Prepayments of Advances. The Borrower may, on notice given not later than 12:00 noon (New York City time) on the second Business Day prior to the date of the proposed prepayment of Advances (in the case of Eurodollar Rate Advances) or given not later than 12:00 noon (New York City time) on the Business Day of the proposed prepayment of Advances (in the case of Base Rate Advances), stating the proposed date and aggregate principal amount of the prepayment, and if such notice is given the Borrower shall, prepay, without penalty or premium, the outstanding principal amounts of the Advances comprising part of the same Borrowing in whole or ratably in part, together with accrued interest to the date of such prepayment on the principal amount prepaid; provided, however, that (x) each partial prepayment shall be in an aggregate principal amount not less than $5,000,000 or integral multiples of $1,000,000 in excess thereof and (y) in the case of any such prepayment of a Eurodollar Rate Advance on a day other than the last day of an Interest Period therefor, the Borrower shall reimburse the Lenders in respect thereof pursuant to Section 8.04(c). The Borrower shall have no right to prepay the Advances except as provided in this Section 2.11 (or as required pursuant to the other provisions of this Agreement). Each prepayment of a Borrowing shall be applied ratably to the Advances included in the prepaid Borrowing in such order of application as directed by the Borrower. Prepayments of Advances may not be reborrowed.
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Samples: Loan Agreement (Coca Cola Bottling Co Consolidated /De/), Loan Agreement (Coca Cola Bottling Co Consolidated /De/)
Prepayments of Advances. (a) The Borrower shall have no right to prepay any principal amount of any Advances other than as provided in subsection (b) below.
(b) The Borrower may, on notice given to the Administrative Agent by telephone (confirmed by facsimile) or by facsimile not later than 12:00 noon (New York City time) P.M. on the second third U.S. Government Securities Business Day prior to the date of the proposed prepayment of Advances (in the case of Eurodollar Rate SOFR Advances) or given not later than 12:00 noon (New York City time) P.M. on the Business Day of the proposed prepayment of Advances (in the case of Base Rate Advances), stating the proposed date and aggregate principal amount of the prepayment, and if such notice is given the Borrower shall, prepay, without penalty or premium, prepay the outstanding principal amounts of the Advances comprising part of the same Borrowing in whole or ratably in part, together with accrued interest to the date of such prepayment on the principal amount prepaid; provided, however, provided that (x) each partial prepayment shall be in an aggregate principal amount not less than of $5,000,000 10,000,000 or an integral multiples multiple of $1,000,000 in excess thereof and thereof; (y) in the case of any such prepayment of a Eurodollar Rate SOFR Advance on a day other than the last day of an Interest Period therefor, the Borrower shall reimburse the Lenders in respect thereof pursuant to Section 8.04(c8.04(d). The Borrower shall have no right to prepay ; and
(c) any such notice may be conditioned on the Advances except as provided in this Section 2.11 (effectiveness of one or as required pursuant to the more other provisions of this Agreement). Each prepayment of a Borrowing shall be applied ratably to the Advances included in the prepaid Borrowing in such order of application as directed by the Borrower. Prepayments of Advances may not be reborrowedfinancing arrangements.
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Samples: Revolving Credit Agreement (Cna Financial Corp), Revolving Credit Agreement (Cna Financial Corp)
Prepayments of Advances. (a) The Borrower may, on notice given not later than 12:00 noon (New York City time) on the second Business Day prior to the date of the proposed prepayment of Advances (in the case of an Eurodollar Rate Advances) or given not later than 12:00 noon (New York City time) on the Business Day of the proposed prepayment of Advances (in the case of Base Rate Advances), stating the proposed date and aggregate principal amount of the prepayment, and if such notice is given the Borrower shall, prepay, without penalty or premium, prepay the outstanding principal amounts of the Advances comprising part of the same Borrowing in whole or ratably in part, together with accrued interest to the date of such prepayment on the principal amount prepaid; provided, however, that (x) each partial prepayment shall be in an aggregate principal amount not less than $5,000,000 10,000,000 or integral multiples of $1,000,000 in excess thereof and (y) in the case of any such prepayment of a Eurodollar Rate Advance on a day other than the last day of an Interest Period therefor, the Borrower shall reimburse the Lenders in respect thereof pursuant to Section 8.04(c). .
(b) The Borrower shall have no right to forthwith prepay the Advances except as provided Advances, together with accrued interest to the date of prepayment and any amounts payable in this Section 2.11 (or as required respect thereof pursuant to Section 8.04(c), in such amount as may be required at any time to assure that the other provisions aggregate outstanding principal amount of this Agreement). Each prepayment of a Borrowing shall be applied ratably to the Advances included in does not exceed the prepaid Borrowing in such order aggregate amount of application as directed by the Borrower. Prepayments of Advances may not be reborrowedCommitments.
