Voluntary Prepayments of Loans. (a) The Borrower may, at its option, prepay Revolving Loans or Tranche A Term Loans in whole or in part, in amounts aggregating $1,000,000 or any greater amount in integral multiples of $100,000. Those Loans may be prepaid by paying the principal amount to-be prepaid, together with interest accrued and unpaid thereon to the date of prepayment, and all compensation payments pursuant to Section 3.15 if such prepayment is made on a date other than the last day of an Interest Period applicable thereto. Each such optional prepayment shall be applied in accordance with Section 3.10(e)
Appears in 2 contracts
Samples: Credit Agreement (Gold Kist Inc), Credit Agreement (Gold Kist Inc)
Voluntary Prepayments of Loans. (a) The Borrower may, at its option, prepay Revolving Loans or Tranche A Term Loans in whole or in part, in amounts aggregating $1,000,000 or any greater amount in integral multiples of $100,000. Those Loans may be prepaid by paying the principal amount to-be prepaid, together with interest accrued and unpaid thereon to the date of prepayment, and all compensation payments pursuant to Section 3.15 if such prepayment is made on a date other than the last day of an Interest Period applicable thereto. Each such optional prepayment shall be applied in accordance with Section 3.10(e3.10(c)
Appears in 1 contract
Samples: Credit Agreement (Gold Kist Inc)
Voluntary Prepayments of Loans. (a) The Borrower may, at its option, prepay Revolving 364-Day Loans or Tranche A Term Loans in whole or in part, in amounts aggregating $1,000,000 or any greater amount in integral multiples of $100,000. Those Loans may be prepaid by paying the principal amount to-to be prepaid, together with interest accrued and unpaid thereon to the date of prepayment, and all compensation payments pursuant to Section 3.15 if such prepayment is made on a date other than the last day of an Interest Period applicable thereto. Each such optional prepayment shall be applied in accordance with Section 3.10(e)
Appears in 1 contract
Samples: Credit Agreement (Gold Kist Inc)
Voluntary Prepayments of Loans. (a) The Borrower may, at its option, prepay Revolving 364-Day Loans or Tranche A Term Loans in whole or in part, in amounts aggregating $1,000,000 or any greater amount in integral multiples of $100,000. Those Loans may be prepaid by paying the principal amount to-be prepaid, together with interest accrued and unpaid thereon to the date of prepayment, and all compensation payments pursuant to Section 3.15 if such prepayment is made on a date other than the last day of an Interest Period applicable thereto. Each such optional prepayment shall be applied in accordance with Section 3.10(e)
Appears in 1 contract
Samples: Credit Agreement (Gold Kist Inc)