Common use of Debt Transactions Clause in Contracts

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.

Appears in 8 contracts

Samples: Credit Agreement (Speedway Motorsports Inc), Credit Agreement (New Hampshire Motor Speedway, Inc.), Credit Agreement (Speedway Motorsports Inc)

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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 in excess of $100 million received from any Debt TransactionTransactions in the aggregate from the Closing Date.

Appears in 1 contract

Samples: Credit Agreement (Ameripath Inc)

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