Common use of 3(a) Clause in Contracts

3(a). Any prepayment of a LIBOR Loan on a day other than last day of an Interest Period therefore shall include interest on the principal amount be repaid and shall be subject to Section 8.4. All prepayments of the Term Loan shall be applied pro rata in the inverse order of maturity to the remaining installments thereof.

Appears in 1 contract

Sources: Credit Agreement (Clarion Technologies Inc/De/)

3(a). Any prepayment of a LIBOR Loan on a day other than last day of an Interest Period therefore shall include interest on the principal amount be repaid and shall be subject to Section 8.4. All prepayments of the Term Loan shall be applied pro rata in the inverse order of maturity to the remaining installments thereof8.

Appears in 1 contract

Sources: Credit Agreement (Clarion Technologies Inc/De/)