Common use of Proceeds of Certain Dispositions Clause in Contracts

Proceeds of Certain Dispositions. If, as a result of the receipt of any cash proceeds by the U.S. Borrower or any Subsidiary in connection with any sale, transfer, lease or other disposition of any asset, including any Equity Interest, the U.S. Borrower would be required by the terms of the Senior Note Indentures or Senior Subordinated Note Indentures to make an offer to purchase any Senior Notes or Senior Subordinated Notes, as applicable, then, in the case of the U.S. Borrower or a Subsidiary, prior to the first day on which the U.S. Borrower would be required to commence such an offer to purchase, (i) prepay Loans in accordance with Section 2.11 or (ii) acquire assets, Equity Interests or other securities in a manner that is permitted by Section 6.04 or Section 6.05, in each case in a manner that will eliminate any such requirement to make such an offer to purchase.

Proceeds of Certain Dispositions. If, as a result of the receipt of any cash proceeds by the U.S. Borrower or any Subsidiary in connection with any sale, transfer, lease or other disposition of any asset, including any Equity Interest, the U.S. Borrower would be required by the terms of the New Senior Note Indentures or Senior Subordinated Note Indentures the Permitted Junior Debt Documents to make an offer to purchase any New Senior Notes or Senior Subordinated Notesany Permitted Junior Debt, as applicable, then, in the case of the U.S. Borrower or a Subsidiary, prior to the first day on which the U.S. Borrower would be required to commence such an offer to purchase, (i) prepay Loans in accordance with Section 2.11 or (ii) acquire assets, Equity Interests or other securities in a manner that is permitted by Section 6.04 or Section 6.05, in each case in a manner that will eliminate any such requirement to make such an offer to purchase.

Proceeds of Certain Dispositions. If, as a result of the receipt of any cash proceeds by the U.S. Borrower or any Subsidiary in connection with any sale, transfer, lease or other disposition of any asset, including any Equity Interest, the U.S. Borrower would be required by the terms of the Senior Note Indentures Indenture or Senior Subordinated Note Indentures Indenture to make an offer to purchase any Senior Notes or Senior Subordinated Notes, as applicable, then, in the case of the U.S. Borrower or a Subsidiary, prior to the first day on which the U.S. Borrower would be required to commence such an offer to purchase, (i) prepay Loans in accordance with Section 2.11 or (ii) acquire assets, Equity Interests or other securities in a manner that is permitted by Section 6.04 or Section 6.05, in each case in a manner that will eliminate any such requirement to make such an offer to purchase.

Proceeds of Certain Dispositions. If, as a result of the receipt of any cash proceeds by the U.S. any Borrower or any Subsidiary in connection with any sale, transfer, lease or other disposition of any asset, including any Equity Interest, the U.S. Domestic Borrower would be required by the terms of the Senior Note Indentures or 2014 Senior Subordinated Note Indentures Indenture or the 2021 Senior Subordinated Notes Indenture to make an offer to purchase any 2014 Senior Subordinated Notes or the 2012 Senior Subordinated Notes, as applicable, then, in the case of the U.S. a Borrower or a Subsidiary, prior to the first day on which the U.S. Domestic Borrower would be required to commence such an offer to purchase, (i) prepay Loans in accordance with Section 2.11 2.12 or (ii) acquire assets, Equity Interests or other securities in a manner that is permitted by Section 6.04 or Section 6.05, in each case in a manner that will eliminate any such requirement to make such an offer to purchase.