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Common use of Funds Transfers Clause in Contracts

Funds Transfers. If any Guarantor shall engage in any transaction as a result of which the Borrower is required to make a mandatory prepayment with respect to the Guaranteed Obligations under the terms of this Agreement, such Guarantor shall distribute to, or make a contribution to the capital of, the Borrower an amount equal to the mandatory prepayment required under the terms of this Agreement.

Appears in 2 contracts

Samples: Senior Secured Credit Agreement (Oppenheimer Holdings Inc), Subordinated Credit Agreement (Oppenheimer Holdings Inc)

Funds Transfers. If any Guarantor shall engage in any transaction as a result of which the any Borrower is required to make a mandatory prepayment with respect to the Guaranteed Obligations under the terms of this Agreementthe Credit Agreement (including any issuance or sale of such Guarantor's Stock or any sale of its assets), such Guarantor shall distribute to, or make a contribution to the capital of, one or more of the Borrower Borrowers an amount equal to the mandatory prepayment required under the terms of this the Credit Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Brightpoint Inc), Us Guaranty (Blount International Inc)

Funds Transfers. If any Guarantor shall engage in any transaction as a result of which the any Borrower is required to make a mandatory prepayment with respect to the Guaranteed Obligations under the terms of this Agreementthe Credit Agreement (including (a) any issuance or sale of such Guarantor's Stock or (b) any sale of its assets, in each case as permitted thereunder), such Guarantor shall distribute to, or make a contribution to the capital of, one or more of the Borrower Borrowers an amount equal to the mandatory prepayment required under the terms of this the Credit Agreement.

Appears in 2 contracts

Samples: Guaranty (Ddi Corp), Guaranty (Ddi Corp)

Funds Transfers. If any Guarantor shall engage in any transaction as a result of which the Borrower is required to make a mandatory prepayment with respect to the Guaranteed Obligations under the terms of this the Term Loan Agreement, such Guarantor shall distribute to, or make a contribution to the capital of, the Borrower an amount equal to the mandatory prepayment required under the terms of this the Term Loan Agreement.

Appears in 2 contracts

Samples: Term Loan Agreement (Cinedigm Digital Cinema Corp.), Guaranty, Pledge and Security Agreement (Cinedigm Digital Cinema Corp.)

Funds Transfers. If any Guarantor shall engage in any transaction as a result of which the any Borrower is required to make a mandatory prepayment with respect to the Guaranteed Obligations under the terms of this Agreementthe Credit Agreement (including any issuance or sale of such Guarantor's Stock or any sale of its assets), such Guarantor shall distribute to, or make a contribution to the capital of, in its discretion, one or more of the Borrower Borrowers an amount equal to the mandatory prepayment required under the terms of this the Credit Agreement.

Appears in 2 contracts

Samples: Guaranty (Coffeyville Resources, Inc.), Guaranty (Coffeyville Resources, Inc.)

Funds Transfers. If any Guarantor shall engage in any transaction as a result of which the a Borrower is required to make a mandatory prepayment with respect to the Guaranteed Obligations under the terms of this Agreementthe Credit Agreement (including, as a result of any issuance or sale of such Guarantor’s Stock or Stock Equivalents or any sale of its assets), such Guarantor shall distribute to, or make a contribution to the capital of, the Borrower Borrowers an amount equal to the mandatory prepayment required under the terms of this the Credit Agreement.

Appears in 2 contracts

Samples: Guaranty and Security Agreement (Talbots Inc), Guaranty and Security Agreement (Talbots Inc)

Funds Transfers. If any Guarantor shall engage in any transaction as a result of which the Borrower is required to make a mandatory prepayment with respect to the Guaranteed Obligations under the terms of this Agreementthe Credit Agreement (including any sale of Guarantor's Stock or assets), such Guarantor shall distribute to, or make a contribution to the capital of, the Borrower an amount equal to the mandatory prepayment required under the terms of this the Credit Agreement.

Appears in 2 contracts

Samples: Guaranty (Code Alarm Inc), Guaranty (Code Alarm Inc)

Funds Transfers. If any Guarantor shall engage in any transaction as a result of which the any Borrower is required to make a mandatory prepayment with respect to the Guaranteed Obligations under the terms of this Agreementthe Credit Agreement (including any issuance or sale of such Guarantor’s Stock or any sale of its assets), such Guarantor shall distribute to, or make a contribution to the capital of, one or more of the Borrower Borrowers an amount equal to the mandatory prepayment required under the terms of this the Credit Agreement.

