Common use of Optional Repayments of Revolving Credit Loans Clause in Contracts

Optional Repayments of Revolving Credit Loans. The Borrower shall have the right, at its election, to prepay the outstanding amount of the Revolving Credit Loans, in whole or in part, at any time without penalty or premium; provided that the outstanding amount of any Libor Rate Loans may not be prepaid on a date other than the last day of an Interest Period unless the Borrower pays the Libor Breakage Costs for each Libor Rate Loan so prepaid at the time of such prepayment. The Borrower shall give the Agent (with copies to the Agent for each Lender), no later than 10:00 a.m., Boston, Massachusetts time, at least two (2) Business Days’ prior written notice of any prepayment pursuant to this §3.2 of any Base Rate Loans, and at least four (4) Business Days’ notice of any proposed prepayment pursuant to this §3.2 of Libor Rate Loans, specifying the proposed date of prepayment of Revolving Credit Loans and the principal amount to be prepaid. Each such partial prepayment of the Loans shall be in an amount equal to $1,000,000 or an integral multiple of $1,000,000 in excess thereof or, if less, the outstanding balance of the Revolving Credit Loans then being repaid, shall be accompanied by the payment of all charges, if any, outstanding on all Revolving Credit Loans so prepaid and of all accrued interest on the principal prepaid to the date of payment, and shall be applied, in the absence of instruction by the Borrower, first to the principal of Base Rate Loans and then to the principal of Libor Rate Loans.

Optional Repayments of Revolving Credit Loans. The --------------------------------------------- Borrower shall have the right, at its election, to prepay the outstanding amount of the Revolving Credit Loans, in whole or in part, at any time without penalty or premium; provided that the outstanding amount of any Libor Eurodollar Rate Loans may not be prepaid on a date other than the last day of an Interest Period unless the Borrower pays the Libor Eurodollar Breakage Costs for each Libor Eurodollar Rate Loan so prepaid at the time of such prepayment. The Borrower shall give the Agent (with copies to the Agent for each LenderBank), no later than 10:00 a.m., Boston, Massachusetts Boston time, at least two (2) Business Days’ ' prior written notice of any prepayment pursuant to this §3.2 (S)4.2 of any Base Rate Loans, and at least four (4) Eurodollar Business Days’ ' notice of any proposed prepayment pursuant to this §3.2 (S)4.2 of Libor Eurodollar Rate Loans, specifying the proposed date of prepayment of Revolving Credit Loans and the principal amount to be prepaid. Each such partial prepayment of the Loans shall be in an amount equal to $1,000,000 500,000 or an integral multiple of $1,000,000 100,000 in excess thereof or, if less, the outstanding balance of the Revolving Credit Loans then being repaid, shall be accompanied by the payment of all charges, if any, outstanding on all Revolving Credit Loans so prepaid and of all accrued interest on the principal prepaid to the date of payment, and shall be applied, in the absence of instruction by the Borrower, first to the principal of Base Rate Loans and then to the principal of Libor Eurodollar Rate Loans.

Optional Repayments of Revolving Credit Loans. The Borrower shall have the right, at its election, to prepay the outstanding amount of the Revolving Credit Loans, in whole or in part, at any time without penalty or premium; provided that the outstanding amount of any Libor LIBOR Rate Loans may not be prepaid on a date other than the last day of an Interest Period unless the Borrower pays the Libor Breakage Costs all amounts due and payable under 4.8 hereof for each Libor LIBOR Rate Loan so prepaid at the time of such prepayment. The Borrower shall give the Agent (with copies to the Agent for each Lender)Agent, no later than 10:00 a.m., Boston, Massachusetts time, at least two five (25) Business Days’ Days prior written notice of any prepayment pursuant to this §3.2 of any Base Rate Loans, and at least four (4) Business Days’ notice of any proposed prepayment pursuant to this §3.2 of Libor Rate Revolving Credit Loans, specifying the proposed date of prepayment of Revolving Credit Loans and the principal amount to be prepaid. The Agent shall provide each Bank with a copy of such notice promptly after its receipt thereof. Each such partial prepayment of the Revolving Credit Loans shall be in an amount equal to $1,000,000 or an integral multiple a minimum of $1,000,000 in excess thereof 100,000, or, if less, the outstanding balance of the Revolving Credit Loans then being repaid, shall be accompanied by the payment of all charges, if any, charges outstanding on all Revolving Credit Loans so prepaid and of all accrued interest on the principal prepaid to the date of payment, and shall be applied, in the absence of instruction by the Borrower, first to the principal of Base Rate Loans and then to the principal of Libor LIBOR Rate Loans, at the Agent's option.

