Common use of Shelf Notes Clause in Contracts

Shelf Notes. Each Series of Shelf Notes shall be subject to required prepayments, if any, set forth in the Notes of such Series; provided that upon any partial prepayment of any Series of Shelf Notes pursuant to Section 8.2 or any partial purchase of any Series of Shelf Notes pursuant to Section 8.5, the principal amount of each required prepayment thereof becoming due on and after the date of such partial prepayment or purchase shall be reduced in the same proportion as the aggregate principal amount of such Series of Shelf Notes is reduced as a result of such prepayment or purchase.

Appears in 3 contracts

Samples: Private Shelf Agreement (McGrath Rentcorp), Note Purchase and Private Shelf Agreement (McGrath Rentcorp), Private Shelf Agreement (McGrath Rentcorp)

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Shelf Notes. Each Series of Shelf Notes shall be subject to required prepayments, if any, as set forth in the Shelf Notes of such Series; provided that upon any partial prepayment of any a Note of a Series of Shelf Notes pursuant to Section 8.2 or any partial Section 8.7 or the purchase of any Series of Shelf Notes pursuant to permitted by Section 8.5, the principal amount of each required prepayment thereof prepayment, if any, of such Note becoming due under this Section 8.1 on and after the date of such partial prepayment or purchase shall be reduced in the same proportion as the aggregate unpaid principal amount of such Series of Shelf Notes Note is reduced as a result of such prepayment or purchase.

Appears in 2 contracts

Samples: Master Note Agreement (Stepan Co), Defined Terms (Stepan Co)

Shelf Notes. Each Series of Shelf Notes shall be subject to required prepayments, if any, set forth in the Notes of such Series; provided that upon any partial prepayment of any Series of Shelf Notes Note pursuant to Section 8.2 or any partial purchase of any Series of Shelf Notes Note pursuant to Section 8.5, the principal amount of each required prepayment thereof becoming due on and after the date of such partial prepayment or purchase shall be reduced in the same proportion as the aggregate principal amount of such Series of Shelf Notes Note is reduced as a result of such prepayment or purchase.

Appears in 1 contract

Samples: Note Purchase and Private Shelf Agreement (Cubic Corp /De/)

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Shelf Notes. Each Series of Shelf Notes shall be subject to required prepayments, if any, set forth in the Notes of such Series; provided that upon any partial prepayment of any Series of Shelf Notes pursuant to Section 8.2 or any partial purchase of any Series of Shelf Notes pursuant to Section 8.5, the principal amount of each required prepayment thereof becoming due on and after the date of such partial prepayment or purchase shall be reduced in the same proportion as the aggregate principal amount of such Series of Shelf Notes is reduced as a result of such prepayment or purchase.”

Appears in 1 contract

Samples: LTC Properties Inc

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