Common use of Voluntary Prepayments of Loans Clause in Contracts

Voluntary Prepayments of Loans. (a) Borrower may, upon not less than three Business Days prior written notice to Agent (which notice Agent shall promptly transmit to Lenders in writing or by telephone, confirmed as soon as possible thereafter in writing) prepay any Loans in whole at any time, or from time to time in part in amounts of 250,000 units of the relevant currency equal to or greater than an amount the Dollar Equivalent of which is $250,000 (and, if greater, in integral multiples of 50,000 units of the relevant currency), without premium (subject to Section 3.8) or penalty; provided that at the time of any such prepayment, Borrower shall pay all interest accrued on the principal amount so prepaid. Repayments pursuant to this Section 2.5 shall be applied to such Loans as Borrower may at the time in writing direct or, if no such direction is given, as determined by Agent. All notices pursuant to this Section 2.5 shall be irrevocable and result in the principal amount of Loans specified therein becoming due and payable on the prepayment date specified therein. Subject to the terms and conditions of this Agreement, amounts prepaid under this Section 2.5 may be reborrowed.

Voluntary Prepayments of Loans. (a) Borrower Borrowers may, upon not less than three (3) Business Days prior written notice to Agent (which notice Agent shall promptly transmit to Lenders in writing or by telephone, and if by telephone, confirmed as soon as possible thereafter in writing) prepay any the Loans in whole at any time, or from time to time in part in amounts of not less than 250,000 units of the relevant currency equal to or greater than an amount of the Dollar Equivalent of which is $250,000 (and, if greater, in integral multiples of 50,000 units of the relevant currency), without premium (subject to Section 3.8) or penalty; provided that at the time of any such prepayment, Borrower Borrowers shall pay all interest accrued on the principal amount so prepaid. Repayments pursuant prepaid and all other fees and amounts (including, without limitation, the Upfront Fee and any breakage costs to this Section 2.5 shall be applied to such Loans as Borrower may at Lenders) due hereunder or under the time in writing direct or, if no such direction is given, as determined by AgentLoan Documents. All notices pursuant to this Section 2.5 2.4 shall be irrevocable and result in the principal amount of Loans specified therein becoming due and payable on the prepayment date specified therein. Subject to the terms and conditions of this Agreement, In no event may amounts prepaid under this Section 2.5 may 2.4 be reborrowed.

Voluntary Prepayments of Loans. (a) Borrower may, upon not less than three (3) Business Days prior written notice to Agent (which notice Agent shall promptly transmit to Lenders Lender in writing or by telephone, and if by telephone, confirmed as soon as possible thereafter in writing) prepay any the Loans in whole at any time, or from time to time in part in amounts of not less than 250,000 units of the relevant currency equal to or greater than an amount of the Dollar Equivalent of which is $250,000 (and, if greater, in integral multiples of 50,000 units of the relevant currency), without premium (subject to Section 3.8) or penalty; provided that at the time of any such prepayment, Borrower shall pay all interest accrued on the principal amount so prepaid. Repayments pursuant prepaid and all other fees and amounts (including, without limitation, the Upfront Fee and any breakage costs to this Section 2.5 shall be applied to such Loans as Borrower may at Lender) due hereunder or under the time in writing direct or, if no such direction is given, as determined by AgentLoan Documents. All notices pursuant to this Section 2.5 2.4 shall be irrevocable and result in the principal amount of Loans specified therein becoming due and payable on the prepayment date specified therein. Subject to the terms and conditions of this Agreement, In no event may amounts prepaid under this Section 2.5 may 2.4 be reborrowed.