Voluntary Prepayments/Reductions. (i) The Borrower may, at any time and from time to time, prepay or repay any Loan, in whole or in part; provided, however, LIBO Rate Loans may only be prepaid (A) in whole or in part on the expiration date of the then applicable LIBO Rate Interest Period, upon at least three (3) Business Days' prior written notice to the Funding Agent (which the Funding Agent shall promptly transmit to each Lender) or (B) otherwise upon payment of the amounts described in Section 4.02(f). Any notice of prepayment given to the Funding Agent under this Section 3.01(a)(i) shall specify the type of Loans to be prepaid or repaid, the date (which shall be a Business Day) of prepayment or repayment, and the aggregate principal amount of the prepayment or repayment. Any prepayment or repayment of Term Loans shall be applied to each remaining principal installment of such Term Loans on a pro rata basis. When notice of prepayment is delivered as provided herein, the principal amount of the Loans specified in the notice shall become due and payable on the prepayment date specified in such notice.
Voluntary Prepayments/Reductions. (i) The Borrowers may, at any time and from time to time, prepay the Loans in whole or in part; provided, however, that any partial prepayment of Eurodollar Rate Loans shall be in minimum amounts of $500,000 and in multiples of $100,000 in excess thereof and that any partial prepayment of Base Rate Loans shall be in minimum amounts of $200,000 and in multiples of $100,000 in excess thereof; provided, further, that Eurodollar Rate Loans may only be prepaid (A) in whole or in part on the expiration date of the then applicable Eurodollar Interest Period, upon at least one (1) Business Day's prior written notice to the Administrative Agent (which the Administrative Agent shall promptly transmit to each Lender, it being agreed that the failure of the Administrative Agent to give such notice shall not affect the Borrowers' right to prepay any Loan) or (B) otherwise upon payment of the amounts described in Section 4.02(f). Any notice of prepayment given to the Administrative Agent under this Section 3.01(a)(i) shall specify the Loans to be prepaid, the date (which shall be a Business Day) of prepayment, and the aggregate principal amount of the prepayment. Any prepayment of Term Loans shall be applied pro rata to the remaining principal installments of the Term Loans. When notice of prepayment is delivered as provided herein, the principal amount of the Loans specified in the notice shall become due and payable on the prepayment date specified in such notice.
Voluntary Prepayments/Reductions. (i) The Borrowers may, upon at least two (2) Business Days' prior written notice to the Administrative Agent, at any time and from time to time, prepay the Loans in whole or in part without premium or penalty; provided, however, no such prior notice is required for the automatic daily cash sweep and paydown of the Loans. Any notice of prepayment given to the Administrative Agent under this Section 3.01(a)(i) shall specify the Loans to be prepaid, the date (which shall be a Business Day) of prepayment, and the aggregate principal amount of the prepayment. When notice of prepayment is delivered as provided herein, the principal amount of the Loans specified in the notice, together with accrued and unpaid interest thereon, shall become due and payable on the prepayment date specified in such notice and such notice shall be irrevocable.
Voluntary Prepayments/Reductions. (i) The Borrowers may, upon at least three (3) Business Days' prior written notice to the Administrative Agent, at any time and from time to time, prepay the Loans in whole or in part without premium or penalty (except as provided in Section 4.02(f)) upon notice to the Administrative Agent. Any notice of prepayment given to the Administrative Agent under this Section 3.01(a)(i) shall specify the Loans to be prepaid, the date (which shall be a Business Day) of prepayment, and the aggregate principal amount of the prepay- ment. When notice of prepayment is delivered as provided herein, the principal amount of the Loans specified in the notice shall become due and payable on the prepayment date specified in such notice.
