Common use of Voluntary Prepayments of Term Loans Clause in Contracts

Voluntary Prepayments of Term Loans. (i) The Borrower may, at its option, upon notice as herein provided, prepay without premium or penalty (subject to the requirements of Sections 2.8(a)(ii), 2.8(a)(iii) and 2.8(a)(iv) below and except as set forth in Section 8.1 below) at any time all, or from time to time any part of, the Term Loans, in each case, in a minimum aggregate amount of $5.0 million or such greater amount that is an integral multiple of $1.0 million or, if less, the entire principal amount thereof then outstanding. The Borrower will give the Administrative Agent written notice (or telephone notice promptly confirmed by written notice) of each optional prepayment under this Section 2.8(a) prior to 12:00 noon (New York time) at least one (1) Business Day in the case of Base Rate Loans and three (3) Business Days in the case of Eurodollar Loans prior to the date fixed for such prepayment (which notice may be revoked at the Borrower’s option). Each such notice shall specify the date of such prepayment (which shall be a Business Day), the principal amount of such Term Loans to be prepaid and the interest to be paid on the prepayment date with respect to such principal amount being repaid. Any prepayments made pursuant to this Section 2.8(a) shall be applied against the Class of Term Loans and the remaining scheduled installments of principal due in respect of such Term Loans in the manner specified by the Borrower or, if not so specified on or prior to the date of such optional prepayment, on a pro rata basis to all Classes of Term Loans in direct order of maturity and may not be reborrowed.

Voluntary Prepayments of Term Loans. (i) The Borrower may, at its option, upon notice as herein provided, prepay without premium or penalty (subject to the requirements of Sections Section 2.8(a)(ii), 2.8(a)(iii) and 2.8(a)(iv) below and except as set forth in Section 8.1 below) at any time all, or from time to time any part of, the Term Loans, in each case, in a minimum aggregate amount of $5.0 million or such greater amount that is an integral multiple of $1.0 million or, if less, the entire principal amount thereof then outstanding. The Borrower will give the Administrative Agent written notice (or telephone notice promptly confirmed by written notice) of each optional prepayment under this Section 2.8(a) 2.8 prior to 12:00 noon 1:00 p.m. (New York time) at least one (1) Business Day in the case of Base Rate Loans and three (3) Business Days in the case of Eurodollar Loans prior to the date fixed for such prepayment (which notice may be revoked at the Borrower’s option). Each such notice shall specify the date of such prepayment (which shall be a Business Day), the principal amount of such Term Loans to be prepaid and the interest to be paid on the prepayment date with respect to such principal amount being repaid. Such notice of prepayment may state that such notice is conditioned upon the effectiveness of other credit facilities, indentures or similar agreements or other transactions, in which case such notice may be revoked by the Borrower (by notice to the Administrative Agent on or prior to the specified effective date) if such condition is not satisfied. Any prepayments made pursuant to this Section 2.8(a) shall be applied against the Class of Term Loans and the remaining scheduled installments of principal due in respect of such Term Loans in the manner specified by the Borrower or, if not so specified on or prior to the date of such optional prepayment, on a pro rata basis to all Classes of Term Loans in direct order of maturity and may not be reborrowed.

