Mandatory Prepayment Account. (a) The Borrower shall ensure that:
Mandatory Prepayment Account. The Borrower may elect to deposit any proceeds which are to be applied in prepayment of the Loan in accordance with this Clause 8, prior to such prepayment (and unless such proceeds are required to be transferred to the Lender to be applied directly against the Loan), in the Mandatory Prepayment Account pending such application until the end of an Interest Period.
Mandatory Prepayment Account. (a) The Mandatory Prepayment Account shall be funded as follows:
Mandatory Prepayment Account. (a) The Agent has sole signing rights in relation to the Mandatory Prepayment Account.
Mandatory Prepayment Account. On or prior to the Account Establishment Date, the Borrower shall open and establish the Mandatory Prepayment Account at the Depositary Bank. Following the opening and establishment of the Mandatory Prepayment Account, the Borrower shall at all times thereafter maintain the Mandatory Prepayment Account and cause the Mandatory Prepayment Account to be subject to a Blocked Account Control Agreement. With respect to the Mandatory Prepayment Account:
Mandatory Prepayment Account. A Lender or the Agent with which a Mandatory Prepayment Account is held acknowledges and agrees that interest shall accrue at normal commercial rates on amounts credited to those accounts and that the account holder shall be entitled to receive such interest (which shall be paid in accordance with mandates relating to such account).
Mandatory Prepayment Account. (a) On or before the date on which the Borrower enters into any Pari Passu Loan Agreement that provides for the mandatory prepayment or mandatory redemption of the applicable Secured Obligations, the Borrower shall deliver written instructions to the Securities Intermediary directing the Securities Intermediary to establish and maintain the Mandatory Prepayment Account (and any sub-accounts therein with respect to such Secured Obligations) in the Borrower's name in accordance with Section 5.01(a).
Mandatory Prepayment Account. In accordance with Section 5.06(c) of the CASA, the Borrower requests that $[ ] be withdrawn from the Mandatory Prepayment Account and transferred to the [insert name of applicable sub-account] of the Mandatory Prepayment Account for prepayment and redemption of the applicable Secured Obligation, as set forth in greater detail in Part G of the attached Schedule I.
Mandatory Prepayment Account. (a) An amount equal to any Acquisition Proceeds, Disposal Proceeds, Net Proceeds from a Flotation, Insurance Proceeds, Recovery Proceeds and an amount equal to any Excess Cashflow in respect of which the Company has made an election under paragraph (d) of Clause 11.4 (Application of mandatory prepayments) may be paid into a Mandatory Prepayment Account after such election.
Mandatory Prepayment Account. 10.9.1 If a prepayment is to be made under Clauses 10.3 to 10.7, the Company or the relevant Borrower may give the Agent notice in writing not less than 5 Business Days before the date of prepayment specifying that prepayment for the specified Loans should be made on the last day of the current Interest Period for the relevant Loan (in the case of a Term Loan) or on maturity (in the case of a Revolving Loan); such notice shall include an update of the repayment schedule set out in Clause 9.1 (REPAYMENT OF FACILITY A1 AND FACILITY A2 LOANS). If notice is not given within the required time period, prepayment shall be made at the time and in the manner set out in the foregoing provisions of this Clause 10.
