Common use of Application of Prepayments Clause in Contracts

Application of Prepayments. (a) Application of Voluntary Prepayments by Type of Loans and Order of Maturity. Any voluntary prepayments pursuant to subsection 2.4B(i) shall be applied as specified by the applicable Borrower in the applicable notice of prepayment; provided that in the event Company fails to specify the Loans of Company to which any such prepayment shall be applied, such prepayment shall be applied first to repay outstanding Swing Line Loans to the full extent thereof, second to repay outstanding Revolving Loans to the full extent thereof, and third to repay outstanding Term Loans to the full extent thereof. Any voluntary prepayment of any Borrower's Term Loans pursuant to subsection 2.4B(i) shall be applied to prepay the Tranche A Term Loans, and, in the case of Company, the Tranche B Term Loans and/or the Tranche C Term Loans in the manner specified by such Borrower and to reduce the scheduled installments of principal of the Tranche A Term Loans and, in the case of Company, the Tranche B Term Loans and/or the Tranche C Term Loans set forth in subsections 2.4A(i), 2.4A(ii) and/or 2.4A(iii), as the case may be, in such order as such Borrower shall direct.

Application of Prepayments. (a) Application of Voluntary Prepayments by Type of Loans and Order of MaturityAPPLICATION OF VOLUNTARY PREPAYMENTS BY TYPE OF LOANS AND ORDER OF MATURITY. Any voluntary prepayments pursuant to subsection 2.4B(i) shall be applied as specified by the applicable Borrower in the applicable notice of prepayment; provided PROVIDED that in the event Company Borrower fails to specify the Loans of Company Borrower to which any such prepayment shall be applied, such prepayment shall be applied first FIRST to repay outstanding Swing Line Loans to the full extent thereof, second SECOND to repay outstanding Revolving Loans to the full extent thereof, and third THIRD to repay outstanding Term Loans to the full extent thereof. Any voluntary prepayment of any Borrower's Term Loans pursuant to subsection 2.4B(i) shall be applied to prepay the Tranche A Term Loans, and, in the case of Company, Loans and the Tranche B Term Loans and/or the Tranche C Term Loans in the manner specified by such Borrower and to reduce the scheduled installments of principal of the Tranche A Term Loans and, in the case of Company, and the Tranche B Term Loans and/or the Tranche C Term Loans set forth in subsections 2.4A(i), or 2.4A(ii) and/or 2.4A(iii), as the case may be, in such order as such Borrower shall direct.

Application of Prepayments. (a) Application of Voluntary Prepayments by Type of Loans and Order of MaturityAPPLICATION OF VOLUNTARY PREPAYMENTS BY TYPE OF LOANS AND ORDER OF MATURITY. Any voluntary prepayments pursuant to subsection 2.4B(i) shall be applied to the Loans as specified by the applicable Borrower Company in the applicable notice of prepayment; provided PROVIDED that in the event Company fails to specify the Loans of Company to which any such prepayment shall be applied, such prepayment shall be applied first FIRST to repay outstanding Swing Line Loans to the full extent thereof, second to repay outstanding Revolving Loans to the full extent thereof, and third SECOND to repay outstanding Term Loans to the full extent thereof and THIRD to repay outstanding Acquisition Loans to the full extent thereof and FOURTH to repay outstanding Working Capital Loans to the full extent thereof. Any voluntary prepayment prepayments of any Borrower's the Term Loans pursuant to subsection 2.4B(i) (whether the application thereof is specified by Company or not) shall be applied to prepay the Tranche A Term Loans, and, in the case of Company, the Tranche B Term Loans and/or Loans, and the Tranche C D Term Loans on a pro rata basis (in accordance with the manner specified by such Borrower respective outstanding principal amounts thereof) and to reduce the scheduled installments of principal of the Tranche A Term Loans and, in the case of CompanyLoans, the Tranche B Term Loans and/or Loans, and the Tranche C D Term Loans set forth in subsections subsection 2.4A(i), 2.4A(ii) and/or and 2.4A(iii), as the case may be, ) in such forward order as such Borrower shall directof maturity.

