Common use of Application of Prepayments Clause in Contracts

Application of Prepayments. (a) Application of Voluntary Prepayments by Type of Loans and Order of Maturity. Any voluntary prepayments pursuant to subsection 2.4B(i) shall be applied as specified by the applicable Borrower in the applicable notice of prepayment; provided that in the event Company fails to specify the Loans of Company to which any such prepayment shall be applied, such prepayment shall be applied first to repay outstanding Swing Line Loans to the full extent thereof, second to repay outstanding Revolving Loans to the full extent thereof, and third to repay outstanding Term Loans to the full extent thereof. Any voluntary prepayment of any Borrower's Term Loans pursuant to subsection 2.4B(i) shall be applied to prepay the Tranche A Term Loans, and, in the case of Company, the Tranche B Term Loans and/or the Tranche C Term Loans in the manner specified by such Borrower and to reduce the scheduled installments of principal of the Tranche A Term Loans and, in the case of Company, the Tranche B Term Loans and/or the Tranche C Term Loans set forth in subsections 2.4A(i), 2.4A(ii) and/or 2.4A(iii), as the case may be, in such order as such Borrower shall direct.

Application of Prepayments. (a) Application APPLICATION OF VOLUNTARY PREPAYMENTS BY TYPE OF LOANS AND ORDER OF MATURITY. Subject to the provisions of Voluntary Prepayments by Type of Loans and Order of Maturity. Any subsection 2.4D, any voluntary prepayments pursuant to subsection 2.4B(i) shall be applied as specified by the applicable Borrower in the applicable notice of prepayment; provided PROVIDED that in the event Company if Borrower fails to specify the Loans of Company to which any such prepayment shall be applied, such prepayment shall be applied first to repay outstanding Swing Line Loans to the full extent thereof, second to repay outstanding Revolving Loans to the full extent thereof, and third FIRST to repay outstanding Term Loans to the full extent thereof, SECOND to repay outstanding Revolving Loans to the full extent thereof and permanently reduce the Revolving Loan Commitments and THIRD to cash collateralize any outstanding Letters of Credit. Any voluntary prepayment prepayments of any Borrower's the Term Loans pursuant to subsection 2.4B(i) shall be applied to prepay the Tranche A Term Loans, and, in the case of Company, Loans and the Tranche B Term Loans and/or on a pro rata basis (in accordance with the Tranche C Term Loans in the manner specified by such Borrower and respective outstanding principal amounts thereof) to reduce the scheduled installments of principal of the Tranche A Term Loans and, in the case of Company, the and Tranche B Term Loans and/or the Tranche C Term Loans set forth in subsections 2.4A(i), ) and 2.4A(ii) and/or 2.4A(iii)on a pro rata basis (in accordance with the respective outstanding principal amounts thereof) to each remaining scheduled installment of principal of the Tranche A Term Loans or the Tranche B Term Loans, as the case may be, set forth in such order as such Borrower shall directsubsection 2.4A(i) or 2.4A(ii), respectively.

Application of Prepayments. (a) Application of Voluntary Prepayments by Type of Loans and Order of MaturityAPPLICATION OF VOLUNTARY PREPAYMENTS BY TYPE OF LOANS AND ORDER OF MATURITY. Any voluntary prepayments pursuant to subsection 2.4B(i) shall be applied to the Loans as specified by the applicable Borrower Company in the applicable notice of prepayment; provided PROVIDED that in the event Company fails to specify the Loans of Company to which any such prepayment shall be applied, such prepayment shall be applied first FIRST to repay outstanding Swing Line Loans to the full extent thereof, second to repay outstanding Revolving Loans to the full extent thereof, and third SECOND to repay outstanding Term Loans to the full extent thereof and THIRD to repay outstanding Acquisition Loans to the full extent thereof and FOURTH to repay outstanding Working Capital Loans to the full extent thereof. Any voluntary prepayment prepayments of any Borrower's the Term Loans pursuant to subsection 2.4B(i) (whether the application thereof is specified by Company or not) shall be applied to prepay the Tranche A Term Loans, and, in the case of Company, the Tranche B Term Loans and/or Loans, and the Tranche C D Term Loans on a pro rata basis (in accordance with the manner specified by such Borrower respective outstanding principal amounts thereof) and to reduce the scheduled installments of principal of the Tranche A Term Loans and, in the case of CompanyLoans, the Tranche B Term Loans and/or Loans, and the Tranche C D Term Loans set forth in subsections subsection 2.4A(i), 2.4A(ii) and/or and 2.4A(iii), as the case may be, ) in such forward order as such Borrower shall directof maturity.

