Optional Prepayments of Revolving Loans. Borrowers may prepay the principal of any Revolving Loan at any time in whole or in part, without premium or penalty.
Optional Prepayments of Revolving Loans. The Borrower may, upon written notice (or telephonic notice promptly confirmed in writing) (together with any prepayment notice given with respect to Term Loans under Section 2.04(b), each, an “Optional Prepayment Notice”) to the Administrative Agent, at any time or from time to time voluntarily prepay Revolving Loans in whole or in part without premium or penalty; provided that (i) such Optional Prepayment Notice must be in a form acceptable to the Administrative Agent and be received by the Administrative Agent not later than 11:00 a.m. (A) three Business Days prior to any date of prepayment of Eurocurrency Rate Revolving Loans and (B) on the date of prepayment of Base Rate Revolving Loans; (ii) any prepayment of Eurocurrency Rate Revolving Loans shall be in a principal amount of $5,000,000 or a whole multiple of $1,000,000 in excess thereof; and (iii) any prepayment of Base Rate Revolving Loans shall be in a principal amount of $500,000 or a whole multiple of $100,000 in excess thereof or, in each case, if less, the entire principal amount thereof then outstanding. Each such Optional Prepayment Notice shall specify the date and amount of such prepayment and the Type(s) of Revolving Loans to be prepaid and, if Eurocurrency Rate Revolving Loans are to be prepaid, the Interest Period(s) of such Loans. The Administrative Agent will promptly notify each Revolving Lender of its receipt of each such notice, and of the amount of such Lender’s Applicable Percentage of such prepayment. Each Optional Prepayment Notice given under this Section 2.04(a) shall be irrevocable; provided, however, that any such Optional Prepayment Notice may state that such Optional Prepayment Notice is conditioned upon the effectiveness of other credit facilities or acquisitions or the receipt of net proceeds from the issuance of Equity Interests or incurrence of Indebtedness by the Borrower, in which case, such Optional Prepayment Notice may be revoked by the Borrower giving written notice (or telephonic notice promptly confirmed in writing) to the Administrative Agent on or prior to the date for prepayment specified in such Optional Prepayment Notice if such condition is not satisfied (and for the avoidance of doubt, the Borrower shall remain obligated pursuant to the terms of this Agreement for any cost, expense or loss (including those arising under Sections 3.05 and 10.04) incurred by the Administrative Agent, any Lender, L/C Issuer or other Person in connection with any Optional P...
Optional Prepayments of Revolving Loans. Borrowers may prepay the principal of any Revolving Loan at any time in whole or in part, without premium or penalty but subject to any Funding Losses pursuant to Section 2.12(b)(ii) and Agent shall apply such prepayments to the US Revolving Loans, the UK Revolving Loans, or all of them, as directed by the applicable Borrowers in writing at the time of payment so long as no Application Event has occurred or is continuing.
Optional Prepayments of Revolving Loans. Subject to the terms and conditions of clause (c) below and Section 3.9 hereof, the Borrower may, at its sole option prepay the principal amount of the Revolving Loans (whether bearing interest at the Applicable ABR Rate or Applicable LIBOR Rate) in whole or in part (in an amount of $1,000,000 or more and in multiples of $250,000) at any time and from time to time, without premium or penalty.
Optional Prepayments of Revolving Loans. The Borrower may, at its sole option, prepay on any Business Day the principal amount of the Revolving Loans in whole or in part (in an amount of $10,000.00 or more and in multiples of $1,000.00) at any time and from time to time, without premium or penalty by giving notice to Lender not later than 12:00 p.m. (Central time) on the Business Day of such prepayment.
Optional Prepayments of Revolving Loans. Subject to the provisions Section 2.7(e)(iv), Borrower may from time to time prepay the Revolving Loans in whole or in part; provided that any such partial prepayment of the Revolving Loans shall be in an amount equal to $250,000 or a higher integral multiple of $50,000; provided further that such prepayments shall require notice to Administrative Agent not later than noon (Central time) (i) three Business Days prior to the date of prepayment of LIBOR Loans and (ii) on the Business Day of the prepayment of Base Rate Loans.
Optional Prepayments of Revolving Loans. Subject to SECTION 3.4 and the requirements of SECTION 2.4, the Borrower may (a) following notice given to the Agent by the Borrower, in the form attached hereto as EXHIBIT G (a "PREPAYMENT NOTICE") by not later than 11:00 a.m. (Chicago time) on the date of the proposed prepayment, such notice specifying the aggregate principal amount of and the proposed date of the prepayment (and if such notice is given the Borrower shall), prepay the outstanding principal amounts of the Floating Rate Loans comprising part of the same Advance in whole or ratably in part, together with accrued interest to but excluding the date of such prepayment on the principal amount prepaid and (b) if the Advance to be prepaid is a Eurodollar Advance and following a Prepayment Notice given to the Agent by the Borrower by not later than 11:00 a.m. (Chicago time), on the third Business Day preceding the date of the proposed prepayment, such notice specifying the Advance to be prepaid and the proposed date of the prepayment, and if such notice is given, the Borrower shall prepay the outstanding principal amounts of the Fixed Rate Loans comprising a Fixed Rate Advance in whole (and not in part), together with accrued interest to but excluding the date of such prepayment on the principal amount prepaid. In the case of a Floating Rate Advance, each partial prepayment shall be in an aggregate principal amount not less than $10,000,000.
Optional Prepayments of Revolving Loans. Subject to SECTION 3.4 and the requirements of SECTION 2.4, the Borrowers may (following notice given to the Agent by the Borrowers, in the form attached hereto as EXHIBIT G (a "PREPAYMENT NOTICE") by not later than 11:00 A.M. (Charlotte time) on the date of the proposed prepayment), such notice specifying the aggregate principal amount of and the proposed date of the prepayment (and if such notice is given the Borrowers shall, prepay the outstanding principal amounts of the Floating Rate Loans comprising part of the same Advance in whole or ratably in part, together with accrued interest to but excluding the date of such prepayment on the principal amount prepaid and (b) if the Advance to be prepaid is a Eurodollar Advance and following a Prepayment Notice given to the Agent by the Borrowers by not later than 11:00 A.M. (Charlotte time), on the third Business Day preceding the date of the proposed prepayment, such notice specifying the Advance to be prepaid and the proposed date of the prepayment, and if such notice is given, the Borrowers shall prepay the outstanding principal amounts of the Eurodollar Loans comprising a Eurodollar Advance in whole (and not in part), together with accrued interest to but excluding the date of such prepayment on the principal amount prepaid; PROVIDED, HOWEVER, that a Eurodollar Advance may only be prepaid on the expiration of the Interest Period applicable thereto. In the case of a Floating Rate Advance, each partial prepayment shall be in an aggregate principal amount not less than $5,000,000.
Optional Prepayments of Revolving Loans. Subject to the provisions of Section 2.12(f)(iv), Borrower may from time to time prepay the Revolving Loans and/or Swingline Loans in whole or in part (without reduction of the Revolving Loan Commitment); provided that any such partial prepayment shall be in an amount equal to $100,000 or a higher integral multiple of $25,000.
Optional Prepayments of Revolving Loans. 20 2.6 Method of Selecting Types and Interest Periods for New Advances. 20 2.7 Conversion and Continuation of Outstanding Advances. 21 2.8 Payment of Interest on Revolving Loans and Advances. 21 2.9 Changes in Interest Rate, Etc. 22 2.10 Fees, Mandatory Repayments and Voluntary and Reductions in Aggregate Commitment. 22 2.11 Rates Applicable After Default. 23 2.12