Application of Prepayments. (a) Application APPLICATION OF VOLUNTARY PREPAYMENTS BY TYPE OF LOANS AND ORDER OF MATURITY. Subject to the provisions of Voluntary Prepayments by Type of Loans and Order of Maturity. Any subsection 2.4D, any voluntary prepayments pursuant to subsection 2.4B(i) shall be applied as specified by the applicable Borrower in the applicable notice of prepayment; provided PROVIDED that in the event Company if Borrower fails to specify the Loans of Company to which any such prepayment shall be applied, such prepayment shall be applied first to repay outstanding Swing Line Loans to the full extent thereof, second to repay outstanding Revolving Loans to the full extent thereof, and third FIRST to repay outstanding Term Loans to the full extent thereof, SECOND to repay outstanding Revolving Loans to the full extent thereof and permanently reduce the Revolving Loan Commitments and THIRD to cash collateralize any outstanding Letters of Credit. Any voluntary prepayment prepayments of any Borrower's the Term Loans pursuant to subsection 2.4B(i) shall be applied to prepay the Tranche A Term Loans, and, in the case of Company, Loans and the Tranche B Term Loans and/or on a pro rata basis (in accordance with the Tranche C Term Loans in the manner specified by such Borrower and respective outstanding principal amounts thereof) to reduce the scheduled installments of principal of the Tranche A Term Loans and, in the case of Company, the and Tranche B Term Loans and/or the Tranche C Term Loans set forth in subsections 2.4A(i), ) and 2.4A(ii) and/or 2.4A(iii)on a pro rata basis (in accordance with the respective outstanding principal amounts thereof) to each remaining scheduled installment of principal of the Tranche A Term Loans or the Tranche B Term Loans, as the case may be, set forth in such order as such Borrower shall directsubsection 2.4A(i) or 2.4A(ii), respectively.

Application of Prepayments. (a) Application of Voluntary Prepayments by Type of Loans and Order of MaturityAPPLICATION OF VOLUNTARY PREPAYMENTS BY TYPE OF LOANS AND ORDER OF MATURITY. Any voluntary prepayments pursuant to subsection 2.4B(i) shall be applied as specified by the applicable Borrower Company in the applicable notice of prepayment; provided PROVIDED that in the event Company fails to specify the Loans of Company to which any such prepayment shall be applied, such prepayment shall be applied first FIRST to repay outstanding Swing Line Loans to the full extent thereof, second SECOND to repay outstanding Revolving Loans to the full extent thereof, and third THIRD to repay outstanding Term Loans to the full extent thereof. Any voluntary prepayment of any Borrower's Term Loans pursuant to subsection 2.4B(i) shall be applied to prepay the Tranche A Term Loans, and, in the case of Company, the Tranche B Term Loans and/or the Tranche C Term Loans in the manner specified by such Borrower Company and to reduce the scheduled installments of principal of the Tranche A Term Loans and, in the case of CompanyLoans, the Tranche B Term Loans and/or the Tranche C Term Loans set forth in subsections 2.4A(i), 2.4A(ii) and/or 2.4A(iii), as the case may be, in such order as such Borrower Company shall direct.

Application of Prepayments. (a) Application of Voluntary Prepayments by Type of Loans and --------------------------------------------------------- Order of Maturity. Any voluntary prepayments pursuant to subsection ----------------- 2.4B(i) shall be applied as specified by the applicable Borrower Company in the applicable notice of prepayment; provided that in the event Company fails to -------- specify the Loans of Company to which any such prepayment shall be applied, such prepayment shall be applied first first, to repay outstanding Swing Line ----- Loans to the full extent thereof, second second, to repay outstanding ------ Revolving Loans to the full extent thereofthereof and third, and third to repay ----- outstanding Term Loans to the full extent thereof. Any voluntary prepayment prepayments of any Borrower's the Term Loans pursuant to subsection 2.4B(i) shall be applied to prepay the Tranche A Term Loans, and, in the case of Company, the Tranche B Term Loans and/or the and Tranche C Term Loans on a pro-rata basis (in accordance with the manner specified by such Borrower respective outstanding principal amounts thereof) and to reduce the scheduled installments of principal of the Tranche A Term Loans andLoans, in the case of Company, the Tranche B Term Loans and/or the and Tranche C Term Loans set forth in subsections 2.4A(i), 2.4A(ii) and/or 2.4A(iii), as the case may be, subsection 2.4A in such order as such Borrower shall directof maturity.

