Common use of Specified Contribution Clause in Contracts

Specified Contribution. Subject to Section 2.4(f)(ii), concurrently with receipt by Borrower of a Specified Contribution, Borrower shall prepay the outstanding principal amount of the Term Loan in accordance with Section 2.4(f)(i) in an amount equal to 100% of such Specified Contribution.

Appears in 3 contracts

Samples: Credit Agreement (Nuverra Environmental Solutions, Inc.), Credit Agreement (Nuverra Environmental Solutions, Inc.), Second Lien Term Loan Credit Agreement (Nuverra Environmental Solutions, Inc.)

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Specified Contribution. Subject to Section 2.4(f)(ii), concurrently Concurrently with receipt by Borrower of a Specified Contribution, Borrower shall prepay the outstanding principal amount of the Term Loan in accordance with Section 2.4(f)(i2.4(f)(ii) in an amount equal to 100% of such Specified Contribution.

Appears in 1 contract

Samples: First Lien Credit Agreement (Nuverra Environmental Solutions, Inc.)

Specified Contribution. Subject to Section 2.4(f)(ii), concurrently Concurrently with receipt by Borrower of a Specified Contribution, Borrower shall prepay the outstanding principal amount of the Term Loan Loans in accordance with Section 2.4(f)(i2.4(f)(ii) in an amount equal to 100% of such Specified Contribution.

Appears in 1 contract

Samples: Credit Agreement (Nuverra Environmental Solutions, Inc.)

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Specified Contribution. Subject to Section 2.4(f)(ii), concurrently Concurrently with receipt by Borrower of a Specified Contribution, Borrower shall prepay the outstanding principal amount of the Term Loan LoanLoans in accordance with Section 2.4(f)(i2.4(f)(ii) in an amount equal to 100% of such Specified Contribution.

Appears in 1 contract

Samples: Credit Agreement (Nuverra Environmental Solutions, Inc.)

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