Common use of Productive Assets Clause in Contracts

Productive Assets. Within 365 days after the receipt of any Net Proceeds from an Asset Sale, the Company or a Restricted Subsidiary of the Company, as the case may be, may apply such Net Proceeds at its option:

Appears in 2 contracts

Samples: Senior Bridge Loan Agreement (Charter Communications Holdings Capital Corp), Indenture (Charter Communications Holdings Capital Corp)

AutoNDA by SimpleDocs

Productive Assets. Within 365 days after the receipt of any Net Proceeds from an Asset Sale, the Company or a Restricted Subsidiary of the Company, as the case may be, Company may apply an amount equal to such Net Proceeds at its option:

Appears in 1 contract

Samples: Indenture (Charter Communications Inc /Mo/)

AutoNDA by SimpleDocs

Productive Assets. Within 365 days after the receipt of any Net Proceeds from an Asset Sale, the Company or a Restricted Subsidiary of the Company, as the case may be, may apply such Net Proceeds at its option: (1) to repay debt under the Credit Facilities or any other Indebtedness of the Restricted Subsidiaries of the Company (other than Indebtedness represented by a guarantee of a Restricted Subsidiary of the Company); or

Appears in 1 contract

Samples: Indenture (Charter Communications Holdings Capital Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!