Common use of Application of Net Sale Proceeds prepayment Clause in Contracts

Application of Net Sale Proceeds prepayment. (a) In this Clause 11.6, “Receipt Date” means the date on which any Net Sale Proceeds to which paragraph (a) of Clause 11.5 (Mandatory prepayment — Net Sale Proceeds) applies (the “Relevant Net Sale Proceeds) have been received by any member of the Group.

Appears in 4 contracts

Samples: Facility Agreement (Rockwood Holdings, Inc.), Facility Agreement (Rockwood Specialties Group Inc), Amendment and Restatement Agreement (Rockwood Holdings, Inc.)

AutoNDA by SimpleDocs

Application of Net Sale Proceeds prepayment. (a) In this Clause 11.6, “Receipt Date” means the date on which any Net Sale Proceeds to which paragraph (a) of Clause 11.5 (Mandatory prepayment Net Sale Proceeds) applies (the “Relevant Net Sale Proceeds) have been received by any member of the Group.

Appears in 1 contract

Samples: Facility Agreement (Rockwood Specialties Group Inc)

AutoNDA by SimpleDocs

Application of Net Sale Proceeds prepayment. (a) In this Clause 11.618.6, “Receipt Date” means the date on which any Net Sale Proceeds to which paragraph (a) of Clause 11.5 18.5 (Mandatory prepayment — Net Sale Proceeds) applies (the “Relevant Net Sale Proceeds) have been received by any member of the Group.

Appears in 1 contract

Samples: Amendment and Restatement Agreement (Rockwood Holdings, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!