Common use of Prepayment of Term Loans Clause in Contracts

Prepayment of Term Loans. The Borrower shall have the right at any time and from time to time to prepay, without penalty or premium (subject to Section 2.16), any Borrowing in whole or in part, subject to prior notice in accordance with paragraph (b) of this Section.

Appears in 2 contracts

Samples: First Amendment and Incremental Agreement (Fortune Brands Home & Security, Inc.), Credit Agreement (Fortune Brands Home & Security, Inc.)

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Prepayment of Term Loans. (a) The Borrower shall have the right at any time and from time to time to prepay, without penalty or premium (subject to Section 2.16), prepay any Borrowing in whole or in partpart and without penalty or premium, subject to prior notice in accordance with paragraph (bSection 2.10(b) and, in the case of this Sectiona Eurodollar Borrowing, payment in full of any applicable breakage costs pursuant to Section 2.15.

Appears in 2 contracts

Samples: Assignment and Assumption (Reynolds American Inc), Assignment and Assumption (Reynolds American Inc)

Prepayment of Term Loans. (a) The Borrower shall have the right at any time and from time to time to prepay, without penalty or premium (subject to Section 2.16), prepay any Borrowing in whole or in part, subject to prior notice in accordance with paragraph (b) of this Section.

Appears in 2 contracts

Samples: Term Loan Agreement (Perrigo Co), Term Loan Agreement (Perrigo Co)

Prepayment of Term Loans. (a) The Borrower shall have the right right, at its option and then only to the extent permitted by the Revolving Loan Documents, at any time and from time to time time, to prepay, without penalty or premium (subject to Section 2.16), any Borrowing prepay the Term Loans in whole or in part, subject to prior notice in accordance with paragraph (b) Section 2.06(c). Any prepayment of this Sectionthe Term Loans on or prior to July 5, 2007 shall be accompanied by the Prepayment Fee.

Appears in 1 contract

Samples: Term Loan and Guaranty Agreement (Kaiser Aluminum Corp)

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Prepayment of Term Loans. (a) The Borrower shall have the right at any time and from time to time to prepay, without penalty or premium (subject to Section 2.16), any Borrowing in whole or in part, subject to prior notice in accordance with paragraph (b) of this Section.

Appears in 1 contract

Samples: Credit Agreement (Fortune Brands Home & Security, Inc.)

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