Common use of Optional Repayments Clause in Contracts

Optional Repayments. The Borrower may at any time and from time to time repay Revolving Credit Loans and Swingline Loans, in whole or in part, upon at least three (3) Business Days' irrevocable notice to the Administrative Agent with respect to LIBOR Rate Loans and one (1) Business Day's irrevocable notice with respect to Base Rate Loans and Swingline Loans, in the form attached hereto as Exhibit D (a "Notice of Prepayment"), specifying (i) the date and amount of repayment, (ii) whether the repayment is of a Revolving Credit Loan, a Swingline Loan or a combination thereof, and, if of a combination thereof, the amount allocable to each and (iii) if such Loan is a Revolving Credit Loan, whether such Loan is a LIBOR Rate Loan or a Base Rate Loan. Upon receipt of such notice, the Administrative Agent shall promptly notify each Revolving Credit Lender. If any such notice is given, the amount specified in such notice shall be due and payable on the date set forth in such notice. Partial repayments shall be in an aggregate amount of $3,000,000 or a whole multiple of $500,000 in excess thereof with respect to LIBOR Rate Loans and Base Rate Loans and $500,000 or a whole multiple of $250,000 in excess thereof with respect to Swingline Loans. Each such repayment shall be accompanied by any amount required to be paid pursuant to Section 4.16.

Appears in 2 contracts

Samples: Credit Agreement (Suburban Propane Partners Lp), Credit Agreement (Suburban Propane Partners Lp)

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Optional Repayments. The Borrower may at any time and from time to time repay the Revolving Credit Loans and and/or Swingline Loans, in whole or in part, upon at least three (3) Business Days' irrevocable notice to the Administrative Agent with respect to LIBOR Rate Loans and one (1) Business Day's Day irrevocable notice with respect to Base Rate Loans and Swingline Loans, in the form attached hereto as Exhibit D (a "Notice of Prepayment"), ) specifying (i) the date and amount of repayment, (ii) repayment and whether the repayment is of a Revolving Credit LoanLIBOR Rate Loans, a Base Rate Loans, Swingline Loan Loans or a combination thereof, and, if of a combination thereof, the amount allocable to each and (iii) if such Loan is a Revolving Credit Loan, whether such Loan is a LIBOR Rate Loan or a Base Rate Loaneach. Upon receipt of such notice, the Administrative Agent shall promptly notify each Revolving Credit Lender. If any such notice is given, the amount specified in such notice shall be due and payable on the date set forth in such notice. Partial repayments shall be in an aggregate amount of $3,000,000 1,000,000 or a whole multiple of $500,000 50,000 in excess thereof with respect to Base Rate Loans, $4,000,000 or a whole multiple of $100,000 in excess thereof with respect to LIBOR Rate Loans and Base Rate Loans and $500,000 50,000 or a whole multiple of $250,000 50,000 in excess thereof with respect to Swingline Loans. Each such repayment shall be accompanied by any amount required to be paid pursuant to Section 4.16.

Appears in 2 contracts

Samples: Credit Agreement (Veridian Corp), Credit Agreement (Veridian Corp)

Optional Repayments. The Borrower may at any time and from time to time repay Revolving Credit Loans and Swingline the Loans, in whole or in part, upon at least four (4) Business Days' irrevocable notice to the Administrative Agent with respect to LIBOR Rate Loans denominated in an Alternative Currency, upon at least three (3) Business Days' irrevocable notice to the Administrative Agent with respect to LIBOR Rate Loans denominated in Dollars and one (1) Business Day's irrevocable notice with respect to Base Rate Loans and Swingline Loans, in the form attached hereto as Exhibit D (a "Notice of PrepaymentRepayment"), specifying (i) the date and amount of repayment, (ii) repayment and whether the repayment is of a Revolving Credit LoanLIBOR Rate Loans denominated in an Alternative Currency, a Swingline Loan LIBOR Rate Loans denominated in Dollars, Base Rate Loans, or a combination thereof, and, if of a combination thereof, the amount allocable to each and (iii) if such Loan is a Revolving Credit Loan, whether such Loan is a LIBOR Rate Loan or a Base Rate Loaneach. Upon receipt of such notice, the Administrative Agent shall promptly notify each Revolving Credit Lender. If any such notice is given, the amount specified in such notice shall be due and payable on the date set forth in such notice. Partial repayments shall be in an aggregate amount of $3,000,000 2,500,000 or a whole multiple of $500,000 in excess thereof with respect to LIBOR Rate Loans and Base Rate Loans and $500,000 5,000,000 or a whole multiple of $250,000 1,000,000 in excess thereof with respect to Swingline LIBOR Rate Loans. Each such repayment ; provided, that with respect to Alternative Currency Loans, partial repayments shall be accompanied by any amount required in an Alternative Currency Amount equal to be paid pursuant to Section 4.16$2,000,000 or a whole multiple of $500,000 in excess thereof.

