Common use of Voluntary Prepayment of Term SOFR Loans Clause in Contracts

Voluntary Prepayment of Term SOFR Loans. Term SOFR Loans may be prepaid from time to time, without penalty or premium, pursuant to a notice of prepayment to Agent, delivered at least three Business Days prior to prepayment of the Loan; provided, that no such notice shall be required for payments effected through sweeps from the Dominion Account.

Appears in 5 contracts

Samples: Loan, Guaranty and Security Agreement (Proterra Inc), Loan, Guaranty and Security Agreement (BIG 5 SPORTING GOODS Corp), Libor Transition Amendment (Amcon Distributing Co)

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Voluntary Prepayment of Term SOFR Loans. Term SOFR Loans may be prepaid from time to time, without penalty or premium, pursuant to a notice of prepayment to Administrative Agent, delivered at least three Business Days prior to prepayment of the Loan; provided, that no such notice shall be required for payments effected through sweeps from the Dominion Account.

Appears in 1 contract

Samples: Libor Transition Amendment (Us Xpress Enterprises Inc)

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