Common use of Prepayment of Loans Clause in Contracts

Prepayment of Loans. (a) The Borrower shall have the right at any time and from time to time to prepay any Borrowing in whole or in part, subject to the requirements of this Section.

Appears in 195 contracts

Samples: Credit Agreement (Horizon Global Corp), And Restatement Agreement (Interline Brands, Inc./De), Credit Agreement (Nasdaq Omx Group, Inc.)

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Prepayment of Loans. (a) The Borrower shall have the right at any time and from time to time to prepay any Borrowing in whole or in part, subject to the requirements prior notice in accordance with paragraph (b) of this Section; PROVIDED that the Borrower shall not have the right to prepay any Competitive Loan without the prior consent of the Lender thereof.

Appears in 6 contracts

Samples: Credit Agreement (Convergys Corp), Credit Agreement (Convergys Corp), Credit Agreement (Waddell & Reed Financial Inc)

Prepayment of Loans. (a) The Borrower shall have the right at any time and from time to time to prepay any Borrowing in whole or in part, subject to the requirements of this Section.

Appears in 4 contracts

Samples: Credit Agreement (Storm Cat Energy CORP), Credit Agreement (Forest Oil Corp), Credit Agreement (Forest Oil Corp)

Prepayment of Loans. (a) The Borrower shall have the right at any time and from time to time to prepay any Borrowing in whole or in part, without premium or penalty, subject to the requirements Section 2.15 and subject to prior notice in accordance with paragraph (b) of this Section.

Appears in 4 contracts

Samples: Credit Agreement (Medtronic Inc), Credit Agreement (Medtronic Inc), Credit Agreement (Medtronic Inc)

Prepayment of Loans. (a) The Borrower Borrowers shall have the right at any time and from time to time to prepay any Borrowing in whole or in part, without any premium or penalty (but including amounts owed under Section 2.16) subject to the requirements prior notice in accordance with paragraph (b) of this Section.

Appears in 3 contracts

Samples: Assignment and Assumption (Expedia, Inc.), Credit Agreement (Expedia, Inc.), Credit Agreement (Expedia, Inc.)

Prepayment of Loans. (a) The Borrower shall have the right at any time and from time to time to prepay any Borrowing Loan in whole or in part, subject to the requirements of this SectionSection 2.09, without penalty or premium (except as provided in Section 2.14 or 2.15).

Appears in 3 contracts

Samples: Credit Agreement (Pf Net Communications Inc), Credit Agreement (Velocita Corp), Credit Agreement (Velocita Corp)

Prepayment of Loans. (a) The Borrower shall have the right at any time and from time to time to prepay any Revolving Borrowing in whole or in part, subject to the requirements prior notice in accordance with paragraph (c) of this Section.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Service Corporation International), Credit Agreement (Service Corporation International)

Prepayment of Loans. (a) The Each Borrower shall have the right at any time and from time to time to prepay any Borrowing in whole or in part, in an aggregate amount that is an integral multiple of $5,000,000, subject to the requirements of this Section.

Appears in 2 contracts

Samples: Credit Agreement (Benchmark Electronics Inc), Credit Agreement (Benchmark Electronics Inc)

Prepayment of Loans. (a) The Borrower shall have the right at any time and from time to time to prepay any Borrowing in whole or in part, subject to the requirements prior notice in accordance with PARAGRAPH (b) of this Section.

Appears in 2 contracts

Samples: Credit Agreement (Genencor International Inc), Credit Agreement (Genencor International Inc)

Prepayment of Loans. (a) The Any Borrower shall have the right at any time and from time to time to prepay any Borrowing of such Borrower in whole or in part, subject to the requirements prior notice in accordance with paragraph (d) of this Section; PROVIDED, that Competitive Loans may be prepaid only with the consent of the Lenders making such Loans.

Appears in 2 contracts

Samples: ir.edwards.com, Edwards Lifesciences Corp

Prepayment of Loans. (a) The Borrower shall have the right at any time and from time to time to prepay any Borrowing in whole or in part, part subject to the requirements of this SectionSection without penalty or premium (except as provided in Section 2.14 or 2.15).

Appears in 2 contracts

Samples: Security Agreement (Jato Communications Corp), Security Agreement (Jato Communications Corp)

Prepayment of Loans. (a) The Borrower shall have the right at any time and from time to time to prepay any Borrowing in whole or in part, subject to the requirements prior notice in accordance with paragraph (b) of this Section.

Appears in 1 contract

Samples: Credit Agreement (SBC Communications Inc)

Prepayment of Loans. (a) The Borrower shall have the right at any time and from time to time to prepay any Borrowing in whole or in part, subject to the requirements of this SectionSection and payment of any related amounts owing pursuant to Section 2.17.

Appears in 1 contract

Samples: Credit Agreement (Fleming Companies Inc /Ok/)

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Prepayment of Loans. (a) The A Borrower shall have the right at any time and from time to time to prepay any Borrowing of such Borrower in whole or in part, subject to the requirements of this SectionSection applicable to optional prepayments.

Appears in 1 contract

Samples: Credit Agreement (Sinter Metals Inc)

Prepayment of Loans. (a) The Subject to Section 2.15, the Borrower shall have the right at any time and from time to time to prepay any Borrowing in whole or in part, subject to the requirements prior notice in accordance with paragraph (b) of this Section.

Appears in 1 contract

Samples: Credit Agreement (Charles River Laboratories International Inc)

Prepayment of Loans. (a) The Subject to the requirements of this section and Section 2.15(f), the Borrower shall have the right at any time and from time to time to prepay any Borrowing in whole or in part, subject to the requirements of this Section.

Appears in 1 contract

Samples: Credit Agreement (Wright Medical Group Inc)

Prepayment of Loans. (a) The Borrower shall have the right at any time and from time to time to prepay any Borrowing in whole or in part, without penalty, subject to the requirements of this SectionSection and Section 2.15.

Appears in 1 contract

Samples: Credit Agreement (Shiloh Industries Inc)

Prepayment of Loans. (a) The Subject to Section 2.09(d), the applicable Borrower shall have the right at any time and from time to time to prepay any Borrowing Borrowing, in whole or in part, subject to the requirements of this Section.

Appears in 1 contract

Samples: Credit Agreement (Sunbeam Corp/Fl/)

Prepayment of Loans. (a) The Each Borrower shall have the right at any time and from time to time time, without premium or penalty (but subject to Section 3.6), to prepay any Revolving Borrowing made to it in whole or in part, subject to the requirements of this Section.

Appears in 1 contract

Samples: Credit Agreement (Highland Floating Rate LTD Liability Co)

Prepayment of Loans. (a) The Subject to the requirements of Section 2.17(f), the Borrower shall have the right at any time and from time to time to prepay any Borrowing in whole or in part, subject to the requirements of this Section.

Appears in 1 contract

Samples: Credit Agreement (Wright Medical Group Inc)

Prepayment of Loans. (a) The Borrower shall have the right at any time and from time to time to prepay any Borrowing in whole or in part, subject to the requirements of this Section, PROVIDED that each prepayment of a Term Loan shall be allocated to the A Term Loans and the B Term Loans, on a pro rata basis, based on the aggregate outstanding principal balance of the Term Loans.

Appears in 1 contract

Samples: Supplemental Security Agreement (Penton Media Inc)

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