Voluntary Prepayments of Term Loans. (i) The Borrower may, at its option, upon notice as herein provided, prepay without premium or penalty (subject to the requirements of Sections 2.8(a)(ii), Section 2.8(a)(iii) and 2.8(a)(iv) below and except as set forth in Section 8.1 below) at any time all, or from time to time any part of, the Term Loans, in each case, in a minimum aggregate amount of $5.0 million or such greater amount that is an integral multiple of $1.0 million or, if less, the entire principal amount thereof then outstanding. The Borrower will give the Administrative Agent written notice (or telephone notice promptly confirmed by written notice) of each optional prepayment under this Section 2.8(a) 2.8 prior to 12:00 noon 1:00 p.m. (New York time) at least one (1) Business Day in the case of Base Rate Loans and three (3) Business Days in the case of Eurodollar Loans prior to the date fixed for such prepayment (which notice may be revoked at the Borrower’s option). Each such notice shall specify the date of such prepayment (which shall be a Business Day), the principal amount of such Term Loans to be prepaid and the interest to be paid on the prepayment date with respect to such principal amount being repaid. Such notice of prepayment may state that such notice is conditioned upon the effectiveness of other credit facilities, indentures or similar agreements or other transactions, in which case such notice may be revoked by the Borrower (by notice to the Administrative Agent on or prior to the specified effective date) if such condition is not satisfied. Any prepayments made pursuant to this Section 2.8(a) shall be applied against the Class of Term Loans and the remaining scheduled installments of principal due in respect of such Term Loans in the manner specified by the Borrower or, if not so specified on or prior to the date of such optional prepayment, on a pro rata basis to all Classes of Term Loans in direct order of maturity and may not be reborrowed.

Voluntary Prepayments of Term Loans. (i) The Lead Borrower may, at its option, upon notice as herein provided, prepay without premium or penalty (subject to the requirements of Sections 2.8(a)(ii), 2.8(a)(iii) and 2.8(a)(iv) below and except as set forth in Section 8.1 below) at any time all, or from time to time any part of, the Term Loans, in each case, in a minimum aggregate amount of $5.0 million or such greater amount that is an integral multiple of $1.0 million or, if less, the entire principal amount thereof then outstanding. The Lead Borrower will give the Administrative Agent written notice (or telephone notice promptly confirmed by written notice) of each optional prepayment under this Section 2.8(a) 2.8 prior to 12:00 noon 1:00 p.m. (New York time) at least one (1) Business Day in the case of Base Rate Loans and three Loans, two (32) Business Days in the case of Eurodollar Term Benchmark Loans or five (5) Business Days in the case of RFR Loans prior to the date fixed for such prepayment (which notice may be revoked at the Lead Borrower’s option). Each such notice shall specify the date of such prepayment (which shall be a Business Day), the principal amount of such Term Loans to be prepaid and the interest to be paid on the prepayment date with respect to such principal amount being repaid. Such notice of prepayment may state that such notice is conditioned upon the effectiveness of other credit facilities, indentures or similar agreements or other transactions, in which case such notice may be revoked by the Lead Borrower (by notice to the Administrative Agent on or prior to the specified effective date) if such condition is not satisfied. Any prepayments made pursuant to this Section 2.8(a) shall be applied against the Class of Term Loans and the remaining scheduled installments of principal due in respect of such Term Loans in the manner specified by the Lead Borrower or, if not so specified on or prior to the date of such optional prepayment, on a pro rata basis to all Classes of Term Loans in direct order of maturity and may not be reborrowed.