Application of Prepayments. (a) Application of Voluntary Prepayments by Type of Loans and Order of MaturityAPPLICATION OF VOLUNTARY PREPAYMENTS BY TYPE OF LOANS AND ORDER OF MATURITY. Any voluntary prepayments pursuant to subsection 2.4B(i) shall be applied as specified by the applicable Borrower in the applicable notice of prepayment; provided PROVIDED that in the event Company Borrower fails to specify the Loans of Company Borrower to which any such prepayment shall be applied, such prepayment shall be applied first FIRST to repay outstanding Swing Line Loans to the full extent thereof, second SECOND to repay outstanding Revolving Loans to the full extent thereof, and third THIRD to repay outstanding Term Loans to the full extent thereof. Any voluntary prepayment of any Borrower's Term Loans pursuant to subsection 2.4B(i) shall be applied to prepay the Tranche A Term Loans, and, in the case of Company, Loans and the Tranche B Term Loans and/or the Tranche C Term Loans in the manner specified by such Borrower and to reduce the scheduled installments of principal of the Tranche A Term Loans and, in the case of Company, and the Tranche B Term Loans and/or the Tranche C Term Loans set forth in subsections 2.4A(i), or 2.4A(ii) and/or 2.4A(iii), as the case may be, in such order as such Borrower shall direct.

Application of Prepayments. (a) Application of Voluntary Prepayments by Type of Loans and Order of MaturityAPPLICATION OF VOLUNTARY PREPAYMENTS BY TYPE OF LOANS AND ORDER OF MATURITY. Any voluntary prepayments pursuant to subsection 2.4B(i) shall be applied as specified by the applicable Borrower Company in the applicable notice of prepayment; provided PROVIDED that in the event Company fails to specify the Loans of Company to which any such prepayment shall be applied, such prepayment shall be applied first FIRST to repay outstanding Swing Line Loans to the full extent thereof, second SECOND to repay outstanding Revolving Loans to the full extent thereof, and third THIRD to repay outstanding Term Loans to the full extent thereof. Any voluntary prepayment of any Borrower's Term Loans pursuant to subsection 2.4B(i) shall be applied to prepay the Tranche A Term Loans, and, in the case of Company, the Tranche B Term Loans and/or the Tranche C Term Loans in the manner specified by such Borrower Company and to reduce the scheduled installments of principal of the Tranche A Term Loans and, in the case of CompanyLoans, the Tranche B Term Loans and/or the Tranche C Term Loans set forth in subsections 2.4A(i), 2.4A(ii) and/or 2.4A(iii), as the case may be, in such order as such Borrower Company shall direct.

Application of Prepayments. (a) Application of Voluntary Prepayments by Type of Loans and --------------------------------------------------------- Order of Maturity. Any voluntary prepayments pursuant to subsection 2.4B(i----------------- 2.4B (i) shall be applied as specified by the applicable Borrower Company in the applicable notice of prepayment; provided that in the event Company fails to -------- specify the Loans of Company to which any such prepayment shall be applied, such prepayment shall be applied first first, to repay outstanding Swing Line ----- Loans to the full extent thereof, second second, to repay outstanding ------ Revolving Loans to the full extent thereofthereof and third, and third to repay ----- outstanding Term Loans to the full extent thereof. Any voluntary prepayment prepayments of any Borrower's the Term Loans pursuant to subsection 2.4B(i) shall be applied to prepay the Tranche A Term Loans, and, in the case of Company, the Tranche B Term Loans and/or the and Tranche C Term Loans on a pro-rata basis (in accordance with the manner specified by such Borrower respective outstanding principal amounts thereof) and to reduce the scheduled installments of principal of the Tranche A Term Loans andLoans, in the case of Company, the Tranche B Term Loans and/or the and Tranche C Term Loans set forth in subsections 2.4A(i), 2.4A(ii) and/or 2.4A(iii), as the case may be, subsection 2.4A in such order as such Borrower shall directof maturity.

