Common use of Prepayment of Loans Clause in Contracts

Prepayment of Loans. (a) The Company shall have the right at any time and from time to time to prepay any Borrowing in whole or in part, without premium or penalty, subject to the requirements of this Section.

Appears in 9 contracts

Samples: Term Credit Agreement (Westinghouse Air Brake Technologies Corp), Revolving Credit Agreement (F5, Inc.), Revolving Credit Agreement (Marvell Technology, Inc.)

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Prepayment of Loans. (a) The Company shall have the right at any time and from time to time to prepay any Borrowing in whole or in part, without premium or penalty, subject to the requirements prior notice in accordance with subsection (b) of this Section.

Appears in 8 contracts

Samples: Credit Agreement (Sherwin Williams Co), Credit Agreement (Sherwin Williams Co), Credit Agreement (Sherwin Williams Co)

Prepayment of Loans. (a) The Company shall have the right at any time and from time to time to prepay any Borrowing in whole or in part, without premium or penalty, subject to prior notice in accordance with Section 2.11(b); provided that the requirements Company shall not have the right to prepay any Competitive Loan without the prior consent of this Sectionthe Lender thereof.

Appears in 8 contracts

Samples: Credit Agreement (Kinder Morgan Energy Partners L P), Credit Agreement (Kinder Morgan Energy Partners L P), Credit Agreement (Kinder Morgan Energy Partners L P)

Prepayment of Loans. (a) The Company shall have the right at any time and from time to time to prepay any Borrowing made by it in whole or in part, without premium or penalty, subject to the requirements prior notice in accordance with subsection (b) of this Section.

Appears in 6 contracts

Samples: Credit Agreement (Sherwin Williams Co), Five Year Credit Agreement (Sherwin Williams Co), Five Year Credit Agreement (Sherwin Williams Co)

Prepayment of Loans. (a) The Company shall have the right at any time and from time to time to prepay any Borrowing in whole or in part, without premium or penalty, subject to the requirements of this Section.

Appears in 6 contracts

Samples: Credit Agreement (Kla Corp), Credit Agreement (Kla Tencor Corp), Credit Agreement (Kla Tencor Corp)

Prepayment of Loans. (a) The Company shall have the right at any time and from time to time to prepay any Borrowing made by it in whole or in part, without premium or penalty, subject to the requirements prior notice in accordance with paragraph (b) of this Section; provided that the Company shall not have the right to prepay any Competitive Loan without the prior consent of the Lender thereof.

Appears in 4 contracts

Samples: Credit Agreement (Amerada Hess Corp), Credit Agreement (Amerada Hess Corp), Credit Agreement (Amerada Hess Corp)

Prepayment of Loans. (a) The Company shall have the right at any time and from time to time to prepay any Borrowing in whole or in part, without premium or penalty, subject to the requirements of this Sectionprior notice in accordance with Section 2.11(b).

Appears in 4 contracts

Samples: Credit Agreement (Kinder Morgan Energy Partners L P), Credit Agreement (Kinder Morgan Energy Partners L P), Credit Agreement (Kinder Morgan Bulk Terminals Inc)

Prepayment of Loans. (a) The Company shall have the right at any time and from time to time to prepay any Borrowing in whole or in part, without premium or penalty, subject to the requirements of this SectionSection 2.10.

Appears in 4 contracts

Samples: Credit Agreement (Essential Utilities, Inc.), Credit Agreement (Essential Utilities, Inc.), Credit Agreement (Essential Utilities, Inc.)

Prepayment of Loans. (a) The Company shall have the right at any time and from time to time to prepay any Borrowing in whole or in part, without premium or penalty, subject to the requirements prior notice in accordance with paragraph (c) of this Section.

Appears in 3 contracts

Samples: Term Credit Agreement (Waters Corp /De/), Credit Agreement (CSK Auto Corp), Credit Agreement (Waters Corp /De/)

Prepayment of Loans. (a) The Company shall have the right at any time and from time to time to prepay any Borrowing in whole or in part, without premium or penalty, subject to the requirements prior notice in accordance with paragraph (b) of this Section.

