Common use of Prepayments Clause in Contracts

Prepayments. Borrowers may prepay LIBOR Rate Loans at any time; provided, however, that in the event that LIBOR Rate Loans are prepaid on any date that is not the last day of the Interest Period applicable thereto, including as a result of any automatic prepayment through the required application by Agent of proceeds of Collections in accordance with Section 2.4(b) or for any other reason, including early termination of the term of this Agreement or acceleration of all or any portion of the Obligations pursuant to the terms hereof, each Borrower shall indemnify, defend, and hold Agent and the Lenders and their Participants harmless against any and all Funding Losses in accordance with clause (b) above.

Appears in 14 contracts

Samples: Loan and Security Agreement (Telos Corp), Loan and Security Agreement (Telos Corp), Loan and Security Agreement (Telos Corp)

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Prepayments. Borrowers Borrower may prepay LIBOR Rate Loans at any time; provided, however, that in the event that LIBOR Rate Loans are prepaid on any date that is not the last day of the Interest Period applicable thereto, including as a result of any automatic prepayment through the required application by Agent of proceeds of Borrower’s and its Subsidiaries’ Collections in accordance with Section 2.4(b) or for any other reason, including early termination of the term of this Agreement or acceleration of all or any portion of the Obligations pursuant to the terms hereof, each Borrower shall indemnify, defend, and hold Agent and the Lenders and their Participants harmless against any and all Funding Losses in accordance with clause (bb)(ii) above.

Appears in 10 contracts

Samples: Credit Agreement (ECA Marcellus Trust I), Loan and Security Agreement (Freshpet, Inc.), Loan and Security Agreement (Sharper Image Corp)

Prepayments. Borrowers may prepay LIBOR Rate Loans at any time; provided, however, that in the event that LIBOR Rate Loans are prepaid on any date that is not the last day of the Interest Period applicable thereto, including as a result of any automatic prepayment through the required application by Agent of proceeds of Collections in accordance with Section 2.4(b) or for any other reason, including early termination of the term of this Agreement or acceleration of all or any portion of the Obligations pursuant to the terms hereof, each Borrower shall indemnify, defend, and hold Agent and the Lenders and their Participants harmless against any and all Funding Losses in accordance with clause (b) above.

Appears in 10 contracts

Samples: Loan and Security Agreement (Metalico Inc), Loan and Security Agreement (LSB Industries Inc), Loan and Security Agreement (LSB Industries Inc)

Prepayments. Borrowers Borrower may prepay LIBOR Rate Loans at any time; provided, however, that in the event that LIBOR Rate Loans are prepaid on any date that is not the last day of the Interest Period applicable thereto, including as a result of any automatic prepayment through the required application by Agent of proceeds of Collections in accordance with Section 2.4(b) or for any other reason, including early termination of the term of this Agreement or acceleration of all or any portion of the Obligations pursuant to the terms hereof, each Borrower shall indemnify, defend, and hold Agent and the Lenders and their Participants harmless against any and all Funding Losses in accordance with clause (bb)(ii) above.

Appears in 8 contracts

Samples: Loan and Security Agreement (En Pointe Technologies Inc), Loan and Security Agreement and Guaranty (Archibald Candy Corp), Loan and Security Agreement (Acme Communications Inc)

Prepayments. Borrowers Borrower may prepay LIBOR Rate Loans at any time; provided, however, that in the event that LIBOR Rate Loans are prepaid on any date that is not the last day of the Interest Period applicable thereto, including as a result of any automatic prepayment through the required application by Agent of proceeds of each Credit Party’s Collections in accordance with Section 2.4(b2.5(b) or for any other reason, including early termination of the term of this Agreement or acceleration of all or any portion of the Obligations pursuant to the terms hereof, each Borrower shall indemnify, defend, and hold Agent and the Lenders and their Participants harmless against any and all Funding Losses in accordance with clause (bb)(ii) above.

Appears in 6 contracts

Samples: Loan, Guaranty and Security Agreement (Gordmans Stores, Inc.), Loan, Guaranty and Security Agreement (Gordmans Stores, Inc.), Loan, Guaranty and Security Agreement (Gordmans Stores, Inc.)

