Extraordinary Receipts. Within 3 Business Days of the date of receipt by Parent or any of its Subsidiaries of any Extraordinary Receipts, Borrowers shall prepay the outstanding principal amount of the Obligations in accordance with Section 2.3(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 (MGP Ingredients Inc), Credit Agreement (MGP Ingredients Inc), Credit Agreement (MGP Ingredients Inc)
Extraordinary Receipts. Within 3 Promptly, and in no event later than three Business Days of the date of receipt by Parent any Borrower or any of its Subsidiaries of any Extraordinary Receipts, Borrowers shall prepay the outstanding principal amount of the Obligations in accordance with Section 2.3(f)(ii2.4(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 3 Business Days of the date of receipt by Parent Borrower or any of its Subsidiaries (but excluding Subsidiaries that are CFCs if making such prepayment would result in adverse tax consequences) of any Extraordinary Receipts, Borrowers Borrower shall prepay the outstanding principal amount of the Obligations in accordance with Section 2.3(f)(ii2.4(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 (Daegis Inc.), Credit Agreement (Daegis Inc.), Credit Agreement (Unify Corp)
Extraordinary Receipts. Within 3 Promptly, and in no event later than three Business Days of the date of receipt by Parent any Borrower or any of its Subsidiaries of any Extraordinary Receipts, Borrowers shall prepay the outstanding principal amount of the Obligations in accordance with Section 2.3(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: Second Lien Term Loan Agreement (Connecture Inc), Second Lien Term Loan Agreement (Connecture Inc), Second Lien Term Loan Agreement (Connecture Inc)
Extraordinary Receipts. Within 3 Business Days of the date of receipt by Parent or any of its Subsidiaries of any Extraordinary Receipts, Borrowers Borrower shall prepay the outstanding principal amount of the Obligations in accordance with Section 2.3(f)(ii2.4(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 (PointClickCare Corp.), Credit Agreement (PointClickCare Corp.), Credit Agreement (PointClickCare Corp.)
Extraordinary Receipts. Within 3 Business Days of the date of receipt by Parent Borrower or any of its Subsidiaries of any Extraordinary ReceiptsReceipts in excess of the Retained Amount in any fiscal year of Borrower, Borrowers Borrower shall prepay the outstanding principal amount of the Obligations in accordance with Section 2.3(f)(ii2.4(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 (Realpage Inc), Credit Agreement (Realpage Inc)
Extraordinary Receipts. Within 3 three (3) Business Days of the date of receipt by Parent or any of its Subsidiaries of any Extraordinary Receipts, Borrowers shall prepay the outstanding principal amount of the Obligations in accordance with Section 2.3(f)(ii2.4(f) in an amount equal to 100% of such Extraordinary Receipts, net of any reasonable and documented expenses incurred in collecting such Extraordinary Receipts.
Appears in 2 contracts
Samples: Senior Secured Debtor in Possession Credit Agreement (Colt Finance Corp.), Credit Agreement (Colt Finance Corp.)
Extraordinary Receipts. Within 3 Business Days of the date of receipt by Parent or any of its Subsidiaries of any Extraordinary Receipts, Borrowers shall prepay the outstanding principal amount of the Obligations in accordance with Section 2.3(f)(ii2.4(f)(ii) in an amount equal to 100% of such Extraordinary Receipts, net of any reasonable and documented expenses incurred in collecting such Extraordinary Receipts.
Appears in 2 contracts
Samples: Senior Secured Superpriority Debtor in Possession Term Loan Agreement (Colt Finance Corp.), Term Loan Agreement (Colt Finance Corp.)
Extraordinary Receipts. Within 3 Business Days of the date of receipt by Parent or any of its Subsidiaries of any Extraordinary Receipts, Borrowers shall prepay the outstanding principal amount of the Obligations in accordance with Section 2.3(f)(ii2.4(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 3 Business Days of the date of receipt by Parent or any of its Subsidiaries of any Extraordinary Receipts, Borrowers shall prepay the outstanding principal amount of the ABL Loans and/or the Obligations in accordance with Section 2.3(f)(ii2.4(f)(i) in an amount equal to 100% of such Extraordinary Receipts, net of any reasonable out-of-pocket expenses incurred in collecting such Extraordinary Receipts.
