Debt Issuances. Within five Business Days of the receipt thereof by any Loan Party or any Subsidiary of the Net Cash Proceeds of any Debt Issuance, the Borrowers shall prepay the Loans and/or Cash Collateralize the L/C Obligations as hereafter provided in an aggregate amount equal to one hundred percent (100%) of such Net Cash Proceeds (such prepayment to be applied as set forth in Section 2.05(b)(vi) below).
Appears in 3 contracts
Sources: Credit Agreement (Montrose Environmental Group, Inc.), Credit Agreement (Montrose Environmental Group, Inc.), Credit Agreement (Montrose Environmental Group, Inc.)
Debt Issuances. Within five Business Days of the after receipt thereof by any Loan Party or any Subsidiary Group Company of the Net Cash Proceeds of proceeds from any Debt IssuanceIssuance (other than such Debt Issuance permitted pursuant to Section 7.01 of this Agreement), the Borrowers Borrower shall prepay the Loans and/or Cash Collateralize the L/C LC Obligations as hereafter provided in an aggregate amount equal to one hundred percent (100%) % of such the Net Cash Proceeds (of such prepayment to be applied as set forth in Section 2.05(b)(vi) below)Debt Issuance.
Appears in 3 contracts
Sources: Credit Agreement (Hillman Companies Inc), Credit Agreement (Hillman Companies Inc), Credit Agreement (Hillman Companies Inc)
Debt Issuances. Within five (5) Business Days of following receipt by the receipt thereof by any Loan Party Borrower or any Subsidiary of the Net Cash Proceeds of any Debt Issuance, the Borrowers Borrower shall prepay the Loans and/or and Cash Collateralize the L/C Obligations as hereafter provided in an aggregate amount equal to one hundred percent (100%) % of such Net Cash Proceeds (such prepayment to be applied as set forth in Section 2.05(b)(viclause (vi) below).
Appears in 2 contracts
Sources: Credit Agreement (Prometheus Laboratories Inc), Credit Agreement (Prometheus Laboratories Inc)
Debt Issuances. Within Not later than five Business Days of following the receipt thereof by any Loan Credit Party or any Subsidiary of the Net Cash Proceeds its Subsidiaries of proceeds from any Debt Issuance, the Borrowers Borrower shall prepay the Loans and/or Cash Collateralize the L/C Obligations as hereafter provided LC Outstandings in an aggregate amount equal to one hundred percent (100%) % of such the Net Cash Proceeds of such Debt Issuance (such prepayment to be applied as set forth in Section 2.05(b)(viclause (ix) below).
Appears in 1 contract
Sources: Credit Agreement (Epiq Systems Inc)
Debt Issuances. Within five Business Days of the after receipt thereof by any Loan Party or any Subsidiary Group Company of the Net Cash Proceeds of proceeds from any Debt IssuanceIssuance (other than such Debt Issuance permitted pursuant to Section 7.01 of this Agreement), the Borrowers Borrower shall prepay the Loans and/or Cash Collateralize the L/C LC Obligations as hereafter provided in an aggregate amount Dollar Amount equal to one hundred percent (100%) % of such the Net Cash Proceeds (of such prepayment to be applied as set forth in Section 2.05(b)(vi) below)Debt Issuance.
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Debt Issuances. Within five Business Days of the after receipt thereof by any Loan Party or any Subsidiary Group Company of the Net Cash Proceeds of from any Debt IssuanceIssuance (other than any Debt Issuance permitted pursuant to clauses (i) through (xvi) of Section 7.01 of this Agreement), the Borrowers Borrower shall prepay the Loans and/or Cash Collateralize the L/C Obligations as hereafter provided in an aggregate amount equal to one hundred percent (100%) % of such the Net Cash Proceeds (of such prepayment to be applied as set forth in Section 2.05(b)(vi) below)Debt Issuance.
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Debt Issuances. Within five Business Days of the after receipt thereof by any Loan Party or any Subsidiary Group Company of the Net Cash Proceeds of from any Debt IssuanceIssuance (other than any Debt Issuance permitted pursuant to Section 7.01 of this Agreement), the Borrowers Borrower shall prepay the Term B Loans and/or Cash Collateralize the L/C Obligations as hereafter provided in an aggregate amount equal to one hundred percent (100%) % of such the Net Cash Proceeds (of such prepayment to be applied as set forth in Section 2.05(b)(vi) below)Debt Issuance.
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Debt Issuances. Within five one Business Days of the after receipt thereof by any Loan Party or any Subsidiary Group Company of the Net Cash Proceeds of proceeds from any Debt IssuanceIssuance (other than any Debt Issuance permitted pursuant to Section 7.01 of this Agreement), the Borrowers Borrower shall prepay the Loans and/or Cash Collateralize or pay the L/C LC Obligations as hereafter provided in an aggregate amount equal to one hundred percent (100%) % of such the Net Cash Proceeds (of such prepayment to be applied as set forth in Section 2.05(b)(vi) below)Debt Issuance.
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