Conversion; Prepayment. Borrowers may convert a LIBOR Rate Loan to a Base Rate Loan or prepay a LIBOR Rate Loan at any time; provided, that in the event that a LIBOR Rate Loan is converted or prepaid on any date that is not the last day of the Interest Period applicable thereto, including as a result of any prepayment through the required application by Agent of any payments or proceeds of Collateral in accordance with Section 2.2(b) or for any other reason, including early termination of the term of this Agreement or acceleration of all or any portion of the Obligations pursuant to the terms hereof, each Borrower shall indemnify, defend, and hold Agent and the Lenders and their Participants harmless against any and all Funding Losses in accordance with Section 2.8(b)(ii).
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Samples: Credit Agreement (Independence Contract Drilling, Inc.), Credit Agreement (Liberty Oilfield Services Inc.)
Conversion; Prepayment. Borrowers may convert a LIBOR Rate Loan RateSOFR Loans to a Base Rate Loan Loans or prepay a LIBOR Rate Loan SOFR Loans at any time; provided, that in the event that a LIBOR Rate Loan is RateSOFR Loans are converted or prepaid on any date that is not the last day of the Interest Period applicable thereto, including as a result of any prepayment through the required application by Agent of any payments or proceeds of Collateral in accordance with Section 2.2(b2.4(b) or for any other reason, including early termination of the term of this Agreement or acceleration of all or any portion of the Obligations pursuant to the terms hereof, each Borrower shall indemnify, defend, and hold Agent and the Lenders and their Participants harmless against any and all Funding Losses in accordance with Section 2.8(b)(ii2.12 (b)(ii).
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Conversion; Prepayment. Borrowers Borrower may convert a LIBOR Rate Loan RateSOFR Loans to a Base Rate Loan Loans or prepay a LIBOR Rate Loan SOFR Loans at any time; provided, that in the event that a LIBOR Rate Loan is RateSOFR Loans are converted or prepaid on any date that is not the last day of the Interest Period applicable thereto, including as a result of any prepayment through the required application by Administrative Agent of any payments or proceeds of Collateral in accordance with Section 2.2(b10.03(b) or for any other reason, including early termination of the term of this Agreement or acceleration of all or any portion of the Obligations pursuant to the terms hereof, each Borrower shall indemnify, defend, and hold Administrative Agent and the Lenders and their Participants harmless against any and all Funding Losses in accordance with Section 2.8(b)(ii3.11(b)(ii).
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Samples: Credit and Guarantee Agreement (Janus International Group, Inc.)
Conversion; Prepayment. Borrowers may convert a LIBOR Rate Loan Loans to a Base Rate Loan Loans or prepay a LIBOR Rate Loan Loans at any time; provided, that in the event that a LIBOR Rate Loan is Loans are converted or prepaid on any date that is not the last day of the Interest Period applicable thereto, including as a result of any prepayment through the required application by Agent of any payments or proceeds of Collateral in accordance with Section 2.2(b2.4(b) or for any other reason, including early termination of the term of this Agreement or acceleration of all or any portion of the Obligations pursuant to the terms hereof, each Borrower shall indemnify, defend, and hold Agent and the Lenders and their Participants harmless against any and all Funding Losses in accordance with Section 2.8(b)(ii2.12(b)(ii).
Appears in 1 contract
Samples: Credit Agreement (Model N, Inc.)
Conversion; Prepayment. Borrowers may convert a LIBOR Rate Loan Loans to a Base Rate Loan Loans or prepay a LIBOR Rate Loan Loans at any time; provided, that that, in the event that a LIBOR Rate Loan is Loans are converted or prepaid on any date that is not the last day of the Interest Period applicable thereto, including as a result of any prepayment through the required application by Agent of any payments or proceeds of Collateral in accordance with Section 2.2(b) any mandatory prepayment provided for in this Agreement or for any other reason, including early termination of the term of this Agreement or acceleration of all or any portion of the Obligations pursuant to the terms hereof, each Borrower shall indemnify, defend, and hold Agent and the Lenders and their Participants harmless against any and all Funding Losses in accordance with Section 2.8(b)(ii3.3(b)(ii).
Appears in 1 contract
Samples: Loan and Security Agreement (RTW Retailwinds, Inc.)
Conversion; Prepayment. Borrowers may convert a LIBOR Rate RateSOFR Loan to a Base Rate Loan or prepay a LIBOR Rate RateSOFR Loan at any time; provided, that in the event that a LIBOR Rate RateSOFR Loan is converted or prepaid on any date that is not the last day of the Interest Period applicable thereto, including as a result of any prepayment through the required application by Agent of any payments or proceeds of Collateral in accordance with Section 2.2(b) or for any other reason, including early termination of the term of this Agreement or acceleration of all or any portion of the Obligations pursuant to the terms hereof, each Borrower shall indemnify, defend, and hold Agent and the Lenders and their Participants harmless against any and all Funding Losses in accordance with Section 2.8(b)(ii).
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