Common use of Repayments and Prepayments of Revolving Loans Clause in Contracts

Repayments and Prepayments of Revolving Loans. (a) The Borrowers shall repay in full the Revolving Loans on the Revolving Loan Termination Date. Such repayment shall be accompanied by all accrued and unpaid interest on the Revolving Loans to the date of such repayment and all accrued and unpaid fees and other amounts payable hereunder. (b) The Borrowers shall prepay, from time to time, on demand the amount by which the aggregate unpaid principal amount of the Revolving Loans exceeds the limitations set forth in Section 2.01 hereof. (c) The Borrowers shall have the right at any time and from time to time, to prepay the Revolving Loans made to the Borrower hereunder, in whole or in part, without premium or penalty, upon three (3) Business Days' prior written or telephone notice to the Lender, subject to Section 2.08 hereof. (d) The Borrowers shall, from time to time, cause all amounts received by it in payment of or otherwise on account of Receivables to be applied to the payment of the Revolving Loans of the Borrowers in accordance with the procedures set forth in Article XI. Such amounts shall be credited by the Lender to the Revolving Loans upon collection. (e) Upon each repayment or prepayment of any principal of the Revolving Loans made to the Borrowers pursuant to any of the provisions of this Agreement or the Revolving Note, the Borrowers hereby absolutely and unconditionally promise to pay to the Lender, and there shall become absolutely due and payable on the date of each such repayment or prepayment, all of the unpaid interest accrued to such date on the amount of the principal of the Revolving Loans being repaid or prepaid on such date. Whenever any interest on and any principal of the Revolving Loans are paid simultaneously hereunder, the whole amount paid shall be applied first to interest then due and payable. (f) Prior to the Revolving Loan Termination Date, the Borrowers may reborrow amounts paid and prepaid under subsection 2.06(d), subject to the terms and conditions hereof, including, without limitation, the requirements of Section 2.01 hereof.

Repayments and Prepayments of Revolving Loans. (a) The Borrowers shall repay in full the Revolving Loans on the Revolving Loan Termination Date. Such repayment shall be accompanied by all accrued and unpaid interest on the Revolving Loans to the date of such repayment and all accrued and unpaid fees and other amounts payable hereunder. (b) The Borrowers shall prepay, from time to time, on demand the amount by which the aggregate unpaid principal amount of the Revolving Loans exceeds the limitations set forth in Section 2.01 hereof. (c) The Borrowers shall have the right at any time and from time to time, to prepay the Revolving Loans made to the Borrower hereunder, in whole or in part, without premium or penalty, upon three (3) Business Days' prior written or telephone notice to the Lender, subject to Section 2.08 hereof. (d) The Borrowers shall, from time to time, cause all amounts received by it in payment of or otherwise on account of Receivables to be applied to the payment of the Revolving Loans of the Borrowers in accordance with the procedures set forth in Article XI. Such amounts shall be credited by the Lender to the Revolving Loans upon collection. (e) Upon each repayment or prepayment of any principal of the Revolving Loans made to the Borrowers pursuant to any of the provisions of this Agreement or the Revolving Note, the Borrowers hereby absolutely and unconditionally promise to pay to the Lender, and there shall become absolutely due and payable on the date of each such repayment or prepayment, all of the unpaid interest accrued to such date on the amount of the principal of the Revolving Loans being repaid or prepaid on such date. Whenever any interest on and any principal of the Revolving Loans are paid simultaneously hereunder, the whole amount paid shall be applied first to interest then due and payable. (f) Prior to the Revolving Loan Termination Date, the Borrowers may reborrow amounts paid and prepaid under subsection 2.06(d), subject to the terms and conditions hereof, including, without limitation, the requirements of Section 2.01 hereof.

Repayments and Prepayments of Revolving Loans. (a) The Borrowers relevant Borrower shall make all payments and prepayments of each Revolving Loan made to it in the Available Currency in which it was originally denominated and shall repay in full the Revolving Loans on the unpaid principal amount of each Revolving Loan Termination Dateoutstanding to it at the Maturity thereof. Such repayment shall be accompanied by all accrued and unpaid interest on the Revolving Loans to the date of such repayment and all accrued and unpaid fees and other amounts payable hereunder.Before that Maturity: (ba) The Borrowers shall prepaythe relevant Borrower may, from time to timetime on any Business Day, on demand the amount by which the aggregate unpaid principal amount of the Revolving Loans exceeds the limitations set forth in Section 2.01 hereof. (c) The Borrowers shall have the right at any time and from time to time, to prepay the Revolving Loans made to the Borrower hereundermake a voluntary prepayment, in whole or in part, without premium or penalty, upon three (3) Business Days' prior written or telephone notice to of the Lender, subject to Section 2.08 hereof.outstanding principal amount of any Revolving Loan; provided that: (di) The Borrowers shall, from time any such prepayment of any Revolving Loan shall be allocated to time, cause all amounts received by it in payment of or otherwise on account of Receivables each Lender pro rata according to be applied to the payment such Lender’s Percentage of the Revolving Loans of the Borrowers in accordance with the procedures set forth in Article XI. Such amounts shall be credited by the Lender to the Revolving Loans upon collection.so prepaid; (eii) Upon each repayment or any such prepayment of any principal Revolving Loan made on any day other than the last day of the Interest Period then applicable to such Revolving Loans made Loan shall be subject to Section 5.4; (iii) all such voluntary prepayments shall require prior notice to the Borrowers pursuant to any Administrative Agent of at least three but no more than five Business Days; and (iv) all such voluntary prepayments shall, if other than a prepayment in whole, be in an aggregate minimum amount of $5,000,000 and an integral multiple of $1,000,000; (b) The Administrative Agent shall determine if the provisions aggregate Outstanding Credit Extensions of this Agreement or all the Revolving Note, Lenders exceed the Borrowers hereby absolutely Total Credit Commitment Amount (i) at the end of each Fiscal Period and unconditionally promise to pay to the Lender, and there shall become absolutely due and payable (ii) on the date of each request for a Credit Extension (excluding any request submitted in respect of any continuation of any Borrowing previously made hereunder), and promptly thereafter -- and in any event, in respect of any determination made pursuant to clause (ii) above, prior to the proposed date of such repayment requested Credit Extension -- Micro shall (or prepayment, all shall cause the other Borrowers to) make a mandatory prepayment of the unpaid interest accrued outstanding principal amount of such Revolving Loans as Micro may select in an amount equal to such excess, such prepayment to be allocated to the Lenders in the manner set forth in clause (a)(i) above); and (c) Micro shall (and shall cause the other relevant Borrowers to), on each date on when any reduction or termination in the amount Total Credit Commitment Amount shall become effective, including pursuant to Section 2.2, make a mandatory prepayment of all Revolving Loans equal to the excess, if any, of the principal then aggregate Outstanding Credit Extensions of all the Revolving Loans being repaid or prepaid on Lenders over the Total Credit Commitment Amount as so reduced, such date. Whenever any interest on and any principal of the Revolving Loans are paid simultaneously hereunder, the whole amount paid shall prepayment to be applied first to interest then due and payable. (f) Prior allocated to the Revolving Loan Termination Date, Lenders in the Borrowers may reborrow amounts paid and prepaid under subsection 2.06(d), subject to the terms and conditions hereof, including, without limitation, the requirements of Section 2.01 hereofmanner set forth in clause (a)(i) above.

