Common use of Additional Equity Clause in Contracts

Additional Equity. Within thirty (30) days after any equity offering (other than the offering or exercise of stock options or other equity awards pursuant to management incentive plans or to finance an Acquisition permitted under Section 5.13 hereof) by a Company which shall be only with the prior written consent of Agent and the Required Lenders, Borrower shall make a Mandatory Prepayment in an amount equal to one hundred percent (100%) of the net cash proceeds of such equity offering.

Additional Equity. Within thirty (30) days after any equity offering (other than the offering or exercise of stock options or other equity awards pursuant to management incentive plans or to finance an Acquisition permitted under Section 5.13 hereofplans) offering by a Company (which shall be only with the prior written consent of Agent and the Required Lenders), Borrower shall make a Mandatory Prepayment in an amount equal to one hundred seventy-five percent (10075%) of the net cash proceeds of such equity offering.

Additional Equity. Within thirty (30) days after any equity offering (other than the offering or exercise of stock options or other equity awards pursuant to management incentive plans or to finance an Acquisition permitted under Section 5.13 hereof) by a Company which shall be only with the prior written consent of Agent and the Required LendersCompany, Borrower shall make a Mandatory Prepayment in an amount equal to one hundred fifty percent (10050%) of the net cash proceeds of such equity offering.

Additional Equity. Within thirty fifteen (3015) days after any equity offering (other than the offering or exercise of stock options or other equity awards pursuant to management equity incentive plans or to finance an Acquisition permitted under Section 5.13 hereoffor directors, officers, employees and consultants) by a Company (which shall be only with the prior written consent of Agent and the Required Lenders), Borrower shall make a Mandatory Prepayment in an amount equal to one hundred fifty percent (10050%) of the net cash proceeds of such equity offering.

Additional Equity. Within thirty (30) days after any equity offering (other than the offering or exercise of stock options or other equity awards pursuant to management or other incentive plans or to finance an Acquisition permitted under Section 5.13 hereofplans) by a Company which shall be only with the prior written consent of Agent and the Required LendersCompany, Borrower shall make a Mandatory Prepayment in an amount equal to one hundred fifty percent (10050%) of the net cash proceeds of such equity offering; provided that this subpart (iv) shall not be applicable during any period that the Leverage Ratio, for the most recently completed fiscal quarter of Borrower, is less than 2.00 to 1.00.