Appears in 1 contract

Samples: Credit Agreement (Insignia Esg Holdings Inc)

Optional Repayments. The Borrower Borrowers may at any time and from time to time repay Revolving Credit Loans and Swingline the Loans, in whole or in part, upon at least three (3) Business Days' Days irrevocable notice to the Administrative Agent with respect to LIBOR Rate Loans and one (1) same Business Day's Day irrevocable notice with respect to Base Rate Loans and Loans, including without limitation Swingline Loans, in the form attached hereto as Exhibit D C (a "Notice of Prepayment"), ) specifying (i) the date and amount of repayment, (ii) repayment and whether the repayment is of a Revolving Credit LoanLIBOR Rate Loans or Base Rate Loans, a including without limitation Swingline Loan Loans, or a combination thereof, and, if of a combination thereof, the amount allocable to each and (iii) if such Loan is a Revolving Credit Loan, whether such Loan is a LIBOR Rate Loan or a Base Rate Loaneach. Upon receipt of such notice, the Administrative Agent shall promptly notify each Revolving Credit Lender. If any such notice is given, the amount specified in such notice shall be due and payable on the date set forth in such notice. Partial repayments shall be in an aggregate amount a whole multiple of $250,000 with respect to Base Rate Loans (other than Swingline Loans), $3,000,000 or a whole multiple of $500,000 1,000,000 in excess thereof with respect to LIBOR Rate Loans and Base Rate Loans and $500,000 or a whole multiple of $250,000 100,000 in excess thereof with respect to Swingline Loans. Each such repayment with respect to any LIBOR Rate Loan shall be accompanied by any amount required to be paid pursuant to Section 4.164.9 hereof. Any repayment of the Loans will not affect the Borrowers' obligation to continue making payments as required under any Hedging Agreement.

Appears in 1 contract

Samples: Credit Agreement (Access Financial Solutions Inc)

Optional Repayments. The Borrower may at any time and from time to time repay Revolving Credit Loans and Swingline the Loans, in whole or in part, upon at least four (4) Business Days' irrevocable notice to the Administrative Agent with respect to LIBOR Rate Loans denominated in an Alternative Currency, upon at least three (3) Business Days' irrevocable notice to the Administrative Agent with respect to LIBOR Rate Loans denominated in Dollars and one (1) Business Day's irrevocable notice with respect to Base Rate Loans and Swingline Loans, in the form attached hereto as Exhibit D (a "Notice of PrepaymentRepayment"), specifying (i) the date and amount of repayment, (ii) repayment and whether the repayment is of a Revolving Credit LoanLIBOR Rate Loans denominated in an Alternative Currency, a Swingline Loan LIBOR Rate Loans denominated in Dollars, Base Rate Loans, or a combination thereof, and, if of a combination thereof, the amount allocable to each and (iii) if such Loan is a Revolving Credit Loan, whether such Loan is a LIBOR Rate Loan or a Base Rate Loaneach. Upon receipt of such notice, the Administrative Agent shall promptly notify each Revolving Credit Lender. If any such notice is given, the amount specified in such notice shall be due and payable on the date set forth in such notice. Partial repayments shall be in an aggregate amount of $3,000,000 or a whole multiple of $500,000 1,000,000 in excess thereof with respect to Base Rate Loans and $5,000,000 or a whole multiple of $1,000,000 in excess thereof with respect to LIBOR Rate Loans and Base Rate Loans and Loans; provided, that with respect to Alternative Currency Loans, partial repayments shall be in an Alternative Currency Amount equal to $500,000 2,000,000 or a whole multiple of $250,000 500,000 in excess thereof with respect to Swingline Loans. Each such repayment shall be accompanied by any amount required to be paid pursuant to Section 4.16thereof.

Appears in 1 contract

Samples: Credit Agreement (Insignia Financial Group Inc /De/)

Optional Repayments. The Borrower Borrowers may at any time and from time to time repay Revolving Credit Loans and Swingline the Loans, in whole or in part, upon at least three (3) Business Days' Days irrevocable notice to the Administrative Agent with respect to LIBOR Rate Loans and one (1) same Business Day's Day irrevocable notice with respect to Base Rate Loans and Swingline Loans, in the form attached hereto as Exhibit D (a "Notice of Prepayment"), ) specifying (i) the date and amount of repayment, (ii) repayment and whether the repayment is of a Revolving Credit LoanLIBOR Rate Loans, a Base Rate Loans, Swingline Loan Loans or a combination thereof, and, if of a combination thereof, the amount allocable to each and (iii) if such Loan is a Revolving Credit Loan, whether such Loan is a LIBOR Rate Loan or a Base Rate Loaneach. Upon receipt of such notice, the Administrative Agent shall promptly notify each Revolving Credit Lender. If any such notice is given, the amount specified in such notice shall be due and payable on the date set forth in such notice. Partial repayments shall be in an aggregate amount a whole multiple of $250,000 with respect to Base Rate Loans, $3,000,000 or a whole multiple of $500,000 1,000,000 in excess thereof with respect to LIBOR Rate Loans and Base Rate Loans and $500,000 or a whole multiple of $250,000 100,000 in excess thereof with respect to Swingline Loans. Each such repayment with respect to any LIBOR Rate Loan shall be accompanied by any amount required to be paid pursuant to Section 4.164.9 hereof. Any repayment of the Loans will not affect the Borrowers' obligation to continue making payments as required under any Hedging Agreement.

