Common use of Certain Prepayments Clause in Contracts

Certain Prepayments. If, on the date on which the interest rate is to be determined for any Interest Period in respect of a Eurocurrency Loan under the Multicurrency Facility, the amount of the Total Multicurrency Extensions of Credit exceeds the Total Multicurrency Commitments, the Primary Borrower shall, or shall cause the relevant Borrower to, on the first day of such Interest Period, prepay outstanding Multicurrency Loans in an amount so that after giving effect to any such prepayments, the amount of the Total Multicurrency Extensions of Credit does not exceed the Total Multicurrency Commitments.

Appears in 2 contracts

Sources: Credit Agreement (Six Flags Inc), Credit Agreement (Premier Parks Inc)