{"component": "clause", "props": {"groups": [{"size": 425, "samples": [{"hash": "gHuQcDHxS28", "uri": "/contracts/gHuQcDHxS28#mandatory-prepayments", "label": "Credit Agreement (Honeywell Aerospace Inc.)", "score": 37.3641357422, "published": true}, {"hash": "NItjQmC5iE", "uri": "/contracts/NItjQmC5iE#mandatory-prepayments", "label": "Credit Agreement (Honeywell International Inc)", "score": 37.1752243042, "published": true}, {"hash": "5GmsXdFOqge", "uri": "/contracts/5GmsXdFOqge#mandatory-prepayments", "label": "Five Year Credit Agreement (Honeywell International Inc)", "score": 37.1752243042, "published": true}], "snippet": "If, on any date, the sum of (i) the aggregate principal amount of all Advances denominated in Dollars then outstanding plus (ii) the Equivalent in Dollars (determined on the third Business Day prior to such date) of the aggregate principal amount of all Advances denominated in Alternative Currencies then outstanding plus (iii) the aggregate Available Amount of all Letters of Credit denominated in Dollars then outstanding plus (iv) the Equivalent in Dollars (determined on the third Business Day prior to such date) of the aggregate Available Amount of all Letters of Credit denominated in Alternative Currencies then outstanding exceeds 103% of the aggregate Commitments of the Lenders on such date, the Company and each other Borrower, if any, shall thereupon promptly prepay the outstanding principal amount of any Advances owing by such Borrower in an aggregate amount (or deposit an amount in the Cash Deposit Account) sufficient to reduce such sum (calculated on the basis of the Available Amount of Letters of Credit being reduced by the amount in the Cash Deposit Account) to an amount not to exceed 100% of the aggregate Commitments of the Lenders on such date, together with any interest accrued to the date of such prepayment on the principal amounts prepaid and, in the case of any prepayment of a Term Rate Advance on a date other than the last day of an Interest Period or an Alternative Currency Daily Rate Advance other than on an Interest Payment Date applicable thereto, any additional amounts which such Borrower shall be obligated to reimburse to the Lenders in respect thereof pursuant to Section 9.04(c). The Administrative Agent shall give prompt notice of any prepayment required under this Section 2.10(b) to the Borrowers and the Lenders.", "snippet_links": [{"key": "sum-of", "type": "clause", "offset": [21, 27]}, {"key": "aggregate-principal-amount", "type": "definition", "offset": [36, 62]}, {"key": "all-advances", "type": "clause", "offset": [66, 78]}, {"key": "third-business-day", "type": "clause", "offset": [174, 192]}, {"key": "prior-to", "type": "clause", "offset": [193, 201]}, {"key": "alternative-currencies", "type": "clause", "offset": [278, 300]}, {"key": "aggregate-available-amount", "type": "definition", "offset": [333, 359]}, {"key": "all-letters-of-credit", "type": "clause", "offset": [363, 384]}, {"key": "commitments-of-the-lenders", "type": "clause", "offset": [663, 689]}, {"key": "the-company", "type": "clause", "offset": [704, 715]}, {"key": "other-borrower", "type": "definition", "offset": [725, 739]}, {"key": "outstanding-principal-amount", "type": "clause", "offset": [785, 813]}, {"key": "aggregate-amount", "type": "definition", "offset": [859, 875]}, {"key": "cash-deposit-account", "type": "definition", "offset": [905, 925]}, {"key": "basis-of", "type": "clause", "offset": [976, 984]}, {"key": "amount-of-letters-of-credit", "type": "clause", "offset": [999, 1026]}, {"key": "amount-not-to-exceed", "type": "clause", "offset": [1090, 1110]}, {"key": "interest-accrued", "type": "definition", "offset": [1192, 1208]}, {"key": "date-of", "type": "clause", "offset": [1216, 1223]}, {"key": "amounts-prepaid", "type": "clause", "offset": [1257, 1272]}, {"key": "in-the-case", "type": "clause", "offset": [1278, 1289]}, {"key": "term-rate-advance", "type": "definition", "offset": [1313, 