Voluntary Prepayments of Term Loans. (i) The Borrower Representative may, at its option, upon notice as herein provided, prepay without premium or penalty (subject to the requirements of Sections 2.8(a)(ii)Administrative Agent pursuant to a Prepayment Notice, 2.8(a)(iii) and 2.8(a)(iv) below and except as set forth in Section 8.1 below) at any time all, or from time to time voluntarily prepay Term Loans in whole or in part; provided that (i) the Revolving Credit Facility shall have been terminated in full, (ii) the Borrowers shall pay each Term Loan Lender its Applicable Percentage of the Early Termination Fee on the amount prepaid concurrently with such prepayment, (iii) such notice must be received by the Administrative Agent not later than 2:00 p.m. Eastern time (11:00 am Pacific time) three (3) Business Days prior to any part of, the such date of prepayment and (iv) any prepayment of Term Loans, in each case, Loans shall be in a minimum aggregate principal amount of $5.0 million 1,000,000 or such greater amount that is an integral a whole multiple of $1.0 million 1,000,000 in excess thereof; or, if less, the entire principal amount thereof then outstanding. The Borrower will give the Administrative Agent written notice (or telephone notice promptly confirmed by written notice) of each optional prepayment under this Section 2.8(a) prior to 12:00 noon (New York time) at least one (1) Business Day in the case of Base Rate Loans and three (3) Business Days in the case of Eurodollar Loans prior to the date fixed for such prepayment (which notice may be revoked at the Borrower’s option). Each such notice shall specify the date and amount of such prepayment (which shall of the Term Loans to be a Business Day)prepaid. The Administrative Agent will promptly notify each Term Loan Lender of its receipt of each such notice, and of the principal amount of such Term Loans to be prepaid and the interest to be paid on the prepayment date with respect to such principal amount being repaid. Any prepayments made pursuant to this Section 2.8(a) shall be applied against the Class of Term Loans and the remaining scheduled installments of principal due in respect Loan Lender’s Applicable Percentage of such Term Loans in the manner specified prepayment. If such notice is given by the Borrower orRepresentative, if not so the Borrowers shall make such prepayment and the payment amount specified in such notice shall be due and payable on or prior to the date specified therein; provided that if such notice indicates that a prepayment in full of such optional prepayment, on a pro rata basis to all Classes of the Term Loans in direct order is to be funded with the proceeds of maturity a refinancing of all Obligations, such notice may be revoked if such refinancing is not consummated or shall otherwise be delayed and may such prepayment amount shall not be reborroweddue and payable. Any prepayment of a Loan shall be accompanied by all accrued interest on the amount prepaid, together with any additional amounts required pursuant to Section 3.05.

Voluntary Prepayments of Term Loans. (i) The Borrower Representative may, at its option, upon notice as herein provided, prepay without premium or penalty (subject to the requirements of Sections 2.8(a)(ii)Administrative Agent pursuant to a Prepayment Notice, 2.8(a)(iii) and 2.8(a)(iv) below and except as set forth in Section 8.1 below) at any time all, or from time to time voluntarily prepay Term Loans in whole or in part; provided that (i) the Borrowers shall pay each Term Lender its Applicable Percentage of the Early Termination Fee, if applicable, on the amount prepaid concurrently with such prepayment, (ii) such notice must be received by the Administrative Agent not later than 2:00 p.m. Eastern time three (3) Business Days prior to any part of, the such date of prepayment and (iii) any prepayment of Term Loans, in each case, Loans shall be in a minimum aggregate principal amount of $5.0 million 500,000 or such greater amount that is an integral a whole multiple of $1.0 million 500,000 in excess thereof; or, if lessless or not a whole multiple of $500,000, the entire principal amount thereof then outstanding. The Borrower will give the Administrative Agent written notice (or telephone notice promptly confirmed by written notice) of each optional prepayment under this Section 2.8(a) prior to 12:00 noon (New York time) at least one (1) Business Day in the case of Base Rate Loans and three (3) Business Days in the case of Eurodollar Loans prior to the date fixed for such prepayment (which notice may be revoked at the Borrower’s option). Each such notice shall specify the date and amount of such prepayment (which shall of the Term Loans to be a Business Day)prepaid. The Administrative Agent will promptly notify each Term Lender of its receipt of each such notice, and of the principal amount of such Term Loans to be prepaid Lender's Applicable Percentage of such prepayment. If such notice is given by the Borrower Representative, the Borrowers shall make such prepayment and the interest to payment amount specified in such notice shall be paid due and payable on the prepayment date with respect to such principal amount being repaidspecified therein. Any prepayments made prepayment of the Term Loans pursuant to this Section 2.8(a2.02(a) shall be applied against ratably to the Class of Term Loans and the remaining scheduled installments of principal due in respect of such Term Loans included in the manner specified prepaid borrowing in such order of application as directed by the Borrower or, if not so specified and shall be accompanied by all accrued interest on or prior to the date of such optional prepayment, on a pro rata basis to all Classes of Term Loans in direct order of maturity and may not be reborrowedamount prepaid.

