Dim LastRow As Long
Dim RowNdx As Long
Dim OldVal As String

LastRow = Cells(Rows.Count, "I").End(xlUp).Row
OldVal = Range("C1")
For RowNdx = 5 To LastRow
If Cells(RowNdx, "I").Value = "" Then
Cells(RowNdx, "C").Value = OldVal
Else
OldVal = Cells(RowNdx, "C").Value
End If
Next RowNdx

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