Replacement Assets. Within 365 days after the receipt of any Net Proceeds from an Asset Sale, the Company or the Restricted Subsidiary, as the case may be, may apply an amount equal to such Net Proceeds at its option:
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Samples: Indenture (Asbury Automotive Group Inc), Indenture (Asbury Automotive Group Inc), Indenture (Asbury Automotive Group Inc)
Replacement Assets. Within 365 360 days after the receipt of any Net Proceeds from an Asset Sale, the Company (or the applicable Restricted Subsidiary, as the case may be, ) may apply an amount equal to such Net Proceeds (at its option:the option of the Company or Restricted Subsidiary):
Appears in 2 contracts
Samples: Second Lien Notes Indenture, Senior Secured Notes Indenture
Replacement Assets. Within 365 days after the receipt of any Net Proceeds from an Asset Sale, the Company (or the relevant Restricted SubsidiarySubsidiary of the Company, as the case may be, ) may apply an amount equal to such Net Proceeds (at its option:the option of the Company or such Restricted Subsidiary):
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Replacement Assets. Within 365 days after the receipt of any Net Proceeds from an Asset Sale, the Company (or the applicable Restricted Subsidiary, as the case may be, ) may apply an amount equal to such Net Proceeds (at its option:the option of the Company or Restricted Subsidiary):
Appears in 1 contract
Samples: Indenture
Replacement Assets. Within 365 days after the receipt of any Net Proceeds from an Asset Sale, the Company (or the applicable Restricted Subsidiary, as the case may be, ) may apply an amount equal to such Net Proceeds at its option:
(1) to repay, repurchase, redeem, defease or otherwise discharge any Senior Debt;
(2) to acquire all or substantially all of the assets of, or any Capital Stock of, a Permitted Business (other than through an Unrestricted Subsidiary);
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