Common use of Application of Mandatory Prepayments Clause in Contracts

Application of Mandatory Prepayments. Except as otherwise provided in this Section 2.05(b) and Section 11.21, all amounts required to be paid pursuant to this Section 2.05(b) shall be applied as follows: with respect to all amounts prepaid pursuant to Section 2.05(b)(i)(A), first, ratably to the L/C Borrowings and the Swing Line Loans, second, to the outstanding Revolving Loans, and, third, to Cash Collateralize the remaining L/C Obligations to the extent required by Section 2.05(b)(i), and with respect to all amounts prepaid pursuant to Section 2.05(b)(i)(B), to the outstanding Supplemental Revolver Loans; and with respect to all amounts prepaid pursuant to Section 2.05(b)(iii) ratably to the outstanding Revolving Loans and the outstanding Supplemental Revolver Loans All such prepayments shall be applied first to Base Rate Loans and then to Eurodollar Rate Loans in direct order of Interest Period maturities. All prepayments under this Section 2.05(b) shall be subject to Section 3.05, but otherwise without premium or penalty, and shall be accompanied by interest on the principal amount prepaid through the date of prepayment.

Application of Mandatory Prepayments. Except as otherwise provided in this Section 2.05(b(A) and Section 11.21, all amounts required to be paid pursuant to this Section 2.05(b) shall be applied as follows: with With respect to all amounts prepaid pursuant to Section 2.05(b)(i)(A), first, ratably to the Revolving A Loans and Swing Line Loans and (after all Revolving A Loans and Swing Line Loans have been repaid) to Cash Collateralize L/C Borrowings and the Swing Line LoansObligations, second, to the outstanding Revolving Loans, and, third, to Cash Collateralize the remaining L/C Obligations to the extent required by Section 2.05(b)(i), and (B) with respect to all amounts prepaid paid pursuant to Section 2.05(b)(i)(B), ratably to the outstanding Supplemental Revolver Loans; Revolving B Loans and Dutch Swing Line Loans and (C) with respect to all amounts prepaid paid pursuant to Section 2.05(b)(iii2.05(b)(i)(C), to Revolving A Loans denominated in Alternative Currencies and (after all Revolving A Loans denominated in Alternative Currencies have been repaid) ratably to Cash Collateralize L/C Obligations denominated in Alternative Currencies. Within the outstanding Revolving Loans and parameters of the outstanding Supplemental Revolver Loans All such applications set forth above, prepayments shall be applied first to Base Rate Loans and then to Eurodollar Eurocurrency Rate Loans in direct order of Interest Period maturities. All prepayments under this Section 2.05(b) shall be subject to Section 3.05, but otherwise without premium or penalty, and shall be accompanied by interest on the principal amount prepaid through the date of prepayment.

Application of Mandatory Prepayments. Except as otherwise provided in this Section 2.05(b) and Section 11.21, all All amounts required to be paid pursuant to this Section 2.05(b2.06(b) shall be applied as follows: (A) with respect to all amounts prepaid pursuant to Section 2.05(b)(i)(A2.06(b)(i), first, ratably to the L/C Borrowings and the Swing Line Loans, second, to the outstanding Revolving LoansLoans and then (after all Revolving Loans have been repaid) to a Cash Collateral account in respect of LC Obligations, and, third, to Cash Collateralize the remaining L/C Obligations to the extent required by Section 2.05(b)(i), and (B) with respect to all amounts prepaid pursuant to Section 2.05(b)(i)(BSections 2.06(b)(ii) through (iv), (1) to the outstanding Supplemental Revolver Loans; and with respect to all amounts prepaid pursuant to Section 2.05(b)(iii) ratably to the outstanding Revolving Loans without a corresponding permanent reduction of the Revolving Commitments and (after all Revolving Loans have been repaid) to a Cash Collateral account in respect of LC Obligations. Within the outstanding Supplemental Revolver Loans All such parameters of the applications set forth above, prepayments shall be applied first to Adjusted Base Rate Loans and then to Eurodollar Rate Loans in direct order of Interest Period maturities. All prepayments under this Section 2.05(b2.06(b) shall be subject to Section 3.05, but otherwise without premium or penalty, 3.06 and shall be accompanied by accrued interest on the principal amount prepaid through to the date of prepayment.

