Common use of Application of Prepayments Clause in Contracts

Application of Prepayments. (a) APPLICATION OF VOLUNTARY PREPAYMENTS BY TYPE OF LOANS AND ORDER OF MATURITY. Any voluntary prepayments pursuant to subsection 2.4B(i) shall be applied to the Loans as specified by Company in the applicable notice of prepayment; PROVIDED that in the event Company fails to specify the Loans to which any such prepayment shall be applied, such prepayment shall be applied FIRST to repay outstanding Swing Line Loans to the full extent thereof, SECOND to repay outstanding Term Loans to the full extent thereof and THIRD to repay outstanding Acquisition Loans to the full extent thereof and FOURTH to repay outstanding Working Capital Loans to the full extent thereof. Any voluntary prepayments of the Term Loans pursuant to subsection 2.4B(i) (whether the application thereof is specified by Company or not) shall be applied to prepay the Tranche A Term Loans, the Tranche B Term Loans, and the Tranche D Term Loans on a pro rata basis (in accordance with the respective outstanding principal amounts thereof) and to reduce the scheduled installments of principal of the Tranche A Term Loans, the Tranche B Term Loans, and the Tranche D Term Loans set forth in subsection 2.4A(i), 2.4A(ii) and 2.4A(iii) in forward order of maturity.

Application of Prepayments. (a) APPLICATION OF VOLUNTARY PREPAYMENTS BY TYPE OF LOANS AND ORDER OF MATURITY. Any voluntary prepayments pursuant to subsection 2.4B(i) shall be applied to the Loans as specified by Company in the applicable notice of prepayment; PROVIDED that in the event Company fails to specify the Loans of Company to which any such prepayment shall be applied, such prepayment shall be applied FIRST to repay outstanding Swing Line Loans to the full extent thereof, SECOND to repay outstanding Term Revolving Loans to the full extent thereof thereof, and THIRD to repay outstanding Acquisition Loans to the full extent thereof and FOURTH to repay outstanding Working Capital Term Loans to the full extent thereof. Any voluntary prepayments prepayment of the Term Loans pursuant to subsection 2.4B(i) (whether the application thereof is specified by Company or not) shall be applied to prepay the Tranche A Term Loans, the Tranche B Term Loans, and Loans and/or the Tranche D C Term Loans on a pro rata basis (in accordance with the respective outstanding principal amounts thereof) manner specified by Company and to reduce the scheduled installments of principal of the Tranche A Term Loans, the Tranche B Term Loans, and Loans and/or the Tranche D C Term Loans set forth in subsection subsections 2.4A(i), 2.4A(ii) and and/or 2.4A(iii) ), as the case may be, in forward such order of maturityas Company shall direct.

Application of Prepayments. (a) APPLICATION OF VOLUNTARY PREPAYMENTS BY TYPE OF LOANS AND ORDER OF MATURITY. Any Subject to the provisions of subsection 2.4D, any voluntary prepayments pursuant to subsection 2.4B(i) shall be applied to the Loans as specified by Company Borrower in the applicable notice of prepayment; PROVIDED that in the event Company if Borrower fails to specify the Loans to which any such prepayment shall be applied, such prepayment shall be applied FIRST to repay outstanding Swing Line Term Loans to the full extent thereof, SECOND to repay outstanding Term Revolving Loans to the full extent thereof and permanently reduce the Revolving Loan Commitments and THIRD to repay cash collateralize any outstanding Acquisition Loans to the full extent thereof and FOURTH to repay outstanding Working Capital Loans to the full extent thereofLetters of Credit. Any voluntary prepayments of the Term Loans pursuant to subsection 2.4B(i) (whether the application thereof is specified by Company or not) shall be applied to prepay the Tranche A Term Loans, Loans and the Tranche B Term Loans, and the Tranche D Term Loans on a pro rata basis (in accordance with the respective outstanding principal amounts thereof) and to reduce the scheduled installments of principal of the Tranche A Term Loans, Loans and Tranche B Term Loans set forth in subsections 2.4A(i) and 2.4A(ii) on a pro rata basis (in accordance with the respective outstanding principal amounts thereof) to each remaining scheduled installment of principal of the Tranche A Term Loans or the Tranche B Term Loans, and as the Tranche D Term Loans case may be, set forth in subsection 2.4A(i) or 2.4A(ii), 2.4A(ii) and 2.4A(iii) in forward order of maturityrespectively.

