Common use of Prepayments of Loans Clause in Contracts

Prepayments of Loans. Each Euro Borrower may, upon notice to Administrative Agent, at any time or from time to time voluntarily prepay Euro Loans in whole or in part without premium or penalty; provided that (a) such notice must be received by Administrative Agent not later than 11:00 a.m., (i) three Business Days prior to any date of prepayment of Eurocurrency Rate Loans and (ii) on the date of prepayment of any Base Rate Loans or Substitute Rate Loans; and (b) any prepayment of Euro Loans shall be in a principal amount permitted by Section 6.1.2 or, if less, the entire principal amount thereof then outstanding. Each such notice shall specify the date and amount of such prepayment and the Type(s) of Euro Loans to be prepaid and, if Eurocurrency Rate Loans are to be prepaid, the Interest Period(s) of such Eurocurrency Rate Loans. Administrative Agent will promptly notify each Euro Lender and each Euro Fronting Lender, as applicable, of its receipt of each such notice, and of the amount of such Euro Lender’s Applicable Tranche Percentage of such prepayment. If such notice is given by such Euro Borrower, then such Euro Borrower shall make such prepayment and the payment amount specified in such notice shall be due and payable on the date specified therein. Any prepayment of a Eurocurrency Rate Loan shall be accompanied by all accrued interest on the amount prepaid, together with any additional amount 45 Prologis, L.P. Term Loan Agreement required pursuant to Section 7.5. Subject to Sections 2.2.4 and 6.8.3, each such prepayment shall be applied to the Euro Loans of Euro Lenders in accordance with their respective Applicable Tranche Percentages.

Prepayments of Loans. Each Euro Sterling Borrower may, upon notice to Administrative Agent, at any time or from time to time voluntarily prepay Euro Sterling Loans in whole or in part without premium or penalty; provided that (a) such notice must be received by Administrative Agent Agent, not later than 11:00 a.m., a.m. (i) three Business Days prior to any date of prepayment of Eurocurrency Rate Loans and (ii) on the date of prepayment of any Base Rate Loans or and Substitute Rate Loans; and (b) any prepayment of Euro Sterling Loans shall be in a principal amount permitted by Section 6.1.2 or, if less, the entire principal amount thereof then outstanding. Each such notice shall specify the date and amount of such prepayment and the Type(s) of Euro Loans to be prepaid and, if Eurocurrency Rate Loans are to be prepaid, the Interest Period(s) of such Eurocurrency Rate the applicable Loans. Administrative Agent will promptly notify each Euro Sterling Lender and each Euro Sterling Fronting Lender, as applicable, of its receipt of each such notice, and of the amount of such Euro Sterling Lender’s Applicable Tranche Percentage of such prepayment. If such notice is given by such Euro Sterling Borrower, then such Euro Sterling Borrower shall make such prepayment and the payment amount specified in such notice shall be due and payable on the date specified therein. Any prepayment of a Eurocurrency Rate Loan shall be accompanied by all accrued interest on the amount prepaid, together with any additional amount 45 Prologis, L.P. Term Loan Agreement required pursuant to Section 7.5. Subject to Sections 2.2.4 5.2.4 and 6.8.36.9.3, each such prepayment shall be applied to the Euro Sterling Loans of Euro Sterling Lenders in accordance with their respective Applicable Tranche Percentages.

