Common use of Application of Prepayments Clause in Contracts

Application of Prepayments. Any prepayment of any part of the Loan (other than a prepayment pursuant to Clause 7.1 (Illegality and Sanctions affecting a Lender)) or Clause 7.5 (Right of repayment and cancellation in relation to a single Lender) shall be applied pro rata to each Lender's participation in that part of the Loan.

Appears in 2 contracts

Samples: Banks and Financial Institutions (Okeanis Eco Tankers Corp.), Banks and Financial Institutions (Okeanis Eco Tankers Corp.)

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Application of Prepayments. Any prepayment of any part of the Loan (other than a prepayment pursuant to Clause 7.1 (Illegality and Sanctions affecting a Lender)Illegality) or Clause 7.5 7.4 (Right of cancellation and repayment and cancellation in relation to a single Lender) or Clause 9.9 (Application of prepayments)) shall be applied pro rata to each Lender's ’s participation in that part of the Loan.

Appears in 2 contracts

Samples: Facility Agreement (Baring Asia Private Equity Fund v Co-Investment L.P.), Facility Agreement (Giant Interactive Group Inc.)

Application of Prepayments. Any prepayment of any part of the Loan (other than a prepayment pursuant to Clause 7.1 (Illegality and Sanctions affecting a Lender)Illegality) or Clause 7.5 7.4 (Right of cancellation and repayment and cancellation in relation to a single Lender) or sub-paragraph (B) of paragraph (a) of Clause 37.6 (Replacement of Lender)) shall be applied pro rata to each Lender's ’s participation in that part of the Loan.

Appears in 2 contracts

Samples: Intercreditor Agreement (WuXi PharmaTech (Cayman) Inc.), Intercreditor Agreement (WuXi PharmaTech (Cayman) Inc.)

Application of Prepayments. (a) Any prepayment of any part of the Loan (other than a prepayment pursuant to Clause 7.1 (Illegality Illegality) and Sanctions affecting a Lender)) or Clause 7.5 (Right of repayment and cancellation in relation to a single Lender) shall be applied pro rata rata, including but not limited prepayments made under Clause 7.3 (Voluntary prepayment of Loan) and Clause 7.4 (Mandatory prepayment on Sale or Total Loss) to each Lender's ’s participation in that part of the Loan.

Appears in 2 contracts

Samples: Assignment Agreement (Global Ship Lease, Inc.), Junior Facility Agreement (Global Ship Lease, Inc.)

Application of Prepayments. Any prepayment of any part of the Loan (other than a prepayment pursuant to Clause 7.1 (Illegality and Sanctions affecting a Lender)) or Clause 7.5 7.6 (Right of repayment and cancellation in relation to a single Lender) shall be applied pro rata to each Lender's ’s participation in that part of the Loan.

Appears in 2 contracts

Samples: Facility Agreement (Navios Maritime Partners L.P.), Facility Agreement (Navios Maritime Partners L.P.)

Application of Prepayments. Any prepayment of any part of the a Loan (other than a prepayment pursuant to Clause 7.1 9.1 (Illegality and Illegality), Clause 9.2 (Sanctions affecting a Lender)Prepayment Events) or Clause 7.5 8.3 (Right of cancellation and repayment and cancellation in relation to a single Lender)) shall be applied pro rata to each Lender's participation in that part of the Loan.

Appears in 2 contracts

Samples: Intercreditor Agreement (CorpAcq Group PLC), Intercreditor Agreement (CorpAcq Group PLC)

Application of Prepayments. Any prepayment of any part of the a Loan (other than a prepayment pursuant to Clause 7.1 (Illegality and Sanctions affecting a Lender)Illegality) or Clause 7.5 7.4 (Right of cancellation and repayment and cancellation in relation to a single Lender)) shall be applied pro rata to each Lender's ’s participation in that part of the Loan.

Appears in 2 contracts

Samples: Facilities Agreement (Igate Corp), Facilities Agreement (Igate Corp)

Application of Prepayments. Any prepayment of any part of the a Loan (other than a prepayment to a single Lender pursuant to Clause 7.1 (Illegality and Sanctions affecting a LenderIllegality), Clause 7.2 (Change of control) or Clause 7.5 7.6 (Right of replacement or repayment and cancellation in relation to a single Lender) shall be applied pro rata to each Lender's participation in that part of the Loan.

Appears in 1 contract

Samples: Facilities Agreement

Application of Prepayments. Any prepayment of any part of the a Loan (other than a prepayment pursuant to Clause 7.1 9.1 (Illegality and Sanctions affecting a Lender)Illegality) or Clause 7.5 9.8 (Right of cancellation and repayment and cancellation in relation to a single Lender)) shall be applied pro rata to each Lender's ’s participation in that part of the Loan.

Appears in 1 contract

Samples: Facility Agreement (InterXion Holding N.V.)

Application of Prepayments. Any prepayment of any part of the a Loan (other than a prepayment pursuant to Clause 7.1 clause 9.1 (Illegality and Sanctions affecting a Lender)Illegality) or Clause 7.5 clause 9.7 (Right of cancellation and repayment and cancellation in relation to a single Lender)) shall be applied pro rata to each Lender's participation in that part of the Loan.

Appears in 1 contract

Samples: mcsaatchiplc.com

Application of Prepayments. Any prepayment of any part of the Loan (other than a prepayment pursuant to Clause 7.1 (Illegality and Sanctions affecting a Lender)) or Clause 7.5 7.7 (Right of repayment and cancellation in relation to a single Lender)) shall be applied pro rata to each Lender's ’s participation in that part of the Loan.

