OR CONVERTED ONLY ON THE LAST DAY OF AN INTEREST PERIOD FOR SUCH
EURODOLLAR RATE LOAN.
DURING THE EXISTENCE OF A DEFAULT, NO LOANS MAY BE
REQUESTED AS, CONVERTED TO OR CONTINUED AS EURODOLLAR RATE LOANS WITHOUT THE
CONSENT OF THE LENDERS HOLDING MORE THAN 50% OF THE OUTSTANDING LOANS.
(D)
THE ADMINISTRATIVE AGENT SHALL PROMPTLY NOTIFY THE BORROWERS AND
THE LENDERS FUNDING SUCH LOANS OF THE INTEREST RATE APPLICABLE TO ANY INTEREST
PERIOD FOR EURODOLLAR RATE LOANS UPON DETERMINATION OF SUCH INTEREST RATE.
AT
ANY TIME THAT BASE RATE LOANS ARE OUTSTANDING, THE ADMINISTRATIVE AGENT SHALL
NOTIFY THE BORROWERS AND THE LENDERS HOLDING SUCH LOANS OF ANY CHANGE IN BANK OF
AMERICA'S PRIME RATE USED IN DETERMINING THE BASE RATE PROMPTLY FOLLOWING THE
PUBLIC ANNOUNCEMENT OF SUCH CHANGE.
(E)
AFTER GIVING EFFECT TO ALL LOANS, ALL CONVERSIONS OF LOANS FROM
ONE TYPE TO THE OTHER, AND ALL CONTINUATIONS OF LOANS AS THE SAME TYPE, THERE
SHALL NOT BE MORE THAN TEN INTEREST PERIODS IN EFFECT WITH RESPECT TO THE LOANS.
2.03
[Reserved]
2.04
[Reserved]
2.05
Prepayments.
(A)
THE BORROWERS MAY, UPON NOTICE TO THE ADMINISTRATIVE AGENT, AT ANY
TIME VOLUNTARILY PREPAY LOANS IN WHOLE OR IN PART IN ACCORDANCE WITH SECTION
2.05(B); PROVIDED THAT (I) SUCH NOTICE MUST BE RECEIVED BY THE ADMINISTRATIVE
AGENT NOT LATER THAN 11:00 A.M. (A) THREE BUSINESS DAYS PRIOR TO ANY DATE OF
PREPAYMENT OF EURODOLLAR RATE LOANS AND (B) ON THE DATE OF PREPAYMENT OF BASE
RATE LOANS; (II) ANY PREPAYMENT OF EURODOLLAR RATE LOANS SHALL BE IN A PRINCIPAL
AMOUNT OF $2,000,000 OR A WHOLE MULTIPLE OF $1,000,000 IN EXCESS THEREOF; AND
(III) ANY PREPAYMENT OF BASE RATE LOANS SHALL BE IN A PRINCIPAL AMOUNT OF
$100,000 OR A WHOLE MULTIPLE OF $100,000 IN EXCESS THEREOF OR, IN EACH CASE, IF
LESS, THE ENTIRE PRINCIPAL AMOUNT THEREOF THEN OUTSTANDING.
EACH SUCH NOTICE
SHALL SPECIFY THE DATE AND AMOUNT OF SUCH PREPAYMENT AND THE TYPE(S) OF LOANS TO
BE PREPAID.
THE ADMINISTRATIVE AGENT WILL PROMPTLY NOTIFY EACH LENDER OF ITS
RECEIPT OF EACH SUCH NOTICE, AND OF THE AMOUNT OF SUCH LENDER'S PRO RATA SHARE
OF SUCH PREPAYMENT.
46
IF SUCH NOTICE IS GIVEN BY THE BORROWERS, THE BORROWERS SHALL MAKE SUCH
PREPAYMENT AND THE PAYMENT AMOUNT SPECIFIED IN SUCH NOTICE SHALL BE DUE AND
PAYABLE ON THE DATE SPECIFIED THEREIN.
ANY PREPAYMENT OF A EURODOLLAR RATE LOAN
SHALL BE ACCOMPANIED BY ALL ACCRUED INTEREST ON THE AMOUNT PREPAID, TOGETHER
WITH ANY ADDITIONAL AMOUNTS REQUIRED PURSUANT TO SECTION 3.05.
EACH SUCH
PREPAYMENT SHALL BE APPLIED TO THE LOANS IN ACCORDANCE WITH EACH LENDER'S
RESPECTIVE PRO RATA SHARE.
ONCE PREPAID, LOANS MAY NOT BE REBORROWED.
(B)
IF CCR ELECTS TO MAKE A REPAYMENT IN ACCORDANCE WITH SECTION
2.05(A), SUCH REPAYMENT SHALL INCLUDE ACCRUED INTEREST TO THE PREPAYMENT DATE
AND A PREPAYMENT FEE, WHICH SHALL BE EQUAL TO (I) 102% OF THE PRINCIPAL AMOUNT
OF THE LOANS BEING PREPAID, IF SUCH PREPAYMENT IS MADE AFTER THE EFFECTIVE DATE
AND ON OR PRIOR TO THE