Common use of Optional Prepayment of Term Loan Clause in Contracts

Optional Prepayment of Term Loan. The Borrower shall have the right -------------------------------- at any time to prepay the Term Notes on or before the Term Loan Maturity Date, as a whole, or in part, upon not less than five (5) Business Days prior written notice to the Agent, without premium or penalty, provided that (i) each partial -------- prepayment shall be in the principal amount of $1,000,000.00 or an integral multiple thereof, (ii) any portion of the Term Loan bearing interest at the Eurodollar Rate prepaid pursuant to this (S)4.4 except on the last day of the Interest Period relating thereto shall be subject to the indemnity requirement in (S)6.10, and (iii) each partial prepayment shall be allocated among the Banks, in proportion, as nearly as practicable, to the respective outstanding amount of each Bank's Term Note, with adjustments to the extent practicable to equalize any prior prepayments not exactly in proportion. Any prepayment of principal of the Term Loan shall include all interest accrued to the date of prepayment and shall be applied against the scheduled installments of principal due on the Term Loan in the inverse order of maturity. No amount repaid with respect to the Term Loan may be reborrowed as a Term Loan.

Optional Prepayment of Term Loan. The Borrower Borrowers shall have the right -------------------------------- at any time to prepay the Term Notes on or before the Term Loan Maturity Date, as a whole, or in part, upon not less than five (5) Business Days prior written notice to the Administrative Agent, without premium or penalty, provided PROVIDED that (ia) each partial -------- prepayment shall be in the principal amount of $1,000,000.00 1,000,000 or an integral multiple of $500,000 in excess thereof, (iib) any no portion of the Term Loan bearing interest at the Eurodollar Rate may be prepaid pursuant to this (S)4.4 Section 3.5 except on the last day of the Interest Period relating thereto shall be subject to the indemnity requirement except in (S)6.10accordance with Section 5.9, and (iiic) each partial prepayment shall be allocated among the BanksTerm Lenders, in proportion, as nearly as practicable, to the respective outstanding amount of each BankTerm Lender's Term Note, with adjustments to the extent practicable to equalize any prior prepayments not exactly in proportion. Any prepayment of principal of the Term Loan shall include all interest accrued to the date of prepayment and shall be applied against the scheduled installments of principal due on the Term Loan in the inverse order of maturity. No amount repaid with respect to the Term Loan may be reborrowed as a Term Loanreborrowed.

Optional Prepayment of Term Loan. The Borrower Borrowers shall have the right -------------------------------- at any time to prepay the Term Notes Loan on or before the Term Loan Maturity Date, as a whole, or in part, upon not less than five (5) Business Days prior written notice to the Administrative Agent, without premium or penalty, provided that (ia) each partial -------- prepayment shall be in the principal amount of $1,000,000.00 1,000,000 or an integral multiple of $500,000 in excess thereof, (iib) any no portion of the Term Loan bearing interest at the Eurodollar Rate may be prepaid pursuant to this (S)4.4 ss.3.5 except on the last day of the Interest Period relating thereto shall be subject to the indemnity requirement except in (S)6.10accordance with ss.5.9, and (iiic) each partial prepayment shall be allocated among the BanksTerm Lenders, in proportion, as nearly as practicable, to the respective outstanding amount of each BankTerm Lender's Term NoteLoan, with adjustments to the extent practicable to equalize any prior prepayments not exactly in proportion. Any prepayment of principal of the Term Loan shall include all interest accrued to the date of prepayment and shall be applied against the scheduled installments of principal due on the Term Loan in the inverse order of maturity. No amount repaid with respect to the Term Loan may be reborrowed as a Term Loanreborrowed.

Optional Prepayment of Term Loan. The Borrower shall have the right at -------------------------------- at any time to prepay the Term Notes on or before the Term Loan Maturity Date, as a whole, or in part, upon not less than five (5) Business Days prior written notice to the Agent, without premium or penalty, provided that (ia) each partial -------- prepayment shall be in the principal amount of $1,000,000.00 500,000 or an integral multiple thereof, (iib) any portion of the Term Loan bearing interest at the Eurodollar Rate prepaid pursuant to this (S)4.4 except on the last day of the Interest Period relating thereto shall be subject to the indemnity requirement in (S)6.10, and (iiic) each partial prepayment shall be allocated among the Banks, in proportion, as nearly as practicable, to the respective outstanding amount of each Bank's Term Note, with adjustments to the extent practicable to equalize any prior prepayments not exactly in proportion. Any prepayment of principal of the Term Loan shall include all interest accrued to the date of prepayment and shall be applied against the remaining scheduled installments of principal due on the Term Loan in the inverse order of maturity. No amount repaid with respect to the Term Loan may be reborrowed as a Term Loan.pro rata; --- ----

