Common use of Voluntary Prepayments/Reductions Clause in Contracts

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 Each 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 Borrower may, at any time and from time to time, prepay or repay any Loan, in whole or in part; provided, however, that 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, 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 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.