Concurrent Financings. Prior to or substantially simultaneously with the initial credit extension, the Borrower shall have received not less than $475.0 million in gross proceeds from the issuance and sale of the Initial Secured Notes pursuant to the Secured Note Indenture and delivery of cash collateral pursuant to the Forward Purchase Contract.
Appears in 3 contracts
Samples: Credit Agreement (Sealy Corp), Credit Agreement (Sealy Corp), Credit Agreement (Sealy Corp)
Concurrent Financings. Prior to or substantially simultaneously with the initial credit extension, the Borrower Borrowers shall have received not no less than $475.0 million 709,830,200 in gross -66- proceeds from the issuance and sale of the Initial Secured Notes pursuant to the Secured Note Indenture and delivery of cash collateral pursuant to the Forward Purchase ContractIndenture.
Appears in 2 contracts
Samples: Credit Agreement (Railamerica Inc /De), Management Shareholder Agreement (Railamerica Inc /De)
Concurrent Financings. Prior to or substantially simultaneously with the initial credit extension, the Borrower shall have received not less than $475.0 million 400,000,000 in gross proceeds from the issuance and sale of the Initial Secured Notes pursuant to the Secured Note Indenture and delivery of cash collateral pursuant to the Forward Purchase ContractIndenture.
Appears in 1 contract
Samples: Credit Agreement (Accellent Inc)