Voluntary Prepayments of Term Loans. (i) The Borrower may, at its option, upon notice as herein provided, prepay without premium or penalty (subject to the requirements of Sections Section 2.8(a)(ii), 2.8(a)(iii) and 2.8(a)(iv) below and except as set forth in Section 8.1 below) at any time all, or from time to time any part of, the Term Loans, in each case, in a minimum aggregate amount of $5.0 million or such greater amount that is an integral multiple of $1.0 million or, if less, the entire principal amount thereof then outstanding. The Borrower will give the Administrative Agent written notice (or telephone notice promptly confirmed by written notice) of each optional prepayment under this Section 2.8(a) prior to 12:00 noon (New York time) at least one (1) Business Day in the case of Base Rate Loans and three (3) Business Days in the case of Eurodollar Loans prior to the date fixed for such prepayment (which notice may be revoked at the Borrower’s option). Each such notice shall specify the date of such prepayment (which shall be a Business Day), the principal amount of such Term Loans to be prepaid and the interest to be paid on the prepayment date with respect to such principal amount being repaid. Any prepayments made pursuant to this Section 2.8(a) shall be applied against the Class of Term Loans and the remaining scheduled installments of principal due in respect of such Term Loans in the manner specified by the Borrower or, if not so specified on or prior to the date of such optional prepayment, on a pro rata basis to all Classes of Term Loans in direct order of maturity and may not be reborrowed.

Voluntary Prepayments of Term Loans. (i) The Borrower may, at its option, upon notice as herein provided, prepay without premium or penalty (subject to the requirements of Sections 2.8(a)(ii), 2.8(a)(iii) and 2.8(a)(iv) below and except as set forth in Section 8.1 below) at any time all, or from time to time any part of, the Term Loans, in each case, in a minimum aggregate amount of $5.0 million or such greater amount that is an integral multiple of $1.0 million or, if less, the entire principal amount thereof then outstanding. The Borrower will give the Administrative Agent written notice (or telephone notice promptly confirmed by written notice) of each optional prepayment under this Section 2.8(a) 2.8 prior to 12:00 noon 1:00 p.m. (New York time) at least one (1) Business Day in the case of Base Rate Loans and three or two (32) Business Days in the case of Eurodollar Term Benchmark Loans prior to the date fixed for such prepayment (which notice may be revoked at the Borrower’s option). Each such notice shall specify the date of such prepayment (which shall be a Business Day), the principal amount of such Term Loans to be prepaid and the interest to be paid on the prepayment date with respect to such principal amount being repaid. Such notice of prepayment may state that such notice is conditioned upon the effectiveness of other credit facilities, indentures or similar agreements or other transactions, in which case such notice may be revoked by the Borrower (by notice to the Administrative Agent on or prior to the specified effective date) if such condition is not satisfied. Any prepayments made pursuant to this Section 2.8(a) shall be applied against the Class of Term Loans and the remaining scheduled installments of principal due in respect of such Term Loans in the manner specified by the Borrower or, if not so specified on or prior to the date of such optional prepayment, on a pro rata basis to all Classes of Term Loans in direct order of maturity and may not be reborrowed.

Voluntary Prepayments of Term Loans. (i) The Lead Borrower may, at its option, upon notice as herein provided, prepay without premium or penalty (subject to the requirements of Sections 2.8(a)(ii), 2.8(a)(iii) and 2.8(a)(iv) below and except as set forth in Section 8.1 below) at any time all, or from time to time any part of, the Term Loans, in each case, in a minimum aggregate amount of $5.0 million or such greater amount that is an integral multiple of $1.0 million or, if less, the entire principal amount thereof then outstanding. The Lead Borrower will give the Administrative Agent written notice (or telephone notice promptly confirmed by written notice) of each optional prepayment under this Section 2.8(a) 2.8 prior to 12:00 noon 1:00 p.m. (New York time) at least one (1) Business Day in the case of Base Rate Loans and three Loans, two (32) Business Days in the case of Eurodollar Term Benchmark Loans or five (5) Business Days in the case of RFR Loans prior to the date fixed for such prepayment (which notice may be revoked at the Lead Borrower’s option). Each such notice shall specify the date of such prepayment (which shall be a Business Day), the principal amount of such Term Loans to be prepaid and the interest to be paid on the prepayment date with respect to such principal amount being repaid. Such notice of prepayment may state that such notice is conditioned upon the effectiveness of other credit facilities, indentures or similar agreements or other transactions, in which case such notice may be revoked by the Lead Borrower (by notice to the Administrative Agent on or prior to the specified effective date) if such condition is not satisfied. Any prepayments made pursuant to this Section 2.8(a) shall be applied against the Class of Term Loans and the remaining scheduled installments of principal due in respect of such Term Loans in the manner specified by the Lead Borrower or, if not so specified on or prior to the date of such optional prepayment, on a pro rata basis to all Classes of Term Loans in direct order of maturity and may not be reborrowed. [Reserved].

