Common use of Calculations of Net Proceeds Amounts Clause in Contracts

Calculations of Net Proceeds Amounts. Additional Prepayments ------------------------------------------------------------ and Reductions Based on Subsequent Calculations. Concurrently with any ----------------------------------------------- prepayment of the Loans and/or reduction of the Revolving Loan Commitments pursuant to subsections 2.4B(iii)(a)-(e), Company shall deliver to Administrative Agent an Officers' Certificate demonstrating the calculation of the amount (the "Net Proceeds Amount") of the applicable Net Asset Sale Proceeds or Net Insurance/Condemnation Proceeds, Net Debt Securities Proceeds or Net Equity Securities Proceeds (as such terms are defined in subsections 2.4B(iii)(c) and (d)), or the applicable Consolidated Excess Cash Flow, as the case may be, that gave rise to such prepayment and/or reduction. In the event that Company shall subsequently determine that the actual Net Proceeds Amount was greater than the amount set forth in such Officers' Certificate, Company shall promptly make an additional prepayment of the Loans (and/or, if applicable, the Revolving Loan Commitments shall be permanently reduced) in an amount equal to the amount of such excess, and Company shall concurrently therewith deliver to Administrative Agent an Officers' Certificate demonstrating the derivation of the additional Net Proceeds Amount resulting in such excess.

Calculations of Net Proceeds Amounts. Additional Prepayments ------------------------------------------------------------ and Reductions Based on Subsequent Calculations. Concurrently with any ----------------------------------------------- prepayment of the Loans and/or reduction of the Revolving Loan Commitments pursuant to subsections 2.4B(iii)(a)-(e2.4B(iii)(b)-(g), Company shall deliver to Administrative Agent an Officers' Certificate demonstrating the calculation of the amount (the "Net Proceeds AmountNET PROCEEDS AMOUNT") of the applicable Net SASF Proceeds Amount, Net Cash Proceeds of Asset Sale Proceeds or Sale, Net Insurance/Condemnation Securities Proceeds, Net Debt Securities Cash Proceeds of Receivables Program, Net Reversion Amount or Net Equity Securities Proceeds (as such terms are defined in subsections 2.4B(iii)(c) and (d)), or the applicable Consolidated Excess Cash FlowFlow Repayment Amount, as the case may be, that gave rise to such prepayment and/or reductionreduction (and, if applicable, the calculation of Existing Lenders' Share thereof). In the event that Company shall subsequently determine that the actual Net Proceeds Amount was greater than the amount set forth in such Officers' Certificate, Company shall promptly make an additional prepayment of the Loans (and/or, if applicable, the Revolving Loan Commitments shall be permanently reduced) ), in the manner described above in the applicable subsection of this subsection 2.4B(iii), in an amount equal to the amount of such excessexcess (or, if applicable, Existing Lenders' Share thereof), and Company shall concurrently therewith deliver to Administrative Agent an Officers' Certificate demonstrating the derivation of the additional Net Proceeds Amount resulting in such excessexcess (and, if applicable, the calculation of Existing Lenders' Share thereof).

Calculations of Net Proceeds Amounts. Additional Prepayments ------------------------------------------------------------ and Reductions Based on Subsequent Calculations. Concurrently with any ----------------------------------------------- prepayment of the Loans and/or reduction of the Revolving Loan Commitments pursuant to subsections 2.4B(iii)(a)-(e2.4B(iii)(b) - 2.4B(iii)(f), Company Borrower shall deliver to Administrative Agent and Lenders an Officers' Officer's Certificate demonstrating the calculation of the amount (the "Net Proceeds Amount") of the applicable Net Asset Sale Proceeds or Proceeds, Net Insurance/Condemnation Proceeds, Net Debt Pension Proceeds, Net Securities Proceeds or Net Equity Securities Proceeds (as such terms are defined in subsections 2.4B(iii)(c) and (d))Proceeds, or the applicable Consolidated Excess Cash Flow, as the case may be, that gave rise to such prepayment and/or reduction. In the event that Company shall If Borrower subsequently determine determines that the actual Net Proceeds Amount was greater than the amount set forth in such Officers' CertificateOfficer's Certificate (including if any actual taxes to be paid as a result of an Asset Sale is less than the estimated taxes to be paid as a result of such Asset Sale), Company Borrower shall promptly make an additional prepayment of the Loans (and/or, if applicable, the Revolving Loan Commitments shall be permanently reduced) in an amount equal to the amount of such excess, and Company Borrower shall concurrently therewith deliver to Administrative Agent an Officers' Officer's Certificate demonstrating the derivation of the additional Net Proceeds Amount resulting in such excess.

Calculations of Net Proceeds Amounts. Additional Prepayments ------------------------------------------------------------ and ---------------------------------------------------------------- Reductions Based on Subsequent Calculations. Concurrently with any ----------------------------------------------- prepayment ------------------------------------------- of the Loans and/or reduction of the Revolving Loan Commitments pursuant to subsections 2.4B(iii)(a)-(e), Company shall deliver to Administrative Agent an Officers' Certificate demonstrating the calculation of the amount (the "Net Proceeds Amount") of the applicable Net Asset Sale Proceeds or Proceeds, Net Insurance/Condemnation Proceeds, Net Debt Securities Proceeds or Indebtedness Proceeds, Net Equity Securities Proceeds (as such terms are defined in subsections 2.4B(iii)(c) and (d)), or the applicable Consolidated Excess Cash Flow, as the case may be, that gave rise to such prepayment and/or reduction. In the event that Company shall subsequently determine that the actual Net Proceeds Amount was greater than the amount set forth in such Officers' Certificate, Company Borrowers shall promptly make an additional prepayment of the Loans (and/or, if applicable, the Revolving Loan Commitments shall be permanently reduced) in an amount equal to the amount of such excess, and Company shall concurrently therewith deliver to Administrative Agent an Officers' Certificate demonstrating the derivation of the additional Net Proceeds Amount resulting in such excess.