Upon the occurrence of any event triggering the prepayment requirement under clauses (i) through and including (iii) above, the Borrower shall promptly deliver a Notice of Prepayment to the Administrative Agent and upon receipt of such notice, the Administrative Agent shall promptly so notify the Lenders. Each prepayment of the Loans under this Section shall be applied as follows: first , to the next four scheduled installments of the Initial Term Loans pursuant to Section 4.3 in direct order of maturity and, thereafter, pro rata to the remaining scheduled principal installments of the Initial Term Loans pursuant to Section 4.3 ,   second , to any other Term Loans that remain outstanding and third , to the extent of any excess, to repay the Revolving Credit Loans pursuant to Section 2.4(d) , with a corresponding permanent reduction in the Revolving Credit Commitment.