Common use of Application of Prepayments Clause in Contracts

Application of Prepayments. Any prepayment of any part of the Loan (other than a prepayment pursuant to Clause 7.1 (Illegality and Sanctions affecting a Lender) or Clause 7.7 (Right of repayment and cancellation in relation to a single Lender)) shall be applied pro rata to each Lender's participation in that part of the Loan.

Appears in 3 contracts

Sources: Facility Agreement (Navios Maritime Partners L.P.), Term Loan Facility (Navios Maritime Partners L.P.), Term Loan Facility (Navios Maritime Partners L.P.)

Application of Prepayments. Any prepayment of any part of the a Loan (other than a prepayment pursuant to Clause 7.1 (Illegality and Sanctions affecting a LenderIllegality) or Clause 7.7 7.4 (Right of cancellation and repayment and cancellation in relation to a single Lender)) shall be applied pro rata to each Lender's ’s participation in that part of the Loan.

Appears in 2 contracts

Sources: Syndication and Amendment Agreement (Igate Corp), Facilities Agreement (Igate Corp)

Application of Prepayments. Any prepayment of any part of the Loan (other than a prepayment pursuant to Clause 7.1 (Illegality and Sanctions affecting a Lender) or Clause 7.7 8.8 (Right of replacement or repayment and cancellation in relation to a single Lender)) shall be applied pro rata to each Lender's participation in that part of the Loan.. 63 ‌ EUROPE/73091764v9 ​

Appears in 2 contracts

Sources: Term, Revolving and Accordion Facilities Agreement (Ardmore Shipping Corp), Term, Revolving and Accordion Facilities Agreement (Ardmore Shipping Corp)

Application of Prepayments. Any prepayment of any part of the Loan (other than a prepayment pursuant to Clause 7.1 (Illegality and Sanctions affecting a Lender)) or Clause 7.7 7.5 (Right of repayment and cancellation in relation to a single Lender)) shall be applied pro rata to each Lender's participation in that part of the Loan.

Appears in 2 contracts

Sources: Facility Agreement (Okeanis Eco Tankers Corp.), Facility Agreement (Okeanis Eco Tankers Corp.)

Application of Prepayments. Any prepayment of any part of the a Loan (other than a prepayment pursuant to Clause 7.1 9.1 (Illegality and Illegality), Clause 9.2 (Sanctions affecting a LenderPrepayment Events) or Clause 7.7 8.3 (Right of cancellation and repayment and cancellation in relation to a single Lender)) shall be applied pro rata to each Lender's participation in that part of the Loan.

Appears in 2 contracts

Sources: Senior Term Facilities Agreement (CorpAcq Group PLC), Senior Term Facilities Agreement (CorpAcq Group PLC)

Application of Prepayments. Any prepayment of any part of the Loan (other than a prepayment pursuant to Clause 7.1 (Illegality and Sanctions affecting a LenderIllegality) or Clause 7.7 7.4 (Right of cancellation and repayment and cancellation in relation to a single Lender) or sub-paragraph (B) of paragraph (a) of Clause 37.6 (Replacement of Lender)) shall be applied pro rata to each Lender's ’s participation in that part of the Loan.

Appears in 2 contracts

Sources: Facility Agreement (WuXi PharmaTech (Cayman) Inc.), Facility Agreement (WuXi PharmaTech (Cayman) Inc.)

Application of Prepayments. Any prepayment of any part of the Loan (other than a prepayment pursuant to Clause 7.1 (Illegality and Sanctions affecting a Lender)) or Clause 7.7 7.6 (Right of repayment and cancellation in relation to a single Lender)) shall be applied pro rata to each Lender's ’s participation in that part of the Loan.

Appears in 2 contracts

Sources: Facility Agreement (Navios Maritime Partners L.P.), Facility Agreement (Navios Maritime Partners L.P.)

Application of Prepayments. Any prepayment of any part of the Loan (other than a prepayment pursuant to Clause 7.1 (Illegality and Sanctions affecting a LenderIllegality) or Clause 7.7 7.4 (Right of cancellation and repayment and cancellation in relation to a single Lender) or Clause 9.9 (Application of prepayments)) shall be applied pro rata to each Lender's ’s participation in that part of the Loan.

Appears in 2 contracts

Sources: Facility Agreement (Baring Asia Private Equity Fund v Co-Investment L.P.), Facility Agreement (Giant Interactive Group Inc.)

Application of Prepayments. Any prepayment of any part of the Loan (other than a prepayment pursuant to Clause 7.1 (Illegality and Sanctions affecting a Lender) or Clause 7.7 7.5 (Right of repayment and cancellation in relation to a single Lender)) shall be applied pro rata to each Lender's participation in that part of the Loan.