Appears in 1 contract

Samples: Agreement (Navios Maritime Partners L.P.)

Application of Prepayments. Any prepayment of any part of the Loan (other than a prepayment pursuant to Clause 7.1 (Illegality and Sanctions affecting a LenderIllegality)) or Clause 7.5 7.10 (Right of repayment and cancellation in relation to a single Lender) shall be applied pro rata to each Lender's ’s participation in that part of the Loan.

Appears in 1 contract

Samples: Facility Agreement (Navios Maritime Partners L.P.)

Application of Prepayments. Any prepayment of any part of the Loan (other than a prepayment pursuant to Clause 7.1 (Illegality and Sanctions affecting a Lender)Illegality) or Clause 7.5 7.6 (Right of repayment and cancellation in relation to a single Lender)) shall be applied pro rata to each Lender's participation in that part of the Loan.

Appears in 1 contract

Samples: Facility Agreement (Globus Maritime LTD)

Application of Prepayments. Any prepayment of any part of the Loan (other than a prepayment pursuant to Clause 7.1 (Illegality and Sanctions affecting a Lender)) or Clause 7.5 (Right of repayment and cancellation in relation to a single Lender) shall be applied pro rata to each Lender's participation in that part of the Loan.

Appears in 1 contract

Samples: Assignment Agreement (Euroseas Ltd.)

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Application of Prepayments. Any prepayment of any part of the Loan (other than a prepayment pursuant to Clause 7.1 (Illegality and Sanctions Laws affecting a Lender)) or Clause 7.5 7.7 (Right of replacement or repayment and cancellation in relation to a single Lender) shall be applied pro rata to each Lender's ’s participation in that part of the Loan.

Appears in 1 contract

Samples: Facility Agreement (Navios Maritime Partners L.P.)

Application of Prepayments. Any prepayment of any part of the Loan (other than a prepayment pursuant to Clause 7.1 (Illegality and Sanctions affecting a Lender)) or Clause 7.5 7.6 (Right of repayment and cancellation in relation to a single Lender)) shall be applied pro rata to each Lender's ’s participation in that part of the Loan.

Appears in 1 contract

Samples: Facility Agreement (Navios Maritime Partners L.P.)

Application of Prepayments. Any prepayment of any part of the a Loan (other than a prepayment pursuant to Clause 7.1 (Illegality and Sanctions affecting a Lender)Illegality) or Clause 7.5 7.4 (Right of cancellation and repayment and cancellation in relation to a single Lender)) shall be applied pro rata to each Lender's participation in that part of the Loan.

Appears in 1 contract

Samples: Facilities Agreement (Lesaka Technologies Inc)

Application of Prepayments. Any prepayment of any part of the Loan (other than a prepayment pursuant to Clause 7.1 (Illegality and Sanctions affecting a Lender)Illegality) or Clause 7.5 7.7 (Right of replacement or repayment and cancellation in relation to a single Lender)) shall be applied pro rata to each Lender's participation in that part of the Loan.

Appears in 1 contract

Samples: Agreement (Okeanis Eco Tankers Corp.)

Application of Prepayments. Any prepayment of any part of the Loan (other than a prepayment pursuant to Clause 7.1 (Illegality and Sanctions affecting a Lender)Illegality) or Clause 7.5 7.6 (Right of replacement or repayment and cancellation in relation to a single Lender)) shall be applied pro rata to each Lender's ’s participation in that part of the Loan.

Appears in 1 contract

Samples: Assignment Agreement (Castor Maritime Inc.)

Application of Prepayments. Any prepayment of any part of the a Loan under a Facility (other than a prepayment pursuant to Clause 7.1 (Illegality and Sanctions affecting a LenderIllegality)) or , Clause 7.5 7.4 (Right of cancellation and repayment and cancellation in relation to a single Lender) or paragraph (c) of Clause 8.1 (Exit and Flotation)) shall be applied pro rata to each Lender's ’s participation in that part of the such Loan.

Appears in 1 contract

Samples: Facilities Agreement (RISE Education Cayman LTD)

Application of Prepayments. Any prepayment of any part of the Loan (other than a prepayment pursuant to Clause 7.1 (Illegality and Sanctions affecting a Lender)) or Clause 7.5 7.6 (Right of repayment and cancellation in relation to a single Lender)) shall be applied pro rata to each Lender's participation in that part of the Loan.

Appears in 1 contract

Samples: Facility Agreement (Navios South American Logistics Inc.)

Application of Prepayments. Any prepayment of any part of the a Loan (other than a prepayment pursuant to Clause 7.1 10.1 (Illegality and Sanctions affecting a Lender)Illegality) or Clause 7.5 10.5 (Right of cancellation and repayment and cancellation in relation to a single Lender)) shall be applied pro rata to each Lender's ’s participation in that part of the Loan.

Appears in 1 contract

Samples: Senior Facilities Agreement (OpSec Holdings)

Application of Prepayments. Any prepayment of any part of the Loan (other than a prepayment pursuant to Clause 7.1 (Illegality and Sanctions affecting a Lender)Illegality) or Clause 7.5 7.6 (Right of replacement or repayment and cancellation in relation to a single Lender)) shall be applied pro rata to each Lender's participation in that part of the Loan.

Appears in 1 contract

Samples: Assignment Agreement (Taylor Maritime Investments LTD)

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