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 any Credit Party of Net Cash Proceeds from any sale or issuance of any Indebtedness of the type referred to in clauses (i) or (ii) of the definition thereof (other than any Indebtedness permitted to be outstanding pursuant to Section 7.04), the Borrower will make a prepayment of the Loans in an amount equal to 100% of such net proceeds in accordance with Section 2.11(d) below.

Appears in 1 contract

Sources: Credit Agreement (Amber Road, Inc.)

Certain Proceeds of Indebtedness. Not later than the Business Day following the date of the receipt by any Credit Party or any of their respective Subsidiaries of the Net Cash Proceeds from any sale or issuance of any Indebtedness of the type referred to in clauses (i) or (ii) of the definition thereof (other than any Indebtedness permitted to be outstanding incurred pursuant to Section ‎Section 7.04), the Borrower will make a prepayment of the Loans in an amount equal to 100% of such net proceeds in accordance with Section 2.11(d) below.make

Appears in 1 contract

Sources: Credit Agreement (TopBuild Corp)

Certain Proceeds of Indebtedness. Not later than the Business Day following the date of the receipt by any Credit Loan Party of Net Cash Proceeds 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 of the type referred to in clauses (i) or (ii) of the definition thereof (other than any Indebtedness permitted to be outstanding incurred pursuant to Section 7.047.04(f), the Borrower will make a prepayment of the Loans in an amount equal to 100% of such net proceeds in accordance with Section 2.11(d7.04(g) below.or

Appears in 1 contract

Sources: Amendment and Restatement Agreement (Gibraltar Industries, Inc.)