Application of Prepayments. (a) Application of Voluntary Prepayments by Type of Loans and Order of MaturityAPPLICATION OF VOLUNTARY PREPAYMENTS BY TYPE OF LOANS AND ORDER OF MATURITY. Any voluntary prepayments pursuant to subsection 2.4B(i) shall be applied to the Loans as specified by the applicable Borrower Company in the applicable notice of prepayment; provided PROVIDED that in the event Company fails to specify the Loans of Company to which any such prepayment shall be applied, such prepayment shall be applied first FIRST to repay outstanding Swing Line Loans to the full extent thereof, second to repay outstanding Revolving Loans to the full extent thereof, and third SECOND to repay outstanding Term Loans to the full extent thereof and THIRD to repay outstanding Acquisition Loans to the full extent thereof and FOURTH to repay outstanding Working Capital Loans to the full extent thereof. Any voluntary prepayment prepayments of any Borrower's the Term Loans pursuant to subsection 2.4B(i) (whether the application thereof is specified by Company or not) shall be applied to prepay the Tranche A Term Loans, and, in the case of Company, Loans and the Tranche B Term Loans and/or on a pro rata basis (in accordance with the Tranche C Term Loans in the manner specified by such Borrower respective outstanding principal amounts thereof) and to reduce the scheduled installments of principal of the Tranche A Term Loans and, in the case of Company, the and Tranche B Term Loans and/or the Tranche C Term Loans set forth in subsections subsection 2.4A(i), ) and 2.4A(ii) and/or 2.4A(iii), as the case may be, in such forward order as such Borrower shall directof maturity.

Application of Prepayments. (a) Application of Voluntary Prepayments by Type of Loans and --------------------------------------------------------- Order of Maturity. Any voluntary prepayments pursuant to subsection 2.4B(i----------------- 2.4B (i) shall be applied as specified by the applicable Borrower Company in the applicable notice of prepayment; provided that in the event Company fails to -------- specify the Loans of Company to which any such prepayment shall be applied, such prepayment shall be applied first to repay outstanding Swing Line ----- Loans to the full extent thereof, second to repay outstanding ------ Revolving Loans to the full extent thereof, and third to repay ----- outstanding Term Loans to the full extent thereof. Any voluntary prepayment prepayments of any Borrower's the Term Loans pursuant to subsection 2.4B(i) shall be applied to prepay reduce the Tranche A scheduled installments of principal of the Term LoansLoans set forth in subsection 2.4A in inverse order of maturity; provided, andhowever, in the case of that Company, at its option, may apply such -------- ------- voluntary prepayments first to reduce the Tranche B immediately succeeding two ----- scheduled installments of principal of Term Loans and/or set forth in subsection 2.4A, and second, to the Tranche C Term Loans in the manner specified by extent of any remaining portion of ------ such Borrower and voluntary prepayments, to reduce the scheduled installments of principal of the Tranche A Term Loans and, in the case of Company, the Tranche B Term Loans and/or the Tranche C Term Loans set forth in subsections 2.4A(i), 2.4A(ii) and/or 2.4A(iii), as the case may be, subsection 2.4A in such inverse order as such Borrower shall directof maturity.

