Prepayments Commitment Reductions Sample Clauses

Prepayments Commitment Reductions. (a) Each Borrower may at any time prepay the Advances made to it, in whole or in part, without premium or penalty; provided that such Borrower shall give the Lender irrevocable written notice of each such prepayment at or prior to 1:00 p.m. New York City time on the date of such prepayment, in the case of Base Rate Advances or Federal Funds Rate Advances, or at or prior to 1:00 p.m. New York City time on the date three Business Days prior to the date of such prepayment, in the case of Eurodollar Rate Advances, in each case specifying the date and amount of prepayment. If any such notice is given, the amount specified in such notice shall be due and payable on the date specified therein together with the accrued interest on the amounts prepaid and all amounts, if any, payable under Section 2.6(e), 2.7(b) and 2.

Prepayments Commitment Reductions. 5358 Section 2.12

Prepayments Commitment Reductions. 1 4.2 Maturity; Surrender, Etc........................................1 4.3 Notices.........................................................1 4.4

Prepayments Commitment Reductions. (a) In accordance with Section 3.2 of the Master Agreement, the Borrower may at any time terminate, or from time to time reduce, the Tranche B Loan Commitments and, to the extent required by Section 3.3 of the Master Agreement, shall terminate or reduce such Tranche B Loan Commitments in the manner set forth in the Master Agreement. Any cancellation or reduction of Tranche B Loan Commitments in accordance with Sections 3.2 or 3.3 of the Master Agreement of less than all of such Tranche B Loan Commitments shall be allocated pro rata to the holders thereof and shall reduce pro rata the remaining funding obligations set forth in Schedule II hereto. (b) In accordance with Section 4.3 of the Master Agreement, the Borrower may, at any time, voluntarily prepay the Tranche B Loans and, to the extent required by Section 4.2 of the Master Agreement, shall prepay such Tranche B Loans in the manner set forth in the Master Agreement. Any prepayment under Section 4.2 of the Master Agreement of the Tranche B Loans shall be allocated ratably among the holders thereof and applied ratably across the maturities therein. Any prepayment under Sections 4.3 of the Master Agreement of less than all of the Tranche B Loans outstanding shall be applied (i) at the option of the Borrower, ratably among the holders thereof and ratably across the maturities therein if such prepayment, when taken with all other prepayments of Tranche B Loans (including prepayments under Section 4.1(c) below) shall be less than or equal to $80,000,000 at such time, and otherwise (ii) in inverse order of maturity. (c) On each Repayment Date to and including the Repayment Date immediately prior to the Tranche B Final Maturity Date, the Borrower will prepay the principal amount (or such lesser principal amount as shall then be outstanding) of the Notes set forth in Schedule III hereto respectively for such date at the principal amount thereof plus accrued interest and without payment of the Make-Whole Amount or any other premium, PROVIDED that upon any partial prepayment or purchase of such Notes pursuant to Section 4.2 or 4.3 of the Master Agreement, the principal amount of each scheduled prepayment of the Notes becoming due under this Section 4.1(c) on and after the date of such partial prepayment shall be reduced in the manner set forth in Section 4.1(b) above.

Prepayments Commitment Reductions