Common use of Key Man Event Clause in Contracts

Key Man Event. Subject to Section 2.09(e), within 60 days of the Key Man Date, the Borrower shall pay or cause to be paid to the Administrative Agent an amount equal to 30% of the outstanding Term Loans. Any such prepayment shall be accompanied by accrued interest to the extent required by Section 2.12, together with any additional amounts required pursuant to Section 2.17.