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Prepayments of Advances. (a) The Borrower shall have no right to prepay any principal amount of any Advances other than as provided in subsection (b) below.
(b) The Borrower may, on notice given not later than 12:00 noon P.M. (New York City time) on the second Business Day prior to the date of the proposed prepayment of Advances (in the case of an Eurodollar Rate Advances) or given not later than 12:00 noon P.M. (New York City time) on the Business Day of the proposed prepayment of Advances (in the case of Base Rate Advances), stating the proposed date and aggregate principal amount of the prepayment, and if such notice is given the Borrower shall, prepay, without penalty or premium, prepay the outstanding principal amounts of the Advances comprising part of the same Borrowing in whole or ratably in part, together with accrued interest to the date of such prepayment on the principal amount prepaid; provided, however, that (x) each partial prepayment shall be in an aggregate principal amount not less than $5,000,000 10,000,000 or integral multiples of $1,000,000 in excess thereof and (y) in the case of any such prepayment of a Eurodollar Rate Advance on a day other than the last day of an Interest Period therefor, the Borrower shall reimburse the Lenders in respect thereof pursuant to Section 8.04(c). The Borrower shall have no right to prepay the Advances except as provided in this Section 2.11 (or as required pursuant to the other provisions of this Agreement). Each prepayment of a Borrowing shall be applied ratably to the Advances included in the prepaid Borrowing in such order of application as directed by the Borrower. Prepayments of Advances may not be reborrowed.
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Prepayments of Advances. (a) The Borrower shall have no right to prepay any principal amount of any Advances other than as provided in subsection (b) below.
(b) The Borrower may, on notice given not later than 12:00 noon 11:00 A.M. (New York City time) on the second Business Day prior to the date of the proposed prepayment of Advances (in the case of an Eurodollar Rate Advances) or given not later than 12:00 noon 11:00 A.M. (New York City time) on the Business Day of the proposed prepayment of Advances (in the case of Base Rate Advances), stating the proposed date and aggregate principal amount of the prepayment, and if such notice is given the Borrower shall, prepay, without penalty or premium, prepay the outstanding principal amounts of the Advances comprising part of the same Borrowing in whole or ratably in part, together with accrued interest to the date of such prepayment on the principal amount prepaid; provided, however, that (x) each partial prepayment shall be in an aggregate principal amount not less than $5,000,000 or integral multiples of $1,000,000 in excess thereof and (y) in the case of any such prepayment of a Eurodollar Rate Advance on a day other than the last day of an Interest Period therefor, the Borrower shall reimburse the Lenders in respect thereof pursuant to Section 8.04(c). The Borrower shall have no right to prepay the Advances except as provided in this Section 2.11 (or as required pursuant to the other provisions of this Agreement). Each prepayment of a Borrowing shall be applied ratably to the Advances included in the prepaid Borrowing in such order of application as directed by the Borrower. Prepayments of Advances may not be reborrowed.
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Prepayments of Advances. The Any Borrower may, on upon notice given not to the Administrative Agent no later than 12:00 noon (New York City time) on the second Business Day prior to the date of the proposed prepayment of Advances (in the case of Eurodollar Rate Advances) or given not later than 12:00 noon 11:00 a.m. (New York City time) on the Business Day of the proposed date of the prepayment of Advances (in the case of Alternate Base Rate Advances and on the third Business Day prior to the proposed date of the prepayment in the case of Eurodollar Rate Advances or Quoted Rate Advances), in each case stating the proposed date and aggregate principal amount of the prepayment, and if such notice is given the such Borrower shall, prepay, without penalty or premium, prepay the outstanding principal amounts amount of the Advances owed by such Borrower comprising part of the same Borrowing in whole or ratably in part, together with accrued interest to the date of such prepayment on the principal amount prepaid; provided, however, that (x) each partial prepayment shall be in an aggregate principal amount not less than $5,000,000 or an integral multiples multiple of $1,000,000 in excess thereof and thereof, (y) in the case event of any such prepayment of a Eurodollar Rate Advance on a day other than the last day of an Interest Period thereforAdvance, the such Borrower shall be obligated to reimburse the Lenders in respect thereof pursuant to Section 8.04(c). The 2.23 and (z) such Borrower shall have no right not be required to prepay comply with the Advances except as provided in this Section 2.11 notice requirements set forth above or clause (or as required pursuant to the other provisions x) of this Agreement). Each prepayment proviso, in each case, with respect to Advances prepaid in connection with the Term Loan Prepayment.
