Common use of Notice of Prepayment; Application of Prepayments Clause in Contracts

Notice of Prepayment; Application of Prepayments. The Borrower shall notify the Administrative Agent (and, in the case of a prepayment of a Swingline Loan, the Swingline Lender) by telephone (confirmed by telecopy) or, with respect to Foreign Currency Borrowings, in writing, of any prepayment hereunder (i) in the case of prepayment of a Eurodollar Borrowing, not later than 11:00 a.m., Dallas, Texas time, three Business Days before the date of prepayment, (ii) in the case of prepayment of an ABR Borrowing, not later than 11:00 a.m., Dallas, Texas time, one Business Day before the date of prepayment, (iii) in the case of a prepayment of an English Pounds Sterling Borrowing, not later than 9:30 a.m., London, England time, two Business Days before the date of prepayment and (iv) in the case of prepayment of any other type of Foreign Currency Loan not later than 9:30 a.m., the applicable Foreign Currency Office time, three Business Days before the date of prepayment. Each such notice shall be irrevocable and shall specify the prepayment date and the principal amount of each Borrowing or portion thereof to be prepaid (which amount shall be in a minimum principal amount of $5,000,000 and in $1,000,000 increments in excess thereof, provided that Swingline Loans may be prepaid in any amount); provided that, if a notice of prepayment is given in connection with a conditional notice of termination of the Commitments as contemplated by Section 2.09, then such notice of prepayment may be revoked if such notice of termination is revoked in accordance with Section 2.09(d). Promptly following receipt of any such notice relating to a Borrowing (other than a notice relating solely to Swingline Loans), the Administrative Agent shall advise the Lenders of the contents thereof. Each prepayment of a Borrowing shall be applied ratably to the Loans included in the prepaid Borrowing. Prepayments shall be accompanied by accrued interest to the extent required by Section 2.13. The application of any prepayment of the Loans shall be applied first to ABR Loans and then to Fixed Rate Loans next maturing.

Notice of Prepayment; Application of Prepayments. The Borrower Representative shall notify the Administrative Agent (and, in the case of a prepayment of a Swingline Loan, the Swingline Lender) by telephone (confirmed by telecopytelecopy or other electronic transmission approved by the Administrative Agent) or, with respect to Foreign Available Currency Borrowings, in writing, of any prepayment hereunder (i) in the case of prepayment of a Eurodollar or a CDOR Rate Borrowing, not later than 11:00 a.m.12:00 noon, Dallas, Texas New York City time, three Business Days before the date of prepayment, (ii) in the case of prepayment of an ABR Borrowing or a Canadian Prime Rate Borrowing, not later than 11:00 a.m.12:00 noon, Dallas, Texas New York City time, one Business Day before the date of prepayment, (iii) in the case of a prepayment of an English Pounds a Swingline Loan, not later than 1:00 P.M., New York City time, on the date of prepayment, (iv) in the case of prepayment of a Sterling Borrowing, not later than 9:30 a.m.A.M., London, England time, two Business Days before the date of prepayment and (ivv) in the case of prepayment of any other type of Foreign Available Currency Loan Loan, not later than 9:30 a.m., the applicable Foreign Currency Office A.M. London England time, three Business Days before the date of prepayment. Each such notice shall be irrevocable and shall specify the prepayment date and date, the principal amount of each Borrowing or portion thereof to be prepaid (which amount shall be and, in the case of a minimum principal mandatory prepayment, a reasonably detailed calculation of the amount of $5,000,000 and in $1,000,000 increments in excess thereof, provided that Swingline Loans may be prepaid in any amount)such prepayment; provided that, if a notice of optional prepayment is given in connection with a conditional notice of termination of the Revolving Commitments, Available Currency Commitments and Canadian Currency Commitments as contemplated by Section 2.092.08, then such notice of prepayment may be revoked if such notice of termination is revoked in accordance with Section 2.09(d)2.08. Promptly following receipt of any such notice relating to a Borrowing (other than a notice relating solely to Swingline Loans), the Administrative Agent shall advise the Lenders of the contents thereof. Each partial prepayment of any Borrowing shall be in an amount that would be permitted in the case of an advance of a Borrowing of the same Type as provided in Section 2.02, except as necessary to apply fully the required amount of a mandatory prepayment. Each prepayment of a Borrowing shall be applied ratably to the Loans included in the prepaid Borrowing. Prepayments shall be accompanied by accrued interest to the extent required by Section 2.13. The application of any prepayment Optional prepayments of the Term Loans shall will be applied first to ABR Loans and then to Fixed Rate Loans next maturingthe installments due thereunder in the order of maturity.

