Common use of Equity Issuance Clause in Contracts

Equity Issuance. Not later than two (2) Business Days following the receipt of any Net Cash Proceeds of any Equity Issuance, Borrower shall make prepayments in accordance with Section 2.08(h) in an aggregate principal amount equal to 75% of such Net Cash Proceeds.

Appears in 2 contracts

Samples: Credit Agreement (Kemet Corp), Credit Agreement (Kemet Corp)

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Equity Issuance. Not later than two (2) one Business Days Day following the receipt of any Net Cash Proceeds of any Equity Issuance, Borrower shall make prepayments in accordance with Section 2.08(hSections 2.10(h) and (i) in an aggregate principal amount equal to 75100% of such Net Cash Proceeds.

Appears in 2 contracts

Samples: Second Lien Term Loan Agreement (Critical Homecare Solutions Holdings, Inc.), First Lien Credit Agreement (Critical Homecare Solutions Holdings, Inc.)

Equity Issuance. Not later than two one (21) Business Days Day following the receipt of any Net Cash Proceeds of any Equity Issuance, the Borrower shall make prepayments in accordance with Section 2.08(h2.10(g) and (h) in an aggregate principal amount equal to 75100% of such Net Cash Proceeds.

Appears in 2 contracts

Samples: Intercreditor Agreement (Novelis Inc.), Term Credit Agreement (Novelis Inc.)

Equity Issuance. Not later than two one (21) Business Days Day following the receipt of any Net Cash Proceeds of any Equity IssuanceIssuance (other than compensation options), Borrower shall make prepayments in accordance with Section 2.08(hSections 2.10(h) and (i) in an aggregate principal amount equal to 7550% of such Net Cash Proceeds.

Appears in 1 contract

Samples: Credit Agreement (Quest Resource Corp)

Equity Issuance. Not No later than two (2) one Business Days Day following the receipt by the Borrower or any Subsidiary of any the Net Cash Proceeds of any Equity IssuanceIssuance after the Funding Date, the Borrower shall make prepayments prepay the Loans as hereinafter provided in accordance with clause (iii) of this Section 2.08(h2.06(b) in an aggregate principal amount equal to 75100% of such Net Cash Proceeds.

Appears in 1 contract

Samples: Credit Agreement (ONE Gas, Inc.)

Equity Issuance. Not later than two one (21) Business Days Day following the receipt of any Net Cash Proceeds of any Equity Issuance, the Borrower shall make prepayments in accordance with Section 2.08(h2.10(g) and (h) in an aggregate principal amount equal to 75100% of such Net Cash Proceeds.. (f) [Intentionally omitted]. (g)

Appears in 1 contract

Samples: Term Credit Agreement (Novelis Inc.)

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Equity Issuance. Not later than two (2) one Business Days Day following the receipt of any Net Cash Proceeds of any Equity IssuanceIssuance by any Company, Borrower shall make prepayments in accordance with Section 2.08(h2.10(h) in an aggregate principal amount equal to 75100% of such Net Cash Proceeds.Proceeds of any Equity Issuance (other than any Equity Interests issued upon the exercise of any warrant or option or equity-based derivative not in excess of $200,000 in the aggregate);

Appears in 1 contract

Samples: Credit Agreement (HC2 Holdings, Inc.)

Equity Issuance. Not later than two (2) Business Days following the receipt of any Net Cash Proceeds of any Equity IssuanceIssuance by the Borrower, the Borrower shall make prepayments in accordance with Section 2.08(hSections 2.10(e) and (f) in an aggregate principal amount equal to 75100% of such Net Cash Proceeds.

Appears in 1 contract

Samples: Credit Agreement (Activision Inc /Ny)

Equity Issuance. Not later than two (2) one Business Days Day following the receipt of any Net Cash Proceeds of any Equity Issuance, Borrower shall make prepayments in accordance with Section 2.08(hSections 2.10(h) and (i) in an aggregate principal amount equal to 7550% of such Net Cash Proceeds.

Appears in 1 contract

Samples: Credit Agreement (Thompson Creek Metals CO Inc.)

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