Common use of Certain Mandatory Prepayments Clause in Contracts

Certain Mandatory Prepayments. In addition to other amounts which shall be applied to the prepayment of Loans as provided in this Agreement, the Borrower shall apply to prepayment of the principal of the Loan, within ten Business Days following receipt thereof, (i) all Net Cash Proceeds from the sale or other disposition of all or any part of the assets or other rights of the Borrower, other than in the ordinary course of business and permitted pursuant to the terms of the Financing Agreements, having a value, individually in excess of US$100,000 and in the aggregate in any year, in excess of US$250,000, and (ii) any Liquidated Damages which shall have been made by the EPC Contractor to the Borrower under the EPC Contract.