Common use of Applications of Prepayments and Reductions Clause in Contracts

Applications of Prepayments and Reductions. (i) Each prepayment of Loans pursuant to this Section 2.08 shall be applied ratably to the respective Loans of all of the Lenders.

Appears in 17 contracts

Samples: Credit Agreement (PPL Energy Supply LLC), Credit Agreement (PPL Electric Utilities Corp), Day Credit Agreement (PPL Montana LLC)

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Applications of Prepayments and Reductions. (i) Each payment or prepayment of Loans pursuant to this Section 2.08 2.09 shall be applied ratably to the respective Loans of all of the Lenders.

Appears in 16 contracts

Samples: Revolving Credit Agreement (PPL Energy Supply LLC), Revolving Credit Agreement (PPL Energy Supply LLC), Revolving Credit Agreement (PPL Energy Supply LLC)

Applications of Prepayments and Reductions. (i) Each prepayment of Loans pursuant to this Section 2.08 2.09 shall be applied ratably to the respective Loans of all of the Lenders.

Appears in 3 contracts

Samples: Credit Agreement (PPL Energy Supply LLC), Credit Agreement (PPL Energy Supply LLC), Credit Agreement (PPL Energy Supply LLC)

Applications of Prepayments and Reductions. (i) Each Subject to Section 7.02, each prepayment of Loans pursuant to this Section 2.08 shall be applied ratably to the respective Loans of all of the Lenders.

Appears in 1 contract

Samples: Credit and Revolving Credit Agreement (PPL Energy Supply LLC)

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Applications of Prepayments and Reductions. (i) Each prepayment of Loans pursuant to this Section 2.08 shall be applied ratably to the respective Loans of all of the Lenders.

Appears in 1 contract

Samples: Credit and Reimbursement Agreement (PPL Energy Supply LLC)

Applications of Prepayments and Reductions. (i) Each payment or prepayment of Loans pursuant to this Section 2.08 shall be applied ratably to the respective Loans of all of the Lenders.

Appears in 1 contract

Samples: Credit Agreement (PPL Corp)

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