Application of Mandatory Prepayments. Except as otherwise provided in this Section 2.05(b) and Section 11.21, all All amounts required to be paid pursuant to this Section 2.05(b3.3(b) shall be applied as follows: (A) with respect to all amounts prepaid pursuant to Section 2.05(b)(i)(A3.3(b)(i)(A), firstto Revolving Loans (without any reduction in the Revolving Committed Amount) and (after all Revolving Loans have been repaid) to a cash collateral account in respect of LOC Obligations, ratably to the L/C Borrowings and the Swing Line Loans, second, to the outstanding Revolving Loans, and, third, to Cash Collateralize the remaining L/C Obligations to the extent required by Section 2.05(b)(i), and (B) with respect to all amounts prepaid pursuant to Section 2.05(b)(i)(B3.3(b)(i)(B), to the outstanding Supplemental Revolver Loans; a cash collateral account in respect of LOC Obligations and (C) with respect to all amounts prepaid pursuant to Section 2.05(b)(iii) ratably 3.3(b)(ii), first, to the outstanding Swingline Loans, second (after all Swingline Loans have been repaid), to Revolving Loans and and, third (after all Revolving Loans have been repaid), to a cash collateral account in respect of LOC Obligations (without a corresponding permanent reduction in the outstanding Supplemental Revolver Loans All such Revolving Committed Amount in connection with any application required pursuant to this Section 3.3(b)). Within the parameters of the applications set forth above, prepayments shall be applied first to Base Rate Loans and then to Eurodollar Rate Loans subject to Section 3.3(b)(iv) in direct order of Interest Period maturities. All prepayments under this Section 2.05(b3.3(b) shall be subject to Section 3.053.12, but otherwise without premium or penalty, and shall be accompanied by interest on the principal amount prepaid through the date of prepayment.

Application of Mandatory Prepayments. Except as otherwise provided in this Section 2.05(b) and Section 11.21), all amounts required to be paid pursuant to this Section 2.05(b) shall be applied as follows: with respect to all amounts prepaid pursuant to Section 2.05(b)(i)(A2.05(b)(i), first, ratably to the L/C Borrowings and the Swing Line Loans, second, to the outstanding Revolving Loans, and, third, to Cash Collateralize the remaining L/C Obligations to the extent required by Section 2.05(b)(i), and with respect to all amounts prepaid pursuant to Section 2.05(b)(i)(B2.05(b)(iii), first, to the outstanding Supplemental Revolver LoansTerm Loan (to the remaining principal amortization payments in inverse order of maturity); and with respect to all amounts prepaid pursuant to Section 2.05(b)(iii) and, second ratably to the outstanding Revolving Loans and the outstanding Supplemental Revolver Loans Loans. All such prepayments shall be applied first to Base Rate Loans and then to Eurodollar Rate Loans in direct order of Interest Period maturities. All prepayments under this Section 2.05(b) shall be subject to Section 3.05, but otherwise without premium or penalty, and shall be accompanied by interest on the principal amount prepaid through the date of prepayment.

Application of Mandatory Prepayments. Except as otherwise provided in this Section 2.05(b) and Section 11.21, all All amounts required to be paid pursuant to this Section 2.05(b3.3(b) shall be applied as follows: (A) with respect to all amounts prepaid pursuant to Section 2.05(b)(i)(A3.3(b)(i)(A), first, ratably to the L/C Borrowings and the Swing Line Loans, second(D) or (E), to the outstanding Revolving LoansLoans and (after all Revolving Loans have been repaid) to a cash collateral account in respect of LOC Obligations, and, third, to Cash Collateralize the remaining L/C Obligations to the extent required by Section 2.05(b)(i), and (B) with respect to all amounts prepaid pursuant to Section 2.05(b)(i)(B3.3(b)(i)(B), to the outstanding Supplemental Revolver Loans; a cash collateral account in respect of LOC Obligations and (C) with respect to all amounts prepaid pursuant to Section 2.05(b)(iii) ratably 3.3(b)(i)(C), to a cash collateral account in respect of the outstanding Revolving Loans and Borrower’s Aggregate Derivative Reserve Amount obligations. Within the outstanding Supplemental Revolver Loans All such parameters of the applications set forth above, prepayments shall be applied first to Base Rate Loans and then to Eurodollar Rate Loans in direct order of Interest Period maturities. All prepayments under this Section 2.05(b3.3(b) shall be subject to Section 3.053.12, but otherwise without premium or penalty, and shall be accompanied by interest on the principal amount prepaid through the date of prepayment.”

