Notes Prepaid in Part. Upon surrender of a Note that is prepaid in part, the Company will issue and, upon receipt of an Authentication Order, the Trustee will authenticate for the Holder at the expense of the Company a new Note equal in principal amount to the unpaid portion of the Note surrendered.
Notes Prepaid in Part. Upon prepayment of a Note in part only, the Registrar shall certify for the Noteholder the principal balance remaining under the Note.
Notes Prepaid in Part. Any Note which is to be prepaid only in part shall be surrendered at the office or agency of the Company and the Company shall execute and deliver to the Holder of such Note without service charge, a new Note or Notes, of the same type (A or B) of any authorized denomination as requested by such Holder in aggregate principal amount equal to and in exchange for the unprepaid portion of the principal of the Notes so surrendered.
Notes Prepaid in Part. 3.7.1 If less than the aggregate Principal Balance of the Notes is to be prepaid, the Company shall select the Notes to be prepaid based upon an allocation among all of the Notes at the time outstanding, and paid to the Holder thereof, in proportion, as nearly as practicable, to the respective unpaid Principal Balance and interest on each Note, with adjustments, to the extent practicable, to compensate for any prior payments not made exactly in such proportion.
3.7.2 Upon surrender of a Note that is prepaid in part, the Company shall promptly execute and deliver to the Holder (at the Company’s expense) a new Note equal in principal amount to the unpaid portion of the Note surrendered.
3.7.3 The Lender agrees that before disposing of the Note held by it, or any part thereof (other than by granting participations therein), the Lender will make a notation thereon of all payments of Principal Balance has been paid and will notify the Company of the name and address of the transferee of that Note: provided that the failure to make (or any error in the making of) a notation of the payments made under such Note or to notify the Company of the name and address of a transferee shall not limit or otherwise affect the obligation of the Company hereunder. under such Note or with respect to the Principal Balance.
Notes Prepaid in Part. 3.6.1. If fewer than all of the Notes are to be prepaid, the Company shall select the Notes to be prepaid based upon an allocation among all of the Notes at the time outstanding, and paid to the Holder thereof, in proportion, as nearly as practicable, to the respective unpaid amount of principal and interest, with adjustments, to the extent practicable, to compensate for any prior payments not made exactly in such proportion.
Notes Prepaid in Part. Any Note which is to be redeemed only in part shall (except as otherwise provided in the Supplemental Indenture pursuant to which the Notes of such series were issued) be surrendered to the Paying Agent (with, if the Paying Agent so requires, due endorsement by, or a written instrument of transfer in form satisfactory to the Paying Agent duly executed by, the Holder thereof or his, her or its attorney duly authorized in writing) and the appropriate officers of the Issuer shall execute and the Trustee or an Authenticating Agent shall authenticate and deliver to the Holder of such Note, without service charge, a new Note or Notes of the same series, of any authorized denomination or denominations, having the same Stated Maturity and interest rate as requested by such Holder, in aggregate Principal Amount equal to and in exchange for the unredeemed portion of the principal of the Note so surrendered. Any Note with respect to which a partial distribution of principal is made shall remain Outstanding in the then current Principal Amount. The Trustee shall retain a record of the Principal Amount of each Note any portion of the principal of which has been distributed, and shall give the Note Registrar (if other than the Trustee) prompt written notice of the current Principal Amount of each such Note as of the end of each calendar month.
Notes Prepaid in Part. Any Senior Subordinated Note which is to be --------------------- prepaid only in part shall be surrendered to Borrower, and Borrower shall issue to the holder a new Senior Subordinated Note equal in principal amount to the unprepaid portion of the Senior Subordinated Note surrendered and in the form of Exhibit A. ---------
Notes Prepaid in Part. Upon surrender of a Note that is prepaid in part, the Company shall execute for the Purchaser (at the Company’s expense) a new Note equal in principal amount to the unpaid portion of the Note surrendered.
Notes Prepaid in Part. Any Note which is to be prepaid only in part shall be surrendered at an office or agency of the Company maintained for that purpose pursuant to Section 1.5 (with, if the Company so requires, due endorsement by, or a written instrument of transfer in form satisfactory to the Company duly executed by the holder thereof or his attorney duly authorized in writing), and the Company shall execute and deliver to the holder of such Note without service charge, a new Note or Notes, of any denomination requested by such holder, in an aggregate principal amount equal to and in exchange for the portion of the principal of the Note so surrendered which has not been prepaid.
Notes Prepaid in Part. 3.5.1. If fewer than all of the Company Notes or Holdings Notes, as the case may be, are to be prepaid, the Company shall select the Company Notes or Holdings Notes, as applicable, to be prepaid on a PRO RATA basis.
3.5.2. Upon surrender of a Note that is prepaid in part, the Company shall promptly execute and deliver to the holder (at the Company's expense) a new Note equal in principal amount to the unpaid portion of the Note surrendered.
3.5.3. Each Purchaser agrees that before disposing of the Note held by it, or any part thereof (other than by granting participations therein), such Purchaser will make a notation thereon of all principal payments previously made thereon and of the date to which interest thereon has been paid and will notify the Company of the name and address of the transferee of that Note; PROVIDED, that the failure to make (or any error in the making of) a notation of the payments made under such Note or to notify the Company of the name and address of a transferee shall not limit or otherwise affect the obligation of the Company hereunder or under such Note.
