All other Prepayment Events Clause Samples

All other Prepayment Events. On the date of each and every Prepayment Event other than as set forth in Section 2.6(a)(1) above (and on any date thereafter on which proceeds pertaining thereto are received by any Loan Party), Borrowers shall be required to prepay the outstanding principal balance of the Revolving Loans (without a corresponding reduction in Revolving Loan Commitments) and after the outstanding principal balance of the Revolving Loans has been reduced to zero Borrowers shall be required to prepay the unpaid principal balance of the M&E Term Loans and after the outstanding principal balance of the M&E Term Loans is paid in full Borrowers shall be required to prepay the outstanding principal balance of the Term Loan B, in each case without any demand or notice from Agent, any Lender or any other Person, all of which is hereby expressly waived by each Borrower, in the amount of 100% of the proceeds (net of documented reasonable out-of-pocket costs and expenses incurred in connection with the collection of such proceeds, in each case payable to Persons that are not Affiliates of any Loan Party) received by any Loan Party with respect to such Prepayment Event or Prepayment Events; provided that, after payment in full of the Term Loan B, no prepayment shall be required pursuant to this clause (2) unless the aggregate amount of such proceeds received by any Loan Party in any Fiscal Year exceeds $1,500,000.