Common use of Voluntary Prepayment Notices, Etc Clause in Contracts

Voluntary Prepayment Notices, Etc. All such voluntary prepayments shall be made, upon not less than one Business Day’s prior written or telephonic notice, in each case given to the Administrative Agent by 12:00 p.m. (New York City time) on the date required and, if given by telephone, promptly confirmed by delivery of written notice thereof to the Administrative Agent (and the Administrative Agent will promptly transmit a copy of such written notice to each Lender, the Collateral Agent and the Collateral Administrator). Upon the giving of any such notice, the principal amount of the Loans specified in such notice shall become due and payable on the prepayment date specified therein, except that such notice shall be revocable if a condition to prepayment specified in such notice is not fulfilled.

Appears in 2 contracts

Samples: Credit Agreement (FS Investment Corp II), Credit Agreement (FS Energy & Power Fund)

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Voluntary Prepayment Notices, Etc. All such voluntary prepayments Voluntary Prepayments shall be made, upon not less than one Business Day’s prior written or telephonic notice, in each case given to the Administrative Agent by 12:00 p.m. (New York City time) on the date required and, if given by telephone, promptly confirmed by delivery of written notice thereof to the Administrative Agent (and the Administrative Agent will promptly transmit a copy of such written notice to each Lender, the Collateral Agent and the Collateral Administrator). Upon the giving of any such notice, the principal amount of the Loans specified in such notice shall become due and payable on the prepayment date specified therein, except that such notice shall be revocable if a condition to prepayment specified in such notice is not fulfilled.

Appears in 1 contract

Samples: Credit Agreement (FS Energy & Power Fund)

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Voluntary Prepayment Notices, Etc. All such voluntary prepayments shall be made, upon not less than one Business Day’s 's prior written or telephonic notice, in each case given to the Administrative Agent by 12:00 p.m. (New York City time) on the date required and, if given by telephone, promptly confirmed by delivery of written notice thereof to the Administrative Agent (and the Administrative Agent will promptly transmit a copy of such written notice to each Lender, the Collateral Agent and the Collateral Administrator). Upon the giving of any such notice, the principal amount of the Loans specified in such notice shall become due and payable on the prepayment date specified therein, except that such notice shall be revocable if a condition to prepayment specified in such notice is not fulfilled.

Appears in 1 contract

Samples: Credit Agreement (FS Investment Corp III)

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