Common use of Issuances of Equity Clause in Contracts

Issuances of Equity. Immediately upon receipt by a Credit Party or any of its Subsidiaries of cash proceeds from any Equity Issuance, the Borrower shall forward 100% of the Net Cash Proceeds of such Equity Issuance to the Lenders and Maxim Group Lenders as a prepayment of the Loans and Maxim Group Loans (to be applied as set forth in Section 3.3(c) below).

Issuances of Equity. Immediately upon receipt by a Credit Party or any of its Subsidiaries of cash proceeds from any Equity IssuanceIssuance after the Closing Date, the Borrower shall forward 100% of the Net Cash Proceeds of such Equity Issuance to the Lenders and Maxim Group Lenders as a prepayment of the Loans and Maxim Group Loans (to be applied as set forth in Section 3.3(c) below).

Issuances of Equity. Immediately upon receipt by a Credit Party or any of its Subsidiaries of cash proceeds from any Equity Issuance, the Borrower shall forward 100% of the Net Cash Proceeds of such Equity Issuance to the Lenders and the Maxim Group Retail Lenders as a prepayment of the Loans and Maxim Group Retail Loans (to be applied as set forth in Section 3.3(c) below).

Issuances of Equity. Immediately upon receipt by a Credit Party the Borrower or any of its Subsidiaries of cash proceeds from any Equity Issuance, the Borrower shall forward 100% of the Net Cash Proceeds of such Equity Issuance to the Lenders and Maxim Group Lenders as a prepayment of the Loans and Maxim Group Loans (to be applied as set forth in Section 3.3(c) below).