Voluntary Prepayments definition

Voluntary Prepayments means any voluntary prepayment of Loans pursuant to Section 2.12(a) to the extent not financed using the proceeds of the incurrence of any long-term Indebtedness (other than revolving Indebtedness).

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Voluntary Prepayments means a prepayment of principal of Term Loans pursuant to Section 2.12(a) in any year to the extent that such prepayment reduces the scheduled installments of principal due in respect of Term Loans in any subsequent year.

Voluntary Prepayments means a prepayment of principal of Term Loans pursuant to Section 2.12 in any fiscal year to the extent that such prepayment reduces the scheduled installments of principal due in respect of Term Loans in any subsequent fiscal year.

Examples of Voluntary Prepayments in a sentence

• Deposits Not Available], the Borrower shall, subject to the Borrower’s indemnification Obligations under Section 5.10 [Indemnity], as to any Loan of the Lender to which a LIBOR Rate Option applies, on the date specified in such notice either convert such Loan to the Base Rate Option otherwise available with respect to such Loan or prepay such Loan in accordance with Section 5.6 [Voluntary Prepayments].

• Such notice may be conditional and subject to revocation as set forth in Section 3.5(b) (Voluntary Prepayments) of the Common Terms Agreement.

• In determining whether the interest contracted for, charged, or received by a Lender exceeds the Maximum Rate, such Lender may, to the extent permitted by applicable Law, (a) characterize any payment that is not principal as an expense, fee, or premium rather than interest, (b) exclude Voluntary Prepayments and the effects thereof, and (c) amortize, prorate, allocate, and spread in equal or unequal parts the total amount of interest throughout the contemplated term of the Obligations.

• Deposits Not Available], the Borrower shall, subject to the Borrower's indemnification Obligations under Section 5.10 [Indemnity], as to any Loan of the Lender to which a LIBOR Rate Option applies, on the date specified in such notice either convert such Loan to the Base Rate Option otherwise available with respect to such Loan or prepay such Loan in accordance with Section 5.6 [Voluntary Prepayments].

• Extend the final date for Discounted Voluntary Prepayments from December 31, 2013 to December 31, 2016 in Section 2.16(a).

More Definitions of Voluntary Prepayments

Voluntary Prepayments. (a) any voluntary prepayment of Loans pursuant to Section 2.11(a) and (b) any voluntary prepayment of ABL Loans in accordance with the ABL Facility to the extent that the commitments in respect of such loans are substantially concurrently reduced voluntarily in an equal amount, in each case, to the extent not financed using the proceeds of the incurrence of any long-term Debt (other than revolving Debt).

Voluntary Prepayments means (a) any voluntary prepayment of Term Loans or Incremental Term Loans pursuant to Section 2.11(a) and (b) any voluntary prepayment of ABL Loans or Replacement ABL Loans in accordance with the ABL Credit Agreement or a Replacement ABL Credit Agreement, as applicable, in each to the extent that the commitments in respect of such loans are substantially concurrently reduced voluntarily in an equal amount, in each case, to the extent not financed using the proceeds of the incurrence of any long-term Indebtedness (other than revolving Indebtedness).

Voluntary Prepayments of Swingline Loans shall be made by the Company to the Swingline Lender at such office as the Swingline Lender may designate by notice to the Company from time to time. All such payments shall be made in Dollars and in immediately available funds no later than 4:00 p.m. (Chicago time) on the date specified by the Company pursuant to clause (i) above (and any payment received later than such time shall be deemed to have been received on the next Business Day). The Swingline Lender will promptly notify the Administrative Agent of the amount of each prepayment of Swingline Loans.

Voluntary Prepayments means, with respect to any Calculation Period, the amount of all optional prepayments of the First Lien Term Facilities made pursuant to Section 2.06(a) during such Calculation Period plus the amount of all optional prepayments of the Facility made pursuant to Section 2.06(a) during such Calculation Period.

Voluntary Prepayments. Substantially as set forth in the Existing Credit Agreement and ratably with the existing term loans under the Existing Credit Agreement.

Voluntary Prepayments. Provided that such prepayment is permitted under the First Lien Facility, Second Lien Facility may be prepaid, in whole or in part, without premium or penalty, other than the Prepayment Premium (as defined below).

Voluntary Prepayments shall refer to any prepayment of principal that the Debtor may freely made under the terms and conditions set forth in paragraph /▇▇▇.▇▇▇/ of Section Six hereof. “Parties” shall jointly referred to the Debtor, Creditor, Agent Bank, and Guarantors as set for in the recitals hereof. “Person” shall refer to any individual or corporation, as well as any association, entity or any other kind of organization or body. “Interest Period” shall refer to each period that begins on an Interest Payment Date and ends on the Interest Payment Date immediately subsequent thereto, except for the first Period of Interest that begins on the Disbursement date and ends on the Interest Payment Date immediately subsequent, in both cases, including the first day and excluding the last day thereof. “Related Persons” shall have the meaning given to it in Section 100 of the Ley sobre ▇▇▇▇▇▇▇ de Valores (Chilean Securities Law) No. 18.045 published in the Official Gazette on October 22, 1981 as amended. “Pesos” shall refer to Chilean pesos, currency of legal tender in Chile. “Committed Pledges” shall refer to the first lien pledges on shares and