Prepayment of Term Loans. (a)(i) The City may prepay or cause to be prepaid the amount of any Term Loan outstanding in whole or in part with accrued interest to the date of such repayment on the amount prepaid. Any prepayment in part under this Section 4.4(a)(i) shall be applied by the Bank to (1) the Term Loans in inverse order of the Drawing Dates related to Term Loans and (2) the remaining Principal Payments relating to each Term Loan prepaid in inverse order of the date of such Principal Payment.
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Samples: Letter of Credit and Reimbursement Agreement, Credit and Reimbursement Agreement, Credit and Reimbursement Agreement
