Common use of Allocation of Partial Prepayments and Offers of Partial Prepayments Clause in Contracts

Allocation of Partial Prepayments and Offers of Partial Prepayments. In the case of each partial prepayment of the Notes pursuant to Section 8.2 and in the case of each offer of partial prepayment of the Notes pursuant to Section 8.5, the Company shall prepay (or, in the case of Section 8.5, offer to prepay) the same percentage of the unpaid principal amount of the Notes of each series, and the principal amount of the Notes of each series so to be prepaid (or, in the case of Section 8.5, offered 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 thereof not theretofore called for prepayment.

Appears in 4 contracts

Samples: Note and Guarantee Agreement (Amcor PLC), Note and Guarantee Agreement (Amcor PLC), Amcor Finance (Amcor PLC)

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Allocation of Partial Prepayments and Offers of Partial Prepayments. In the case of each partial prepayment of the Notes pursuant to Section 8.2 and in the case of each offer of partial prepayment of the Notes pursuant to Section 8.58.5 or clause (b) of the first sentence of Section 8.9, the Company shall prepay (or, in the case of Section 8.5, or offer to prepay) , as the case may be, the same percentage of the unpaid principal amount of the Notes of each series, and the principal amount of the Notes of each series so to be prepaid (or, in the case of Section 8.5, or offered to be prepaid) , as the case may be, 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 thereof not theretofore called for prepayment.

Appears in 1 contract

Samples: 1 and Guarantee Agreement (News Corp)

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