Common use of Voluntary Prepayments of Loans Clause in Contracts

Voluntary Prepayments of Loans. (a) The Borrower shall have the right at any time and from time to time to prepay any of its Borrowings in whole or in part, subject to prior notice in accordance with paragraph (b) of this Section.

Appears in 5 contracts

Samples: Unsecured Term Loan Agreement (First Industrial Lp), Term Loan Agreement (First Industrial Lp), Unsecured Term Loan Agreement (First Industrial Lp)

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Voluntary Prepayments of Loans. (a) The Borrower shall have the right at any time and from time to time to prepay any of its Borrowings (other than Bid Rate Loans) in whole or in part, subject to prior notice in accordance with paragraph (b) of this Section. A Bid Rate Loan may only be prepaid with the prior written consent of the Lender holding such Bid Rate Loan.

Appears in 5 contracts

Samples: Revolving Credit Agreement (First Industrial Lp), Revolving Credit Agreement (First Industrial Lp), Assignment and Assumption Agreement (First Industrial Lp)

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Voluntary Prepayments of Loans. (a) The Borrower shall have the right at any time and from time to time to prepay any of its Borrowings in whole or in part, subject to prior notice in accordance with paragraph (b) of this Section and payment of a prepayment premium in accordance with paragraph (c) of this Section.

Appears in 2 contracts

Samples: Unsecured Term Loan Agreement (First Industrial Lp), Assignment and Assumption Agreement (First Industrial Realty Trust Inc)

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