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 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 the Term Loan Agreement.
Appears in 2 contracts
Samples: Guaranty, Pledge and Security Agreement (Cinedigm Digital Cinema Corp.), Term Loan Agreement (Cinedigm Digital Cinema Corp.)
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 the Term Loan AgreementClosing 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 the Term Loan AgreementClosing Documents.
Appears in 2 contracts
Samples: Guaranty (Commerce One Inc / De/), Guaranty (Commerce One Inc / De/)
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 the Term Loan AgreementCredit 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 the Term Loan Credit Agreement.
Appears in 1 contract
Samples: Guarantee (Warnaco Group Inc /De/)
