Common use of Application of Prepayments Clause in Contracts

Application of Prepayments. Any prepayment of the Loan (other than a prepayment pursuant to Clause 7.1 (Illegality) or Clause 7.4 (Right of cancellation and repayment in relation to a single Lender) or Clause 9.9 (Application of prepayments)) shall be applied pro rata to each Lender’s participation in the Loan.

Appears in 2 contracts

Samples: Facility Agreement (Giant Interactive Group Inc.), Facility Agreement (Baring Asia Private Equity Fund v Co-Investment L.P.)

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Application of Prepayments. Any prepayment of the a Loan (other than a prepayment pursuant to Clause 7.1 9.1 (Illegality), Clause 9.2 (Sanctions Prepayment Events) or Clause 7.4 8.3 (Right of cancellation and repayment in relation to a single Lender) or Clause 9.9 (Application of prepayments)) shall be applied pro rata to each Lender’s 's participation in the that Loan.

Appears in 2 contracts

Samples: Intercreditor Agreement (CorpAcq Group PLC), Intercreditor Agreement (CorpAcq Group PLC)

Application of Prepayments. (a) Any prepayment of any part of the Loan (other than a prepayment pursuant to Clause 7.1 (Illegality) or and Clause 7.4 7.5 (Right of repayment and cancellation and repayment in relation to a single Lender) or Clause 9.9 (Application of prepayments)) shall be applied pro rata rata, including but not limited prepayments made under Clause 7.3 (Voluntary prepayment of Loan) and Clause 7.4 (Mandatory prepayment on Sale or Total Loss) to each Lender’s participation in that part of the Loan.

Appears in 2 contracts

Samples: Assignment Agreement (Global Ship Lease, Inc.), Junior Facility Agreement (Global Ship Lease, Inc.)

Application of Prepayments. Any prepayment of the a Loan (other than a prepayment pursuant to Clause 7.1 (Illegality) or Clause 7.4 (Right of cancellation and repayment in relation to a single Lender) or Clause 9.9 (Application of prepayments)) shall be applied pro rata to each Lender’s participation in the that Loan.

Appears in 2 contracts

Samples: Facilities Agreement (Igate Corp), Facilities Agreement (Igate Corp)

Application of Prepayments. Any prepayment of the Loan (other than a prepayment pursuant to Clause 7.1 (Illegality) or Clause 7.4 (Right of cancellation and repayment in relation to a single Lender) or sub-paragraph (B) of paragraph (a) of Clause 9.9 37.6 (Application Replacement of prepaymentsLender)) shall be applied pro rata to each Lender’s participation in the Loan.

Appears in 2 contracts

Samples: Intercreditor Agreement (WuXi PharmaTech (Cayman) Inc.), Intercreditor Agreement (WuXi PharmaTech (Cayman) Inc.)

Application of Prepayments. Any prepayment of any part of the Loan (other than a prepayment pursuant to Clause 7.1 (IllegalityIllegality and Sanctions affecting a Lender)) or Clause 7.4 7.6 (Right of repayment and cancellation and repayment in relation to a single Lender) or Clause 9.9 (Application of prepayments)) shall be applied pro rata to each Lender’s participation in that part of the Loan.

Appears in 2 contracts

Samples: Facility Agreement (Navios Maritime Partners L.P.), Facility Agreement (Navios Maritime Partners L.P.)

Application of Prepayments. Any prepayment of any part of the Loan (other than a prepayment pursuant to Clause 7.1 (IllegalityIllegality and Sanctions affecting a Lender)) or Clause 7.4 7.5 (Right of repayment and cancellation and repayment in relation to a single Lender) or Clause 9.9 (Application of prepayments)) shall be applied pro rata to each Lender’s 's participation in that part of the Loan.

Appears in 2 contracts

Samples: Banks and Financial Institutions (Okeanis Eco Tankers Corp.), Banks and Financial Institutions (Okeanis Eco Tankers Corp.)

Application of Prepayments. Any prepayment of any part of the Loan (other than a prepayment pursuant to Clause 7.1 (IllegalityIllegality and Sanctions affecting a Lender) or Clause 7.4 7.6 (Right of repayment and cancellation and repayment in relation to a single Lender) or Clause 9.9 (Application of prepayments)) shall be applied pro rata to each Lender’s participation in that part of the Loan.

Appears in 1 contract

Samples: Facility Agreement (Navios Maritime Partners L.P.)

Application of Prepayments. Any prepayment of any part of the Loan (other than a prepayment pursuant to Clause 7.1 (Illegality) or Clause 7.4 7.6 (Right of replacement or repayment and cancellation and repayment in relation to a single Lender) or Clause 9.9 (Application of prepayments)) shall be applied pro rata to each Lender’s participation in that part of the Loan.

Appears in 1 contract

Samples: Assignment Agreement (Castor Maritime Inc.)

Application of Prepayments. Any prepayment of any part of the Loan (other than a prepayment pursuant to Clause 7.1 (Illegality) or Clause 7.4 7.7 (Right of replacement or repayment and cancellation and repayment in relation to a single Lender) or Clause 9.9 (Application of prepayments)) shall be applied pro rata to each Lender’s 's participation in that part of the Loan.

