Common use of Application of partial prepayment Clause in Contracts

Application of partial prepayment. Each partial prepayment made pursuant to Clauses 6.4 or 6.7 shall be applied pro rata against the repayment instalments specified in Clause 6.1 outstanding at the time of the partial prepayment (including, without limitation, the Balloon Instalment).

Appears in 2 contracts

Samples: Fourth Amending and Restating Agreement (DryShips Inc.), Loan Agreement (DryShips Inc.)

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Application of partial prepayment. Each partial prepayment made pursuant to Clauses 6.4 7.4 or 6.7 7.7 shall be applied pro rata against the repayment instalments specified in Clause 6.1 7.1 outstanding at the time of the partial prepayment (including, without limitation, the Balloon Instalment).

Appears in 1 contract

Samples: Loan Agreement (DryShips Inc.)

Application of partial prepayment. Each partial prepayment made pursuant to Clauses 6.4 7.4 or 6.7 7.7 shall be applied pro rata against the repayment instalments specified in Clause 6.1 7.1 outstanding at the time of the partial prepayment (includingincluding in the case of Tranche A, without limitation, the relevant Balloon Instalment).

Appears in 1 contract

Samples: Amending and Restating Agreement (DryShips Inc.)

Application of partial prepayment. Each partial prepayment made pursuant to Clauses 6.4 Clause 7.4 or 6.7 any other provisions of this Agreement, shall be applied pro rata against the repayment instalments (including the balloon payment) specified in Clause 6.1 outstanding at the time of the partial prepayment (including, without limitation, the Balloon Instalment)7.1.

Appears in 1 contract

Samples: Loan Agreement (Omega Navigation Enterprises, Inc.)

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Application of partial prepayment. Each partial prepayment made pursuant to Clauses 6.4 7.4 or 6.7 7.7 shall be applied pro rata against the repayment instalments specified in Clause 6.1 7.1 outstanding at the time of the partial prepayment (including, without limitation, the relevant Balloon Instalment).

Appears in 1 contract

Samples: Loan Agreement (DryShips Inc.)

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