Common use of Terms of All Prepayments Clause in Contracts

Terms of All Prepayments. Upon the prepayment of any Loan (whether such prepayment is an Optional Prepayment or a Mandatory Prepayment), Borrower shall pay to Administrative Agent for the account of each Lender owed such Loan, as applicable, (A) all accrued interest to the date of such prepayment on the amount prepaid; (B) all accrued fees, if any, to the date of such prepayment corresponding to the amount being prepaid; (C) if such prepayment is the prepayment of a Loan on a day other than the last day of an Interest Period for such Loan, all Liquidation Costs, if any, incurred by such Lender as a result of such prepayment; and (D) if such prepayment is a prepayment of the Fixed Portion resulting in an early termination of an Interest Rate Agreement, the Interest Fix Fees, with respect to such prepayment, if applicable. All Mandatory Prepayments and Optional Prepayments shall be applied to reduce the remaining Scheduled Repayment Amounts in the inverse order of maturity of the Loan then outstanding. Loans prepaid may not be re-borrowed.

Terms of All Prepayments. Upon the prepayment of any Loan (whether such prepayment is an Optional Prepayment optional prepayment or a Mandatory Prepaymentmandatory prepayment), the Borrower shall pay to the Administrative Agent for the account of each Lender owed such Loan, as applicable, (A) all accrued interest to the date of such prepayment on the amount prepaid; (B) all accrued fees, if any, to the date of such prepayment corresponding to the amount being prepaid; (C) if such prepayment is the prepayment of a Loan on a day other than the last day of an Interest Period for such Loan, all Liquidation Costs, if any, Costs incurred by such Lender as a result of such prepayment; and (D) if such prepayment is a prepayment of the Fixed Portion resulting in an early termination of an Interest Rate Agreement, the Interest Hedge Fix Fees, with respect to such prepayment, if applicable. All Mandatory Prepayments and Optional Prepayments prepayments made under Section 2.1(l)(ii) shall be applied pro rata to all remaining installments of the Loans. All prepayments made under Section 2.1(l)(iii) shall be applied to reduce the remaining Scheduled Repayment Amounts outstanding Loans in the inverse order of maturity of the Loan Loans then outstanding. Loans prepaid may not be re-borrowed.