Voluntary Prepayments of Term Loan Sample Clauses

Voluntary Prepayments of Term Loan. The Borrower may, upon notice to the Administrative Agent, at any time or from time to time voluntarily prepay the Term Loan in whole or in part without premium or penalty; PROVIDED that (i) such notice must be received by the Administrative Agent not later than 11:00 a.m. (A) three Business Days prior to any date of prepayment of Eurodollar Rate Loans and (B) on the date of prepayment of Base Rate Loans; (ii) any prepayment of Eurodollar Rate Loans shall be in a principal amount of $1,000,000 or a whole multiple of $1,000,000 in excess thereof; and (iii) any prepayment of Base Rate Loans shall be in a principal amount of $500,000 or a whole multiple of $100,000 in excess thereof or, in each case, if less, the entire principal amount thereof then outstanding. Each such notice shall specify the date and amount of such prepayment and the Type(s) of Loans to be prepaid. The Administrative Agent will promptly notify each Lender of its receipt of each such notice, and of the amount of such Lender's Term Loan Percentage of such prepayment. If such notice is given by the Borrower, the Borrower shall make such prepayment and the payment amount specified in such notice shall be due and payable on the date specified therein. Any prepayment of a Eurodollar Rate Loan shall be accompanied by all accrued interest thereon, together with any additional amounts required pursuant to SECTION 4.05. Each such prepayment shall be applied to the outstanding principal installments of the Term Loan in inverse order of maturity thereof (and shall be applied to the Term Loan of the Lenders in accordance with their respective Term Loan Percentages).
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Voluntary Prepayments of Term Loan. At any time, Borrower may prepay the Term Loan, in whole or in part, subject to the payment of the Fees specified in Section 2.3(a) and LIBOR Breakage Costs, if applicable. Prepayments of Term Loan shall be applied in accordance with Section 2.5(e).
Voluntary Prepayments of Term Loan. The Parent may prepay the principal of the Term Loan in whole or in part at any time and from time to time upon at least five (5) Business Days prior written notice to the Lender without premium or penalty. All voluntary prepayments of the principal of the Term Loan shall be accompanied by the payment of all accrued but unpaid interest on the Term Loan to the date of prepayment and all LIBOR breakage costs in accordance with Section 6.4. Amounts prepaid in respect of the Term Loan pursuant to this Section 4.3 may not be reborrowed. Any voluntary prepayment under this Section of less than all of the outstanding principal of the Term Loan shall be applied to the installments of principal of the Term Loan in the inverse order of maturity.
Voluntary Prepayments of Term Loan. (a) The Borrower may, upon not less than 30 days' prior written notice to the Agent (which notice the Agent shall promptly transmit to the Lenders in writing or by telephone, confirmed as soon as possible thereafter in writing) prepay the Term Loans in whole at any time, or from time to time in part in amounts equal to $1,000,000 (and, if greater, in integral multiples of $500,000), and without premium (subject to Section 3.5) or penalty; provided that at the time of any such prepayment in full of the Term Loans, the Borrower shall pay all interest accrued on the principal amount of such prepayment. All amounts applied to the Term Loans under this Section 2.5 shall be applied ratably to the Term Loans. Amounts prepaid pursuant to this Section 2.5 may not be reborrowed.
Voluntary Prepayments of Term Loan. The Borrower may prepay the principal of the Term Loan in whole or in part at any time after the 30th day following issuance of the Term Note and from time to time thereafter without penalty. All voluntary prepayments of the principal of the Term Loan shall be accompanied by the payment of all accrued but unpaid interest on the Term Loan to the date of prepayment. Any voluntary prepayment under this Section of less than all of the outstanding principal of the Term Loan shall be applied to the installments of principal of the Term Loan in the inverse order of maturity.
Voluntary Prepayments of Term Loan. 9 Section 4.3 Place and Form of Payments; Extension of Time; Automatic Debit. 9 Section 4.4 Application and Reversal of Payments. 9 Section 4.5
Voluntary Prepayments of Term Loan. The Borrower may prepay the principal of the Term Loan in whole or in part at any time and from time to time upon at least five (5) Business Days prior written notice to the Lender. All voluntary prepayments of the principal of the Term Loan shall be accompanied by the payment of all accrued but unpaid interest on the Term Loan to the date of prepayment. Amounts prepaid in respect of the Term Loan pursuant to this Section 4.2 (Voluntary Prepayments of Term Loan) may not be reborrowed. Any voluntary prepayment under this Section of less than all of the outstanding principal of the Term Loan shall be applied to the principal amount due on the Maturity Date and then to the principal installments in the inverse order of their maturities. Notwithstanding the foregoing, no prepayment shall affect the Borrower's obligation to continue making payments under any applicable SWAP Agreement which will remain in full force and effect notwithstanding such prepayment.
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Voluntary Prepayments of Term Loan. At Borrower' option, Borrower may, subject to Section 3.2 hereof, prepay the Term Loan in whole at any time or in part from time to time, in each case with accrued interest on the principal being prepaid to the date of such repayment, plus any Applicable Prepayment Premium.
Voluntary Prepayments of Term Loan. Upon five (5) Business Days’ prior written notice by Borrower to Lender (or such shorter period as Lender may agree in its sole discretion), Borrower may prepay the outstanding principal balance under the Term Loan, in whole or in part, provided that any such prepayment shall be accompanied by payment of (a) any accrued and unpaid Interest on the amount so prepaid and (b) any and all fees, costs and expenses then due and owing hereunder or under the Notes or any other Loan Document.
Voluntary Prepayments of Term Loan. 8 2.7 Voluntary Repayment of Revolving Credit Loans. . . . . . .9 2.8
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