Common use of Equity Issuance Clause in Contracts

Equity Issuance. Upon any Equity Issuance after the Closing Date, Borrower shall make prepayments in accordance with Sections 2.10(h) and (i) in an aggregate principal amount equal to 50% of the Net Cash Proceeds of such Equity Issuance.

Appears in 6 contracts

Sources: Credit Agreement (Basic Energy Services Inc), Credit Agreement (Basic Energy Services Inc), Credit Agreement (Herbalife Ltd.)

Equity Issuance. Upon any Equity Issuance after the Closing DateDate (other than in connection with the Equity Financing), Borrower shall make prepayments in accordance with Sections 2.10(h) and (i) in an aggregate principal amount equal to 50% of the Net Cash Proceeds of such Equity Issuance.

Appears in 2 contracts

Sources: Credit Agreement (Wh Holdings Cayman Islands LTD), Credit Agreement (Herbalife International Inc)

Equity Issuance. Upon any Equity Issuance after the Closing Date, Borrower Borrowers shall make prepayments in accordance with Sections 2.10(h) and (iSection 2.09(f) in an aggregate principal amount equal to 50100% of the Net Cash Proceeds of such Equity Issuance.

Appears in 2 contracts

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

Equity Issuance. Upon any Equity Issuance after the Closing Date, Borrower the Borrowers shall make prepayments in accordance with Sections 2.10(h) and (i2.10(i) in an aggregate principal amount equal to 50% of the Net Cash Proceeds of such Equity Issuance.

Appears in 1 contract

Sources: Credit Agreement (Massey Energy Co)

Equity Issuance. Upon any Equity Issuance after the Closing Date, Borrower Basic shall make prepayments in accordance with Sections 2.10(h) and (i) in an aggregate principal amount equal to 50% of the Net Cash Proceeds of such Equity Issuance.

Appears in 1 contract

Sources: Credit Agreement (Basic Energy Services Inc)