Common use of Allocation of Partial Prepayments of Notes Clause in Contracts

Allocation of Partial Prepayments of Notes. In the case of each partial prepayment of the Notes under section 8.1 and 8.2, the principal amount to be prepaid shall be allocated among all of the Notes at the time outstanding (excluding any Notes at the time owned by the Company or any of its Affiliates) in proportion, as nearly as practicable, to the respective unpaid principal amounts thereof, with adjustments, to the extent practicable, to compensate for any prior prepayments not made exactly in such proportion.

Appears in 5 contracts

Samples: Mezzanine Note Securities Purchase Agreement (Alion Science & Technology Corp), Mezzanine Note Securities Purchase Agreement (Alion Science & Technology Corp), Mezzanine Note Securities Purchase Agreement (Alion Science & Technology Corp)

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Allocation of Partial Prepayments of Notes. In the case of each partial prepayment of the Notes under section 8.1 and 8.2this Section 9, the principal amount of the Notes to be prepaid shall be allocated among all of the Notes at the time outstanding (excluding any Notes at the time owned by the Company or any Affiliate of its Affiliatesthe Company) in proportion, as nearly as practicable, to the respective unpaid principal amounts thereof, with adjustments, to the extent practicable, to compensate for any prior prepayments not made exactly in such proportion.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Integrity Media Inc), Subordination Agreement (Dwyer Group Inc)

Allocation of Partial Prepayments of Notes. In the case of each partial prepayment of the Notes under section 8.1 and 8.2Section 9.1, the principal amount to be prepaid shall be allocated among all of the Notes at the time outstanding (excluding any Notes at the time owned by the Company or any Affiliate of its Affiliates) the Company), in proportion, as nearly as practicable, to the respective unpaid principal amounts thereof, with adjustments, to the extent practicable, to compensate for any prior prepayments not made exactly in such proportion.

Appears in 1 contract

Samples: Securities Purchase Agreement (Booth Creek Ski Holdings Inc)

Allocation of Partial Prepayments of Notes. In the case of each partial prepayment of the Notes under section 8.1 and 8.2this Section 9, the principal amount of the Notes to be prepaid shall be allocated among all of the Notes at the time outstanding (excluding any Notes at the time owned by the Company Issuer or any Affiliate of its Affiliatesthe Issuer) in proportion, as nearly as practicable, to the respective unpaid principal amounts thereof, with adjustments, to the extent practicable, to compensate for any prior prepayments not made exactly in such proportion.

Appears in 1 contract

Samples: Subordination Agreement (Aerocentury Corp)

Allocation of Partial Prepayments of Notes. In the case of each partial prepayment of the Notes under section 8.1 and 8.2sections 9.1 or 9.2, the principal amount to be prepaid shall be allocated among all of the Notes at the time outstanding (excluding any Notes at the time owned by the Operating Company or any Affiliate of its Affiliatesthe Operating Company) in proportion, as nearly as practicable, to the respective unpaid principal amounts thereof, with adjustments, to the extent practicable, to compensate for any prior prepayments not made exactly in such proportion.

Appears in 1 contract

Samples: Securities Purchase Agreement (Swing N Slide Corp)

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Allocation of Partial Prepayments of Notes. In the case of each partial prepayment of the Notes under section 8.1 and 8.27, the principal amount to be prepaid shall be allocated among all of the Notes at the time outstanding (excluding any Notes at the time owned by the Company or any of its Affiliates) in proportion, as nearly as practicable, to the respective unpaid principal amounts thereof, with adjustments, to the extent practicable, to compensate for any prior prepayments not made exactly in such proportion.

Appears in 1 contract

Samples: Seller Note Securities Purchase Agreement (Alion Science & Technology Corp)

Allocation of Partial Prepayments of Notes. In the case of each partial prepayment of the Notes under this section 8.1 and 8.29, the principal amount of the Notes to be prepaid shall be allocated among all of the Notes at the time outstanding (excluding any Notes at the time owned by the Holding Company or any Affiliate of its Affiliatesthe Holding Company) in proportion, as nearly as practicable, to the respective unpaid principal amounts thereof, with adjustments, to the extent practicable, to compensate for any prior prepayments not made exactly in such proportion.

Appears in 1 contract

Samples: Securities Purchase Agreement (Tridex Corp)

Allocation of Partial Prepayments of Notes. In the case of each ----------------------------------------------- partial prepayment of the Notes under this section 8.1 and 8.29, the principal amount to be prepaid shall be allocated among all of the Notes at the time outstanding (excluding any Notes at the time owned by the Company Companies or any Affiliate of its Affiliatesthe Companies) in proportion, as nearly as practicable, to the respective unpaid principal amounts thereof, with adjustments, to the extent practicable, to compensate for any prior prepayments not made exactly in such proportion.

Appears in 1 contract

Samples: Securities Purchase Agreement (Unidigital Inc)

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