Common use of Prepayments of Revolving Advances Clause in Contracts

Prepayments of Revolving Advances. (a) The Borrower --------------------------------- shall have no right to prepay any principal amount of any Revolving Advances other than as provided below. (b) The Borrower may, upon at least three Business Days' notice in the case of Eurocurrency Rate Advances, and one Business Day's notice given not later than 11:00 A.M. (New York City time), in the case of Base Rate Advances, to the Administrative Agent stating the proposed date and aggregate principal amount of the prepayment, and if such notice is given the Borrower shall, prepay the outstanding principal amounts of the Revolving Advances comprising part of the same Revolving 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 the equivalent thereof in an Alternative Currency (determined on the date notice of repayment is given in accordance with Section 2.18) or an integral multiple of $1,000,000 or the equivalent thereof in an Alternative Currency (determined on the date notice of repayment is given in accordance with Section 2.18) in excess thereof and (y) in the event of any such prepayment of a Eurocurrency Rate Advance, the Borrower shall be obligated to reimburse the Lenders in respect thereof to the extent required by Section 8.04(c). (c) The Borrower shall, on each Business Day, prepay an aggregate principal amount of the Revolving Advances comprising part of the same Revolving Borrowings equal to the amount by which the aggregate principal amount of the Advances then outstanding exceeds the aggregate Commitments of the Lenders on such Business Day. For purposes of this subsection (c), the aggregate principal amount of Eurocurrency Rate Advances denominated in any Alternative Currency shall be determined in Dollars as set forth in Section 2.18. The Administrative Agent shall give prompt notice of any prepayment required under this Section 2.09(c) to the Borrower and the Lenders.

Prepayments of Revolving Advances. (a) The Borrower --------------------------------- shall have no right to prepay any principal amount of any Revolving Advances other than as provided below. (b) The Borrower may, upon at least three Business Days' notice in the case of Eurocurrency Rate Advances, and one Business Day's notice given not later than 11:00 A.M. (New York City time), in the case of Base Rate Advances, to the Administrative Agent stating the proposed date and aggregate principal amount of the prepayment, and if such notice is given the Borrower shall, prepay the outstanding principal amounts of the Revolving Advances comprising part of the same Revolving 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 the equivalent thereof in an Alternative Currency (determined on the date notice of repayment is given in accordance with Section 2.18) or an integral multiple of $1,000,000 or the equivalent thereof in an Alternative Currency (determined on the date notice of repayment is given in accordance with Section 2.18) in excess thereof and (y) in the event of any such prepayment of a Eurocurrency Rate Advance, the Borrower shall be obligated to reimburse the Lenders in respect thereof to the extent required by Section 8.04(c). (c) The Borrower shall, on each Business Day, prepay an aggregate principal amount of the Revolving Advances comprising part of the same Revolving Borrowings equal to the amount by which the aggregate principal amount of the Advances then outstanding exceeds the aggregate Commitments of the Lenders on such Business Day. For purposes of this subsection (c), the aggregate principal amount of Eurocurrency Rate Advances denominated in any Alternative Currency shall be determined in Dollars as set forth in Section 2.18. The Administrative Agent shall give prompt notice of any prepayment required under this Section 2.09(c) to the Borrower and the Lenders.