Voluntary Prepayments of Term Loans. (i) The Borrower may, at its option, upon notice as herein provided, prepay without premium or penalty (subject to the requirements of Sections 2.8(a)(ii), 2.8(a)(iii) and 2.8(a)(iv) below and except as set forth in Section 8.1 below) at any time all, or from time to time any part of, the Term Loans, in each case, Loans in a minimum aggregate amount of $5.0 million or such greater amount that is an integral multiple of $1.0 million or, if less, the entire principal amount thereof then outstanding. The amount of each such optional prepayment shall be applied as directed by the Borrower. The Borrower will give the Administrative Agent written notice (or telephone notice promptly confirmed by written notice) of each optional prepayment under this Section 2.8(a) prior to 12:00 noon (New York time) at least one (1) Business Day in the case of Base Rate Loans and three (3) Business Days in the case of Eurodollar Loans prior to the date fixed for such prepayment (which notice may be revoked at the Borrower’s option). Each such notice shall specify the date of such prepayment (which shall be a Business Day), the principal amount of such Term Loans to be prepaid and the interest to be paid on the prepayment date with respect to such principal amount being repaid. Any prepayments made pursuant to this Section 2.8(a) shall be applied against the Class of Term Loans and the remaining scheduled installments of principal due in respect of such Term Loans in the manner specified by the Borrower or, if not so specified on or prior to the date of such optional prepayment, on a pro rata basis to all Classes of Term Loans in direct order of maturity and may not be reborrowed.

Voluntary Prepayments of Term Loans. (i) The Borrower Representative may, at its option, upon notice as herein provided, prepay without premium or penalty (subject to the requirements of Sections 2.8(a)(ii)Administrative Agent pursuant to a Prepayment Notice, 2.8(a)(iii) and 2.8(a)(iv) below and except as set forth in Section 8.1 below) at any time all, or from time to time voluntarily prepay Term Loans in whole or in part; provided that (i) the Delayed Draw Term Loan Commitment shall have been terminated in full, (ii) the Borrowers shall pay each Lender its Applicable Percentage of the Early Termination Premium, if applicable, on the amount prepaid concurrently with such prepayment, (iii) such notice must be received by the Administrative Agent not later than 2:00 p.m. Eastern time three (3) Business Days prior to any part of, the such date of prepayment and (iv) any prepayment of Term Loans, in each case, Loans shall be in a minimum aggregate principal amount of $5.0 million 500,000 or such greater amount that is an integral a whole multiple of $1.0 million 500,000 in excess thereof; or, if less, the entire principal amount thereof then outstanding. The Borrower will give the Administrative Agent written notice (or telephone notice promptly confirmed by written notice) of each optional prepayment under this Section 2.8(a) prior to 12:00 noon (New York time) at least one (1) Business Day in the case of Base Rate Loans and three (3) Business Days in the case of Eurodollar Loans prior to the date fixed for such prepayment (which notice may be revoked at the Borrower’s option). Each such notice shall specify the date and amount of such prepayment (which shall be a Business Day), of the principal amount of such Term Loans to be prepaid prepaid. The Administrative Agent will promptly notify each Lender of its receipt of each such notice, and of the interest to be paid on the prepayment date with respect to such principal amount being repaid. Any prepayments made pursuant to this Section 2.8(a) shall be applied against the Class of Term Loans and the remaining scheduled installments of principal due in respect of such Term Loans in the manner specified Lender’s Applicable Percentage of such prepayment. If such notice is given by the Borrower orRepresentative, if not so the Borrowers shall make such prepayment and the payment amount specified in such notice shall be due and payable on or prior to the date specified therein. Any prepayment of such optional prepaymenta Loan shall be accompanied by the applicable Early Termination Premium, all accrued interest on a pro rata basis the amount prepaid, together with any additional amounts required pursuant to all Classes of Term Loans in direct order of maturity and may not be reborrowedSection 3.04.