Optional Repayments of Revolving Credit Loans. The Borrower shall have the right, at its election, to prepay the outstanding amount of the Revolving Credit Loans, in whole or in part, at any time without penalty or premium; provided that the outstanding amount of any Libor Eurodollar Rate Loans may not be prepaid on a date other than the last day of an Interest Period unless the Borrower pays the Libor Eurodollar Breakage Costs for each Libor Eurodollar Rate Loan so prepaid at the time of such prepayment. The Borrower shall give the Agent (with copies to the Agent for each Lender), no later than 10:00 a.m., Boston, Massachusetts time, at least two (2) Business Days’ prior written notice of any prepayment pursuant to this §3.2 4.2 of any Base Prime Rate Loans, and at least four (4) Eurodollar Business Days’ notice of any proposed prepayment pursuant to this §3.2 4.2 of Libor Eurodollar Rate Loans, specifying the proposed date of prepayment of Revolving Credit Loans and the principal amount to be prepaid. Each such partial prepayment of the Loans shall be in an amount equal to $1,000,000 500,000 or an integral multiple of $1,000,000 100,000 in excess thereof or, if less, the outstanding balance of the Revolving Credit Loans then being repaid, shall be accompanied by the payment of all charges, if any, outstanding on all Revolving Credit Loans so prepaid and of all accrued interest on the principal prepaid to the date of payment, and shall be applied, in the absence of instruction by the Borrower, first to the principal of Base Prime Rate Loans and then to the principal of Libor Eurodollar Rate Loans.

Optional Repayments of Revolving Credit Loans. The Any Borrower shall have the right, at its election, to prepay repay the outstanding amount of the Revolving Credit Loans, in as a whole or in part, at any time without penalty or premium; , provided that any full or partial prepayment of the outstanding amount of any Libor Eurocurrency Rate Loans pursuant to this Section 3.3 may not be prepaid made only on a date other than the last day of an the Interest Period unless relating thereto or, if made prior to such date, shall be subject to the Borrower pays the Libor Breakage Costs for each Libor Rate Loan so prepaid at the time provisions of such prepaymentSection 7.10. The Borrower shall give the Agent (with copies to the Agent for each Lender)Agent, no later than 10:00 11:00 a.m., Boston, Massachusetts Boston time, at least two (2) Business Days’ prior on the date of prepayment written notice of any prepayment pursuant to this §3.2 of any Base Rate Loans, and at least four (4) Business Days’ notice of any proposed prepayment pursuant to this §3.2 Section 3.3 of Libor Base Rate Loans, and no less than three (3) Business Days notice of any proposed prepayment pursuant to this Section 3.3 of Eurocurrency Rate Loans, in each case specifying the proposed date of prepayment of Revolving Credit Loans and the principal amount to be prepaid. Each such partial prepayment of the Revolving Credit Loans shall be in an amount equal to $1,000,000 or an integral multiple of $1,000,000 in excess thereof or, if less, the outstanding balance of the Revolving Credit Loans then being repaid1,000,000, shall be accompanied by the payment of all charges, if any, outstanding on all Revolving Credit Loans so prepaid and of all accrued interest on the principal prepaid to the date of payment, prepayment and shall be applied, in the absence of instruction by the a Borrower, first to the principal of Base 34 Rate Loans and then to the principal of Libor Eurocurrency Rate LoansLoans or both, at the Agent's option. Each partial prepayment shall be allocated among the Banks, in proportion, as nearly as practicable, to the respective unpaid principal amount of each Bank's Revolving Credit Commitment, with adjustments to the extent practicable to equalize any prior repayments not exactly in proportion.

Optional Repayments of Revolving Credit Loans. The Borrower shall have the right, at its election, to prepay the outstanding amount of the Revolving Credit Loans, in whole or in part, at any time without penalty or premium; provided that the outstanding amount of any Libor Eurodollar Rate Loans may not be prepaid on a date other than the last day of an Interest Period unless the Borrower pays the Libor Eurodollar Breakage Costs for each Libor Eurodollar Rate Loan so prepaid at the time of such prepayment. The Borrower shall give the Agent (with copies to the Agent for each Lender), no later than 10:00 a.m., Boston, Massachusetts time, at least two one (21) Business Days’ Day’s prior written notice of any prepayment pursuant to this §3.2 4.2 of any Base Prime Rate Loans, and at least four three (43) Eurodollar Business Days’ notice of any proposed prepayment pursuant to this §3.2 4.2 of Libor Eurodollar Rate Loans, specifying the proposed date of prepayment of Revolving Credit Loans and the principal amount to be prepaid. Each such partial prepayment of the Loans shall be in an amount equal to $1,000,000 500,000 or an integral multiple of $1,000,000 100,000 in excess thereof or, if less, the outstanding balance of the Revolving Credit Loans then being repaid, shall be accompanied by the payment of all charges, if any, outstanding on all Revolving Credit Loans so prepaid and of all accrued interest on the principal prepaid to the date of payment, and shall be applied, in the absence of instruction by the Borrower, first to the principal of Base Prime Rate Loans and then to the principal of Libor Eurodollar Rate Loans.

