Prepayments on Quarterly Payment Dates. On each Quarterly Payment Date, the Loans will be prepaid to the extent required under the Priority of Payments. To the extent designated by the Borrower in writing to the Administrative Agent, each such prepayment of Revolving Loans shall result in a permanent reduction (or termination, as applicable) of the Revolving Commitments.
Prepayments on Quarterly Payment Dates. The Loans may be prepaid in whole or in part on each Quarterly Payment Date in accordance with Article IX. Each such prepayment of Loans may be made with not less than two Business Days' prior written notice thereof to the Agents and DBRS.
Prepayments on Quarterly Payment Dates. If applicable pursuant to the Priority of Payments, the Senior Loans will be prepaid in whole or in part on the applicable Quarterly Payment Date in accordance with Sections 9.1(a)(i)(D) or 9.1(a)(ii)(A). Each such prepayment of the Senior Loans, if made after the Reinvestment Period End Date, shall result in a permanent reduction (or termination, as applicable) of the Commitments.
