Common use of Debt Issuances Clause in Contracts

Debt Issuances. Immediately upon receipt by any Loan Party of the Net Cash Proceeds of any Debt Issuance by any Loan Party, the Borrower shall prepay the Loans as hereafter provided in an aggregate amount equal to 100% of such Net Cash Proceeds.

Appears in 8 contracts

Samples: Credit Agreement (Concentrix Corp), Credit Agreement (Synnex Corp), Credit Agreement (Concentrix Corp)

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

Appears in 4 contracts

Samples: Credit Agreement (Fluent, Inc.), Credit Agreement (Fluent, Inc.), Credit Agreement (Fluent, Inc.)

Debt Issuances. Immediately upon receipt by any Loan Party or any Subsidiary of the Net Cash Proceeds of any Debt Issuance by any Loan PartyIssuance, the Borrower Borrowers shall prepay the Loans as hereafter provided in an aggregate amount equal to 100% of such Net Cash Proceeds.

Appears in 2 contracts

Samples: Senior Secured Super Priority Debtor in Possession Credit Agreement, Senior Secured Super Priority Debtor in Possession Credit Agreement (Aralez Pharmaceuticals Inc.)

Debt Issuances. Immediately upon receipt by any Loan Party or any Subsidiary of the Net Cash Proceeds of any Debt Issuance by any Loan PartyIssuance, the Borrower shall prepay the Loans as hereafter provided in an aggregate amount equal to 100% of such Net Cash ProceedsProceeds (such prepayment to be applied as set forth in clause (v) below).

Appears in 1 contract

Samples: Credit Agreement (Online Resources Corp)

Debt Issuances. Immediately upon receipt by any Loan Party of the Net Cash Proceeds of any Debt Issuance by any Loan PartyIssuance, the Borrower shall prepay repay the Loans as hereafter provided Obligations in an aggregate amount equal to 100% of such Net Cash ProceedsProceeds as provided in Section 2.04(b)(iv).

Appears in 1 contract

Samples: Credit Agreement (Quest Resource Corp)

Debt Issuances. Immediately upon receipt by any Loan Party of the Net Cash Proceeds of any Debt Issuance by any Loan PartyIssuance, the Borrower shall prepay the Loans as hereafter provided in an aggregate amount equal to 100% of such Net Cash ProceedsProceeds (such prepayment to be applied as set forth in clause (iv) below).

Appears in 1 contract

Samples: Credit Agreement (Syntel Inc)

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Debt Issuances. Immediately upon receipt by any Loan Party Group Company of the Net Cash Proceeds of from any Debt Issuance by (other than any Loan PartyDebt Issuance permitted pursuant to Section 7.01 of this Agreement), the Borrower shall prepay the Loans as hereafter provided Loan in an aggregate amount equal to 100% of such the Net Cash ProceedsProceeds of such Debt Issuance.

Appears in 1 contract

Samples: Credit Agreement (Orbimage Inc)

Debt Issuances. Immediately upon receipt by any Loan Party or any Restricted Subsidiary of the Net Cash Proceeds of any Debt Issuance by any Loan PartyIssuance, the Borrower shall prepay the Loans Obligations as hereafter provided in an aggregate amount equal to 100% of such Net Cash Proceeds.

Appears in 1 contract

Samples: Credit Agreement (Caliburn International Corp)

Debt Issuances. Immediately upon receipt by any Loan Party or any Subsidiary of the Net Cash Proceeds of any Debt Issuance by any Loan PartyIssuance, the Borrower shall prepay the Loans as hereafter provided in an aggregate amount equal to 100% of such Net Cash Proceeds.

Appears in 1 contract

Samples: Senior Secured Super Priority Debtor in Possession Credit Agreement (Adeptus Health Inc.)

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