Common use of Application of Partial Prepayments Clause in Contracts

Application of Partial Prepayments. Any partial prepayment of the Principal Balance pursuant to this subsection 2.9.1 shall be applied to the installments of the Principal Balance in the inverse order of maturity.

Appears in 3 contracts

Samples: Loan Agreement (Security Associates International Inc), Loan Agreement (Security Associates International Inc), Loan Agreement (Security Associates International Inc)

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Application of Partial Prepayments. Any voluntary partial prepayment of the Principal Balance pursuant to this subsection 2.9.1 2.8.1 shall be applied to the installments of the Principal Balance in the inverse order of maturity.

Appears in 2 contracts

Samples: Loan Agreement (Aquis Communications Group Inc), Loan Agreement (Paging Partners Corp)

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Application of Partial Prepayments. Any partial prepayment of the Principal Balance pursuant to this subsection 2.9.1 2.7.1 shall be applied to the installments of the Principal Balance in the inverse order of maturity.

Appears in 1 contract

Samples: Loan Agreement (Security Associates International Inc)

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