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 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 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
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
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 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)