Pro Rata Payment. All payments owed to the Holders of the Notes (whether for principal, interest, or otherwise) shall be made pro rata among such Holders based upon the aggregate unpaid principal amount of the Notes held by each such Holder.
Appears in 2 contracts
Samples: Subordinated Note Purchase Agreement (HCSB Financial Corp), Subordinated Note Purchase Agreement (CommunitySouth Financial CORP)
Pro Rata Payment. All payments owed by the Company to the Holders of the Notes (whether for principal, interest, premium or otherwise) shall be made allocated among the Notes pro rata among such Holders based upon the aggregate unpaid in accordance with their respective outstanding principal amount of the Notes held by each such Holderbalances.
Appears in 1 contract
Samples: Note and Warrant Purchase Agreement (Yellowbrix Inc)
Pro Rata Payment. All payments owed to the Holders of the Notes (whether for principal, interest, interest or otherwise) shall be made pro rata among such Holders based upon the aggregate unpaid principal amount of the Notes held by each such Holder.
Appears in 1 contract
Samples: Subordinated Note and Warrant Purchase Agreement (First Community Corp /Sc/)
Pro Rata Payment. All payments owed to the Holders of the Notes (whether for principal, interest, premium or otherwise) shall be made pro rata among such Holders based upon the aggregate unpaid principal amount of the Notes held by each such Holder.
Appears in 1 contract
Samples: Subordinated Note and Securities Purchase Agreement (Security Bank Corp)
Pro Rata Payment. All payments owed to (including prepayments) by the Holders ---------------- Company of principal of any Notes and the Notes (whether for principal, interest, or otherwise) interest accrued thereon shall be made to the holders of all outstanding Notes, pro rata among such Holders based upon according to the aggregate unpaid principal amount of the such Notes held by each such Holderthem.
Appears in 1 contract
Pro Rata Payment. All Except as expressly provided in Sections 3.7 and 7.16.1, all payments owed to the Holders holders of the Notes (whether for of principal, interest, interest or otherwise) shall be made pro rata among such Holders holders based upon the aggregate unpaid principal amount of the Notes held by each such Holder.holder. If any holder of a Note obtains any payment (whether voluntary or involuntary) of principal, interest or other amount with respect to any Note in excess of such holder's pro rata share of such payments obtained by all holders of the Notes (other than as expressly provided in Sections
Appears in 1 contract
Samples: Subordinated Loan Agreement (Synagro Technologies Inc)
