Common use of Application of Certain Mandatory Prepayments Clause in Contracts

Application of Certain Mandatory Prepayments. Any prepayments made by Borrower pursuant to Sections 1.2(b)(ii), (iii) or (iv) above shall be applied as follows: first, to Fees and reimbursable expenses of Lender then due and payable pursuant to any of the Loan Documents; second, to interest then due and payable on the Term Loan; and third, to prepay the scheduled principal installments of the Term Loan in inverse order of maturity, until such Term Loan shall have been prepaid in full.

Application of Certain Mandatory Prepayments. Any prepayments made by Borrower pursuant to Sections 1.2(b)(ii)1.3(b) above, (iiiand any prepayments from insurance or condemnation proceeds in accordance with Section 5.4(b) or (ivc) above and any Mortgages, respectively, shall be applied as follows: first, to Fees and reimbursable expenses of Lender Agent then due and payable pursuant to any of the Loan Documents; second, to interest then due and payable on the Term Loan; and third, to prepay the scheduled principal installments of the Term Loan in inverse order of maturity, until such Term Loan shall have been prepaid in full.

Application of Certain Mandatory Prepayments. Any prepayments made by Borrower pursuant to Sections 1.2(b)(ii), (iii) or (ivSection 1.3(b) above shall be applied as follows: first, to Fees and reimbursable expenses of Lender Agent then due and payable pursuant to any of the Loan Documents; second, to interest then due and payable on the Term Loan; and third, to prepay the scheduled principal installments amount of the Term Loan in inverse order of maturityLoan, until such the Term Loan shall have been prepaid in full.

Application of Certain Mandatory Prepayments. Any prepayments made by Borrower pursuant to Sections 1.2(b)(ii), (iii) b)(iii), or (ivb)(iv) above shall be applied as follows: first, to Fees and reimbursable expenses of Lender Agent then due and payable pursuant to any of the Loan Documents; second, to interest then due and payable on the Term Revolving Loan; and third, to prepay the scheduled outstanding principal installments balance of Revolving Credit Advances until the Term Loan in inverse order of maturity, until such Term Loan shall have same has been prepaid paid in full.

Application of Certain Mandatory Prepayments. Any prepayments made by any Borrower pursuant to Sections 1.2(b)(iiSection 1.3(b)(i),(ii), (iii) or (iv) above shall be applied as follows: first, to Fees and reimbursable expenses of Lender Agent then due and payable pursuant to any of the Loan Documents; second, to interest then due and payable on the Term Loan; and third, to prepay the scheduled principal installments of the Term Loan in inverse order of maturity, until such Term Loan shall have the same has been prepaid in full.