Common use of General Provisions Regarding Payment Clause in Contracts

General Provisions Regarding Payment. A. If more than one Note is outstanding, all payments on the Notes shall be applied to them pro rata based on the principal amounts outstanding.

Appears in 2 contracts

Samples: Convertible Note Facility Agreement (Eco-Stim Energy Solutions, Inc.), Convertible Note Facility Agreement (Eco-Stim Energy Solutions, Inc.)

AutoNDA by SimpleDocs

General Provisions Regarding Payment. A. If more than one Note is outstanding, all payments on the Notes shall be applied to them the Notes pro rata based on the principal amounts outstanding.

Appears in 2 contracts

Samples: Note Purchase Agreement (Nevada Geothermal Power Inc), Note Purchase Agreement (Nevada Geothermal Power Inc)

AutoNDA by SimpleDocs

General Provisions Regarding Payment. A. (a) If more than one Note is outstanding, all payments on the Notes Note(s) shall be applied to them the Note(s) pro rata based on the principal amounts outstanding.

Appears in 1 contract

Samples: Note Purchase Agreement (Clean Energy Fuels Corp.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!