Appears in 1 contract
Samples: Credit Agreement (Power Solutions International, Inc.)
Extraordinary Receipts. Within 3 2 Business Days of the date of receipt by Parent or any of its Subsidiaries of any Extraordinary Receipts, Borrowers Borrower shall prepay the outstanding principal amount of the Obligations in accordance with Section 2.3(f)(ii2.4(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 (Streamline Health Solutions Inc.)
Extraordinary Receipts. Within 3 Business Days of the date of receipt by Parent any Borrower or any of its Subsidiaries of any Extraordinary Receipts, Borrowers shall prepay the outstanding principal amount of the Obligations in accordance with Section 2.3(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 1 contract
Samples: Debt Agreement (Erickson Inc.)
Extraordinary Receipts. Within 3 Business Days of the date of receipt by Parent or any of its Subsidiaries of any Extraordinary ReceiptsReceipts (prior to the payment in full of the Term Loan Debt, excluding Extraordinary Receipts constituting Term Priority Collateral), Borrowers shall prepay the outstanding principal amount of the Obligations in accordance with Section 2.3(f)(ii2.4(f)(ii) in an amount equal to 100% of such Extraordinary Receipts, net of any reasonable out-of-pocket expenses incurred in collecting such Extraordinary Receipts.
Appears in 1 contract
Samples: Credit Agreement (Power Solutions International, Inc.)
Extraordinary Receipts. Within 3 three (3) Business Days of the date of receipt by Parent or any of its Subsidiaries of any Extraordinary Receipts, Borrowers shall prepay the outstanding principal amount of the Obligations in accordance with Section 2.3(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 (Colt Defense LLC)
Extraordinary Receipts. Within 3 Business Days of the date of receipt by Parent or any of its Subsidiaries of any Extraordinary Receipts, Borrowers shall prepay the outstanding principal amount of the Obligations in accordance with Section 2.3(f)(ii2.4(f)(ii) in an amount equal to 100% of such Extraordinary Receipts, net of any reasonable out-of-pocket expenses incurred in collecting such Extraordinary Receipts.
Appears in 1 contract
Samples: Credit Agreement (Power Solutions International, Inc.)
Extraordinary Receipts. Within 3 Business Days of the date of receipt by Parent any Borrower or any of its Subsidiaries of any Extraordinary Receipts, Borrowers shall prepay the outstanding principal amount of the Obligations in accordance with Section 2.3(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 (Dixie Group Inc)
Extraordinary Receipts. Within 3 Promptly, but in any event within three Business Days of the date of receipt by Parent any Borrower or any of its their respective Subsidiaries of any Extraordinary Receipts, Borrowers shall prepay the outstanding principal amount of the Obligations in accordance with Section 2.3(f)(ii2.21(f) in an amount equal to 100% of such Extraordinary Receipts, net of any reasonable fees, costs and expenses incurred in collecting such Extraordinary Receipts.
Appears in 1 contract
Samples: Term Loan and Security Agreement (Empeiria Acquisition Corp)
Extraordinary Receipts. Within 3 Business Days of the date of receipt by Parent Borrower or any of its Subsidiaries of any Extraordinary Receipts, Borrowers Borrower shall prepay the outstanding principal amount of the Obligations in accordance with Section 2.3(f)(ii2.4(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 (Navarre Corp /Mn/)
Extraordinary Receipts. Within 3 Promptly, and in no event later than three Business Days of the date of receipt by Parent any Borrower or any of its Subsidiaries of any Extraordinary Receipts, Borrowers shall prepay the outstanding principal amount of the Obligations in accordance with Section 2.3(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 (Connecture Inc)