Appears in 2 contracts

Samples: Subsidiary Guaranty (Westaff Inc), Us Guaranty (RPP Capital Corp)

Funds Transfers. If any Guarantor shall engage in any transaction as a result of which the Borrower is required to make a mandatory prepayment with respect to the Guaranteed Obligations under the terms of this Agreementthe Credit Agreement (including any issuance or sale of such Guarantor’s Stock or any sale of its assets), such Guarantor shall distribute to, or make a contribution to the capital of, the Borrower an amount equal to the mandatory prepayment required under the terms of this the Credit Agreement.

Appears in 2 contracts

Samples: Guaranty (Neff Finance Corp.), Guaranty (Newtek Business Services Inc)

Funds Transfers. If any Guarantor shall engage in receives cash proceeds as a result of any transaction or event as a result of which the Borrower is required to make a mandatory prepayment with respect to the Guaranteed Obligations under the terms of this Agreementthe Loan Documents (including any issuance or sale of Guarantor’s Stock or any sale of its assets), such Guarantor shall distribute to, or make a contribution to the capital of, the Borrower an amount equal to such cash proceeds that are required to be applied to the mandatory prepayment required under the terms of this Agreementthe Loan Documents.

Appears in 2 contracts

Samples: Guaranty (Biodelivery Sciences International Inc), Guaranty (Biodelivery Sciences International Inc)

Funds Transfers. If any Guarantor shall engage in any transaction as a result of which the Borrower Seller is required to make a mandatory prepayment with respect to the Guaranteed Obligations under the terms of this Agreementthe Closing Documents, such Guarantor shall distribute to, or make a contribution deliver to the capital of, the Borrower Seller an amount equal to the mandatory prepayment required under the terms of this Agreementthe Closing Documents.

Appears in 2 contracts

Samples: Guaranty (Commerce One Inc / De/), Guaranty (Commerce One Inc / De/)

Funds Transfers. If any Guarantor shall engage in any transaction as a result of which the Borrower is required to make a mandatory prepayment with respect to the Guaranteed Obligations under the terms of this Section 1.3(b)(v) the Credit Agreement, such Guarantor shall distribute to, or make a contribution to the capital of, the Borrower an amount equal to the mandatory prepayment required under the terms of this the Credit Agreement.

Appears in 1 contract

Samples: Guaranty Agreement (Reading International Inc)

Funds Transfers. If any Guarantor shall engage in any transaction as a result of which the Borrower is required to make a mandatory prepayment with respect to the Guaranteed Obligations under the terms of this Agreementthe Credit Agreement (including any sale of such Guarantor's Stock or assets), such Guarantor shall distribute to, or make a contribution to the capital of, the Borrower an amount equal to the mandatory prepayment required under the terms of this the Credit Agreement.

Appears in 1 contract

Samples: Subsidiary Guaranty (Baldwin Piano & Organ Co /De/)

Funds Transfers. If any Guarantor Guarantors shall engage in any transaction as a --------------- result of which the Borrower is Borrowers are required to make a mandatory prepayment with respect to the Guaranteed Obligations under the terms of this AgreementAgreement (including any sale of a Guarantor's Stock or assets), such Guarantor Guarantors shall distribute to, or make a contribution to the capital of, one or more of the Borrower Borrowers in an amount equal to the mandatory prepayment required under the terms of this Agreement.

Appears in 1 contract

Samples: Post Petition Loan and Guaranty Agreement (Montgomery Ward Holding Corp)

Funds Transfers. If any Guarantor shall engage in any transaction as a result of which the any Borrower is required to make a mandatory prepayment with respect to the Guaranteed Obligations under the terms of this Agreementthe Credit Agreement (including (a) any issuance or sale of such Guarantor’s Stock or (b) any sale of its assets, in each case as permitted thereunder), such Guarantor shall distribute to, or make a contribution to the capital of, one or more of the Borrower Borrowers an amount equal to the mandatory prepayment required under the terms of this the Credit Agreement.

Appears in 1 contract

Samples: Guaranty (Ddi Corp)

Funds Transfers. If any Guarantor shall engage in any transaction as a result of which the Borrower is required to make a mandatory prepayment with respect to the Guaranteed Obligations under the terms of this Agreementthe Credit Agreement (including any issuance or sale of its Stock or sale of its assets), such Guarantor shall distribute to, or make a contribution to the capital of, the Borrower an amount equal to the mandatory prepayment required under the terms of this the Credit Agreement.

