Partial Prepayments. Each partial prepayment of the Loan under §3.3 shall be in a minimum amount of $1,000,000 or an integral multiple of $100,000 in excess thereof, shall be accompanied by the payment of accrued interest on the principal prepaid to the date of payment. Each partial payment under §3.2 and §3.3 shall be applied ratably to the Loan of each Lender outstanding as of such date (and with respect to each category of Loans, first to the principal of Base Rate Loans, and then to the principal of LIBOR Rate Loans).
Appears in 1 contract
Partial Prepayments. Each partial prepayment of the Loan Loans under §3.3 shall be in a minimum amount of $1,000,000 100,000.00 or an integral multiple of $100,000 100,000.00 in excess thereof, and shall be accompanied by the payment of accrued interest on the principal prepaid to the date of payment. Each partial payment under §3.2 and §3.3 In the absence of instruction by the Borrower, prepayments shall be applied ratably to the Loan of each Lender outstanding as of such date (and with respect to each category of Loans, first to the principal of Base Rate Loans, and then to the principal of LIBOR Rate Loans).
Appears in 1 contract
Partial Prepayments. Each partial prepayment of the Loan Loans under §3.3 shall be in a minimum amount of $1,000,000 or an integral multiple of $100,000 in excess thereof100,000, shall be accompanied by the payment of accrued interest on the principal prepaid to the date of payment. Each partial payment under §3.2 and §3.3 and, after payment of such interest, shall be applied ratably to applied, in the Loan absence of each Lender outstanding as of such date (and with respect to each category of Loansinstruction by the Borrower, first to the principal of the Base Rate Loans, Loans and then to the principal of the LIBOR Rate Loans).
Appears in 1 contract
Samples: Bridge Loan Agreement (Ramco Gershenson Properties Trust)
Partial Prepayments. Each partial prepayment of the Loan Loans under §3.3 2.4(c) shall be in a minimum amount of $1,000,000 1,000,000.00 or an integral multiple of $100,000 100,000.00 in excess thereof, shall be accompanied by the payment of accrued interest on the principal prepaid to the date of payment. Each partial payment under §3.2 2.4(b) and §3.3 2.4(c) shall be applied ratably to the Loan of each Lender outstanding as of such date (and with respect to each category of Loans, first to the principal of Base Rate Loans, and then to the principal of LIBOR Rate Loans).
Appears in 1 contract
Partial Prepayments. Each partial prepayment of the Loan Loans under §3.3 2.4(c) shall be in a minimum amount of $1,000,000 1,000,000.00 or an integral multiple of $100,000 100,000.00 in excess thereof, shall be accompanied by the payment of accrued interest on the principal prepaid to the date of payment. Each partial payment under §3.2 2.4(b) and §3.3 2.4(c) shall be be, in the absence of instruction by the Borrower, applied ratably to the Loan of each Lender outstanding as of such date (and with respect to each category of Loans, first to the principal of Base Rate Loans, and then to the principal of LIBOR Rate Loans).
Appears in 1 contract
Partial Prepayments. Each partial prepayment of the Loan Loans under §3.3 shall be in a minimum amount of $1,000,000 1,000,000.00 or an integral multiple of $100,000 100,000.00 in excess thereof, and shall be accompanied by the payment of accrued interest on the principal prepaid to the date of payment. Each partial payment under §3.2 and §3.3 shall be applied ratably to applied, in the Loan absence of each Lender outstanding as of such date (and with respect to each category of Loansinstruction by the Borrower, first to the principal of Base Rate Loans, and then second to the principal of LIBOR Rate Loans).
Appears in 1 contract
Partial Prepayments. Each partial prepayment of the Loan Loans under §3.3 shall be in a minimum amount of $1,000,000 1,000,000.00 or an integral multiple of $100,000 100,000.00 in excess thereof, shall be accompanied by the payment of accrued interest on the principal prepaid to the date of payment. Each partial payment under §3.2 and §3.3 shall be applied ratably to the Loan principal of each Lender outstanding as of such date Loans (and with respect to each category of Loans, first to the principal of Base Rate Loans, and then to the principal of LIBOR Rate Loans).
Appears in 1 contract
Samples: Credit Agreement (Pacific Office Properties Trust, Inc.)
Partial Prepayments. Each partial prepayment of the Loan or portion hereof under §3.3 shall be in a minimum amount of $1,000,000 1,000,000.00 or an integral multiple of $100,000 100,000.00 in excess thereof, shall be accompanied by the payment of accrued interest on the principal prepaid to the date of payment. Each partial payment under §3.2 and §3.3 shall be applied ratably to the Loan of each Lender outstanding as of such date (and with respect to each category of Loans, first to the principal of Base Rate Loans, and then to the principal of LIBOR Rate Loans).
Appears in 1 contract
Samples: Term Loan Agreement (Dupont Fabros Technology, Inc.)
Partial Prepayments. Each partial prepayment of the Loan under §3.3 shall be in a minimum amount of $1,000,000 or an integral multiple of $100,000 in excess thereof100,000, shall be accompanied by the payment of accrued interest on the principal prepaid to the date of payment. Each partial payment under §3.2 and §3.3 shall be applied ratably first to the principal of Loan of each Lender outstanding as of such date (and with respect to each category of LoansLoan, first to the principal of Base Rate Loans, and then to the principal of LIBOR Rate Loans).
Appears in 1 contract
Partial Prepayments. Each partial prepayment of the Loan Loans under §3.3 shall be in a minimum amount of $1,000,000 100,000.00 or an integral multiple of $100,000 100,000.00 in excess thereof, and shall be accompanied by the payment of accrued interest on the principal prepaid to the date of payment. Each partial payment and any amount payable under §3.2 and §3.3 3.3(c). In the absence of instruction by the Borrower, prepayments shall be applied ratably to the Loan of each Lender outstanding as of such date (and with respect to each category of Loans, first to the principal of Base Rate Loans, and then to the principal of LIBOR Rate Loans).
Appears in 1 contract
Partial Prepayments. Each partial prepayment of the Loan Loans under §3.3 shall be in a minimum amount of $1,000,000 500,000.00 or an integral multiple of $100,000 100,000.00 in excess thereof, shall be accompanied by the payment of accrued interest on the principal prepaid to the date of payment. Each partial payment under §3.2 and §3.3 shall be applied ratably to in the Loan absence of each Lender outstanding as of such date (and with respect to each category of Loansinstruction by the Borrower, first to the principal of Base Rate Loans, Loans and then to the principal of LIBOR Rate Loans).
Appears in 1 contract
Partial Prepayments. Each partial prepayment of the Loan Loans under §3.3 shall be in a the minimum amount of $1,000,000 or an integral multiple of $100,000 in excess thereof, shall be accompanied by the payment of accrued interest on the principal prepaid to the date of payment. Each partial payment under §3.2 and §3.3 and, after payment of such interest, shall be applied ratably to applied, in the Loan absence of each Lender outstanding as of such date (and with respect to each category of Loansinstruction by the Borrower, first to the principal of Base Rate Loans, Loans and then to the principal of LIBOR Rate Loans).
Appears in 1 contract
Samples: Revolving Credit Agreement (Foundation Capital Resources Inc)