Prepayments. Borrowers Borrower may prepay LIBOR Rate Loans at any time; provided, however, that in the event that LIBOR Rate Loans are prepaid on any date that is not the last day of the Interest Period applicable thereto, including as a result of any automatic prepayment through the required application by Agent Lender of proceeds of Collections in accordance with Section 2.4(b) or for any other reason, including early termination of the term of this Agreement or acceleration of all or any portion of the Obligations pursuant to the terms hereof, each Borrower shall indemnify, defend, and hold Agent Lender and the Lenders and their its Participants harmless against any and all Funding Losses in accordance with clause (bb)(ii) above.

Appears in 3 contracts

Samples: Loan and Security Agreement (Lazy Days R.V. Center, Inc.), Loan and Security Agreement (RMH Teleservices Inc), Loan and Security Agreement (Mikohn Gaming Corp)

Prepayments. Borrowers Borrower may prepay LIBOR Rate Loans at any time; provided, however, that in the event that LIBOR Rate Loans are prepaid on any date that is not the last day of the Interest Period applicable thereto, including as a result of any automatic prepayment through the required application by Agent Lender of proceeds of Borrower's Collections in accordance with Section 2.4(b) or for any other reason, including early termination of the term of this Agreement or acceleration of all or any portion of the Obligations pursuant to the terms hereof, each Borrower shall indemnify, defend, and hold Agent Lender and the Lenders and their its Participants harmless against any and all Funding Losses in accordance with clause (bb)(ii) above.

Appears in 3 contracts

Samples: Loan and Security Agreement (Viskase Companies Inc), Loan and Security Agreement (Viskase Companies Inc), Loan and Security Agreement (Viskase Companies Inc)

Prepayments. Borrowers Borrower may prepay LIBOR Rate Loans at any time; provided, however, that in the event that LIBOR Rate Loans are prepaid on any date that is not the last day of the Interest Period applicable thereto, including as a result of any automatic prepayment through the required application by Agent of proceeds of Collections in accordance with Section 2.4(b) or for any other reason, including early termination of the term of this Agreement or acceleration of all or any portion of the Obligations pursuant to the terms hereof, each Borrower shall indemnify, defend, and hold Agent and the Lenders and their Participants harmless against any and all Funding Losses in accordance with clause (bb)(ii) above.

Appears in 3 contracts

Samples: Loan and Security Agreement (BGF Industries Inc), Loan and Security Agreement (Communications & Power Industries Inc), Loan and Security Agreement (Leapfrog Enterprises Inc)

Prepayments. Borrowers Borrower may prepay LIBOR Rate Loans at any time; provided, however, that in the event that LIBOR Rate Loans are prepaid on any date that is not the last day of the Interest Period applicable thereto, including as a result of any automatic prepayment through the required application by Agent of proceeds of each Credit Party’s Collections in accordance with Section 2.4(b) or for any other reason, including early termination of the term of this Agreement or acceleration of all or any portion of the Obligations pursuant to the terms hereof, each Borrower shall indemnify, defend, and hold Agent and the Lenders and their Participants harmless against any and all Funding Losses in accordance with clause (bb)(ii) above.

Appears in 3 contracts

Samples: Loan, Guaranty and Security Agreement (Design Within Reach Inc), Loan and Guaranty Agreement (Collective Brands, Inc.), Loan and Guaranty Agreement (Payless Shoesource Inc /De/)

Prepayments. Borrowers Borrower may prepay LIBOR Rate Loans at any time; provided, however, that in the event that LIBOR Rate Loans are prepaid on any date that is not the last day of the Interest Period applicable thereto, including as a result of any automatic prepayment through the required application by Agent Foothill of proceeds of Borrower’s and its Subsidiaries’ Collections in accordance with Section 2.4(b) under this Agreement or for any other reason, including early termination of the term of this Agreement or acceleration of all or any portion of the Obligations pursuant to the terms hereof, each Borrower shall indemnify, defend, and hold Agent Foothill and the Lenders and their Participants its participants harmless against any and all Funding Losses in accordance with clause (bb)(ii) above.

