Common use of Issuance of Equity Securities Clause in Contracts

Issuance of Equity Securities. On the date of receipt by Borrower of any Cash proceeds from a capital contribution to, or the issuance of any Equity Interests of, Borrower or any of its Subsidiaries other than pursuant to any employee stock or stock option compensation plan, Borrower shall prepay the Loans in an aggregate amount equal to 100% of such proceeds, net of underwriting discounts and commissions and other reasonable costs and expenses associated therewith, including reasonable legal fees and expenses.

Issuance of Equity Securities. On the date of receipt by Borrower of any Cash proceeds from a capital contribution to, or the issuance of any Equity Interests of, Borrower or any of its Subsidiaries other than pursuant to any employee stock or stock option compensation planSubsidiaries, Borrower shall prepay the Term Loans as set forth in Section 2.12 in an aggregate amount equal to 100% of such proceeds, net of underwriting discounts and commissions and other reasonable costs and expenses associated therewith, including reasonable legal fees and expenses.

Issuance of Equity Securities. On the date of receipt by the Borrower of any Cash proceeds from a capital contribution to, or the issuance of any Equity Interests of, Capital Stock of the Borrower or any of its Subsidiaries other than pursuant (a) issuances of Capital Stock of the Borrower to any employee stock CPS or stock option compensation plan(b) for purposes approved in writing by the Administrative Agent, the Borrower shall prepay the Loans in an aggregate amount equal to 100% of such proceeds, net of underwriting discounts and commissions and other reasonable costs and expenses associated therewith, including reasonable legal fees and expenses.

Issuance of Equity Securities. On the date of receipt by Borrower Holdings or any of its Subsidiaries of any Cash proceeds from a any capital contribution to, or the issuance of any Equity Interests Stock of, Borrower or any of its Subsidiaries other than pursuant to any employee stock or stock option compensation planHoldings, Borrower the Borrowers shall prepay the outstanding Loans and a permanent Reserve shall be imposed against the Borrowing Base in an aggregate amount equal to one hundred percent (100% %) of such proceeds, net of underwriting discounts and commissions and other reasonable costs and expenses associated therewith, including reasonable legal fees and expenses, to the extent used to prepay the Loans.

Issuance of Equity Securities. On the date of receipt by the Borrower of any Cash cash proceeds from a capital contribution to, or the issuance of any Equity Interests of, of the Borrower or any of its Subsidiaries (other than pursuant to any employee stock or stock option compensation plan), the Borrower shall prepay the Loans in an aggregate amount equal to 100% of such proceeds, net of underwriting discounts and commissions and other reasonable costs and expenses associated therewith, including reasonable legal and accounting fees and expenses.

Issuance of Equity Securities. On the date of receipt by Borrower Company of any Cash proceeds from a capital contribution to, or the issuance of any Equity Interests Capital Stock of, Borrower Company or any of its Subsidiaries other than pursuant to any employee stock or stock option compensation planSubsidiaries, Borrower Company shall prepay the Loans as set forth in Section 2.14(b) in an aggregate amount equal to one hundred percent (100% %) of such proceeds, net of underwriting discounts and commissions and other reasonable costs and expenses associated therewith, including reasonable legal fees and expenses.

Issuance of Equity Securities. On the date of receipt by Borrower of any Cash proceeds from a capital contribution to, or the issuance of any Equity Interests Capital Stock of, Borrower or any of its Subsidiaries (other than pursuant to any employee stock or stock option compensation plan), Borrower shall prepay the Loans as set forth in clause (h) below in an aggregate amount equal to 100% of such proceeds, net of underwriting discounts and commissions and other reasonable costs and expenses associated therewith, including reasonable legal fees and expenses.

Issuance of Equity Securities. On the date of receipt by Borrower Holdings of any Cash proceeds from a capital contribution to, or the issuance of any Equity Interests Capital Stock of, Borrower Holdings or any of its Subsidiaries (other than pursuant to any employee stock or stock option compensation plan), Borrower shall prepay the Term Loans as set forth in Section 2.15 in an aggregate amount equal to 10050% of such proceeds, net of underwriting discounts and commissions and other reasonable costs and expenses associated therewith, including reasonable legal fees and expenses.

Issuance of Equity Securities. On the date of receipt by Borrower Company of any Cash proceeds from a capital contribution to, or the issuance of any Equity Interests Capital Stock of, Borrower Company or any of its Subsidiaries (other than pursuant to any employee stock or stock option compensation plan), Borrower Company shall prepay the Term Loans to the extent then outstanding in an aggregate amount equal to 100% of such proceeds, net of underwriting discounts and commissions and other reasonable costs and expenses associated therewith, including reasonable legal fees and expensesexpense.

Issuance of Equity Securities. On the date of receipt by the Borrower of any Cash proceeds from a capital contribution to, or the issuance of any Equity Interests of, Capital Stock of the Borrower or any of its Subsidiaries other than pursuant (a) issuances of Capital Stock of the Borrower to any employee stock CPS or stock option compensation plan(b) for purposes approved in writing by Lead Agents, the Borrower shall prepay the Revolving Loans in an aggregate amount equal to 100% of such proceeds, net of underwriting discounts and commissions and other reasonable costs and expenses associated therewith, including reasonable legal fees and expenses.

Issuance of Equity Securities. On the date of receipt by the Borrower of any Cash proceeds from a capital contribution to, or the issuance of any Equity Interests of, Capital Stock of the Borrower or any of its Subsidiaries other than pursuant (a) issuances of Capital Stock of the Borrower to any employee stock CPS or stock option compensation plan(b) for purposes approved in writing by Lead Agents, the Borrower shall prepay the Loans in an aggregate amount equal to 100% of such proceeds, net of underwriting discounts and commissions and other reasonable costs and expenses associated therewith, including reasonable legal fees and expenses.

Issuance of Equity Securities. On the date of receipt by Borrower Holdings of any Cash proceeds from a any capital contribution to, or the issuance of any Equity Interests Capital Stock of, Borrower Holdings or any of its Subsidiaries other than pursuant to any employee stock or stock option compensation planSubsidiaries, Borrower shall prepay the Loans as set forth in Section 2.14(b) in an aggregate amount equal to one hundred percent (100% %) of such proceeds, net of underwriting discounts and commissions and other reasonable costs and expenses associated therewith, including reasonable legal fees and expenses.

Issuance of Equity Securities. On the date of receipt by the Borrower of any Cash proceeds from a capital contribution to, or the issuance of any Equity Interests of, Capital Stock of the Borrower or any of its Subsidiaries other than pursuant (a) issuances of Capital Stock of the Borrower to any employee stock CPS or stock option compensation plan(b) for purposes approved in writing by Lead Agents, the Borrower shall prepay the Term Loans in an aggregate amount equal to 100% of such proceeds, net of underwriting discounts and commissions and other reasonable costs and expenses associated therewith, including reasonable legal fees and expenses.