Debt Transactions. The Borrower, any Loan Party or any of their respective Subsidiaries, as the case may be, shall prepay an aggregate principal amount of Term Loans equal to 100% of all Net Cash Proceeds received from any Debt Transaction immediately upon receipt thereof by the Borrower, such Loan Party or such Subsidiary (such prepayments to be applied as set forth in clause (v) below).
Appears in 4 contracts
Samples: Credit Agreement (Echo Pharma Acquisition LTD), Credit Agreement (Echo Pharma Acquisition LTD), Credit Agreement (Echo Pharma Acquisition LTD)
Debt Transactions. The Borrower, any Loan Party Borrower or any of their respective its Subsidiaries, as the case may be, shall prepay an aggregate principal amount of Term Loans equal to 100% of all Net Cash Proceeds received from any Debt Transaction immediately upon receipt thereof by the Borrower, such Loan Party Borrower or such Subsidiary (such prepayments to be applied as set forth in clause (viv) below).
Appears in 2 contracts
Samples: Credit Agreement (Royalty Pharma PLC), Credit Agreement (Royalty Pharma PLC)
Debt Transactions. The Borrower, any Loan Party Borrower or any of their respective its Subsidiaries, as the case may be, shall prepay an aggregate principal amount of Term Loans equal to 100% of all Net Cash Proceeds received from any Debt Transaction immediately upon receipt thereof by the Borrower, such Loan Party Borrower or such Restricted Subsidiary (such prepayments to be applied as set forth in clause (viv) below).
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