Common use of Optional Principal Payments Clause in Contracts

Optional Principal Payments. 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, in a minimum aggregate amount of $5,000,000 or any integral multiple of $1,000,000 in excess thereof, upon one (1) Business Day’s prior notice to the Agent. 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 integral multiple of $1,000,000 in excess thereof, any portion of such outstanding Eurodollar Advances upon three (3) Business Days’ prior notice to the Agent.

Appears in 5 contracts

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

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Optional Principal Payments. Each The Borrower may from time to time pay, without penalty or premium, all outstanding Floating Rate Advances of such BorrowerAdvances, or any portion of such outstanding Floating Rate Advancesor, in a minimum aggregate amount of $5,000,000 or any higher integral multiple of $1,000,000 in excess thereof1,000,000, any portion of the outstanding Floating Rate Advances upon one (1) Business Day’s prior notice to the AgentAgent not later than 11:30 a.m. (New York time) on the date of payment (which shall be a Business Day). Each 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 of such Borrower, or, in a minimum aggregate amount of $5,000,000 or any higher integral multiple of $1,000,000 in excess thereof1,000,000, any portion of such the 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 Agentdate 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/)

Optional Principal Payments. Each The Borrower may from time to time paypay or prepay, without penalty or premium, all outstanding Floating Rate Advances of such BorrowerAdvances, or any portion of such outstanding Floating Rate Advancesor, in a minimum aggregate amount of $5,000,000 1,000,000 or any integral multiple of $1,000,000 100,000 in excess thereof, any portion of the outstanding Floating Rate Advances upon one (1) Business Day’s 's prior notice to the Agent. Each The Borrower may from time to time paypay or prepay, 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 BorrowerAdvances, or, in a minimum aggregate amount of $5,000,000 or any integral multiple of $1,000,000 in excess thereof, any portion of such the outstanding Eurodollar Advances upon three (3) Business Days' prior notice to the Agent.

Appears in 3 contracts

Samples: Assignment Agreement (Shaw Group Inc), Assignment Agreement (Shaw Group Inc), Credit Agreement (Shaw Group Inc)

Optional Principal Payments. Each The Borrower may from time to time pay, without penalty or premium, all outstanding Floating Rate Advances of such BorrowerAdvances, or any portion of such outstanding Floating Rate Advancesor, in a minimum aggregate amount of $5,000,000 10,000,000 or any integral multiple of $1,000,000 in excess thereof, any portion of the outstanding Floating Rate Advances upon one (1) Business Day’s prior written notice to the AgentAgent by no later than 11:00 a.m. (Local Time) on the date of such prepayment. Each 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 of such BorrowerEurocurrency Advances, or, in a minimum aggregate amount of $5,000,000 or any integral multiple of $1,000,000 5,000,000 in excess thereofthereof (or the Approximate Equivalent Amount if denominated in an Agreed Currency other than Dollars), any portion of such the outstanding Eurodollar Eurocurrency Advances upon three (3) Business Days’ prior notice to the Agent.

Appears in 3 contracts

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

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Optional Principal Payments. 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, in a minimum aggregate amount of $5,000,000 or any integral multiple of $1,000,000 in excess thereof, upon one (1) Business Day’s prior notice to the Agent. 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 integral multiple of $1,000,000 in excess thereof, any portion of such outstanding Eurodollar Advances upon three (3) Business Days’ prior notice to the Agent; provided that no Competitive Loan may be prepaid without the consent of the applicable Lender.

Appears in 2 contracts

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

Optional Principal Payments. Each The Borrower may from time to time pay, without penalty or premium, all outstanding Floating Rate Advances of such BorrowerAdvances, or any portion of such outstanding Floating Rate Advancesor, in a minimum aggregate amount of $5,000,000 500,000 or any integral multiple of $1,000,000 100,000 in excess thereof, any portion of the outstanding Floating Rate Advances upon one (1) Business Day’s prior notice to the AgentAdministrative Agent no later than 12:00 Noon on the date of prepayment. Each 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 of such BorrowerAdvances, or, in a minimum aggregate amount of $5,000,000 2,000,000 or any integral multiple of $1,000,000 100,000 in excess thereof, any portion of such the outstanding Eurodollar Advances upon three (3) Business Days' prior notice to the Administrative Agent. No amount of the Advances prepaid may be reborrowed.

Appears in 1 contract

Samples: Credit Agreement (Lasalle Partners Inc)

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