Application of Mandatory Prepayments. Except as otherwise provided in this Section 2.05(b) and Section 11.21, all All amounts required to be paid pursuant to this Section 2.05(b) shall be applied as follows: with respect to all amounts prepaid pursuant to Section 2.05(b)(i)(A), first, ratably to the L/C Borrowings and the Swing Line Loans, second, to the outstanding Revolving Loans, and, third, except in the case of Net Cash Proceeds received from Dispositions of Mortgaged Properties which shall not be required to be applied pursuant to this clause third unless otherwise required by Section 2.06, to Cash Collateralize the remaining L/C Obligations to with the extent required Minimum Collateral Amount (such prepayments and Cash Collateralization shall be without a corresponding reduction in the Aggregate Revolving Commitments, except in respect of Dispositions of Mortgaged Properties which shall require a reduction in the Aggregate Revolving Commitments as provided by Section 2.05(b)(i2.06). Within the parameters of the applications set forth above, and with respect to all amounts prepaid pursuant to Section 2.05(b)(i)(B), to the outstanding Supplemental Revolver Loans; and with respect to all amounts prepaid pursuant to Section 2.05(b)(iii) ratably to the outstanding Revolving Loans and the outstanding Supplemental Revolver Loans All such prepayments shall be applied first to Base Rate Loans and then to Eurodollar Rate Loans in direct order of Interest Period maturities. All prepayments under this Section 2.05(b) shall be subject to Section 3.05, but otherwise without premium or penalty, and shall be accompanied by interest on the principal amount prepaid through the date of prepayment.

Application of Mandatory Prepayments. Except as otherwise provided in this Section 2.05(b) and Section 11.21, all All amounts required to be paid pursuant to this Section 2.05(b3.3(b) shall be applied as follows: (A) with respect to all amounts prepaid pursuant to Section 2.05(b)(i)(A3.3(b)(i)(A), first, ratably pro rata to the L/C Borrowings Revolving Loans and the Swing Line Loans, second, Loans and (after all Revolving Loans and Swing Line Loans have been repaid) to the outstanding Revolving Loans, and, third, to Cash Collateralize the remaining L/C a cash collateral account in respect of LOC Obligations to the extent required by Section 2.05(b)(i), and (B) with respect to all amounts prepaid pursuant to Section 2.05(b)(i)(B3.3(b)(i)(B), to the outstanding Supplemental Revolver Loans; and a cash collateral account in respect of LOC Obligations, (C) with respect to all amounts prepaid pursuant to Section 2.05(b)(iii) ratably 3.3(b)(ii), first to the outstanding Term Loan, and, after the Term Loan is paid in full, to the Revolving Loans and Swing Line Loans (with, if an Event of Default has occurred, a corresponding reduction in the outstanding Supplemental Revolver Loans All such Revolving Committed Amount) and (D) with respect to all amounts prepaid pursuant to Section 3.3(b)(iii), (iv) or (v), to the Term Loan. Within the parameters of the applications set forth above, prepayments shall be applied first to Base Rate Loans and then to Eurodollar Rate Loans in direct order of Interest Period maturities. All prepayments under this Section 2.05(b3.3(b) shall be subject to Section 3.053.12, but otherwise without premium or penalty, and shall be accompanied by interest on the principal amount prepaid through the date of prepayment.

