples of not less than $20,000,000 5,000,000 thereafter or such lesser amount as may then be outstanding), the Term Loans advanced by Lenders under this Agreement; provided that (A) Borrower provides written notice to the Collateral Agent of its election (which shall be irrevocable unless the Collateral Agent otherwise consents in writing) to prepay all or the applicable portion of the Term Loans, which such notice shall include the amount of the Term Loans to be prepaid (or such remaining outstanding portion thereof) prepaid, at least five (5) Business Days prior to such prepayment, and (B) such prepayment shall be accompanied by any and all accrued and unpaid interest on the aggregate principal amount to be prepaid to the date of prepayment and any amounts payable solely with respect to the prepayment of such principal amount under this Section 2.2(c)(i) pursuant to Section 2.2(e), ) or Section 2.2(f) and Section 2.7(b(as applicable), and and, in the case of a prepayment in whole of the Term Loans, all other amounts payable or accrued and not yet paid under this Agreement and the other Loan Documents. The Collateral Agent will promptly notify each Lender of its receipt of such notice, and the amount of such Lender’s Applicable Percentage of such prepayment.

Prepayment of Term Loans. (i) Borrower shall have the option, at any time after the Closing Date, to prepay, in whole or but not in part (in multiples of not less than $20,000,000 or such lesser amount as may then be outstanding)part, the Term Loans advanced by Lenders under this Agreement; provided that (A) Borrower provides written notice to the Collateral Agent of its election (which shall be irrevocable unless the Collateral Agent otherwise consents in writing) to prepay all or the applicable portion of the Term Loans, which notice shall include the amount of the outstanding aggregate principal amount of the Term Loans to be prepaid (or such remaining outstanding portion thereof) prepaid, at least five (5) Business Days prior to such prepayment, and (B) the prepayment of such prepayment principal shall be accompanied by any and all accrued and unpaid interest on the aggregate principal amount to be prepaid to thereon through the date of prepayment and any amounts payable solely in connection with respect to the such prepayment of such principal amount under this Section 2.2(c)(i) pursuant to Section 2.2(e), ) and Section 2.2(f) and Section 2.7(b(as applicable), together with any and all other amounts payable or accrued and not yet paid under this Agreement and the other Loan Documents. The Collateral Agent will promptly notify each Lender of its receipt of such noticenotice and the amount of such Lender’s Applicable Percentage of such prepayment.

Prepayment of Term Loans. (i) Borrower shall have the option, at any time after the Closing Date, to prepay, in whole or in part (in an amount not less than $50,000,000 and in multiples of not less than $20,000,000 5,000,000 thereafter or such lesser amount as may then be outstanding), the Term Loans advanced by Lenders under this Agreement; provided that (A) Borrower provides written notice to the Collateral Agent of its election (which shall be irrevocable unless the Collateral Agent otherwise consents in writing) to prepay all or the applicable portion of the Term Loans, which such notice shall include the amount of the Term Loans to be prepaid (or such remaining outstanding portion thereof) prepaid, at least five (5) Business Days prior to such prepayment, and (B) such prepayment shall be accompanied by any and all accrued and unpaid interest on the aggregate principal amount to be prepaid to the date of prepayment and any amounts payable solely with respect to the prepayment of such principal amount under this Section 2.2(c)(i) pursuant to Section 2.2(e), ) or Section 2.2(f) and Section 2.7(b(as applicable), and and, in the case of a prepayment in whole of the Term Loans, all other amounts payable or accrued and not yet paid under this Agreement and the other Loan Documents. The Collateral Agent will promptly notify each Lender of its receipt of such notice, and the amount of such Lender’s Applicable Percentage of such prepayment.

Prepayment of Term Loans. (i) Borrower shall have the option, at any time after the Closing Date, to prepay, in whole or in part (in multiples increments of not less than $20,000,000 or such lesser amount as may then be outstanding)50 million of outstanding principal thereunder, the Term Loans advanced by Lenders under this AgreementAgreement in accordance with the terms of the Term Loan Notes; provided that (A) Borrower provides written notice to the Collateral Agent of its election (which shall be irrevocable unless the Collateral Agent otherwise consents in writing) to prepay all or the applicable such portion of the Term LoansLoans in accordance with the terms of the Term Loan Notes, which notice shall include the amount of the outstanding aggregate principal amount of the Term Loans Loan Notes to be prepaid (or such remaining outstanding portion thereof) at least five (5) Business Days prior to such prepayment, and (B) the prepayment of such prepayment principal shall be accompanied by any and all accrued and unpaid interest on the aggregate principal amount to be prepaid to thereon through the date of prepayment and any and all amounts payable solely in connection with respect to the such prepayment of such principal amount under this Section 2.2(c)(i) pursuant to Section 2.2(e), Section 2.2(f) and Section 2.7(b)) (as applicable) and, in the case of a prepayment in whole, any and all other amounts payable or accrued and not yet paid under this Agreement and the other Loan DocumentsDocuments (including pursuant to Section 2.4). The Collateral Agent will promptly notify each Lender of its receipt of such notice, and the amount of such Lender’s Applicable Percentage of such prepayment.