Common use of Application of Voluntary Prepayments by Type of Loans Clause in Contracts

Application of Voluntary Prepayments by Type of Loans. Any prepayment of any Loan pursuant to Section 2.13(a) shall be applied as specified by Borrowers in the applicable notice of prepayment; provided, in the event Borrowers fail to specify the Loans to which any such prepayment shall be applied, such prepayment shall be applied as follows: first, to repay outstanding Revolving Loans to the full extent thereof; and second, to prepay Term Loans, if any, on a pro rata basis (in accordance with the respective outstanding principal amounts thereof); and further applied on a pro rata basis to reduce the scheduled remaining installments of principal of Term Loans.

Application of Voluntary Prepayments by Type of Loans. Any prepayment of any Loan pursuant to Section 2.13(a) shall be applied as specified by Borrowers in the applicable notice of prepayment; provided, in the event Borrowers fail to specify the Loans to which any such prepayment shall be applied, such prepayment shall be applied as follows: first, to repay outstanding Swing Line Loans to the full extent thereof; second, to repay outstanding Revolving Loans to the full extent thereof; and secondthird, to prepay the Term Loans, if any, on a pro rata basis (in accordance with the respective outstanding principal amounts thereof); and further applied Loans on a pro rata basis to reduce the scheduled remaining installments Installments of principal of the Term Loans.

Application of Voluntary Prepayments by Type of Loans. Any prepayment of any Loan pursuant to Section 2.13(a) shall be applied as specified by Borrowers Borrower in the applicable notice of prepayment; provided, provided that in the event Borrowers fail Borrower fails to specify the Loans to which any such prepayment shall be applied, such prepayment shall be applied as follows: first, to repay outstanding Swing Line Loans to the full extent thereof; second, to repay outstanding Revolving Loans to the full extent thereof; and secondthird, to prepay the Term Loans, if any, Loans and reduce the scheduled remaining Installments of principal of the Term Loans on a pro rata basis (in accordance with the respective outstanding principal amounts thereof); and further applied on a pro rata basis to reduce the scheduled remaining installments of principal of Term Loansbasis.

Application of Voluntary Prepayments by Type of Loans. Any prepayment of any Loan pursuant to Section 2.13(a) shall be applied to the remaining Installments of principal of the Loans as specified by Borrowers Borrower in the applicable notice of prepayment; provided, in the event Borrowers fail Borrower fails to specify the Installments of principal of the Loans to which any such prepayment shall be applied, such prepayment shall be applied as follows: first, to repay outstanding Revolving Loans to the full extent thereof; and second, to prepay Term Loans, if any, the Loans on a pro rata basis (in accordance with the respective outstanding principal amounts thereof); ) and further applied on a pro rata basis to reduce the scheduled remaining installments Installments of principal of the Tranche A Term Loans and Tranche B Term Loans.

Application of Voluntary Prepayments by Type of Loans. Any Subject to Section 2.17(h), any prepayment of any Loan pursuant to Section 2.13(a2.14(a) shall be applied as specified by Borrowers Borrower in the applicable notice of prepayment; provided, in the event Borrowers fail Borrower fails to specify the Loans to which any such prepayment shall be applied, such prepayment shall be applied as follows: first, to repay outstanding Swing Line Loans to the full extent thereof; second, to repay outstanding Revolving Loans to the full extent thereof; and secondthird, to prepay the Term Loans, if any, on a pro rata basis (in accordance with the respective outstanding principal amounts thereof); and further applied Loans on a pro rata basis to reduce the scheduled remaining installments Installments of principal of the Term Loans.