Common use of Equity Transactions Clause in Contracts

Equity Transactions. Prepayment will be made on the Loans in an amount equal to fifty percent (50%) of the Net Cash Proceeds from any Equity Transactions on the Business Day following receipt thereof.

Appears in 2 contracts

Samples: Credit Agreement (Huron Consulting Group Inc.), Credit Agreement (Huron Consulting Group Inc.)

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Equity Transactions. Prepayment will be made on the Loans Loan Obligations in an amount equal to fifty percent (50%) 100% of the Net Cash Proceeds from any Equity Transactions on the fifth Business Day following receipt thereof.

Appears in 1 contract

Samples: Senior Secured Credit Agreement (Mac-Gray Corp)

Equity Transactions. Prepayment will be made on the Revolving Loans in an amount equal to fifty percent (50%) 100% of the Net Cash Proceeds from any Equity Transactions on the fifth Business Day following receipt thereof.

Appears in 1 contract

Samples: Senior Unsecured Credit Agreement (Mac-Gray Corp)

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Equity Transactions. Prepayment will be made on the Loans Obligations in an amount equal to fifty percent (50%) of the Net Cash Proceeds from any Equity Transactions on the Business Day following receipt thereof.

Appears in 1 contract

Samples: Credit Agreement (International Shipholding Corp)

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