Notice of Prepayment; Application of Prepayments. The Borrower shall notify the Administrative Agent (and, in the case of a prepayment of a Swingline Loan, the Swingline Lender) by telephone (confirmed by telecopy) or, with respect to Foreign Currency Borrowings, in writingtelecopy or other electronic transmission approved by the Administrative Agent), of any prepayment hereunder (i) in the case of prepayment of a Eurodollar BorrowingEurodollar, not later than 11:00 a.m.12:00 noon, Dallas, Texas New York City time, three Business Days before the date of prepayment, (ii) in the case of prepayment of an ABR Borrowing, not later than 11:00 a.m.12:00 noon, Dallas, Texas New York City time, one Business Day before the date of prepayment, (iii) in the case of a prepayment of an English Pounds a Swingline Loan, not later than 1:00 P.M., New York City time, on the date of prepayment, (iv) in the case of prepayment of a Sterling Borrowing, not later than 9:30 a.m.A.M., London, England time, two Business Days before the date of prepayment and (ivv) in the case of prepayment of any other type of Foreign Available Currency Loan Loan, not later than 9:30 a.m., the applicable Foreign Currency Office A.M. London England time, three Business Days before the date of prepayment. Each such notice shall be irrevocable and shall specify the prepayment date and date, the principal amount of each Borrowing or portion thereof to be prepaid (which amount shall be and, in the case of a minimum principal mandatory prepayment, a reasonably detailed calculation of the amount of $5,000,000 and in $1,000,000 increments in excess thereof, provided that Swingline Loans may be prepaid in any amount)such prepayment; provided that, if a notice of optional prepayment is given in connection with a conditional notice of termination of the Revolving Commitments as contemplated by Section 2.092.08, then such notice of prepayment may be revoked if such notice of termination is revoked in accordance with Section 2.09(d)2.08. Promptly following receipt of any such notice relating to a Borrowing (other than a notice relating solely to Swingline Loans), the Administrative Agent shall advise the Lenders of the contents thereof. Each partial prepayment of any Borrowing shall be in an amount that would be permitted in the case of an advance of a Borrowing of the same Type as provided in Section 2.02, except as necessary to apply fully the required amount of a mandatory prepayment. Each prepayment of a Borrowing shall be applied ratably to the Loans included in the prepaid Borrowing. Prepayments shall be accompanied by accrued interest to the extent required by Section 2.13. The application of any prepayment Optional prepayments of the Term Loans shall will be applied first to ABR Loans and then to Fixed Rate Loans next maturingthe installments due thereunder in the order of maturity.

Notice of Prepayment; Application of Prepayments. The Borrower Representative shall notify the Administrative Agent (and, in the case of a prepayment of a Swingline Loan, the Swingline Lender) by telephone (confirmed by telecopytelecopy or other electronic transmission approved by the Administrative Agent) or, with respect to Foreign Available Currency Borrowings, in writing, of any prepayment hereunder (i) in the case of prepayment of a Eurodollar or a CDOR Rate Borrowing, not later than 11:00 a.m.12:00 noon, Dallas, Texas New York City time, three Business Days before the date of prepayment, (ii) in the case of prepayment of an ABR Borrowing or a Canadian Prime Rate Borrowing, not later than 11:00 a.m.12:00 noon, Dallas, Texas New York City time, one Business Day before the date of prepayment, (iii) in the case of a prepayment of an English Pounds a Swingline Loan, not later than 1:00 P.M., New York City time, on the date of prepayment, (iv) in the case of prepayment of a Sterling Borrowing, not later than 9:30 a.m.A.M., London, England time, two Business Days before the date of prepayment and (ivv) in the case of prepayment of any other type of Foreign Available Currency Loan Loan, not later than 9:30 a.m., the applicable Foreign Currency Office A.M. London England time, three Business Days before the date of prepayment. Each such notice shall be irrevocable and shall specify the prepayment date and date, the principal amount of each Borrowing or portion thereof to be prepaid (which amount shall be and, in the case of a minimum principal mandatory prepayment, a reasonably detailed calculation of the amount of $5,000,000 and in $1,000,000 increments in excess thereof, provided that Swingline Loans may be prepaid in any amount)such prepayment; provided that, if a notice of optional prepayment is given in connection with a conditional notice of termination of the Revolving Commitments, Available Currency Commitments and Canadian Currency Commitments as contemplated by Section 2.092.08, then such notice of prepayment may be revoked if such notice of termination is revoked in accordance with Section 2.09(d)2.08. Promptly following receipt of any such notice relating to a Borrowing (other than a 007751-0138-14324-Active.18437309 #86412664v10 notice relating solely to Swingline Loans), the Administrative Agent shall advise the Lenders of the contents thereof. Each partial prepayment of any Borrowing shall be in an amount that would be permitted in the case of an advance of a Borrowing of the same Type as provided in Section 2.02, except as necessary to apply fully the required amount of a mandatory prepayment. Each prepayment of a Borrowing shall be applied ratably to the Loans included in the prepaid Borrowing. Prepayments shall be accompanied by accrued interest to the extent required by Section 2.13. The application of any prepayment of the Loans shall be applied first to ABR Loans and then to Fixed Rate Loans next maturing.

