Voluntary Prepayments Commitment Reductions. (a) Prior to the Stated Maturity Date, the Borrower may, from time to time on any Business Day, make a voluntary prepayment, in whole or in part, of the outstanding principal amount of the Loans; provided, however, that:
Voluntary Prepayments Commitment Reductions. (i) Any time after the Closing Date, the Borrower may prepay any such Loans on any Business Day in whole or in part (together with any Breakage Amounts); provided, that:
Voluntary Prepayments Commitment Reductions. (a) Company may, upon written or telephonic notice to Administrative Agent on or prior to 12:00 Noon (New York City time) on the date of prepayment, which notice, if telephonic, shall be promptly confirmed in writing, at any time and from time to time prepay any Swing Line Loan on any Business Day in whole or in part in an aggregate minimum amount of $1,000,000 and integral multiples of $500,000 in excess of that amount. Company may, upon not less than one Business Day's prior written or telephonic notice, in the case of Base Rate Loans, and three Business Days' prior written or telephonic notice, in the case of Eurodollar Rate Loans, in each case given to Administrative Agent by 12:00 Noon (New York City time) on the date required and, if given by telephone, promptly confirmed in writing to Administrative Agent (which original written or telephonic notice Administrative Agent will promptly transmit by telefacsimile or telephone to each Lender), at any time and from time to time prepay any Term Loans or Revolving Loans on any Business Day in whole or in part in an aggregate minimum amount of $2,000,000 and integral multiples of $1,000,000 in excess of that amount in the case of Term Loans and $1,000,000 and integral multiples of $500,000 in excess of that amount in the case of Revolving Loans; PROVIDED, HOWEVER, that a Eurodollar Rate Loan may only be prepaid on the expiration of the Interest Period applicable thereto unless Company pays Lenders any amount required pursuant to SECTION 2.18(c) on the date of such prepayment. Notice of prepayment having been given as aforesaid, the principal amount of the Loans specified in such notice shall become due and payable on the prepayment date specified therein.
Voluntary Prepayments Commitment Reductions. The Maker shall have the right at any time, and from time to time, in its sole discretion, to (i) prepay, without premium or penalty, the obligations outstanding under this Note in whole or in part without notice to the Noteholder and/or (ii) reduce the Commitment Amount under this Note in whole or in part upon prior written notice to the Noteholder, in each case, in a minimum principal amount of Five Hundred Thousand U.S. Dollars (U.S.$500,000), with the proceeds of any such prepayment contemplated by the foregoing clause (i) to be applied in accordance with Section 2(f) below, it being expressly understood and agreed that (A) any such prepayment contemplated by the foregoing clause (i) shall not reduce the Commitment Amount and (B) any reduction of the Commitment Amount pursuant to the foregoing clause (ii) may, at the election of the Maker, be made conditional on the consummation of any transaction specified by the Maker in its notice of such reduction.
Voluntary Prepayments Commitment Reductions. 23 (b) Mandatory Prepayments; Aggregate Commitment Reduction.................................24 (i) Investment Capital Loans.....................................................24
Voluntary Prepayments Commitment Reductions. The Borrower may (x) at any time and from time to time upon not less than three (3) Business Day's prior irrevocable written notice given to the Administrative Agent, terminate or permanently reduce the unused portion of the Commitments on any Business Day or (y) at any time and from time to time prepay the Loans on any Business Day, in whole or in part, in each case in an aggregate minimum amount of $200,000,000 and integral multiples of $25,000,000 in excess of that amount or such lesser amount that may then be outstanding. Such notice of termination or reduction of the Commitment or prepayment of the Loans having been given as aforesaid shall be irrevocable and effective upon receipt by the Administrative Agent. The principal amount of the Loans specified in any notice of prepayment shall become due and payable on the prepayment date specified therein. $650,000,000 CREDIT AGREEMENT
Voluntary Prepayments Commitment Reductions. 53 Section 2.12. Mandatory Prepayments/Commitment Reductions 54 Section 2.13. Application of Prepayments/Reductions 55 Section 2.14. General Provisions Regarding Payments 55 Section 2.15. Interest Elections 56 Section 2.16. Making or Maintaining Eurodollar Rate Loans 57 Section 2.17. Increased Costs 59 Section 2.18. Taxes 61 Section 2.19. Pro Rata Treatment; Sharing of Set-offs 64 Section 2.20. Mitigation Obligations; Replacement of Lenders 65 Section 2.21. [Reserved] 66 Section 2.22. Defaulting Lenders 66 Section 2.23. Incremental Facilities 68 Section 2.24. Notices 70 Section 2.25. Additional Borrowers 70 ARTICLE 3
Voluntary Prepayments Commitment Reductions. Permitted in whole or in part, with prior written notice but without premium or penalty, subject to limitations as to minimum amounts of prepayments or commitment reductions, as applicable, and customary indemnification for breakage costs in the case of prepayment of Eurodollar Loans other than on the last day of a related interest period.
Voluntary Prepayments Commitment Reductions. 33 2.8. Mandatory Receivable Repurchases 34 2.9. Controlled Accounts 35 2.10. Application of Collections 35 2.11. General Provisions Regarding Payments 38 2.12. Making LIBOR Rate Loans 39 2.13. Increased Costs; Capital Adequacy 40 2.14. Taxes; Withholding; Payments Free of Taxes 41 2.15. Obligation to Mitigate 45 2.16. Determination of Borrowing Base 45 2.17. Cure of Borrowing Base Deficiency 45 2.18. Increases 45 2.19. Removal or Replacement of a Lender 46 SECTION 3. CONDITIONS PRECEDENT 46
Voluntary Prepayments Commitment Reductions. (a) Subject to paragraph (e) below, the Borrower shall not make any prepayments, in whole or in part and the Borrower shall not reduce or terminate the Revolving Loan Commitments at any time prior to the one (1) year anniversary of the Closing Date. Notwithstanding the foregoing, if the Facility is prepaid, in whole or in part, or the Revolving Loan Commitments are reduced or terminated either (i) by the Borrower or its Affiliates or (ii) by the Administrative Agent in accordance with Section 7 following an Event of Default caused by an intentional or willful breach of this Agreement or any other Credit Document by any Credit Party, prior to the one (1) year anniversary of the Closing Date, the Borrower shall pay (unless the Change of Ownership Make-Whole Payment is due pursuant to paragraph (g) below) the Lock-Out Make-Whole Payment to the Lenders on the date of any such prepayment, reduction or termination.
