Allocation of Prepayments definition
Allocation of Prepayments. Any mandatory prepayments which are not accepted by the Lenders under Facility A shall be paid to the Lenders under Facility B until Facility B is paid in full. Any mandatory prepayments which are not accepted by the Lenders under Facility B shall be paid to the Lenders under Facility A until Facility A is paid in full. All prepayments to be applied to either of Facilities A or B shall be applied to the principal installments thereof in the inverse order of maturity.