Common use of Prepayment of Loans Clause in Contracts

Prepayment of Loans. (a) The Borrower 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 (other than payments required by Section 2.14 if prepayment is on a date other than the last day of an Interest Period), subject to the requirements of this Section.

Appears in 2 contracts

Samples: Credit Agreement (Willis Partners), Credit Agreement (Willis Group Holdings LTD)

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Prepayment of Loans. (a) The Borrower applicable Borrowers 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 (other than payments required by Section 2.14 if prepayment is on a date other than the last day of an Interest Period), subject to the requirements of this Sectionpenalty.

Appears in 2 contracts

Samples: Abl Credit Agreement (Clarios International Inc.), Abl Credit Agreement (Clarios International Inc.)

Prepayment of Loans. (a) The Borrower 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 (other than payments required by Section 2.14 if prepayment is on a date other than the last day of an Interest Period), subject to the requirements of this SectionSection 2.11 and Section 2.16.

Appears in 2 contracts

Samples: Credit Agreement (AGA Medical Holdings, Inc.), Credit Agreement (AGA Medical Holdings, Inc.)

Prepayment of Loans. (a) The Borrower 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 (other than payments required by Section 2.14 if prepayment is on a date other than the last day of an Interest Period), subject to the requirements of this Sectionprior notice in accordance with Section 2.11(c).

Appears in 2 contracts

Samples: Credit Agreement (Kinetik Holdings Inc.), Credit Agreement (Kayne Anderson Acquisition Corp)

Prepayment of Loans. (a) The Borrower 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 (other than payments required by Section 2.14 if prepayment is on a date other than the last day of an Interest Period), subject to the requirements of this Sectionprior notice in accordance with and in minimum amounts set forth in Section 2.11(b).

Appears in 2 contracts

Samples: Credit Agreement (Symantec Corp), Assignment and Assumption (Symantec Corp)

Prepayment of Loans. (a) The Borrower shall have the right at any time and from time to time to prepay any Borrowing Loan in whole or in part, without premium or penalty (other than payments required by Section 2.14 if prepayment is on a date other than the last day of an Interest Period), subject to the requirements of this SectionAgreement, including, without limitation, Section 2.11.

Appears in 2 contracts

Samples: Loan and Security Agreement (K-Sea Transportation Partners Lp), Loan and Security Agreement (K-Sea Transportation Partners Lp)

Prepayment of Loans. (a) The Borrower 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 (other than payments required by Section 2.14 if prepayment is on a date other than the last day of an Interest Period), subject to the requirements of this SectionSection 2.10(c).

Appears in 2 contracts

Samples: Pledge Agreement (Brown Tom Inc /De), Credit Agreement (Brown Tom Inc /De)

Prepayment of Loans. (a) The Borrower 3.The Borrowers 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 (other than payments required by Section 2.14 if prepayment is on a date other than the last day of an Interest Period), subject to the requirements prior notice in accordance with paragraph (d) of this Section.

Appears in 2 contracts

Samples: Credit Agreement (Graftech International LTD), Credit Agreement (Graftech International LTD)

Prepayment of Loans. (a) The Borrower shall have the right at any time and from time to time to prepay any Borrowing under either Revolving Facility in whole or in part, without premium or penalty (other than payments required by Section 2.14 if prepayment is on a date other than the last day of an Interest Period), subject to the requirements of this SectionSection 2.09.

Appears in 2 contracts

Samples: Credit Agreement (Nasdaq, Inc.), Credit Agreement (Nasdaq, Inc.)

Prepayment of Loans. (a) The Borrower 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 (other than payments required by Section 2.14 if prepayment is on a date other than the last day of an Interest Period), subject to the requirements of this SectionSection 2.11 and Section 2.16.

Appears in 1 contract

Samples: Credit Agreement (Crown Castle International Corp)

Prepayment of Loans. (a) The Borrower shall have the right at any time and from time to time to prepay any Borrowing in whole or in partpart without premium, without premium penalty or penalty (other than payments required by Section 2.14 if prepayment is on a date other than the last day of an Interest Period)fee, subject to the requirements prior notice in accordance with paragraph (f) of this SectionSection and, if applicable, payment of any break funding expenses under Section 2.14.

Appears in 1 contract

Samples: Credit Agreement (SEACOR Marine Holdings Inc.)

Prepayment of Loans. (a) The Subject to prior notice in accordance with Section 2.08(b), the Applicable Borrower 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 (other than payments required by Section 2.14 if prepayment is on a date other than the last day of an Interest Period), but subject to the requirements of this Sectionany amounts payable under Section 2.13).