Application of Prepayments. (a) Application of Voluntary Prepayments by Type of Loans and Order of MaturityAPPLICATION OF VOLUNTARY PREPAYMENTS BY TYPE OF LOANS AND ORDER OF MATURITY. Any voluntary prepayments pursuant to subsection 2.4B(i) shall be applied as specified by the applicable Borrower in the applicable notice of prepayment; provided PROVIDED that in the event Company fails to specify the Loans of Company to which any such prepayment shall be applied, such prepayment shall be applied first FIRST to repay outstanding Swing Line Loans to the full extent thereof, second SECOND to repay outstanding Revolving Loans to the full extent thereof, and third THIRD to repay outstanding Term Loans to the full extent thereof. Any voluntary prepayment of any Borrower's Term Loans pursuant to subsection 2.4B(i) shall be applied to prepay the Tranche A Term Loans, and, in the case of Company, the Tranche B Term Loans and/or the Tranche C Term Loans in the manner specified by such Borrower and to reduce the scheduled installments of principal of the Tranche A Term Loans and, in the case of Company, the Tranche B Term Loans and/or the Tranche C Term Loans set forth in subsections 2.4A(i), 2.4A(ii) and/or 2.4A(iii2.4A(ii), as the case may be, in such order as such Borrower shall direct.

Application of Prepayments. (a) Application of Voluntary Prepayments by Type of Loans and Order of Maturity. Any voluntary prepayments pursuant to subsection 2.4B(i) shall be applied as specified by the applicable Borrower in the applicable notice of prepayment; provided that (i) each prepayment of AXELs or Additional Term Loans pursuant to this subsection 2.4B(iv) must consist of a pro rata payment of outstanding AXELs and Additional Term Loans (based upon the then outstanding principal amount of AXELs and Additional Term Loans) and (ii) in the event Company Borrower fails to specify the Loans of Company to which any such prepayment shall be applied, such prepayment shall be applied first to repay outstanding Swing Line Loans to the full extent thereof, second to repay outstanding Revolving Loans to the full extent thereof, and third to repay outstanding AXELs and Additional Term Loans on a pro rata basis (based upon the then outstanding principal amount of AXELs and Additional Term Loans) to the full extent thereof. Any voluntary prepayment prepayments of any Borrower's Term Loans the AXELs pursuant to subsection 2.4B(i) shall be applied to prepay the Tranche A Term Loans, and, in the case of Company, the Tranche B Term Loans and/or the Tranche C Term Loans in the manner specified by such Borrower and to reduce the scheduled installments of principal of the Tranche A Term Loans and, in the case of Company, the Tranche B Term Loans and/or the Tranche C Term Loans AXELs set forth in subsections 2.4A(i), 2.4A(ii) and/or 2.4A(iii), as the case may be, in such order as such Borrower shall directon a pro rata basis.

Application of Prepayments. (a) Application of Voluntary Prepayments by Type of Loans and Order of MaturityAPPLICATION OF VOLUNTARY PREPAYMENTS BY TYPE OF LOANS AND ORDER OF MATURITY. Any voluntary prepayments pursuant to subsection 2.4B(i) shall be applied to the Loans as specified by the applicable Borrower Company in the applicable notice of prepayment; provided PROVIDED that in the event Company fails to specify the Loans of Company to which any such prepayment shall be applied, such prepayment shall be applied first FIRST to repay outstanding Swing Line Loans to the full extent thereof, second to repay outstanding Revolving Loans to the full extent thereof, and third SECOND to repay outstanding Term Loans to the full extent thereof and THIRD to repay outstanding Acquisition Loans to the full extent thereof and FOURTH to repay outstanding Working Capital Loans to the full extent thereof. Any voluntary prepayment prepayments of any Borrower's the Term Loans pursuant to subsection 2.4B(i) (whether the application thereof is specified by Company or not) shall be applied to prepay the Tranche A Term Loans, and, in the case of Company, Loans and the Tranche B Term Loans and/or on a pro rata basis (in accordance with the Tranche C Term Loans in the manner specified by such Borrower respective outstanding principal amounts thereof) and to reduce the scheduled installments of principal of the Tranche A Term Loans and, in the case of Company, the and Tranche B Term Loans and/or the Tranche C Term Loans set forth in subsections subsection 2.4A(i), ) and 2.4A(ii) and/or 2.4A(iii), as the case may be, in such forward order as such Borrower shall directof maturity.

