Common use of Application of partial prepayment Clause in Contracts

Application of partial prepayment. Each partial prepayment shall be applied first against the balloon and then against the repayment instalments specified in Clause 8.1 in inverse order of maturity.

Application of partial prepayment. Each partial prepayment shall be applied first against the balloon and then against the repayment instalments (including the balloon instalment) of the relevant Tranche specified in Clause 8.1 in inverse order of maturity.

Application of partial prepayment. Each partial prepayment made pursuant to Clause 8.4 or 8.8 shall be applied first against the balloon Balloon Instalment and then against the repayment instalments specified in Clause 8.1 then outstanding Repayment Instalments in inverse order of maturity.

Application of partial prepayment. Each partial prepayment shall be applied first firstly against the balloon Balloon Instalment and then thereafter against the repayment instalments specified in Clause 8.1 in inverse order of maturity.

Application of partial prepayment. Each partial prepayment made pursuant to Clause 8.4, shall be applied first against the balloon instalment and then thereafter against the then outstanding repayment instalments specified in Clause 8.1 in inverse order of maturity.

Application of partial prepayment. Each partial prepayment shall be applied first against the balloon Balloon Instalment and then against thereafter the repayment instalments specified in Clause 8.1 8.1(a) in inverse order of maturity.

Application of partial prepayment. Each partial prepayment shall be applied first against the balloon Balloon Instalment relative to the relevant Advance and then against the then outstanding repayment instalments specified relative to that Advance referred to in Clause 8.1 7.1 in inverse order of maturity.

Application of partial prepayment. Each partial prepayment shall be applied first against the balloon and then against the repayment instalments specified in Clause 8.1 (including the “balloon” instalment) in inverse order of maturity.

Application of partial prepayment. Each partial prepayment shall if made pursuant to Clause 8.4 be applied in order of maturity first against the balloon and then against the repayment instalments specified in Clause 8.1 in inverse order of maturityoutstanding at that time and thereafter the Balloon Instalment, unless otherwise agreed by the Lenders.

Application of partial prepayment. Each partial prepayment shall be applied first against the balloon and then against the repayment instalments specified in Clause 8.1 (including the balloon payment) in inverse order of maturitymaturity starting from the balloon payment.