Optional Repayments of Revolving Credit Loans. The Borrower shall have the right, at its election, to prepay the outstanding amount of the Revolving Credit Loans, in whole or in part, at any time without penalty or premium; provided PROVIDED that the outstanding amount of any Libor Eurodollar Rate Loans may not be prepaid on a date other than the last day of an Interest Period unless the Borrower pays the Libor Eurodollar Breakage Costs for each Libor Eurodollar Rate Loan so prepaid at the time of such prepayment. The Borrower shall give the Agent (with copies to the Agent for each LenderBank), no later than 10:00 a.m., Boston, Massachusetts Boston time, at least two (2) Business Days’ ' prior written notice of any prepayment pursuant to this §3.2 Section 4.2 of any Base Prime Rate Loans, and at least four (4) Eurodollar Business Days’ ' notice of any proposed prepayment pursuant to this §3.2 Section 4.2 of Libor Eurodollar Rate Loans, specifying the proposed date of prepayment of Revolving Credit Loans and the principal amount to be prepaid. Each such partial prepayment of the Loans shall be in an amount equal to $1,000,000 500,000 or an integral multiple of $1,000,000 100,000 in excess thereof or, if less, the outstanding balance of the Revolving Credit Loans then being repaid, shall be accompanied by the payment of all charges, if any, outstanding on all Revolving Credit Loans so prepaid and of all accrued interest on the principal prepaid to the date of payment, and shall be applied, in the absence of instruction by the Borrower, first to the principal of Base Prime Rate Loans and then to the principal of Libor Eurodollar Rate Loans.

Optional Repayments of Revolving Credit Loans. The Borrower shall have the right, at its election, to prepay the outstanding amount of the Revolving Credit Loans, in whole or in part, at any time without penalty or premium; provided PROVIDED that the outstanding amount of any Libor Revolving Credit LIBOR Rate Loans may not be prepaid on a date other than the last day of an Interest Period unless the Borrower pays the Libor any LIBOR Breakage Costs for each Libor Revolving Credit LIBOR Rate Loan so prepaid at the time of such prepayment. The Borrower shall give the Agent (with copies to the Agent for each Lender)Administrative Agent, no later than 10:00 11:00 a.m., Boston, Massachusetts New York City time, at least two one (21) Business Days’ Day's prior written notice of any prepayment pursuant to this §3.2 Section 2.9 of any Alternate Base Rate Loans, and at least four three (43) LIBOR Business Days’ ' notice of any proposed prepayment pursuant to this §3.2 Section 2.9 of Libor Revolving Credit LIBOR Rate Loans, specifying the proposed date of prepayment of Revolving Credit Loans and the principal amount to be prepaid. Each such partial prepayment of the Loans shall be in an amount equal to of $1,000,000 2,000,000 or an integral multiple of $1,000,000 500,000 in excess thereof or, if less, the outstanding balance of the Revolving Credit Loans then being repaid, shall be accompanied by the payment of all charges, if any, charges outstanding on all Revolving Credit Loans so prepaid and of all accrued interest on the principal prepaid to the date of payment, and shall be applied, in the absence of instruction by the Borrower, first to the principal of Alternate Base Rate Loans and then to the principal of Libor Revolving Credit LIBOR Rate Loans, at the Administrative Agent's option.

