Senior Term Loan Payments Sample Clauses

Senior Term Loan Payments. In addition to any other mandatory prepayments and offers of prepayments pursuant to this Section 5.01, on each Senior Term Loan Voluntary Prepayment Date, an amount equal to the Note Facility TL Voluntary Prepayment Amount relating to the relevant Senior Term Loan Voluntary Prepayment Offer Amount shall be (1) automatically applied as a mandatory prepayment in accordance with the requirements of Section 5.01(j) if a Mandatory Payment Condition is in effect, and (2) otherwise offered to the Holders for prepayment of the Senior Notes if a Mandatory Payment Condition is not in effect, and if such offer is accepted in accordance with Section 5.01(i), such amount shall be applied as a mandatory prepayment in accordance with the requirements of Section 5.01(j).