Common use of Allocation of Partial Prepayments Clause in Contracts

Allocation of Partial Prepayments. In the case of each partial prepayment of the Notes, the principal amount of the Notes to be prepaid shall be allocated among all of the Notes at the time outstanding in proportion, as nearly as practicable, to the respective unpaid principal amounts thereof not theretofore called for prepayment. Each partial prepayment pursuant to Section 8.2 shall be applied first to the payment due on such Notes at final maturity and thereafter to any required prepayments on such Notes, in inverse order of maturity.

Appears in 1 contract

Sources: Note Purchase Agreement (Northwest Pipe Co)

Allocation of Partial Prepayments. In the case of each partial prepayment of the NotesNotes pursuant to Section 8.2, the principal amount of the Notes to be prepaid shall be allocated among all of the Notes Series of Notes, pro rata, at the time outstanding in proportion, as nearly as practicable, to the respective unpaid principal amounts thereof not theretofore called for prepayment. Each partial prepayment pursuant to Section 8.2 shall be applied first to the payment due on such Notes at final maturity and thereafter to any required prepayments on such Notes, in inverse order of maturityprepaid.

Appears in 1 contract

Sources: Note Purchase and Guarantee Agreement (Resortquest International Inc)

Allocation of Partial Prepayments. In the case of each partial prepayment of the Notes, the principal amount of the Notes to be prepaid shall be allocated among all of the Notes at the time outstanding in proportion, as nearly as practicable, to the respective unpaid principal amounts thereof not theretofore called for prepayment. Each such partial prepayment pursuant to Section 8.2 shall be applied first to the payment due on such Notes at final maturity and thereafter to any required prepayments on such Notes, in inverse order of maturity.

Appears in 1 contract

Sources: Note Assumption and Exchange Agreement (Andrew Corp)

Allocation of Partial Prepayments. In the case of each partial prepayment of the Notes, the principal amount of the Notes to be prepaid shall be allocated among all of the Notes at the time outstanding in proportion, as nearly as practicable, to the respective unpaid principal amounts thereof not theretofore called for prepayment. Each partial prepayment pursuant to Section 8.2 shall be applied first to the payment due on such Notes at final maturity and thereafter to any required prepayments on such Notes, in inverse order of maturity.24

Appears in 1 contract

Sources: Note Purchase Agreement (Belden Inc)

Allocation of Partial Prepayments. In the case of each partial prepayment of the Notes, the principal amount of the Notes to be prepaid shall be allocated pro rata among all of the Notes at the time outstanding in proportion, as nearly as practicable, to the respective unpaid principal amounts thereof not theretofore called for prepayment. Each partial prepayment pursuant to Section 8.2 shall be applied first to the payment due on such Notes at final maturity and thereafter to any required prepayments on such Notes, in inverse order of maturity.

Appears in 1 contract

Sources: Note Purchase Agreement (Globix Corp)

Allocation of Partial Prepayments. In the case of each partial prepayment of the Notes, the principal amount of the Notes to be prepaid shall be allocated among all of the Notes at the time outstanding outstanding, pro rata, in proportion, as nearly as practicable, to the respective unpaid principal amounts thereof not theretofore called for prepayment. Each partial prepayment pursuant to Section 8.2 shall be applied first to the payment due on such Notes at final maturity and thereafter to any required prepayments on such Notes, in inverse order of maturity.

Appears in 1 contract

Sources: Note Purchase Agreement (Merrill Corp)

Allocation of Partial Prepayments. In the case of each partial prepayment of the NotesNotes under Subsection 9.2, the principal amount of the Notes to be prepaid shall be allocated among all of the Notes at the time outstanding (other than any Notes owned directly or indirectly by the Companies or any of their Subsidiaries or Affiliates) in proportion, as nearly as practicable, to the respective unpaid principal amounts thereof not theretofore called for prepayment. Each partial prepayment pursuant to Section 8.2 shall be applied first to the payment due on such Notes at final maturity and thereafter to any required prepayments on such Notes, in inverse order of maturity.

Appears in 1 contract

Sources: Note Purchase Agreement (Rio Grande Inc /De/)

Allocation of Partial Prepayments. In the case of each partial prepayment of the NotesNotes pursuant to Section 8.1 or Section 8.2, the principal amount of the Notes to be prepaid shall be allocated among all of the Notes at the time outstanding in proportion, as nearly as practicable, to the respective unpaid principal amounts thereof not theretofore called for prepayment. Each partial prepayment pursuant to Section 8.2 shall be applied first to the payment due on such Notes at final maturity and thereafter to any required prepayments on such Notes, in inverse order of maturitythereof.