Application of Prepayments. (a) Application of Voluntary Prepayments by Type of Loans and Order of MaturityAPPLICATION OF VOLUNTARY PREPAYMENTS BY TYPE OF LOANS AND ORDER OF MATURITY. Any voluntary prepayments pursuant to subsection 2.4B(i) shall be applied to the Loans as specified by the applicable Borrower Company in the applicable notice of prepayment; provided that in the event Company fails to specify the Loans of Company to which any such prepayment shall be applied, such prepayment shall be applied first to repay outstanding Swing Line Loans to the full extent thereof, second to repay outstanding Revolving Term Loans to the full extent thereof, thereof and third to repay outstanding Term Acquisition Loans to the full extent thereof and fourth to repay outstanding Working Capital Loans to the full extent thereof. Any voluntary prepayment prepayments of any Borrower's the Term Loans pursuant to subsection 2.4B(i) (whether the application thereof is specified by Company or not) shall be applied to prepay the Tranche A Term Loans, and, in the case of Company, the Tranche B Term Loans and/or Loans, the Tranche C Term Loans and the Tranche D Term Loans on a pro rata basis (in accordance with the manner specified by such Borrower respective outstanding principal amounts thereof) and to reduce the scheduled installments of principal of the Tranche A Term Loans and, in the case of CompanyLoans, the Tranche B Term Loans and/or Loans, the Tranche C Term Loans and the Tranche D Term Loans set forth in subsections subsection 2.4A(i), 2.4A(ii) and/or 2.4A(iii), as the case may be, 2.4A(iii) and 2.4A(iv) in such forward order as such Borrower shall directof maturity.

Application of Prepayments. (a) Application of Voluntary Prepayments by Type of Loans and Order of Maturity. Any voluntary prepayments pursuant to subsection 2.4B(i) shall be applied as specified by the applicable Borrower Company in the applicable notice of prepayment; provided that in the event Company fails to specify the Loans of Company to which any such prepayment shall be applied, such prepayment shall be applied first to repay outstanding Swing Line Loans to the full extent thereof, second to repay outstanding Revolving Term Loans to the full extent thereof, and third to repay outstanding Term Revolving Loans to the full extent thereof. Any voluntary prepayment prepayments of any Borrower's the Term Loans pursuant to subsection 2.4B(i) (whether the application thereof is specified by Company or not) shall be applied to prepay the Tranche A Term Loans, and, in the case of Company, the Loans and Tranche B Term Loans and/or on a pro rata basis (in accordance with the Tranche C Term Loans in the manner specified by such Borrower respective outstanding principal amounts thereof) and to reduce the scheduled installments of principal of the Tranche A Term Loans and, in the case of Company, the Tranche B Term Loans and/or the Tranche C Term Loans set forth in subsections 2.4A(isubsection 2.4A pro rata, provided, however, that with respect to prepayments pursuant to subsection 2.4B(iii)(a), 2.4A(ii) and/or 2.4A(iii)if the Borrowing Base is reduced by the applicable Asset Sale, as Company may, at its option, permanently reduce the case may be, Revolving Loan Commitment in any amount up to the amount of the reduction in the Borrowing Base and shall not be required to prepay the Term Loans to the amount of such order as such Borrower shall directRevolving Loan Commitment reduction.

Application of Prepayments. (a) Application of Voluntary Prepayments by Type of Loans and Order of MaturityAPPLICATION OF VOLUNTARY PREPAYMENTS BY TYPE OF LOANS AND ORDER OF MATURITY. Any voluntary prepayments pursuant to subsection 2.4B(i) shall be applied as specified by the applicable Borrower in the applicable notice of prepayment; provided PROVIDED that in the event Company fails to specify the Loans of Company to which any such prepayment shall be applied, such prepayment shall be applied first FIRST to repay outstanding Swing Line Loans to the full extent thereof, second SECOND to repay outstanding Revolving Loans to the full extent thereof, and third THIRD to repay outstanding Term Loans to the full extent thereof. Any voluntary prepayment of any Borrower's Term Loans pursuant to subsection 2.4B(i) shall be applied to prepay the Tranche A Term Loans, and, in the case of Company, the Tranche B Term Loans and/or the Tranche C Term Loans in the manner specified by such Borrower and to reduce the scheduled installments of principal of the Tranche A Term Loans and, in the case of Company, the Tranche B Term Loans and/or the Tranche C Term Loans set forth in subsections 2.4A(i), 2.4A(ii) and/or 2.4A(iii2.4A(ii), as the case may be, in such order as such Borrower shall direct.