Prepayments of Revolving Advances. (a) The Borrower --------------------------------- shall have no right to prepay any principal amount of any Revolving Advances other than as provided below. (b) The Borrower may, upon at least three Business Days' notice notice, in the case of Eurocurrency Rate Advances, and one Business Day's notice given not later than 11:00 A.M. (New York City time), in the case of Base Rate Advances, to the Administrative Agent stating the proposed date and aggregate principal amount of the prepayment, and if such notice is given the Borrower shall, prepay the outstanding principal amounts of the Revolving Advances comprising part of the same Revolving 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 the equivalent thereof in an Alternative Currency (determined on the date notice of repayment is given in accordance with Section 2.182.17) or an integral multiple of $1,000,000 or the equivalent thereof in an Alternative Currency (determined on the date notice of repayment is given in accordance with Section 2.182.17) in excess thereof and thereof, (y) in the event of any such prepayment of a Eurocurrency Rate Advance, the Borrower shall be obligated to reimburse the Lenders in respect thereof to the extent required by Section 8.04(c)) and (z) any such prepayment occurring within 6 months after the making of any Redemption Borrowing shall be applied first to prepay any outstanding Revolving Borrowings (other than Redemption Borrowings) and second to prepay any outstanding Redemption Borrowings. (c) The Borrower shall, on each Business Day, prepay an aggregate principal amount of the Revolving Advances comprising part of the same Revolving Borrowings equal to the amount by which the aggregate principal amount of the Advances then outstanding exceeds the aggregate Commitments of the Lenders on such Business Day. For purposes of this subsection (c), the aggregate principal amount of Eurocurrency Rate Advances denominated in any Alternative Currency shall be determined in Dollars as set forth in Section 2.182.17. The Administrative Agent shall give prompt notice of any prepayment required under this Section 2.09(c) to the Borrower and the Lenders. (d) On any Business Day on which the aggregate amount of the Debt of the Borrower or of the Borrower and its Subsidiaries would, but for the operation of this subsection (d), contravene (i) any provision contained in the Borrower's charter or by-laws or (ii) any contractual restriction binding on or affecting the Borrower, the Borrower shall, on such Business Day, prepay an aggregate principal amount of the Advances comprising part of the same Borrowings in an amount sufficient to prevent the occurrence of any such contravention.

Prepayments of Revolving Advances. (a) The Borrower --------------------------------- shall have no right to prepay any principal amount of any Revolving Advances other than as provided below. (b) The Borrower may, upon at least three Business Days' notice in the case of Eurocurrency Rate Advances, and one Business Day's notice given not later than 11:00 A.M. (New York City time), in the case of Base Rate Advances, to the Administrative Agent stating the proposed date and aggregate principal amount of the prepayment, and if such notice is given the Borrower shall, prepay the outstanding principal amounts of the Revolving Advances comprising part of the same Revolving 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 the equivalent thereof in an Alternative Currency (determined on the date notice of repayment is given in accordance with Section 2.18) or an integral multiple of $1,000,000 or the equivalent thereof in an Alternative Currency (determined on the date notice of repayment is given in accordance with Section 2.18) in excess thereof and (y) in the event of any such prepayment of a Eurocurrency Rate Advance, the Borrower shall be obligated to reimburse the Lenders in respect thereof to the extent required by Section 8.04(c). (c) The Borrower shall, on each Business Day, prepay an aggregate principal amount of the Revolving Advances comprising part of the same Revolving Borrowings equal to the amount by which the aggregate principal amount of the Advances then outstanding exceeds the aggregate Commitments of the Lenders on such Business Day. For purposes of this subsection (c), the aggregate principal amount of Eurocurrency Rate Advances denominated in any Alternative Currency shall be determined in Dollars as set forth in Section 2.18. The Administrative Agent shall give prompt notice of any prepayment required under this Section 2.09(c) to the Borrower and the Lenders.

Prepayments of Revolving Advances. (a) The Borrower --------------------------------- shall have no right to prepay any principal amount of any Revolving Advances other than as provided below. (b) The Borrower may, upon at least three Business Days' notice in the case of Eurocurrency Eurodollar Rate Advances, and one Business Day's notice given not later than 11:00 A.M. (New York City time), in the case of Base Rate Advances, to the Administrative Agent stating the proposed date and aggregate principal amount of the prepayment, and if such notice is given the Borrower shall, prepay the outstanding principal amounts of the Revolving Advances comprising part of the same Revolving 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 the equivalent thereof in an Alternative Currency (determined on the date notice of repayment is given in accordance with Section 2.18) or an integral multiple of $1,000,000 or the equivalent thereof in an Alternative Currency (determined on the date notice of repayment is given in accordance with Section 2.18) in excess thereof and (y) in the event of any such prepayment of a Eurocurrency Eurodollar Rate Advance, the Borrower shall be obligated to reimburse the Lenders in respect thereof to the extent required by Section 8.04(c). (c) The Borrower shall, on each Business Day, prepay an aggregate principal amount of the Revolving Advances comprising part of the same Revolving Borrowings equal to the amount by which the aggregate principal amount of the Advances then outstanding exceeds the aggregate Commitments of the Lenders on such Business Day. For purposes of this subsection (c), the aggregate principal amount of Eurocurrency Rate Advances denominated in any Alternative Currency shall be determined in Dollars as set forth in Section 2.18. The Administrative Agent shall give prompt notice of any prepayment required under this Section 2.09(c) to the Borrower and the Lenders.