Appears in 3 contracts

Samples: Credit Agreement (Bristol Myers Squibb Co), Term Loan Credit Agreement (Bristol Myers Squibb Co), Term Loan Agreement (Mead Johnson Nutrition Co)

Prepayment of Loans. (a) The Company shall have the right at any time and from time to time to prepay any Borrowing Borrowing, in whole or in part, without premium or penalty, subject to the requirements of this SectionSection 2.12.

Appears in 3 contracts

Samples: Credit Agreement (Abm Industries Inc /De/), Credit Agreement (Abm Industries Inc /De/), Credit Agreement (Abm Industries Inc /De/)

Prepayment of Loans. (a) The Company shall have the right at any time and from time to time to prepay any Borrowing of the Company in whole or in part, without premium or penalty, subject to the requirements prior notice in accordance with paragraph (d) of this Section.

Appears in 3 contracts

Samples: Credit Agreement (Waters Corp /De/), Credit Agreement (Waters Corp /De/), Credit Agreement (Waters Corp /De/)

Prepayment of Loans. (a) The Company shall have the right at any time and from time to time to prepay any Borrowing in whole or in part, without premium or penalty, subject to the requirements of this Section; provided that the Company shall not have the right to prepay any Competitive Loan without the prior consent of the Lender thereof.

Appears in 2 contracts

Samples: Credit Agreement (Labone Inc/), Credit Agreement (Labone Inc/)

Prepayment of Loans. (a) The Company shall have the right at any time and from time to time to prepay any Borrowing in whole or in part, without premium or penaltypenalty (but subject to Section 2.17), subject to the requirements of this Section.

Appears in 2 contracts

Samples: Term Credit Agreement (Broadridge Financial Solutions, Inc.), Term Credit Agreement (Broadridge Financial Solutions, Inc.)

Prepayment of Loans. (a) The Company shall have the right at any time and from time to time to prepay any Borrowing in whole or in part, without premium or penalty, subject to the requirements Section 2.15 and subject to prior notice in accordance with paragraph (b) of this Section.

Appears in 2 contracts

Samples: Term Loan Agreement (Medtronic PLC), Term Loan Agreement (Medtronic PLC)

Prepayment of Loans. (a) The Company shall have the right at any time and from time to time to prepay any Borrowing in whole or in part, without premium or penalty, subject to the requirements of this Sectionprior notice in accordance with Section 2.10(b) hereof.

Appears in 2 contracts

Samples: Term Loan Agreement (Energy Transfer Partners, L.P.), Credit Agreement (Energy Transfer Partners, L.P.)

Prepayment of Loans. (a) The Company shall have the right at any time and from time to time to prepay any Borrowing in whole or in part, without premium or penalty, subject to the requirements prior notice in accordance with paragraph (d) of this SectionSection and payment of any amounts required under Section 2.13.

Appears in 2 contracts

Samples: 364 Day Credit Agreement (Kellogg Co), 364 Day Credit Agreement (Kellogg Co)

Prepayment of Loans. (a) The Company shall have the right at any time and from time to time to prepay any Borrowing in whole or in part, without premium or penalty, subject to the requirements prior notice in accordance with paragraph (b) of this Section; provided that the Company shall not have the right to prepay any Competitive Loan or Negotiated Rate Loan without the prior consent of the Lender thereof.

Appears in 2 contracts

Samples: Credit Agreement (Beam Inc), Fortune Brands Inc

Prepayment of Loans. (a) The Company shall have the right at any time and from time to time to prepay any Borrowing in whole or in part, subject to Section 3.04 (but otherwise without premium or penalty, subject to ) and the requirements of this Section.

Appears in 2 contracts

Samples: Term Loan Agreement (V F Corp), Term Loan Agreement (V F Corp)

Prepayment of Loans. (a) The Company shall have the right at any time and from time to time to prepay any Borrowing in whole or in part, without premium or penalty, subject to the requirements prior notice in accordance with paragraph (d) of this SectionSection 2.08.

Appears in 1 contract

Samples: Credit Agreement (Fortune Brands Inc)

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Prepayment of Loans. (a) The Company shall have the right at any time and from time to time to prepay any Borrowing the Loans in whole or in part, without premium or penalty, subject to the requirements of this Section.

Appears in 1 contract

Samples: Term Credit Agreement

Prepayment of Loans. (a) The Company shall have the right at any time and from time to time to prepay any Borrowing Borrowing, in whole or in part, without premium or penalty, subject to the requirements prior notice in accordance with paragraph (d) of this Section.

Appears in 1 contract

Samples: Credit Agreement (DOVER Corp)

Prepayment of Loans. (a) The Company shall have the right at any time and from time to time to prepay any Borrowing in whole or in part, without premium or penalty, subject to the requirements prior notice in accordance with paragraph (d) of this Section.

Appears in 1 contract

Samples: Credit Agreement (Pall Corp)

Prepayment of Loans. (a) The Company shall have the right at any time and from time to time to prepay any Borrowing in whole or in part, without premium or penalty, subject to the requirements prior notice in accordance with paragraph (c) of this SectionSection and payments of any amounts required under Section 2.16; provided that the Company shall not have the right to prepay any Competitive Loan without the prior consent of the Lender thereof.

Appears in 1 contract

Samples: Bridge Credit Agreement (Kellogg Co)

Prepayment of Loans. (a) The Company shall have the right at any time and from time to time to prepay any Borrowing in whole or in part, without premium or penalty, subject to the requirements prior notice in accordance with paragraph (e) of this SectionSection 2.09; provided that the Company shall not have the right to prepay any Competitive Loan or Negotiated Rate Loan without the prior consent of the Lender thereof.

Appears in 1 contract

Samples: Credit Agreement (Fortune Brands Inc)

Prepayment of Loans. (a) The Company shall have the right at any time and from time to time to prepay without premium or penalty (other than, with respect to Term SOFR Borrowings, payments that may become due under Section 2.16) any Borrowing in whole or in part, without premium or penalty, subject to the requirements of this Section.

Appears in 1 contract

Samples: Term Loan Agreement (Tyson Foods, Inc.)

Prepayment of Loans. (a) The Company shall have the right at any time and from time to time to prepay any Borrowing in whole or in part, without premium or penalty, subject to the requirements prior notice in accordance with paragraph (b) of this SectionSection and subject to Section 2.16.

Appears in 1 contract

Samples: Credit Agreement (Westlake Chemical Corp)

Prepayment of Loans. (a) The Company shall have the right at any time and from time to time to prepay any Borrowing in whole or in part, without premium or penalty, subject to the requirements of this Sectionprior notice in accordance with Section 2.11(b) thereof.

Appears in 1 contract

Samples: Credit Agreement (Energy Transfer Partners, L.P.)

Prepayment of Loans. (a) The 3.The Company shall have the right at any time and from time to time to prepay any Borrowing in whole or in part, without premium or penalty, subject to the requirements of this Section.

Appears in 1 contract

Samples: Credit Agreement (Murphy USA Inc.)

Prepayment of Loans. (a) The Company shall have the right at any time and from time to time to prepay any Borrowing of the Company in whole or in part, without premium or penalty, subject to the requirements prior notice in accordance with paragraph (c) of this Section.

Appears in 1 contract

Samples: Term Loan Agreement (Agilent Technologies, Inc.)

Prepayment of Loans. (a) The Company shall have the right at any time and from time to time to prepay without premium or penalty (other than, with respect to Term SOFR Rate Borrowings or Quoted Rate Borrowings, payments that may become due under Section 2.16) any Borrowing in whole or in part, without premium or penalty, subject to the requirements of this Section.

Appears in 1 contract

Samples: Term Loan Agreement (Tyson Foods, Inc.)

Prepayment of Loans. (a) The Company shall have the right at any time and from time to time to prepay any Borrowing of the Company in whole or in part, without premium or penalty, subject to the requirements (i) prior notice in accordance with paragraph (c) of this SectionSection and (ii) in the case of a Eurocurrency Loan, reimbursement of any breakage costs if prepayment occurs other than at the end of an Interest Period.

Appears in 1 contract

Samples: 364 Day Credit Agreement (Valspar Corp)

Prepayment of Loans. (ai) The Company shall have the right at any time and from time to time to prepay any Borrowing of the Company in whole or in part, without premium or penalty, subject to the requirements prior notice in accordance with paragraph (d) of this Section.

Appears in 1 contract

Samples: Credit Agreement (Waters Corp /De/)

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