Common use of Loan Prepayment Clause in Contracts

Loan Prepayment. The Borrower shall, concurrently with the borrowing of Tranche A Term Loans, prepay all loans outstanding under the Original Credit Agreement prior to the effectiveness of this Agreement, which prepayment shall be accompanied by accrued and unpaid interest on the loans being prepaid, any accrued and unpaid commitment fees on the Revolving Credit Commitments (as defined in the Original Credit Agreement) and any breakage amounts or other amounts required to be paid in respect thereof. Such prepayment may be financed (subject to satisfaction of applicable borrowing conditions under Section 4.02) with the proceeds of the Revolving Credit Loans made after the effectiveness of this Agreement. Without limiting the generality of the provisions of Section 9.04, for purposes of determining compliance with the conditions specified in this Section 4.01, each Lender that has signed this Agreement shall be deemed to have consented to, approved or accepted or to be satisfied with, each document or other matter required thereunder to be consented to or approved by or acceptable or satisfactory to a Lender unless the Administrative Agent shall have received notice from such Lender prior to the proposed Amendment and Restatement Effectiveness Date specifying its objection thereto.