(d) Section 5.03(a) of a Borrowing shall be applied ratably the Credit Agreement is amended in its entirety to the Advances included in the prepaid Borrowing in such order of application read as directed by the Borrower. Prepayments of Advances may not be reborrowed.follows:
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Prepayments of Advances. (a) The Borrower shall have no right to prepay any principal amount of any Advances other than as provided in subsection (b) below.
(b) The Borrower may, on notice given to the Administrative Agent by telephone (confirmed by telecopy) or by telecopy not later than 12:00 noon P.M. (New York City time) on the second Business Day prior to the date of the proposed prepayment of Advances (in the case of a Eurodollar Rate Advances) or given not later than 12:00 noon P.M. (New York City time) on the Business Day of the proposed prepayment of Advances (in the case of Base Rate Advances), stating the proposed date and aggregate principal amount of the prepayment, and if such notice is given the Borrower shall, prepay, without penalty or premium, prepay the outstanding principal amounts of the Advances comprising part of the same Borrowing in whole or ratably in part, together with accrued interest to the date of such prepayment on the principal amount prepaid; provided, however, that (x) each partial prepayment shall be in an aggregate principal amount not less than of $5,000,000 10,000,000 or an integral multiples multiple of $1,000,000 in excess thereof and (y) in the case of any such prepayment of a Eurodollar Rate Advance on a day other than the last day of an Interest Period therefor, the Borrower shall reimburse the Lenders in respect thereof pursuant to Section 8.04(c). The Borrower shall have no right to prepay the Advances except as provided in this Section 2.11 (or as required pursuant to the other provisions of this Agreement). Each prepayment of a Borrowing shall be applied ratably to the Advances included in the prepaid Borrowing in such order of application as directed by the Borrower. Prepayments of Advances may not be reborrowed.
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Prepayments of Advances. The Borrower may, on notice given not later than 12:00 noon 11:00 a.m. (New York City time) on the second Business Day prior to the date of the proposed prepayment of Advances (in the case of an Eurodollar Rate Advances) or given not later than 12:00 noon 11:00 a.m. (New York City time) on the Business Day of the proposed prepayment of Advances (in the case of Base Rate Advances), stating the proposed date and aggregate principal amount of the prepayment, and if such notice is given the Borrower shall, prepay, without penalty or premium, prepay the outstanding principal amounts of the Advances comprising part of the same Borrowing in whole or ratably in Table of Contents part, together with accrued interest to the date of such prepayment on the principal amount prepaid; provided, however, that (x) each partial prepayment shall be in an aggregate principal amount not less than $5,000,000 or integral multiples of $1,000,000 in excess thereof and (y) in the case of any such prepayment of a Eurodollar Rate Advance on a day other than the last day of an Interest Period therefor, the Borrower shall reimburse the Lenders in respect thereof pursuant to Section 8.04(c). The Borrower shall have no right to prepay the Advances except as provided in this Section 2.11 2.10 (or as required pursuant to the other provisions of this Agreement). Each prepayment of a Borrowing shall be applied ratably to the Advances included in the prepaid Borrowing in such order of application as directed by the Borrower. Prepayments of Advances may not be reborrowed.
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Samples: Credit Agreement (Coca Cola Bottling Co Consolidated /De/)
Prepayments of Advances. (a) The Borrower shall have no right to prepay any principal amount of any Advances other than as provided in subsection (b) below.
(b) The Borrower may, on notice given to the Administrative Agent by telephone (confirmed by telecopy) or by telecopy not later than 12:00 noon (New York City time) P.M. on the second Business Day prior to the date of the proposed prepayment of Advances (in the case of a Eurodollar Rate Advances) or given not later than 12:00 noon (New York City time) P.M. on the Business Day of the proposed prepayment of Advances (in the case of Base Rate Advances), stating the proposed date and aggregate principal amount of the prepayment, and if such notice is given the Borrower shall, prepay, without penalty or premium, prepay the outstanding principal amounts of the Advances comprising part of the same Borrowing in whole or ratably in part, together with accrued interest to the date of such prepayment on the principal amount prepaid; provided, however, provided that (x) each partial prepayment shall be in an aggregate principal amount not less than of $5,000,000 10,000,000 or an integral multiples multiple of $1,000,000 in excess thereof and thereof; (y) in the case of any such prepayment of a Eurodollar Rate Advance on a day other than the last day of an Interest Period therefor, the Borrower shall reimburse the Lenders in respect thereof pursuant to Section 8.04(c). The Borrower shall have no right to prepay ; and (c) any such notice may be conditioned on the Advances except as provided in this Section 2.11 (effectiveness of one or as required pursuant to the more other provisions of this Agreement). Each prepayment of a Borrowing shall be applied ratably to the Advances included in the prepaid Borrowing in such order of application as directed by the Borrower. Prepayments of Advances may not be reborrowedfinancing arrangements.
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