Common use of Application of partial prepayment Clause in Contracts

Application of partial prepayment. Each partial prepayment under Clause 8.4 shall be applied against the repayment installments specified in Clause 8.1 in inverse order of maturity.

Appears in 7 contracts

Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.)

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Application of partial prepayment. Each partial prepayment under Clause 8.4 shall be applied against the repayment installments specified in Clause 8.1 in inverse order of maturity.

Appears in 5 contracts

Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Quartet Holdco Ltd.), Loan Agreement (Scorpio Tankers Inc.)

Application of partial prepayment. Each partial prepayment under Clause 8.4 shall be applied against the repayment installments instalments specified in Clause 8.1 in inverse order of maturity.

Appears in 2 contracts

Samples: Loan Agreement (GasLog Ltd.), Loan Agreement (GasLog Ltd.)

Application of partial prepayment. Each partial prepayment under Clause 8.4 shall be applied against the repayment installments instalments specified in Clause 8.1 7.1 in inverse order of maturity.

Appears in 1 contract

Samples: Loan Agreement (TBS International LTD)

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Application of partial prepayment. Each partial prepayment under Clause 8.4 shall be applied against the then outstanding repayment installments specified instalments referred to in Clause 8.1 7.1 in inverse order of maturity.

Appears in 1 contract

Samples: Loan Agreement (Pyxis Tankers Inc.)

Application of partial prepayment. Each partial prepayment under Clause 8.4 Any prepayments shall be applied against the repayment installments instalments specified in Clause 8.1 8.2 in inverse order of maturity.

Appears in 1 contract

Samples: Loan Agreement (TBS International LTD)

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