Common use of Partial Payments Pro Rata Clause in Contracts

Partial Payments Pro Rata. In the case of each prepayment of less than the entire unpaid principal amount of all outstanding Notes of any Series pursuant to paragraphs 4A, 4B or 4C, the amount to be prepaid shall be applied pro rata to all outstanding Notes of such Series (including, for the purpose of this paragraph 4E only, all Notes prepaid or otherwise retired or purchased or otherwise acquired by the Company or any of its Subsidiaries or Affiliates other than by prepayment pursuant to paragraph 4A, 4B or 4C) according to the respective unpaid principal amounts thereof.

Appears in 1 contract

Samples: Security Agreement (Wd 40 Co)

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Partial Payments Pro Rata. In the case of each prepayment pursuant to paragraphs 4A or 4B of less than the entire unpaid principal amount of all outstanding Notes of any Series pursuant to paragraphs 4A, 4B or 4CSeries, the amount to be prepaid shall be applied pro rata to all outstanding Notes of such Series (including, for the purpose of this paragraph 4E 4D only, all Notes of such Series prepaid or otherwise retired or purchased or otherwise acquired by the Company or any of its Subsidiaries or Affiliates Affiliates, Global or any of the Global Subsidiaries other than by prepayment pursuant to paragraph 4A, 4B paragraphs 4A or 4C4B) according to the respective unpaid principal amounts thereof.

Appears in 1 contract

Samples: Note Purchase Agreement (Imc Global Inc)

Partial Payments Pro Rata. In the case of each prepayment pursuant to paragraph 4B of less than the entire unpaid principal amount of all outstanding Notes of any Series pursuant to paragraphs 4A, 4B or 4CSeries, the amount to be prepaid shall be applied pro rata to all outstanding Notes of such Series (including, for the purpose of this paragraph 4E 4D only, all Notes of such Series prepaid or otherwise retired or purchased or otherwise acquired by the Company or any of its Subsidiaries or Affiliates other than by prepayment pursuant to paragraph 4A, 4B or 4C4B) according to the respective unpaid principal amounts thereof.

Appears in 1 contract

Samples: Note Purchase Agreement (Imc Global Inc)

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Partial Payments Pro Rata. In the case of each Upon any partial prepayment of less than the entire unpaid principal amount of all outstanding Notes of any Series pursuant to paragraphs 4A, 4B paragraph 4A or 4C4B, the principal amount to be so prepaid shall be applied pro rata allocated to all outstanding Notes of such Series at the time outstanding and paid to the holders thereof (including, for the purpose of this paragraph 4E 4D only, all Notes of such Series prepaid or otherwise retired or purchased or otherwise acquired by the Company or any of its Subsidiaries or Affiliates other than by prepayment pursuant to paragraph 4A, 4B 4A or 4C4B) according in proportion to the respective unpaid outstanding principal amounts thereof.

Appears in 1 contract

Samples: Note Agreement (Tampa Electric Co)

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