Common use of Debt Issuance Clause in Contracts

Debt Issuance. Not later than one (1) Business Day following the receipt of any Net Cash Proceeds of any Debt Issuance by any Group Member (or concurrently with the receipt of Net Cash Proceeds of any Debt Issuance by any Group Member in connection with a refinancing facility under Section 2.22), the Borrower shall make prepayments in accordance with Section 2.10(i) and (j) in an aggregate principal amount equal to 100% of such Net Cash Proceeds.

Appears in 5 contracts

Sources: Credit Agreement (Blend Labs, Inc.), Credit Agreement (Par Technology Corp), Credit Agreement (Blend Labs, Inc.)

Debt Issuance. Not later than one (1) Business Day following the receipt of any Net Cash Proceeds of any Debt Issuance by any Group Member (or concurrently with the receipt of Net Cash Proceeds of any Debt Issuance by any Group Member in connection with a refinancing facility under Section 2.22), the Borrower shall make prepayments in accordance with Section 2.10(i2.10(h) and (ji) in an aggregate principal amount equal to 100% of such Net Cash Proceeds.

Appears in 5 contracts

Sources: Assumption Agreement and Amendment No. 2 (iCIMS Holding LLC), Credit Agreement (iCIMS Holding LLC), Assumption Agreement and Amendment No. 1 (iCIMS Holding LLC)

Debt Issuance. Not later than one (1) Business Day following the receipt of any Net Cash Proceeds of any Debt Issuance by any Group Member (or concurrently with the receipt thereof in the case of Net Cash Proceeds of any a Debt Issuance by any Group Member in connection with a refinancing facility under pursuant to Section 2.22), the Borrower shall make prepayments in accordance with Section 2.10(i2.10(h) and (ji) in an aggregate principal amount equal to 100% of such Net Cash Proceeds.

Appears in 4 contracts

Sources: Credit Agreement (Cvent Holding Corp.), Credit Agreement (Dragoneer Growth Opportunities Corp. II), Credit Agreement (Ping Identity Holding Corp.)

Debt Issuance. Not later than one (1) Business Day following the receipt of any Net Cash Proceeds of any Debt Issuance by the Borrower or any Group Member (or concurrently with the receipt of Net Cash Proceeds of any Debt Issuance by any Group Member in connection with a refinancing facility under Section 2.22)its Restricted Subsidiaries, the Borrower shall make prepayments in accordance with Section 2.10(i) and (j) of Loans in an aggregate principal amount equal to 100% of such Net Cash Proceeds.

Appears in 2 contracts

Sources: Credit Agreement (Nortek Inc), Credit Agreement (Nortek Inc)

Debt Issuance. Not later than one (1) Business Day following the receipt of any Net Cash Proceeds of any Debt Issuance by the Borrower or any Group Member (or concurrently with the receipt of Net Cash Proceeds of any Debt Issuance by any Group Member in connection with a refinancing facility under Section 2.22)its Subsidiaries, the Borrower shall make prepayments in accordance with Section 2.10(i) and (j) prepay Loans in an aggregate principal amount equal to 100% of such Net Cash Proceeds.

Appears in 2 contracts

Sources: Credit Agreement (Synchronoss Technologies Inc), Credit Agreement (Synchronoss Technologies Inc)

Debt Issuance. Not later than one (1) Business Day following the receipt of any Net Cash Proceeds of any Debt Issuance by any Group Member (or concurrently with the receipt thereof in the case of Net Cash Proceeds of any a Debt Issuance by any Group Member in connection with a refinancing facility under pursuant to Section 2.22), the Borrower Borrowers shall make prepayments in accordance with Section 2.10(i2.10(h) and (ji) in an aggregate principal amount equal to 100% of such Net Cash Proceeds.

Appears in 1 contract

Sources: Credit Agreement (Nutrition Topco, LLC)