Proceeds of Indebtedness. Subject to Section 2.8(d), if the Borrower or any Significant Subsidiary incurs or issues any Indebtedness prohibited pursuant to Section 7.1, the Borrower shall prepay an aggregate principal amount of Loans equal to 100% of all Net Proceeds received therefrom on or prior to the date which is five Business Days after the receipt of such Net Proceeds.
Appears in 2 contracts
Samples: Term Loan Credit Agreement (PACIFIC GAS & ELECTRIC Co), Assignment and Assumption (PG&E Corp)
Proceeds of Indebtedness. Subject to Section 2.8(d), if If the Borrower or any Significant Restricted Subsidiary incurs or issues any Indebtedness prohibited (A) not expressly permitted to be incurred or issued pursuant to Section 7.16.01 or (B) incurred pursuant to a Refinancing Amendment, the Borrower shall prepay an aggregate principal amount of Loans equal to 100% of all Net Proceeds received therefrom on or prior to the date which is five Business Days after the receipt of such Net Proceeds.
Appears in 2 contracts
Samples: Credit Agreement (Ugi Corp /Pa/), Credit Agreement (Ugi Corp /Pa/)
Proceeds of Indebtedness. Subject to Section 2.8(d), if If the Borrower or any Significant Restricted Subsidiary incurs or issues any Indebtedness prohibited (A) not expressly permitted to be incurred or issued pursuant to Section 7.16.01 or (B) incurred pursuant to a Refinancing Amendment, the Borrower shall prepay an aggregate principal amount of Loans equal to 100% of all Net Proceeds received therefrom on or prior to the date which is five Business Days after the receipt of such Net Proceeds.. (iv)
Appears in 1 contract
Samples: Credit Agreement (Ugi Corp /Pa/)
Proceeds of Indebtedness. Subject to Section 2.8(d)2.8(d)2.8(d) , if the Borrower or any Significant Subsidiary incurs or issues any Indebtedness prohibited pursuant to Section 7.17.17.1 , the Borrower shall prepay an aggregate principal amount of Loans equal to 100% of all Net Proceeds received therefrom on or prior to the date which is five Business Days after the receipt of such Net Proceeds.
Appears in 1 contract
Samples: Term Loan Credit Agreement (PACIFIC GAS & ELECTRIC Co)
Proceeds of Indebtedness. Subject to Section 2.8(d), if If the Borrower or any Significant Subsidiary incurs or issues any Indebtedness prohibited (A) not expressly permitted to be incurred or issued pursuant to Section 7.16.01 or (B) incurred pursuant to a Refinancing Amendment, the Borrower shall prepay an aggregate principal amount of Loans equal to 100% of all Net Proceeds received therefrom on or prior to the date which is five Business Days after the receipt of such Net Proceeds.
Appears in 1 contract
Samples: Security Agreement (Fuller H B Co)
