Designated Prepayment definition

Designated Prepayment is defined in Section 2.5(B)(i)(e).

Designated Prepayment means each mandatory prepayment required by clauses (i) and (ii) of Section 2.03(c).

Designated Prepayment means each mandatory prepayment required by clauses (i), (ii), and (iii) of Section 4.01(b).

Examples of Designated Prepayment in a sentence

• The Holder may specify a Designated Prepayment Event Amount that is less than the Maximum Prepayment Event Amount only if the amount so designated is $1,000 or an integral multiple thereof.

• Upon completion of the restoration, rebuilding or replacement of such property, the unused proceeds shall constitute Net Cash Proceeds of an Asset Sale and shall be applied as a Designated Prepayment of the Term Loans pursuant to Section 2.5(B).

• Upon completion of the restoration, rebuilding or replacement of such property, the unused proceeds shall be applied as a Designated Prepayment pursuant to Section 2.5(B).

• The Holder may exercise its rights specified in this Section 3.2 by delivery of a written notice (a “Prepayment Event Notice”) to the Maker at any time prior to the close of business on the Business Day next preceding the Prepayment Event Date specifying the Designated Prepayment Event Amount.

• The U.S. Borrower shall give the Agent prior written notice or telephonic notice promptly confirmed in writing (each of which the Agent shall promptly transmit to each Lender), when a Designated Prepayment will be made (which date of prepayment shall be no later than the date on which such Designated Prepayment becomes due and payable pursuant to this Section 4.01(b)).

More Definitions of Designated Prepayment

Designated Prepayment is defined in Section 3.6 (f).

Designated Prepayment. The Borrower shall give the Lender not less than one (1) Business Day's prior written notice or telephonic notice promptly confirmed in writing, of the date on which each such Designated Prepayment will be made (which date of prepayment shall be no later than the date on which such Designated Payment becomes due and payable pursuant to this SECTION 3.01(b)).

Designated Prepayment is defined in SECTION 3.01(b)(iii).

Designated Prepayment has the meaning specified in Section 2.01(b).

Designated Prepayment means each mandatory prepayment required by Section 4.01(b).

Designated Prepayment has the meaning specified in SECTION 2.01(b).

Designated Prepayment is defined in Section 2.5(B)(i)(f) hereof.