Appears in 1 contract

Samples: Credit Agreement (Weatherford International PLC)

Prepayment of Loans. (a1) The Borrower 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 (other than payments required by Section 2.14 if prepayment is on a date other than the last day of an Interest Period), subject to the requirements prior notice in accordance with paragraph (g) of this Section.

Appears in 1 contract

Samples: Assignment and Assumption (Shake Shack Inc.)

Prepayment of Loans. (a) The Borrower 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 (other than payments required by Section 2.14 if prepayment is on a date other than the last day of an Interest Period), subject to the requirements of this SectionSection 2.10(b).

Appears in 1 contract

Samples: Credit Agreement (Brown Tom Inc /De)

Prepayment of Loans. (a) The 2.11.1. Borrower 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 (other than payments required by Section 2.14 if prepayment is on a date other than the last day of an Interest Period), subject to the requirements of this Sectionprior notice in accordance with Section 2.11.5.

Appears in 1 contract

Samples: Financing Agreement (Titanium Metals Corp)

Prepayment of Loans. (a) The Borrower 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 (other than payments required by Section 2.14 if prepayment is on a date other than the last day of an Interest Period), subject to the requirements of this Sectionprior notice in accordance with and in minimum amounts set forth in Section 2.11(c).

Appears in 1 contract

Samples: Assignment and Assumption (Symantec Corp)

Prepayment of Loans. (a) The a).The Borrower 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 (other than payments required by Section 2.14 if prepayment is on a date other than the last day of an Interest Period), subject to the requirements of this Section.

Appears in 1 contract

Samples: Credit Agreement (Shutterfly Inc)

Prepayment of Loans. (a) The Borrower 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 (other than payments required by Section 2.14 if prepayment is on a date other than the last day of an Interest Period), subject to the requirements of this Sectionprior notice in accordance with Section 2.08(c).

Appears in 1 contract

Samples: Credit Agreement (Basic Energy Services Inc)

Prepayment of Loans. (a) The Borrower 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 (other than payments required by Section 2.14 if prepayment is on a date other than the last day of an Interest Period), subject to the requirements of this Section.prior notice in accordance with Section 2.10(b). ---------------

Appears in 1 contract

Samples: Credit Agreement (Us Concrete Inc)

Prepayment of Loans. (a) The Borrower 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 (other than payments required by Section 2.14 if prepayment is on a date other than the last day of an Interest Period), subject to the requirements of this SectionSection 2.10(c).

Appears in 1 contract

Samples: Credit Agreement (Brown Tom Inc /De)

Prepayment of Loans. (aa)<(a) >< Optional.> The Borrower 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 (other than payments required by Section 2.14 if prepayment is on a date other than the last day of an Interest Period)penalty, subject to the requirements prior notice in accordance with paragraph (b<d >) of this Section.

Appears in 1 contract

Samples: Term Loan Agreement (Xenia Hotels & Resorts, Inc.)

Prepayment of Loans. (a) The Borrower Borrowers 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 (other than payments required by Section 2.14 if prepayment is on a date other than the last day of an Interest Period)penalty, subject to the requirements of this SectionSection and to the making of any payment required under Section 2.15.

Appears in 1 contract

Samples: Credit Agreement (Freeport McMoran Copper & Gold Inc)

Prepayment of Loans. (a) The Subject to Sections 2.09(d) and 2.14, the Borrower 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 (other than payments required by Section 2.14 if prepayment is on a date other than the last day of an Interest Period), subject to the requirements of this Section.

Appears in 1 contract

Samples: Credit Agreement (Belo Corp)

Prepayment of Loans. (a) The Borrower shall have the right at any time and from time to time to voluntarily prepay any Borrowing Loan in whole or in part, without premium or penalty (other than payments required by Section 2.14 if prepayment is on a date other than the last day of an Interest Period), subject to the requirements of this Section., provided that all voluntary prepayments of the Term Loans

Appears in 1 contract

Samples: Credit Agreement (Purina Mills Inc/)

Prepayment of Loans. (a) The Subject to prior notice in accordance with Section 2.08(b), the Borrower 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 (other than payments required by Section 2.14 if prepayment is on a date other than the last day of an Interest Period), but subject to the requirements of this Sectionany amounts payable under Section 2.13).

Appears in 1 contract

Samples: Term Loan Agreement (Weatherford International PLC)

Prepayment of Loans. (a) The Borrower 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 (other than payments required by Section 2.14 if prepayment is on a date other than the last day of an Interest Period), subject to the requirements of this Section.

Appears in 1 contract

Samples: Credit Agreement (Wki Holding Co Inc)

Prepayment of Loans. (a1) The Each Borrower 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 (other than payments required by but subject to amounts payable pursuant to Section 2.14 if prepayment is on a date other than the last day of an Interest Period)2.15, subject to the requirements prior notice in accordance with paragraph (b) of this Section.

