Swingline. Borrower may from time to time pay, without penalty or premium, all outstanding Floating Rate Advances under the Swingline, or, in the minimum amount of $100,000 or any integral multiple of $100,000 in excess thereof, any portion of the outstanding Floating Rate Advances under the Swingline with notice to the Administrative Agent and LaSalle by 10:00 a.m. (Chicago time) on the date of repayment. A Negotiated Rate Advance may not be prepaid prior to the last day of the applicable Negotiated Rate Interest Period except for a prepayment funded by a Mandatory Funding. Each prepayment pursuant to this Section shall be made together with accrued and unpaid interest to the date of such prepayment on the principal amount paid.
Appears in 2 contracts
Sources: Credit Agreement (Vectren Corp), Credit Agreement (Vectren Corp)