Asset Disposition Proceeds. Within five (5) Business Days after any Loan Party or any Subsidiary receives the proceeds of any Asset Disposition, the Company shall prepay the Notes in an amount equal to one hundred percent (100%) of the Net Cash Proceeds of such Asset Disposition.
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Samples: Note Purchase Agreement (KonaTel, Inc.), Note Purchase Agreement (KonaTel, Inc.)
Asset Disposition Proceeds. Within five (5) Business Days after any Loan Party or any Subsidiary receives the proceeds of any Asset Disposition, the Company Borrower shall prepay the Notes in an amount equal to one hundred percent (100%) of the Net Cash Proceeds of such Asset Disposition.
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Asset Disposition Proceeds. Within five (5) Business Days after any Loan Party or any Subsidiary receives the proceeds of any Asset Disposition, the Company Borrower shall prepay the Notes in an amount equal to one hundred percent (100%) of the Net Cash Proceeds of such Asset Disposition, to the extent such Net Cash Proceeds are not deposited into the Payment Account.
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Samples: Note Purchase Agreement (Interactive Strength, Inc.)
Asset Disposition Proceeds. Within five (5) Business Days after any Loan Party or any Subsidiary receives the proceeds of any Asset Disposition, the Company Borrower shall prepay the Notes Note in an amount equal to one hundred percent (100%) of the Net Cash Proceeds of such Asset Disposition.
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