Repayments and Prepayments of Revolving Loans. (a) The Borrowers relevant Borrower shall make all payments and prepayments of each Revolving Loan made to it in the Available Currency in which it was originally denominated and shall repay in full the Revolving Loans on the unpaid principal amount of each Revolving Loan Termination Dateoutstanding to it at the Maturity thereof. Such repayment shall be accompanied by all accrued and unpaid interest on the Revolving Loans to the date of such repayment and all accrued and unpaid fees and other amounts payable hereunder.Before that Maturity: (ba) The Borrowers shall prepaythe relevant Borrower may, from time to timetime on any Business Day, on demand the amount by which the aggregate unpaid principal amount of the Revolving Loans exceeds the limitations set forth in Section 2.01 hereof. (c) The Borrowers shall have the right at any time and from time to time, to prepay the Revolving Loans made to the Borrower hereundermake a voluntary prepayment, in whole or in part, without premium or penalty, upon three (3) Business Days' prior written or telephone notice to of the Lender, subject to Section 2.08 hereof.outstanding principal amount of any Revolving Loan; provided that: (di) The Borrowers shall, from time any such prepayment of any Revolving Loan shall be allocated to time, cause all amounts received by it in payment of or otherwise on account of Receivables each Lender pro rata according to be applied to the payment such Lender's Percentage of the Revolving Loans of the Borrowers in accordance with the procedures set forth in Article XI. Such amounts shall be credited by the Lender to the Revolving Loans upon collection.so prepaid; (eii) Upon each repayment or any such prepayment of any principal Revolving Loan made on any day other than the last day of the Interest Period then applicable to such Revolving Loans made Loan shall be subject to Section 5.4; (iii) all such voluntary prepayments shall require prior notice to the Borrowers pursuant to any Administrative Agent of at least three but no more than five Business Days; and (iv) all such voluntary prepayments shall, if other than a prepayment in whole, be in an aggregate minimum amount of $5,000,000 and an integral multiple of $1,000,000; (b) The Administrative Agent shall determine if the provisions aggregate Outstanding Credit Extensions of this Agreement or all the Revolving Note, Lenders exceed the Borrowers hereby absolutely Total Credit Commitment Amount (i) at the end of each Fiscal Period and unconditionally promise to pay to the Lender, and there shall become absolutely due and payable (ii) on the date of each request for a Credit Extension (excluding any request submitted in respect of any continuation of any Borrowing previously made hereunder), and promptly thereafter -- and in any event, in respect of any determination made pursuant to clause (ii) above, prior to the proposed date of such repayment requested Credit Extension -- Micro shall (or prepayment, all shall cause the other Borrowers to) make a mandatory prepayment of the unpaid interest accrued outstanding principal amount of such Revolving Loans as Micro may select in an amount equal to such excess, such prepayment to be allocated to the Lenders in the manner set forth in clause (a)(i) above); and (c) Micro shall (and shall cause the other relevant Borrowers to), on each date on when any reduction or termination in the amount Total Credit Commitment Amount shall become effective, including pursuant to Section 2.2, make a mandatory prepayment of all Revolving Loans equal to the excess, if any, of the principal then aggregate Outstanding Credit Extensions of all the Revolving Loans being repaid or prepaid on Lenders over the Total Credit Commitment Amount as so reduced, such date. Whenever any interest on and any principal of the Revolving Loans are paid simultaneously hereunder, the whole amount paid shall prepayment to be applied first to interest then due and payable. (f) Prior allocated to the Revolving Loan Termination Date, Lenders in the Borrowers may reborrow amounts paid and prepaid under subsection 2.06(d), subject to the terms and conditions hereof, including, without limitation, the requirements of Section 2.01 hereofmanner set forth in clause (a)(i) above.