Application of Prepayments. (a) APPLICATION OF VOLUNTARY PREPAYMENTS BY TYPE OF LOANS AND ORDER OF MATURITYApplication of Voluntary Prepayments by Type of Loans and Order of Maturity. Any voluntary prepayments pursuant to subsection 2.4B(i) shall be applied to the Loans as specified by Company the applicable Borrower in the applicable notice of prepayment; PROVIDED provided that in the event Company fails to specify the Loans of Company to which any such prepayment shall be applied, such prepayment shall be applied FIRST first to repay outstanding Swing Line Loans to the full extent thereof, SECOND second to repay outstanding Revolving Loans to the full extent thereof, and third to repay outstanding Term Loans to the full extent thereof and THIRD to repay outstanding Acquisition Loans to the full extent thereof and FOURTH to repay outstanding Working Capital Loans to the full extent thereof. Any voluntary prepayments prepayment of the any Borrower's Term Loans pursuant to subsection 2.4B(i) (whether the application thereof is specified by Company or not) shall be applied to prepay the Tranche A Term Loans, and, in the case of Company, the Tranche B Term Loans, and Loans and/or the Tranche D C Term Loans on a pro rata basis (in accordance with the respective outstanding principal amounts thereof) manner specified by such Borrower and to reduce the scheduled installments of principal of the Tranche A Term LoansLoans and, in the case of Company, the Tranche B Term Loans, and Loans and/or the Tranche D C Term Loans set forth in subsection subsections 2.4A(i), 2.4A(ii) and and/or 2.4A(iii) ), as the case may be, in forward such order of maturityas such Borrower shall direct.

Application of Prepayments. (a) APPLICATION OF VOLUNTARY PREPAYMENTS BY TYPE OF LOANS AND ORDER OF MATURITY. Any voluntary prepayments pursuant to subsection 2.4B(i) shall be applied to the Loans as specified by Company Borrower in the applicable notice of prepayment; PROVIDED that in the event Company Borrower fails to specify the Loans of Borrower to which any such prepayment shall be applied, such prepayment shall be applied FIRST to repay outstanding Swing Line Loans to the full extent thereof, SECOND to repay outstanding Term Revolving Loans to the full extent thereof thereof, and THIRD to repay outstanding Acquisition Loans to the full extent thereof and FOURTH to repay outstanding Working Capital Term Loans to the full extent thereof. Any voluntary prepayments prepayment of the Borrower's Term Loans pursuant to subsection 2.4B(i) (whether the application thereof is specified by Company or not) shall be applied to prepay the Tranche A Term Loans, Loans and the Tranche B Term Loans, and Loans in the Tranche D Term Loans on a pro rata basis (in accordance with the respective outstanding principal amounts thereof) manner specified by Borrower and to reduce the scheduled installments of principal of the Tranche A Term Loans, Loans and the Tranche B Term Loans, and the Tranche D Term Loans set forth in subsection subsections 2.4A(i), or 2.4A(ii) and 2.4A(iii) ), as the case may be, in forward such order of maturityas Borrower shall direct.

Application of Prepayments. (a) APPLICATION OF VOLUNTARY PREPAYMENTS BY TYPE OF LOANS AND ORDER OF MATURITY. Any voluntary prepayments pursuant to subsection 2.4B(i) shall be applied to the Loans as specified by Company in the applicable notice of prepayment; PROVIDED provided that in the event Company fails to specify the Loans to which any such prepayment shall be applied, such prepayment shall be applied FIRST first to repay outstanding Swing Line Loans to the full extent thereof, SECOND second to repay outstanding Term Loans to the full extent thereof and THIRD third to repay outstanding Acquisition Loans to the full extent thereof and FOURTH fourth to repay outstanding Working Capital Loans to the full extent thereof. Any voluntary prepayments of the Term Loans pursuant to subsection 2.4B(i) (whether the application thereof is specified by Company or not) shall be applied to prepay the Tranche A Term Loans, the Tranche B Term Loans, the Tranche C Term Loans and the Tranche D Term Loans on a pro rata basis (in accordance with the respective outstanding principal amounts thereof) and to reduce the scheduled installments of principal of the Tranche A Term Loans, the Tranche B Term Loans, the Tranche C Term Loans and the Tranche D Term Loans set forth in subsection 2.4A(i), 2.4A(ii), 2.4A(iii) and 2.4A(iii2.4A(iv) in forward order of maturity.

