Net Debt Proceeds. No later than the third (3rd) Business Day following the date of receipt by Borrower of any Net Debt Proceeds, Borrower shall prepay Unreimbursed Amounts and Loans (and, as applicable, Cash Collateralize Letters of Credit) as set forth in Section 2.12(b) (Application of Mandatory Prepayments) in an aggregate amount equal to such Net Debt Proceeds.
Net Debt Proceeds. Upon receipt of Net Debt Proceeds by the Company or any of its Subsidiaries, the Borrowers shall within one Banking Day pay to the Agent as a prepayment of the Loan to be applied as provided in Section 4.5.2 the lesser of (a) the amount of such Net Debt Proceeds or (b) the amount of the Loan.
Net Debt Proceeds. Upon receipt of Net Debt Proceeds by the Company or any of its Subsidiaries, the Company shall within one Banking Day pay to the Agent as a prepayment of the Loan to be applied as provided in Section 4.5.2 the lesser of (a) the amount of such Net Debt Proceeds or (b) the amount of the Loan.
Net Debt Proceeds. Upon receipt of Net Debt Proceeds by the Company or any of its Subsidiaries, the Company shall within five Business Days pay to the Agent as a prepayment of the Loan and the Discretionary Credit Obligations to be applied as provided in Section 4.4.2 the lesser of (a) the amount of such Net Debt Proceeds or (b) the sum of (i) the amount of the Loan plus (ii) the amount of the Discretionary Credit Obligations then outstanding.
Net Debt Proceeds. Within five days prior to the incurrence by the Parent, ATC Holdings, the Company or any of the Company's Subsidiaries of Designated Financing Debt, the Company shall provide written notice to the Lenders of the closing date for such Designated Financing Debt and the amount of the Net Debt Proceeds. Within three Banking Days after the incurrence of such Designated Financing Debt, the Company shall pay to the Managing Agent as a prepayment of the Loan to be applied as provided in Section 4.6.2 the lesser of (a) the amount of such Net Debt Proceeds or (b) the amount of the Loan.
Net Debt Proceeds. In the event the Parent or any such Subsidiary receives any Net Debt Proceeds, the Borrower shall make a mandatory prepayment of the Loans in an amount equal to 100% of such Net Debt Proceeds.
Net Debt Proceeds. Within five days prior to the incurrence of Designated Financing Debt by the Holding Company or any of its Subsidiaries, the Borrower shall provide written notice to the Lenders of the closing date for such Designated Financing Debt and the amount of the Net Debt Proceeds. Within three Banking Days after the incurrence of such Designated Financing Debt, the Borrower shall pay to the Agent as a prepayment of the Loan, to be applied as provided in Section 4.6.2 the lesser of (a) the amount of such Net Debt Proceeds or (b) the amount of the Loan; provided; however, that the Borrower shall be required to pay only 75% of Net Debt Proceeds under this Section 4.3.4 as a result of the issuance of additional Convertible Subordinated Debentures after the Initial Closing Date.
Net Debt Proceeds. In the event either Borrower receives any Net Debt Proceeds, such Borrower shall (subject to the proviso hereto) within three Business Days of such receipt, deliver to the Administrative Agent a calculation of the amount of such Net Debt Proceeds, and such Borrower shall make a mandatory prepayment of the Term Loans (or if the Term Loans have been repaid in full, prepay the Revolving Loans (and, in respect of all outstanding Revolving Letters of Credit, make deposits in the Deemed Revolving LC Disbursements Collateral Account (if such an account has been established) in an amount equal to the aggregate Stated Amount under such Revolving Letters of Credit if at such time the conditions to issuance in Section 5.3 are not satisfied) or, if the Revolving Loans have been repaid in full and there are no outstanding Revolving Letters of Credit (as to which amounts have not been deposited in the Deemed Revolving LC Disbursements Collateral Account as provided above), prepay the Synthetic Revolving Loans (and, in respect of all outstanding Synthetic Letters of Credit, make deposits in the Deemed Synthetic LC Disbursements Collateral Account (if such an account has been established) in an amount equal to the aggregate Stated Amount under such Synthetic Letters of Credit if at such time the conditions to issuance in Section 5.3 are not satisfied)) in an amount equal to a ratable portion of 100% of the amount of such Net Debt Proceeds based on all outstanding permitted senior secured Indebtedness of the Borrowers that contains a prepayment provision similar to this Section 3.1.1(e); provided that upon written notice by the Cayman Borrower to the Administrative Agent not more than three Business Days following receipt of any Net Debt Proceeds, such proceeds may be retained by the Cayman Borrower (and be excluded from the prepayment requirements of this clause) if:
Net Debt Proceeds. Upon receipt of Net Debt Proceeds (other than any Net Debt Proceeds received in connection with any refinancing or redemption of the Company 2008 Notes permitted by Sections 6.6 and 6.13 or any other refinancing of Financing Debt to the extent permitted by Sections 6.6 and 6.13, in any case, to the extent such Net Debt Proceeds are used (i) to redeem in full the Company 2008 Notes or repay in full such other Financing Debt so refinanced, (ii) to pay any premium applicable to any such early redemption of the 2008 Notes and (iii) to pay the reasonable out-of-pocket transaction fees and expenses directly associated with such refinancing or redemption), the Company shall within one Banking Day pay to the Agent as a prepayment of the Term Loan to be applied as provided in Section 4.6.2 the lesser of (a) the amount of such Net Debt Proceeds or (b) the amount of the Term Loan.
Net Debt Proceeds. Upon receipt of Net Debt Proceeds by the Company, any of its Subsidiaries or any Restricted Affiliates, the Company shall within three Banking Days pay to the Agent as a prepayment of the Loan to be applied as provided in Section 4.6.2 the lesser of (a) the amount of such Net Debt Proceeds or (b) the amount of the Loan.
