Temporary Investment. Pending the final application of any Net Proceeds pursuant to this Section 2.07 (other than proceeds of Permanent Securities), Borrower or the applicable Restricted Subsidiary may apply such Net Proceeds temporarily to reduce Indebtedness outstanding under a revolving credit facility or otherwise invest such Net Proceeds in Cash Equivalents.
Appears in 2 contracts
Samples: Bridge Loan Agreement (Lyondell Chemical Co), Bridge Loan Agreement (Lyondell Chemical Co)
Temporary Investment. Pending the final application of any Net Proceeds pursuant to this Section 2.07 (other than proceeds of Permanent Securities)2.07, Holdings, the Borrower or the applicable Restricted Subsidiary may apply such Net Proceeds temporarily to reduce Indebtedness outstanding under a revolving credit facility or otherwise invest such Net Proceeds in Cash Equivalents.
Appears in 2 contracts
Samples: Senior Subordinated Bridge B Loan Agreement (Celanese Ag), Senior Subordinated Bridge C Loan Agreement (Celanese Ag)
Temporary Investment. Pending the final application of any Net Cash Proceeds pursuant to this Section 2.07 (other than proceeds of Permanent Securities)4.2, the Borrower or the applicable Restricted Subsidiary may apply such Net Cash Proceeds temporarily to reduce Indebtedness outstanding under a revolving credit facility or otherwise invest such Net Cash Proceeds in Cash Equivalents.
Appears in 1 contract
Samples: Senior Bridge Loan Agreement (Activant Solutions Inc /De/)
Temporary Investment. Pending the final application of any Net Proceeds pursuant to this Section 2.07 (other than proceeds of Permanent Securities)5.2, the Borrower or the applicable Restricted Subsidiary may apply such Net Proceeds temporarily to reduce Indebtedness outstanding under a revolving credit facility or otherwise invest such Net Proceeds in Cash EquivalentsEquivalents or Investment Grade Securities.
Appears in 1 contract
Samples: Senior Subordinated Loan Agreement (Rockwood Specialties Group Inc)
Temporary Investment. Pending the final application of any Net Cash Proceeds pursuant to this Section 2.07 (other than proceeds of Permanent Securities)2.10, the Borrower or the applicable Restricted Subsidiary may apply such Net Cash Proceeds temporarily to reduce Indebtedness outstanding under a revolving credit facility or otherwise invest such Net Cash Proceeds in Cash EquivalentsPermitted Investments.
Appears in 1 contract
Samples: Bridge Loan Agreement (Alion Science & Technology Corp)
Temporary Investment. Pending the final application of any Net Proceeds pursuant to this Section 2.07 (other than proceeds of Permanent Securities)2.07, Borrower or the applicable Restricted Subsidiary may apply such Net Proceeds temporarily to reduce Indebtedness outstanding under a revolving credit facility or otherwise invest such Net Proceeds in Cash Equivalents.
Appears in 1 contract
