Common use of Effect of Prepayments Clause in Contracts

Effect of Prepayments. Amounts of the Revolving Loans and Swing Line Loans prepaid prior to the Revolving Credit Maturity Date may be reborrowed as and to the extent provided in §2. Except as otherwise expressly provided herein, all payments shall be applied, (a) first to any fees or other charges then due and payable hereunder or under the other Loan Documents (other than amounts payable under any Hedge Agreements), (b) next to any Default Rate interest accrued and outstanding, (c) next to any interest accrued and outstanding on Swing Line Loans, (d) next to any interest accrued and outstanding on Base Rate Loans, (e) next to any interest accrued, outstanding, and payable on any LIBOR Rate Loans, (f) next to any Outstanding principal on any Swing Line Loans, (g) next to any Outstanding principal on any Revolving Loans that are Base Rate Loans, (h) next to any Outstanding principal on any Revolving Loans that are LIBOR Rate Loans, (i) next to any Outstanding principal on any Term Loans that are Base Rate Loans, and (j) next to any Outstanding principal on any Term Loans that are LIBOR Rate Loans. Amounts applied pursuant to clauses (d) and (e) of this Section shall be applied ratably and without preference or priority as between Revolving Loans and Term Loans.

Effect of Prepayments. Amounts of the Revolving Loans and Swing Line Loans prepaid prior to the Revolving Credit Maturity Date may be reborrowed as and to the extent provided in §2. Except as otherwise expressly provided herein, all payments shall be applied, (a) first to any fees or other charges then due and payable hereunder or under the other Loan Documents (other than amounts payable under any Hedge Agreements), (b) next to any Default Rate interest accrued and outstanding, (c) next to any interest accrued and outstanding on Swing Line Loans, (d) next to any interest accrued and outstanding on Base Rate Loans, (e) next to any interest accrued, outstanding, and payable on any LIBOR Rate Loans, (f) next to any Outstanding principal on any Swing Line Loans, (g) next to any Outstanding principal on any Revolving Loans that are Base Rate Loans, and (h) next to any Outstanding principal on any Revolving Loans that are LIBOR Rate Loans, (i) next to any Outstanding principal on any Term Loans that are Base Rate Loans, and (j) next to any Outstanding principal on any Term Loans that are LIBOR Rate Loans. Amounts applied pursuant to clauses (d) and (e) of this Section shall be applied ratably and without preference or priority as between Revolving Loans and Term Loans.

Effect of Prepayments. Amounts of the Revolving Loans and Swing Line Loans prepaid prior to the Revolving Credit Maturity Date may be reborrowed as and to the extent provided in §2. Except as otherwise expressly provided herein, all payments shall be applied, (a) first to any fees or other charges then due and payable hereunder or under the other Loan Documents (other than amounts payable under any Hedge Agreements), (b) next to any Default Rate interest accrued and outstanding, (c) next to any interest accrued and outstanding on Swing Line Loans, (d) next to any interest accrued and outstanding on Base Rate Loans, (e) next to any interest accrued, outstanding, and payable on any LIBOR Rate Loans, (f) next to any Outstanding principal on any Swing Line Loans, (g) next to any Outstanding principal on any Revolving Loans that are Base Rate Loans, (h) next to any Outstanding principal on any Revolving Loans that are LIBOR Rate Loans, (i) next to any Outstanding principal on any Term Loans that are Base Rate Loans, and (j) next to any Outstanding principal on any Term Loans that are LIBOR Rate Loans. Amounts applied pursuant to clauses (d) and (e) of this Section shall be applied ratably and without preference or priority as between Revolving Loans and Term Loans.

Effect of Prepayments. Amounts Except as provided for payments required under §4.2 and pursuant to §5.4(c) herein, any amount of the Revolving Loans and Swing Line Loans prepaid prior to the Revolving Credit Maturity Date, the Amortization Date or the date of any Required Commitment Reduction, as the case may be reborrowed shall be available for re-borrowings as and to the extent provided in §22.2. Except as otherwise expressly provided herein, all payments shall be applied, applied (a) first to any fees or other charges then due and payable to Agent hereunder or under the other Loan Documents (other than amounts payable under any Hedge Agreements)Documents, (b) next to any Default Rate interest accrued and outstanding, (c) next to any interest accrued and outstanding on Swing Line Swingline Loans, (d) next to any interest accrued and outstanding on Base Prime Rate Loans, (e) next to any interest accrued, outstanding, and payable on any LIBOR Rate Loans, (f) next to any Outstanding outstanding principal on any Swing Line Swingline Loans, (g) next to any Outstanding outstanding principal on any Revolving Loans that are Base Prime Rate Loans, (h) next to any Outstanding outstanding principal on any Revolving Loans that are LIBOR Rate Loans, (i) ; and next to any Outstanding principal on any Term Loans that are Base Rate Loans, and (j) next other Obligations owing to any Outstanding principal on any Term Loans that are LIBOR Rate Loans. Amounts applied pursuant to clauses (d) and (e) of this Section shall be applied ratably and without preference or priority as between Revolving Loans and Term Loansthe Lenders hereunder.