Debt Transactions. Prepayment will be made on the Obligations in an amount equal to one hundred percent (100%) of the Net Cash Proceeds from any Debt Transactions on the Business Day following receipt thereof.
Debt Transactions. The Obligations shall be immediately prepaid as hereafter provided in an amount equal to one hundred percent (100%) of the Net Cash Proceeds received from any Debt Transaction.
Debt Transactions. The Borrower, any Loan Party or any of their respective Subsidiaries, as the case may be, shall prepay an aggregate principal amount of Term Loans equal to 100% of all Net Cash Proceeds received from any Debt Transaction immediately upon receipt thereof by the Borrower, such Loan Party or such Subsidiary (such prepayments to be applied as set forth in clause (v) below).
Debt Transactions. Until the occurrence of a Mandatory Prepayment Modification Event, prepayment will be made on the Loan Obligations in an amount equal to fifty percent (50%) of the Net Cash Proceeds from any Debt Transactions on the Business Day following receipt thereof (but excluding any refinancings unless Net Cash Proceeds are generated therefrom) occurring after the Closing Date.
Debt Transactions. Borrower shall prepay the Term Loan no later than the fifth Business Day following receipt of Net Cash Proceeds, in an amount equal to 100% of the Net Cash Proceeds from any Debt Transactions.
Debt Transactions. AWI shall make, or cause AWP to make, prepayment on the Loan Obligations in an amount equal to the percentage of Net Cash Proceeds of Debt Transactions in excess of $200,000,000 (for all such Debt Transactions from the Closing Date, and not in any instance) as shown below: Consolidated Net Leverage Ratio Percent > 3.0:1.0 100% ≤ 3.0:1.0 0% AWI will make, or cause AWP to make, any such prepayments in respect of Debt Transactions within five Business Days of receipt.
Debt Transactions. The transactions contemplated by the Debt Purchase Agreement, dated of even date herewith, among the International Representatives and the Issuer and the L.L.C. shall have occurred contemporaneously with the transactions contemplated herein.
Debt Transactions. The aggregate amount of the Commitments (including for purposes hereof, the aggregate amount of the Revolving Commitments and the aggregate amount of the Term Loan then outstanding) shall be automatically and permanently reduced by an aggregate amount equal to 100% of the Net Proceeds received by the Borrower or any its Subsidiaries in connection with a Debt Transaction. The prepayments made pursuant to this subsection (iii) shall be applied as provided in subsection (iv) hereof. Any payment owing hereunder, whether in respect of the Revolving Loans or the Term Loan on account of any such reduction in Commitments under this subsection (iii) shall be made to the Agent promptly (but in any event within five (5) Business Days) following receipt by the Borrower or a Subsidiary of the Net Proceeds therefrom.
Debt Transactions. The Borrowers shall make prepayment on the Loan Obligations in an amount equal to 100% of the Net Cash Proceeds from any Debt Transactions within three Business Days following receipt thereof.
Debt Transactions. Prepayment will be made on the Loan Obligations in an amount equal to one hundred percent (100%) of the Net Cash Proceeds from any Debt Transactions on the Business Day following receipt thereof, to the extent that such Net Cash Proceeds are not applied as consideration for Permitted Acquisitions or capital expenditures permitted under this Agreement within the date that is twelve (12) months of the date of receipt of such Net Cash Proceeds.