Appears in 2 contracts

Samples: Loan and Security Agreement (Image Entertainment Inc), Loan and Security Agreement (Image Entertainment Inc)

Prepayments. Borrowers Each Borrower may prepay LIBOR Rate Loans at any time; provided, however, that in the event that LIBOR Rate Loans are prepaid on any date that is not the last day of the Interest Period applicable thereto, including as a result of any automatic prepayment through the required application by Agent of proceeds of Collections in accordance with Section 2.4(b) or for any other reason, including early termination of the term of this Agreement or acceleration of all or any portion of the Obligations pursuant to the terms hereof, each Borrower shall indemnify, defend, and hold Agent and the Lenders and their Participants harmless against any and all Funding Losses in accordance with clause (bb)(ii) above.

Appears in 2 contracts

Samples: Loan and Security Agreement (Big Dog Holdings Inc), And Consolidated Loan and Security Agreement (Big Dog Holdings Inc)

Prepayments. Borrowers may prepay LIBOR Rate Loans at any time; provided, however, that in the event that LIBOR Rate Loans are prepaid on any date that is not the last day of the Interest Period applicable thereto, including as a result of any automatic prepayment through the required application by Agent of proceeds of Borrowers’ Collections in accordance with Section 2.4(b) or for any other reason, including early termination of the term of this Agreement or acceleration of all or any portion of the Obligations pursuant to the terms hereof, each Borrower shall indemnify, defend, and hold Agent and the Lenders and their Participants harmless against any and all Funding Losses in accordance with clause (bb)(ii) above.

Appears in 2 contracts

Samples: Credit Agreement (Silicon Graphics Inc), Credit Agreement (Silicon Graphics Inc)

Prepayments. Borrowers The Borrower may prepay LIBOR Rate Loans at any time; provided, however, that in the event that LIBOR Rate Loans are prepaid on any date that is not the last day of the Interest Period applicable thereto, including as a result of any automatic prepayment through the required application by Administrative Agent of proceeds of Collections in accordance with Section 2.4(b) 4.04 or for any other reason, including early termination of the term of this Agreement or acceleration of all or any portion of the Obligations pursuant to the terms hereof, each the Borrower shall indemnify, defend, and hold Administrative Agent and the Lenders and their Participants participants harmless against any and all Funding Losses in accordance with clause subsection (bii) above.

Appears in 2 contracts

Samples: Financing Agreement (Magnetek Inc), Financing Agreement (PRG Schultz International Inc)

Prepayments. Borrowers may prepay LIBOR LIBO Rate Loans at any time; provided, however, that in the event that LIBOR LIBO Rate Loans are prepaid on any date that is not the last day of the Interest Period applicable thereto, including as a result of any automatic prepayment through the required application by Agent of proceeds of Collections in accordance with Section 2.4(b) or for any other reason, including early termination of the term of this Agreement or acceleration of all or any portion of the Obligations pursuant to the terms hereof, each Borrower shall indemnify, defend, and hold Agent and the Lenders and their Participants harmless against any and all Funding Losses in accordance with clause (bb)(ii) above.

Appears in 2 contracts

Samples: Loan and Security Agreement (Harolds Stores Inc), Loan, Guaranty and Security Agreement (Geac Computer Corp LTD)

Prepayments. Borrowers may prepay LIBOR Rate Loans at any time; providedPROVIDED, howeverHOWEVER, that in the event that LIBOR Rate Loans are prepaid on any date that is not the last day of the Interest Period applicable thereto, including as a result of any automatic prepayment through the required application by Agent of proceeds of Collections in accordance with Section SECTION 2.4(b) or for any other reason, including early termination of the term of this Agreement or acceleration of all or any portion of the Obligations pursuant to the terms hereof, each Borrower shall indemnify, defend, and hold Agent and the Lenders and their Participants harmless against any and all Funding Losses in accordance with clause (b) above.