Appears in 2 contracts

Sources: Facility Agreement (Euroseas Ltd.), Facility Agreement (Euroseas Ltd.)

Application of Prepayments. Any prepayment of any part of the a Loan (other than a prepayment pursuant to Clause 7.1 clause 9.1 (Illegality and Sanctions affecting a LenderIllegality) or Clause 7.7 clause 9.7 (Right of cancellation and repayment and cancellation in relation to a single Lender)) shall be applied pro rata to each Lender's participation in that part of the Loan.

Appears in 1 contract

Sources: Facilities Agreement

Application of Prepayments. Any prepayment of any part of the Loan (other than a prepayment pursuant to Clause 7.1 (Illegality and Sanctions affecting a Lender) or Clause 7.7 7.6 (Right of repayment and cancellation in relation to a single Lender)) shall be applied pro rata to each Lender's participation in that part of the Loan.

Appears in 1 contract

Sources: Term Loan Facility (Navios South American Logistics Inc.)

Application of Prepayments. Any prepayment of any part of the a Loan (other than a prepayment pursuant to Clause 7.1 (Illegality and Sanctions affecting a LenderIllegality), Clause 7.3 (Change of Control) or Clause 7.7 (Right of replacement or repayment and cancellation in relation to a single Lender)) shall be applied pro rata to each Lender's participation in that part of the Loan.

Appears in 1 contract

Sources: Bridge Facility Agreement

Application of Prepayments. Any prepayment of any part of the a Loan pursuant to this Agreement (other than a prepayment pursuant to Clause 7.1 (Illegality and Sanctions affecting a Lender) or Clause 7.7 (Right of Replacement or repayment and cancellation in relation to a single Lender)) shall be applied pro rata to each Lender's ’s participation in that part of the Loan.

Appears in 1 contract

Sources: Bridge Loan Facility Agreement (Lifezone Metals LTD)

Application of Prepayments. Any prepayment of any part of the a Loan (other than a prepayment to a single Lender pursuant to Clause Clause 7.1 (Illegality and Sanctions affecting a LenderIllegality), Clause 7.2 (Change of control) or Clause 7.7 (Right of replacement or repayment and cancellation in relation to a single Lender)) shall be applied pro rata to each Lender's participation in that part of the Loan.

Appears in 1 contract

Sources: Facility Agreement

Application of Prepayments. Any prepayment of any part of the a Loan (other than a prepayment to a single Lender pursuant to Clause 7.1 (Illegality and Sanctions affecting a LenderIllegality), Clause 7.2 (Change of control) or Clause 7.7 7.6 (Right of replacement or repayment and cancellation in relation to a single Lender)) shall be applied pro rata to each Lender's participation in that part of the Loan.

Appears in 1 contract

Sources: Facilities Agreement

Application of Prepayments. Any prepayment of any part of the Loan (other than a prepayment pursuant to Clause 7.1 (Illegality and Sanctions affecting a Lender) or Clause 7.7 (Right of repayment and cancellation in relation to a single Lender)) shall be applied pro rata to each Lender's ’s participation in that part of the Loan.

Appears in 1 contract

Sources: Term Loan Facility (Navios Maritime Partners L.P.)

Application of Prepayments. Any prepayment of any part of the Loan (other than a prepayment pursuant to Clause 7.1 (Illegality and Sanctions affecting a LenderIllegality)) or Clause 7.7 7.10 (Right of repayment and cancellation in relation to a single Lender)) shall be applied pro rata to each Lender's ’s participation in that part of the Loan.

Appears in 1 contract

Sources: Facility Agreement (Navios Maritime Partners L.P.)

Application of Prepayments. Any prepayment of any part of the Loan (other than a prepayment pursuant to Clause 7.1 (Illegality and Sanctions Laws affecting a Lender)) or Clause 7.7 (Right of replacement or repayment and cancellation in relation to a single Lender)) shall be applied pro rata to each Lender's ’s participation in that part of the Loan.

Appears in 1 contract

Sources: Term Loan Facility (Navios Maritime Partners L.P.)

Application of Prepayments. Any prepayment of any part of the Loan (other than a prepayment pursuant to Clause 7.1 (Illegality and Sanctions affecting a LenderIllegality) or Clause 7.7 (Right of replacement or repayment and cancellation in relation to a single Lender)) shall be applied pro rata to each Lender's participation in that part of the Loan.

Appears in 1 contract

Sources: Term Loan Facility (Okeanis Eco Tankers Corp.)

Application of Prepayments. Any prepayment of any part of the Loan (other than a prepayment pursuant to Clause 7.1 (Illegality and Sanctions affecting a LenderIllegality) or Clause 7.7 7.6 (Right of replacement or repayment and cancellation in relation to a single Lender)) shall be applied pro rata to each Lender's participation in that part of the Loan.

