Common use of Voluntary Repayments Clause in Contracts

Voluntary Repayments. Term Loans may be repaid in whole or in part without premium or penalty; provided that (i) LIBOR Rate Loans may be repaid only upon three (3) Business Days’ prior written notice to the Administrative Agent, and Alternate Base Rate Loans may be repaid only upon giving written notice to the Administrative Agent by 11 A.M. of the day of such repayment, (ii) repayments of LIBOR Rate Loans must be accompanied by payment of any amounts owing under Section 2.12, and (iii) partial repayments of the LIBOR Rate Loans shall be in minimum principal amount of $5,000,000, and in integral multiples of $1,000,000 in excess thereof (or, if less, the remaining amount thereof) and partial repayments of Alternate Base Rate Loans shall be in minimum principal amount of $1,000,000, and in integral multiples of $500,000 in excess thereof (or, if less, the remaining amount thereof).

Appears in 1 contract

Samples: Credit Agreement (Hni Corp)

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Voluntary Repayments. Term Revolving Loans and Swingline Loans may be repaid in whole or in part without premium or penalty; provided that (i) LIBOR Rate Loans may be repaid only upon three five (35) Business Days' prior written notice to the Administrative Agent, and Alternate Base Rate Loans may be repaid only upon giving at least one (1) Business Day's prior written notice to the Administrative Agent by 11 A.M. of the day of such repaymentAgent, (ii) repayments of LIBOR Rate Loans must be accompanied by payment of any amounts owing under Section 2.122.17, and (iii) partial repayments of the LIBOR Rate Loans shall be in minimum principal amount of $5,000,0002,000,000, and in integral multiples of $1,000,000 in excess thereof (orthereof, or if less, the remaining amount thereof) , and partial repayments of Alternate Base Rate Loans shall be in a minimum principal amount of $1,000,000, and in integral multiples of $500,000 in excess thereof (orthereof, or if less, the remaining amount thereof).

Appears in 1 contract

Samples: Credit Agreement (Checkpoint Systems Inc)

Voluntary Repayments. Term Revolving Loans and Swingline Loans may be repaid in whole or in part without premium or penalty; provided that (i) LIBOR Rate Loans may be repaid only upon three (3) Business Days’ prior written notice to the Administrative Agent, and Alternate Base Rate Loans may be repaid only upon giving at least one (1) Business Day’s prior written notice to the Administrative Agent by 11 A.M. of the day of such repaymentAgent, (ii) repayments of LIBOR Rate Loans must be accompanied by payment of any amounts owing under Section 2.122.16, and (iii) partial repayments of the LIBOR Rate Loans shall be in minimum principal amount of $5,000,000, and in integral multiples of $1,000,000 in excess thereof (or, if less, the remaining amount thereof) and partial repayments of Alternate Base Rate Loans shall be in minimum principal amount of $1,000,000, 1,000,000 and in integral multiples of $500,000 in excess thereof (or, if less, the remaining amount thereof).

Appears in 1 contract

Samples: Credit Agreement (Hewitt Associates Inc)

Voluntary Repayments. Term The Loans may be repaid in whole or in part without premium or penalty; provided that (i) LIBOR Rate Loans may be repaid only upon three (3) Business Days’ prior written notice to the Administrative Agent, and Alternate Base Rate Loans may be repaid only upon giving at least one (1) Business Day’s prior written notice to the Administrative Agent by 11 A.M. of the day of such repaymentAgent, (ii) repayments of LIBOR Rate Loans must be accompanied by payment of any amounts owing under Section 2.122.14, and (iii) partial repayments of the LIBOR Rate Loans shall be in minimum principal amount of $5,000,000, and in integral multiples of $1,000,000 in excess thereof (or, if less, the remaining amount thereof) and partial repayments of Alternate Base Rate Loans shall be in minimum principal amount of $1,000,000, 1,000,000 and in integral multiples of $500,000 in excess thereof (or, if less, the remaining amount thereof).

Appears in 1 contract

Samples: Loan Agreement (Hewitt Associates Inc)

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Voluntary Repayments. Term Revolving Loans and Swingline Loans may be repaid in whole or in part without premium or penalty; provided that (i) LIBOR Rate Loans may be repaid only upon three (3) Business Days’ prior written notice to the Administrative Agent, and Alternate Base Rate Loans may be repaid only upon giving at least one (1) Business Day’s prior written notice to the Administrative Agent by 11 A.M. of the day of such repaymentAgent, (ii) repayments of LIBOR Rate Loans must be accompanied by payment of any amounts owing under Section 2.122.16, and (iii) partial repayments of the LIBOR Rate Loans shall be in minimum principal amount of $5,000,000, and in integral multiples of $1,000,000 in excess thereof (or, if less, the remaining amount thereof) and partial repayments of Alternate Base Rate Loans shall be in minimum principal amount of $1,000,000, 1,000,000 and in integral multiples of $500,000 in excess thereof (or, if less, the remaining amount thereof).

Appears in 1 contract

Samples: Credit Agreement (Hewitt Associates Inc)

Voluntary Repayments. Term Revolving Loans and Swingline Loans may be repaid in whole or in part without premium or penalty; provided that (i) LIBOR Rate Loans may be repaid only upon three (3) Business Days' prior written notice to the Administrative Agent, and Alternate Base Rate Loans may be repaid only upon giving at least one (1) Business Day's prior written notice to the Administrative Agent by 11 A.M. of the day of such repaymentAgent, (ii) repayments of LIBOR Rate Loans must be accompanied by payment of any amounts owing under Section 2.122.17, and (iii) partial repayments of the LIBOR Rate Loans shall be in minimum principal amount of $5,000,000, and in integral multiples of $1,000,000 in excess thereof (or, if less, the remaining amount thereof) and partial repayments of Alternate Base Rate Loans shall be in minimum principal amount of $1,000,000, and in integral multiples of $500,000 in excess thereof (or, if less, the remaining amount thereof).

Appears in 1 contract

Samples: Credit Agreement (Henry Jack & Associates Inc)

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