Common use of Application of Certain Mandatory Prepayments Clause in Contracts

Application of Certain Mandatory Prepayments. Any prepayments made by Borrower pursuant to Sections 1.2(b)(ii), (iii) or (iv) above shall be applied as follows: first, to Fees and reimbursable expenses of Lender then due and payable pursuant to any of the Loan Documents; second, to interest then due and payable on the Term Loan; and third, to prepay the scheduled principal installments of the Term Loan in inverse order of maturity, until such Term Loan shall have been prepaid in full.

Application of Certain Mandatory Prepayments. Any prepayments made by Borrower pursuant to Sections 1.2(b)(ii), (iiiSection 1.3(b)(ii) or (iviii) above shall be applied as followsin accordance with the Order, and, to the extent applied to the Obligations, applied: first, to Fees and reimbursable expenses of Lender Agent and Lenders then due and payable pursuant to any of the Loan Documents; second, to interest then due and payable on the Term LoanRevolving Credit Advances; and third, to prepay the scheduled principal installments balance of Revolving Credit Advances outstanding until the Term Loan in inverse order of maturity, until such Term Loan shall have same has been prepaid paid in full.

Application of Certain Mandatory Prepayments. Any prepayments made by any Borrower pursuant to Sections 1.2(b)(iiSection 1.3(b)(i),(ii), (iii) or (iv) above shall be applied as follows: first, to Fees and reimbursable expenses of Lender Agent then due and payable pursuant to any of the Loan Documents; second, to interest then due and payable on the Term Loan; and third, to prepay the scheduled principal installments of the Term Loan in inverse order of maturity, until such Term Loan shall have the same has been prepaid in full.

Application of Certain Mandatory Prepayments. Any prepayments made by Borrower pursuant to Sections 1.2(b)(ii), (iii) b)(iii), or (ivb)(iv) above shall be applied as follows: first, to Fees and reimbursable expenses of Lender Agent then due and payable pursuant to any of the Loan Documents; second, to interest then due and payable on the Term Revolving Loan; and third, to prepay the scheduled outstanding principal installments balance of Revolving Credit Advances until the Term Loan in inverse order of maturity, until such Term Loan shall have same has been prepaid paid in full.