Common use of Apportionment of Payments Clause in Contracts

Apportionment of Payments. (a) All payments of principal and interest in respect of outstanding Loans, all payments of fees (other than the fees set forth in Section 2.06 hereof) and all other payments in respect of any other Obligations, shall be allocated by the Administrative Agent among such of the Lenders as are entitled thereto, in proportion to their respective Pro Rata Shares or otherwise as provided herein or, in respect of payments not made on account of Loans, as designated by the Person making payment when the payment is made.

Appears in 3 contracts

Samples: Financing Agreement (Cherokee Inc), Financing Agreement (OptimizeRx Corp), Financing Agreement (Cherokee Inc)

AutoNDA by SimpleDocs

Apportionment of Payments. (a) All payments of principal and interest in respect of outstanding LoansNotes, all payments of fees (other than the fees set forth in Section 2.06 hereof) fees, and all other payments in respect of any other Obligations, Obligations shall be allocated by the Administrative Agent among such of the Lenders Purchasers as are entitled thereto, in proportion to their respective Pro Rata Shares or otherwise as provided herein or, in respect of payments not made on account of Loansthe Notes, as designated by the Person making payment when the payment is made.

Appears in 3 contracts

Samples: Note Purchase Agreement (Vanguard Car Rental Group Inc.), Note Purchase Agreement (Vanguard Car Rental Group Inc.), Note Purchase Agreement (Vanguard Car Rental Group Inc.)

Apportionment of Payments. (a) All Subject to Section 2.02 hereof:all payments of principal and interest in respect of outstanding Loans, all payments of fees (other than the fees set forth in Section 2.06 hereof) and all other payments in respect of any other Obligations, shall be allocated by the Administrative Agent among such of the Lenders as are entitled thereto, in proportion to their respective Pro Rata Shares or otherwise as provided herein or, in respect of payments not made on account of Loans, as designated by the Person making payment when the payment is made.

Appears in 2 contracts

Samples: Financing Agreement (Imperial Holdings, LLC), Financing Agreement (Imperial Holdings, LLC)

Apportionment of Payments. (a) All payments of principal and cash interest in respect of outstanding Loans, Notes and all payments of fees (other than the fees set forth in Section 2.06 hereof) and all other payments in respect of any other Obligations, shall be allocated by the Administrative Agent among such of the Lenders Holders as are entitled thereto, in proportion to their respective Pro Rata Shares or otherwise as provided herein or, in respect of payments not made on account of LoansNotes, as designated by the Person making payment when the payment is made.

Appears in 2 contracts

Samples: Securities Purchase Agreement (FriendFinder Networks Inc.), Securities Purchase Agreement (FriendFinder Networks Inc.)

Apportionment of Payments. (a) All payments of principal and cash interest in respect of outstanding Loans, Sellers’ Secured Notes and all payments of fees (other than the fees set forth in Section 2.06 hereof) and all other payments in respect of any other Obligations, shall be allocated by the Administrative Agent among such of the Lenders Holders as are entitled thereto, in proportion to their respective Pro Rata Shares shares or otherwise as provided herein or, in respect of payments not made on account of LoansSellers’ Secured Notes, as designated by the Person making payment when the payment is made.

Appears in 2 contracts

Samples: Sellers’ Securities Agreement (FriendFinder Networks Inc.), Sellers’ Securities Agreement (FriendFinder Networks Inc.)

Apportionment of Payments. (a) All payments of principal and interest in respect of outstanding Loans, Notes and all payments of fees (other than the fees set forth in Section 2.06 hereof) and all other payments in respect of any other Obligations, shall be allocated by the Administrative Agent among such of the Lenders Holders as are entitled thereto, in proportion to their respective Pro Rata Shares or otherwise as provided herein or, in respect of payments not made on account of LoansNotes, as designated by the Person making payment when the payment is made.

Appears in 2 contracts

Samples: Securities Purchase Agreement (FriendFinder Networks Inc.), Securities Purchase Agreement (FriendFinder Networks Inc.)

Apportionment of Payments. (a) All payments of principal and cash interest in respect of outstanding Loans, Notes and all payments of fees (other than the fees set forth in Section 2.06 hereof) and all other payments in respect of any other Obligations, shall be allocated by the Administrative Agent among such of the Lenders Holders as are entitled thereto, in proportion to their respective Pro Rata Shares shares or otherwise as provided herein or, in respect of payments not made on account of LoansNotes, as designated by the Person making payment when the payment is made.

