Common use of Equity Issuance Clause in Contracts

Equity Issuance. Upon the sale or issuance by any Loan Party or any Subsidiary thereof of any of its Equity Interests (other than Equity Interests issued pursuant to Section 8.06(b)), the Borrowers shall prepay an aggregate principal amount of Loans (and Cash Collateralize Letter of Credit Obligations, if applicable) equal to 100% of all Net Cash Proceeds received therefrom immediately upon receipt thereof by such Loan Party or such Subsidiary.

Equity Issuance. Upon the sale or issuance by any Loan Party or any Subsidiary thereof of its Domestic Subsidiaries of any of its Equity Interests (other than any sales or issuances of Equity Interests issued pursuant to Section 8.06(b)another Loan Party), the Borrowers shall prepay an aggregate principal amount of outstanding Loans (and Cash Collateralize Letter of Credit Obligations, if applicable) equal up to 100% of all Net Cash Proceeds received therefrom immediately upon receipt thereof by such Loan Party or such Subsidiary.

Equity Issuance. Upon the sale or issuance by any Loan Party or any Subsidiary thereof of any of its Equity Interests (other than Equity Interests issued pursuant to Section 8.06(b)), the Borrowers shall prepay an aggregate principal amount of Loans (and Cash Collateralize Letter of Credit Obligations, if applicable) equal to 100% (or such lesser percentage as agreed to by the Administrative Agent in its discretion) of all Net Cash Proceeds received therefrom immediately upon receipt thereof by such Loan Party or such Subsidiary.

Equity Issuance. Upon the sale or issuance by any Loan Party or any Subsidiary thereof of its Subsidiaries of any of its Equity Interests (other than any sales or issuances of Equity Interests issued pursuant to Section 8.06(b)another Loan Party), the Borrowers Borrower shall prepay an aggregate principal amount of Loans (and Cash Collateralize Letter of Credit Obligations, if applicable) equal to 100% of all Net Cash Proceeds received therefrom immediately upon receipt thereof by such Loan Party or such Subsidiary.

Equity Issuance. Upon the sale or issuance by any Loan Party or any Subsidiary thereof of its Subsidiaries of any of its Equity Interests (other than Excluded Issuances and any sales or issuances of Equity Interests issued pursuant to Section 8.06(b)another Loan Party), the Borrowers shall prepay an aggregate principal amount of Loans (and Cash Collateralize Letter of Credit Obligations, if applicable) equal to 100% of all Net Cash Proceeds received therefrom immediately upon receipt thereof by such Loan Party or such Subsidiary.

Equity Issuance. Upon the sale or issuance by any Loan Party or any Subsidiary thereof of its Subsidiaries of any of its Equity Interests (other than (A) Excluded Issuances and (B) any sales or issuances of Equity Interests issued pursuant to Section 8.06(b)another Loan Party), the Borrowers Borrower shall prepay an aggregate principal amount of Loans (and Cash Collateralize Letter of Credit Obligations, if applicable) equal to 10050% of all Net Cash Proceeds received therefrom immediately upon receipt thereof by such Loan Party or such SubsidiarySubsidiary (such prepayments to be applied as set forth in clause (v) below).

Equity Issuance. Upon the sale or issuance by any Loan Party or any Subsidiary thereof of its Subsidiaries of any of its Equity Interests (other than any sales or issuances of Equity Interests issued pursuant to Section 8.06(b)another Loan Party), the Borrowers shall prepay an aggregate principal amount of Loans (and Cash Collateralize Letter of Credit Obligations, if applicable) equal to 100% of all Net Cash Proceeds received therefrom immediately upon receipt thereof by such Loan Party or such Subsidiary.