Prepayment Event Sample Clauses

Prepayment Event. In the event and on each occasion that, during any Cash Dominion Period, any Net Proceeds are received by or on behalf of any Loan Party in respect of any Prepayment Event, the Borrowers shall, immediately after such Net Proceeds are received by any Loan Party, prepay the Borrower Obligations as set forth in Section 2.11(c) below in an aggregate amount equal to 100% of such Net Proceeds.
Prepayment Event. (a) The Company will notify the Intercreditor Agent promptly upon the occurrence of a Prepayment Event. Upon being notified by the Company of a Prepayment Event, the Intercreditor Agent shall promptly inform each Lender.
Prepayment Event. If a Prepayment Event occurs and, as a result thereof, the Lender requires prepayment of the Loan under Section 2.3(b), then:
Prepayment Event. Not later than the fifth Business Day following the date of receipt by the Borrower or any Restricted Subsidiary of any Net Proceeds in respect of any Prepayment Event (or, in the case of a Prepayment Event described in clause (d) of the definition thereof, on the date of the incurrence of the applicable Indebtedness), the Borrower shall prepay the Borrowings in an aggregate amount equal to 100% of such Net Proceeds.
Prepayment Event. (a) The sale, transfer or other disposition of any business unit, asset or other property of the Company or any Subsidiary (including dispositions in the nature of casualties (to the extent covered by insurance) or condemnations)(an Asset Sale Prepayment Event),(b) the issuance or sale by the Company or any Subsidiary of any equity securities (other than the issuance of equity securities to the Company or any of its wholly-owned Subsidiaries) or any obligations convertible into or exchangeable for, or giving any Person any right, option or warrant to acquire from the Company or any Subsidiary, any equity securities or any such convertible or exchangeable obligations. Notwithstanding the foregoing, the term iPrepayment Eventi shall not include:
Prepayment Event. Each of the following scenarios, concerning the Borrower or the members of the Group or Quiksilver Inc. constitutes a Prepayment Event:
AutoNDA by SimpleDocs
Prepayment Event. See § 3.2.2.
Prepayment Event. (i) Promptly (and in any event within three Business Days) after any officer of the Borrower obtains knowledge of any Prepayment Event or any action of the Borrower or any other Person that would be reasonably likely to result in a Prepayment Event, notice thereof in the form of an Officer's Certificate describing in reasonable detail the facts and
Prepayment Event. As soon as practicable (and in any event, within five (5) Business Days) of the occurrence of a Prepayment Event or Specified Disposition, a notification thereof, together with a description of such Prepayment Event or Specified Disposition, copies of such documents entered into in connection with the transaction giving rise to the Prepayment Event or Specified Disposition as Agent may reasonably request and calculations in form reasonably acceptable to Agent of the amount of Net Cash Proceeds, if any, arising from such Prepayment Event;
Time is Money Join Law Insider Premium to draft better contracts faster.