Common use of Debt Issuances Clause in Contracts

Debt Issuances. Promptly, upon receipt by any Credit Party or any of its Subsidiaries of proceeds from any Debt Issuance, the Borrower shall prepay the Loans in an aggregate amount equal to 100% of the Net Cash Proceeds of such Debt Issuance (such prepayment to be applied as set forth in clause (vi) below).

Appears in 2 contracts

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

Debt Issuances. Promptly, upon receipt by any Credit Party or any of its Subsidiaries of proceeds from any Debt Issuance, the Borrower shall prepay the Loans in an aggregate amount equal to 100% of the Net Cash Proceeds of such Debt Issuance (such prepayment to be applied as set forth in clause (vix) below).

Appears in 2 contracts

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

Debt Issuances. Promptly, upon receipt by any Credit Party Borrower or Guarantor or any of its their Subsidiaries of proceeds from any Debt Issuance, the Borrower Borrowers shall prepay the Loans in an aggregate amount equal to 100% of the Net Cash Proceeds of such Debt Issuance (such prepayment to be applied as set forth in clause (vi) below).

Appears in 1 contract

Sources: Term Loan and Security Agreement (Santana Products Inc.)

Debt Issuances. Promptly, Immediately upon receipt by any Credit Party the Parent or any of its Subsidiaries Consolidated Party of proceeds from any Debt Issuance, the Borrower shall prepay the Loans in an aggregate amount equal to 100% of the Net Cash Proceeds of such Debt Issuance to the Lenders (such prepayment to be applied as set forth in clause (vi) below).

Appears in 1 contract

Sources: Credit Agreement (Cluett Peabody & Co Inc /De)

Debt Issuances. Promptly, upon receipt by any Credit Party Borrower or Guarantor or any of its their Subsidiaries of proceeds from any Debt Issuance, the Borrower Borrowers shall prepay the Loans in an aggregate amount equal to 100% of the Net Cash Proceeds of such Debt Issuance (such prepayment to be applied as set forth in clause (viv) below).

Appears in 1 contract

Sources: Term Loan and Security Agreement (CPG International Inc.)

Debt Issuances. Promptly, Immediately upon receipt by any Credit Consolidated Party or any of its Subsidiaries of proceeds from any Debt Issuance, the Borrower shall prepay the Loans in an aggregate amount equal to 100% of the Net Cash Proceeds of such Debt Issuance (such prepayment to be applied as set forth in clause (vi) below).

Appears in 1 contract

Sources: Credit Agreement (American Medical Systems Holdings Inc)

Debt Issuances. Promptly, Immediately upon receipt by any Credit Party or any of its Subsidiaries of proceeds from any Debt Issuance, the Borrower shall prepay the Loans in an aggregate amount equal to 100% of the Net Cash Proceeds of such Debt Issuance (such prepayment to be applied as set forth in clause (vi) below).

Appears in 1 contract

Sources: Credit Agreement (Right Management Consultants Inc)

Debt Issuances. Promptly, upon receipt by any Credit Party or any of its Subsidiaries of proceeds from any Debt Issuance, the Borrower shall prepay the Loans in an aggregate amount equal to 100% of the Net Cash Proceeds of such Debt Issuance (such prepayment to be applied as set forth in clause (viviii) below).

Appears in 1 contract

Sources: Credit Agreement (Gencorp Inc)

Debt Issuances. Promptly, upon receipt by any Credit Party or any of its Subsidiaries of proceeds from any Debt Issuance, the Borrower shall prepay the Loans in an aggregate amount equal to 100% of the Net Cash Proceeds of such Debt Issuance (such prepayment to be applied as set forth in clause (vivii) below).

Appears in 1 contract

Sources: Loan and Security Agreement (Newark Group, Inc)

Debt Issuances. Promptly, Immediately upon receipt by any Credit Party or any of its Restricted(iii) Subsidiaries of proceeds from any Debt Issuance, the Borrower shall prepay the Term Loans in an aggregate amount equal to 100% of the Net Cash Proceeds of such Debt Issuance (such prepayment to be applied as set forth in clause (vi) below).

Appears in 1 contract

Sources: Credit Agreement (Carrols Restaurant Group, Inc.)