Common use of Partial Payments Pro Rata Clause in Contracts

Partial Payments Pro Rata. In the case of each prepayment pursuant to paragraphs 4A or 4B of less than the entire unpaid principal amount of all outstanding Notes of any Series, the amount to be prepaid shall be applied pro rata to all outstanding Notes of such Series (including, for the purpose of this paragraph 4D only, all Notes of such Series prepaid or otherwise retired or purchased or otherwise acquired by the Company or any of its Subsidiaries or Affiliates, Global or any of the Global Subsidiaries other than by prepayment pursuant to paragraphs 4A or 4B) according to the respective unpaid principal amounts thereof.

Appears in 1 contract

Samples: Note Purchase Agreement (Imc Global Inc)

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Partial Payments Pro Rata. In Upon any partial prepayment of the case of each prepayment pursuant to paragraphs 4A or 4B of less than the entire unpaid principal amount of all outstanding Notes of any SeriesSeries pursuant to paragraph 4A or 4B, the principal amount to be so prepaid shall be applied pro rata allocated to all outstanding Notes of such Series at the time outstanding and paid to the holders thereof (including, for the purpose of this paragraph 4D only, all Notes of such Series prepaid or otherwise retired or purchased or otherwise acquired by the Company or any of its Subsidiaries or Affiliates, Global or any of the Global Subsidiaries Affiliates other than by prepayment pursuant to paragraphs paragraph 4A or 4B) according in proportion to the respective unpaid outstanding principal amounts thereof.

Appears in 1 contract

Samples: Note Agreement (Tampa Electric Co)

Partial Payments Pro Rata. In the case of each prepayment pursuant to paragraphs 4A or paragraph 4B of less than the entire unpaid principal amount of all outstanding Notes of any Series, the amount to be prepaid shall be applied pro rata to all outstanding Notes of such Series (including, for the purpose of this paragraph 4D only, all Notes of such Series prepaid or otherwise retired or purchased or otherwise acquired by the Company or any of its Subsidiaries or Affiliates, Global or any of the Global Subsidiaries Affiliates other than by prepayment pursuant to paragraphs 4A or paragraph 4B) according to the respective unpaid principal amounts thereof.

Appears in 1 contract

Samples: Note Purchase Agreement (Imc Global Inc)

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Partial Payments Pro Rata. In the case of each prepayment pursuant to paragraphs 4A or 4B of less than the entire unpaid principal amount of all outstanding Notes of any SeriesSeries pursuant to paragraphs 4A, 4B or 4C, the amount to be prepaid shall be applied pro rata to all outstanding Notes of such Series (including, for the purpose of this paragraph 4D 4E only, all Notes of such Series prepaid or otherwise retired or purchased or otherwise acquired by the Company or any of its Subsidiaries or Affiliates, Global or any of the Global Subsidiaries Affiliates other than by prepayment pursuant to paragraphs 4A paragraph 4A, 4B or 4B4C) according to the respective unpaid principal amounts thereof.

Appears in 1 contract

Samples: Security Agreement (Wd 40 Co)

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