Notice; Manner of Payment. Upon the occurrence of any event triggering the prepayment requirement under clauses # through and including # above, the Borrower shall promptly deliver a Notice of Prepayment to the Administrative Agent and upon receipt of such notice, the Administrative Agent shall promptly so notify the Lenders. Each prepayment of the Loans under this Section shall be applied as follows: except as otherwise provided in any Extension Amendment or otherwise agreed by the Borrower and the applicable Incremental Term Loan Lenders, ratably between each Class of Term Loans then outstanding (with prepayments applied to reduce up to the next eight remaining scheduled principal installments of each Class of Term Loans in direct order of maturity and thereafter to the remaining scheduled principal installments on a pro rata basis). For the avoidance of doubt and notwithstanding the foregoing, no mandatory
Notice; Manner of Payment. Upon the occurrence of any event triggering a prepayment requirement under clauses # through and including # above, the Borrower shall promptly deliver written notice thereof to the Administrative Agent not later than 12:00 noon at least three (3) Business Days before the proposed date of prepayment, and upon receipt of such notice, the Administrative Agent shall promptly so notify the Lenders. Each prepayment of the Term Loan under this Section shall be applied to reduce the remaining scheduled principal installments of the Term Loan pursuant to [Section 2.3] (including the bullet payment due at maturity) on a pro rata basis.
Notice; Manner of Payment. Upon the occurrence of any event triggering the prepayment requirement under [clauses (i) through (iv) above], the Borrower shall promptly deliver a Notice of Prepayment to the Administrative Agent and upon receipt of such notice, the Administrative Agent shall promptly so notify the Lenders. Each optional prepayment of
The Borrower shall notify the Administrative Agent in writing of any mandatory prepayment of Term Loans required to be made pursuant to [clauses (i), (ii) or (iii) of this Section 2.05(b)] (in each case, specifying the clause of this [Section 2.05(b)] under which such prepayment is required) at least four (4) Business Days prior to the date of such prepayment. Each such notice shall specify the date of such prepayment and provide a reasonably detailed calculation of the amount of such prepayment. The Administrative Agent will promptly notify each Appropriate Lender of the contents of the Borrower’s prepayment notice and of such Appropriate Lender’s Pro Rata Share of the prepayment.
The Borrower shall notify the Administrative Agent in writing of any mandatory prepayment of Term Loans required to be made pursuant to clauses (i) through (iv) of this [Section 2.05(b)] at least four (4) Business Days prior to the date of such prepayment. Each such notice shall specify the date of such prepayment and provide a reasonably detailed calculation of the amount of such prepayment. The Administrative Agent will promptly notify each Appropriate Lender of the contents of the Borrower’s prepayment notice and of such Appropriate Lender’s Pro Rata Share of the prepayment.
The Borrower shall notify the Administrative Agent in writing of any mandatory prepayment of Loans required to be made by the Borrower pursuant to paragraph # of this [Section 2.11] at least three Business Days prior to the date of such prepayment. Each such notice shall specify the date of such prepayment and provide a reasonably detailed calculation of the amount of such prepayment. The Administrative Agent will promptly notify each Lender of the contents of the Borrower’s prepayment notice and of such Lender’s pro rata share of the prepayment.
The Borrower shall notify the Administrative Agent in writing of any mandatory prepayment of Term Loans required to be made pursuant to clauses (i[[Borrower:Organization]], (ii[[Borrower:Organization]], and (iii[[Borrower:Organization]] of this Section 2.05(b[[Borrower:Organization]] at least five Business Days prior to 1:00 p.m. on the date of such prepayment. Each such notice shall specify the date of such prepayment and provide a reasonably detailed calculation of the amount of such prepayment. The Administrative Agent will promptly notify each Appropriate Lender of the contents of the Borrower’s prepayment notice and of such Appropriate Lender’s Applicable Percentage of the prepayment.
prepayment shall be made together with the applicable Prepayment Premium, # such notice must be received by the Administrative Agent not later than 2:00 p.m. three (3) Business Days prior to any Prepayment Date, # any prepayment of the Loans shall be in a minimum principal amount of $5,000,000 or a whole multiple of $1,000,000 in excess thereof or if less, the entire principal amount thereof then outstanding, and # any voluntary prepayment of any Loan (whether or not such prepayment was designated to be made with respect to any particular Loan, Class or Type) shall be applied on a pro rata basis across all Loans (and not just to such Loan); provided that if the terms of an Additional Loan provide for a smaller portion (or no portion) of any such prepayment, only such smaller portion (or no portion, if applicable) shall be allocated to such Additional Loan and the excess shall be allocated to the other Loans on a pro rata basis across all such other Loans. Each such notice shall specify the date of such prepayment and the amount of such prepayment, and such notice of prepayment may state that it is conditioned upon the consummation of a specified event, in which case such notice of prepayment may be revoked by the BVI Borrower if such condition is not satisfied. The Administrative Agent will promptly notify each Lender of its receipt of each such notice, and of the amount of such Lender’s ratable portion of such prepayment (based on such Lender’s Applicable Percentage). If such notice is given by any Borrower, the applicable Borrower shall make such prepayment and the payment amount specified in such notice shall be due and payable on the date specified therein. Each prepayment shall be accompanied by all accrued interest on the amount prepaid, together with any Prepayment Premium and any additional amounts required pursuant to Section 3.03. Each prepayment of any Class of outstanding Loans pursuant to this [Section 2.03] shall be paid to the Lenders in accordance with their respective Applicable Percentages and, in the case of any prepayment of any Closing Date Loans, 3rd Amendment Date Loans or 4th Amendment Loans pursuant to this [Section 2.03], shall be further subject to Section 12.26(a).
Borrower shall notify the Administrative Agent in writing of any mandatory prepayment of Loans required to be made pursuant [Section 2.03(b)] pursuant to a Prepayment Notice. Each such notice shall specify the date of such prepayment and provide a reasonably detailed calculation of the amount of such prepayment. The Administrative Agent will promptly notify each Lender of the contents of Borrower’s Prepayment Notice and of such Lender’s Pro Rata Share of the prepayment.
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