Common use of Certain Proceeds of Indebtedness Clause in Contracts

Certain Proceeds of Indebtedness. Not later than the Business Day following the date of the receipt by any Credit Party of the Net Cash Proceeds from any sale or issuance of any Indebtedness (other than any Indebtedness incurred pursuant to ‎Section 7.04 or otherwise consented to by the Required Lenders after the Closing Date), the Borrower will make a prepayment of the Loans in an amount equal to 100% of such Net Cash Proceeds in accordance with ‎Section 2.13(d) below.

Appears in 3 contracts

Samples: Credit Agreement (Purple Innovation, Inc.), Credit Agreement (Purple Innovation, Inc.), Credit Agreement (Purple Innovation, Inc.)

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Certain Proceeds of Indebtedness. Not later than the third Business Day following the date of the receipt by any Credit Party of the Net Cash Proceeds from of any sale or issuance of any Indebtedness (other than any Indebtedness incurred pursuant to ‎Section or in accordance with Section 7.04 or otherwise consented to by the Required Lenders after the Closing Date), the Borrower will make a prepayment of the Loans in an amount equal to 100% of such Net Cash Proceeds in accordance with ‎Section 2.13(dSection 2.12(d) below.

Appears in 3 contracts

Samples: Credit Agreement (DigitalOcean Holdings, Inc.), Credit Agreement (DigitalOcean Holdings, Inc.), Credit Agreement (DigitalOcean Holdings, Inc.)

Certain Proceeds of Indebtedness. Not later than the Business Day following the date of the receipt by any Credit Party of the Net Cash Proceeds from any sale or issuance of any Indebtedness other than any Indebtedness permitted to be incurred pursuant to Section 7.03 (other than any Indebtedness incurred pursuant to ‎Section 7.04 or otherwise consented to by the Required Lenders Credit Agreement Refinancing Indebtedness) after the Closing Date), the Parent Borrower will make a prepayment of the Loans in an amount equal to 100% of such Net Cash Proceeds in accordance with ‎Section 2.13(dSection 2.15(d) below.

Appears in 3 contracts

Samples: Credit Agreement (Patheon Holdings Cooperatief U.A.), Credit Agreement (Patheon Inc), Credit Agreement (JGWPT Holdings Inc.)

Certain Proceeds of Indebtedness. Not later than the second Business Day following the date of the receipt by any Credit Party of the Net Cash Proceeds from any sale or issuance of any Indebtedness (other than any Indebtedness permitted to be incurred pursuant to ‎Section Section 7.04 or otherwise consented to by the Required Lenders after the Closing Date), the Borrower Borrowers will make a prepayment of the Loans in an amount equal to 100% of such Net Cash Proceeds in accordance with ‎Section 2.13(dSection 2.10(b)(vii) below.

Appears in 2 contracts

Samples: Credit Agreement, Credit Agreement (Peabody Energy Corp)

Certain Proceeds of Indebtedness. Not later than the Business Day following the date of the receipt by any Credit Party or any of their respective Subsidiaries of the Net Cash Proceeds from any sale or issuance of any Indebtedness (other than any Indebtedness incurred pursuant to ‎Section 7.04 or otherwise consented to by the Required Lenders after the Closing DateSection 7.04), the Borrower will make a prepayment of the Loans in an amount equal to 100% of such Net Cash Proceeds in accordance with ‎Section Section 2.13(d) below.

Appears in 1 contract

Samples: Credit Agreement (TopBuild Corp)

Certain Proceeds of Indebtedness. Not later than the Business Day following the date of the receipt by any Credit Party of the Net Cash Proceeds from any sale or issuance of any Indebtedness (other than any Indebtedness incurred pursuant to ‎Section Section 7.04 or otherwise consented to by the Required Lenders after the Closing Date), the Borrower will make a prepayment of the Loans in an amount equal to 100% of such Net Cash Proceeds in accordance with ‎Section Section 2.13(d) below.

Appears in 1 contract

Samples: Assignment Agreement (Purple Innovation, Inc.)

Certain Proceeds of Indebtedness. Not later than the Business Day following the date of the receipt by any Credit Party or any Restricted Subsidiary of the Net Cash Proceeds from any sale or issuance of (A) any Indebtedness (other than any Indebtedness permitted to be incurred pursuant to ‎Section 7.04 Section 7.03 or otherwise consented to by the Required Lenders (B) any Credit Agreement Refinancing Indebtedness, in each case, after the Closing Date), the Parent Borrower will make a prepayment of the Loans in an amount equal to 100% of such Net Cash Proceeds in accordance with ‎Section 2.13(dSection 2.15(d) below.

Appears in 1 contract

Samples: Credit Agreement (PGT, Inc.)

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Certain Proceeds of Indebtedness. Not later than the Business Day following the date of the receipt by any Credit Party of the Net Cash Proceeds from any sale or issuance of any Indebtedness other than any Indebtedness permitted to be incurred pursuant to Section 7.03 (other than any Credit Agreement Refinancing Indebtedness incurred pursuant to ‎Section 7.04 or otherwise consented to by in respect of the Required Lenders Loans) after the Closing Date), the Borrower will make a prepayment of the Loans in an amount equal to 100% of such Net Cash Proceeds in accordance with ‎Section 2.13(dSection 2.15(d) below.

Appears in 1 contract

Samples: Credit Agreement

Certain Proceeds of Indebtedness. Not later than the Business Day following the date of the receipt by any Credit Party or any of their respective Subsidiaries of the Net Cash Proceeds from any sale or issuance of any Indebtedness (other than any Indebtedness incurred pursuant to ‎Section 7.04 or otherwise consented to by the Required Lenders after the Closing Date7.04), the Borrower will make a prepayment of the Loans in an amount equal to 100% of such Net Cash Proceeds in accordance with ‎Section 2.13(d) below.make

Appears in 1 contract

Samples: Credit Agreement (TopBuild Corp)

Certain Proceeds of Indebtedness. Not later than the Business Day following the date of the receipt by any Credit Party of the Net Cash Proceeds from any sale or issuance of any Indebtedness (other than any Indebtedness permitted to be incurred pursuant to ‎Section Section 7.04 or otherwise consented to by the Required Lenders after (other than Indebtedness incurred under Section 7.04(t))after the Closing Date), the Borrower will make a prepayment of the Loans in an amount equal to 100% of such Net Cash Proceeds in accordance with ‎Section Section 2.13(d) below.

Appears in 1 contract

Samples: Credit Agreement (American Dental Partners Inc)

Certain Proceeds of Indebtedness. Not later than the Business Day following the date of the receipt by any Credit Party of the Net Cash Proceeds from any sale or issuance of any Indebtedness of the type referred to in clauses (i) or (ii) of the definition thereof (other than any Indebtedness incurred permitted to be outstanding pursuant to ‎Section 7.04 or otherwise consented to by the Required Lenders after the Closing DateSection 7.04), the Borrower will make a prepayment of the Loans in an amount equal to 100% of such Net Cash Proceeds net proceeds in accordance with ‎Section 2.13(dSection 2.11(d) below.

Appears in 1 contract

Samples: Credit Agreement (Amber Road, Inc.)

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