Appears in 2 contracts

Samples: Securities Purchase Agreement (FriendFinder Networks Inc.), Securities Purchase Agreement (FriendFinder Networks Inc.)

Apportionment of Payments. (a) All Subject to Section 2.02 and to any written agreement among the Agents and the Lenders, all payments of principal and interest in respect of outstanding Loans, all payments of fees (other than the fees set forth in Section 2.06 hereof) and all other payments in respect of any other Obligations, shall be allocated by the Administrative Agent among such of the Lenders or the Agents as are entitled thereto, in proportion to their respective Pro Rata Shares or otherwise as provided herein or, in respect of payments not made on account of Loans, as designated by the Person making payment when the payment is made.

Appears in 1 contract

Samples: Financing Agreement (High Voltage Engineering Corp)

Apportionment of Payments. (a) All payments of principal and interest in respect of outstanding Loans, all payments of fees (other than the fees set forth in Section 2.06 hereof) and all other payments in respect of any other Obligations, shall be allocated by the Administrative Agent among such of the Lenders as are entitled thereto, in proportion to their respective Pro Rata Shares Shares, or as otherwise as provided herein or, in respect of payments not made on account of Loans, as designated by the Person making payment when the payment is madeherein.

Appears in 1 contract

Samples: Loan and Security Agreement (Taysha Gene Therapies, Inc.)

AutoNDA by SimpleDocs

Apportionment of Payments. (a) All payments of principal and interest in respect of outstanding Loans, all payments of fees (other than the fees set forth in the Fee Letter and those provided for in Section 2.06 hereof3.01) and all other payments in respect of any other Obligations, shall be allocated by the Administrative Agent among such of the Lenders as are entitled thereto, in proportion to their respective Pro Rata Shares or otherwise as provided herein or, in respect of payments not made on account of Loans, as designated by the Person making payment when the payment is made.

Appears in 1 contract

Samples: Financing Agreement (Starband Communications Inc)

Apportionment of Payments. (a) All Subject to Section 2.2 and to any written agreement among the Agent and the Lenders, all payments of principal and interest in respect of outstanding Loans, all payments of fees (other than the fees set forth in Section 2.06 hereof) and all other payments in respect of any of the other Obligations, Obligations shall be allocated by the Administrative Agent among such of the Lenders as are entitled thereto, in proportion to their respective Pro Rata Shares or otherwise as provided herein or, in respect of payments not made on account of Loans, Loans as designated by the Person making payment when the payment is made.

Appears in 1 contract

Samples: Loan Agreement (Sunterra Corp)

Apportionment of Payments. (a) All payments of principal and interest in respect of outstanding Loans, all payments of fees (other than the fees set forth in Section 2.06 hereofhereof and the audit and collateral monitoring fee provided for in Section 4.01) and all other payments in respect of any other Obligations, shall be allocated by the Administrative Agent among such of the Lenders as are entitled thereto, in proportion to their respective Pro Rata Shares or otherwise as provided herein or, in respect of payments not made on account of Loans, as designated by the Person making payment when the payment is made.

Appears in 1 contract

Samples: Credit Agreement (Cornerworld Corp)

Apportionment of Payments. (a) All payments of principal and cash interest in respect of outstanding Loans, Securities and all payments of fees (other than the fees set forth in Section 2.06 hereof) and all other payments in respect of any other Obligations, shall be allocated by the Administrative Agent Trustee among such of the Lenders Holders as are entitled thereto, in proportion to their respective Pro Rata Shares or otherwise as provided herein or, in respect of payments not made on account of LoansSecurities, as designated by the Person making payment when the payment is made.

Appears in 1 contract

Samples: Indenture (FRNK Technology Group)

Apportionment of Payments. (ai) All payments of principal and interest in respect of outstanding Loans, all payments of fees (other than the fees set forth in Section 2.06 2.06(a) hereof) and all other payments in respect of any other Obligations, shall be allocated by the Administrative Agent among such of the Lenders as are entitled thereto, in proportion to their respective Pro Rata Shares or otherwise as provided herein or, in respect of payments not made on account of Loans, as designated by the Person making payment when the payment is mademade in each instance, subject to subsection (ii) below.

Appears in 1 contract

Samples: Junior Credit Agreement (SCG Financial Acquisition Corp.)

Time is Money Join Law Insider Premium to draft better contracts faster.