Voluntary Prepayments of Term Loans. (i) The Borrower may, at its option, upon notice as herein provided, prepay without premium or penalty (subject to the requirements of Sections Section 2.8(a)(ii), 2.8(a)(iii) and 2.8(a)(iv) below and except as set forth in Section 8.1 below) at any time all, or from time to time any part of, the Tranche A Term Loans and the Tranche B Term Loans, in each case, in a minimum aggregate amount of $5.0 million or such greater amount that is an integral multiple of $1.0 million or, if less, the entire principal amount thereof then outstanding. The amount of each such optional prepayment shall be applied as directed by the Borrower. The Borrower will give the Administrative Agent written notice (or telephone notice promptly confirmed by written notice) of each optional prepayment under this Section 2.8(a) prior to 12:00 noon (New York time) at least one (1) Business Day in the case of Base Rate Loans and three (3) Business Days in the case of Eurodollar Loans prior to the date fixed for such prepayment (which notice may be revoked at the Borrower’s option). Each such notice shall specify the date of such prepayment (which shall be a Business Day), the principal amount of such Term Loans to be prepaid and the interest to be paid on the prepayment date with respect to such principal amount being repaid. Any prepayments made pursuant to this Section 2.8(a) shall be applied against the Class of Term Loans and the remaining scheduled installments of principal due in respect of such Term Loans in the manner specified by the Borrower or, if not so specified on or prior to the date of such optional prepayment, on a pro rata basis to all Classes of Term Loans in direct order of maturity and may not be reborrowed.

Voluntary Prepayments of Term Loans. (i) The Borrower may, at its option, upon notice as herein provided, prepay without premium or penalty (subject to the requirements of Sections SectionSections 2.8(a)(ii)) and, 2.8(a)(iii) and 2.8(a)(iv) below and except as set forth in Section 8.1 below) at any time all, or from time to time any part of, the Term Loans, in each case, in a minimum aggregate amount of $5.0 million or such greater amount that is an integral multiple of $1.0 million or, if less, the entire principal amount thereof then outstanding. The Borrower will give the Administrative Agent written notice (or telephone notice promptly confirmed by written notice) of each optional prepayment under this Section 2.8(a) prior to 12:00 noon (New York time) at least one (1) Business Day in the case of Base Rate Loans and three (3) Business Days in the case of Eurodollar Loans prior to the date fixed for such prepayment (which notice may be revoked at the Borrower’s option). Each such notice shall specify the date of such prepayment (which shall be a Business Day), the principal amount of such Term Loans to be prepaid and the interest to be paid on the prepayment date with respect to such principal amount being repaid. Any prepayments made pursuant to this Section 2.8(a) shall be applied against the Class of Term Loans and the remaining scheduled installments of principal due in respect of such Term Loans in the manner specified by the Borrower or, if not so specified on or prior to the date of such optional prepayment, on a pro rata basis to all Classes of Term Loans in direct order of maturity and may not be reborrowed.

