Common use of Optional Principal Payments Clause in Contracts

Optional Principal Payments. The Borrower may from time to time pay, without penalty or premium, all outstanding Floating Rate Advances, or, in a minimum aggregate amount of $5,000,000 or any higher integral multiple of $1,000,000, any portion of the outstanding Floating Rate Advances upon prior notice to the Agent not later than 11:30 a.m. (New York time) on the date of payment (which shall be a Business Day). The Borrower may from time to time pay, subject to the payment of any funding indemnification amounts required by Section 3.4 but without penalty or premium, all outstanding Eurodollar Advances or, in a minimum aggregate amount of $5,000,000 or any higher integral multiple of $1,000,000, any portion of the outstanding Eurodollar Advances upon prior notice to the Agent not later than 1:00 p.m. (New York time) three (3) Business Days prior to the date of payment (which shall be a Business Day).

Appears in 3 contracts

Samples: Credit Agreement (Portland General Electric Co /Or/), Credit Agreement (Portland General Electric Co /Or/), Credit Agreement (Portland General Electric Co /Or/)

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Optional Principal Payments. The Each Borrower may from time to time pay, without penalty or premium, all outstanding Floating Rate Advances of such Borrower, or any portion of such outstanding Floating Rate Advances, or, in a minimum aggregate amount of $5,000,000 or any higher integral multiple of $1,000,0001,000,000 in excess thereof, any portion of the outstanding Floating Rate Advances upon one (1) Business Day’s prior notice to the Agent not later than 11:30 a.m. (New York time) on the date of payment (which shall be a Business Day)Agent. The Each Borrower may from time to time pay, subject to the payment of any funding indemnification amounts required by Section 3.4 but without penalty or premium, all outstanding Eurodollar Advances of such Borrower, or, in a minimum aggregate amount of $5,000,000 or any higher integral multiple of $1,000,0001,000,000 in excess thereof, any portion of the such outstanding Eurodollar Advances upon prior notice to the Agent not later than 1:00 p.m. (New York time) three (3) Business Days Days’ prior notice to the date of payment (which shall be a Business Day)Agent.

Appears in 3 contracts

Samples: Credit Agreement (Ameren Corp), Credit Agreement, Credit Agreement (Central Illinois Public Service Co)

Optional Principal Payments. The Borrower may from time to time pay, without penalty or premium, all outstanding Floating Rate Advances, or, in a minimum aggregate amount of $5,000,000 10,000,000 or any higher integral multiple of $1,000,0001,000,000 in excess thereof, any portion of the outstanding Floating Rate Advances upon prior written notice to the Agent not by no later than 11:30 11:00 a.m. (New York timeLocal Time) on the date of payment (which shall be a Business Day)such prepayment. The Borrower may from time to time pay, subject to the payment of any funding indemnification amounts required by Section 3.4 but without penalty or premium, all outstanding Eurodollar Advances Eurocurrency Advances, or, in a minimum aggregate amount of $5,000,000 or any higher integral multiple of $1,000,0005,000,000 in excess thereof (or the Approximate Equivalent Amount if denominated in an Agreed Currency other than Dollars), any portion of the outstanding Eurodollar Eurocurrency Advances upon prior notice to the Agent not later than 1:00 p.m. (New York time) three (3) Business Days Days’ prior notice to the date of payment (which shall be a Business Day)Agent.

Appears in 3 contracts

Samples: Assignment Agreement (General Dynamics Corp), Credit Agreement (General Dynamics Corp), Assignment Agreement (General Dynamics Corp)

Optional Principal Payments. The Each Borrower may from time to time pay, without penalty or premium, all outstanding Floating Rate Advances of such Borrower, or any portion of such outstanding Floating Rate Advances, or, in a minimum aggregate amount of $5,000,000 or any higher integral multiple of $1,000,0001,000,000 in excess thereof, any portion of the outstanding Floating Rate Advances upon one (1) Business Day’s prior notice to the Agent not later than 11:30 a.m. (New York time) on the date of payment (which shall be a Business Day)Agent. The Each Borrower may from time to time pay, subject to the payment of any funding indemnification amounts required by Section 3.4 but without penalty or premium, all outstanding Eurodollar Advances of such Borrower, or, in a minimum aggregate amount of $5,000,000 or any higher integral multiple of $1,000,0001,000,000 in excess thereof, any portion of the such outstanding Eurodollar Advances upon prior notice to the Agent not later than 1:00 p.m. (New York time) three (3) Business Days Days’ prior notice to the date Agent; provided that no Competitive Loan may be prepaid without the consent of payment (which shall be a Business Day)the applicable Lender.

Appears in 2 contracts

Samples: Credit Agreement (Central Illinois Public Service Co), Credit Agreement (Amerenenergy Generating Co)

Optional Principal Payments. The Borrower may from time to time pay, without penalty or premium, all outstanding Floating Rate Advances, or, in a minimum aggregate amount of $5,000,000 500,000 or any higher integral multiple of $1,000,000100,000 in excess thereof, any portion of the outstanding Floating Rate Advances upon prior notice to the Administrative Agent not no later than 11:30 a.m. (New York time) 12:00 Noon on the date of payment (which shall be a Business Day)prepayment. The Borrower may from time to time pay, subject to the payment of any funding indemnification amounts required by Section 3.4 2.4 but without penalty or premium, all outstanding Eurodollar Advances Advances, or, in a minimum aggregate amount of $5,000,000 2,000,000 or any higher integral multiple of $1,000,000100,000 in excess thereof, any portion of the outstanding Eurodollar Advances upon three Business Days' prior notice to the Agent not later than 1:00 p.m. (New York time) three (3) Business Days prior to Administrative Agent. No amount of the date of payment (which shall Advances prepaid may be a Business Day)reborrowed.

