Voluntary Prepayments of Revolving Loans. The Borrower may prepay without premium or penalty (except as set forth in Section 8.1 below) and in whole or in part any Borrowing of (i) Revolving Loans that are Eurodollar Loans at any time upon at least three (3) Business Days’ prior notice by the Borrower to the Administrative Agent or (ii) Revolving Loans that are Base Rate Loans at any time upon at least one (1) Business Day’s prior notice by the Borrower to the Administrative Agent (in the case of each of clauses (i) and (ii), such notice must be in writing (or telephone notice promptly confirmed by written notice) and received by the Administrative Agent prior to 2:00 p.m. (New York time) on such date), in each case, such prepayment to be made by the payment of the principal amount to be prepaid and, in the case of any Eurodollar Loans, accrued interest thereon to the date fixed for prepayment plus any amounts due the Lenders under Section 8.1; provided, however, that the Borrower may not partially repay a Borrowing (i) if such Borrowing is of Base Rate Loans, in a principal amount less than $0.5 million, and (ii) if such Borrowing is of Eurodollar Loans, in a principal amount less than $1.0 million, except, in each case, in such lesser amount of the entire principal amount thereof then outstanding. Any such notice of prepayment may state that such notice is conditioned upon the effectiveness of other credit facilities, indentures or similar agreements or other transactions, in which case such notice may be revoked by the Borrower (by notice to the Administrative Agent on or prior to the specified effective date) if such condition is not satisfied.
Voluntary Prepayments of Revolving Loans. The Borrowers may prepay without premium or penalty (except as set forth in Section 8.1 below) and in whole or in part any Borrowing of (i) Revolving Loans that are Term Benchmark Loans at any time upon at least two (2) Business Days’ prior notice by the applicable Borrower to the Administrative Agent, (ii) Revolving Loans that are RFR Loans at any time upon at least five (5) Business Days’ prior notice by the applicable Borrower to the Administrative Agent or (iii) Revolving Loans that are Base Rate Loans at any time upon at least one (1) Business Day’s prior notice by the applicable Borrower to the Administrative Agent (in the case of each of clauses (i), (ii) and (iii), such notice must be in writing (or telephone notice promptly confirmed by written notice) and received by the Administrative Agent prior to 2:00 p.m. (New York time) on such date), in each case, such prepayment to be made by the payment of the principal amount to be prepaid and, in the case of any Term Benchmark Loans, accrued interest thereon to the date fixed for prepayment plus any amounts due the Lenders under Section 8.1; provided, however, that no Borrower may partially repay a Borrowing (i) if such Borrowing is of Base Rate Loans or RFR Loans, in a principal amount less than $0.5 million, and (ii) if such Borrowing is of Term Benchmark Loans, in a principal amount less than $1.0 million, except, in each case, in such lesser amount of the entire principal amount thereof then outstanding. Any such notice of prepayment may state that such notice is conditioned upon the effectiveness of other credit facilities, indentures or similar agreements or other transactions, in which case such notice may be revoked by a Borrower (by notice to the Administrative Agent on or prior to the specified effective date) if such condition is not satisfied.
Voluntary Prepayments of Revolving Loans. (i) The Borrower may prepay without premium or penalty (except as set forth in Section 3.6) and in whole or in part any Borrowing of (i) Revolving Loans that are Eurodollar Loans at any time upon at least three (3) Business Days’ prior notice by the Borrower to the Administrative Agent or (ii) Revolving Loans that are Base Rate Loans at any time upon at least one Business Day’s prior notice by the Borrower to the Administrative Agent (in the case of each of clauses (i) and (ii), such notice must be in writing (or telephone notice promptly confirmed by written notice) and received by the Administrative Agent prior to 2:00 p.m. (New York time) on such date), in each case, such prepayment to be made by the payment of the principal amount to be prepaid and, in the case of any Eurodollar Loans, accrued interest thereon to the date fixed for prepayment plus any amounts due the Lenders under Section 3.6; provided, however, that the Borrower may not partially repay a Borrowing (i) if such Borrowing is of Base Rate Loans, in a principal amount less than $250,000, and (ii) if such Borrowing is of Eurodollar Loans, in a principal amount less than $500,000, except, in each case, in such lesser amount of the entire principal amount thereof then outstanding; provided, further, that from the Amendment No. 4 Effective Date and until the 2023 Revolving Credit Termination Date, (i) all prepayments of Revolving Loans under this Section 2.8(b) other than prepayments in connection with a 2023 Revolving Credit Commitment Reduction shall be made on a pro rata basis between the 2023 Revolving Facility and the 2026 Revolving Facility in proportion to the respective Revolving Credit Commitments under each such Revolving Credit Facility and (ii) in connection with a 2023 Revolving Credit Commitment Reduction, the Borrower may, at its option, make prepayments of Revolving Loans under this Section 2.8(b) in proportion to the amount of such 2023 Revolving Credit Commitment Reduction in a manner that results in the 2023 Revolving Loans being reduced on a greater than pro rata basis than the 2026 Revolving Loans. Any such notice of prepayment may state that such notice is conditioned upon the effectiveness of other credit facilities, indentures or similar agreements or other transactions, in which case such notice may be revoked by the Borrower (by notice to the Administrative Agent on or prior to the specified effective date) if such condition is not satisfied.
