Mandatory Prepayments of Loans. If for any reason the Total Revolving Outstandings at any time exceed the Aggregate Revolving Commitments then in effect, the Borrower shall immediately prepay Revolving Loans and/or Swing Line Loans and/or Cash Collateralize the L/C Obligations in an aggregate amount equal to such excess; provided, however, that the Borrower shall not be required to Cash Collateralize the L/C Obligations pursuant to this Section 2.05(b)(i) unless after the prepayment in full of the Revolving Loans and Swing Line Loans the Total Revolving Outstandings exceed the Aggregate Revolving Commitments then in effect. All amounts required to be paid pursuant to this Section 2.05(b) shall be applied 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; and 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(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.
Mandatory Prepayments of Loans. If for any reason the Total Revolving Outstandings at any time exceed the Aggregate Commitments then in effect, the Borrower shall immediately prepay Loans and/or Cash Collateralize the L/C Obligations in an aggregate amount equal to such excess. Prepayments shall be applied first to Base Rate Loans and then to LIBOR Rate Loans in direct order of Interest Period maturities. All prepayments under this Section 2.04(b) and Section 2.05(a)(ii) 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.
Mandatory Prepayments of Loans. If for any reason the Total Revolving Outstandings at any time exceed the Aggregate Revolving Commitments then in effect, the Borrower shall immediately prepay Revolving Loans and/or the Swing Line Loans and/or Cash Collateralize the L/C Obligations in an aggregate amount equal to such excess; provided, however, that the Borrower shall not be required to Cash Collateralize the L/C Obligations pursuant to this Section 2.05(b) unless after the prepayment in full of the Revolving Loans and Swing Line Loans the Total Revolving Outstandings exceed the Aggregate Revolving Commitments then in effect.
Mandatory Prepayments of Loans. In the event and on each occasion that the Dollar Equivalent of the aggregate principal amount of outstanding Revolving Loans and L/C Obligations exceeds the Revolving Credit Commitment Amount then in effect, then the Borrower shall promptly prepay Revolving Loans in an aggregate amount sufficient to eliminate such excess. Immediately upon determining the need to make any such prepayment, the Borrower shall notify the Administrative Agent of such required prepayment and of the identity of the particular Revolving Loans being prepaid. If the Administrative Agent shall notify the Borrower that the Administrative Agent has determined that any prepayment is required under this Section 2.10, the Borrower shall make such prepayment no later than the second Business Day following such notice. Any mandatory prepayment of Revolving Loans pursuant hereto shall not be limited by the notice provision for prepayments set forth in Section 2.9. Each such prepayment shall be accompanied by a payment of all accrued and unpaid interest on the Loans prepaid and any applicable breakage fees and funding losses pursuant to Section 2.11.
Mandatory Prepayments of Loans. 35 2.09 Repayment.............................................................37 2.10 Interest..............................................................38 2.11 Fees..................................................................38 2.12 Computation of Fees and Interest......................................39 2.13 Payments by the Company...............................................40 2.14 Payments by the Lenders to the Administrative Agent...................41 2.15 Sharing of Payments, Etc..............................................42 2.16 Collateral Documents and Subsidiary Guaranty..........................42 ARTICLE III TAXES, YIELD PROTECTION AND ILLEGALITY.............................42
Mandatory Prepayments of Loans. Mandatory prepayments on the Loan Obligations will be paid by the Applicable Agent to the Lenders ratably in accordance with their respective interests therein; provided that:
Mandatory Prepayments of Loans. 31 2.8 Repayment........................................................................................... 31 2.9 Interest............................................................................................ 31 2.10 Fees................................................................................................ 32 (a) Arrangement, Agency Fees................................................................... 32 (b)
Mandatory Prepayments of Loans. Mandatory Commitment Reductions............. 27 (a) Asset Dispositions................................................ 27 (b) Repayment of Partnership Loans.................................... 28 (c)
Mandatory Prepayments of Loans. 30 Section 2.12. The Notes.................................................. 30 Section 2.13. Breakage Fees.............................................. 31 Section 2.14. Commitment Terminations.................................... 31 Section 2.15. Acknowledgment............................................. 32 SECTION 3. FEES AND PAYMENTS........................................................ 32 Section 3.1. Fees....................................................... 32 Section 3.2. Place and Application of Payments.......................... 34 Section 3.3. Withholding Taxes.......................................... 34 SECTION 4. CONDITIONS............................................................... 36 Section 4.1. Conditions Precedent to all Borrowings..................... 36
Mandatory Prepayments of Loans. (i) [Reserved].
