Equity Issuances. Immediately upon receipt by a Consolidated Party of proceeds from any Equity Issuance other than an Excluded Equity Issuance, the Borrower shall prepay the Loans in an aggregate amount equal to 50% of the Net Cash Proceeds of such Equity Issuance (such prepayment to be applied as set forth in clause (vi) below).
Appears in 4 contracts
Samples: Credit Agreement (Amn Healthcare Services Inc), Credit Agreement (Amn Healthcare Services Inc), Credit Agreement (Amn Healthcare Services Inc)
Equity Issuances. Immediately upon receipt by a Consolidated any Loan Party or any Subsidiary of proceeds from the Net Cash Proceeds of any Equity Issuance other than an Excluded Equity Issuance, the Borrower shall prepay the Loans as hereinafter provided in an aggregate amount equal to 50% of the such Net Cash Proceeds of such Equity Issuance (such prepayment to be applied as set forth in clause (vivii) below).
Appears in 2 contracts
Samples: Credit and Guaranty Agreement (Providence Service Corp), Credit and Guaranty Agreement (Providence Service Corp)
Equity Issuances. Immediately upon receipt by a Consolidated any Loan Party or any Subsidiary of proceeds from the Net Cash Proceeds of any Equity Issuance other than an Excluded Equity Issuance, the Borrower Borrowers shall prepay the Loans as hereinafter provided in an aggregate amount equal to 50% of the such Net Cash Proceeds of such Equity Issuance (such prepayment to be applied as set forth in clause (vivii) below).
Appears in 2 contracts
Samples: Credit and Guaranty Agreement (Allion Healthcare Inc), Credit and Guaranty Agreement (Allion Healthcare Inc)
Equity Issuances. Immediately upon receipt by a Consolidated Party of proceeds from any Equity Issuance other than an Excluded Equity Issuance, the Borrower shall prepay the Loans in an aggregate amount equal to 50% of the Net Cash Proceeds of such Equity Issuance (such prepayment to be applied as set forth in clause (viv) below).
Appears in 2 contracts
Samples: Credit Agreement (Apria Healthcare Group Inc), Credit Agreement (Apria Healthcare Group Inc)
Equity Issuances. Immediately upon receipt by a Consolidated Party of proceeds from any Equity Issuance other than an Excluded Equity Issuance, the Borrower shall prepay the Loans in an aggregate amount equal to 50% of the Net Cash Proceeds of such Equity Issuance (such prepayment to be applied as set forth in clause (viv) below).
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Equity Issuances. Immediately upon receipt by a Consolidated any Loan Party or any Subsidiary of proceeds from the Net Cash Proceeds of any Equity Issuance other than an Excluded Equity Issuance, the Borrower Borrowers shall prepay the Loans as hereinafter provided in an aggregate amount equal to 50% of the such Net Cash Proceeds of such Equity Issuance (such prepayment to be applied as set forth in clause (vivii) below).. (iv)
Appears in 1 contract
Samples: Credit and Guaranty Agreement
Equity Issuances. Immediately upon receipt by a Consolidated Party of proceeds from any Equity Issuance other than an Excluded Equity Issuance, the Borrower shall prepay the Loans in an aggregate amount equal to 50% of the Net Cash Proceeds of such Equity Issuance (such prepayment to be applied as set forth in clause (vivii) below).
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Equity Issuances. Immediately upon receipt by a Consolidated Party the occurrence of proceeds from an Equity Issuance (other than any Equity Issuance other than an Excluded Equity Issuanceto the Sponsor or to any employee of a Loan Party), the Borrower shall prepay the Loans in an aggregate amount equal to 50% of the Net Cash Proceeds of such Equity Issuance (such prepayment to be applied as set forth in clause (vi) below).
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