Application of Certain Mandatory Prepayments. Any prepayments made by Borrower pursuant to Sections 1.2(b)(ii), (b)(iii), or (b)(iv) above shall be applied as follows: first, to Fees and reimbursable expenses of Agent then due and payable pursuant to any of the Loan Documents; second, to interest then due and payable on the Revolving Loan; and third, to the outstanding principal balance of Revolving Credit Advances until the same has been paid in full.
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Application of Certain Mandatory Prepayments. Any prepayments made by Borrower pursuant to Sections 1.2(b)(ii)1.3(b) above, (b)(iii), and any prepayments from insurance or condemnation proceeds in accordance with Section 5.4(b) or (b)(ivc) above and any Mortgages, respectively, shall be applied as follows: first, to Fees and reimbursable expenses of Agent then due and payable pursuant to any of the Loan Documents; second, to interest then due and payable on the Revolving Loan; and third, to prepay the outstanding principal balance of Revolving Credit Advances the Loan until the same has such Loan shall have been paid prepaid in full.
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Application of Certain Mandatory Prepayments. Any prepayments made by Borrower pursuant to Sections 1.2(b)(ii), (b)(iii), iii) or (b)(iviv) above shall be applied as follows: first, to Fees and reimbursable expenses of Agent Lender then due and payable pursuant to any of the Loan Documents; second, to interest then due and payable on the Revolving Term Loan; and third, to prepay the outstanding scheduled principal balance installments of Revolving Credit Advances the Term Loan in inverse order of maturity, until the same has such Term Loan shall have been paid prepaid in full.
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Samples: Loan Agreement
Application of Certain Mandatory Prepayments. Any prepayments made by Borrower pursuant to Sections 1.2(b)(ii), (b)(iii), or (b)(ivSection 1.3(b) above shall be applied as follows: first, to Fees and reimbursable expenses of Agent then due and payable pursuant to any of the Loan Documents; second, to interest then due and payable on the Revolving Term Loan; and third, to prepay the outstanding principal balance amount of Revolving Credit Advances the Term Loan, until the same has Term Loan shall have been paid prepaid in full.
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Application of Certain Mandatory Prepayments. Any prepayments made by Borrower pursuant to Sections 1.2(b)(ii), (b)(iii), Section 1.3(b)(ii) or (b)(iviii) above shall be applied as followsin accordance with the Order, and, to the extent applied to the Obligations, applied: first, to Fees and reimbursable expenses of Agent and Lenders then due and payable pursuant to any of the Loan Documents; second, to interest then due and payable on the Revolving LoanCredit Advances; and third, to the outstanding principal balance of Revolving Credit Advances outstanding until the same has been paid in full.
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Samples: Credit Agreement
Application of Certain Mandatory Prepayments. Any prepayments made by any Borrower pursuant to Sections 1.2(b)(iiSection 1.3(b)(i),(ii), (b)(iii), iii) or (b)(iviv) above shall be applied as follows: first, to Fees and reimbursable expenses of Agent then due and payable pursuant to any of the Loan Documents; second, to interest then due and payable on the Revolving Term Loan; and third, to prepay the outstanding scheduled principal balance installments of Revolving Credit Advances the Term Loan in inverse order of maturity, until the same has been paid prepaid in full.
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