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. 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 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.
(b) Upon and at any time after having received notice of a Prepayment Event from the Intercreditor Agent, each Lender, acting through the Intercreditor Agent, may serve a notice of mandatory prepayment and cancellation on the Company in respect of its Facility and:
(i) on the date of the notice the commitment of such Lender under its Facility shall be cancelled; and
(ii) on the date falling 30 Business Days after the date of service of such notice the Company shall prepay all participations of such Lender in the Facility made to it in full through the Intercreditor Agent together with any other amounts then due in connection with such participations.
(c) The Company and each Lender party to any Derivatives Instruments or letter of credit facilities, confirmation facilities, bond facilities and guarantee facilities will negotiate in good faith with a view to providing to any such Lender the economic benefit of the provisions of this Clause 7 if such Lender serves a notice on the Company for such purpose.
(d) If the Company seeks the consent of the Lenders to a proposed Permitted Reorganisation, no Lender will unreasonably delay in informing the Intercreditor Agent whether it consents to such proposed Permitted Reorganisation.
Prepayment Event. Immediately upon the occurrence of a Prepayment Event, the Issuer shall be required to prepay in full all of its Notes, at a price equal to 100% of the outstanding principal amount of the Notes plus accrued interest thereon, the accrued PIK Management Fee (if any) (together with accrued interest thereon) and the Make-Whole Amount (if any) (including all deferred amounts in respect thereof and accrued interest thereon) at the time of such prepayment.
Prepayment Event. See § 3.
Prepayment Event. 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. The Ceding Insurer shall have the right to give notice of a Prepayment Event to the Reinsurer in the form attached hereto as Exhibit J (‘‘Notice of Prepayment’’), which will cause a Prepayment of the outstanding Loans.
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;