Appears in 2 contracts

Samples: Loan and Security Agreement (Ultimate Electronics Inc), Loan and Security Agreement (Frontstep Inc)

Prepayments. Borrowers may prepay LIBOR Rate Loans at any time; provided, however, that in the event that LIBOR Rate Loans are prepaid on any -------- ------- date that is not the last day of the Interest Period applicable thereto, including as a result of any automatic prepayment through the required application by Agent of proceeds of Collections in accordance with Section 2.4(b) or for any other reason, including early termination of the -------------- term of this Agreement or acceleration of all or any portion of the Obligations pursuant to the terms hereof, each Borrower shall indemnify, defend, and hold Agent and the Lenders and their Participants harmless against any and all Funding Losses in accordance with clause (b) above.

Appears in 1 contract

Samples: Loan and Security Agreement (Cellstar Corp)

Prepayments. Borrowers The Borrower may prepay LIBOR Rate Loans at any time; provided, however, that in the event that LIBOR Rate Loans are prepaid on any date that is not the last day of the Interest Period applicable thereto, including as a result of any automatic prepayment through the required application by Administrative Agent of proceeds of Collections collections in accordance with Section 2.4(b) 4.04 or for any other reason, including early termination of the term of this Agreement or acceleration of all or any portion of the Obligations pursuant to the terms hereof, each the Borrower shall indemnify, defend, and hold Administrative Agent and the Lenders and their Participants participants harmless against any and all Funding Losses in accordance with clause subsection (bii) above.

Appears in 1 contract

Samples: Financing Agreement (Russ Berrie & Co Inc)

Prepayments. Borrowers Borrower may prepay LIBOR Rate Loans at any time; provided, however, that in the event that LIBOR Rate Loans are prepaid on any date that is not the last day of the Interest Period applicable thereto, including as a result of any automatic prepayment through the required application by Collateral Agent of proceeds of Collections in accordance with Section 2.4(b) or for any other reason, including early termination of the term of this Agreement or acceleration of all or any portion of the Obligations pursuant to the terms hereof, each Borrower shall indemnify, defend, and hold Collateral Agent and the Lenders and their Participants harmless against any and all Funding Losses in accordance with clause (bb)(ii) above.

Appears in 1 contract

Samples: Loan and Security Agreement (Cutter & Buck Inc)

Prepayments. Borrowers Borrower may prepay LIBOR Rate Loans at any time; provided, however, that in the event that LIBOR Rate Loans are prepaid on -------- ------- any date that is not the last day of the Interest Period applicable thereto, including as a result of any automatic prepayment through the required application by Agent of proceeds of Collections in accordance with Section ------- 2.4(b) or for any other reason, including early termination of the term of this ------ Agreement or acceleration of all or any portion of the Obligations pursuant to the terms hereof, each Borrower shall indemnify, defend, and hold Agent and the Lenders and their Participants harmless against any and all Funding Losses in accordance with clause (bb)(ii) above.

Appears in 1 contract

Samples: Loan and Security Agreement (DSG International LTD)

Prepayments. Borrowers may prepay LIBOR Rate Loans at any time; provided, however, that in the event that LIBOR Rate Loans are prepaid on any date that is not the last day of the Interest Period applicable thereto, including as a result of any automatic prepayment through the required application by Agent of proceeds of Collections in accordance with Section 2.4(b) or for any other reason, including early termination of the term of this Agreement or acceleration of all or any portion of the Obligations pursuant to the terms hereof, each Borrower shall indemnify, defend, and hold Agent and the Lenders and their Participants harmless against any and all Funding Losses in accordance with clause (b) above. The Agent and the Lenders shall apply all Collections that are applied to the Advances or Term Loans, first, to Base Rate Loans and, second, to LIBOR Rate Loans.

