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Common use of Manner of Prepayments Clause in Contracts

Manner of Prepayments. All prepayments of Term Loans shall be applied pro rata among the Term Loans according to the principal amounts thereof.

Appears in 4 contracts

Sources: Term Loan Credit Agreement (Qumu Corp), Term Loan Credit Agreement (Qumu Corp), Term Loan Credit Agreement

Related Clauses

  • Application of Prepayments
  • Effect of Prepayments
  • Application of prepayment
  • Notice of Prepayments
  • Application of Prepayments Reductions

Parent Clauses

  • Reduction or Termination of the Revolving Commitment Prepayments
  • Administrative Agent’s Fees
  • Reduction or Termination of the Commitment Prepayments
  • Computation of Interest
  • Certain Conditions

Sub-Clauses

  • All Prepayments
  • Making of Payments
  • Application of Certain Payments
  • Due Date Extension
  • Compliance Certificate
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