Common use of Debt Issuances Clause in Contracts

Debt Issuances. Within three (3) Business Days after receipt by the Borrower or any of its Restricted Subsidiaries of Net Cash Proceeds from any Debt Issuance (other than any Debt Issuance permitted pursuant to Section 7.01 of this Agreement), the Borrower shall prepay (or cause to be prepaid) the Term Loans in an aggregate amount equal to 100% of the Net Cash Proceeds of such Debt Issuance.

Appears in 6 contracts

Samples: Term Loan Credit Agreement (MKS Instruments Inc), Term Loan Credit Agreement (MKS Instruments Inc), Credit Agreement (Albany Molecular Research Inc)

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Debt Issuances. Within three (3) Business Days after of the receipt by the Borrower or any Subsidiary of its Restricted Subsidiaries of the Net Cash Proceeds from of any Debt Issuance (other than any Debt Issuance permitted pursuant to Section 7.01 of this Agreement)Issuance, the Borrower shall prepay (or cause to be prepaid) the Term Loans Loan as hereafter provided in an aggregate amount equal to 100% of the such Net Cash Proceeds of such Debt IssuanceProceeds.

Appears in 4 contracts

Samples: Credit Agreement (Grand Canyon Education, Inc.), Credit Agreement (Grand Canyon Education, Inc.), Credit Agreement (Grand Canyon Education, Inc.)

Debt Issuances. Within three (3) Business Days after receipt by the Borrower or any of its Restricted Subsidiaries of Net Cash Proceeds from any Debt Issuance (other than any Debt Issuance permitted pursuant to Section 7.01 of this AgreementAgreement (other than subsection (vi) thereof, to the extent not applied in connection with the related Permitted Refinancing), ) the Borrower shall prepay (or cause to be prepaid) the Term Loans in an aggregate amount equal to 100% of the Net Cash Proceeds of such Debt Issuance.

Appears in 1 contract

Samples: Credit Agreement (Amag Pharmaceuticals Inc.)

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Debt Issuances. Within Not later than three (3) Business Days after following the receipt of any Net Cash Proceeds of any Debt Issuance by the Borrower Holdings or any of its Restricted Subsidiaries of Net Cash Proceeds from any Debt Issuance Subsidiaries, Borrowers shall make prepayments in accordance with Sections 2.10(h) and (other than any Debt Issuance permitted pursuant to Section 7.01 of this Agreement), the Borrower shall prepay (or cause to be prepaidi) the Term Loans in an aggregate amount equal to 100% of the such Net Cash Proceeds of such Debt IssuanceProceeds.

Appears in 1 contract

Samples: Credit Agreement (USA Mobility, Inc)

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