Optional Principal Prepayments. The Borrower may from time to time prepay, without penalty or premium, all outstanding Floating Rate Advances, or, any portion thereof in a minimum aggregate amount of $1,000,000 or any integral multiple of $1,000,000 in excess thereof (or, if less, the then remaining outstanding principal balance thereof), on any Business Day upon notice to the Agent by no later than 11:00 a.m. on the date of such prepayment. The Borrower may at any time prepay, without penalty or premium, all outstanding Swing Line Loans, or, any portion thereof in a minimum amount of $500,000 and increments of $100,000 in excess thereof (or, if less, the then remaining outstanding principal balance thereof), on any Business Day upon notice to the Agent and the Swing Line Lender by 11:00 a.m. on the date of such repayment. The Borrower may from time to time prepay, subject to the payment of any funding indemnification amounts required by Section 3.4 but without penalty or premium, all outstanding Eurodollar Advances, or, any portion thereof in a minimum aggregate amount of $1,000,000 or any integral multiple of $500,000 in excess thereof upon at least three (3) Business Days’ prior notice to the Agent. Subject to the terms and conditions hereof, the Borrower may borrow, repay and reborrow Revolving Loans and Swing Line Loans hereunder until the Revolving Credit Termination Date.
Optional Principal Prepayments. Borrower may prepay principal of the Loan in the manner and on the conditions set forth in Section 3.5.
Optional Principal Prepayments. The Borrower may from time to time prepay, without penalty or premium, the then outstanding amount of the Loan, or, any portion thereof in a minimum aggregate amount of $1,000,000 or any integral multiple of $1,000,000 in excess thereof (or, if less, the then remaining outstanding principal balance thereof), on any Business Day upon at least three (3) Business Days’ prior notice to the Lender.
Optional Principal Prepayments. The Borrower may, at any time or from time to time on any Business Day after the 6-month anniversary of the Initial Closing Date direct the Collateral Agent in writing to prepay all or a portion of the Outstanding Principal Balance of all Lenders on a pro rata basis from amounts in the Accounts; provided, that, any such direction must be received by the Collateral Agent not later than 10:00 a.m. one Business Day prior to the date of any such prepayment, and provided, further, that any such optional prepayment shall include any applicable Prepayment Premium owed to any Lender. Each such direction shall specify the date and amount of any such prepayment and the Accounts from which the amounts to be used for such prepayments shall be taken. If any such optional prepayment occurs on a date other than a Payment Date, each Lender’s Outstanding Principal Balance shall be automatically lowered as of the date of such prepayment by the amount so prepaid for all purposes of this Agreement (including, without limitation, for purposes of calculating Accrued Interest thereafter pursuant to Section 2.04). As used in this Section 2.05, the term pro rata shall be determined as of any date for any Lender based on the Outstanding Principal Balance of such Lender on such date as a percentage of the Aggregate Outstanding Principal Balance on such date. Notwithstanding the foregoing, the Borrower may, at any time or from time to time, direct the Collateral Agent in writing to prepay all or a portion of the Outstanding Principal Balance of any individual Lender if such individual Lender makes a written request for prepayment and the Borrower determines, in its sole discretion, to accommodate such written request.
Optional Principal Prepayments. Debtor may voluntarily prepay the Term Loan in whole or in part, subject to a prepayment penalty of 5% of the amount prepaid in the case of optional prepayments only. Mandatory prepayments are not subject to any prepayment penalty.
Optional Principal Prepayments. Borrower may prepay all or any portion of the Loan at any time during the term of the Loan without any prepayment fees or penalty; provided, however, that (a) Borrower may not make more than one prepayment during any calendar month (other than prepayments required under Section 2.7) and (b) if applicable, Borrower shall be required to pay any One-Month LIBO Rate Price Adjustment (as defined in the Note) with respect to any such prepayment.
Optional Principal Prepayments. (a) The Borrower may prepay Swing Line Loans, in whole or in part, at any time and from time to time. Except to the extent that repayment of Swing Line Loans is being administered through an automated cash management system mutually approved in writing by the Borrower and the Swing Line Lender, the Borrower shall, prior to or contemporaneously with making any such prepayment, give the Swing Line Lender such notice of prepayment as is sufficient to enable the Swing Line Lender to apply such prepayment properly to the repayment of Swing Line Loans.
Optional Principal Prepayments. The Borrower may from time to time prepay, without penalty or premium, all outstanding Floating Rate Advances, or, any portion thereof in a minimum aggregate amount of $1,000,000 or any integral multiple of $1,000,000 in excess thereof (or, if less, the then remaining outstanding principal balance thereof), on any Business Day upon notice to the Agent by no later than 11:00 a.m. on the date of such prepayment. The Borrower may from time to time prepay, subject to the payment of any funding indemnification amounts required by Section 3.4 but without penalty or premium, all outstanding Eurodollar Advances, or, any portion thereof in a minimum aggregate amount of $1,000,000 or any integral multiple of $500,000 in excess thereof upon at least three (3) Business Days’ prior notice to the Agent.
Optional Principal Prepayments. (a) The Borrower, on the direction of the NZ Manager, may from time to time elect to prepay, in accordance with this Section 2.02, all or any portion of the outstanding Advances on any Business Day. The amount of any prepayment shall include any accrued and unpaid Interest on the amount prepaid and any Breakage Costs related thereto. Any partial prepayment by the Borrower of Advances pursuant to this Section 2.02 shall be in a minimum amount of $1,000,000 and integral multiples of $100,000 in excess thereof. Any amount prepaid may, subject to the terms and conditions hereof, be reborrowed during the Revolving Period.
Optional Principal Prepayments. (a) The Borrower may from time to time elect to prepay, in accordance with this Section 2.02, all or any portion of the outstanding Advances on any Business Day. The amount of any prepayment shall include any accrued and unpaid Interest on the amount prepaid and any Breakage Costs related thereto. Any partial prepayment by the Borrower of Advances pursuant to this Section 2.02 shall be in a minimum amount of $1,000,000 and integral multiples of $100,000 in excess thereof. Any amount prepaid may, subject to the terms and conditions hereof, be reborrowed during the Revolving Period.