Application of Prepayments. (a) Application of Voluntary Prepayments by Type of Loans and Order of MaturityAPPLICATION OF VOLUNTARY PREPAYMENTS BY TYPE OF LOANS AND ORDER OF MATURITY. Any voluntary prepayments pursuant to subsection 2.4B(i) shall be applied as specified by the applicable Borrower in the applicable notice of prepayment; provided PROVIDED that in the event Company Borrower fails to specify the Loans of Company to which any such prepayment shall be applied, such prepayment shall be applied first FIRST to repay outstanding Swing Line Term Loans to the full extent thereof, second thereof and SECOND to repay outstanding Revolving Loans to the full extent thereof, and third to repay outstanding Term Loans to the full extent thereof. Any voluntary prepayment prepayments of any Borrower's the Term Loans pursuant to subsection 2.4B(i) shall be applied to prepay the Tranche A Term Loans, and, in the case of Company, Loans and the Tranche B Term Loans and/or on a pro rata basis (in accordance with the Tranche C Term Loans in the manner specified by such Borrower respective outstanding principal amounts thereof) and to reduce the scheduled installments of principal of the Tranche A Term Loans and, in the case of Company, the and Tranche B Term Loans and/or the Tranche C Term Loans set forth in subsections 2.4A(i), ) and 2.4A(ii) and/or 2.4A(iii)on a pro rata basis (in accordance with the respective outstanding principal amounts thereof) to each scheduled installment of principal of the Tranche A Term Loans or the Tranche B Term Loans, as the case may be, set forth in subsection 2.4A(i) or 2.4A(ii), respectively, that is unpaid at the time of such order as such Borrower shall directprepayment.

Application of Prepayments. (a) Application of Voluntary Prepayments by Type of Loans and Order of MaturityAPPLICATION OF VOLUNTARY PREPAYMENTS BY TYPE OF LOAN AND ORDER OF MATURITY. Any voluntary prepayments pursuant to subsection 2.4B(i) shall be applied as specified by the applicable Borrower Borrowers in the applicable notice of prepayment; provided PROVIDED that in the event Company fails the Borrowers fail to specify the Loans of Company to which any such prepayment shall be applied, such prepayment shall be applied first to repay outstanding Swing Line Loans to the full extent thereof, second FIRST to repay outstanding Revolving Loans to the full extent thereof, thereof on a pro rata basis and third SECOND to repay outstanding Term Loans on a pro rata basis. (b) APPLICATION OF MANDATORY PREPAYMENTS BY TYPE OF LOANS. Any amount (the "APPLIED AMOUNT") required to be applied as a mandatory prepayment of the Term Loans pursuant to subsections 2.4B(iii)(a)-(e), (g) or (h) shall be applied to FIRST prepay the Term Loans on a pro rata basis to the full extent thereof and SECOND, to the extent of any remaining portion of the Applied Amount, to prepay the Revolving Loans to the full extent thereof. Any voluntary prepayment of any Borrower's Term Loans pursuant to subsection 2.4B(i) shall be applied to prepay the Tranche A Term Loans, and, in the case of Company, the Tranche B Term Loans and/or the Tranche C Term Loans in the manner specified by such Borrower and to reduce the scheduled installments of principal of the Tranche A Term Loans and, in the case of Company, the Tranche B Term Loans and/or the Tranche C Term Loans set forth in subsections 2.4A(i), 2.4A(ii) and/or 2.4A(iii), as the case may be, in such order as such Borrower shall direct.

Application of Prepayments. (a) Application of Voluntary Prepayments by Type of Loans and Order of Maturity. Any voluntary prepayments pursuant to subsection 2.4B(i) shall be applied as specified by the applicable Borrower Company in the applicable notice of prepayment; provided that in the event Company fails to specify the Loans of Company to which any such prepayment shall be applied, such prepayment shall be applied first first, to repay outstanding Swing Line Loans to the full extent thereof, second second, to repay outstanding Revolving Loans to the full extent thereofthereof and third, and third to repay outstanding Term Loans to the full extent thereof. Any voluntary prepayment prepayments of any Borrower's the Term Loans pursuant to subsection 2.4B(i) shall be applied to prepay the Tranche A Term Loans, and, in the case of Company, Loans and the Tranche B Term Loans and/or on a pro rata basis (in accordance with the Tranche C Term Loans in the manner specified by such Borrower respective outstanding principal amounts thereof) and to reduce the scheduled installments of principal of the Tranche A Term Loans and, in the case of Company, the and Tranche B Term Loans and/or the Tranche C Term Loans set forth in subsections 2.4A(i) and 2.4A(ii), 2.4A(iirespectively, in forward chronological order with respect to installments due during the immediately succeeding twelve months and thereafter on a pro rata basis (in accordance with the respective outstanding principal amounts thereof) and/or 2.4A(iii)to each remaining scheduled installment of principal of the Tranche A Term Loans or the Tranche B Term Loans, as the case may be, set forth in such order as such Borrower shall directsubsection 2.4A(i) or 2.4A(ii), respectively.