Application of Prepayments. (a) Application of Voluntary Prepayments by Type of Loans and Order of MaturityAPPLICATION OF VOLUNTARY PREPAYMENTS BY TYPE OF LOANS AND ORDER OF MATURITY. Any voluntary prepayments pursuant to subsection 2.4B(i) shall be applied as specified by the applicable Borrower Company in the applicable notice of prepayment; provided PROVIDED that in the event Company fails to specify the Loans of Company to which any such prepayment shall be applied, such prepayment shall be applied first FIRST to repay outstanding Swing Line Loans to the full extent thereof, second SECOND to repay outstanding Revolving Loans to the full extent thereof, and third THIRD to repay outstanding Term Loans to the full extent thereof. Any voluntary prepayment of any Borrower's the Term Loans pursuant to subsection 2.4B(i) shall be applied to prepay the Tranche A Term Loans, and, in the case of Company, Loans and the Tranche B Term Loans and/or the Tranche C Term Loans in the manner specified by such Borrower Company and to reduce the scheduled installments of principal of the Tranche A Term Loans and, in the case of Company, and the Tranche B Term Loans and/or the Tranche C Term Loans set forth in subsections 2.4A(i), 2.4A(ii) and/or 2.4A(iii2.4A(ii), as the case may be, in such order as such Borrower Company shall direct.

Application of Prepayments. (a) Application of Voluntary Prepayments by Type of Loans and Order of MaturityAPPLICATION OF VOLUNTARY PREPAYMENTS BY TYPE OF LOANS AND ORDER OF MATURITY. Any voluntary prepayments pursuant to subsection 2.4B(i) shall be applied to the Loans as specified by the applicable Borrower Company in the applicable notice of prepayment; provided that in the event Company fails to specify the Loans of Company to which any such prepayment shall be applied, such prepayment shall be applied first to repay outstanding Swing Line Loans to the full extent thereof, second to repay outstanding Revolving Term Loans to the full extent thereof, thereof and third to repay outstanding Term Acquisition Loans to the full extent thereof and fourth to repay outstanding Working Capital Loans to the full extent thereof. Any voluntary prepayment prepayments of any Borrower's the Term Loans pursuant to subsection 2.4B(i) (whether the application thereof is specified by Company or not) shall be applied to prepay the Tranche A Term Loans, and, in the case of Company, the Tranche B Term Loans and/or Loans, the Tranche C Term Loans and the Tranche D Term Loans on a pro rata basis (in accordance with the manner specified by such Borrower respective outstanding principal amounts thereof) and to reduce the scheduled installments of principal of the Tranche A Term Loans and, in the case of CompanyLoans, the Tranche B Term Loans and/or Loans, the Tranche C Term Loans and the Tranche D Term Loans set forth in subsections subsection 2.4A(i), 2.4A(ii) and/or 2.4A(iii), as the case may be, 2.4A(iii) and 2.4A(iv) in such forward order as such Borrower shall directof maturity.

Application of Prepayments. (a) Application of Voluntary Prepayments by Type of Loans and Order of MaturityAPPLICATION OF VOLUNTARY PREPAYMENTS BY TYPE OF LOANS AND ORDER OF MATURITY. Any voluntary prepayments pursuant to subsection 2.4B(i) shall be applied to the Loans as specified by the applicable Borrower Company in the applicable notice of prepayment; provided PROVIDED that in the event Company fails to specify the Loans of Company to which any such prepayment shall be applied, such prepayment shall be applied first FIRST to repay outstanding Swing Line Loans to the full extent thereof, second to repay outstanding Revolving Loans to the full extent thereof, and third SECOND to repay outstanding Term Loans to the full extent thereof and THIRD to repay outstanding Acquisition Loans to the full extent thereof and FOURTH to repay outstanding Working Capital Loans to the full extent thereof. Any voluntary prepayment prepayments of any Borrower's the Term Loans pursuant to subsection 2.4B(i) (whether the application thereof is specified by Company or not) shall be applied to prepay the Tranche A Term Loans, and, in the case of Company, the Tranche B Term Loans and/or and the Tranche C Term Loans on a pro rata basis (in accordance with the manner specified by such Borrower respective outstanding principal amounts thereof) and to reduce the scheduled installments of principal of the Tranche A Term Loans and, in the case of CompanyLoans, the Tranche B Term Loans and/or and the Tranche C Term Loans set forth in subsections subsection 2.4A(i), 2.4A(ii) and/or and 2.4A(iii), as the case may be, ) in such forward order as such Borrower shall directof maturity.