Optional Repayments of Revolving Credit Loans. The Borrower shall have the right, at its election, to prepay repay the outstanding amount of the Revolving Credit Loans, in as a whole or in part, at any time without penalty or premium; provided that the full or partial prepayment of the outstanding amount of any Libor Eurodollar Rate Loans Loan pursuant to this ss. 3.3 may not be prepaid made only on a date other than the last day of an the Interest Period relating thereto unless simultaneously with the prepayment the Borrower pays pays, together with and in addition to the Libor Breakage Costs for each Libor Rate Loan so prepaid at amount of the time prepayment, an amount determined by the Bank to be a reasonable estimate of such prepaymentits breakage costs in connection therewith. The Borrower shall thereafter pay the Agent promptly on demand any additional sums constituting breakage costs not previously paid by the Borrower and incurred by the Agent as determined by the Agent in its reasonable discretion. The Borrower shall give the Agent (with copies to the Agent for each Lender)Agent, no later than 10:00 a.m., Boston, Massachusetts Boston time, at least two three (23) Eurodollar Business Days’ prior written ' notice of any prepayment proposed repayment pursuant to this §3.2 ss. 3.3 of any Base Eurodollar Rate Loans, and at least four one (41) Business Days’ Day's notice of any proposed prepayment repayment pursuant to this §3.2 ss. 3.3 of Libor Base Rate Loans, in each case specifying the proposed date of prepayment payment of Revolving Credit Loans and the principal amount to be prepaidpaid. Each such partial prepayment of the Revolving Credit Loans shall be in an amount equal to not less than $1,000,000 or an integral multiple of $1,000,000 in excess thereof or, if less, the outstanding balance of the Revolving Credit Loans then being repaid250,000, shall be accompanied by the payment of all charges, if any, outstanding on all Revolving Credit Loans so prepaid and of all accrued interest on the principal prepaid repaid to the date of payment, payment and shall be applied, in the absence of instruction by the Borrower, Borrower first to the principal of Base Rate Loans and then to the principal of Libor Eurodollar Rate Loans.

Optional Repayments of Revolving Credit Loans. (a) The Borrower shall have the right, at its election, to prepay repay the outstanding amount of the Revolving Credit Loans, in as a whole or in part, at any time without penalty or premium; provided PROVIDED that any full or partial prepayment of the outstanding amount of any Libor Eurodollar Rate Loans pursuant to this SECTION 3.3 may not be prepaid made only on a date other than the last day of an the Interest Period unless the Borrower pays the Libor Breakage Costs for each Libor Rate Loan so prepaid at the time of such prepaymentrelating thereto. The Borrower shall give the Agent (with copies to the Agent for each Lender)Agent, no later than 10:00 a.m., a.m. (Boston, Massachusetts time), at least two (2) Business Days’ Days prior written notice of any prepayment pursuant to this §3.2 of any Base Rate Loans, and at least four (4) Business Days’ notice of any proposed prepayment pursuant to this §3.2 SECTION 3.3 of Libor Base Rate Loans and three (3) Eurodollar Business Days notice of any proposed prepayment pursuant to this SECTION 3.3 of Eurodollar Rate Loans, in each case specifying the proposed date of prepayment of Revolving Credit Loans and the principal amount to be prepaid. Each such partial prepayment of the Revolving Credit Loans shall be in an amount equal to $1,000,000 or an integral multiple of $1,000,000 in excess thereof or, if less, the outstanding balance of the Revolving Credit Loans then being repaid500,000, shall be accompanied by the payment of all charges, if any, outstanding on all Revolving Credit Loans so prepaid and of all accrued interest on the principal prepaid to the date of payment, prepayment and shall be applied, in the absence of instruction by the Borrower, first to the principal of Base Rate Loans and then to the principal of Libor Eurodollar Rate Loans. Each partial prepayment shall be allocated among the Lenders, in proportion, as nearly as practicable, to the respective unpaid principal amount of each Lender's Revolving Credit Note, with adjustments to the extent practicable to equalize any prior repayments not exactly in proportion.

Optional Repayments of Revolving Credit Loans. The Borrower shall have the right, at its election, to prepay the outstanding amount of the Revolving Credit Loans, in whole or in part, at any time without penalty or premium; provided PROVIDED that the outstanding amount of any Libor Eurodollar Rate Loans may not be prepaid on a date other than the last day of an Interest Period unless the Borrower pays the Libor Eurodollar Breakage Costs for each Libor Eurodollar Rate Loan so prepaid at the time of such prepayment. The Borrower shall give the Agent (with copies to the Agent for each LenderBank), no later than 10:00 a.m., Boston, Massachusetts time, at least two (2) Business Days’ ' prior written notice of any prepayment pursuant to this §3.2 Section 4.2 of any Base -50- Prime Rate Loans, and at least four (4) Eurodollar Business Days’ ' notice of any proposed prepayment pursuant to this §3.2 Section 4.2 of Libor Eurodollar Rate Loans, specifying the proposed date of prepayment of Revolving Credit Loans and the principal amount to be prepaid. Each such partial prepayment of the Loans shall be in an amount equal to $1,000,000 500,000 or an integral multiple of $1,000,000 100,000 in excess thereof or, if less, the outstanding balance of the Revolving Credit Loans then being repaid, shall be accompanied by the payment of all charges, if any, outstanding on all Revolving Credit Loans so prepaid and of all accrued interest on the principal prepaid to the date of payment, and shall be applied, in the absence of instruction by the Borrower, first to the principal of Base Prime Rate Loans and then to the principal of Libor Eurodollar Rate Loans.