Voluntary Prepayments/Reductions. (i) The Borrower may, upon at least one (1) Business Day's prior written notice to the Lender, at any time and from time to time, prepay the Term Loan, in whole or in part. Unless the aggregate outstanding principal balance of the Term Loan is to be prepaid in full, voluntary prepayments of the Term Loan shall be in an aggregate minimum amount of $100,000 and integral multiples of $100,000 in excess of that amount. Each voluntary prepayment shall be applied to the unpaid installments of the Term Loan in the forward order of maturity and shall premanently reduce the Term Loan Commitment of the Lender. Any notice of prepayment given to the Lender under this SECTION 3.01(a)(i) shall specify the date (which shall be a Business Day) of prepayment and the aggregate principal amount of the prepayment. When notice of prepayment is delivered as provided herein, the principal amount of the Term Loan specified in the notice shall become due and payable on the prepayment date specified in such notice.
Voluntary Prepayments/Reductions. (i) The Borrower may, at any time and from time to time, prepay the Loans in whole or in part upon at least one (1) Business Day's (with respect to Base Rate Loans) or three (3) Business Days' (with respect to Eurodollar Rate Loans) prior written notice to the Administrative Agent (which the Administrative Agent shall promptly transmit to each Lender, it being agreed that the failure of the Administrative Agent to give such notice shall not affect the Borrower's right to prepay any Loan); provided, however, that (A) any partial prepayment of Revolving Loans shall be in minimum amounts of $500,000 and in multiples of $100,000 in excess thereof and that any partial prepayment of Term Loans shall be in minimum amounts of $1,000,000 and in multiples of $100,000 in excess thereof, (B) Eurodollar Rate Loans may only be prepaid (1) in whole or in part on the expiration date of the then applicable Eurodollar Interest Period or (2) otherwise upon payment of the amounts described in Section 4.02(f) and (C) if Term B Loans are prepaid in whole or in part at any time during the period commencing on the Effective Date and ending on the date which is the second anniversary thereof, the Borrower will pay the applicable amount described in Section 4.03(c) . Any notice of prepayment given to the Administrative Agent under this Section 3.01(a)(i) shall specify the Loans to be prepaid, the date (which shall be a Business Day) of prepayment, and the aggregate principal amount of the prepayment. Any prepayment of Term Loans shall be applied in the proportions specified by the Borrower to the Term A Loans and the Term B Loans but the amounts, if any, applied to each of the Term A Loans and Term B Loans shall be applied pro rata to the remaining principal installments of such Term Loans. When notice of prepayment is delivered as provided herein, the principal amount of the Loans specified in the notice shall become due and payable on the prepayment date specified in such notice.
Voluntary Prepayments/Reductions. 56 2.12. Mandatory Prepayments/Reductions................................ 57 2.13. Application of Prepayments/Reductions; Prepayment Fee........... 59 2.14. Allocation of Certain Payments and Proceeds..................... 61 2.15. General Provisions Regarding Payments........................... 62 2.16.
Voluntary Prepayments/Reductions. (i) The Borrowers may prepay Floating Rate Loans on any Business Day, in whole or in part, upon written notice by Borrower Representative no later than 1:00 p.m. (New York time) on such day with respect to Revolving Loans (and 4:00 p.m. (New York time) on such day with respect to Swing Loans) to the Administrative Agent (which the Administrative Agent shall promptly transmit to each Lender as applicable), provided that the Borrowers shall not be required to give notice to the Administrative Agent for any prepayments made pursuant to Section 3.05.
Voluntary Prepayments/Reductions. 28 2.10. Mandatory Prepayments/Reductions...................................29 2.11.
Voluntary Prepayments/Reductions. (a) Any time and from time to time, Borrowers may prepay any Loans on any Business Day in whole or in part, in an aggregate minimum amount of $1,000,000 and integral multiples of $500,000 in excess of that amount; provided that, the number of prepayments allowed pursuant -------- to this Section 2.9(a) shall not exceed four (4) during the term of this Agreement. All such prepayments shall be made upon not less than three Business Days' prior written or telephonic notice, given to Administrative Agent by 12:00 noon (New York City time) on the date required and, if given by telephone, promptly confirmed in writing to Administrative Agent (and Administrative Agent will promptly transmit such telephonic or original notice for by telefacsimile or telephone to each Lender). Upon the giving of any such notice, the principal amount of the Loans specified in such notice shall become due and payable on the prepayment date specified therein.
