Required Prepayments; Maturity. Each Series of Notes will be subject to required prepayments, if any, as and to the extent set forth in the Supplement relating to such Series. Upon any partial prepayment of the Notes of any Series pursuant to Section 8.2 or Section 8.3, the principal amount of each required prepayment of such Series of Notes, if any, becoming due under this Section 8.1 on and after the date of such prepayment shall be reduced in the same proportion as the aggregate unpaid principal amount of the Note of such Series is reduced as a result of such prepayment.
Appears in 2 contracts
Sources: $100,000,000 Uncommitted Master Note Facility (Agree Realty Corp), $100,000,000 Uncommitted Master Note Facility (Agree Realty Corp)