Common use of Voluntary Prepayments of Borrowings Clause in Contracts

Voluntary Prepayments of Borrowings. (i) The Borrower shall have no right to prepay any principal amount of any Advances other than as provided in this subsection (b). (ii) The Borrower may, upon notice to the Administrative Agent no later than 11:00 A.M. (New York time) (A) on the date the Borrower proposes to prepay, in the case of Base Rate Advances and (B) at least five (5) Business Days' notice to the Administrative Agent in the case of Eurodollar Rate Advances, stating the proposed date and aggregate principal amount of the prepayment, and if such notice is given the Borrower shall, prepay the outstanding principal amounts of the Advances comprising part of the same Borrowing in whole or ratably in part; provided, however, that (x) each partial prepayment shall be in an aggregate principal amount not less than $2,000,000 and multiples of $1,000,000 in excess thereof, and (y) in the case of any such prepayment of any Eurodollar Rate Advance, the Borrower shall pay all accrued interest to the date of such prepayment on the portion of such Eurodollar Rate Advance being prepaid and shall be obligated to reimburse the Lenders in respect thereof pursuant to Section 8.04(b).

Voluntary Prepayments of Borrowings. (i) The No Borrower shall have no any right to prepay any principal amount of any Advances other than as provided in this subsection (b). (ii) The Each Borrower may, upon notice to the Administrative Agent no later than (i) 11:00 A.M. (New York time) (A) on the date the such Borrower proposes to prepay, in the case of Base Rate Advances and in Dollars, (Bii) 11:00 A.M. (New York time) at least five two (52) Business Days' notice in advance of the date such Borrower proposes to the Administrative Agent prepay, in the case of Eurodollar Eurocurrency Rate Advances or (iii) 11:00 A.M. (London time) at least two (2) Business Days' in advance of the date such Borrower proposes to prepay, in the case of EURIBOR Rate Advances or EURO-LIBOR Rate Advances, stating the proposed date and aggregate principal amount of the prepayment, and if such notice is given the such Borrower shall, prepay the outstanding principal amounts of the Advances made to such Borrower comprising part of the same Borrowing in whole or ratably in part; provided, however, that (x) each partial prepayment shall be in an aggregate principal amount not less than $2,000,000 5,000,000 (or the equivalent thereof in any Major Currency or Alternate Currency) and integral multiples of $1,000,000 (or the equivalent thereof in any Major Currency or Alternate Currency) in excess thereof, and (y) in the case of any such prepayment of any Eurodollar EURO Rate AdvanceAdvances, the such Borrower shall pay all accrued interest to the date of such prepayment on the portion of such Eurodollar Rate Advance being prepaid and shall be obligated to reimburse the Lenders in respect thereof pursuant to Section 8.04(b9.04(b).