Prepayments of Loans. Each Euro (a) The Borrower may, upon notice to the Administrative Agent, at any time or from time to time voluntarily prepay Euro Loans in whole or in part without premium or penalty; provided that (ai) such notice must be in a form acceptable to the Administrative Agent and be received by the Administrative Agent not later than 11:00 a.m., a.m. (iA) three Business Days prior to any date of prepayment of Eurocurrency Rate LIBOR Loans and (iiB) on the date of prepayment of any Base Rate Loans or Substitute Rate ABR Loans; and (bii) any prepayment of Euro LIBOR Loans shall be in a principal amount permitted by Section 6.1.2 of $5,000,000 or a whole multiple of $1,000,000 in excess thereof; and (iii) any prepayment of ABR Loans shall be in a principal amount of $500,000 or a whole multiple of $100,000 in excess thereof or, in each case, if less, the entire principal amount thereof then outstanding. Each such notice shall specify the date and amount of such prepayment and the Type(s) of Euro Loans to be prepaid and, if Eurocurrency Rate LIBOR Loans are to be prepaid, the Interest Period(s) of such Eurocurrency Rate Loans. The Administrative Agent will promptly notify each Euro Lender and each Euro Fronting Lender, as applicable, of its receipt of each such notice, and of the amount of such Euro Lender’s Applicable Tranche Percentage of such prepayment. If such notice is given by such Euro the Borrower, then such Euro the Borrower shall make such prepayment and the payment amount specified in such notice shall be due and payable on the date specified therein. Any prepayment of a Eurocurrency Rate Loan shall be accompanied by all accrued interest on the amount prepaid, together with any additional amount 45 Prologis, L.P. Term Loan Agreement required pursuant to Section 7.5. Subject to Sections 2.2.4 and 6.8.3, each such prepayment shall notice given in connection with a Debt Issuance may be applied conditioned upon the receipt of the proceeds from the issuance of such Permitted Additional Debt, in which case such notice may be revoked by the Borrower (by notice to the Euro Loans Administrative Agent on or prior to the specified effective date) if such condition is not satisfied; provided that, the Borrower shall remain responsible for the payment of Euro Lenders any losses, costs or other amounts set forth in accordance with their respective Applicable Tranche PercentagesSection 3.7.

Prepayments of Loans. Each Euro U.S. Borrower may, upon notice to Administrative Agent, at any time or from time to time voluntarily prepay Euro U.S. Loans in whole or in part without premium or penalty; provided that (a) such notice must be received by Administrative Agent Agent, not later than 11:00 a.m., a.m. (i) three Business Days prior to any date of prepayment of Eurocurrency Rate Loans and (ii) on the date of prepayment of any Base Rate Loans or Substitute Rate Loans; and (b) any prepayment of Euro U.S. Loans shall be in a principal amount permitted by Section 6.1.2 or, if less, the entire principal amount thereof then outstanding. Each such notice shall specify the date and amount of such prepayment and the Type(s) of Euro U.S. Loans to be prepaid and, if Eurocurrency Rate Loans are to be prepaid, the Interest Period(s) of such Eurocurrency Rate the applicable Loans. Administrative Agent will promptly notify each Euro U.S. Lender and each Euro Fronting Lender, as applicable, of its receipt of each such notice, and of the amount of such Euro U.S. Lender’s Applicable Tranche Percentage of such prepayment. If such notice is given by such Euro U.S. Borrower, then such Euro U.S. Borrower shall make such prepayment and the payment amount specified in such notice shall be due and payable on the date specified therein. Any prepayment of a Eurocurrency Rate Loan shall be accompanied by all accrued interest on the amount prepaid, together with any additional amount 45 Prologis, L.P. Term Loan Agreement required pursuant to Section 7.5. Subject to Sections 2.2.4 3.2.4 and 6.8.36.9.3, each such prepayment shall be applied to the Euro U.S. Loans of Euro U.S. Lenders in accordance with their respective Applicable Tranche Percentages.

Prepayments of Loans. Each Euro Sterling Borrower may, upon notice to Administrative Agent, at any time or from time to time voluntarily prepay Euro Sterling Loans in whole or in part without premium or penalty; provided that (a) such notice must be in a form acceptable to Administrative Agent and be received by Administrative Agent not later than 11:00 a.m., (i) three Business Days prior to any date of prepayment of Eurocurrency Rate Loans and (ii) on the date of prepayment of any Base Rate Loans or and Substitute Rate Loans; and (b) any prepayment of Euro Sterling Loans shall be in a principal amount permitted by Section 6.1.2 or, if less, the entire principal amount thereof then outstanding. Each such notice shall specify the date and amount of such prepayment and the Type(s) of Euro Loans to be prepaid and, if Eurocurrency Rate Loans are to be prepaid, the Interest Period(s) of such Eurocurrency Rate the applicable Loans. Administrative Agent will promptly notify each Euro Sterling Lender and each Euro Sterling Fronting Lender, as applicable, of its receipt of each such notice, and of the amount of such Euro Sterling Lender’s Applicable Tranche Percentage of such prepayment. If such notice is given by such Euro Sterling Borrower, then such Euro Sterling Borrower shall make such prepayment and the payment amount specified in such notice shall be due and payable on the date specified therein. Any prepayment of a Eurocurrency Rate Loan shall be accompanied by all accrued interest on the amount prepaid, together with any additional amount 45 Prologis, L.P. Term Loan Agreement required pursuant to Section 7.5. Subject to Sections 2.2.4 5.2.4 and 6.8.36.9.3, each such prepayment shall be applied to the Euro Sterling Loans of Euro Sterling Lenders in accordance with their respective Applicable Tranche Percentages.