Application of Prepayments. (a) Application of Voluntary Prepayments by Type of Loans and Order of MaturityAPPLICATION OF VOLUNTARY PREPAYMENTS BY TYPE OF LOANS AND ORDER OF MATURITY. Any voluntary prepayments pursuant to subsection 2.4B(i) shall be applied to the Loans as specified by the applicable Borrower Company in the applicable notice of prepayment; provided PROVIDED that in the event Company fails to specify the Loans of Company to which any such prepayment shall be applied, such prepayment shall be applied first FIRST to repay outstanding Swing Line Loans to the full extent thereof, second to repay outstanding Revolving Loans to the full extent thereof, and third SECOND to repay outstanding Term Loans to the full extent thereof and THIRD to repay outstanding Acquisition Loans to the full extent thereof and FOURTH to repay outstanding Working Capital Loans to the full extent thereof. Any voluntary prepayment prepayments of any Borrower's the Term Loans pursuant to subsection 2.4B(i) (whether the application thereof is specified by Company or not) shall be applied to prepay the Tranche A Term Loans, and, in the case of Company, the Tranche B Term Loans and/or and the Tranche C Term Loans on a pro rata basis (in accordance with the manner specified by such Borrower respective outstanding principal amounts thereof) and to reduce the scheduled installments of principal of the Tranche A Term Loans and, in the case of CompanyLoans, the Tranche B Term Loans and/or and the Tranche C Term Loans set forth in subsections subsection 2.4A(i), 2.4A(ii) and/or and 2.4A(iii), as the case may be, ) in such forward order as such Borrower shall directof maturity.

Application of Prepayments. (a) Application of Voluntary Prepayments by Type of Loans and Order of MaturityAPPLICATION OF VOLUNTARY PREPAYMENTS BY TYPE OF LOANS AND ORDER OF MATURITY. Any voluntary prepayments pursuant to subsection 2.4B(i) shall be applied as specified by the applicable Borrower in the applicable notice of prepayment; provided that in the event Company Borrower fails to specify the Loans of Company to which any such prepayment shall be applied, such prepayment shall be applied first FIRST to repay outstanding Swing Line Loans to the full extent thereof, second SECOND to repay outstanding Revolving Loans to the full extent thereof, thereof and third THIRD to repay outstanding Term Loans to the full extent thereof. Any voluntary prepayment prepayments of any Borrower's the Term Loans pursuant to subsection 2.4B(i) shall be applied to prepay the Tranche A Term Loans, and, in the case of Company, the Tranche B Term Loans and/or the Tranche C Term Loans in the manner specified by such Borrower and to reduce the scheduled installments of principal of the Tranche A Term Loans and, in the case of Company, the Tranche B Term Loans and/or the Tranche C Term Loans set forth in subsection 2.4A(i) on a PRO RATA basis. (b) APPLICATION OF MANDATORY PREPAYMENTS (OTHER THAN ECF SWEEP AMOUNT) BY TYPE OF LOANS. Any amount (the "APPLIED AMOUNT") required to be applied as a mandatory prepayment of the Loans and/or a reduction of the Revolving Loan Commitments pursuant to subsections 2.4A(i2.4B(iii)(a), 2.4A(ii) and/or 2.4A(iii(b), as (c), (e), (f) and (g) shall be applied FIRST, to prepay, on a pro rata basis, the case may be, in such order as such Borrower shall direct.remaining scheduled amortization