Common use of Incurrence of Debt Clause in Contracts

Incurrence of Debt. Promptly (but in any event within one (1) Business Day) upon receipt by any Credit Party or any Restricted Subsidiary of any Credit Party of the Net Cash Proceeds of the incurrence of Indebtedness (other than Net Cash Proceeds from the incurrence of Indebtedness permitted hereunder), the Borrower shall deliver, or cause to be delivered, to Agent an amount equal to 100% of such Net Cash Proceeds for application to the Loans in accordance with Section 1.8(f).

Appears in 6 contracts

Samples: Credit Agreement (R1 RCM Inc.), Credit Agreement (R1 RCM Inc.), Credit Agreement (R1 RCM Inc. /DE)

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Incurrence of Debt. Promptly (but in any event within one (1) Business Day) Immediately upon receipt by any Credit Party or any Restricted Subsidiary of any Credit Party of the Net Cash Issuance Proceeds of the incurrence of Indebtedness (other than Net Cash Issuance Proceeds from the incurrence of Indebtedness permitted hereunder), the Borrower shall deliver, or cause to be delivered, to Agent an amount equal to 100% of such Net Cash Proceeds Issuance Proceeds, for application to the Loans in accordance with Section 1.8(f2.8(e).

Appears in 4 contracts

Samples: Credit Agreement (Addus HomeCare Corp), Credit Agreement (Addus HomeCare Corp), Credit Agreement (Addus HomeCare Corp)

Incurrence of Debt. Promptly (Immediately upon, but in any event within no later than one (1) Business Day) upon Day after, receipt by any Credit Party or any Restricted Subsidiary of any Credit Party of the Net Cash Issuance Proceeds of the incurrence of Indebtedness (other than Net Cash Issuance Proceeds from the incurrence of Indebtedness permitted hereunder), the Borrower shall deliver, or cause to be delivered, to Agent an amount equal to 100% of such Net Cash Issuance Proceeds for application to the Loans in accordance with Section 1.8(f2.8(f).

Appears in 3 contracts

Samples: Credit Agreement (Rimini Street, Inc.), Credit Agreement (Rimini Street, Inc.), Credit Agreement (Rimini Street, Inc.)

Incurrence of Debt. Promptly (but in any event within one (1i) Business Day) Immediately upon receipt by any Credit Party or any Restricted Subsidiary of any Credit Party of the Net Cash Issuance Proceeds of the incurrence of Indebtedness (other than Net Cash Issuance Proceeds from the incurrence of Indebtedness permitted hereunder), the Borrower shall deliver, or cause to be delivered, to Administrative Agent an amount equal to 100% of such Net Cash Proceeds Issuance Proceeds, for application to the Loans in accordance with Section 1.8(f).

Appears in 2 contracts

Samples: Credit Agreement (Truck Hero, Inc.), Credit Agreement (TA THI Parent, Inc.)

Incurrence of Debt. Promptly (but in any event within one (1) Business Day) Immediately upon receipt by any Credit Party or any Restricted Subsidiary of any Credit Party of the Net Cash Issuance Proceeds of the incurrence of Indebtedness (other than Net Cash Issuance Proceeds from the incurrence of Indebtedness permitted hereunder), the Borrower shall deliver, or cause to be delivered, to Agent an amount equal to 100% of such Net Cash Proceeds Issuance Proceeds, for application to the Loans in accordance with Section 1.8(f).

Appears in 1 contract

Samples: Credit Agreement (Nobilis Health Corp.)

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Incurrence of Debt. Promptly (but in any event within one (1) Business Day) Immediately upon the receipt by any Credit Party or any Restricted Subsidiary of any Credit Party of the Net Cash Issuance Proceeds of the incurrence of Indebtedness (other than Net Cash Issuance Proceeds from the incurrence issuance of Indebtedness permitted hereunder), the Borrower shall deliver, or cause to be delivered, to Agent an amount equal to 100% of such Net Cash Proceeds Issuance Proceeds, for application to the Loans in accordance with Section 1.8(f1.8(g).

Appears in 1 contract

Samples: Credit Agreement (Diplomat Pharmacy, Inc.)

Incurrence of Debt. Promptly (but in any event within one (1) Business Day) Immediately upon receipt by any Credit Party or any Restricted Subsidiary of any Credit Party of the Net Cash Issuance Proceeds of the incurrence of Indebtedness (other than Net Cash Issuance Proceeds from the incurrence of Indebtedness permitted hereunder), the Borrower Borrowers shall deliver, or cause to be delivered, to Agent an amount equal to 100% of such Net Cash Issuance Proceeds for application to the Loans in accordance with Section 1.8(f2.8(f).

Appears in 1 contract

Samples: Credit Agreement (Amphastar Pharmaceuticals, Inc.)

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