Common use of All Prepayments Clause in Contracts

All Prepayments. Each voluntary partial prepayment shall be in a principal amount of $2,000,000 or a higher integral multiple of $1,000,000. Any partial prepayment of a Group of LIBOR Loans shall be subject to the proviso to Section 2.2.3(a). Any prepayment of a LIBOR Loan on a day other than the last day of an Interest Period therefor shall include interest on the principal amount being repaid and shall be subject to Section 8.4. Except as otherwise provided by this Agreement, all principal payments in respect of the Loans (other than the Swing Line Loans) shall be applied first, to repay outstanding Base Rate Loans and then to repay outstanding LIBOR Rate Loans in direct order of Interest Period maturities.

Appears in 3 contracts

Samples: Credit Agreement (Aar Corp), Credit Agreement (FreightCar America, Inc.), Credit Agreement (FreightCar America, Inc.)

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All Prepayments. Each voluntary partial prepayment shall be in a principal amount of $2,000,000 5,000,000 or a higher integral multiple of $1,000,000. Any partial prepayment of a Group of LIBOR Loans shall be subject to the proviso to Section 2.2.3(a). Any prepayment of a LIBOR Loan on a day other than the last day of an Interest Period therefor shall include interest on the principal amount being repaid and shall be subject to Section 8.4. Except as otherwise provided by this Agreement, all principal payments in respect of the Loans (other than the Swing Line Loans) shall be applied first, to repay outstanding Base Rate Loans and then to repay outstanding LIBOR Rate Loans in direct order of Interest Period maturities.

Appears in 3 contracts

Samples: Credit Agreement (Primoris Services Corp), Credit Agreement, Credit Agreement (Primoris Services Corp)

All Prepayments. Each voluntary partial prepayment shall be in a principal amount of $2,000,000 100,000 or a higher integral multiple of $1,000,00010,000. Any partial prepayment of a Group of LIBOR Loans shall be subject to the proviso to Section 2.2.3(a). Any prepayment of a LIBOR Loan on a day other than the last day of an Interest Period therefor shall include interest on the principal amount being repaid and shall be subject to Section 8.4. Except as otherwise provided by this Agreement, all principal payments in respect of the Loans (other than the Swing Line Loans) shall be applied first, to repay outstanding Base Rate Loans and then to repay outstanding LIBOR Rate Loans in direct order of Interest Period maturities.

Appears in 3 contracts

Samples: Credit Agreement (Nashua Corp), Credit Agreement (Nashua Corp), Credit Agreement (Nashua Corp)

All Prepayments. Each voluntary partial prepayment shall be in a principal amount of $2,000,000 100,000 or a higher integral multiple of $1,000,00010,000. Any partial prepayment of a Group of LIBOR Loans shall be subject to the proviso to Section SECTION 2.2.3(a). Any prepayment of a LIBOR Loan on a day other than the last day of an Interest Period therefor shall include interest on the principal amount being repaid and shall be subject to Section SECTION 8.4. Except as otherwise provided by this Agreement, all principal payments in respect All prepayments of the Term Loans (other than the Swing Line Loans) shall be applied first, to repay outstanding Base Rate Loans and then to repay outstanding LIBOR Rate Loans in direct the inverse order of Interest Period maturitiesmaturity to the remaining installments thereof.

Appears in 1 contract

Samples: Credit Agreement (Nashua Corp)

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All Prepayments. Each voluntary partial prepayment shall be in a principal amount of $2,000,000 25,000 or a higher integral multiple of $1,000,00025,000. Any partial prepayment of a Group of LIBOR Loans shall be subject to the proviso to Section 2.2.3(a). Any prepayment of a LIBOR Loan on a day other than the last day of an Interest Period therefor shall include interest on the principal amount being repaid and shall be subject to Section 8.4. Except as otherwise provided by this Agreement, all principal payments in respect of the Loans (other than the Swing Line Loans) shall be applied first, to repay outstanding Base Rate Loans and then to repay outstanding LIBOR Rate Loans in direct order of Interest Period maturities.to

Appears in 1 contract

Samples: Credit Agreement (Concur Technologies Inc)

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