Appears in 1 contract

Sources: Note Purchase Agreement (Hickory Tech Corp)

Allocation of Partial Prepayments. In the case of each partial prepayment of the Notes, the principal amount and Make-Whole Amount of the Notes to be prepaid shall be allocated among all of the Notes at the time outstanding in proportion, as nearly as practicable, to the respective unpaid principal amounts thereof not theretofore called for prepayment. Each partial prepayment pursuant to Section 8.2 shall be applied first to the payment due on such Notes at final maturity and thereafter to any required prepayments on such Notes, in inverse order of maturity.

Appears in 1 contract

Sources: Note Agreement (Guilford Mills Inc)

Allocation of Partial Prepayments. In the case of each partial prepayment of Notes pursuant to the Notesprovisions of Section 8.1 or 8.2, the principal amount of the Notes to be prepaid shall be allocated among all of the Notes at the time outstanding in proportion, as nearly as practicable, to the respective unpaid principal amounts thereof not theretofore called for prepayment. Each partial prepayment pursuant to Section 8.2 shall be applied first to the payment due on such Notes at final maturity and thereafter to any required prepayments on such Notes, in inverse order of maturity.

Appears in 1 contract

Sources: Note Purchase Agreement (Woodward Governor Co)

Allocation of Partial Prepayments. In the case of each partial prepayment of the NotesNotes pursuant to Section 4.3 or Section 4.4, the principal amount of the Notes to be prepaid shall be allocated among all of the Notes at the time outstanding in proportion, as nearly as practicable, to the respective unpaid principal amounts thereof not theretofore called for prepayment. Each partial prepayment pursuant to Section 8.2 shall be applied first to the payment due on such Notes at final maturity and thereafter to any required prepayments on such Notes, in inverse order of maturityprepaid.

Appears in 1 contract

Sources: Note and Stock Purchase Agreement (Niagara Corp)

Allocation of Partial Prepayments. In the case of each partial prepayment of the Notes, the principal amount of the Notes to be prepaid shall be allocated (in integral multiples of $1,000) among all of the Notes at the time outstanding in proportion, as nearly as practicable, to the respective unpaid principal amounts thereof not theretofore called for prepayment. Each partial prepayment pursuant to Section 8.2 shall be applied first to the payment due on such Notes at final maturity and thereafter to any required prepayments on such Notes, in inverse order of maturity.

Appears in 1 contract

Sources: Senior Secured Notes Agreement (Cai Wireless Systems Inc)

Allocation of Partial Prepayments. In the case of each partial prepayment of the NotesNotes pursuant to Section 8.2, the principal amount of the Notes to be prepaid shall be allocated among all of the Notes at the time outstanding in proportion, as nearly as practicable, to the respective unpaid principal amounts thereof not theretofore called for prepayment. Each partial prepayment pursuant without distinction as to Section 8.2 shall be applied first to the payment due on such Notes at final maturity and thereafter to any required prepayments on such Notes, in inverse order of maturityseries.

Appears in 1 contract

Sources: Note Purchase Agreement (Dakota Growers Pasta Co)

Allocation of Partial Prepayments. In the case of each partial prepayment of the NotesNotes pursuant to Section 8.2 or 8.3, the principal amount of the Notes to be prepaid shall be allocated among all of the Notes at the time outstanding in proportion, as nearly as practicable, to the respective unpaid principal amounts thereof not theretofore called for prepayment. Each partial prepayment pursuant to Section 8.2 shall be applied first to the payment due on such Notes at final maturity and thereafter to any required prepayments on such Notes, in inverse order of maturity.

Appears in 1 contract

Sources: Note Purchase Agreement (Energy Network Inc)

Allocation of Partial Prepayments. In the case of each a partial prepayment of the NotesNotes pursuant to Section 8.1, the principal amount of the Notes to be prepaid shall be allocated among all of the Notes at the time outstanding in proportion, as nearly as practicable, to the respective unpaid principal amounts thereof not theretofore called for prepayment. Each partial prepayment pursuant to Section 8.2 shall be applied first to the payment due on such Notes at final maturity and thereafter to any required prepayments on such Notes, in inverse order of maturitythereof.

Appears in 1 contract

Sources: Note and Warrant Purchase Agreement (Denali Inc)

Allocation of Partial Prepayments. In the case of each partial prepayment of the NotesNotes pursuant to Section 8.2 and each purchase of Notes pursuant to Section 8.5, the principal amount of the Notes to be prepaid shall be allocated among all of the Notes at the time outstanding in proportion, as nearly as practicable, to the respective unpaid principal amounts thereof not theretofore called for prepayment. Each partial prepayment pursuant to Section 8.2 shall be applied first to the payment due on such Notes at final maturity and thereafter to any required prepayments on such Notes, in inverse order of maturity.

Appears in 1 contract

Sources: Note Purchase Agreement (Crawford & Co)