1330]}, {"key": "day-of", "type": "clause", "offset": [1361, 1367]}, {"key": "an-interest-period", "type": "clause", "offset": [1368, 1386]}, {"key": "alternative-currency-daily-rate-advance", "type": "definition", "offset": [1393, 1432]}, {"key": "interest-payment-date", "type": "clause", "offset": [1450, 1471]}, {"key": "additional-amounts", "type": "definition", "offset": [1496, 1514]}, {"key": "borrower-shall", "type": "clause", "offset": [1526, 1540]}, {"key": "to-reimburse", "type": "definition", "offset": [1554, 1566]}, {"key": "pursuant-to-section", "type": "definition", "offset": [1601, 1620]}, {"key": "agent-shall", "type": "definition", "offset": [1649, 1660]}, {"key": "notice-of-any", "type": "clause", "offset": [1673, 1686]}, {"key": "the-borrowers", "type": "definition", "offset": [1737, 1750]}], "hash": "9c3052e0bb4e95a36c5f251cf74b94ce", "id": 2}, {"size": 236, "samples": [{"hash": "hsUwUhvED4d", "uri": "/contracts/hsUwUhvED4d#mandatory-prepayments", "label": "Note Purchase Agreement (5E Advanced Materials, Inc.)", "score": 36.036277771, "published": true}, {"hash": "a7uA9u5SyLc", "uri": "/contracts/a7uA9u5SyLc#mandatory-prepayments", "label": "Note Purchase Agreement (5E Advanced Materials, Inc.)", "score": 36.036277771, "published": true}, {"hash": "8P7Sirqc7EV", "uri": "/contracts/8P7Sirqc7EV#mandatory-prepayments", "label": "Note Purchase Agreement (5E Advanced Materials, Inc.)", "score": 35.7077331543, "published": true}], "snippet": "(i) If the principal amount of the Notes is accelerated (including, but not limited to, upon the occurrence of a bankruptcy or insolvency event (including the acceleration of claims by operation of law)), Issuer shall immediately pay to Purchasers, payable to each Purchaser in accordance with its respective Pro Rata Share, an amount equal to the sum of: (i) the outstanding principal amount of the Notes, plus (ii) accrued and unpaid interest thereon through the prepayment date, plus (iii) all other Obligations that are due and payable, including Purchasers\u2019 Expenses and interest at the Default Rate, if applicable, with respect to any past due amounts.\n(ii) If on any date Issuer or any Subsidiary shall receive Net Proceeds from any Asset Sale, Issuer shall apply an amount equal to one hundred percent (100%) of such Net Proceeds, to prepay the Notes; provided that,\n(1) Issuer may deliver a Reinvestment Notice with respect to the percentage of such Net Proceeds in the Issuer Retention column below, and shall apply an amount equal to the percentage of such Net Proceeds in the Note Repayment column below, to prepay the Notes: and\n(2) notwithstanding the foregoing, on each Reinvestment Prepayment Date, Issuer shall apply an amount equal to the Reinvestment Prepayment Amount with respect to the relevant Reinvestment Event to prepay the Notes (together with any applicable premium). All Net Proceeds from Asset Sales shall be deposited in a Collateral Account pending repayment or reinvestment in accordance with the terms of this Section 2.2(c). Amounts to be applied in connection with prepayments made pursuant to this Section 2.2(c)(ii) shall be payable to each Purchaser in accordance with its respective Pro Rata Share; provided that any Purchaser may decline any such prepayment (collectively, the \u201cDeclined Amount\u201d), in which case the Declined Amount shall be retained by Issuer. Each prepayment of the Notes under this Section 2.2(c)(ii) shall be accompanied by accrued interest to the date of such prepayment on the amount prepaid. Issuer shall deliver to each Purchaser notice of each prepayment of Notes in whole or in part pursuant to this Section 2.2(c)(ii) not less than five (5) Business Days prior to the date such prepayment shall be made (each, a \u201cMandatory Prepayment Date\u201d). Such notice shall set forth (i) the Mandatory Prepayment Date, (ii) the aggregate amount of such prepayment, and (iii) the option