Prepayment Event. During a Cash Dominion Period, in the event and on each occasion that any Net Proceeds are received by or on behalf of any Loan Party in respect of any Prepayment Event, Borrowers shall, immediately after such Net Proceeds are received by any Loan Party, prepay the Obligations in accordance with Section 2.4(f)(i) in an aggregate amount equal to 100% of such Net Proceeds to the extent that such Obligations are then outstanding.
Prepayment Event. The occurrence of an Event of Default or an Event of Mandatory Prepayment.
Prepayment Event. (a) The Company will notify the Intercreditor Agent promptly upon the occurrence of a Prepayment Event. Upon being notified by the Company of a Prepayment Event, the Intercreditor Agent shall promptly inform each Lender.
Prepayment Event. As soon as practicable (and in any event, within five (5) Business Days) of the occurrence of a Prepayment Event or Specified Disposition, a notification thereof, together with a description of such Prepayment Event or Specified Disposition, copies of such documents entered into in connection with the transaction giving rise to the Prepayment Event or Specified Disposition as Agent may reasonably request and calculations in form reasonably acceptable to Agent of the amount of Net Cash Proceeds, if any, arising from such Prepayment Event;
Prepayment Event. (a) The sale, transfer or other disposition of any business unit, asset or other property of the Company or any Subsidiary (including dispositions in the nature of casualties (to the extent covered by insurance) or condemnations)(an Asset Sale Prepayment Event),(b) the issuance or sale by the Company or any Subsidiary of any equity securities (other than the issuance of equity securities to the Company or any of its wholly-owned Subsidiaries) or any obligations convertible into or exchangeable for, or giving any Person any right, option or warrant to acquire from the Company or any Subsidiary, any equity securities or any such convertible or exchangeable obligations. Notwithstanding the foregoing, the term iPrepayment Eventi shall not include:
Prepayment Event. (i) Promptly (and in any event within three Business Days) after any officer of the Borrower obtains knowledge of any Prepayment Event or any action of the Borrower or any other Person that would be reasonably likely to result in a Prepayment Event, notice thereof in the form of an Officer's Certificate describing in reasonable detail the facts and
Prepayment Event. 41 primary obligor...................................................... 29
Prepayment Event. A new clause (c)(iv) is added to the definition of "Prepayment Event" set forth in Section 1.01 of the Credit Agreement to read as follows: or (iv) the New Equity Issuance, any equity securities issued pursuant to the Equity Commitment or the contribution of any proceeds thereof to the Borrower;
Prepayment Event. Each of the following scenarios, concerning the Borrower or the members of the Group or Quiksilver Inc. constitutes a Prepayment Event:
Prepayment Event. If a Prepayment Event occurs and, as a result thereof, the Lender requires prepayment of the Loan under Section 2.3(b), then: