Debt Transactions. Unless otherwise agreed by the Required Lenders, prepayment will be made on the Loan Obligations in an amount equal to one hundred percent (100%) of the Net Cash Proceeds from any Debt Transactions on the Business Day following receipt thereof.
Appears in 2 contracts
Samples: Credit Agreement (Pfsweb Inc), Credit Agreement (Pfsweb Inc)
Debt Transactions. Unless otherwise agreed by the Required Lenders, prepayment will be made on the Loan Obligations in an amount equal to one hundred percent (100%) of the Net Cash Proceeds from any Debt Transactions occurring after the Closing Date on the Business Day following receipt thereof.
Appears in 1 contract
Debt Transactions. Unless otherwise agreed by the Required Lenders, prepayment will be made on the Loan Obligations in an amount equal to one hundred percent (100%) % of the Net Cash Proceeds from any Debt Transactions occurring after the Closing Date on the Business Day following receipt thereof.
Appears in 1 contract
Samples: Credit Agreement (Ptek Holdings Inc)