Appears in 1 contract

Samples: Security Agreement (Deckers Outdoor Corp)

Prepayment of Loans. (a) The Subject to Sections 2.14, the Borrower 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 (other than payments required by Section 2.14 if prepayment is on a date other than the last day of an Interest Period), subject to the requirements of this Section.

Appears in 1 contract

Samples: Revolving Credit Facility Agreement (Belo Corp)

Prepayment of Loans. (a) The Borrower 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 (other than payments required by Section 2.14 if prepayment is on a date other than the last day of an Interest Period), subject to the requirements prior notice in accordance with clause (e) of this SectionSection 2.11.

Appears in 1 contract

Samples: Senior Secured Credit Agreement (Orchard Supply Hardware Stores Corp)

Prepayment of Loans. (a) The Borrower Borrowers 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 (other than payments required by Section 2.14 if prepayment is on a date other than the last day of an Interest Period), subject to prior notice in accordance with Section 2.13(d) and the requirements payment of this Sectionthe amounts required under Section 2.18.

Appears in 1 contract

Samples: Credit Agreement (Progress Rail Services, Inc.)

Prepayment of Loans. (a) The Borrower Borrowers 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 (other than payments required by Section 2.14 if prepayment is on a date other than the last day of an Interest Period), subject to the requirements Section 2.16 and prior notice in accordance with clause (b) of this SectionSection .

Appears in 1 contract

Samples: Credit Agreement (Schweitzer Mauduit International Inc)

Prepayment of Loans. (a) The Borrower 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 (other than payments required by Section 2.14 if prepayment is on a date other than the last day of an Interest Period), subject to the requirements of this Section.prior notice in

Appears in 1 contract

Samples: Credit Agreement (Pennzoil Quaker State Co)

Prepayment of Loans. (a) The Borrower 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 (other than payments required by Section 2.14 if prepayment is on a date other than the last day of an Interest Period), subject to the requirements of this Sectionpenalty.

Appears in 1 contract

Samples: Possession Credit Agreement (Invacare Corp)

Prepayment of Loans. (a) (i) The Borrower 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 (other than payments required by Section 2.14 if prepayment is on a date other than the last day of an Interest Period), subject to the requirements of this Section.

Appears in 1 contract

Samples: Credit Agreement (Pluralsight, Inc.)

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Prepayment of Loans. (a) The Borrower Borrowers 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 (other than payments required by Section 2.14 if prepayment is on a date other than the last day of an Interest Period), subject to the requirements of this Sectionprior notice in accordance with Section 2.11(e).

Appears in 1 contract

Samples: Credit Agreement (Stewart & Stevenson LLC)

Prepayment of Loans. (a) The Borrower shall have the right at any time and from time to time to prepay any Borrowing in whole or in partpart without incurring a prepayment penalty, without premium fee, or penalty other cost (other than payments required by Section 2.14 if prepayment is on a date other than the last day of an Interest Periodexcept as otherwise expressly set forth in this Agreement), subject to the requirements of prior notice in accordance with this SectionAgreement.

Appears in 1 contract

Samples: Credit Agreement

Prepayment of Loans. (a) The Borrower 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 (other than payments required by Section 2.14 if prepayment is on a date other than the last day of an Interest Period), subject to the requirements of this Section. All prepayments under this Section 2.09(a) shall be applied first to payment of the scheduled installment payments in respect of the Term Loans in their order of maturity, with the balance to be applied to the unpaid principal balance of the Bridge Loans.

Appears in 1 contract

Samples: Credit Agreement (Smith International Inc)

Prepayment of Loans. (a) The a)The Borrower 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 (other than payments required by Section 2.14 if prepayment is on a date other than the last day of an Interest Period), subject to the requirements of this Section.

Appears in 1 contract

Samples: Credit Facility Agreement (Weyerhaeuser Co)

Prepayment of Loans. (a) The Borrower 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 (other than payments required by Section 2.14 if prepayment is on a date other than the last day of an Interest Period), subject to the requirements of this Sectionprior notice in accordance with Section 2.11(d).

Appears in 1 contract

Samples: Credit Agreement (Kinetik Holdings Inc.)

Prepayment of Loans. (a) The Borrower 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 (other than payments required by Section 2.14 if prepayment is on a date other than the last day of an Interest Period), subject to prior notice in accordance with the requirements provisions of this Section.this

Appears in 1 contract

Samples: Credit Agreement (Puget Energy Inc /Wa)

Prepayment of Loans. (a) The Each Borrower 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 (other than payments required by Section 2.14 if prepayment is on a date other than the last day of an Interest Periodbut subject to Sections 2.12(e) and 2.18), subject to the requirements prior notice in accordance with paragraph (c) of this Section.

