Application of partial prepayment. Each partial prepayment shall be applied pro rata against the repayment instalments, including, without limitation, the balloon instalment, specified in Clause 7.1.
Appears in 5 contracts
Samples: Loan Agreement (StealthGas Inc.), Loan Agreement (StealthGas Inc.), Loan Agreement (StealthGas Inc.)
Application of partial prepayment. Each partial prepayment shall be applied in reducing pro rata against each of the repayment instalments, including, without limitation, the balloon instalment, instalments specified in Clause 7.17.1 and the Balloon.
Appears in 2 contracts
Samples: Loan Agreement (Euroseas Ltd.), Loan Agreement (Euroseas Ltd.)
Application of partial prepayment. Each voluntary partial prepayment shall be applied pro rata against the repayment instalments, including, without limitation, instalments for the balloon instalment, relevant Tranche specified in Clause 7.1, including the balloon instalment.
Appears in 1 contract