of each Purchaser to (x) decline its share of such prepayment or (y) accept Declined Amounts. Any Purchaser that wishes to exercise its option to decline such prepayment or to accept Declined Amounts shall notify Issuer not later than three (3) Business Days prior to the Mandatory Prepayment Date. Issuer shall not, and shall not permit any of the Subsidiaries to, use any Net Proceeds received from any Asset Sale to repay any Junior Indebtedness.", "snippet_links": [{"key": "principal-amount-of-the-notes", "type": "clause", "offset": [11, 40]}, {"key": "not-limited", "type": "clause", "offset": [72, 83]}, {"key": "bankruptcy-or-insolvency-event", "type": "definition", "offset": [113, 143]}, {"key": "of-claims", "type": "clause", "offset": [172, 181]}, {"key": "by-operation-of-law", "type": "clause", "offset": [182, 201]}, {"key": "pay-to", "type": "definition", "offset": [230, 236]}, {"key": "payable-to", "type": "definition", "offset": [249, 259]}, {"key": "each-purchaser", "type": "definition", "offset": [260, 274]}, {"key": "in-accordance-with", "type": "clause", "offset": [275, 293]}, {"key": "pro-rata-share", "type": "clause", "offset": [309, 323]}, {"key": "equal-to", "type": "definition", "offset": [335, 343]}, {"key": "sum-of", "type": "clause", "offset": [348, 354]}, {"key": "outstanding-principal-amount", "type": "clause", "offset": [364, 392]}, {"key": "accrued-and-unpaid-interest", "type": "definition", "offset": [417, 444]}, {"key": "other-obligations", "type": "definition", "offset": [497, 514]}, {"key": "due-and-payable", "type": "clause", "offset": [524, 539]}, {"key": "expenses-and-interest", "type": "clause", "offset": [563, 584]}, {"key": "default-rate", "type": "definition", "offset": [592, 604]}, {"key": "if-applicable", "type": "clause", "offset": [606, 619]}, {"key": "with-respect-to", "type": "clause", "offset": [621, 636]}, {"key": "past-due-amounts", "type": "clause", "offset": [641, 657]}, {"key": "subsidiary-shall", "type": "definition", "offset": [693, 709]}, {"key": "net-proceeds", "type": "definition", "offset": [718, 730]}, {"key": "provided-that", "type": "definition", "offset": [860, 873]}, {"key": "reinvestment-notice", "type": "definition", "offset": [900, 919]}, {"key": "the-percentage", "type": "definition", "offset": [936, 950]}, {"key": "issuer-retention", "type": "definition", "offset": [979, 995]}, {"key": "note-repayment", "type": "definition", "offset": [1088, 1102]}, {"key": "notwithstanding-the-foregoing", "type": "clause", "offset": [1146, 1175]}, {"key": "reinvestment-prepayment-date", "type": "definition", "offset": [1185, 1213]}, {"key": "reinvestment-prepayment-amount", "type": "definition", "offset": [1257, 1287]}, {"key": "the-relevant", "type": "clause", "offset": [1304, 1316]}, {"key": "reinvestment-event", "type": "definition", "offset": [1317, 1335]}, {"key": "applicable-premium", "type": "definition", "offset": [1375, 1393]}, {"key": "asset-sales", "type": "clause", "offset": [1418, 1429]}, {"key": "collateral-account", "type": "definition", "offset": [1454, 1472]}, {"key": "terms-of", "type": "clause", "offset": [1530, 1538]}, {"key": "amounts-to-be", "type": "clause", "offset": [1560, 1573]}, {"key": "in-connection-with", "type": "clause", "offset": [1582, 1600]}, {"key": "made-pursuant-to", "type": "clause", "offset": [1613, 1629]}, {"key": "by-issuer", "type": "clause", "offset": [1890, 1899]}, {"key": "prepayment-of-the-notes", "type": "clause", "offset": [1906, 1929]}, {"key": "accrued-interest", "type": "clause", "offset": [1984, 2000]}, {"key": "date-of", "type": "clause", "offset": [2008, 2015]}, {"key": "deliver-to", "type": "definition", "offset": [2068, 2078]}, {"key": "notice-of", "type": "clause", "offset": [2094, 2103]}, {"key": "prepayment-of-notes", "type": "clause", "offset": [2109, 2128]}, {"key": "prior-to-the", "type": "clause", "offset": [2222, 2234]}, {"key": "mandatory-prepayment-date", "type": "definition", "offset": [2280, 