Common use of Prepayment Procedures Clause in Contracts

Prepayment Procedures. 3.3.1. If fewer than all of a given Series of Notes are to be paid or prepaid, the Issuer shall pay or prepay the Notes or such Series of Notes on a pro rata basis and, in the event of an offer to prepay a portion of a Series of Notes in whole or in part, the Issuer shall pay or prepay the Notes of such Series of Notes pro rata to those parties tendering in response to such offer.

Appears in 2 contracts

Samples: Note Purchase Agreement (Encompass Group Affiliates, Inc), Note Purchase Agreement (Advanced Communications Technologies Inc)

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Prepayment Procedures. 3.3.1. If fewer than all of a given Series of the Notes are to be paid or prepaid, the Issuer Issuers shall pay or prepay the Notes or such Series of Notes on a pro rata basis and, in the event of an offer to prepay a portion of a Series of the Notes in whole or in part, the Issuer Issuers shall pay or prepay the Notes of such Series of Notes pro rata to those parties tendering in response to such offeroffer (i.e., pro rata among holders thereof).

Appears in 1 contract

Samples: Notes Purchase Agreement (Roadrunner Transportation Services Holdings, Inc.)

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Prepayment Procedures. 3.3.1. If fewer than all of a given Series of the Notes are to be paid or prepaid, the Issuer shall pay or prepay the Notes or such Series of Notes on a pro rata basis and, in the event of an offer to prepay a portion of a Series of Notes in whole or in part, the Issuer shall pay or prepay the Notes of such Series of Notes pro rata to those parties tendering in response to such offerbasis.

Appears in 1 contract

Samples: Note Purchase Agreement (Childrens Place Retail Stores Inc)

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