Payments Under the Notes. Amounts owing by the Company under the Notes shall be allocated to each Lender according to its Ratable Share, and each payment or prepayment by the Company with respect to principal, interest or other amounts due from the Company to the Lenders with respect to the Notes, shall be made in proportion to the Ratable Share of each Lender.
Appears in 2 contracts
Sources: Note Purchase Agreement (World Racing Group, Inc.), Note Purchase Agreement (Dirt Motor Sports, Inc.)