Common use of Debt Issuances Clause in Contracts

Debt Issuances. Immediately upon receipt by any Credit Party or any of its Subsidiaries of proceeds from any Debt Issuance, the Borrower shall prepay the Loans in an aggregate amount equal to one hundred percent (100%) of the Net Cash Proceeds of such Debt Issuance (such prepayment to be applied as set forth in clause (vii) below).

Appears in 2 contracts

Samples: Credit Agreement (Infospace Inc), Credit Agreement (Armor Holdings Inc)

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Debt Issuances. Immediately upon receipt by any Credit Loan Party or any Subsidiary of its Subsidiaries the Net Cash Proceeds of proceeds from any Debt Issuance, the Borrower Borrowers shall prepay the an aggregate principal amount of Loans in an aggregate amount equal to one hundred percent (100%) of the all such Net Cash Proceeds of such Debt Issuance (such prepayment to be applied as set forth in clause (vii) below).

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Allion Healthcare Inc), Credit and Guaranty Agreement (Allion Healthcare Inc)

Debt Issuances. Immediately upon receipt by any Credit Party or any of its Subsidiaries the Borrowers of proceeds from any Debt Issuance, the Borrower Borrowers shall prepay the Loans in an aggregate amount equal to one hundred percent (100%) of the Net Cash Proceeds of such Debt Issuance (such prepayment to be applied as set forth in clause (viiv) below).

Appears in 2 contracts

Samples: Credit Agreement (Diversified Restaurant Holdings, Inc.), Credit Agreement (Diversified Restaurant Holdings, Inc.)

Debt Issuances. Immediately upon receipt by any Credit Party the Borrower or any of its Subsidiaries of proceeds from any Debt Issuance, the Borrower shall prepay the Loans in an aggregate amount equal to one hundred percent (100%) % of the Net Cash Proceeds of such Debt Issuance (such prepayment to be applied as set forth in clause (viiiv) below).

Appears in 2 contracts

Samples: Credit Agreement (Medtronic Inc), Credit Agreement (Regeneration Technologies Inc)

Debt Issuances. Immediately upon receipt by any Credit Party or any of its Subsidiaries of proceeds from any Debt Issuance, the Borrower shall prepay the Loans in an aggregate amount equal to one one-hundred percent (100%) of the Net Cash Proceeds of such Debt Issuance to the Lenders (such prepayment to be applied as set forth in clause (viiix) below).

Appears in 2 contracts

Samples: Credit Agreement (Galey & Lord Inc), Credit Agreement (Galey & Lord Inc)

Debt Issuances. Immediately Promptly, upon receipt by any Credit Party or any of its Subsidiaries of proceeds from any Debt Issuance, the Borrower shall prepay the Loans in an aggregate amount equal to one hundred percent (100%) % of the Net Cash Proceeds of such Debt Issuance (such prepayment to be applied as set forth in clause (viix) below).

Appears in 2 contracts

Samples: Credit Agreement (Gencorp Inc), Credit Agreement (Gencorp Inc)

Debt Issuances. Immediately upon receipt by any Credit Party or any of its Subsidiaries of proceeds from any Debt Issuance, the Borrower shall prepay the Loans in an aggregate amount equal to one hundred percent (100%) % of the Net Cash Proceeds of such Debt Issuance to the Lenders (such prepayment to be applied as set forth in clause (viiix) below).

Appears in 1 contract

Samples: Revolving Credit Agreement (Prospect Energy Corp)

Debt Issuances. Immediately upon receipt by any Credit Party or any Subsidiary thereof of its Subsidiaries the Net Proceeds of proceeds from any Debt Issuance, the Borrower shall prepay the Loans in an aggregate principal amount equal to one hundred percent (100%) of the Net Cash Proceeds % of such Debt Issuance (such prepayment to be applied as set forth in clause (vii) below)Net Proceeds, together with the applicable Prepayment Premium, if any.

Appears in 1 contract

Samples: Credit Agreement (ONESPAWORLD HOLDINGS LTD)

Debt Issuances. Immediately upon receipt by any Credit Party or any of its Subsidiaries of proceeds from any Debt IssuanceIssuance (other than the issuance of the Subordinated Debt except as provided in the definition thereof), the Borrower shall prepay the Loans in an aggregate amount equal to one one-hundred percent (100%) of the Net Cash Proceeds of such Debt Issuance to the Lenders (such prepayment to be applied as set forth in clause (viiviii) below).

Appears in 1 contract

Samples: Fourth Amendment and Forbearance Agreement (BGF Industries Inc)

Debt Issuances. Immediately upon receipt by any Credit Party or any of its Subsidiaries of proceeds from any Debt Issuance, the Borrower Borrowers shall prepay the Loans in an aggregate amount equal to one hundred percent (100%) of the Net Cash Proceeds of such Debt Issuance (such prepayment to be applied as set forth in clause (viiv) below).

