The Borrowers shall notify the Administrative Agent by electronic transmission of any prepayment hereunder, not later than 11:00 a.m. with respect to Loans bearing interest at the Adjusted LIBO Rate, three (3) Business Days before the date of prepayment, and with respect to Loans bearing interest at the Alternate Base Rate, one (1) Business Day before the date of prepayment (or, in each case, such later date as may be agreed by the Administrative Agent). Each such notice shall be irrevocable and shall specify the prepayment date, the principal amount of each Borrowing or portion thereof to be prepaid and, in the case of a mandatory prepayment, a reasonably detailed calculation of the amount of such prepayment; provided that, a notice of prepayment may state that such notice is conditioned upon the effectiveness of other credit facilities or alternative financing, in which case such notice may be revoked without penalty, but subject to Section 2.18 , prior to the specified termination date if such condition is not satisfied. Promptly following receipt of any such notice relating to a Borrowing, the Administrative Agent shall advise the relevant Lenders of the contents thereof. Each prepayment of a Borrowing shall be applied ratably to the Loans included in the prepaid Borrowing. Prepayments shall be accompanied by accrued interest to the extent required by Section 2.14 and any amount required by Section 2.18 and shall be applied in the manner specified in Section 2.11(b) .