Appears in 1 contract

Samples: Credit Agreement (Lasalle Partners Inc)

Optional Principal Payments. The Borrower may from time to time pay, without penalty or premium, all outstanding Floating Rate Advances, or, in a minimum aggregate amount of $5,000,000 or any higher integral multiple of $1,000,000, any portion of the outstanding Floating Rate Advances upon prior notice to the Agent not later than 11:30 a.m. (New York time) on the date of payment (which shall be a Business Day). The Borrower may from time to time pay, subject to the payment of any funding indemnification amounts required by Section 3.4 3.04 but without penalty or premium, all outstanding Eurodollar SOFR Advances or, in a minimum aggregate amount of $5,000,000 or any higher integral multiple of $1,000,000, any portion of the outstanding Eurodollar SOFR Advances upon prior notice to the Agent by delivering a Repayment Notice not later than 1:00 p.m. (New York time) three (3) U.S. Government Securities Business Days prior to the date of payment (which shall be a Business Day).

Appears in 1 contract

Samples: Day Bridge Credit Agreement (Portland General Electric Co /Or/)

Optional Principal Payments. The Borrower may from time to time pay, without penalty or premium, all outstanding Floating Rate Advances, or, in a minimum aggregate amount of $5,000,000 Advances or any higher integral multiple of $1,000,000, Swingline Loans or any portion of the outstanding Floating Rate Advances or Swingline Loans upon prior notice to the Administrative Agent not later than 11:30 (or Swingline Lender, as appropriate) by 10:00 a.m. (New York time) on the date Business Day of payment (which shall be a Business Day)the proposed prepayment. The Borrower may from time to time pay, subject to the payment of any funding indemnification amounts required by Section 3.4 but without penalty or premium, all outstanding Eurodollar Advances Advances, or, in a minimum aggregate amount of $5,000,000 or any higher integral multiple of $1,000,0001,000,000 in excess thereof, any portion of the outstanding Eurodollar Advances upon three Business Days’ prior written notice to the Agent not later than 1:00 p.m. (New York time) three (3) Business Days prior to the date of payment (which shall be a Business Day)Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Sei Investments Co)

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Optional Principal Payments. The Borrower may from time to time pay, without penalty or premium, all outstanding Floating Rate Advances, or, in a minimum aggregate amount of $5,000,000 or any higher integral multiple of $1,000,000, any portion of the outstanding Floating Rate Advances upon prior notice to the Agent not later than 11:30 11:00 a.m. (New York time) on the date of payment (which shall be a Business Day). The Borrower may from time to time pay, subject to the payment of any funding indemnification amounts required by Section 3.4 but without penalty or premium, all outstanding Eurodollar Advances or, in a minimum aggregate amount of $5,000,000 or any higher integral multiple of $1,000,000, any portion of the outstanding Eurodollar Advances upon three Business Days' prior notice to the Agent not later than 1:00 p.m. (New York time) three (3) Business Days prior to the date of payment (which shall be a Business Day)Agent.

Appears in 1 contract

Samples: Five Year Credit Agreement (Portland General Electric Co /Or/)

Optional Principal Payments. The Borrower Borrowers may from time to time pay, without penalty or premium, all outstanding Floating Rate Advances, oror any portion of the outstanding Floating Rate Advances, in a minimum aggregate amount of $5,000,000 1,000,000 or any higher integral multiple of $1,000,000250,000 in excess thereof, any portion of the outstanding Floating Rate Advances upon prior notice to the Administrative Agent not later than 11:30 a.m. at or before 12:00 noon (New York Chicago time) on one (1) Business Day prior to the date of payment (which shall be a Business Day)such payment. The Borrower Borrowers may from time to time pay, subject to the payment of any funding indemnification amounts required by Section 3.4 but without penalty or premium, all outstanding Eurodollar Advances Advances, or, in a minimum aggregate amount of $5,000,000 or any higher integral multiple of $1,000,0001,000,000 in excess thereof, any portion of the outstanding Eurodollar Advances upon five (5) Business Days' prior notice to the Agent not later than 1:00 p.m. (New York time) three (3) Business Days prior to the date of payment (which shall be a Business Day)Administrative Agent.

Appears in 1 contract

Samples: Assignment Agreement (Acuity Brands Inc)

Optional Principal Payments. The Borrower Borrowers may from time to time pay, without penalty or premium, all outstanding Floating Rate Advances, oror any portion of the outstanding Floating Rate Advances, in a minimum aggregate amount of $5,000,000 1,000,000 or any higher integral multiple of $1,000,000250,000 in excess thereof, any portion of the outstanding Floating Rate Advances upon prior notice to the Administrative Agent not later than 11:30 a.m. at or before 12:00 noon (New York Chicago time) on one (1) Business Day prior to the date of payment (which shall be a Business Day)such payment. The Borrower Borrowers may from time to time pay, subject to the payment of any funding indemnification amounts required by Section 3.4 but without penalty or premium, all outstanding Eurodollar Advances Advances, or, in a minimum aggregate amount of $5,000,000 or any higher integral multiple of $1,000,0001,000,000 in excess thereof, any portion of the outstanding Eurodollar Advances upon five (5) Business Days’ prior notice to the Agent not later than 1:00 p.m. (New York time) three (3) Business Days prior to the date of payment (which shall be a Business Day)Administrative Agent.

Appears in 1 contract

Samples: Day Revolving Credit Agreement (Acuity Brands Inc)

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