Common use of Partial prepayment of Loans Clause in Contracts

Partial prepayment of Loans. (a) Except where this Clause 6 expressly provides otherwise, any partial prepayment of a Loan will be applied against the Repayment Instalments in the inverse order of their maturity and shall be applied pro rata in respect of the amounts outstanding to the Eksportfinans Lenders, the KEXIM Lenders and the Commercial Lenders. (b) Upon any such partial prepayment, the Facility Agent shall, if applicable, replace the Repayment Schedule attached at Schedule 5 (Loan Repayment Schedule) with a new Repayment Schedule(s) reflecting the correct Repayment Instalments and promptly provide a copy thereof to the Owner. (c) No amount of a Loan prepaid (in full or in part) under this Agreement may subsequently be re-borrowed.

Partial prepayment of Loans. (a) Except where this Clause 6 expressly provides otherwise, any partial prepayment of a Loan will be applied against the Repayment Instalments in the inverse order of their maturity and shall be applied pro rata in respect of the amounts outstanding to the Eksportfinans Lenders, the KEXIM Lenders and the Commercial Lenders. (b) Upon any such partial prepayment, the Facility Agent shall, if applicable, replace the Repayment Schedule attached at Schedule 5 (Loan Repayment Schedule) with a new Repayment Schedule(s) reflecting the correct Repayment Instalments and promptly provide a copy thereof to the Owner. (c) No amount of a Loan prepaid (in full or in part) under this Agreement may subsequently be re-borrowedre­borrowed.

Partial prepayment of Loans. (a) Except where this Clause 6 expressly provides otherwise, any partial prepayment of a Loan will be applied against the remaining Repayment Instalments in respect of that Loan, in the inverse order of their maturity and shall be applied pro rata in respect of the amounts outstanding to the Eksportfinans Lenders, the KEXIM Tranche A Lenders and the Commercial Tranche B Lenders. (b) Upon any such partial prepayment, the Facility Agent shall, if applicable, shall replace the Repayment Schedule attached at Schedule 5 8 (Loan Repayment Schedule) with a new Repayment Schedule(s) Schedule reflecting the correct Repayment Instalments and promptly provide a copy thereof to the OwnerBorrower. (c) No amount of a Loan prepaid (in full or in part) under this Agreement may subsequently be re-borrowed.

Partial prepayment of Loans. (a) Except where this Clause 6 expressly provides otherwise, otherwise any partial prepayment of a Loan the Loans will be applied against the remaining Repayment Instalments in respect of the Loans in inverse order of their maturity maturity, on a pro rata basis, and shall be applied pro rata in respect accordance with the terms of the amounts outstanding notice provided to the Eksportfinans Lenders, the KEXIM relevant Lenders and the Commercial Lenderspursuant to Clause 6.5. (b) Upon any such partial prepayment, the Facility Agent shall, if applicable, shall replace the relevant Repayment Schedule attached at Schedule 5 (Loan Repayment Schedule) 6 with a new Repayment Schedule(s) Schedule reflecting the correct Repayment Instalments and promptly provide a copy thereof to the OwnerBorrower and to the Lenders. (c) No amount of a Loan the Loans prepaid (in full or in part) under this Agreement may subsequently be re-borrowed.