Application of Prepayments. (a) APPLICATION OF VOLUNTARY PREPAYMENTS BY TYPE OF LOANS AND ORDER OF MATURITY. Any voluntary prepayments pursuant to subsection 2.4B(i) shall be applied to the Loans as specified by Company the applicable Borrower in the applicable notice of prepayment; PROVIDED that in the event Company fails to specify the Loans of Company to which any such prepayment shall be applied, such prepayment shall be applied FIRST to repay outstanding Swing Line Loans to the full extent thereof, SECOND to repay outstanding Term Revolving Loans to the full extent thereof thereof, and THIRD to repay outstanding Acquisition Loans to the full extent thereof and FOURTH to repay outstanding Working Capital Term Loans to the full extent thereof. Any voluntary prepayments prepayment of the any Borrower's Term Loans pursuant to subsection 2.4B(i) (whether the application thereof is specified by Company or not) shall be applied to prepay the Tranche A Term Loans, and, in the case of Company, the Tranche B Term Loans, and Loans in the Tranche D Term Loans on a pro rata basis (in accordance with the respective outstanding principal amounts thereof) manner specified by such Borrower and to reduce the scheduled installments of principal of the Tranche A Term LoansLoans and, in the case of Company, the Tranche B Term Loans, and the Tranche D Term Loans set forth in subsection subsections 2.4A(i) and/or 2.4A(ii), 2.4A(ii) and 2.4A(iii) as the case may be, in forward such order of maturityas such Borrower shall direct.

Application of Prepayments. (a) APPLICATION OF VOLUNTARY PREPAYMENTS BY TYPE OF LOANS AND ORDER OF MATURITY. Any voluntary prepayments pursuant to subsection 2.4B(i) shall be applied to the Loans as specified by Company in the applicable notice of prepayment; PROVIDED that in the event Company fails to specify the Loans to which any such prepayment shall be applied, such prepayment shall be applied FIRST to repay outstanding Swing Line Loans to the full extent thereof, SECOND to repay outstanding Term Loans to the full extent thereof and THIRD to repay outstanding Acquisition Loans to the full extent thereof and FOURTH to repay outstanding Working Capital Loans to the full extent thereof. Any voluntary prepayments of the Term Loans pursuant to subsection 2.4B(i) (whether the application thereof is specified by Company or not) shall be applied to prepay the Tranche A Term Loans, the Tranche B Term Loans, Loans and the Tranche D C Term Loans on a pro rata basis (in accordance with the respective outstanding principal amounts thereof) and to reduce the scheduled installments of principal of the Tranche A Term Loans, the Tranche B Term Loans, Loans and the Tranche D C Term Loans set forth in subsection 2.4A(i), 2.4A(ii) and 2.4A(iii) in forward order of maturity.

Application of Prepayments. (a) APPLICATION OF VOLUNTARY PREPAYMENTS BY TYPE OF LOANS AND ORDER OF MATURITY. Any voluntary prepayments pursuant to subsection 2.4B(i) shall be applied to the Loans as specified by Company in the applicable notice of prepayment; PROVIDED that in the event Company fails to specify the Loans of Company to which any such prepayment shall be applied, such prepayment shall be applied FIRST to repay outstanding Swing Line Loans to the full extent thereof, SECOND to repay outstanding Term Revolving Loans to the full extent thereof thereof, and THIRD to repay outstanding Acquisition Loans to the full extent thereof and FOURTH to repay outstanding Working Capital Term Loans to the full extent thereof. Any voluntary prepayments prepayment of the Term Loans pursuant to subsection 2.4B(i) (whether the application thereof is specified by Company or not) shall be applied to prepay the Tranche A Term Loans, Loans and the Tranche B Term Loans, and Loans in the Tranche D Term Loans on a pro rata basis (in accordance with the respective outstanding principal amounts thereof) manner specified by Company and to reduce the scheduled installments of principal of the Tranche A Term Loans, Loans and the Tranche B Term Loans, and the Tranche D Term Loans set forth in subsection subsections 2.4A(i) and/or 2.4A(ii), 2.4A(ii) and 2.4A(iii) as the case may be, in forward such order of maturityas Company shall direct.