Prepayments of Loans. Each Euro Borrower may, upon notice to Administrative Agent, at any time or from time to time voluntarily prepay Euro Loans in whole or in part without premium or penalty; provided that (a) such notice must be in a form acceptable to Administrative Agent and be received by Administrative Agent not later than 11:00 a.m., (i) three Business Days prior to any date of prepayment of Eurocurrency Rate Loans denominated in an Alternative Currency, (ii) two Business Days prior to any date of prepayment of Eurocurrency Rate Loans denominated in Euros and (iiiii) on the date of prepayment of any Base Rate Loans or Substitute Rate Loans; and (b) any prepayment of Euro Loans shall be in a principal amount permitted by Section 6.1.2 or, if less, the entire principal amount thereof then outstanding. Each such notice shall specify the date and amount of such prepayment and the Type(s) of Euro Loans to be prepaid and, if Eurocurrency Rate Loans are to be prepaid, the Interest Period(s) of such Eurocurrency Rate Loans. Administrative Agent will promptly notify each Euro Lender and each Euro Fronting Lender, as applicable, of its receipt of each such notice, and of the amount of such Euro Lender’s Applicable Tranche Percentage of such prepayment. If such notice is given by such Euro Borrower, then such Euro Borrower shall make such prepayment and the payment amount specified in such notice shall be due and payable on the date specified therein. Any prepayment of a Eurocurrency Rate Loan shall be accompanied by all accrued interest on the amount prepaid, together with any additional amount 45 Prologis, L.P. Term Loan Agreement required pursuant to Section 7.5. Subject to Sections 2.2.4 and 6.8.3, each such prepayment shall be applied to the Euro Loans of Euro Lenders in accordance with their respective Applicable Tranche Percentages.

Prepayments of Loans. Each Euro U.S. Borrower may, upon notice to Administrative Agent, at any time or from time to time voluntarily prepay Euro U.S. Loans in whole or in part without premium or penalty; provided that (a) such notice must be in a form acceptable to Administrative Agent and be received by Administrative Agent not later than 11:00 a.m., (i) three Business Days prior to any date of prepayment of Eurocurrency Rate Loans denominated in an Alternative Currency, (ii) two Business Days prior to any date of prepayment of Eurocurrency Rate Loans denominated in Dollars and (iiiii) on the date of prepayment of any Base Rate Loans or Substitute Rate Loans; and (b) any prepayment of Euro U.S. Loans shall be in a principal amount permitted by Section 6.1.2 or, if less, the entire principal amount thereof then outstanding. Each such notice shall specify the date and amount of such prepayment and the Type(s) of Euro U.S. Loans to be prepaid and, if Eurocurrency Rate Loans are to be prepaid, the Interest Period(s) of such Eurocurrency Rate the applicable Loans. Administrative Agent will promptly notify each Euro U.S. Lender and each Euro Fronting Lender, as applicable, of its receipt of each such notice, and of the amount of such Euro U.S. Lender’s Applicable Tranche Percentage of such prepayment. If such notice is given by such Euro U.S. Borrower, then such Euro U.S. Borrower shall make such prepayment and the payment amount specified in such notice shall be due and payable on the date specified therein. Any prepayment of a Eurocurrency Rate Loan shall be accompanied by all accrued interest on the amount prepaid, together with any additional amount 45 Prologis, L.P. Term Loan Agreement required pursuant to Section 7.5. Subject to Sections 2.2.4 3.2.4 and 6.8.36.9.3, each such prepayment shall be applied to the Euro U.S. Loans of Euro U.S. Lenders in accordance with their respective Applicable Tranche Percentages.