Prepayments of Revolving Loans. If for any reason the Total Revolving Outstandings at any time exceed the aggregate Revolving Commitments then in effect, the Borrower shall immediately prepay, without premium or penalty, Revolving Loans and Swingline Loans and/or Cash Collateralize the L/C Obligations in an aggregate amount equal to such excess.
Prepayments of Revolving Loans. (i) If, on any date, the aggregate Tranche A Revolving Extensions of Credit exceed the Tranche A Availability at such time, the Borrower or each Local Borrowing Subsidiary (but solely in respect of its applicable Local Loans and Acceptances) shall promptly prepay (without a corresponding reduction in the Tranche A Revolving Commitments) the Tranche A Revolving Loans, the Swingline Loans, the Local Loans, the Acceptances and/or the L/C Obligations, to the Administrative Agent or a Local Fronting Lender, in each case as applicable, and/or Cash Collateralize its obligations, in an aggregate principal amount equal to such excess.
Prepayments of Revolving Loans. If for any reason (i) the Total Revolving Outstandings (other than any Overadvances and Protective Advances to the extent permitted hereunder) at any time exceed the Borrowing Base then in effect for at least two consecutive Business Days or (ii) the Total Revolving Outstandings at any time exceed the Revolving Credit Maximum Amount at such time, then in either case Borrowers shall immediately prepay, without premium or penalty, an aggregate amount equal to such excess to be applied to the prepayment of the Revolving Loans and Swingline Loans and, thereafter to the extent of any remaining such excess, to Cash Collateralize the L/C Obligations in an amount equal to such remaining excess.
Prepayments of Revolving Loans. Term Loans and Incremental Term Loans shall be applied first to ABR Loans and second to Eurodollar Loans (applied to Eurodollar Loans with Interest Periods in the order in which the respective Interest Periods therefor shall end). Each prepayment of Loans pursuant to this Section 2.11 (other than prepayments of Revolving Loans that are ABR Loans prior to the end of the Revolving Availability Period) shall be accompanied by accrued interest on the principal amount paid to but excluding the date of payment and any amounts payable under Section 2.16 as a result of such prepayment.
Prepayments of Revolving Loans. The Parent shall repay or cause the Subsidiary Borrower to repay the Revolving Loans (i) (but shall not be required to reduce the Revolving Commitments) on each Business Day to the extent that funds on deposit in the Concentration Account exceed $15,000,000 and (ii) as set forth in Section 2.09(b)(iv) above.".
Prepayments of Revolving Loans from Amounts Transferred to BTCo ---------------------------------------------------------------------- Account. If any amounts are transferred to the BTCo Account on any Business Day ------- pursuant to the terms of any Lock Box Agreement, then on such Business Day, if such amounts are transferred to the BTCo Account prior to 1:00 p.m. (New York time) on such Business Day, or on the next succeeding Business Day, if such amounts are transferred to the BTCo Account on or after 1:00 p.m. (New York time) on such Business Day, Borrowers shall prepay Borrowers' Revolving Loans in an amount equal to the amount transferred to the BTCo Account pursuant to the terms of the applicable Lock Box Agreement on such Business Day (to the extent such amount relates to payments received in respect of Accounts of Borrowers or any of their Restricted Subsidiaries) until all of Borrowers' Revolving Loans shall have been paid in full.
Prepayments of Revolving Loans. 29 SECTION 2.5. LETTERS OF CREDIT.......................................................................30 SECTION 2.6. PAYMENTS; PRO RATA TREATMENT AND SHARING OF SET-OFFS....................................32 SECTION 2.7. CASH COLLATERAL ACCOUNT.................................................................33 ARTICLE 3. INTEREST, FEES, YIELD PROTECTIONS, ETC. 34
Prepayments of Revolving Loans. Section 2.09 of the Credit Agreement is amended to:
Prepayments of Revolving Loans. 30 2.5.2 Prepayments of Swing Line Loans......................................................31 2.6 Reduction or Termination of Commitments.......................................................31
Prepayments of Revolving Loans. The Borrowers may, upon notice to the Administrative Agent, at any time or from time to time voluntarily prepay Revolving Loans in whole or in part without premium or penalty; provided that (i) such notice must be received by the Administrative Agent not later than 9:30 a.m., Pacific Coast time, (A) three Business Days prior to any date of prepayment of Eurodollar Rate Loans and (B) on the date of prepayment of Base Rate Loans; (ii) any prepayment of Eurodollar Rate Loans shall be in a principal amount of $5,000,000 or a higher integral multiple of $1,000,000; and (iii) any prepayment of Base Rate Loans shall be in a principal amount of $500,000 or a higher integral multiple of $100,000 (except that, if at any time Base Rate Loans are made pursuant to Section 2.3.3(a) to refinance any Unreimbursed Amount or pursuant to Section 2.4.3(a) to refinance any Swing Line Loan, the next prepayment of Base Rate Loans shall be in an amount so that the Outstanding Amount of all Base Rate Loans either is (x) zero or (y) a principal amount of $500,000 or a higher integral multiple of $100,000). Each such notice shall specify the date and amount of such prepayment and the Type(s) of Revolving Loans to be prepaid. The Administrative Agent will promptly notify each Lender of its receipt of each such notice and of such Lender's Pro Rata Share of such prepayment. If such notice is given by the Borrowers, the Borrowers shall make such prepayment and the payment amount specified in such notice shall be due and payable on the date specified therein. Any prepayment of a Eurodollar Rate Loan shall be accompanied by all accrued interest thereon, together with any additional amounts required pursuant to Section 3.5. Each such prepayment shall be applied to the Revolving Loans of the Lenders in accordance with their respective Pro Rata Shares.
