Common use of Certain Proceeds of Indebtedness Clause in Contracts

Certain Proceeds of Indebtedness. Not later than the Business Day following the date of the receipt by Holdings or any of its Subsidiaries of the cash proceeds (net of underwriting discounts and commissions, placement agent fees and other reasonable and customary fees and costs associated therewith) from any sale or issuance of any Indebtedness (other than any Indebtedness incurred pursuant to any of Section 7.04(a) through (m) and (o)) after the Closing Date, the Company or the applicable Borrower will make a prepayment of the Loans in an amount equal to 100% of such net proceeds in excess of such amount in accordance with Section 2.16(d) below.