Application of Prepayments of Loans. to Base Rate Loans and ---------------------------------------------------------- Eurodollar Rate Loans. Considering each Class of Loans being prepaid --------------------- separately, any prepayment thereof shall be applied first to Base Rate Loans to the full extent thereof before application to Eurodollar Rate Loans, in each case in a manner which minimizes the amount of any payments required to be made by Company pursuant to Section 2.17(c).
Appears in 2 contracts
Samples: Credit and Guaranty Agreement (Focal Communications Corp), Credit and Guaranty Agreement (Focal Communications Corp)
Application of Prepayments of Loans. to Base Rate Loans and ---------------------------------------------------------- Eurodollar Rate Loans. Considering each Class of Loans being prepaid --------------------- separately, any Any prepayment thereof shall be applied first to Base Rate Loans to the full extent thereof before application to Eurodollar Rate Loans, in each case in a manner which minimizes the amount of any payments required to be made by Company Borrower pursuant to Section 2.17(c).
Appears in 1 contract
Application of Prepayments of Loans. to Base Rate Loans and ---------------------------------------------------------- Eurodollar Rate Loans. Considering each Class of Loans being prepaid --------------------- separately, any Any prepayment thereof shall be applied first to Base Rate Loans to the full extent thereof before application to Eurodollar Rate Loans, in each case in a manner which minimizes the amount of any payments required to be made by Company pursuant to Section 2.17(c2.15(c).
Appears in 1 contract
Samples: Credit and Guaranty Agreement (Amscan Holdings Inc)
