Common use of Prepayments from Net Insurance/Condemnation Proceeds Clause in Contracts

Prepayments from Net Insurance/Condemnation Proceeds. No later than the first Business Day following the date of receipt by Administrative Agent or by Company or any Subsidiary Guarantor of any Net Insurance/Condemnation Proceeds that are required to be applied to prepay the Revolving Loans pursuant to the provisions of subsection 6.4C, Company shall prepay the Loans (and/or the Revolving Loan Commitments shall be reduced to the extent required pursuant to subsection 6.4) in the full amount of all such Net Insurance/Condemnation Proceeds.

Prepayments from Net Insurance/Condemnation Proceeds. No later than the first Business Day following the date of receipt by Administrative Administra tive Agent or by Company Borrower or any Subsidiary Guarantor of its Subsidiaries of any Net InsuranceInsur ance/Condemnation Proceeds that are required to be applied to prepay the Revolving Loans pursuant to the provisions of subsection 6.4C, Company Borrower shall prepay the Loans (and/or the Revolving Loan Commitments shall be reduced in an aggregate amount equal to the extent required pursuant to subsection 6.4) in the full amount of all such Net InsuranceInsur ance/Condemnation Proceeds.

Prepayments from Net Insurance/Condemnation Proceeds. No later than the first Business Day following the date of receipt by Administrative Agent or by Company or any Subsidiary Guarantor of any Net Insurance/Condemnation Proceeds that are required to be applied to prepay the Ruths_Second Amended and Restated Credit Agreement (2) Revolving Loans pursuant to the provisions of subsection 6.4C, Company shall prepay the Loans (and/or the Revolving Loan Commitments shall be reduced to the extent required pursuant to subsection 6.4) in the full amount of all such Net Insurance/Condemnation Proceeds.