Extraordinary Receipts. Within 1 Business Day of the date of receipt by Borrower or any of its Subsidiaries of any Extraordinary Receipts, Borrower shall prepay the outstanding principal amount of the Obligations in accordance with Section 2.4(f)(ii) in an amount equal to 100% of such Extraordinary Receipts, net of any reasonable expenses incurred in collecting such Extraordinary Receipts.
Appears in 5 contracts
Samples: Credit Agreement (Asure Software Inc), Credit Agreement (Asure Software Inc), Credit Agreement (Asure Software Inc)
Extraordinary Receipts. Within 1 Business Day of the date of receipt by Borrower or any of its Subsidiaries Loan Party of any Extraordinary ReceiptsReceipts in excess of $500,000, Borrower Borrowers shall prepay the outstanding principal amount of the Obligations in accordance with Section 2.4(f)(ii) in an amount equal to 100% of such Extraordinary Receipts, net of any reasonable expenses incurred in collecting such Extraordinary Receipts.
Appears in 4 contracts
Samples: Credit Agreement (Unifi Inc), Credit Agreement (Unifi Inc), Credit Agreement (Unifi Inc)
Extraordinary Receipts. Within 1 Promptly, and in no event later than three Business Day Days of the date of receipt by any Borrower or any of its Subsidiaries of any Extraordinary Receipts, Borrower Borrowers shall prepay the outstanding principal amount of the Obligations in accordance with Section 2.4(f)(ii) in an amount equal to 100% of such Extraordinary Receipts, net of any reasonable expenses incurred in collecting such Extraordinary Receipts.
Appears in 3 contracts
Samples: Credit Agreement (Connecture Inc), Credit Agreement (Connecture Inc), Credit Agreement (Connecture Inc)
Extraordinary Receipts. Within 1 Business Day of the date of receipt by Borrower or any of its Subsidiaries of any Extraordinary Receipts, Borrower shall prepay the outstanding principal amount of the Obligations in accordance with Section 2.4(f)(ii2.4(f) in an amount equal to 100% of such Extraordinary Receipts, net of any reasonable expenses incurred in collecting such Extraordinary Receipts.
Appears in 3 contracts
Samples: Credit Agreement (Titan Machinery Inc.), Credit Agreement (Titan Machinery Inc.), Credit Agreement (Titan Machinery Inc.)
Extraordinary Receipts. Within 1 Promptly, and in no event later than three Business Day Days of the date of receipt by any Borrower or any of its Subsidiaries of any Extraordinary Receipts, Borrower Borrowers shall prepay the outstanding principal amount of the Obligations in accordance with Section 2.4(f)(ii2.4(f)(i) in an amount equal to 100% of such Extraordinary Receipts, net of any reasonable expenses incurred in collecting such Extraordinary Receipts.
Appears in 3 contracts
Samples: Term Loan Agreement (Connecture Inc), Term Loan Agreement (Connecture Inc), Term Loan Agreement (Connecture Inc)
Extraordinary Receipts. Within 1 one (1) Business Day of the date of receipt by Borrower or any of its Subsidiaries Guarantor of any Extraordinary ReceiptsReceipts that are not otherwise included in the Budget, Borrower shall prepay the outstanding principal amount of the Obligations in accordance with Section 2.4(f)(ii2.3(b) in an amount equal to 100% of such Extraordinary Receipts, net of any reasonable expenses incurred in collecting such Extraordinary Receipts, up to the amount of the outstanding Obligations.
Appears in 2 contracts
Samples: Possession Loan and Security Agreement (Implant Sciences Corp), Possession Loan and Security Agreement (Implant Sciences Corp)
Extraordinary Receipts. Within 1 Business Day of the date of receipt by any Borrower or any of its Subsidiaries of any Extraordinary Receipts, Borrower Borrowers shall prepay the outstanding principal amount of the Obligations in accordance with Section 2.4(f)(ii2.4(f)(i) in an amount equal to 100% of such Extraordinary Receipts, net of any reasonable expenses incurred in collecting such Extraordinary Receipts.
Appears in 2 contracts
Samples: Credit Agreement, Credit Agreement (General Finance CORP)
Extraordinary Receipts. Within 1 Business Day of the date of receipt by any Borrower or any of its Subsidiaries of any Extraordinary Receipts, Borrower Borrowers shall prepay the outstanding principal amount of the Obligations in accordance with Section 2.4(f)(ii) in an amount equal to 100% of such Extraordinary Receipts, net of any reasonable expenses incurred in collecting such Extraordinary Receipts.
Appears in 2 contracts
Samples: Credit Agreement (Delta Apparel, Inc), Credit Agreement (Delta Apparel, Inc)
Extraordinary Receipts. Within 1 Business Day of the date of receipt by Borrower Parent or any of its Subsidiaries of any Extraordinary Receipts, Borrower shall prepay the outstanding principal amount of the Obligations in accordance with Section 2.4(f)(ii) in an amount equal to 100% of such Extraordinary Receipts, net of any reasonable expenses incurred in collecting such Extraordinary Receipts.
