Common use of Allocation of Partial Prepayments Clause in Contracts

Allocation of Partial Prepayments. In the case of each partial prepayment of the Notes pursuant to Section 8.2, 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 thereof not theretofore called for prepayment. All partial prepayments pursuant to Section 8.8 shall be applied only to the Notes of the holders who have accepted the offer of prepayment and shall be allocated among all such Notes in proportion, as nearly as practicable, to the respective unpaid principal amounts thereof and not theretofore called for prepayment.

Appears in 4 contracts

Samples: Purchase Agreement (CION Investment Corp), Defined Terms (WhiteHorse Finance, Inc.), WhiteHorse Finance, Inc.

AutoNDA by SimpleDocs

Allocation of Partial Prepayments. In the case of each partial prepayment of the Notes of either series pursuant to Section 8.1, the principal amount of the Notes of such series 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. In the case of each partial prepayment of the Notes pursuant to Section 8.2, 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 thereof not theretofore called for prepayment. All partial prepayments made pursuant to Section 8.7 or Section 8.8 shall be applied only to the Notes of the holders who have accepted the offer of prepayment and shall be allocated among all elected to participate in such Notes in proportion, as nearly as practicable, to the respective unpaid principal amounts thereof and not theretofore called for prepayment.

Appears in 2 contracts

Samples: Guaranty Agreement (Caseys General Stores Inc), Guaranty Agreement (Caseys General Stores Inc)

Allocation of Partial Prepayments. In the case of each partial prepayment of the Notes pursuant to Section 8.2, 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 thereof not theretofore called for prepayment. All partial prepayments made pursuant to Section Sections 8.8 and 8.9 shall be applied only to the Notes of the holders who have accepted the offer of prepayment and shall be allocated among all such Notes in proportion, as nearly as practicable, to the respective unpaid principal amounts thereof and not theretofore called for prepayment.

Appears in 2 contracts

Samples: Note Purchase Agreement (Silver Point Specialty Lending Fund), New Mountain Guardian III BDC, L.L.C.

Allocation of Partial Prepayments. In the case of each partial prepayment of the Notes pursuant to Section 8.2, the principal amount of the Notes to be prepaid shall be allocated among all of the Notes of the tranche to be prepaid at the time outstanding in proportion, as nearly as practicable, to the respective unpaid principal amounts thereof not theretofore called for prepayment. All partial prepayments pursuant to Section 8.8 shall be applied only to the Notes of the holders who have accepted the offer of prepayment and shall be allocated among all such Notes in proportion, as nearly as practicable, to the respective unpaid principal amounts thereof and not theretofore called for prepayment.

Appears in 1 contract

Samples: CION Investment Corp

Allocation of Partial Prepayments. In the case of each partial prepayment of the Notes pursuant to Section 8.1, the principal amount of the Notes of the Series to which the prepayment applies shall be allocated among all of such Notes that are outstanding in proportion, as nearly as practicable, to the respective amounts thereof not theretofore called for prepayment. In the case of each partial optional prepayment pursuant to Section 8.2, the principal amount of the Notes to be prepaid shall be allocated among all of the Notes at the time that are outstanding (regardless of Series) in proportion, as nearly as practicable, to the respective unpaid principal amounts thereof not theretofore called for prepayment. All partial prepayments pursuant to Section 8.8 shall be applied only to the Notes of the holders who have accepted the offer of prepayment and shall be allocated among all such Notes in proportion, as nearly as practicable, to the respective unpaid principal amounts thereof and not theretofore called for prepayment.

Appears in 1 contract

Samples: Shelf Agreement (Old Dominion Freight Line Inc/Va)

Allocation of Partial Prepayments. In the case of each partial prepayment of the Notes pursuant to Section 8.28.2 the principal amount of the Notes to be prepaid shall be allocated pro rata among all of the Notes outstanding in proportion, as nearly as practicable, to the respective unpaid principal amounts thereof not therefore called for prepayment or purchase. In the case of each offer of partial prepayment pursuant to Section 8.8, the principal amount of the Notes to be offered 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 thereof not theretofore called for prepayment. All partial prepayments pursuant to Section 8.8 shall be applied only to the Notes of the holders who have accepted the offer of prepayment and shall be allocated among all such Notes in proportion, as nearly as practicable, to the respective unpaid principal amounts thereof and not theretofore called for prepayment8.5.

Appears in 1 contract

Samples: Ugi Corp /Pa/

Allocation of Partial Prepayments. In the case of each partial prepayment of the Notes pursuant to Section 8.2, 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 thereof not theretofore called for prepayment. All partial prepayments pursuant to Section 8.8 shall be applied only to the Notes of the holders who have accepted the offer of prepayment and shall be allocated among all such Notes in proportion, as nearly as practicable, to the respective unpaid principal amounts thereof and not theretofore called for prepayment.. CĪON Investment Corporation Note Purchase Agreement

Appears in 1 contract

Samples: Note Purchase Agreement (CION Investment Corp)

AutoNDA by SimpleDocs

Allocation of Partial Prepayments. In the case of each partial prepayment of the Notes pursuant to Section 8.2, 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 thereof not theretofore called for prepayment. All In the case of each partial prepayments prepayment of the Notes pursuant to Section 8.8 shall be applied only to 8.7, the principal amount of the Notes of the holders who have accepted the offer of prepayment and to be prepaid shall be allocated among all of the Notes being prepaid at such Notes time in proportion, as nearly as practicable, to the respective unpaid principal amounts thereof and not theretofore therefore called for prepayment.

Appears in 1 contract

Samples: Note Purchase Agreement (Barnes Group Inc)

Allocation of Partial Prepayments. In the case of each partial prepayment of the Notes pursuant to Section 8.1 or 8.2, 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 thereof not theretofore called for prepayment. All In the case of each partial prepayments prepayment of the Notes pursuant to Section 8.8 shall be applied only to 8.8, the principal amount of the Notes of the holders who have accepted the offer of prepayment and to be prepaid shall be allocated among all of the Notes subject to such Notes partial prepayment in proportion, as nearly as practicable, to the respective unpaid principal amounts thereof and not theretofore called for prepayment.

Appears in 1 contract

Samples: Subsidiary Guaranty Agreement (Cornell Corrections Inc)

Allocation of Partial Prepayments. In the case of each partial prepayment of the Notes pursuant to Section 8.2, 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 thereof not theretofore called for prepayment. All In the case of each partial prepayments prepayment of the Notes pursuant to Section 8.8 shall be applied only to 8.5 or Section 8.7, the principal amount of the Notes of the holders who have accepted the offer of prepayment and to be prepaid shall be allocated among all of the Notes being prepaid at such Notes time in proportion, as nearly as practicable, to the respective unpaid principal amounts thereof and not theretofore called for prepayment.

Appears in 1 contract

Samples: Note Purchase Agreement (Covance Inc)

Allocation of Partial Prepayments. In the case of each partial prepayment of the Notes pursuant to Section 8.2, 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 thereof not theretofore called for prepayment. All In the case of each partial prepayments prepayment of the Notes pursuant to Section 8.8 shall be applied only to 8.7 or Section 8.8, the principal amount of the Notes of the holders who have accepted the offer of prepayment and to be prepaid shall be allocated among all of the Notes being prepaid at such Notes time in proportion, as nearly as practicable, to the respective unpaid principal amounts thereof and not theretofore called for prepayment.

Appears in 1 contract

Samples: Note Purchase Agreement (Resmed Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!