Common use of Other Prepayments Clause in Contracts

Other Prepayments. To the extent no other provision of this subsection 2.4B(iii) would apply, if any funds would be required to be used to redeem and/or prepay the Mortgage Notes and/or the Subordinated Notes (other than funds from the Mortgage Notes Proceeds Account) if not otherwise used to repay the Loans, then no later than one Business Day prior to the date on which Borrowers would otherwise be required to use such funds to effect such prepayment or redemption of the Mortgage Notes and/or Subordinated Notes, Borrowers shall prepay the Loans and/or the Commitments shall be permanently reduced in an amount equal to the amount of funds which would otherwise be used to redeem and/or prepay Mortgage Notes and/or Subordinated Notes.