Appears in 1 contract

Samples: Credit Agreement (JLG Industries Inc)

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Optional Repayments. The Borrower Borrowers may at any time and from time to ------------------- time repay the Revolving Credit Loans and Swingline Loans, in whole or in part, upon at least three (3) Business Days' irrevocable notice to the Administrative Agent with respect to LIBOR Rate Loans and one (1) Business Day's Day irrevocable notice with respect to Base Rate Loans and Swingline Loans, in the form attached hereto as Exhibit D E (a --------- "Notice of Prepayment"), ) specifying (i) the date and amount of repayment, (ii) repayment and whether the repayment is of a Revolving Credit LoanLIBOR Rate Loans, a Base Rate Loans, Swingline Loan Loans or a combination thereof, and, if of a combination thereof, the amount allocable to each and (iii) if such Loan is a Revolving Credit Loan, whether such Loan is a LIBOR Rate Loan or a Base Rate Loaneach. Upon receipt of such notice, the Administrative Agent shall promptly notify each Revolving Credit Lender. If any such notice is given, the amount specified in such notice shall be due and payable on the date set forth in such notice. Partial repayments shall be in an aggregate amount of $3,000,000 1,000,000 or a whole multiple of $500,000 in excess thereof with respect to LIBOR Rate Loans and Base Rate Loans and Loans, $500,000 3,000,000 or a whole multiple of $250,000 1,000,000 in excess thereof with respect to LIBOR Rate Loans and $50,000 or a whole multiple thereof with respect to Swingline Loans. Each such repayment shall be accompanied by any amount required to be paid pursuant to Section 4.165.9 hereof.

Appears in 1 contract

Samples: Credit Agreement (GTS Duratek Inc)

Optional Repayments. The Borrower may at any time and from time to time repay the Revolving Credit Loans and and/or Swingline Loans, in whole or in part, upon at least three (3) Business Days' irrevocable notice to the Administrative Agent with respect to LIBOR Rate Loans and one (1) Business Day's Day irrevocable notice with respect to Base Rate Loans and Swingline Loans, in the form attached hereto as Exhibit D (a "Notice of Prepayment"), ) specifying (i) the date and amount of repayment, (ii) repayment and whether the repayment is of a Revolving Credit LoanLIBOR Rate Loans, a Base Rate Loans, Swingline Loan Loans or a combination thereof, and, if of a combination thereof, the amount allocable to each and (iii) if such Loan is a Revolving Credit Loan, whether such Loan is a LIBOR Rate Loan or a Base Rate Loaneach. Upon receipt of such notice, the Administrative Agent shall promptly notify each Revolving Credit Lender. If any such notice is given, the amount specified in such notice shall be due and payable on the date set forth in such notice. Partial repayments shall be in an aggregate amount of $3,000,000 1,000,000 or a whole multiple of $500,000 in excess thereof with respect to LIBOR Rate Loans and Base Rate Loans and Loans, $500,000 5,000,000 or a whole multiple of $250,000 1,000,000 in excess thereof with respect to LIBOR Rate Loans and $100,000 or a whole multiple of $50,000 in excess thereof with respect to Swingline Loans. Each such repayment shall be accompanied by any amount required to be paid pursuant to Section 4.16.

Appears in 1 contract

Samples: Credit Agreement (Veridian Corp)

Optional Repayments. The Borrower may at any time and from time to time repay Revolving Credit Loans and Swingline the Loans, in whole or in part, upon at least three (3) Business Days' irrevocable notice to the Administrative Agent with respect to LIBOR Rate Loans and one (1) Business Day's Day irrevocable notice with respect to Base Rate Loans and Swingline Loans, in the form attached hereto as Exhibit D (a "Notice of Prepayment"), specifying (i) the date and amount of repayment, (ii) whether the repayment is of a Revolving Credit Loan, a Swingline Loan or a combination thereof, and, if of a combination thereof, the amount allocable to each and (iii) if such Loan is a Revolving Credit Loan, whether such Loan is a LIBOR Rate Loan or a Base Rate Loan. Upon receipt of such notice, the Administrative Agent shall promptly notify each Revolving Credit Lender. If any such notice is given, the amount specified in such notice shall be due and payable on the date set forth in such notice. Partial repayments shall be in an aggregate amount of $3,000,000 or a whole multiple of $500,000 in excess thereof with respect to LIBOR Rate Loans and Base Rate Loans and $500,000 or a whole multiple of $250,000 in excess thereof with respect to Swingline Loans. Each such repayment shall be accompanied by any amount required to be paid pursuant to Section 4.16.

Appears in 1 contract

Samples: Credit Agreement (Suburban Propane Partners Lp)

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