Common use of Allocation of Partial Prepayments Clause in Contracts

Allocation of Partial Prepayments. In the case of each partial prepayment of the Notes of any series pursuant to Section 8.2 or Section 8.3 hereof, the principal amount of the Notes of such series to be prepaid shall be allocated among all of the Notes of such series at the time outstanding in proportion, as nearly as reasonably practicable, to the respective unpaid principal amounts thereof not theretofore called for prepayment. All partial prepayments or purchases made pursuant to Section 8.6(b), Section 8.8 or Section 8.9 shall be applied only to the Notes of the holders who have elected to participate in such prepayment or purchase.

Appears in 4 contracts

Sources: Note Purchase Agreement (New Jersey Resources Corp), Note Purchase Agreement (New Jersey Resources Corp), Note Purchase Agreement (New Jersey Resources Corp)

Allocation of Partial Prepayments. In the case of each partial prepayment of the Notes of any series pursuant to Section 8.2 or Section 8.3 hereof, the principal amount of the Notes of such any series to be prepaid shall be allocated among all of the Notes of such series at the time outstanding in proportion, as nearly as reasonably practicable, to the respective unpaid principal amounts thereof not theretofore called for prepayment. All partial prepayments or purchases made pursuant to Section 8.6(b), Section 8.8 or Section 8.9 shall be applied only to the Notes of the holders who have elected to participate in such prepayment or purchase.

Appears in 3 contracts

Sources: Note Purchase Agreement (New Jersey Resources Corp), Note Purchase Agreement (New Jersey Resources Corp), Note Purchase Agreement (New Jersey Resources Corp)

Allocation of Partial Prepayments. In the case of each partial prepayment of the Notes of any series Series pursuant to Section 8.2 or Section 8.3 hereof, the principal amount of the Notes of such series Series to be prepaid shall be allocated among all of the Notes of such series Series at the time outstanding in proportion, as nearly as reasonably practicable, to the respective unpaid principal amounts thereof not theretofore called for prepayment. All partial prepayments or purchases made pursuant to Section 8.6(b), Section 8.8 or Section 8.9 8.5(b) shall be applied only to the Notes of the holders who have elected to participate in such prepayment or purchaseprepayment.

Appears in 2 contracts

Sources: Shelf Note Purchase Agreement (New Jersey Resources Corp), Shelf Note Purchase Agreement (New Jersey Resources Corp)

Allocation of Partial Prepayments. In the case of each partial prepayment of the Notes of any series pursuant to Section 8.2 or Section 8.3 hereof8.2, the principal amount of the Notes of such any series to be prepaid shall be allocated pro rata among all of the Notes of such series of the Notes being prepaid at the such time outstanding in proportion, as nearly as reasonably practicable, to the respective unpaid principal amounts thereof not theretofore called for prepayment. All partial prepayments or purchases made pursuant to Section 8.6(b), Section 8.8 or Section 8.9 8.3 shall be applied only to the Notes of the holders who have elected to participate in such prepayment or purchaseprepayment.

Appears in 2 contracts

Sources: Note Purchase Agreement, Note Purchase Agreement

Allocation of Partial Prepayments. In the case of each partial prepayment of the Notes of any series pursuant to Section 8.2 or Section 8.3 hereof, the principal amount of the Notes of such series to be prepaid shall be allocated among all of the Notes of such each series at the time outstanding in proportion, as nearly as reasonably practicable, to the respective unpaid principal amounts thereof not theretofore called for prepayment. All partial prepayments or purchases made pursuant to Section 8.6(b), Section 8.8 ) or Section 8.9 8.8(a) shall be applied only to the Notes of the holders who have elected to participate in such prepayment or purchase.

Appears in 2 contracts

Sources: Note Purchase Agreement (New Jersey Resources Corp), Note Purchase Agreement (New Jersey Resources Corp)

Allocation of Partial Prepayments. In the case of each partial prepayment of the Notes of any series pursuant to Section 8.2 or Section 8.3 hereof8.2, the principal amount of the Notes of such series to be prepaid shall be (a) allocated among each Series of Notes in proportion to the aggregate unpaid principal amount of each such Series of Notes, and (b) allocated pro rata among all of the holders of each Series of Notes of such series at the time outstanding in proportion, as nearly as reasonably practicable, to accordance with the respective unpaid principal amounts thereof not theretofore called for prepaymentamount thereof. All partial prepayments or purchases made pursuant to Section 8.6(b), Section 8.8 or Section 8.9 8.3 shall be applied only to the Notes of the holders who have elected to participate in such prepayment or purchaseprepayment.

Appears in 1 contract

Sources: Note Purchase Agreement (Nordson Corp)

Allocation of Partial Prepayments. In the case of each any partial prepayment of the Notes of any series Series pursuant to Section 8.2 8.1 or Section 8.3 hereof8.2, the principal amount of the Notes of such series Series to be prepaid shall be allocated among all of the Notes of such series Series at the time outstanding in proportion, as nearly as reasonably practicable, to the respective unpaid principal amounts thereof not theretofore called for prepayment. All partial prepayments or purchases made pursuant to Section 8.6(b), Section 8.8 8.3 or Section 8.9 8.4 shall be applied only to the Notes of the holders who have elected not rejected the offer to participate in such prepayment or purchaseprepay made thereunder.

Appears in 1 contract

Sources: Private Shelf Agreement (Oceaneering International Inc)

Allocation of Partial Prepayments. In the case of each partial prepayment of the Notes of any series pursuant to Section 8.2 or Section 8.3 hereof8.2, the principal amount of the Notes of such series to be prepaid shall be allocated pro rata among all of the holders of each of the Notes of such series at the time outstanding in proportion, as nearly as reasonably practicable, to the respective unpaid principal amounts thereof not theretofore called for prepayment. All partial prepayments or purchases made pursuant to Section 8.6(b), Section 8.8 or Section 8.9 8.3 shall be applied only to the Notes of the holders who have elected to participate in such prepayment or purchaseprepayment.

Appears in 1 contract

Sources: Note Purchase Agreement (Fuller H B Co)

Allocation of Partial Prepayments. In the case of each partial prepayment of the Notes of any series pursuant to Section 8.2 or Section 8.3 hereof, the principal amount of the Notes of such series to be prepaid shall be allocated among all of the Notes of such series at the time outstanding in proportion, as nearly as reasonably practicable, to the respective unpaid principal amounts thereof not theretofore called for prepayment. All partial prepayments or purchases made pursuant to Section 8.6(b), Section 8.8 or Section 8.9 shall be applied only to the Notes of the holders who have elected to participate in such prepayment or purchase.

Appears in 1 contract

Sources: Note Purchase Agreement (New Jersey Resources Corp)