Application of Designated Prepayments. Each mandatory prepayment required by clauses (a), (b), (c), (d) and (e) of this Section 2.5(B)(i) or by Section 7.2(P) shall be referred to herein as a "Designated Prepayment." Designated Prepayments shall be allocated and applied to the Obligations as follows:
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Sources: Credit Agreement (Steiner Leisure LTD), Credit Agreement (Steiner Leisure LTD)
Application of Designated Prepayments. Each mandatory prepayment required by clauses (a), (b), (c), (d) and (ec) of this Section 2.5(B)(i) or by Section 7.2(P) 2.2 shall be referred to herein as a "Designated Prepayment." Designated Prepayments shall be allocated and applied to the Obligations as follows:repay Loans ratably in an amount equal to such Designated Prepayment.
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