Prepayments of Swing Line Loans. The applicable Euro Borrower may, upon notice to Euro Swing Line Lender (with a copy to Euro Funding Agent), at any time or from time to time, voluntarily prepay any Euro Swing Line Loans in whole or in part without premium or penalty; provided that (a) such notice must be received by Euro Swing Line Lender and Euro Funding Agent not later than 11:00 a.m., Brussels time, on the date of the prepayment, and (b) any such prepayment shall be in a minimum principal amount of EUR 500,000 for Euro denominated Euro Swing Line Loans and £500,000 for Sterling denominated Swing Line Loans. Each such notice shall specify the date and amount of such prepayment. If such notice is given by such Euro Borrower, such Euro Borrower shall make such prepayment and the payment amount specified in such notice shall be due and payable on the date specified therein.
Prepayments of Swing Line Loans. If at any time (i) the sum of the Swing Line Lender’s Pro Rata Share of the Outstanding Amount of Advances, plus (ii) the sum of the Swing Line Lender’s Pro Rata Share of the Outstanding Amount of all L/C Obligations, plus (iii) the outstanding Swing Line Loans of the Swing Line Lender, exceed (iv) the Commitment of the Swing Line Lender, the Borrower shall, upon a request from the Swing Line Lender specifying the amount of such excess, promptly repay the outstanding Swing Line Loans to the extent necessary to eliminate such excess. Subject to Section 8.16, each prepayment pursuant to this Section 2.11 (other than prepayments of Swing Line Loans) shall be applied to the Advances of the Lenders in accordance with their respective Pro Rata Share Percentages.
Prepayments of Swing Line Loans. The applicable U.S. Borrower may, upon notice to U.S. Swing Line Lender (with a copy to U.S. Funding Agent), at any time or from time to time, voluntarily prepay any U.S. Swing Line Loans in whole or in part without premium or penalty; provided that (a) such notice must be received by U.S. Swing Line Lender and U.S. Funding Agent not later than 12:00 noon on the date of the prepayment and (b) any such prepayment shall be in a minimum principal amount of $500,000. Each such notice shall specify the date and amount of such prepayment. If such notice is given by such U.S. Borrower, such U.S. Borrower shall make such prepayment and the payment amount specified in such notice shall be due and payable on the date specified therein.
Prepayments of Swing Line Loans. The Company may from time to time prepay Swing Line Loans in whole or in part, in a principal amount equal to US$100,000 or a higher integral multiple of US$100,000. The Company will deliver a notice of prepayment to be received by the Swing Line Lender and the Administrative Agent not later than noon (Minneapolis time) on the Business Days of such prepayment, specifying the Swing Line Loans to be prepaid and the date and amount of such prepayment.
Prepayments of Swing Line Loans. Each Borrower may from time to time prepay without premium or penalty the Swing Line Loans of such Borrower in whole or in part, in a principal amount that is an integral multiple of 100,000 units of the Applicable Currency. The applicable Borrower will deliver a Notice of Loan Prepayment to be received by the Swing Line Lender and the Administrative Agent not later (a) in the case of Dollar Swing Line Loans, 1:00 p.m. on the Business Day of such prepayment, (b) in the case of AC Swing Line Loans, 1:00 p.m., Local Time on the Business Day of such prepayment or (c) in each case, such later time as the Swing Line Lender shall approve in its sole discretion, specifying the Swing Line Loans to be prepaid and the date and amount of such prepayment.
Prepayments of Swing Line Loans. Each Swing Line Borrower may from time to time prepay its Swing Line Loans in whole or in part, in a principal amount that is an integral multiple of 100,000 units of the applicable currency. The applicable Swing Line Borrower will deliver a notice of prepayment to be received by the applicable Swing Line Lender and the Administrative Agent not later (i) in the case of Swing Line Loans denominated in US Dollars, 1:00 p.m. on the Business Days of such prepayment, (ii) in the case of Swing Line Loans denominated in Euros, 12:00 noon, London time on the Business Day of such prepayment or (iii) in each case, such later time as the applicable Swing Line Lender shall approve in its sole discretion, specifying the Swing Line Loans to be prepaid and the date and amount of such prepayment.
Prepayments of Swing Line Loans. The Borrower may, upon notice to the Swing Line Lender (with a copy to the Administrative Agent), at any time or from time to time, voluntarily prepay Swing Line Loans in whole or in part without premium or penalty; provided that (i) such notice must be received by the Swing Line Lender and the Administrative Agent not later than 1:00 p.m. New York, New York time on the date of the prepayment, and (ii) any such prepayment shall be in a minimum principal amount of $100,000. Each such notice shall specify the date and amount of such prepayment. If such notice is given by the Borrower, the Borrower shall make such prepayment and the payment amount specified in such notice shall be due and payable on the date specified therein.
Prepayments of Swing Line Loans. 31 6.05 Participations in Swing Line Loans...............................................31 6.06 Refunding of Swing Line Loans....................................................31 6.07 Funding Participations in Swing Line Loans.......................................32 ARTICLE VII THE LETTER OF CREDIT SUBFACILITY............................................32 7.01 Letters of Credit................................................................32 7.02 Issuance, Amendment and Renewal of Letters of Credit.............................33 7.03 Participations, Drawings and Reimbursements......................................35 7.04 Repayment of Participations......................................................36 7.05 Role of the Issuing Bank.........................................................37
Prepayments of Swing Line Loans. The Borrowers may, upon notice to the Swing Line Lender (with a copy to the Administrative Agent), at any time or from time to time, voluntarily prepay Swing Line Loans in whole or in part without premium or penalty; provided that (i) such notice must be received by the Swing Line Lender and the Administrative Agent not later than 12:00 noon, Pacific Coast time, on the date of the prepayment, and (ii) any such prepayment shall be in a principal amount which is an integral multiple of $100,000 (except that, if at any time Swing Line Loans are made in an amount which is not an integral multiple of $100,000 upon delivery of by the Swing Line Lender of a Swing Line Notice as contemplated by Section 2.4.2, the next prepayment of Swing Line Loans shall be in an amount so that the Outstanding Amount of all Swing Line Loans is either (x) zero or (y) an integral multiple of $100,000). Each such notice shall specify the date and amount of such prepayment. If such notice is given by the Borrowers, the Borrowers shall make such prepayment and the payment amount specified in such notice shall be due and payable on the date specified therein.
Prepayments of Swing Line Loans. (a) Effective on the Effective Date of this Amendment provided for in section 3 hereof, section 5.1 of the Credit Agreement is amended by adding the following at the end thereof: Swing Line Loans may not be prepaid, in whole or in part, prior to their maturity date, which shall in the case of any Swing Line Loan, be the first Business Day following the date such Swing Line Loan is made, except as provided in section 5.1(b) or as may be permitted with the consent of the Swing Line Lender.
(b) Effective on the Effective Date of this Amendment provided for in section 3 hereof, section 5.2(b) of the Credit Agreement is amended by adding the following at the end thereof: If on any date (after giving effect to any other payments on such date) the aggregate outstanding principal amount of Swing Line Loans exceeds the Unutilized Total Revolving Commitment as then in effect, the Borrower shall prepay on such date Swing Line Loans in an aggregate amount at least equal to such excess. If on any date (after giving effect to any other payments on such date) the aggregate outstanding principal amount of Swing Line Loans exceeds the Swing Line Commitment at such time, the Borrower shall prepay on such date Swing Line Loans in an aggregate amount at least equal to such excess.