Voluntary Prepayments of Revolving Loans. (a) The Sterling Borrower may, at its option, prepay Borrowings of Sterling Revolving Loans in Sterling in full or in amounts aggregating (pound) 500,000 or any greater integral multiple of (pound) 100,000, and the Domestic Borrower may, at its option, prepay Borrowings of Domestic Revolving Loans in full or in amounts aggregating $500,000 or any greater integral multiple of $100,000 by paying the principal amount to be prepaid together with interest accrued and unpaid thereon to the date of prepayment, and if the Domestic Borrower or the Sterling Borrower elects to prepay a Borrowing consisting of LIBOR Loans on a date other than the last day of an Interest Period applicable thereto, all compensation payments required pursuant to Section 5.16. The Domestic Borrower and Sterling Borrower may designate the Types of Loans and the specific Borrowings of Revolving Loans that are to be prepaid as part of any prepayment pursuant to this Section 5.06(a), provided that (i) if any prepayment of LIBOR Loans made pursuant to a single Borrowing of Domestic Revolving Loans shall reduce the outstanding Loans made pursuant to such Borrowing to an amount less than $500,000, such Borrowing shall immediately be converted into Base Rate Loans, (ii) if any prepayment of LIBOR Loans made pursuant to a single Borrowing of Sterling Revolving Loans shall reduce the outstanding Loans made pursuant to such Borrowing to an amount less than (pound) 500,000 such Borrowing shall immediately be converted into a Sterling Swingline Loan, and (iii) each prepayment made pursuant to a single Borrowing shall be applied pro rata among the Loans comprising such Borrowing. In the absence of a designation by the Borrower Representative, the Administrative Agent shall make such designation in its sole discretion.
Voluntary Prepayments of Revolving Loans. 46 SECTION 5.07. VOLUNTARY PREPAYMENTS OF TERM LOANS......................46 SECTION 5.08.
Voluntary Prepayments of Revolving Loans. Great Lakes may prepay the principal amount of any Revolving Loan at any time in whole or in part, without premium or penalty.
Voluntary Prepayments of Revolving Loans. Upon Requisite Notice to Administrative Agent not later than the Requisite Time therefor, Borrower may at any time and from time to time voluntarily prepay Revolving Loans in part in the Minimum Amount therefor or in full, subject to Section 3.05. Administrative Agent will promptly notify each Lender thereof and of such Lender's Pro Rata Share of such prepayment. Any prepayment of an Eurodollar Rate Loan shall be accompanied by all accrued interest thereon, together with the costs set forth in Section 3.05.
Voluntary Prepayments of Revolving Loans. (a) The Borrower may, at its option, prepay Revolving Loans in whole or in part, in amounts aggregating $1,000,000 or any greater amount in integral multiples of $100,000 (or in an amount equal to the amount necessary to repay all then outstanding Revolving Loans in full). Those Revolving Loans may be prepaid by paying the principal amount to be prepaid, together with interest accrued and unpaid thereon to the date of prepayment, and all compensation payments pursuant to Section 3.14 if such prepayment is made on a date other than the last day of an Interest Period applicable thereto. Each such optional prepayment shall be applied in accordance with Section 3.9(c).
Voluntary Prepayments of Revolving Loans. The Borrower may prepay without premium or penalty (except as set forth in Section 8.1 below) and in whole or in part any Borrowing of Revolving Loans that are Eurodollar Loans at any time upon at least 3 Business Days prior notice by the Borrower to the Administrative Agent or, in the case of a Borrowing of Revolving Loans that are Base Rate Loans, notice delivered by the Borrower to the Administrative Agent no later than 10:00 a.m. (Cincinnati time) on the date of prepayment, such prepayment to be made by the payment of the principal amount to be prepaid and, in the case of any Eurodollar Loans or Swing Loans, accrued interest thereon to the date fixed for prepayment plus any amounts due the Lenders under Section 8.1; provided, however, the Borrower may not partially repay a Borrowing (i) if such Borrowing is of Base Rate Loans, in a principal amount less than $500,000, (ii) if such Borrowing is of Eurodollar Loans, in a principal amount less than $1,000,000, and (iii) in each case, unless it is in an amount such that the minimum amount required for a Borrowing pursuant to Section 2.6 remains outstanding.
Voluntary Prepayments of Revolving Loans. (a) The Borrower may, at its option, prepay Revolving Loans in whole or in part, in amounts aggregating $1,000,000 or any greater amount in integral multiples of $100,000. Those Revolving Loans may be prepaid by paying the principal amount to be prepaid, together with interest accrued and unpaid thereon to the date of prepayment, and all compensation payments pursuant to Section 3.14 if such prepayment is made on a date other than the last day of an Interest Period applicable thereto. Each such optional prepayment shall be applied in accordance with Section 3.9(c).