Appears in 1 contract

Sources: Facility Agreement (Taylor Maritime Investments LTD)

Application of Prepayments. Any In case of any prepayment of any part of the Loan (other than a prepayment pursuant to Clause 7.1 (Illegality and Sanctions affecting a Lender) or Clause 7.7 7.6 (Right of repayment and cancellation in relation to a single Lender)) , shall be applied pro rata to each Lender's ’s participation in that part of the Loan.. ​

Appears in 1 contract

Sources: Term Loan Facility Agreement (Okeanis Eco Tankers Corp.)

Application of Prepayments. Any prepayment of any part of the Loan (other than a prepayment pursuant to Clause 7.1 (Illegality and Sanctions affecting a LenderIllegality) or Clause 7.7 7.6 (Right of replacement or repayment and cancellation in relation to a single Lender)) shall be applied pro rata to each Lender's ’s participation in that part of the Loan.

Appears in 1 contract

Sources: Term Loan Facility Agreement (Castor Maritime Inc.)

Application of Prepayments. Any prepayment of any part of the Loan (other than a prepayment pursuant to Clause 7.1 (Illegality and Sanctions affecting a Lender) or Clause 7.7 8.8 (Right of replacement or repayment and cancellation in relation to a single Lender)) shall be applied pro rata to each Lender's participation in that part of the Loan.. 63 ‌ EUROPE/75083879v5 ​

Appears in 1 contract

Sources: Revolving and Accordion Facilities Agreement (Ardmore Shipping Corp)

Application of Prepayments. Any prepayment of any part of the a Loan (other than a prepayment pursuant to Clause 7.1 9.1 (Illegality and Sanctions affecting a LenderIllegality) or Clause 7.7 9.8 (Right of cancellation and repayment and cancellation in relation to a single Lender)) shall be applied pro rata to each Lender's ’s participation in that part of the Loan.

Appears in 1 contract

Sources: Facility Agreement (InterXion Holding N.V.)

Application of Prepayments. Any prepayment of any part of the Loan (other than a prepayment pursuant to Clause 7.1 (Illegality and Sanctions affecting a Lender) or Clause 7.7 7.5 (Right of repayment and cancellation in relation to a single Lender)) shall be applied pro rata to each Lender's participation in that part of the Loan.

Appears in 1 contract

Sources: Term Loan Facility Agreement (Navios Maritime Partners L.P.)

Application of Prepayments. Any prepayment of any part of the Loan (other than a prepayment pursuant to Clause 7.1 (Illegality and Sanctions affecting a Lender) or Clause 7.7 7.6 (Right of repayment and cancellation in relation to a single Lender)) shall be applied pro rata to each Lender's ’s participation in that part of the Loan.

Appears in 1 contract

Sources: Facility Agreement (Navios Maritime Partners L.P.)

Application of Prepayments. Any prepayment of any part of the Loan (other than a prepayment pursuant to Clause 7.1 (Illegality and Sanctions affecting a LenderIllegality) or Clause 7.7 7.6 (Right of repayment and cancellation in relation to a single Lender)) shall be applied pro rata to each Lender's participation in that part of the Loan.

Appears in 1 contract

Sources: Facility Agreement (Globus Maritime LTD)

Application of Prepayments. Any prepayment of any part of the a Loan (other than a prepayment pursuant to Clause 7.1 (Illegality and Sanctions affecting a LenderIllegality) or Clause 7.7 7.4 (Right of cancellation and repayment and cancellation in relation to a single Lender)) shall be applied pro rata to each Lender's participation in that part of the Loan.

Appears in 1 contract

Sources: Facilities Agreement (Lesaka Technologies Inc)

Application of Prepayments. Any prepayment of any part of the a Loan (other than a prepayment pursuant to Clause 7.1 10.1 (Illegality and Sanctions affecting a LenderIllegality) or Clause 7.7 10.5 (Right of cancellation and repayment and cancellation in relation to a single Lender)) shall be applied pro rata to each Lender's ’s participation in that part of the Loan.

Appears in 1 contract

Sources: Senior Facilities Agreement (OpSec Holdings)

Application of Prepayments. Any prepayment of any part of the a Loan (other than a prepayment pursuant to Clause 7.1 ‎9.1 (Illegality and Sanctions affecting a LenderIllegality) or Clause 7.7 ‎9.5 (Right of cancellation and repayment and cancellation in relation to a single Lender)) shall be applied pro rata to each Lender's ’s participation in that part of the Loan.

Appears in 1 contract

Sources: Senior Facilities Agreement (Inspired Entertainment, Inc.)