Debt Issuances. Within five Business Days after receipt by any Group Company of proceeds from any Debt Issuance (other than such Debt Issuance permitted pursuant to Section 7.01 of this Agreement), the Borrower shall prepay the Loans and/or Cash Collateralize the LC Obligations in an aggregate amount equal to 100% of the Net Cash Proceeds of such Debt Issuance.
Appears in 3 contracts
Samples: Credit Agreement (Hillman Companies Inc), Credit Agreement (Hillman Companies Inc), Credit Agreement (Hillman Companies Inc)
Debt Issuances. Within five Business Days after of the receipt thereof by any Group Company Loan Party or any Subsidiary of proceeds from the Net Cash Proceeds of any Debt Issuance (other than such Debt Issuance permitted pursuant to Section 7.01 of this Agreement)Issuance, the Borrower Borrowers shall prepay the Loans and/or Cash Collateralize the LC L/C Obligations as hereafter provided in an aggregate amount equal to one hundred percent (100% %) of the such Net Cash Proceeds of (such Debt Issuanceprepayment to be applied as set forth in Section 2.05(b)(vi) below).
Appears in 3 contracts
Samples: Credit Agreement (Montrose Environmental Group, Inc.), Credit Agreement (Montrose Environmental Group, Inc.), Credit Agreement (Montrose Environmental Group, Inc.)
Debt Issuances. Within five (5) Business Days after of the receipt by any Group Company Loan Party or any Subsidiary of proceeds from the Net Cash Proceeds of any Debt Issuance (other than such Debt Issuance permitted pursuant to Section 7.01 of this Agreement)Issuance, the Borrower shall prepay the Loans and/or Cash Collateralize the LC L/C Obligations as hereafter provided in an aggregate amount equal to 100% of the such Net Cash Proceeds of such Debt IssuanceProceeds.
Appears in 2 contracts
Samples: Credit Agreement (Silicon Laboratories Inc), Credit Agreement (Silicon Laboratories Inc)
Debt Issuances. Within five (5) Business Days after following receipt by the Borrower or any Group Company Subsidiary of proceeds from the Net Cash Proceeds of any Debt Issuance (other than such Debt Issuance permitted pursuant to Section 7.01 of this Agreement)Issuance, the Borrower shall prepay the Loans and/or and Cash Collateralize the LC L/C Obligations as hereafter provided in an aggregate amount equal to 100% of the such Net Cash Proceeds of (such Debt Issuanceprepayment to be applied as set forth in clause (vi) below).
Appears in 2 contracts
Samples: Credit Agreement (Prometheus Laboratories Inc), Credit Agreement (Prometheus Laboratories Inc)
Debt Issuances. Within five (5) Business Days after following receipt by a Loan Party or any Group Company Subsidiary of proceeds from the Net Cash Proceeds of any Debt Issuance (other than such Debt Issuance permitted pursuant to Section 7.01 of this Agreement)Issuance, the Borrower shall prepay the Loans and/or and Cash Collateralize the LC L/C Obligations as hereafter provided in an aggregate amount equal to 100% of the such Net Cash Proceeds of (such Debt Issuanceprepayment to be applied as set forth in clause (vii) below).
Appears in 2 contracts
Samples: Credit Agreement (Prometheus Laboratories Inc), Credit Agreement (Prometheus Laboratories Inc)
Debt Issuances. Within five Business Days (5) days after receipt by the Borrower or any Group Company of proceeds its Subsidiaries of Net Cash Proceeds from any Debt Issuance (other than such Debt Issuance permitted pursuant to Section 7.01 of this Agreement)Issuance, the Borrower shall prepay the Loans and/or Cash Collateralize the LC L/C Obligations in an aggregate amount equal to one hundred percent (100% %) of the such Net Cash Proceeds of (such Debt Issuanceprepayment to be applied as set forth in clause (vii) below).
Appears in 1 contract
Samples: Credit Agreement (Team Health Inc)
Debt Issuances. Within five Business Days after of the receipt thereof by any Group Company Loan Party or any Subsidiary of proceeds from the Net Cash Proceeds of any Debt Issuance (other than such Debt Issuance permitted pursuant to Section 7.01 of this Agreement)Issuance, the Borrower Borrowers shall prepay the Loans and/or Cash Collateralize the LC L/C Obligations as hereafter provided in an aggregate amount equal to 100% of the such Net Cash Proceeds of (such Debt Issuanceprepayment to be applied as set forth in Section 2.05(b)(vi)(A) below).
Appears in 1 contract
Samples: Credit Agreement (Montrose Environmental Group, Inc.)
Debt Issuances. Within five Business Days after receipt by the Borrower or any Group Company of proceeds its Restricted Subsidiaries of Net Cash Proceeds from any Debt Issuance (other than such any Debt Issuance permitted pursuant to Section 7.01 of this Agreement), the Borrower shall prepay (or cause to be prepaid) the Loans and/or Cash Collateralize the LC L/C Obligations in an aggregate amount equal to 100% of the Net Cash Proceeds of such Debt Issuance.
Appears in 1 contract
Samples: Credit Agreement (Medassets Inc)
Debt Issuances. Within five Business Days after receipt by any Group Company of proceeds Net Cash Proceeds from any Debt Issuance (other than such any Debt Issuance permitted pursuant to Section 7.01 of this Agreement), the Borrower shall prepay the Term B Loans and/or Cash Collateralize the LC L/C Obligations in an aggregate amount equal to 100% of the Net Cash Proceeds of such Debt Issuance.
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Debt Issuances. Within five Business Days after of the receipt thereof by any Group Company Loan Party or any Subsidiary of proceeds from the Net Cash Proceeds of any Debt Issuance (other than such Debt Issuance permitted pursuant to Section 7.01 of this Agreement)Issuance, the Borrower Borrowers shall prepay the Loans and/or Cash Collateralize the LC L/C Obligations as hereafter provided in an aggregate amount equal to 100% of the such Net Cash Proceeds of (such Debt Issuanceprepayment to be applied as set forth in Section 2.05(b)(vi) below).
Appears in 1 contract
Samples: Credit Agreement (Montrose Environmental Group, Inc.)
Debt Issuances. Within five (5) Business Days after of the receipt by any Group Company Loan Party or any Subsidiary of proceeds from the Net Cash Proceeds of any Debt Issuance (other than such Debt Issuance permitted pursuant to Section 7.01 the issuance of this Agreementany Permitted Convertible Indebtedness), the Borrower shall prepay the Loans and/or Cash Collateralize the LC L/C Obligations as hereafter provided in an aggregate amount equal to 100% of the such Net Cash Proceeds of such Debt IssuanceProceeds.
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Debt Issuances. Within five Business Days after receipt by any Group Company of proceeds Net Cash Proceeds from any Debt Issuance (other than such any Debt Issuance permitted pursuant to clauses (i) through (xvi) of Section 7.01 of this Agreement), the Borrower shall prepay the Loans and/or Cash Collateralize the LC L/C Obligations in an aggregate amount equal to 100% of the Net Cash Proceeds of such Debt Issuance.
Appears in 1 contract