Common use of Mandatory Prepayments of Loans Clause in Contracts

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. Mandatory prepayments on the Loan Obligations will be paid by the Applicable Administrative Agent to the Lenders ratably in accordance with their respective interests therein; provided that:that mandatory prepayments in respect of the Revolving Commitments under Section 2.06(b)(i) above shall be applied to the respective Revolving Obligations as appropriate.