Net Equity Proceeds. Within three Banking Days after the receipt by the Company or any of its Subsidiaries of Net Equity Proceeds, 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 Equity Proceeds or (b) the amount of the Loan.
Net Equity Proceeds. Upon receipt of Net Equity 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 Equity Proceeds or (b) the amount of the Loan.
Net Equity Proceeds. The proceeds of a sale of an equity interest in the Borrower or the Guarantor (including those attributable to a dividend reinvestment program), net of usual and customary closing costs and expenses.
Net Equity Proceeds. Upon receipt of Net Equity 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 Equity Proceeds or (b) the sum of (i) the amount of the Loan plus (ii) the amount of the Discretionary Credit Obligations then outstanding.
Net Equity Proceeds. Within five days prior to the ------------------- consummation of any transaction on or after the Incremental Conversion Date that would result in Net Equity Proceeds, the Company shall provide written notice to the Lenders of the anticipated closing date for such transaction and the amount of the Net Equity Proceeds. Within one Banking Day after the receipt of Net Equity Proceeds by any Obligor on or after the Incremental Conversion Date, the Company 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 Equity Proceeds or (b) the amount of the Loan.
Net Equity Proceeds. The aggregate consideration received by EPR and/or any of its Subsidiaries in respect of any Equity Issuance, net of (a) direct costs (including, without limitation, legal, accounting and investment banking fees and sales commissions) and (b) taxes paid or payable as a result thereof; it being understood, (i) that “Net Equity Proceeds” shall include, without limitation, any cash received upon the sale or other disposition of any non-cash consideration received by EPR and/or any of its Subsidiaries in any Equity Issuance, and (ii) that “Net Equity Proceeds” shall not include cash proceeds that are applied within thirty (30) days of the date of the related Equity Issuance to retire Capital Stock.
Net Equity Proceeds. Within five days prior to the issuance of any equity securities by the Holding Company or any of its Subsidiaries that would result in Net Equity Proceeds, the Borrower shall provide written notice to the Lenders of the closing date for such issuance and the amount of the Net Equity Proceeds. Within three Banking Days after the receipt by the Holding Company or any of its Subsidiaries of Net Equity Proceeds, 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) 75% of the amount of such Net Equity Proceeds or (b) the amount of the Loan.
Net Equity Proceeds. Within five (5) Business Days after the receipt of any Net Equity Proceeds by Parent and its Subsidiaries, the Borrower shall pay or cause to be paid to the Administrative Agent in immediately available funds an amount equal to the Sweep Percentage of such Net Equity Proceeds, to be immediately applied as set forth in Section 2.04(c).
Net Equity Proceeds. Within five (5) Business Days of the receipt by any Loan Party or any of its Restricted Subsidiaries of any Net Equity Proceeds (excluding Net Equity Proceeds resulting from the sale, issuance or exercise by any Loan Party or any of its Restricted Subsidiaries of any Capital Stock (i) by any Subsidiary to the Borrower or any other Subsidiary (as applicable), (ii) pursuant to any equity compensation plan, employment agreement or employee benefit plan or agreement or pursuant to the exercise or vesting of any stock options, restricted stock units, stock appreciation rights, warrants or other equity-based awards, (iii) as directors’ qualifying shares, (v) in connection with hedging programs and (vi) upon conversion or exercise of outstanding securities or options), the Borrower shall prepay the Bridge Loans in an amount equal to such Net Equity Proceeds, at a price equal to 100.0% of the principal amount thereof, plus accrued and unpaid interest and additional interest, if any.
Net Equity Proceeds. In the event either Borrower receives any Net Equity 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 Equity 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 50% of the amount of such Net Equity Proceeds based on all outstanding permitted senior secured Indebtedness of such Borrower that contains a prepayment provision similar to this Section 3.1.1(d); provided that upon written notice by the Cayman Borrower to the Administrative Agent not more than three Business Days following receipt of any Net Equity Proceeds, such proceeds may be retained by the Cayman Borrower (and be excluded from the prepayment requirements of this clause) if:
