Common use of Allocation of Partial Redemptions Clause in Contracts

Allocation of Partial Redemptions. In the case of each partial redemption of the Notes, the principal amount of the Notes to be redeemed 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 redemption.

Appears in 3 contracts

Samples: Note Agreement (Primerica, Inc.), Note Agreement (Primerica, Inc.), Santander Bancorp

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Allocation of Partial Redemptions. In the case of each partial redemption of the Notesredemption, the principal amount of the Notes to be redeemed 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 redemption, with adjustments, to the extent practicable, to compensate for any prior redemptions not made exactly in such proportion.

Appears in 3 contracts

Samples: Note Purchase Agreement (Mortgage Com Inc), Note Purchase Agreement (Mortgage Com Inc), Note Purchase Agreement (Mortgage Com Inc)

Allocation of Partial Redemptions. In the case of each partial redemption of the NotesNotes pursuant to Section 3.09, the principal amount of the Notes to be redeemed 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 redemption.

Appears in 3 contracts

Samples: Subordination Agreement (Cheniere Corpus Christi Holdings, LLC), Subordination Agreement (Cheniere Corpus Christi Holdings, LLC), Subordination Agreement (Cheniere Corpus Christi Holdings, LLC)

Allocation of Partial Redemptions. In the case of each partial redemption of less than all of the Notesoutstanding Notes pursuant to this Section 7.1, the principal amount of the Notes to shall be redeemed 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 redemption, with adjustments, to the extent practicable, to compensate for any prior redemptions not made exactly in such proportion.

Appears in 1 contract

Samples: Note Purchase Agreement (Dixie Group Inc)

Allocation of Partial Redemptions. In the case of each partial redemption of the Notes, the principal amount of the Notes to be redeemed 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 redemption.

Appears in 1 contract

Samples: Note Purchase Agreement (Omnipoint Corp \De\)

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Allocation of Partial Redemptions. In the case of each partial redemption of the NotesNotes pursuant to Section 8.2, the principal amount of the Notes to be redeemed 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 redemptionthereof.

Appears in 1 contract

Samples: Mav Transaction Agreement (Ocwen Financial Corp)

Allocation of Partial Redemptions. In the case of each partial redemption (except a redemption pursuant to Section 9.03 of the Notes held by some but not all holders of the Notes), the principal amount of the Notes to be redeemed 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 redemption, with adjustments, to the extent practicable, to compensate for any prior redemptions not made exactly in such proportion.

Appears in 1 contract

Samples: Transfer Restriction Agreement (Telebanc Financial Corp)

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