Notice of Prepayment; Application of Prepayments. The Borrower Representative shall notify the Administrative Agent (and, in the case of a prepayment of a Swingline Loan, the Swingline Lender) by telephone (confirmed by telecopytelecopy or other electronic transmission approved by the Administrative Agent) or, with respect to Foreign Available Currency Borrowings, in writing, of any prepayment hereunder (i) in the case of prepayment of a Eurodollar or a CDOR Rate Borrowing, not later than 11:00 a.m.12:00 noon, Dallas, Texas New York City time, three Business Days before the date of prepayment, (ii) in the case of prepayment of an ABR Borrowing or a Canadian Prime Rate Borrowing, not later than 11:00 a.m.12:00 noon, Dallas, Texas New York City time, one Business Day before the date of prepayment, (iii) in the case of a prepayment of an English Pounds a Swingline Loan, not later than 1:00 P.M., New York City time, on the date of prepayment, (iv) in the case of prepayment of a Sterling Borrowing, not later than 9:30 a.m.A.M., London, England time, two Business Days before the date of prepayment and (ivv) in the case of prepayment of any other type of Foreign Available Currency Loan Loan, not later than 9:30 a.m., the applicable Foreign Currency Office A.M. London England time, three Business Days before the date of prepayment. Each such notice shall be irrevocable and shall specify the prepayment date and date, the principal amount of each Borrowing or portion thereof to be prepaid (which amount shall be and, in the case of a minimum principal mandatory prepayment, a reasonably detailed calculation of the amount of $5,000,000 and in $1,000,000 increments in excess thereof, provided that Swingline Loans may be prepaid in any amount)such prepayment; provided that, if a notice of optional prepayment is given in connection with a conditional notice of termination of the Revolving Commitments, Available Currency Commitments and Canadian Currency Commitments as contemplated by Section 2.092.08, then such notice of prepayment may be revoked if such notice of termination is revoked in accordance with Section 2.09(d)2.08. Promptly following receipt of any such notice relating to a Borrowing (other than a notice relating solely to Swingline Loans), the Administrative Agent shall advise the Lenders of the contents thereof. Each partial prepayment of any Borrowing shall be in an amount that would be permitted in the case of an advance of a Borrowing of the same Type as provided in Section 2.02, except as necessary to apply fully the required amount of a mandatory prepayment. Each prepayment of a Borrowing shall be applied ratably to the Loans included in the prepaid Borrowing. Prepayments shall be accompanied by accrued interest to the extent required by Section 2.13. The application of any prepayment of the Loans shall be applied first to ABR Loans and then to Fixed Rate Loans next maturing.

Notice of Prepayment; Application of Prepayments. The Borrower shall notify the Administrative Agent (and, in the case of a prepayment of a Swingline Loan, the Swingline Lender) by telephone (confirmed by telecopy) or, with respect to Foreign Currency Borrowings, in writingtelecopy or other electronic transmission approved by the Administrative Agent), of any prepayment hereunder (i) in the case of prepayment of a Eurodollar BorrowingEurodollar, not later than 11:00 a.m.12:00 noon, Dallas, Texas New York City time, three Business Days before the date of prepayment, (ii) in the case of prepayment of an ABR Borrowing, not later than 11:00 a.m.12:00 noon, Dallas, Texas New York City time, one Business Day before the date of prepayment, (iii) in the case of a prepayment of an English Pounds a Swingline Loan, not later than 1:00 P.M., New York City time, on the date of prepayment, (iv) in the case of prepayment of a Sterling Borrowing, not later than 9:30 a.m.A.M., London, England time, two Business Days before the date of prepayment and (ivv) in the case of prepayment of any other type of Foreign Available Currency Loan Loan, not later than 9:30 a.m., the applicable Foreign Currency Office A.M. London England time, three Business Days before the date of prepayment. Each such notice shall be irrevocable and shall specify the prepayment date and date, the principal amount of each Borrowing or portion thereof to be prepaid (which amount shall be and, in the case of a minimum principal mandatory prepayment, a reasonably detailed calculation of the amount of $5,000,000 and in $1,000,000 increments in excess thereof, provided that Swingline Loans may be prepaid in any amount)such prepayment; provided that, if a notice of optional prepayment is given in connection with a conditional notice of termination of the Revolving Commitments as contemplated by Section 2.092.08, then such notice of prepayment may be revoked if such notice of termination is revoked in accordance with Section 2.09(d)2.08. Promptly following receipt of any such notice relating to a Borrowing (other than a notice relating solely to Swingline Loans), the Administrative Agent shall advise the Lenders of the contents thereof. Each partial prepayment of any Borrowing shall be in an amount that would be permitted in the case of an advance of a Borrowing of the same Type as provided in Section 2.02, except as necessary to apply fully the required amount of a mandatory prepayment. Each prepayment of a Borrowing shall be applied ratably to the Loans included in the prepaid Borrowing. Prepayments shall be accompanied by accrued interest to the extent required by Section 2.13. The application of any prepayment of the Loans shall be applied first to ABR Loans and then to Fixed Rate Loans next maturing.