Certain Proceeds of Indebtedness. Not later than the fifth (5th) Business Day following the date of the receipt by any Credit Party of the cash proceeds (net of underwriting discounts and commissions, placement agent fees and other customary fees and costs associated therewith) from any sale or issuance of any Indebtedness (other than any Indebtedness incurred pursuant to Section 7.04 after the Closing Date (other than any Permitted Refinancing)), the Borrower shall prepay the Term Loans in an amount equal to 100% of such Net Cash Proceeds in accordance with Section 2.13(d).
Appears in 2 contracts
Sources: Priming Facility Credit Agreement (GTT Communications, Inc.), Credit Agreement (GTT Communications, Inc.)
Certain Proceeds of Indebtedness. Not later than the fifth (5th) Business Day following the date of the receipt by the Borrower or any Credit Party of its Subsidiaries of the cash proceeds (net of underwriting discounts and commissions, placement agent fees and other customary fees and costs associated therewith) from any sale or issuance of any Indebtedness (other than any Indebtedness incurred pursuant to Section 7.04 after the Closing Date (other than any Permitted Refinancing)Date), the Borrower shall prepay will make a prepayment of the Term Loans in an amount equal to 100% of such Net Cash Proceeds in accordance with Section 2.13(d)) below.
Appears in 2 contracts
Sources: Credit Agreement (Eastern Co), Credit Agreement (Eastern Co)
Certain Proceeds of Indebtedness. Not later than the fifth (5th) Business Day following the date of the receipt by any Credit Party of the cash proceeds (net of underwriting discounts and commissions, placement agent fees and other customary fees and costs associated therewith) from any sale or issuance of any Indebtedness (other than any Indebtedness incurred pursuant to Section 7.04 after the Closing Date (other than any Permitted Refinancing)Date), the Borrower shall prepay will make a prepayment of the Term Loans in an amount equal to 100% of such Net Cash Proceeds in accordance with Section 2.13(d)) below.
Appears in 2 contracts
Sources: Credit Agreement (GTT Communications, Inc.), Credit Agreement (GTT Communications, Inc.)
Certain Proceeds of Indebtedness. Not later than the fifth (5th) Business Day following the date of the receipt by any Credit Party of the cash proceeds (net of underwriting discounts and commissions, placement agent fees and other customary fees and costs associated therewith) from any sale or issuance of any Indebtedness (other than any Indebtedness incurred pursuant to Section 7.04 9.4 after the Closing Date (other than any Permitted Refinancing)Date), the Borrower shall prepay will make a prepayment of the Term Loans in an amount equal to 100% of such Net Cash Proceeds net proceeds in accordance with Section 2.13(d)5.1(d) below.
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Certain Proceeds of Indebtedness. Not later than the fifth (5th) Business Day following the date of the receipt by any Credit Party of the cash proceeds (net of underwriting discounts and commissions, placement agent fees and other customary fees and costs associated therewith) from any sale or issuance of any Indebtedness (other than any Indebtedness incurred pursuant to Section 7.04 after the Closing Date (other than any Permitted Refinancing)Date), the Borrower shall prepay will make a prepayment of the Term Loans in an amount equal to 100% of such Net Cash Proceeds in accordance with Section 2.13(d)2.11(c) below.
Appears in 1 contract
Certain Proceeds of Indebtedness. Not later than the fifth (5th) Business Day following the date of the receipt by any Credit Party of the cash proceeds (net of underwriting discounts and commissions, placement agent fees and other customary fees and costs associated therewith) from any sale or issuance of any Indebtedness (other than any Indebtedness incurred pursuant to Section 7.04 Sections 7.04(a) through 7.04(h)) after the Closing Date (other than any Permitted Refinancing))Date, the Borrower shall prepay will make a prepayment of the Term Loans in an amount equal to 100% of such Net Cash Proceeds net proceeds in accordance with Section 2.13(d)) below.
Appears in 1 contract
Certain Proceeds of Indebtedness. Not later than the fifth (5th) Business Day following the date of the receipt by any Credit Party of the cash proceeds (net of underwriting discounts and commissions, placement agent fees and other customary fees and costs associated #4848-6974-4858 therewith) from any sale or issuance of any Indebtedness (other than any Indebtedness incurred pursuant to Section 7.04 after the Closing Date (other than any Permitted Refinancing)), the Borrower shall prepay the Term Loans in an amount equal to 100% of such Net Cash Proceeds in accordance with Section 2.13(d).
Appears in 1 contract
Sources: Priming Facility Credit Agreement (GTT Communications, Inc.)