2305]}, {"key": "aggregate-amount", "type": "definition", "offset": [2381, 2397]}, {"key": "the-option", "type": "clause", "offset": [2428, 2438]}, {"key": "declined-amounts", "type": "definition", "offset": [2515, 2531]}, {"key": "to-exercise", "type": "clause", "offset": [2559, 2570]}, {"key": "option-to-decline", "type": "clause", "offset": [2575, 2592]}, {"key": "the-subsidiaries", "type": "clause", "offset": [2784, 2800]}, {"key": "to-repay", "type": "clause", "offset": [2855, 2863]}, {"key": "junior-indebtedness", "type": "definition", "offset": [2868, 2887]}], "hash": "0a5d985b7d24345a6165e230f48f3005", "id": 5}, {"size": 191, "samples": [{"hash": "eAnfUFfNDmr", "uri": "/contracts/eAnfUFfNDmr#mandatory-prepayments", "label": "Credit Agreement (Huntington Ingalls Industries, Inc.)", "score": 34.319644928, "published": true}, {"hash": "iSymcbvg6Hm", "uri": "/contracts/iSymcbvg6Hm#mandatory-prepayments", "label": "Credit Agreement (Huntington Ingalls Industries, Inc.)", "score": 32.8412055969, "published": true}, {"hash": "3J39IVPCNTP", "uri": "/contracts/3J39IVPCNTP#mandatory-prepayments", "label": "Credit Agreement (Huntington Ingalls Industries, Inc.)", "score": 32.5920600891, "published": true}], "snippet": "In the event that the Borrower or any of its Subsidiaries (i) receives any Net Cash Proceeds arising from any Debt Issuance, Equity Issuance or Asset Sale consummated on or after the Effective Date or (ii) enters into definitive documentation for any Qualifying Term Loan Facility, then the Borrower shall prepay the outstanding 364-Day Tranche Loans (to the extent thereof), (i) in the case of any Debt Issuance, Equity Issuance or Asset Sale, in an amount equal to 100% of such Net Cash Proceeds not later than two Business Days following the receipt by the Borrower or such Subsidiary of such Net Cash Proceeds and (ii) in the case of any Qualifying Term Loan Facility, in an amount equal to the commitments in respect of such Qualifying Term Loan Facility immediately upon effectiveness of the definitive documentation in respect thereof; provided, that any such Net Cash Proceeds with respect to any Asset Sale shall not be required to be applied to the extent such Net Cash Proceeds are reinvested in, or applied to the replacement or repair of assets to be used in, the business of any of the Borrower and its Subsidiaries within 180 calendar days of receipt thereof; provided, further, that if any portion of such Net Cash Proceeds that are subject to the immediately preceding proviso are not so reinvested within such 180 calendar day period, such unused portion shall be applied immediately at the end of such period to the 364-Day Tranche Loans. The Borrower shall promptly (and in any event within two (2) Business Days of receipt) notify the Administrative Agent of the receipt by the Borrower or such Subsidiary of any such Net Cash Proceeds and/or the effectiveness of such definitive documentation, as applicable, and the Administrative Agent will promptly notify each Lender of its receipt of each such notice. All prepayments of Borrowings under this Section 2.12 shall be subject to Section 2.17, but shall otherwise be without premium or penalty, and shall be accompanied by accrued and unpaid interest on the principal amount to be prepaid to but excluding the date of payment.", "snippet_links": [{"key": "in-the-event", "type": "clause", "offset": [0, 12]}, {"key": "net-cash-proceeds", "type": "clause", "offset": [75, 92]}, {"key": "debt-issuance", "type": "definition", "offset": [110, 123]}, {"key": "equity-issuance", "type": "clause", "offset": [125, 140]}, {"key": "asset-sale", "type": "definition", "offset": [144, 154]}, {"key": "after-the-effective-date", "type": "clause", "offset": [173, 197]}, {"key": "definitive-documentation", "type": "definition", "offset": [218, 242]}, {"key": "qualifying-term-loan-facility", "type": "definition", "offset": [251, 