Appears in 1 contract

Samples: Credit Agreement (VOXX International Corp)

Debt Issuances. Immediately upon receipt by -------------- any Credit Party or any of its Subsidiaries of proceeds from any Debt Issuance, the Borrower shall prepay the Loans in an aggregate amount equal to one hundred percent (100%) % of the Net Cash Proceeds of such Debt Issuance to the Lenders (such prepayment to be applied as set forth in clause (vii) below).

Appears in 1 contract

Samples: Credit Agreement (Fisher Communications Inc)

Debt Issuances. Immediately upon receipt by any Credit Party or any of its Subsidiaries of proceeds from any Debt Issuance, the Borrower shall prepay the Revolving Loans in an aggregate amount equal to one hundred percent (100%) of the Net Cash Proceeds of such Debt Issuance (such prepayment to be applied as set forth in clause (viiv) below).

Appears in 1 contract

Samples: Credit Agreement (Carrols Restaurant Group, Inc.)

Debt Issuances. Immediately upon receipt by any Credit Party or any of its Subsidiaries of proceeds from any Debt Issuance, the Borrower shall prepay the Loans in an aggregate amount equal to one hundred percent (100%) of the Net Cash Proceeds of such Debt Issuance to the Lenders (such prepayment to be applied as set forth in clause (viiv) below).

Appears in 1 contract

Samples: Credit Agreement (TTM Technologies Inc)

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Debt Issuances. Immediately upon receipt by any Credit Party or any of its Subsidiaries of proceeds from any Debt IssuanceIssuance (other than the issuance of Subordinated Debt), the Borrower Borrowers shall prepay the Loans in an aggregate amount equal to one hundred percent (100%) of the Net Cash Proceeds of such Debt Issuance to the Lenders (such prepayment to be applied as set forth in clause (viivi) below).

Appears in 1 contract

Samples: Credit Agreement (Racing Champions Corp)

Debt Issuances. Immediately immediately upon receipt by any Credit Party or any of its Subsidiaries of proceeds from any Debt Issuance, the Borrower shall prepay the Loans Term Loan in an aggregate amount equal to one hundred percent (100%) of the Net Cash Proceeds of such Debt Issuance (such prepayment to be applied as set forth in clause (viivi) below).

Appears in 1 contract

Samples: Credit Agreement (Riviera Holdings Corp)

Debt Issuances. Immediately upon receipt by any Credit Party or any of its Subsidiaries of proceeds from any Debt Issuance, the Borrower Loans shall prepay the Loans be prepaid in an aggregate amount equal to one hundred percent (100%) of the Net Cash Proceeds of such Debt Issuance (such prepayment to be applied as set forth in clause (vii) below).

Appears in 1 contract

Samples: Credit Agreement (Lionbridge Technologies Inc /De/)

Debt Issuances. Immediately upon receipt by any --------------- Credit Party or any of its Subsidiaries of proceeds from any Debt IssuanceIssuance (other than the issuance of Subordinated Debt), the Borrower Borrowers shall prepay the Loans in an aggregate amount equal to one hundred percent (100%) of the Net Cash Proceeds of such Debt Issuance to the Lenders (such prepayment to be applied as set forth in clause (vii) below).

Appears in 1 contract

Samples: Credit Agreement (Racing Champions Corp)

Debt Issuances. Immediately upon receipt by any Credit Party or any of its Subsidiaries the Consolidated Parties of proceeds from any Debt IssuanceIssuance or any Sale and Leaseback Transaction, the Borrower shall prepay the Loans in an aggregate amount equal to one hundred percent (100%) of the Net Cash Proceeds of from such Debt Issuance or Sale and Leaseback Transaction, as applicable (such prepayment to be applied as set forth in clause (viiv) below).

Appears in 1 contract

Samples: Credit Agreement (Tractor Supply Co /De/)

Debt Issuances. Immediately upon receipt by any Credit -------------- Party or any of its Subsidiaries of proceeds from any Debt IssuanceIssuance (other than the issuance of the Subordinated Debt), the Borrower shall prepay the Loans in an aggregate amount equal to one one-hundred percent (100%) of the Net Cash Proceeds of such Debt Issuance to the Lenders (such prepayment to be applied as set forth in clause (vii) below).

Appears in 1 contract

Samples: Credit Agreement (Advanced Glassfiber Yarus LLC)

Debt Issuances. Immediately upon receipt by any Credit Party or any of its Subsidiaries of proceeds from any Debt Issuance, the Borrower shall prepay the Loans in an aggregate amount equal to one hundred percent (100%) % of the Net Cash Proceeds of such Debt Issuance to the Lenders (such prepayment to be applied as set forth in clause (viivi) below).

Appears in 1 contract

Samples: Credit Agreement (Fisher Communications Inc)

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