Equity Issuance; Debt Issuance. Upon any Equity Issuance or any ------------------------------ Debt Issuance after the Closing Date, in an aggregate principal amount equal to 50% of the Net Available Proceeds of such Equity Issuance (it being understood that Acquisitions effected with the issuance of common stock shall not require any prepayment) or 100% of the Net Available Proceeds of such Debt Issuance, as the case may be. The foregoing provisions of this Section 2.10(a)(ii) do not apply with respect to any Net Available Proceeds of any Debt Issuance or Equity Issuance provided on terms and conditions satisfactory to the Majority Lenders and the Joint Lead Arrangers after the Closing Date to the extent such Net Available Proceeds of any such Debt Issuance or Equity Issuance is simultaneously used to effect the consummation of any Acquisition made pursuant to Section 9.06(b).
Equity Issuance; Debt Issuance. On the date on which ------------------------------ Borrower or any Restricted Subsidiary receives any Net Available Proceeds from any Equity Issuance or any Debt Issuance on or after October 26, 2001, in an aggregate principal amount equal to 25% of the Net Available Proceeds received by Borrower or such Restricted Subsidiary from such Equity Issuance or 100% of the Net Available Proceeds received by Borrower or such Restricted Subsidiary from such Debt Issuance, as the case may be.
Equity Issuance; Debt Issuance. Upon any Equity Issuance or any Debt Issuance after the Closing Date, in an aggregate principal amount equal to 50% of the Net Available Proceeds of such Equity Issuance or 100% of the Net Available Proceeds of such Debt Issuance, as the case may be; PROVIDED, HOWEVER, that if at the time of receipt of such Net Available Proceeds the Leverage Ratio is less than 2.0:1.0 as evidenced in an Officers' Certificate delivered to the Administrative Agent, such Net Available Proceeds shall not be required to be applied to the prepayment of the Term Loans.
Equity Issuance; Debt Issuance. Within two Business Days after any Equity Issuance or any Debt Issuance after the Closing Date, in an aggregate principal amount equal to 100% of the Net Available Proceeds of such Equity Issuance or such Debt Issuance, as the case may be.
Equity Issuance; Debt Issuance. Promptly upon the receipt by the Borrower of proceeds from (A) an Equity Transaction (other than a transaction the sole purpose of which is an exchange for Senior Notes or Senior Preferred Stock) or (B) the incurrence of debt by the Borrower for borrowed money (other than Indebtedness permitted by Section 8.1(a) hereof), the Borrower shall forward such proceeds to the Lenders as a prepayment of the Loans (to be applied as set forth in Section 3.2(c) below).
Equity Issuance; Debt Issuance. Upon any Equity Issuance or any Debt Issuance after the Amendment and Restatement Date (other than up to $6.21 million of gross proceeds from the Public Offering which may be received upon exercise of the over-allotment option granted to the underwriters in connection therewith), in an aggregate principal amount equal to 50% of the Net Available Proceeds of such Equity Issuance or 100% of the Net Available Proceeds of such Debt Issuance, as the case may be; provided, however, that if at the time of receipt of such Net Available Proceeds the Leverage Ratio is less than 2.0:1.0 as evidenced in an Officers' Certificate delivered to the Administrative Agent, the Revolving Credit Commitments need not be so reduced.
Equity Issuance; Debt Issuance. Upon any Equity Issuance ------------------------------ or any Debt Issuance on or after October 26, 2001, in an aggregate principal amount equal to 25% of the Net Available Proceeds of such Equity Issuance or 100% of the Net Available Proceeds of such Debt Issuance, as the case may be.
