Common use of Allocation of Prepayments Clause in Contracts

Allocation of Prepayments. All partial prepayments shall be applied on all outstanding Notes ratably in accordance with the unpaid principal amounts thereof.

Appears in 3 contracts

Samples: Indenture of Trust and Security Agreement (National Healthcare Corp), Indenture of Trust and Security Agreement (National Health Realty Inc), Note Agreement (Spartan Stores Inc)

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Allocation of Prepayments. All partial prepayments shall be applied on all outstanding Notes (without regard to Series) ratably in accordance with the unpaid principal amounts thereof.

Appears in 2 contracts

Samples: Note Purchase Agreement (Health Care Reit Inc /De/), Note Purchase Agreement (Health Care Reit Inc /De/)

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Allocation of Prepayments. All Except as set forth in Section 2.3, all partial prepayments shall be applied on all outstanding Notes ratably in accordance with the unpaid principal amounts thereof.

Appears in 1 contract

Samples: Note Purchase Agreement (Kmart Corp)

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