Mandatory Prepayments and Commitment Reductions. (a) If any Indebtedness shall be issued or incurred by the Parent Borrower or any of its Subsidiaries (excluding any Indebtedness issued or incurred in accordance with Section 7.2), an amount equal to 100% of the Net Cash Proceeds thereof shall be applied within five Business Days after such issuance or incurrence toward the prepayment of the Term Loans as set forth in Section 2.12(f).
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Samples: Credit Agreement (Conmed Corp), Credit Agreement (CONMED Corp), Credit Agreement (CONMED Corp)
Mandatory Prepayments and Commitment Reductions. (a) If If, after the Closing Date, any Indebtedness shall be issued or incurred by the Parent Borrower or any of its Restricted Subsidiaries (excluding any Indebtedness issued or incurred in accordance with Section 7.2other than Excluded Indebtedness), an amount equal to 100% of the Net Cash Proceeds thereof of such incurrence shall be applied within five Business Days after on the date of such issuance or incurrence toward the prepayment of the Term Loans as set forth in Section 2.12(f4.09(b).
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Samples: Credit Agreement (Roundy's, Inc.), Credit Agreement (Roundy's, Inc.), Term Loan Credit Agreement (Roundy's, Inc.)
Mandatory Prepayments and Commitment Reductions. (a) If any ----------------------------------------------- Indebtedness shall be issued or incurred by Holdings, the Parent Borrower or any of its their respective Subsidiaries (excluding any Indebtedness issued or incurred in accordance with Section 7.2), an amount equal to 100% of the Net Cash Proceeds thereof shall be applied within five Business Days after on the date of such issuance or incurrence toward the prepayment reduction of the Term Loans as set forth in Section 2.12(f)Commitments.
Appears in 2 contracts
Samples: Credit Agreement (Mattress Discounters Corp), Credit Agreement (Bedding Experts Inc)
Mandatory Prepayments and Commitment Reductions. (a) If any Indebtedness shall be issued or incurred by the Parent Borrower or any of its Subsidiaries (excluding any Indebtedness issued or incurred in accordance with Section 7.2), an amount equal to 100% of the Net Cash Proceeds thereof shall be applied within five Business Days after such issuance or incurrence toward the prepayment of the Term Loans as set forth in Section 2.12(f2.12(e).
Appears in 2 contracts
Samples: Credit Agreement (Conmed Corp), Credit Agreement (Conmed Corp)
Mandatory Prepayments and Commitment Reductions. (a) If any Indebtedness shall be issued or incurred by Parent, Holdings or the Parent Borrower or any of its Subsidiaries (excluding any Indebtedness issued or incurred permitted by Section 9.3, then, on the date of such incurrence, the Term Loans shall be prepaid in accordance with Section 7.2), an amount equal to 100% of the Net Cash Proceeds thereof shall be applied within five Business Days after of such issuance or incurrence toward the prepayment of the Term Loans incurrence, as set forth in Section 2.12(f5.5(d).
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Mandatory Prepayments and Commitment Reductions. (a) If any Indebtedness (excluding any Indebtedness incurred in accordance with Section 6.02), shall be issued or incurred by the Parent Borrower or any of its Subsidiaries (excluding any Indebtedness issued or incurred in accordance with Section 7.2)Borrower, an amount equal to 100% of the Net Cash Proceeds thereof shall be applied within five Business Days after on the date of such issuance or incurrence toward the prepayment of the Term Loans as set forth in Section 2.12(f2.09(c).
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Mandatory Prepayments and Commitment Reductions. (a) If Unless the Required Lenders shall otherwise agree, if any Indebtedness shall be issued or incurred Incurred by the Parent Borrower or any of its Subsidiaries (excluding any Indebtedness issued or incurred Incurred in accordance with Section 7.2), an amount equal to 100% of the Net Cash Proceeds thereof shall be applied within five Business Days after on the date of such issuance or incurrence Incurrence toward the prepayment reduction of the Term Loans Revolving Commitments as set forth in Section 2.12(f2.8(c).
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Mandatory Prepayments and Commitment Reductions. (a) If any Indebtedness shall be issued or incurred by the Parent Borrower Holdings or any of its Subsidiaries (excluding any Indebtedness issued or incurred in accordance with permitted by Section 7.29.2), then, on the date of such incurrence the Loans shall be prepaid, by an amount equal to 100% the amount of the Net Cash Proceeds thereof shall be applied within five Business Days after of such issuance or incurrence toward the prepayment of the Term Loans incurrence, as set forth in Section 2.12(f5.5(d), together with any amounts required by Section 5.11(b).
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Samples: Credit Agreement (Six Flags, Inc.)
Mandatory Prepayments and Commitment Reductions. (a) If any Indebtedness shall be issued or incurred by the Parent Borrower or any of its Subsidiaries (excluding any Indebtedness issued or incurred in accordance with Section 7.2), an amount equal to 100% of the Net Cash Proceeds thereof shall be applied within five Business Days after such issuance or incurrence toward the prepayment of the Term Loans as set forth in Section 2.12(f2.12(ef).
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Samples: Credit Agreement (Conmed Corp)
Mandatory Prepayments and Commitment Reductions. (a) If any Indebtedness shall be issued or incurred by the Parent Borrower or any of its Restricted Subsidiaries (excluding any Indebtedness issued or incurred in accordance with Section 7.27.2 (other than Section 7.2(h))), an amount equal to 100% of the Net Cash Proceeds thereof shall be applied within five Business Days after such issuance or incurrence receipt thereof toward the prepayment of the Term Loans as set forth in Section 2.12(f2.12(d).
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