Optional Prepayment of Term Loan. The Borrower shall have the right -------------------------------- at any time to prepay the Term Notes on or before the Term Loan Maturity Date, as a whole, or in part, upon not less than five (5) Business Days prior written notice to the Agent, without premium or penalty, provided that (ia) each partial -------- prepayment shall be in the principal amount of $1,000,000.00 500,000 or an integral multiple thereof, (iib) any portion of the Term Loan bearing interest at the Eurodollar Rate prepaid pursuant to this (S)4.4 except on the last day of the Interest Period relating thereto shall be subject to the indemnity requirement in (S)6.10, and (iiic) each partial prepayment shall be allocated among the Banks, in proportion, as nearly as practicable, to the respective outstanding amount of each Bank's Term Note, with adjustments to the extent practicable to equalize any prior prepayments not exactly in proportion. Any prepayment of principal of the Term Loan shall include all interest accrued to the date of prepayment and shall be applied against the remaining scheduled installments of principal due on the Term Loan in the inverse order of maturity. No amount repaid with respect to the Term Loan may be reborrowed as a Term Loan.pro rata; provided, however, that --- ---- -------- -------

Optional Prepayment of Term Loan. The Borrower shall have the right -------------------------------- at any time to prepay the Term Notes on or before the Term Loan Maturity Date, as a whole, or in part, upon not less than five (5) Business Days prior written notice to the Administrative Agent, without premium or penalty, provided that (i) each partial -------- prepayment shall be in the principal amount of $1,000,000.00 5,000,000 or an integral multiple thereof, (ii) any no portion of the Term Loan bearing interest at the Eurodollar Rate may be prepaid pursuant to this (S)4.4 ss.4.4 except on the last day of the Interest Period relating thereto shall be subject to the indemnity requirement in (S)6.10thereto, and (iii) each partial prepayment shall be allocated among the BanksBanks in accordance with their respective Term Loan Commitment Percentages, in proportion, as nearly as practicable, to the respective outstanding amount of each Bank's Term Note, with adjustments to the extent practicable to equalize any prior prepayments not exactly in proportion. Any prepayment of principal of the Term Loan shall include all interest accrued to the date of prepayment and shall be applied against the scheduled installments of principal due on the Term Loan in the inverse order of maturity. No amount repaid with respect to the Term Loan may be reborrowed as a Term Loanreborrowed.

Optional Prepayment of Term Loan. The Borrower shall have the right -------------------------------- at any time to prepay the Term Notes on or before the Term Loan Maturity Date, as a whole, or in part, upon not less than five (5) Business Days prior written notice to the Agent, without premium or penalty, provided that (i) each partial -------- prepayment shall be in the principal amount of $1,000,000.00 100,000 or an integral multiple thereof, (ii) any no portion of the Term Loan bearing interest at the Eurodollar Rate may be prepaid pursuant to this (S)4.4 except on the last day of the Interest Period relating thereto shall be subject to the indemnity requirement in (unless accompanied by amounts required by (S)6.10), and (iii) each partial prepayment shall be allocated among the Banks, in proportion, as nearly as practicable, to the respective outstanding amount of each Bank's Term Note, with adjustments to the extent practicable to equalize any prior prepayments not exactly in proportion. Any prepayment of principal of the Term Loan shall include all interest accrued to the date of prepayment and shall be applied against the scheduled installments of principal due on the Term Loan in the inverse order of maturitypro rata. No amount repaid with respect to the Term Loan may be reborrowed as a Term Loanreborrowed.

Optional Prepayment of Term Loan. The Borrower shall have the right -------------------------------- at any time to prepay the Term Notes on or before the Term Loan Maturity Date, as a whole, or in part, upon not less than five (5) Business Days prior written notice to the Agent, without premium or penalty, provided that (i) each partial -------- prepayment shall be in the principal amount of $1,000,000.00 or an integral multiple thereof, (ii) any portion of the Term Loan bearing interest at the Eurodollar Rate prepaid pursuant to this (S)4.4 except on the last day of the Interest Period relating thereto shall be subject to the indemnity requirement in (S)6.10, and (iii) each partial prepayment shall be allocated among the Banks, in proportion, as nearly as practicable, to the respective outstanding amount of each Bank's Term Note, with adjustments to the extent practicable to equalize any prior prepayments not exactly in proportion. Any prepayment of principal of the Term Loan shall include all interest accrued to the date of prepayment and shall be applied against the scheduled installments of principal due on the Term Loan in the inverse order of maturity. No amount repaid with respect to the Term Loan may be reborrowed as a Term Loan.

Optional Prepayment of Term Loan. The Borrower shall have the right at -------------------------------- at any time to prepay the Term Notes on or before the Term Loan Maturity Date, as a whole, or in part, upon not less than five (5) Business Days prior written notice to the Agent, without premium or penalty, provided that (ia) each partial -------- prepayment shall be in the principal amount of $1,000,000.00 500,000 or an integral multiple thereof, (iib) any portion of the Term Loan bearing interest at the Eurodollar Rate prepaid pursuant to this (S)4.4 except on the last day of the Interest Period relating thereto shall be subject to the indemnity requirement in (S)6.10, and (iiic) each partial prepayment shall be allocated among the Banks, in proportion, as nearly as practicable, to the respective outstanding amount of each Bank's Term Note, with adjustments to the extent practicable to equalize any prior prepayments not exactly in proportion. Any prepayment of principal of the Term Loan shall include all interest accrued to the date of prepayment and shall be applied against the remaining scheduled installments of principal due on the Term Loan in the inverse order of maturity. No amount repaid with respect to the Term Loan may be reborrowed as a Term Loan.pro rata; provided, however, that --- ---- -------- -------