Appears in 1 contract

Samples: Guaranty (RBC Bearings INC)

Funds Transfers. If any Guarantor shall engage in any transaction as a result of which the a Borrower is required to make a mandatory prepayment with respect to the Guaranteed Obligations under the terms of this Agreementthe Loan Agreement (including any issuance or sale of such Guarantor’s Stock or any sale of its assets), such Guarantor shall distribute to, or make a contribution to the capital of, the such Borrower an amount equal to the mandatory prepayment required under the terms of this the Loan Agreement.

Appears in 1 contract

Samples: Holding Company Guaranty (Ensign Group, Inc)

Funds Transfers. If any Guarantor shall engage in any transaction as a result of which the Borrower is Borrowers are required to make a mandatory prepayment with respect to the Guaranteed Obligations under the terms of this Agreementthe Credit Agreement or the Master Lease (including any issuance or sale of such Guarantor's Stock or any sale of its assets), such Guarantor shall distribute to, or make a contribution to the capital of, the Borrower Borrowers an amount equal to the mandatory prepayment required under the terms of this Agreementthe Credit Agreement or the Master Lease.

Appears in 1 contract

Samples: Guaranty (Precision Partners Inc)

Funds Transfers. If any Guarantor shall engage in any transaction as a result of which the any Borrower is required to make a mandatory prepayment with respect to the Guaranteed Obligations under the terms of this Agreementthe Credit Agreement (including any issuance or sale of such Guarantor’s Stock or any sale of its assets), such Guarantor shall distribute to, or make a contribution to the capital of, the such Borrower an amount equal to the mandatory prepayment required under the terms of this the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Curative Health Services Inc)

Funds Transfers. If any Guarantor shall engage in any transaction as a result of which the any Borrower is required to make a mandatory prepayment with respect to the Guaranteed Obligations under the terms of this the Loan Agreement, such Guarantor shall distribute to, or make a contribution to the capital of, one or more of the Borrower Borrowers an amount equal to the mandatory prepayment required under the terms of this the Loan Agreement.

Appears in 1 contract

Samples: Guaranty (LSB Industries Inc)

Funds Transfers. If any Guarantor shall engage in any transaction as a result of which the Borrower is required to make a mandatory prepayment with respect to the Guaranteed Obligations under the terms of this AgreementAgreement (including any issuance or sale of such Guarantor’s Capital Stock or any sale of its assets), such Guarantor shall distribute to, or make a contribution to the capital of, the Borrower an amount equal to the mandatory prepayment required under the terms of this Agreement.

Appears in 1 contract

Samples: Senior Secured Credit Agreement (SOI Holdings, Inc.)

Funds Transfers. If any the Guarantor shall engage in any transaction as a result of which the Borrower is required to make a mandatory prepayment with respect to the Guaranteed Obligations under the terms of this Agreementthe Credit Agreement (including any issuance or sale of Guarantor’s capital stock or any sale of its assets), to the extent the Borrowers are unable to make such mandatory prepayment, the Guarantor shall distribute to, or make a contribution to the capital of, the Borrower Borrowers an amount equal to the mandatory prepayment required under the terms of this the Credit Agreement.

Appears in 1 contract

Samples: Guaranty Agreement (Euronet Worldwide Inc)

Funds Transfers. If any Guarantor shall engage in any transaction as a result of which the any Borrower is required to make a mandatory prepayment with respect to the Guaranteed Obligations under the terms of this Agreementthe Credit Agreement (including any issuance or sale of such Guarantor’s Stock or any sale of its assets), such Guarantor shall distribute to, or make a contribution to the capital of, one or more of the Borrower Borrowers an amount equal to the mandatory prepayment required under the terms of this the Credit Agreement.

Appears in 1 contract

Samples: Parent Guaranty (Westaff Inc)

Funds Transfers. If any Guarantor shall engage in any transaction --------------- as a result of which the any Borrower is required to make a mandatory prepayment with respect to the Guaranteed Obligations under the terms of this Agreementthe Credit Agreement (including any issuance or sale of such Guarantor's Stock or any sale of its assets), such Guarantor shall distribute to, or make a contribution to the capital of, one or more of the Borrower Borrowers an amount equal to the mandatory prepayment required under the terms of this the Credit Agreement.

