Common use of Equity Proceeds Clause in Contracts

Equity Proceeds. The Borrowers shall make mandatory principal prepayments of the Loans in the manner set forth in Section 4.4(b)(v) below in amounts equal to one hundred percent (100%) of the aggregate Net Cash Proceeds from any offering of equity securities by any Borrower or any Subsidiary thereof. Such prepayment shall be made within three (3) Business Days after the date of receipt of Net Cash Proceeds of any such transaction.

Equity Proceeds. The Borrowers shall make mandatory principal --------------- prepayments of the Term Loans in the manner set forth in Section 4.4(b)(v) below in amounts equal to one hundred fifty percent (10050%) of the aggregate Net Cash Proceeds from any offering of equity securities by any Borrower or any Subsidiary thereofof its Subsidiaries. Such prepayment shall be made within three (3) Business Days after the date of receipt of Net Cash Proceeds of any such transaction.

Equity Proceeds. The Borrowers Domestic Borrower shall make mandatory principal prepayments of the Term Loans in the manner set forth in Section 4.4(b)(v) below in amounts equal to one hundred twenty-five percent (10025%) of the aggregate Net Cash Proceeds from any offering of equity securities by any the Domestic Borrower or any Subsidiary thereofof its Subsidiaries. Such prepayment shall be made within three (3) Business Days after the date of receipt of Net Cash Proceeds of any such transaction.

Equity Proceeds. The Borrowers shall make mandatory principal prepayments of the Term Loans in the manner set forth in Section 4.4(b)(v) below in amounts equal to one hundred fifty percent (10050%) of the aggregate Net Cash Proceeds from any offering of equity securities by any Borrower or any Subsidiary thereofof its Subsidiaries. Such prepayment shall be made within three (3) Business Days after the date of receipt of Net Cash Proceeds of any such transaction.