Common use of Optional Repayment Clause in Contracts

Optional Repayment. The applicable Borrower may at any time, on three Business Days’ notice to the Administration Agent by way of a Notice of Repayment or Cancellation, repay all or any part of the amount outstanding under a Credit Facility, together with interest thereon without penalty, bonus or premium, provided that, for any repayments under either the Acquisition Facility or the Operating Facility after the applicable Conversion Date for such Credit Facility, the aggregate Commitments of the Lenders under such Credit Facility shall be permanently reduced by the amount of such repayment. Subject to Section 2.18, no repayment may be made in respect of a Libor Advance on a day other than the last day of an Interest Period applicable to such Libor Advance and no repayment may be made in respect of a Bankers’ Acceptance on a date other than the maturity date of such Bankers’ Acceptance.

Optional Repayment. The applicable Borrower may at any time, on three Business Days’ ' notice to the Administration Agent by way of a Notice of Repayment or Cancellation, repay all or any part of the amount outstanding under a Credit Facility, together with interest thereon without penalty, bonus or premium, provided that, for any repayments under either the Acquisition Facility or or, after the Conversion Date, under the Operating Facility after the applicable Conversion Date for such Credit Facility, the aggregate Commitments of the Lenders under such Credit Facility shall be permanently reduced by the amount of such repayment. Subject to Section 2.18, no repayment may be made in respect of a Libor Advance on a day other than the last day of an Interest Period applicable to such Libor Advance and no repayment may be made in respect of a Bankers’ ' Acceptance on a date other than the maturity date of such Bankers’ ' Acceptance.

Optional Repayment. The applicable Borrower Each of the Borrowers may at any time, on three Business Days’ notice to the Administration Agent or the US Agent (as applicable) by way of a Notice of Repayment or Cancellation, repay all or any part of the amount outstanding under a either Credit Facility, together with interest thereon thereon, without penalty, bonus or premium, provided that, for any repayments under either the Acquisition Facility or the Operating Facility after the applicable Conversion Date for such Credit Term Facility, the aggregate Commitments commitments of the Term Lenders under such Credit in respect of the Term Facility shall be permanently reduced by the amount of such repayment. Subject to Section 2.182.21, no repayment may be made in respect of a Libor LIBOR Advance on a day other than the last day of an Interest Period applicable to such Libor LIBOR Advance and no repayment may be made in respect of a Bankers’ Acceptance on a date other than the maturity date of such Bankers’ Acceptance.