Voluntary Prepayments definition

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. (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 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

• Section 2.03 of the Existing Loan Agreement, titled Voluntary Prepayments of the Loan, is hereby modified as of the Amendment No. Four Effective Date to restate subsection (b) thereof in its entirety as follows: (b) Voluntary Prepayments of the Loans.

• Voluntary Prepayments If the Borrower notifies to the Lender in writing no later than five (5) business days prior to the prepayment date, then the Borrower can make prepayment of all or part of the Loan.

• If any such notice is revoked in accordance with Section 3.5(b) (Voluntary Prepayments) of the Common Terms Agreement, the Borrower shall pay any Breakage Costs incurred by any Term Lender as a result of such notice and revocation, as set forth in Section 3.5(b) (Voluntary Prepayments) of the Common Terms Agreement.

• The Borrower may, in accordance with Section 3.5 ( Voluntary Prepayments) of the Common Terms Agreement, upon prior written notice to the Term Loan Facility Agent as required by this Section 3.09 (Voluntary Prepayment), prepay in whole or in part amounts outstanding under the Term Loan Facility Agreement.

• Voluntary Prepayments ...................................................

More Definitions of Voluntary Prepayments

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).

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 Term Facilities made pursuant to Section 2.06(a) during such Calculation Period plus the amount of all optional prepayments of the Second Lien Facility made pursuant to Section 2.06(a) thereof during such Calculation Period.

Voluntary Prepayments shall refer to any prepayment of principal that the Debtor may freely made under the terms and conditions set forth in paragraph /Xxx.Xxx/ 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 Xxxxxxx 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

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

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