Common use of Prepayment of Loan Clause in Contracts

Prepayment of Loan. The Borrowers shall ensure that at all times the aggregate outstanding amount of the Loan is not greater than the then applicable Total Commitments and, without prejudice to the generality of the foregoing, the Borrowers shall, if necessary, immediately prepay some or all of the outstanding amount of the Loan so that the aggregate outstanding amount of the Loan does not (taking into account the scheduled reduction of the Total Commitments under this Clause 8) exceed the Total Commitments as reducing from time to time thereafter pursuant to Clause 8.1. For the avoidance of doubt, any amounts repaid or prepaid pursuant to this Clause 8.2 may not be reborrowed. Any prepayment made shall be made together with any amounts due pursuant to Clause 8.8, without premium or penalty.

Prepayment of Loan. The Borrowers shall ensure that at all times the aggregate outstanding amount of the Loan is not greater than the then applicable Total Commitments and, without prejudice to the generality of the foregoing, the Borrowers shall, if necessary, immediately prepay some or all of the outstanding amount of the Loan so that the aggregate outstanding amount of the Loan does not (taking into account the scheduled reduction of the Total Commitments under this Clause 8) 8.2) exceed the Total Commitments as reducing from time to time thereafter pursuant to Clause 8.1. For the avoidance of doubt, any amounts repaid or prepaid pursuant to this Clause 8.2 may not be reborrowed. Any prepayment made shall be made together with any amounts due pursuant to Clause 8.8, without premium or penalty.