Common use of Allocation of Partial Payments Clause in Contracts

Allocation of Partial Payments. In the case of each partial prepayment of the Notes, the principal amount of the Notes to be prepaid shall be allocated among all the Notes at the time outstanding in proportion, as nearly as practicable, to the respective unpaid principal amounts thereof.

Appears in 2 contracts

Samples: Note Purchase Agreement (Cpi Corp), Note Purchase Agreement (Cpi Corp)

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Allocation of Partial Payments. In the case of each Upon any partial prepayment of the Notes, the principal amount so prepaid shall be allocated to all Notes at the time outstanding in proportion to the respective outstanding principal amounts thereof, provided, that in the case of any prepayment of less than all of the Notes pursuant to Section 4C, the principal amount of the Notes to be prepaid shall will be allocated among all allocable to the Notes at the time outstanding to be prepaid as provided in proportion, as nearly as practicable, to the respective unpaid principal amounts thereof.Section 4C.

Appears in 1 contract

Samples: Note Purchase Agreement (Heritage Propane Partners L P)

Allocation of Partial Payments. In the case of each partial prepayment of the NotesNotes of a Series, the principal amount of the Notes to be prepaid shall be allocated among all of the Notes of such Series at the time outstanding in proportion, as nearly as practicable, to the respective unpaid principal amounts thereofthereof not theretofore called for prepayment.”

Appears in 1 contract

Samples: Private Shelf Agreement (Nu Skin Enterprises Inc)

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Allocation of Partial Payments. In the case of each partial prepayment payment of the Notes, the principal amount of the Notes to be prepaid shall be allocated among all of the Notes at the time outstanding in proportion, as nearly as practicable, to the respective unpaid principal amounts thereofthereof not theretofore called for payment.

Appears in 1 contract

Samples: Note Purchase Agreement (Truserv Corp)

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