Voluntary Prepayments of Term Loans. (i) The Borrower may, at its option, upon notice as herein provided, prepay without premium or penalty (subject to the requirements of Sections SectionsSection 2.8(a)(ii), and 2.8(a)(iii) and 2.8(a)(iv) below and except as set forth in Section 8.1 below) at any time all, or from time to time any part of, the Term Loans, in each case, in a minimum aggregate amount of $5.0 million or such greater amount that is an integral multiple of $1.0 million or, if less, the entire principal amount thereof then outstanding. The Borrower will give the Administrative Agent written notice (or telephone notice promptly confirmed by written notice) of each optional prepayment under this Section 2.8(a) prior to 12:00 noon (New York time) at least one (1) Business Day in the case of Base Rate Loans and three (3) Business Days in the case of Eurodollar Loans prior to the date fixed for such prepayment (which notice may be revoked at the Borrower’s option). Each such notice shall specify the date of such prepayment (which shall be a Business Day), the principal amount of such Term Loans to be prepaid and the interest to be paid on the prepayment date with respect to such principal amount being repaid. Any prepayments made pursuant to this Section 2.8(a) shall be applied against the Class of Term Loans and the remaining scheduled installments of principal due in respect of such Term Loans in the manner specified by the Borrower or, if not so specified on or prior to the date of such optional prepayment, on a pro rata basis to all Classes of Term Loans in direct order of maturity and may not be reborrowed.

Voluntary Prepayments of Term Loans. (i) The Borrower may, at its option, upon notice as herein provided, prepay without premium or penalty (subject to the requirements of Sections Section 2.8(a)(ii), 2.8(a)(iii) and 2.8(a)(iv) below and except as set forth in Section 8.1 below) at any time all, or from time to time any part of, the Term Loans, in each case, in a minimum aggregate amount of $5.0 million or such greater amount that is an integral multiple of $1.0 million or, if less, the entire principal amount thereof then outstanding. The Borrower will give the Administrative Agent written notice (or telephone notice promptly confirmed by written notice) of each optional prepayment under this Section 2.8(a) prior to 12:00 noon (New York time) at least one (1) Business Day in the case of Base Rate Loans and three (3) Business Days in the case of Eurodollar 50 Loans prior to the date fixed for such prepayment (which notice may be revoked at the Borrower’s option). Each such notice shall specify the date of such prepayment (which shall be a Business Day), the principal amount of such Term Loans to be prepaid and the interest to be paid on the prepayment date with respect to such principal amount being repaid. Any prepayments made pursuant to this Section 2.8(a) shall be applied against the Class of Term Loans and the remaining scheduled installments of principal due in respect of such Term Loans in the manner specified by the Borrower or, if not so specified on or prior to the date of such optional prepayment, on a pro rata basis to all Classes of Term Loans in direct order of maturity and may not be reborrowed.

Voluntary Prepayments of Term Loans. (i) The Borrower may, at its option, upon notice as herein provided, prepay without premium or penalty (subject to the requirements of Sections Section 2.8(a)(ii), 2.8(a)(iii) and 2.8(a)(iv2.8(a)(iii) below and except as set forth in Section 8.1 below) at any time all, or from time to time any part of, the Term Loans, in each case, in a minimum aggregate amount of $5.0 million or such greater amount that is an integral multiple of $1.0 million or, if less, the entire principal amount thereof then outstanding. The Borrower will give the Administrative Agent written notice (or telephone notice promptly confirmed by written notice) of each optional prepayment under this Section 2.8(a) prior to 12:00 noon (New York time) at least one (1) Business Day in the case of Base Rate Loans and three (3) Business Days in the case of Eurodollar Loans prior to the date fixed for such prepayment (which notice may be revoked at the Borrower’s option). Each such notice shall specify the date of such prepayment (which shall be a Business Day), the principal amount of such Term Loans to be prepaid and the interest to be paid on the prepayment date with respect to such principal amount being repaid. Any prepayments made pursuant to this Section 2.8(a) shall be applied against the Class of Term Loans and the remaining scheduled installments of principal due in respect of such Term Loans in the manner specified by the Borrower or, if not so specified on or prior to the date of such optional prepayment, on a pro rata basis to all Classes of Term Loans in direct order of maturity and may not be reborrowed.