Repayments Prepayments and Reductions in Revolving Loan Commitments General Provisions Regarding Payments Clause Samples

Repayments Prepayments and Reductions in Revolving Loan Commitments General Provisions Regarding Payments. A. PREPAYMENTS AND REDUCTIONS IN REVOLVING LOAN COMMITMENTS. (i) VOLUNTARY PREPAYMENTS. Company may, upon written or telephonic notice to Administrative Agent on or prior to 12:00 Noon (New York time) on the date of prepayment, which notice, if telephonic, shall be promptly confirmed in writing, at any time from time to time prepay any Swing Line Loan on any Business Day in whole or in part in an aggregate minimum amount equal to the applicable Minimum Amount. Each Borrower may, upon not less than one Business Day's prior written or telephonic notice, in the case of Base Rate Loans, and three Business Days' prior written or telephonic notice, in the case of Offshore Rate Loans, in each case given to Administrative Agent by 12:00 Noon (Local Time) on the date required and, if given by telephone, promptly confirmed in writing to Administrative Agent (which original written or telephonic notice Administrative Agent will promptly transmit by telefacsimile or telephone to each Lender), at any time and from time to time prepay any Loans on any Business Day in whole or in part in an aggregate minimum amount equal to the applicable Minimum Amount; PROVIDED, HOWEVER, that an Offshore Rate Loan may not be prepaid prior to the expiration of the Interest Period applicable thereto unless such Borrower pays to each Lender all such amounts as are payable pursuant to subsection 2.6D. Notice of prepayment having been given as aforesaid, the principal amount of the Loans specified in such notice shall become due and payable on the prepayment date specified therein. Any such voluntary prepayment shall be applied as specified in subsection 2.4A(iv). (ii) VOLUNTARY REDUCTIONS OF REVOLVING LOAN COMMITMENTS. Company may, upon not less than three Business Days' prior written or telephonic notice confirmed in writing to Administrative Agent (which original written or telephonic notice such Administrative Agent will promptly transmit by telefacsimile or telephone to each Lender), at any time and from time to time terminate in whole or permanently reduce in part, without premium or penalty, the Revolving Loan Commitments in an amount up to the amount by which the Revolving Loan Commitments exceed the Total Utilization of Commitments with respect to all Borrowers; PROVIDED that any such partial reduction of the Revolving Loan Commitments shall be in an aggregate minimum amount equal to the applicable Minimum Amount. Company's notice to Administrative Agent shall designate the date (w...

Repayments Prepayments and Reductions in Revolving Loan Commitments General Provisions Regarding Payments. Application of Proceeds of

Repayments Prepayments and Reductions in Revolving Loan Commitments General Provisions Regarding Payments. A. SCHEDULED PAYMENTS OF TERM LOANS AND SCHEDULED REDUCTIONS OF DOMESTIC TRANCHE A REVOLVING LOAN COMMITMENTS. (i) Scheduled Payments of Domestic Term Loans. Company shall make principal payments on the Domestic Term Loans in installments on the dates and in the amounts set forth below: DATE SCHEDULED REPAYMENT OF ---- ---------------------- DOMESTIC TERM LOANS ------------------- December 31, 2002 $5,000,000 March 31, 2003 $5,000,000 June 30, 2003 $5,000,000 September 30, 2003 $116,243,580 ============ TOTAL $131,243,580 ; provided that the scheduled installments of principal of the Domestic Term Loans set forth above shall be reduced in connection with any voluntary or mandatory prepayments of the Term Loans in accordance with subsection 2.4B(iv); and provided further that the Domestic Term Loans and all other amounts owed hereunder with respect to the Domestic Term Loans shall be paid in full no later than the Commitment Termination Date, and the final installment payable by Company in respect of the Domestic Term Loans on such date shall be in an amount, if such amount is different from that specified above, sufficient to repay all amounts owing by Company under this Agreement with respect to the Domestic Term Loans.

Repayments Prepayments and Reductions in Revolving Loan Commitments General Provisions Regarding Payments. A. Scheduled Payments of Term Loans and Scheduled Reductions of Revolving Loan Commitments.

Repayments Prepayments and Reductions in Revolving Loan Commitments General Provisions Regarding Payments. Application of Proceeds of Collateral and Payments under Guaranties.............................................................................. 49 2.5

Repayments Prepayments and Reductions in Revolving Loan Commitments General Provisions Regarding Payments. A. SCHEDULED PAYMENTS OF TERM LOANS AND SCHEDULED REDUCTIONS OF REVOLVING LOAN COMMITMENTS.

Repayments Prepayments and Reductions in Revolving Loan Commitments General Provisions Regarding Payments. APPLICATION OF PROCEEDS OF COLLATERAL AND PAYMENTS UNDER GUARANTIES. A. SCHEDULED PAYMENTS OF TERM LOANS. (i) Scheduled Payments of US Tranche Term Loans. Company shall make principal payments on the US Tranche Term Loans in installments on the dates and in the amounts set forth below: -------------------------------------------------------------- DATE SCHEDULED REPAYMENT OF US TRANCHE TERM LOANS -------------------------------------------------------------- May 31, 2002 US$87,500 -------------------------------------------------------------- August 31, 2002 US$87,500 -------------------------------------------------------------- November 30, 2002 US$87,500 -------------------------------------------------------------- February 28, 2003 US$87,500 -------------------------------------------------------------- May 31, 2003 US$1,200,000 -------------------------------------------------------------- August 31, 2003 US$1,200,000 -------------------------------------------------------------- November 30, 2003 US$1,200,000 -------------------------------------------------------------- February 29, 2004 US$1,200,000 -------------------------------------------------------------- May 31, 2004 US$1,200,000 -------------------------------------------------------------- August 31, 2004 US$1,200,000 -------------------------------------------------------------- November 30, 2004 US$1,200,000 -------------------------------------------------------------- February 28, 2005 US$1,200,000 -------------------------------------------------------------- May 31, 2005 US$1,200,000 -------------------------------------------------------------- August 31, 2005 US$1,200,000 -------------------------------------------------------------- November 30, 2005 US$1,200,000 -------------------------------------------------------------- February 28, 2006 US$1,200,000 -------------------------------------------------------------- May 31, 2006 US$1,200,000 -------------------------------------------------------------- August 31, 2006 US$1,200,000 -------------------------------------------------------------- November 30, 2006 US$1,200,000 -------------------------------------------------------------- February 28, 2007 US$1,200,000 -------------------------------------------------------------- Term Loan Termination Date US$15,450,000 -------------------------------------------------------------- Total US$35,000,000 -------------------------------------------------------------- ; provided that t...

Repayments Prepayments and Reductions in Revolving Loan Commitments General Provisions Regarding Payments. Application of Proceeds of Collateral and Payments Under Guaranties. A. SCHEDULED PAYMENTS OF TENDER LOANS AND TERM LOANS. (i) SCHEDULED PAYMENT OF TENDER LOANS. All Tender Loans shall be paid in full on the earlier of (a) June 30, 1966 and (b) the Merger Date.

Repayments Prepayments and Reductions in Revolving Loan Commitments General Provisions Regarding Payments