Application of Mandatory Prepayments. Except as otherwise provided in this Section 2.05(b) and Section 11.21, all All amounts required to be paid pursuant to this Section 2.05(b3.3(b) shall be applied as follows: (A) with respect to all amounts prepaid pursuant to Section 2.05(b)(i)(A3.3(b)(i)(A) or (D), firstto Revolving Loans and (after all Revolving Loans have been repaid) to a cash collateral account in respect of LOC Obligations, ratably to the L/C Borrowings and the Swing Line Loans, second, to the outstanding Revolving Loans, and, third, to Cash Collateralize the remaining L/C Obligations to the extent required by Section 2.05(b)(i), and (B) with respect to all amounts prepaid pursuant to Section 2.05(b)(i)(B3.3(b)(i)(B), to the outstanding Supplemental Revolver Loans; a cash collateral account in respect of LOC Obligations and (C) with respect to all amounts prepaid pursuant to Section 2.05(b)(iii) ratably 3.3(b)(i)(C), to a cash collateral account in respect of the outstanding Revolving Loans and Borrower’s Aggregate Derivative Reserve Amount obligations. Within the outstanding Supplemental Revolver Loans All such parameters of the applications set forth above, prepayments shall be applied first to Base Rate Loans and then to Eurodollar Rate Loans in direct order of Interest Period maturities. All prepayments under this Section 2.05(b3.3(b) shall be subject to Section 3.053.12, but otherwise without premium or penalty, and shall be accompanied by interest on the principal amount prepaid through the date of prepayment.

Application of Mandatory Prepayments. Except as otherwise provided in this Section 2.05(b) and Section 11.21, all All amounts required to be paid pursuant to this Section 2.05(b) shall be applied as follows: (A) with respect to all amounts prepaid pursuant to Section 2.05(b)(i)(A), first, ratably to the L/C Borrowings and the Swing Line Loans, second, to the outstanding Revolving A Loans, and, third, to Cash Collateralize the remaining L/C Obligations to the extent required by Section 2.05(b)(i), and Obligations; (B) with respect to all amounts prepaid pursuant to Section 2.05(b)(i)(B), to the outstanding Supplemental Revolver Revolving B Loans; and (C) with respect to all amounts prepaid pursuant to Section 2.05(b)(iii2.05(b)(ii) or (iii), ratably to the outstanding Revolving Term Loans (in each case to the remaining principal amortization payments thereof as directed by the applicable Borrower); provided, that any Incremental Term Loan or Specified Refinancing Term Loan may participate in such mandatory prepayments pursuant to Section 2.05(b)(ii) and 2.05(b)(iii) on a pro rata or less than pro rata basis. Within the outstanding Supplemental Revolver Loans All such parameters of the applications set forth above, prepayments shall be applied first to Base Rate Loans and then to Eurodollar Eurocurrency Rate Loans in direct order of Interest Period maturities. All prepayments under this Section 2.05(b) shall be subject to Section 3.05, but otherwise without premium or penalty, and shall be accompanied by interest on the principal amount prepaid through the date of prepayment.

Application of Mandatory Prepayments. Except as otherwise provided in this Section 2.05(b) and Section 11.21, all All amounts required to be paid pursuant to this Section 2.05(b3.3(b) shall be applied as follows: (A) with respect to all amounts prepaid pursuant to Section 2.05(b)(i)(A3.3(b)(i)(A), firstto Revolving Loans and (after all Revolving Loans have been repaid) to a cash collateral account in respect of LOC Obligations, ratably to the L/C Borrowings and the Swing Line Loans, second, to the outstanding Revolving Loans, and, third, to Cash Collateralize the remaining L/C Obligations to the extent required by Section 2.05(b)(i), and (B) with respect to all amounts prepaid pursuant to Section 2.05(b)(i)(B3.3(b)(i)(B), to the outstanding Supplemental Revolver Loans; a cash collateral account in respect of LOC Obligations and (C) with respect to all amounts prepaid pursuant to Section 2.05(b)(iii3.3(b)(ii), (iii), (iv) or (v), to the Term Loan (ratably to the outstanding Revolving Loans and remaining Principal Amortization Payments thereof). Within the outstanding Supplemental Revolver Loans All such parameters of the applications set forth above, prepayments shall be applied first to Base Rate Loans and then to Eurodollar Rate Loans in direct order of Interest Period maturities. All prepayments under this Section 2.05(b3.3(b) shall be subject to Section 3.053.12, but otherwise without premium or penalty, and shall be accompanied by interest on the principal amount prepaid through the date of prepayment.