Revolving Loans and Swing Loans. Company shall from time to time prepay first, the Swing Line Loans, and second, the Revolving Loans to the extent necessary so that the Total Utilization of Revolving Commitments shall not at any time exceed the Revolving Commitments then in effect.
Revolving Loans and Swing Loans. Each Revolving Loan and each Swing Loan, both for principal and interest not sooner paid, shall mature and become due and payable by the Borrower on the Revolving Credit Termination Date.
Revolving Loans and Swing Loans. Subject to the provisions of Section 2.8 and Article 6, the Revolving Credit Commitments shall terminate and the principal amount of all then outstanding Revolving Loans and Swing Loans, together with accrued interest thereon, shall be due and payable in full on the Maturity Date (or, if applicable, the relevant Extended Maturity Date).
Revolving Loans and Swing Loans. Except in circumstances in which Section 2.15(a) applies, Borrower shall from time to time prepay first, the Swing Line Loans without reductions in Revolving Commitments and second, the Revolving Loans without reductions in Revolving Commitments to the extent necessary so that the Total Utilization of Revolving Commitments shall not at any time exceed the Revolving Commitments then in effect.
Revolving Loans and Swing Loans. If at any time after the Second Restatement Effective Date, (i) the Total Utilization of any Class of U.S. Revolving Commitments shall exceed the aggregate U.S. Revolving Commitments of such Class then in effect, (ii) the Total Utilization of any Class of Japanese Revolving Commitments shall exceed 105% of the aggregate Japanese Revolving Commitments of such Class then in effect or (iii) the Total Utilization of any Class of Swiss/Multicurrency Revolving Commitments shall exceed 105% of the aggregate Swiss/Multicurrency Revolving Commitments of such Class then in effect, the applicable Borrowers promptly (and in any event within three Business Days) shall first, prepay the Swing Line Loans (if applicable), and second, prepay the applicable Revolving Loans and/or Cash Collateralize the L/C Obligations in an amount sufficient to eliminate such excess.
Revolving Loans and Swing Loans. The Borrower may prepay, in Dollars, the outstanding principal amount of the Revolving Loans and Swing Loans in whole or in part at any time; provided, however, that if any prepayment of any Eurocurrency Rate Loan is made by the Borrower other than on the last day of an Interest Period for such Loan, the Borrower shall also pay any amount owing pursuant to Section 3.5.
Revolving Loans and Swing Loans. Optional and Mandatory Prepayments; Reduction or Increase of Revolving Credit Committed Amount
Revolving Loans and Swing Loans. In addition to the interest required pursuant to Section 2.09(a), Section 2.09(c), Section 2.09(d) and/or any other provision of this Agreement or the other Loan Documents, the Borrower shall from and including the First Amendment Effective Date until and through the Supplemental Interest Termination Date make an additional cash payment on the outstanding principal amount of each Revolving Loan and each Swing Loan made by each Lender in an amount equal to either (A) 1.25% per annum or (B) so long as the Total Leverage Ratio of the Borrower and its Subsidiaries as of the end of the immediately preceding fiscal quarter, as established by the Required Financial Information (delivered in accordance with the terms and conditions herein), is less than 4.75 to 1.00, 1.00% per annum of the principal amount of each such outstanding Revolving Loan or Swing Loan, as applicable (the “Supplemental Revolver Cash Amount”). The rate for calculating the Supplemental Revolver Cash Amount shall be deemed to be 1.25% per annum as of and including the First Amendment Effective Date; after delivery of the Required Financial Information for the Borrower’s fiscal quarter ending September 30, 2007, such rate shall be determined pursuant to the provisions above. The Supplemental Revolver Cash Amount shall be paid on the date of the interest payments for the applicable Revolving Loan or Swing Loan as provided in Section 2.09(e). In addition to the payment dates specified in Section 2.09(e), on the Supplemental Interest Termination Date, the Borrower shall pay all outstanding Supplemental Revolver Cash Amounts on all Revolving Loans and Swing Loans as specified in the definition of Supplemental Interest Termination Date.
Revolving Loans and Swing Loans. In the event that at any time (i) the Total Utilization of Revolving Commitments shall exceed the Revolving Commitments or (ii) the Loan to Value Ratio shall be less than the Applicable Loan to Value Ratio, in either case Borrower shall immediately make a payment to the Administrative Agent in the amount of such excess in the case of clause (i) or in the amount required so that after giving effect thereto the Loan to Value Ratio is equal to or greater than the Applicable Loan to Value Ratio under clause (ii), in either case for application first, to the Swing Line Loans and second, to the Revolving Loans.
Revolving Loans and Swing Loans. Company shall from time to time prepay first, the Swing Line Loans, and second, the Revolving Loans to the extent necessary so that the Total Utilization of Revolving Commitments shall not at any time exceed the Revolving Commitments then in effect. CREDIT AND GUARANTY AGREEMENT 434546.21-New York Server 3A - MSW