Appears in 1 contract

Samples: Loan and Security Agreement (Iron Age Corp)

Prepayments. Borrowers Borrower may prepay LIBOR Rate Loans at any time; providedPROVIDED, howeverHOWEVER, that in the event that LIBOR Rate Loans are prepaid on any date that is not the last day of the Interest Period applicable thereto, including as a result of any automatic prepayment through the required application by Agent of proceeds of Collections in accordance with Section 2.4(bSECTION 2.4(B) or for any other reason, including early termination of the term of this Agreement or acceleration of all or any portion of the Obligations pursuant to the terms hereof, each Borrower shall indemnify, defend, and hold Agent and the Lenders and their Participants harmless against any and all Funding Losses in accordance with clause (bb)(ii) above.

Appears in 1 contract

Samples: Loan and Security Agreement (Nabi Biopharmaceuticals)

Prepayments. Borrowers may prepay LIBOR Rate Loans at any time; provided, however, that in the event that LIBOR Rate Loans are prepaid on any date that is not the last day of the Interest Period applicable thereto, including as a result of any automatic prepayment through the required application by Agent Lender of proceeds of Collections in accordance with Section 2.4(b) or for any other reason, including early termination of the term of this Agreement or acceleration of all or any portion of the Obligations pursuant to the terms hereof, each Borrower shall indemnify, defend, and hold Agent and the Lenders Lender and their Participants harmless against any and all Funding Losses in accordance with clause (b) above.

Appears in 1 contract

Samples: Loan and Security Agreement (Synalloy Corp)

Prepayments. Subject to the provisions of Section 2.6(a) Borrowers may prepay LIBOR Rate Loans at any time; provided, however, that in the event that LIBOR Rate Loans are prepaid on any date that is not the last day of the Interest Period applicable thereto, including as a result of any automatic prepayment through the required application by Agent of proceeds of Collections in accordance with Section 2.4(b) or for any other reason, including early termination of the term of this Agreement or acceleration of all or any portion of the Obligations pursuant to the terms hereof, each Borrower shall indemnify, defend, and hold Agent and the Lenders and their Participants harmless against any and all Funding Losses in accordance with clause (bSection 2.6(a) above.

Appears in 1 contract

Samples: Loan and Security Agreement (3 D Systems Corp)

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Prepayments. Borrowers may prepay LIBOR Rate Loans at any time; provided, however, that in the event that LIBOR Rate Loans are prepaid on any date that is not the last day of the Interest Period applicable thereto, including as a result of any automatic prepayment through the required application by Agent of proceeds of Collections in accordance with Section 2.4(bsubsection 2.4(c) or for any other reason, including early termination of the term of this Agreement or acceleration of all or any portion of the Obligations pursuant to the terms hereof, each Borrower shall indemnify, defend, and hold Agent and the Revolving Credit Lenders and their Participants harmless against any and all Funding Losses in accordance with clause (b) above.

Appears in 1 contract

Samples: Loan and Security Agreement (Ultimate Electronics Inc)

Prepayments. Borrowers Borrower may prepay LIBOR Rate Loans at any time; provided, however, that in the event that LIBOR Rate Loans are prepaid on ----------------- any date that is not the last day of the Interest Period applicable thereto, including as a result of any automatic prepayment through the required application by Agent Lender of proceeds of Collections in accordance with Section ------- 2.4(b) or for any other reason, including early termination of the term of this ------ Agreement or acceleration of all or any portion of the Obligations pursuant to the terms hereof, each Borrower shall indemnify, defend, and hold Agent Lender and the Lenders and their its Participants harmless against any and all Funding Losses in accordance with clause (bb)(ii) above.

Appears in 1 contract

Samples: Loan and Security Agreement (Microstrategy Inc)

Prepayments. Borrowers may prepay LIBOR Rate Loans at any time; provided, however, that in the event that LIBOR Rate Loans are prepaid on any date that is not the last day of the Interest Period applicable thereto, including as a result of any automatic prepayment through the required application by Agent Lender of proceeds of Collections in accordance with Section 2.4(b) or for any other reason, including early termination of the term of this Agreement or acceleration of all or any portion of the Obligations pursuant to the terms hereof, each Each Borrower shall indemnify, defend, and hold Agent and the Lenders Lender and their Participants harmless against any and all Funding Losses in accordance with clause (b) above.

