Common use of Priority of Prepayments Clause in Contracts

Priority of Prepayments. All prepayments made by the Borrower shall be applied first to any amounts (other than principal or interest) then payable by any Credit Party hereunder or under any other Loan Documents, then to accrued and unpaid interest on the Loan so prepaid, then to the principal amount of the Loan.

Appears in 4 contracts

Samples: Loan Agreement (Uranium Resources Inc /De/), Bridge Loan Agreement (Uranium Resources Inc /De/), Bridge Loan Agreement (Gryphon Gold Corp)

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Priority of Prepayments. All prepayments made by the Borrower shall be applied first to any amounts (other than principal or interest) then payable by any Credit Party the Borrower hereunder or under any other Loan Documents, then to accrued and unpaid interest on the Loan Loan, so prepaid, then to the principal amount of the Loan.

Appears in 1 contract

Samples: Loan Agreement (Fire & Flower Holdings Corp.)

Priority of Prepayments. All prepayments made by the Borrower shall be applied first to any amounts (other than principal or interest) then payable by any Credit Party the Borrower hereunder or under any other Loan Documents, then to accrued and unpaid interest on the Loan so prepaid, then to the principal amount of the Loan.

Appears in 1 contract

Samples: Loan Agreement (Westwater Resources, Inc.)

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Priority of Prepayments. All prepayments made by the Borrower shall be applied first to any amounts (other than principal or interest) then payable by any Credit Party hereunder or under any other Loan Documents, then to accrued and unpaid interest on the Loan Loan, so prepaid, then to the principal amount of the Loan.

Appears in 1 contract

Samples: Loan Agreement (Americas Silver Corp)

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