Application of Prepayments. (a) APPLICATION OF VOLUNTARY PREPAYMENTS BY TYPE OF LOANS AND ORDER OF MATURITY. Any voluntary prepayments pursuant to subsection 2.4B(i) shall be applied to the Loans as specified by Company in the applicable notice of prepayment; PROVIDED that in the event Company fails to specify the Loans to which any such prepayment shall be applied, such prepayment shall be applied FIRST to repay outstanding Swing Line Loans to the full extent thereof, SECOND to repay outstanding Term Loans to the full extent thereof and THIRD to repay outstanding Acquisition Loans to the full extent thereof and FOURTH to repay outstanding Working Capital Loans to the full extent thereof. Any voluntary prepayments of the Term Loans pursuant to subsection 2.4B(i) (whether the application thereof is specified by Company or not) shall be applied to prepay the Tranche A Term Loans, Loans and the Tranche B Term Loans, and the Tranche D Term Loans on a pro rata basis (in accordance with the respective outstanding principal amounts thereof) and to reduce the scheduled installments of principal of the Tranche A Term Loans, the Loans and Tranche B Term Loans, and the Tranche D Term Loans set forth in subsection 2.4A(i), 2.4A(ii) and 2.4A(iii2.4A(ii) in forward order of maturity.

Application of Prepayments. (a) APPLICATION OF VOLUNTARY PREPAYMENTS BY TYPE OF LOANS AND ORDER OF MATURITYApplication of Voluntary Prepayments by Type of Loans and --------------------------------------------------------- Order of Maturity. Any voluntary prepayments pursuant to subsection ----------------- 2.4B(i) shall be applied to the Loans as specified by Company in the applicable notice of prepayment; PROVIDED provided that in the event Company fails to -------- specify the Loans to which any such prepayment shall be applied, such prepayment shall be applied FIRST first, to repay outstanding Swing Line ----- Loans to the full extent thereof, SECOND second, to repay outstanding Term ------ Revolving Loans to the full extent thereof and THIRD third, to repay ----- outstanding Acquisition Loans to the full extent thereof and FOURTH to repay outstanding Working Capital Term Loans to the full extent thereof. Any voluntary prepayments of the Term Loans pursuant to subsection 2.4B(i) (whether the application thereof is specified by Company or not) shall be applied to prepay the Tranche A Term Loans, the Tranche B Term Loans, Loans and the Tranche D C Term Loans on a pro pro-rata basis (in accordance with the respective outstanding principal amounts thereof) and to reduce the scheduled installments of principal of the Tranche A Term Loans, the Tranche B Term Loans, Loans and the Tranche D C Term Loans set forth in subsection 2.4A(i), 2.4A(ii) and 2.4A(iii) 2.4A in forward order of maturity.

Application of Prepayments. (a) APPLICATION OF VOLUNTARY PREPAYMENTS BY TYPE OF LOANS AND ORDER OF MATURITYApplication of Voluntary Prepayments by Type of Loans and Order of Maturity. Any voluntary prepayments pursuant to subsection 2.4B(i) shall be applied to the Loans as specified by Company Borrower in the applicable notice of prepayment; PROVIDED provided that (i) each prepayment of AXELs or Additional Term Loans pursuant to this subsection 2.4B(iv) must consist of a pro rata payment of outstanding AXELs and Additional Term Loans (based upon the then outstanding principal amount of AXELs and Additional Term Loans) and (ii) in the event Company Borrower fails to specify the Loans to which any such prepayment shall be applied, such prepayment shall be applied FIRST first to repay outstanding Swing Line Loans to the full extent thereof, SECOND second to repay outstanding Term Revolving Loans to the full extent thereof thereof, and THIRD third to repay outstanding Acquisition AXELs and Additional Term Loans to on a pro rata basis (based upon the full extent thereof then outstanding principal amount of AXELs and FOURTH to repay outstanding Working Capital Loans Additional Term Loans) to the full extent thereof. Any voluntary prepayments of the Term Loans AXELs pursuant to subsection 2.4B(i) (whether the application thereof is specified by Company or not) shall be applied to prepay the Tranche A Term Loans, the Tranche B Term Loans, and the Tranche D Term Loans on a pro rata basis (in accordance with the respective outstanding principal amounts thereof) and to reduce the scheduled installments of principal of the Tranche A Term Loans, the Tranche B Term Loans, and the Tranche D Term Loans AXELs set forth in subsection subsections 2.4A(i), 2.4A(ii) and 2.4A(iii) in forward order of maturityon a pro rata basis.