Appears in 2 contracts
Samples: Credit Agreement (Essex Rental Corp.), Credit Agreement (Essex Rental Corp.)
Extraordinary Receipts. Within 1 one (1) Business Day of the date of receipt by Borrower any Loan Party or any of its Subsidiaries of any Extraordinary ReceiptsReceipts in excess of $250,000 in any fiscal year of Parent, Borrower Borrowers shall prepay the outstanding principal amount of the Obligations in accordance with Section 2.4(f)(ii) in an amount equal to 100% of such Extraordinary Receipts, net the Net Cash Proceeds of any reasonable expenses incurred in collecting such Extraordinary Receipts.
Appears in 2 contracts
Samples: Credit Agreement (Tessco Technologies Inc), Credit Agreement (Tessco Technologies Inc)
Extraordinary Receipts. Within 1 one Business Day of the date of receipt by Borrower any Loan Party or any of its Subsidiaries of any Extraordinary Receipts, Borrower Borrowers shall prepay the outstanding principal amount of the Obligations in accordance with Section 2.4(f)(ii) in an amount equal to 100% of such Extraordinary Receipts, net of any reasonable expenses incurred in collecting such Extraordinary Receipts.. (v)
Appears in 2 contracts
Samples: Credit Agreement (Nautilus, Inc.), Credit Agreement (Nautilus, Inc.)
Extraordinary Receipts. Within 1 one Business Day of the date of receipt by Borrower any Loan Party or any of its Restricted Subsidiaries of any Extraordinary Receipts, Borrower Borrowers shall prepay the outstanding principal amount of the Obligations in accordance with Section 2.4(f)(ii2.4(e)(ii) in an amount equal to 100% of such Extraordinary Receipts, net of any reasonable expenses incurred in collecting such Extraordinary Receipts.
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Extraordinary Receipts. Within 1 Business Day of the date of receipt by Borrower or any of its Subsidiaries of any Extraordinary Receipts, Borrower shall prepay the outstanding principal amount of the Obligations in accordance with Section 2.4(f)(ii2.4(f) in an amount equal to 100% of such Extraordinary Receipts, net of any reasonable expenses incurred in collecting such Extraordinary Receipts.. (iv)
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Extraordinary Receipts. Within 1 one (1) Business Day of the date of receipt by Borrower or any of its Subsidiaries Loan Party of any Extraordinary Receipts, Borrower Borrowers shall prepay the outstanding principal amount of the Obligations in accordance with Section 2.4(f)(ii2.3(e)(ii) in an amount equal to one hundred (100% %) percent of such Extraordinary Receipts, net of any reasonable expenses incurred in collecting such Extraordinary Receipts.
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Extraordinary Receipts. Within 1 Business Day of the date of receipt by Borrower or any of its Subsidiaries Loan Party of any Extraordinary Receipts, Borrower shall prepay the outstanding principal amount of the Domestic Obligations and the Obligations in accordance with Section 2.4(f)(ii) in an amount equal to 100% of such Extraordinary Receipts, net of any reasonable expenses incurred in collecting such Extraordinary Receipts.
Appears in 1 contract
Samples: Guarantied Credit Agreement (Stanadyne Holdings, Inc.)
Extraordinary Receipts. Within 1 Business Day of the date of receipt by any Borrower or any of its Subsidiaries of any Extraordinary Receipts, Borrower Borrowers shall prepay (or cause to be prepaid) the outstanding principal amount of the Obligations in accordance with Section 2.4(f)(ii2.4(f) in an amount equal to 100% of such Extraordinary Receipts, net of any reasonable expenses incurred in collecting such Extraordinary Receipts.
Appears in 1 contract
Samples: Credit Agreement (Usa Truck Inc)
Extraordinary Receipts. Within 1 one Business Day of the date of receipt by Borrower any Loan Party or any of its Subsidiaries of any Extraordinary Receipts, Borrower Borrowers shall prepay the outstanding principal amount of the Obligations in accordance with Section 2.4(f)(ii2.4(f) in an amount equal to 100% of such Extraordinary Receipts, net of any reasonable expenses incurred in collecting such Extraordinary Receipts.. (v)
Appears in 1 contract
Samples: Assignment and Acceptance Agreement (Nautilus, Inc.)
Extraordinary Receipts. Within 1 Business Day of the date of receipt by Borrower or any of its Subsidiaries of any Net Cash Proceeds of Extraordinary Receipts, Borrower shall prepay the outstanding principal amount of the Obligations in accordance with Section 2.4(f)(ii2.4(f)(iii) in an amount equal to 100% of such Extraordinary Receipts, net of any reasonable expenses incurred in collecting such Extraordinary Receipts.