Appears in 1 contract

Samples: First Lien Credit Agreement (Continental Building Products, Inc.)

Prepayment of Loans. (a) The Borrower Borrowers 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 (other than payments required by Section 2.14 if prepayment is on a date other than the last day of an Interest Period), subject to prior notice in accordance with Section 2.11(b) hereof. In addition, and without limiting the requirements generality of this Section.the foregoing, if at any time:

Appears in 1 contract

Samples: Credit Agreement (Cornerstone Core Properties REIT, Inc.)

Prepayment of Loans. (a) The 2.8.1. Borrower 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 (other than payments required by Section 2.14 if prepayment is on a date other than the last day of an Interest Period), subject to the requirements of this Sectionprior notice in accordance with Section 2.8.5.

Appears in 1 contract

Samples: Loan and Security Agreement (Sigmatron International Inc)

Prepayment of Loans. (a) The Borrower 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 (other than payments required by Section 2.14 if prepayment is on a date other than the last day of an Interest Period), subject to the requirements of this Sectionprior notice in accordance with Section 2.09(b).

Appears in 1 contract

Samples: Credit Agreement (Reynolds American Inc)

Prepayment of Loans. (a) The Borrower 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 (other than payments required by Section 2.14 if prepayment is on a date other than the last day of an Interest Period), subject to the requirements of this Sectionprior notice in accordance with Section 2.11(b).

Appears in 1 contract

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

Prepayment of Loans. (a) The Borrower 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 (other than payments required by Section 2.14 if prepayment is on a date other than the last day of an Interest Period), subject to the requirements of this SectionSections 2.11(e) and (f).

Appears in 1 contract

Samples: Credit Agreement (Epmr Corp)

Prepayment of Loans. (a) The Each Borrower shall have the right at any time and from time to time to prepay any Borrowing selected by it in whole or in part, without penalty or premium or penalty (other than payments required by breakage costs and similar expenses, if any, due under Section 2.14 if prepayment is on a date other than the last day of an Interest Period2.15), subject to the requirements prior notice in accordance with paragraph (c) of this Section.

Appears in 1 contract

Samples: Credit Agreement (Dynamic Materials Corp)

Prepayment of Loans. (a) a. The Borrower 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 (other than payments required by Section 2.14 if prepayment is on a date other than the last day of an Interest Period), subject to the requirements of this SectionSection 2.07.

Appears in 1 contract

Samples: Possession  credit Agreement (SmileDirectClub, Inc.)

Prepayment of Loans. (a) The Subject to Section 2.15, the Borrower 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 (other than payments required by Section 2.14 if prepayment is on a date other than the last day of an Interest Period), subject to the requirements of this Section.

Appears in 1 contract

Samples: Credit Agreement (A. H. Belo CORP)

Prepayment of Loans. (a) (i) The Borrower shall have the right at any time and from time to time to prepay any Revolving Borrowing in whole or in part, without premium or penalty (other than payments required by Section 2.14 if prepayment is on a date other than the last day of an Interest Period), subject to the requirements of this Section.penalty;

Appears in 1 contract

Samples: Collateral Agreement (Skyline Champion Corp)

Prepayment of Loans. (a) The Borrower 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 (other than payments required by Section 2.14 if prepayment is on a date other than the last day of an Interest Period), subject to the requirements prior notice in accordance with paragraph (b) of this Section; and payment of any amounts required under Section 2.14.

Appears in 1 contract

Samples: Credit Agreement (Idx Systems Corp)

Prepayment of Loans. (a) The Borrower 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 (other than payments required by Section 2.14 if prepayment is on a date other than the last day of an Interest Period), subject to the requirements of this SectionSection 2.08.

Appears in 1 contract

Samples: Credit Agreement (Knowles Electronics Holdings Inc)

Prepayment of Loans. (am) The Borrower 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 (other than payments required by Section 2.14 if prepayment is on a date other than the last day of an Interest Period), subject to the requirements of this SectionSection 2.12.

Appears in 1 contract

Samples: Credit Agreement (NICE Ltd.)

Prepayment of Loans. (a) The Borrower Borrowers 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 (other than payments required by Section 2.14 if prepayment is on a date other than the last day of an Interest Period), subject to prior notice in accordance with the requirements provisions of this Section.Section 2.11

Appears in 1 contract

Samples: Credit Agreement (Hill-Rom Holdings, Inc.)

Prepayment of Loans. (a) The Borrower 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 (other than payments required by Section 2.14 if prepayment is on a date other than the last day of an Interest Period), subject to the requirements of this Section.

Appears in 1 contract

Samples: Intercreditor Agreement (Horizon Global Corp)

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