Appears in 1 contract

Samples: Agreement (Okeanis Eco Tankers Corp.)

Application of Prepayments. Any prepayment of any part of the Loan (other than a prepayment pursuant to Clause 7.1 (Illegality) or Clause 7.4 7.6 (Right of replacement or repayment and cancellation and repayment in relation to a single Lender) or Clause 9.9 (Application of prepayments)) shall be applied pro rata to each Lender’s 's participation in that part of the Loan.

Appears in 1 contract

Samples: Assignment Agreement (Taylor Maritime Investments LTD)

Application of Prepayments. Any prepayment of the a Loan (other than a prepayment pursuant to Clause 7.1 (Illegality) or Clause 7.4 (Right of cancellation and repayment in relation to a single Lender) or Clause 9.9 (Application of prepayments)) shall be applied pro rata to each Lender’s 's participation in the that Loan.

Appears in 1 contract

Samples: Facilities Agreement (Lesaka Technologies Inc)

Application of Prepayments. Any prepayment of the a Loan under a Facility (other than a prepayment pursuant to Clause 7.1 (Illegality) or ), Clause 7.4 (Right of cancellation and repayment in relation to a single Lender) or paragraph (c) of Clause 9.9 8.1 (Application of prepaymentsExit and Flotation)) shall be applied pro rata to each Lender’s participation in the such Loan.

Appears in 1 contract

Samples: Facilities Agreement (RISE Education Cayman LTD)

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Application of Prepayments. Any prepayment of the a Loan (other than a prepayment to a single Lender pursuant to Clause 7.1 (Illegality), Clause 7.2 (Change of control) or Clause 7.4 7.6 (Right of replacement or repayment and cancellation and repayment in relation to a single Lender) or Clause 9.9 (Application of prepayments)) shall be applied pro rata to each Lender’s 's participation in the that Loan.

Appears in 1 contract

Samples: Facilities Agreement

Application of Prepayments. Any prepayment of the a Loan (other than a prepayment pursuant to Clause 7.1 9.1 (Illegality) or Clause 7.4 9.8 (Right of cancellation and repayment in relation to a single Lender) or Clause 9.9 (Application of prepayments)) shall be applied pro rata to each Lender’s participation in the that Loan.

Appears in 1 contract

Samples: Facility Agreement (InterXion Holding N.V.)

Application of Prepayments. Any prepayment of any part of the Loan (other than a prepayment pursuant to Clause 7.1 (Illegality)) or Clause 7.4 7.10 (Right of repayment and cancellation and repayment in relation to a single Lender) or Clause 9.9 (Application of prepayments)) shall be applied pro rata to each Lender’s participation in that part of the Loan.

Appears in 1 contract

Samples: Facility Agreement (Navios Maritime Partners L.P.)

Application of Prepayments. Any prepayment of any part of the Loan (other than a prepayment pursuant to Clause 7.1 (Illegality) or Clause 7.4 7.6 (Right of repayment and cancellation and repayment in relation to a single Lender) or Clause 9.9 (Application of prepayments)) shall be applied pro rata to each Lender’s 's participation in that part of the Loan.

Appears in 1 contract

Samples: Facility Agreement (Globus Maritime LTD)

Application of Prepayments. Any prepayment of the a Loan (other than a prepayment pursuant to Clause 7.1 clause 9.1 (Illegality) or Clause 7.4 clause 9.7 (Right of cancellation and repayment in relation to a single Lender) or Clause 9.9 (Application of prepayments)) shall be applied pro rata to each Lender’s 's participation in the that Loan.

Appears in 1 contract

Samples: mcsaatchiplc.com

Application of Prepayments. Any prepayment of any part of the Loan (other than a prepayment pursuant to Clause 7.1 (IllegalityIllegality and Sanctions Laws affecting a Lender)) or Clause 7.4 7.7 (Right of replacement or repayment and cancellation and repayment in relation to a single Lender) or Clause 9.9 (Application of prepayments)) shall be applied pro rata to each Lender’s participation in that part of the Loan.

Appears in 1 contract

Samples: Facility Agreement (Navios Maritime Partners L.P.)

Application of Prepayments. Any prepayment of the a Loan (other than a prepayment pursuant to Clause 7.1 10.1 (Illegality) or Clause 7.4 10.5 (Right of cancellation and repayment in relation to a single Lender) or Clause 9.9 (Application of prepayments)) shall be applied pro rata to each Lender’s participation in the that Loan.

Appears in 1 contract

Samples: Senior Facilities Agreement (OpSec Holdings)

Application of Prepayments. Any prepayment of any part of the Loan (other than a prepayment pursuant to Clause 7.1 (IllegalityIllegality and Sanctions affecting a Lender) or Clause 7.4 7.7 (Right of repayment and cancellation and repayment in relation to a single Lender) or Clause 9.9 (Application of prepayments)) shall be applied pro rata to each Lender’s participation in that part of the Loan.

Appears in 1 contract

Samples: Agreement (Navios Maritime Partners L.P.)

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