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Extraordinary Receipts. Within 1 Business Day of the date of receipt by Borrower Borrowers or any of its their Subsidiaries of any Extraordinary Receipts, Borrower Borrowers shall prepay the outstanding principal amount of the Obligations in accordance with Section 2.4(f)(ii2.4(f) in an amount equal to 100% of such Extraordinary Receipts, net of any reasonable expenses incurred in collecting such Extraordinary Receipts.. (iv)
Appears in 1 contract
Extraordinary Receipts. Within 1 one (1) Business Day of the date of receipt by Parent, Borrower or any of its their respective Subsidiaries of any Extraordinary Receipts, Borrower shall prepay the outstanding principal amount of the Obligations (other than the Letter of Credit Usage) in accordance with Section 2.4(f)(ii) in an amount equal to 100% of such Extraordinary Receipts, net of any reasonable expenses incurred in collecting such Extraordinary Receipts.
Appears in 1 contract
Samples: Credit Agreement (Jamba, Inc.)
Extraordinary Receipts. Within 1 Business Day of the date of receipt by Borrower or any of its Subsidiaries Designated Loan Party of any Extraordinary Receipts, Borrower Borrowers shall prepay the outstanding principal amount of the Obligations in accordance with Section 2.4(f)(ii) in an amount equal to 100% of such Extraordinary Receipts, net of any reasonable expenses incurred in collecting such Extraordinary Receipts.
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Extraordinary Receipts. Within 1 Business Day of the date of receipt by Borrower Parent or any of its Subsidiaries of any Extraordinary Receipts, Borrower Borrowers shall prepay the outstanding principal amount of the Obligations in accordance with Section 2.4(f)(ii) or Section 2.4(f)(iii), as applicable, in an amount equal to 100% of such Extraordinary Receipts, net of any reasonable expenses incurred in collecting such Extraordinary Receipts.
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Extraordinary Receipts. Within 1 Promptly, and in any event not later than one (1) Business Day of following the date of receipt by Borrower Parent or any of its Subsidiaries of any Extraordinary Receipts, Borrower shall prepay the outstanding principal amount of the Obligations in accordance with Section 2.4(f)(ii2.4(d) in an amount equal to 100% of such Extraordinary Receipts, net of any reasonable expenses incurred in collecting such Extraordinary Receipts.
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Extraordinary Receipts. Within 1 Business Day of the date of receipt by Borrower or any of its Subsidiaries of any Extraordinary Receipts, Borrower shall prepay the outstanding principal amount of the Obligations in accordance with Section 2.4(f)(ii2.3(f) in an amount equal to 100% of such Extraordinary Receipts, net of any reasonable expenses incurred in collecting such Extraordinary Receipts.
Appears in 1 contract
Samples: Credit Agreement (XZERES Corp.)
Extraordinary Receipts. Within 1 Business Day of the date of receipt by Borrower Parent or any of its Subsidiaries of any Extraordinary Receipts, Borrower Borrowers shall prepay the outstanding principal amount of the Obligations in accordance with Section 2.4(f)(ii) in an amount equal to 100% of such Extraordinary Receipts, net of any reasonable expenses incurred in collecting such Extraordinary Receipts.
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Extraordinary Receipts. Within 1 Business Day of the date of receipt by Borrower any Company or any of its Subsidiaries of any Extraordinary Receipts, Borrower Borrowers shall prepay the outstanding principal amount of the Obligations in accordance with Section 2.4(f)(ii2.4(d) in an amount equal to 100% of such Extraordinary Receipts, net of any reasonable expenses incurred in collecting such Extraordinary Receipts.
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Extraordinary Receipts. Within 1 Business Day of the date of receipt by Borrower or any of its Subsidiaries of Net Cash Proceeds of any Extraordinary Receipts, Borrower shall prepay the outstanding principal amount of the Obligations in accordance with Section 2.4(f)(ii2.4(f) in an amount equal to 100% of such Extraordinary Receipts, net the Net Cash Proceeds of any reasonable expenses incurred in collecting such Extraordinary Receipts.
Appears in 1 contract
Extraordinary Receipts. Within 1 Business Day of the date of after receipt by Borrower any Loan Party or any of its Subsidiaries Subsidiary thereof of any Extraordinary Receipts, Borrower Borrowers shall prepay the outstanding principal amount of the Obligations in accordance with Section 2.4(f)(ii) in an amount equal to 100% of such Extraordinary Receipts, net of any reasonable expenses incurred in collecting such Extraordinary Receipts.
Appears in 1 contract
Samples: Credit Agreement (Industrial Services of America Inc /Fl)
Extraordinary Receipts. Within 1 Business Day of the date of receipt by Borrower or any of its Subsidiaries Loan Party of any Extraordinary Receipts, Borrower shall prepay the outstanding principal amount of the Obligations and the EXIM Obligations in accordance with Section 2.4(f)(ii) in an amount equal to 100% of such Extraordinary Receipts, net of any reasonable expenses incurred in collecting such Extraordinary Receipts.
Appears in 1 contract
Extraordinary Receipts. Within 1 Business Day of the date of receipt by Borrower any Loan Party or any of its Subsidiaries of any Extraordinary Receipts, Borrower Borrowers shall prepay the outstanding principal amount of the Obligations in accordance with Section 2.4(f)(ii2.4(f)(i) in an amount equal to 100% of such Extraordinary Receipts, net the Net Cash Proceeds of any reasonable expenses incurred in collecting such Extraordinary Receipts.
Appears in 1 contract