Appears in 1 contract

Samples: Loan and Security Agreement (SPSS Inc)

Prepayments. Borrowers Borrower may prepay LIBOR Rate Loans at any time; provided, however, that in the event that LIBOR Rate Loans are -------- ------- prepaid on any date that is not the last day of the Interest Period applicable thereto, including as a result of any automatic prepayment through the required application by Agent Lender of proceeds of Collections in accordance with Section 2.4(b) or for any other reason, including early -------------- termination of the term of this Agreement or acceleration of all or any portion of the Obligations pursuant to the terms hereof, each Borrower shall indemnify, defend, and hold Agent Lender and the Lenders and their its Participants harmless against any and all Funding Losses in accordance with clause (bb)(ii) above.

Appears in 1 contract

Samples: Loan and Security Agreement (Microstrategy Inc)

Prepayments. Borrowers may prepay LIBOR Rate Loans at any time; provided, however, that in the event that LIBOR Rate Loans are prepaid on -------- ------- any date that is not the last day of the Interest Period applicable thereto, including as a result of any automatic prepayment through the required application by Agent of proceeds of Collections in accordance with Section ------- 2.4(b) or for any other reason, including early termination of the term of this ------ Agreement or acceleration of all or any portion of the Obligations pursuant to the terms hereof, each Borrower shall indemnify, defend, and hold Agent and the Lenders and their Participants harmless against any and all Funding Losses in accordance with clause (b) above.

Appears in 1 contract

Samples: Loan and Security Agreement (Learningstar Corp)

Prepayments. Borrowers may prepay LIBOR Rate Loans at any time; providedPROVIDED, howeverHOWEVER, that in the event that LIBOR Rate Loans are prepaid on any date that is not the last day of the Interest Period applicable thereto, including as a result of any automatic prepayment through the required application by Agent Lender of proceeds of Collections in accordance with Section 2.4(bSECTION 2.4(B) or for any other reason, including early termination of the term of this Agreement or acceleration of all or any portion of the Obligations pursuant to the terms hereof, each Each Borrower shall indemnify, defend, and hold Agent and the Lenders Lender and their Participants harmless against any and all Funding Losses in accordance with clause (b) above.

Appears in 1 contract

Samples: Loan and Security Agreement (Cyrk Inc)

Prepayments. Borrowers may prepay LIBOR Rate Loans at any time; provided, however, that in the event that LIBOR Rate Loans are prepaid on any date that is not the last day of the Interest Period applicable thereto, including as a result of any automatic prepayment 44 through the required application by Agent of proceeds of Collections in accordance with Section 2.4(b) or for any other reason, including early termination of the term of this Agreement or acceleration of all or any portion of the Obligations pursuant to the terms hereof, each Borrower shall indemnify, defend, and hold Agent and the Lenders and their Participants harmless against any and all Funding Losses in accordance with clause (b) above.

Appears in 1 contract

Samples: Loan and Security Agreement (Alpine Group Inc /De/)

Prepayments. Borrowers may prepay LIBOR Rate Loans at any time; provided, however, that in the event that LIBOR Rate Loans are prepaid on any -------- ------- date that is not the last day of the Interest Period applicable thereto, including as a result of any automatic prepayment through the required application by Agent Foothill of proceeds of Collections in accordance with Section ------- 2.4(b) or for any other reason, including early termination of the term of this ------ Agreement or acceleration of all or any portion of the Obligations pursuant to the terms hereof, each Borrower shall indemnify, defend, and hold Agent and the Lenders Foothill and their Participants harmless against any and all Funding Losses in accordance with clause (b) above.

