Payment and Interest Cutoff Sample Clauses

Payment and Interest Cutoff. Notice of each prepayment pursuant to Section 4.2 shall be given to the Agent (a) in the case of prepayment of Base Rate Loans, not later than 11:00 a.m. (Boston time) on the date of payment, and (b) in the case of prepayment of or LIBOR Rate Loans on any day other than the last day of the Interest Period applicable thereto, not later than 11:00 a.m. (Boston time) two (2) Business Days prior to the proposed date of payment, and, in each case, shall specify the total principal amount of the Revolving Credit Advances to be paid on such date. Notice of prepayment having been given in compliance with this Section 4.3, the amount specified to be prepaid shall become due and payable on the date specified for prepayment and from and after said date (unless the Borrower shall default in the payment thereof) interest thereon shall cease to accrue. Unpaid interest on the principal amount of any Revolving Credit Advances so prepaid accrued to the date of prepayment shall be due on the date of prepayment.
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Payment and Interest Cutoff. Irrevocable notice of any voluntary prepayment pursuant to Section 4.2 shall be given to the Administrative Agent not later than 1:00 p.m. (New York City time) at least two Business Days prior to the date of prepayment and shall specify the date of such prepayment and the aggregate principal amount of the Term Loans to be prepaid on such date. Upon receipt of any such notice, the Administrative Agent shall promptly forward such notice to each Lender thereof. Notice of prepayment having been given in compliance with this Section 4.3, the amount specified to be prepaid shall become due and payable on the date specified for prepayment together with accrued and unpaid interest to such date on the amount prepaid.
Payment and Interest Cutoff. Notice of each prepayment pursuant to Section 4.2 shall be given to the Agent (a) in the case of prepayment of Base Rate Loans, not later than 12:00 noon (Boston time) one (1) Business Day prior to the proposed date of payment and (b) in the case of prepayment of LIBOR Rate Loans on any day other than the last day of the Interest Period applicable thereto, not later than 12:00 noon (Boston time), three (3) Business Days, prior to the proposed date of payment, and, in each case, shall specify the total principal amount of the Term Loans or the Revolving Credit Advances to be paid on such date. Notice of prepayment having been given in compliance with this Section 4.3, the amount specified to be prepaid shall become due and payable on the date specified for prepayment and from and after said date (unless the Borrowers shall default in the payment thereof) interest thereon shall cease to accrue. Unpaid interest on the principal amount of the Term Loans or any Revolving Credit Advances so prepaid accrued to the date of prepayment shall be due on the date of prepayment.
Payment and Interest Cutoff. Notice of each prepayment pursuant to Section 4.2 shall be given to the Agent (a) in the case of prepayment of Prime Rate Loans, not later than 12:00 noon (Boston, Massachusetts time) on the date of payment, and (b) in the case of prepayment of LIBOR Rate Loans on any day other than the last day of the Interest Period applicable thereto, not later than 12:00 noon (Boston, Massachusetts time) one Business Day prior to the proposed date of payment, and, in each case, shall specify the total principal amount of the Loans to be paid on such date. Notice of prepayment having been given in compliance with this Section 4.3, the amount specified to be prepaid shall become due and payable on the date specified for prepayment and from and after said date (unless the Borrowers shall default in the payment thereof) interest thereon shall cease to accrue. Unpaid interest on the principal amount of any Loan so prepaid accrued to the date of prepayment shall be due on the date of prepayment.
Payment and Interest Cutoff. Notice of each prepayment pursuant to Section 2.03(a) shall be given to the Bank not Later than 12:00 noon (Boston time) on the date of payment, and shall specify the total principal, interest and penalty, if any, of the Term Credit and/or the Revolving Credit to be paid on such date. Notice of prepayment having been given in compliance with this Section 2.08, the amount specified to be prepaid shall become due and payable on the date specified for prepayment and from and after said date (unless the Borrower shall default in the payment thereof) interest thereon shall cease to accrue. Unpaid interest on the principal amount of the Revolving Credit or Term Credit so prepaid accrued to the date of prepayment shall be due on the date of prepayment.
Payment and Interest Cutoff. Notice of each prepayment pursuant to Section 4.2 shall be given to the Bank (a) in the case of prepayment of Prime Rate Loans, not later than 12:00 noon (Boston time) on the date of payment and (b) in the case of prepayment of LIBOR Rate Loans on any day other than the last day of the Interest Period applicable thereto, not later than 12:00 noon (Boston time) three (3) Business Days prior to the proposed date of payment, and shall specify the total principal amount of the Revolving Credit Advances or Term Loan to be paid on such date. Notice of prepayment having been given in compliance with this Section 4.3, the amount specified to be prepaid shall become due and payable on the date specified for prepayment and from and after said date (unless the Borrowers shall default in the payment thereof) interest thereon shall cease to accrue. Unpaid interest on the principal amount of any Revolving Credit Advances or portions of the Term Loan so prepaid accrued to the date of prepayment shall be due on the date of prepayment.
Payment and Interest Cutoff. 34 Section 4.4. Payment or Other Actions on Non‑Business Days................................................... 34 Section 4.5. Method, Timing and Application of Payments.......................................................... 34 Section 4.6. Payments Not at End of Interest Period................................................................... 35 Section 4.7. Taxes..................................................................................................................... 36
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Payment and Interest Cutoff. Section 4.3 of the Credit Agreement is hereby amended by (i) deleting the phrase "(a) in the case of prepayment of Base Rate Loans," and (ii) deleting the phrase "and (b) in the case of prepayment of LIBOR Rate Loans on any day other than the last day of the Interest Period applicable thereto, not later than 12:00 noon (Boston time), three (3) Business Days, prior to the proposed date of payment, and, in each case," and inserting in lieu thereof the word "and".
Payment and Interest Cutoff. Notice of each prepayment of --------------------------- Revolving Credit Advances (other than under the Sterling Overdraft) or of the Term Loan pursuant to Section 4.2 shall be given to the Bank not later than 12:00 noon (London time) two (2) Business Days prior to the proposed date of payment, and shall specify the total principal amount of such Revolving Credit Advances or the Term Loan to be paid on such date. Notice of prepayment having been given in compliance with this Section 4.3, the amount specified to be prepaid shall become due and payable on the date specified for prepayment and from and after said date (unless the Borrower shall default in the payment thereof) interest thereon shall cease to accrue. Unpaid interest on the principal amount of any such Revolving Credit Advances or portions of the Term Loan so prepaid accrued to the date of prepayment shall be due on the date of prepayment.
Payment and Interest Cutoff. Notice of each prepayment pursuant to Section 4.2 shall be given to the Administrative Agent in the case of prepayment of Base Rate Loans, not later than 12:00 noon (Boston time) on the date of payment, and shall specify the total principal amount of the Revolving Credit Advances and the Term Loans to be paid on such date. Notice of prepayment having been given in compliance with this Section 4.3, the amount specified to be prepaid shall become due and payable on the date specified for prepayment and from and after said date (unless the Borrowers shall default in the payment thereof) interest thereon shall cease to accrue. Unpaid interest on the principal amount of any Revolving Credit Advances and the Term Loans so prepaid accrued to the date of prepayment shall be due on the date of prepayment.
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