Common use of PAYMENT OF THE LOAN ACCOUNT Clause in Contracts

PAYMENT OF THE LOAN ACCOUNT. (a) The Borrower may repay all or any portion of the principal balance of the Loan Account from time to time until the Termination Date. Such payments shall be applied first to Base Margin Loans and only then to Eurodollar Loans.

Appears in 2 contracts

Samples: Loan and Security Agreement (Aeropostale Inc), Loan and Security Agreement (Aeropostale Inc)

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PAYMENT OF THE LOAN ACCOUNT. (a) The Borrower may repay all or any portion of the principal balance of the Loan Account from time to time until the Termination Date. Such payments shall be applied first to Base Margin Rate Loans and only then to Eurodollar Loans.

Appears in 2 contracts

Samples: Loan and Security Agreement (Aeropostale Inc), Loan and Security Agreement (Aeropostale Inc)

PAYMENT OF THE LOAN ACCOUNT. (a) The Borrower Borrowers may repay all or any portion of the principal balance of the Loan Account from time to time until the Termination Date. Such payments shall be applied first to Base Margin Loans and only then to Eurodollar Libor Loans.

Appears in 1 contract

Samples: Loan and Security Agreement (Homeplace of America Inc)

PAYMENT OF THE LOAN ACCOUNT. (a) The Borrower Borrowers may repay all or any portion of the principal balance of the Loan Account from time to time until the Termination Date. Such payments shall be applied first to Base Margin Loans and only then to Eurodollar Loans.

Appears in 1 contract

Samples: Loan and Security Agreement (Sports Authority Inc /De/)

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PAYMENT OF THE LOAN ACCOUNT. (ai) The Borrower may repay all or any portion of the principal balance of the Loan Account from time to time until the Termination Date. Such payments shall be applied first to Base Margin Rate Loans and only then to Eurodollar Loans.

Appears in 1 contract

Samples: Loan and Security Agreement (Aeropostale Inc)

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