Appears in 1 contract

Samples: Loan and Security Agreement (P Com Inc)

Prepayments. Borrowers Borrower may prepay LIBOR Rate Loans at any time; ----------- provided, however, that in the event that LIBOR Rate Loans are prepaid on any -------- ------- date that is not the last day of the Interest Period applicable thereto, including as a result of any automatic prepayment through the required application by Agent Lender of proceeds of Collections in accordance with Section 2.4(b) the terms hereof or for any other reason, including early termination of the term of this Agreement or acceleration of all or any portion of the Obligations Liabilities pursuant to the terms hereof, each Borrower shall indemnify, defend, and hold Agent Lender and the Lenders and their its Participants harmless against any and all Funding Losses in accordance with clause (bb)(ii) above.

Appears in 1 contract

Samples: Loan and Security Agreement (National Home Centers Inc)

Prepayments. Borrowers may prepay LIBOR Rate Loans at any time; provided, however, that in the event that LIBOR Rate Loans are prepaid on any date that is not the last day of the Interest Period applicable thereto, including as a result of any automatic prepayment through the required application by Agent of proceeds of Collections in accordance with Section 2.4(bsubsection 2.3(c) or for any other reason, including early termination of the term of this Agreement or acceleration of all or any portion of the Obligations pursuant to the terms hereof, each Borrower shall indemnify, defend, and hold Agent and the Lenders and their Participants harmless against any and all Funding Losses in accordance with clause (b) above.

Appears in 1 contract

Samples: Loan and Security Agreement (Ultimate Electronics Inc)

Prepayments. Borrowers Borrower may prepay LIBOR Rate Loans at any time; provided, however, that in the event that LIBOR Rate Loans are prepaid on any date that is not the last day of the Interest Period applicable thereto, including as a result of any automatic prepayment through the required application by Agent of proceeds of each Credit Party's Collections in accordance with Section 2.4(b) or for any other reason, including early termination of the term of this Agreement or acceleration of all or any portion of the Obligations pursuant to the terms hereof, each Borrower shall indemnify, defend, and hold Agent and the Lenders and their Participants harmless against any and all Funding Losses in accordance with clause (bb)(ii) above.

Appears in 1 contract

Samples: Guaranty and Security Agreement (Payless Shoesource Inc /De/)

Prepayments. Borrowers may prepay LIBOR Rate Loans at any time; provided, however, that in the event that LIBOR Rate Loans are prepaid on -------- ------- any date that is not the last day of the Interest Period applicable thereto, including as a result of any automatic prepayment through the required application by Agent of proceeds of Collections in accordance with Section 2.4(b) or for any other reason, including -------------- early termination of the term of this Agreement or acceleration of all or any portion of the Obligations pursuant to the terms hereof, each Borrower shall indemnify, defend, and hold Agent and the Lenders and their Participants harmless against any and all Funding Losses in accordance with clause (b) above.

Appears in 1 contract

Samples: Loan and Security Agreement (Friede Goldman Halter Inc)

Prepayments. Borrowers Borrower may prepay LIBOR Rate Loans at any time; providedPROVIDED, howeverHOWEVER, that in the event that LIBOR Rate Loans are prepaid on any date that is not the last day of the Interest Period applicable thereto, including as a result of any automatic prepayment through the required application by Agent of proceeds of Collections in accordance with Section SECTION 2.4(b) or for any other reason, including early termination of the term of this Agreement or acceleration of all or any portion of the Obligations pursuant to the terms hereof, each Borrower shall indemnify, defend, and hold Agent and the Lenders and their Participants harmless against any and all Funding Losses in accordance with clause (b) above.

Appears in 1 contract

Samples: Loan and Security Agreement (Etoys Inc)

Prepayments. Borrowers may prepay LIBOR Rate Loans at any time; provided, however, that in the event that LIBOR Rate Loans are prepaid on any date that is not the last day of the Interest Period applicable thereto, including as a result of any automatic prepayment through the required application by Agent of proceeds of Collections in accordance with Section 2.4(b) or for any other reason, including early termination of the term of this Agreement or acceleration of all or any a portion of the Obligations pursuant to the terms hereof, each Borrower shall indemnify, defend, and hold Agent and the Lenders and their Participants harmless against any and all Funding Losses in accordance with clause (bb)(b) above.

Appears in 1 contract

Samples: Loan and Security Agreement (Us Home & Garden Inc)

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