Asset Sale Prepayment definition

Asset Sale Prepayment has the meaning specified in Section 2.04(b)(i).
Asset Sale Prepayment shall have the meaning specified in paragraph 5D.
Asset Sale Prepayment. Trigger” in subsection 1.1 of the Credit Agreement is hereby amended by inserting after the amount “$75,000,000” in the fifth line thereof the parenthetical phrase “(or, in the case of an Asset Sale after the effective date of the Third Amendment to this Agreement, the aggregate cash Net Proceeds received in connection with all such Asset Sales on and after the effective date of the Third Amendment to this Agreement exceed $75,000,000)”.

Examples of Asset Sale Prepayment in a sentence

  • No prepayment shall be required pursuant to Section 5.2(a)(i) with respect to Asset Sale Prepayment Events, Casualty Events and Permitted Sale Leasebacks unless and until the amount at any time of Net Cash Proceeds from such Prepayment Events required to be applied at or prior to such time pursuant to such Section and not yet applied at or prior to such time to prepay Term Loans pursuant to such Section exceeds $7,500,000 in the aggregate for all such Prepayment Events.

  • If the Asset Sale Prepayment Date shall not be specified in such notice, the Asset Sale Prepayment Date shall be the fortieth (40th) day after the date of such notice.

  • Such Specified Asset Sale Prepayment shall be made no later than five (5) Business Days following the receipt of any such Net Asset Sale Proceeds.

  • The Proposed Asset Sale Prepayment Date shall be not less than 30 days and not more than 60 days after the date of such offer (if the Proposed Asset Sale Prepayment Date shall not be specified in such offer, the Proposed Asset Sale Prepayment Date shall be the 60th day after the date of such offer).

  • A holder of Notes may accept the offer to prepay made pursuant to this Section 8.3 by causing a notice of such acceptance to be delivered to the Company at least five days prior to the Proposed Asset Sale Prepayment Date.


More Definitions of Asset Sale Prepayment

Asset Sale Prepayment shall have the meaning assigned to such term in Section 2.13(b).
Asset Sale Prepayment has the meaning set forth in Section ------- 3.15
Asset Sale Prepayment shall have the meaning specified in Section 7.09(a). “Assignment and Acceptance” means an assignment and acceptance entered into by an assigning Lender and an assignee, and accepted by the Administrative Agent (and the Collateral Agent, if applicable), in accordance with Section 12.07 hereof and substantially in the form of Exhibit B hereto or such other form acceptable to the Administrative Agent or such other form approved by the Administrative Agent. “Authorized Officer” means, with respect to any Person, the chief executive officer, chief operating officer, chief financial officer, treasurer or other financial officer performing similar functions, president or executive vice president of such Person.
Asset Sale Prepayment has the meaning ascribed to it in Section 2.4A(ii)(a).
Asset Sale Prepayment has the meaning specified in Section 3.1(a)(i).
Asset Sale Prepayment. See Section 4.2(c) of this Agreement.
Asset Sale Prepayment is defined in SECTION 2.5(B)(i)(a) hereof.