Applications of Certain Prepayment Proceeds. Each prepayment required to be made pursuant to Sections 2.13(c)(iv), (v), (vi) or (vii) above shall be applied as a mandatory prepayment of principal of the outstanding Term Loans, with such amounts being applied to reduce the Scheduled Repayments thereof in the inverse order of maturity.
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Samples: Credit Agreement (Gibraltar Industries, Inc.), Credit Agreement (Gibraltar Industries, Inc.)
Applications of Certain Prepayment Proceeds. Each prepayment required to be made pursuant to Sections 2.13(c)(ivSection 2.10(b)(ii), (iii), (iv), (v), (vi) or (viivi) above shall be applied as a mandatory prepayment of principal the outstanding Revolving Loans (without a reduction of the outstanding Term Loans, with such amounts being applied to reduce the Scheduled Repayments thereof in the inverse order of maturitycommitments related thereto).
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Applications of Certain Prepayment Proceeds. Each prepayment required to be made pursuant to Sections 2.13(c)(ivSection 2.10(b)(iii), (viv), (iv), (vi) ), or (vii) above shall be applied as a mandatory prepayment of principal of the outstanding Term Revolving Loans, with such amounts being applied to reduce the Scheduled Repayments thereof in the inverse order of maturity.
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Samples: Credit Agreement (Preferred Apartment Communities Inc)
Applications of Certain Prepayment Proceeds. Each prepayment required to be made pursuant to Sections Section 2.13(c)(iv), (v), (vi) ), or (vii) above shall be applied as a mandatory prepayment of principal of the outstanding Term Loans, with such amounts being applied to reduce the Scheduled Repayments thereof of the Term Loans and the Other Term Loans, if any, in the inverse order of their maturity.
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