Appears in 1 contract

Samples: Guaranty (American Eco Corp)

Funds Transfers. If any Guarantor shall engage in any transaction as a result of which the any Borrower is required to make a mandatory prepayment with respect to the Guaranteed Obligations under the terms of this Agreementthe Credit Agreement (including any issuance or sale of such Guarantor's Stock or any sale of its assets), such Guarantor Guarantors shall distribute to, or make a contribution to the capital of, of one or more of the Borrower Borrowers an amount equal to the mandatory prepayment required under the terms of this the Credit Agreement.

Appears in 1 contract

Samples: Guaranty (Coyne International Enterprises Corp)

Funds Transfers. If any Guarantor shall engage in any transaction as a result of which the Borrower is required to make a mandatory prepayment with respect to the Guaranteed Obligations Loans under the terms of this Agreementthe Credit Agreement (including any sale of such Guarantor's Stock or assets), such Guarantor shall distribute to, or make a contribution to the capital of, the Borrower an amount equal to the mandatory prepayment required under the terms of this the Credit Agreement.

Appears in 1 contract

Samples: Guaranty (Renaissance Cosmetics Inc /De/)

Funds Transfers. If any Guarantor shall engage in any transaction as a result of which the any Borrower is required to make a mandatory prepayment with respect to the Guaranteed Obligations under the terms of this Agreementthe Credit Agreement (including any issuance or sale of such Guarantor’s Stock or any sale of its assets), such Guarantor shall distribute to, or make a contribution to the capital of, the Borrower an amount equal to the mandatory prepayment required under the terms of this the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Curative Health Services Inc)

Funds Transfers. If any the Guarantor shall engage in any transaction as a result of which the Borrower is required to make a mandatory prepayment with respect to the Guaranteed Obligations under the terms of this Agreementthe Credit Agreement (including any sale of its assets), such the Guarantor shall distribute to, or make a contribution to the capital of, the Borrower an amount equal to the mandatory prepayment required under the terms of this the Credit Agreement.

Appears in 1 contract

Samples: Guarantee (Warnaco Group Inc /De/)

Funds Transfers. If any Guarantor shall engage in any transaction as a result of which the any Borrower is required to make a mandatory prepayment with respect to the Guaranteed Obligations under the terms of this Agreementthe Credit Agreement (including any issuance or sale of such Guarantor’s Stock or any sale of its assets), such Guarantor shall distribute to, or make a contribution to the capital of, the Borrower an amount equal to the mandatory prepayment required under the terms of this the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Curative Health Services Inc)

Funds Transfers. If any the Guarantor shall engage in any transaction as a result of which the Borrower is required to make a mandatory prepayment with respect to the Guaranteed Obligations under the terms of this Agreementthe Credit Agreement (including any issuance or sale of Guarantor’s capital stock or any sale of its assets), to the extent the Borrower is unable to make such mandatory prepayment, the Guarantor shall distribute to, or make a contribution to the capital of, the Borrower an amount equal to the mandatory prepayment required under the terms of this the Credit Agreement.

Appears in 1 contract

Samples: Guaranty Agreement (Euronet Worldwide Inc)

Funds Transfers. If any Guarantor shall engage in any transaction as a result of which the any Borrower is required to make a mandatory prepayment with respect to the Guaranteed Obligations under the terms of this Agreementthe Loan Agreement (including any issuance or sale of such Guarantor’s Stock or any sale of its assets), such Guarantor shall distribute to, or make a contribution to the capital of, the such Borrower an amount equal to the mandatory prepayment required under the terms of this the Loan Agreement.

Appears in 1 contract

Samples: Guaranty (Ensign Group, Inc)

Funds Transfers. If any Guarantor shall engage in any transaction as a result of which the Borrower is required to make a mandatory prepayment with respect to the Guaranteed Obligations under the terms of this Agreementthe Credit Agreement (including any issuance or sale of such Guarantor's Stock or any sale of its assets), such Guarantor shall distribute to, or make a contribution to the capital of, one or more of the Borrower Borrowers an amount equal to the mandatory prepayment required under the terms of this the Credit Agreement.

Appears in 1 contract

Samples: Guaranty (Finlay Enterprises Inc /De)

Funds Transfers. If any Guarantor shall engage in any transaction as a result of which the a Borrower is required to make a mandatory prepayment with respect to the Guaranteed Obligations under the terms of this Agreementthe Loan Agreement (including, as a result of any issuance or sale of such Guarantor’s Stock or Stock Equivalents or any sale of its assets), such Guarantor shall distribute to, or make a contribution to the capital of, the Borrower Borrowers an amount equal to the mandatory prepayment required under the terms of this the Loan Agreement.

Appears in 1 contract

Samples: Guaranty and Security Agreement (Talbots Inc)