Mandatory Prepayments, Generally. Any prepayments made pursuant to this Section 2.05 shall be first applied to Base Advances and then to LIBOR Advances, without premium or penalty, except the Borrower must pay together with any such prepayments, any Consequential Losses. Application of all payments and prepayments shall be applied in accordance with the terms of Section 2.13(f) hereof.
Mandatory Prepayments, Generally. All mandatory prepayments made pursuant to Section 2.6(e), Section 2.6(f), Section 2.6(g), Section 2.6(h) and/or Section 2.6(i) shall be applied as follows: first, to the payment of Lender Expenses then due and payable pursuant to any of the Loan Documents; second, to the payment of accrued interest on the Term Loan; third, to the payment of accrued interest on the Revolving Loan; fourth, to the payment of principal outstanding on the Term Loan in inverse order of maturity; fifth, to the payment of principal outstanding on the Revolving Loan (together with a permanent commitment reduction thereunder in the amount of such payment); sixth, to any other Secured Obligations; and seventh, after all Secured Obligations are repaid, the excess (if any) shall be refunded to Borrower.
Mandatory Prepayments, Generally. The application of prepayments made under this Section 2.05 as between the Revolver Loan, the Special Purpose Loan and the Term Loan shall be determined in accordance with the provisions of Section 2.13(f) hereof. All prepayments made pursuant to this Section 2.05 shall be first applied to Base Advances then to LIBOR Advances, all without premium or penalty, except the Borrower must pay together with any such prepayments, any Consequential Losses.
Mandatory Prepayments, Generally. The application of prepayments made under this Section 2.05 as between the Swingline Loan, the Revolver A Loan, the Revolver B Loan and the Working Line Loan shall be determined in accordance with the provisions of Section 2.13(f) hereof. All prepayments made pursuant to this Section 2.05 (other than to the Swingline Loan) shall be first applied to Base Advances then to LIBOR Advances, all without premium or penalty, except the Borrower must pay together with such prepayments, any accrued interest on LIBOR Advances repaid by such prepayments and any Consequential Losses. After (i) the Conversion Date, and (ii) the Option Date (if the Borrower and the SuperMajority Lenders did not agree to an Extension Option), Working Line Advances prepaid hereunder may not be reborrowed.
Mandatory Prepayments, Generally. Except as otherwise specifically provided herein, the application of prepayments made under this Section 2.05 as between the Domestic Revolver Loan and the Foreign Revolver Loan shall be determined in accordance with the provisions of Section 2.13(f) hereof. All prepayments made pursuant to this Section 2.05 shall be first applied to Base Advances then to LIBOR Advances, all without premium or penalty, except the Borrower must pay together with any such prepayments, any Consequential Losses.
Mandatory Prepayments, Generally. Each Mandatory Prepayment made with respect to the Term Loan B shall be applied to the payments of principal in the inverse order of maturities. Each Mandatory Prepayment made with respect to a Specific Commitment shall be applied in the following order (A) first, to the outstanding Base Rate Loans, and (B) second, to the outstanding Eurodollar Loans, provided that if the outstanding principal amount of any Eurodollar Loan shall be reduced to an amount less than the minimum amount set forth in Section 2.6(d) hereof as a result of such prepayment, then such Eurodollar Loan shall be converted into a Base Rate Loan on the date of such prepayment. Any prepayment of a Eurodollar Loan pursuant to this Section 2.12 shall be subject to the prepayment provisions set forth in Article III hereof. Unless otherwise agreed by the Revolving Lenders holding at least fifty-one percent (51%) of the Revolving Credit Commitment (based upon their respective Applicable Commitment Percentages), any time there is a Mandatory Prepayment of Revolving Loans pursuant to this Section 2.12(d)(ii), the Revolving Credit Commitment shall be permanently reduced by the amount of such Mandatory Prepayment allocated thereto, whether or not there shall be any Revolving Credit Exposure thereunder.
Mandatory Prepayments, Generally. Each Mandatory Prepayment made with respect to the Term Loan shall be applied to the payments of principal in the inverse order of maturities. Each Mandatory Prepayment made with respect to a Specific Commitment shall be applied in the following order (A) first, to the outstanding Base Rate Loans, and (B) second, to the outstanding Eurodollar Loans, provided that if the outstanding principal amount of any Eurodollar Loan shall be reduced to an amount less than the minimum amount set forth in Section 2.6(d) hereof as a result of such prepayment, then such Eurodollar Loan shall be converted into a Base Rate Loan on the date of such prepayment. Any prepayment of a Eurodollar Loan pursuant to this Section 2.11 shall be subject to the prepayment provisions set forth in Article III hereof.
Mandatory Prepayments, Generally. Any prepayments made pursuant to this Section 2.05 shall be first applied to Base Advances under the Swingline Loan, then to Base Advances under the Revolving Loan, and then to LIBOR Advances, without premium or penalty, except the Borrower must pay together with any such prepayments, any Consequential Losses.
Mandatory Prepayments, Generally. Any prepayments made pursuant to this Section 2.05 shall be first applied to Base Advances then to LIBOR Advances, all without premium or penalty, except the Borrower must pay together with any such prepayments, any Consequential Losses. All prepayments made and applied to the Term Loan shall permanently and irrevocably reduce the Term Loan, in the inverse order of maturity.
Mandatory Prepayments, Generally. The Borrower shall notify the Administrative Agent by telephone (confirmed by facsimile or by other electronic transmission) of any prepayment under this Section 2.12 (i) in the case of prepayment of a Eurocurrency Borrowing, not later than 2:00 p.m., New York City time, three Business Days before the date of prepayment or (ii) in the case of prepayment of an ABR Borrowing, not later than 2:00 p.m., New York City time, one Business Day before the date of prepayment. Each such notice shall be irrevocable and shall specify the prepayment date and the principal amount of Loans to be prepaid and set forth a reasonably detailed calculation of the amount of such mandatory prepayment. Promptly following receipt of any such notice, the Administrative Agent shall advise the Banks of the contents thereof. Each prepayment under this Section 2.12 shall be applied ratably to the Loans then outstanding and shall be accompanied by accrued interest. Amounts prepaid under this Section 2.12 shall not be reborrowed. Any termination or reduction of the Commitments pursuant to this Section 2.12 shall be permanent.