280]}, {"key": "the-borrower-shall", "type": "clause", "offset": [287, 305]}, {"key": "to-the-extent", "type": "clause", "offset": [352, 365]}, {"key": "in-the-case", "type": "clause", "offset": [380, 391]}, {"key": "equal-to", "type": "definition", "offset": [458, 466]}, {"key": "following-the", "type": "definition", "offset": [531, 544]}, {"key": "by-the-borrower", "type": "clause", "offset": [553, 568]}, {"key": "subsidiary-of", "type": "definition", "offset": [577, 590]}, {"key": "the-commitments", "type": "clause", "offset": [695, 710]}, {"key": "in-respect-of", "type": "definition", "offset": [711, 724]}, {"key": "effectiveness-of-the", "type": "clause", "offset": [777, 797]}, {"key": "with-respect-to", "type": "clause", "offset": [885, 900]}, {"key": "assets-to-be", "type": "clause", "offset": [1051, 1063]}, {"key": "the-business", "type": "clause", "offset": [1073, 1085]}, {"key": "borrower-and-its-subsidiaries", "type": "definition", "offset": [1100, 1129]}, {"key": "calendar-days", "type": "definition", "offset": [1141, 1154]}, {"key": "subject-to-the", "type": "definition", "offset": [1249, 1263]}, {"key": "day-period", "type": "definition", "offset": [1341, 1351]}, {"key": "unused-portion", "type": "definition", "offset": [1358, 1372]}, {"key": "at-the-end-of", "type": "clause", "offset": [1402, 1415]}, {"key": "business-days-of-receipt", "type": "clause", "offset": [1519, 1543]}, {"key": "notify-the-administrative-agent", "type": "clause", "offset": [1545, 1576]}, {"key": "promptly-notify", "type": "definition", "offset": [1765, 1780]}, {"key": "each-lender", "type": "clause", "offset": [1781, 1792]}, {"key": "receipt-of", "type": "clause", "offset": [1800, 1810]}, {"key": "prepayments-of", "type": "clause", "offset": [1833, 1847]}, {"key": "section-217", "type": "definition", "offset": [1903, 1915]}, {"key": "the-principal-amount", "type": "definition", "offset": [2027, 2047]}, {"key": "but-excluding", "type": "clause", "offset": [2065, 2078]}, {"key": "date-of-payment", "type": "definition", "offset": [2083, 2098]}], "hash": "0ca9d727a9edf71ab55f7f703a4cc1ae", "id": 8}, {"size": 269, "samples": [{"hash": "ixxWWggfBb9", "uri": "/contracts/ixxWWggfBb9#mandatory-prepayments", "label": "Credit Agreement (Auto Disposal of Memphis, Inc.)", "score": 21.0, "published": true}, {"hash": "8PITRS4Vw4R", "uri": "/contracts/8PITRS4Vw4R#mandatory-prepayments", "label": "Credit Agreement (Adesa California, LLC)", "score": 21.0, "published": true}, {"hash": "7dH2e2xAcdT", "uri": "/contracts/7dH2e2xAcdT#mandatory-prepayments", "label": "Credit Agreement (Carbuyco, LLC)", "score": 21.0, "published": true}], "snippet": "(a) If at any time after the Closing Date any Group Member (other than Holdings) receives any Net Cash Proceeds from the Incurrence of any Indebtedness (other than Excluded Indebtedness) or the issuance of any Disqualified Capital Stock, the Borrower shall prepay the Term Loans on the date of such receipt in an amount equal to 100% of such Net Cash Proceeds.\n(b) If at any time after the Closing Date any Group Member receives any Net Cash Proceeds from any Asset Sale or Recovery Event in an amount exceeding $20,000,000 in any fiscal year, then, unless a Reinvestment Notice shall be delivered in respect thereof, the Borrower shall prepay the Term Loans on the third Business Day following the date of such receipt in an amount equal to 100% of such Net Cash Proceeds. If a Reinvestment Notice has been delivered in respect of any Asset Sale or Recovery Event, then on each Reinvestment Prepayment Date relating thereto, the Borrower shall prepay the Term Loans in an amount equal to the Reinvestment Prepayment Amount with respect to the relevant Reinvestment Event.\n(c) If, for any fiscal year of the Borrower commencing with the fiscal year ending on or about December 31, 2008, there is any Excess Cash Flow, the Borrower shall prepay the Term Loans in an amount equal to the ECF Percentage of such Excess Cash Flow on or before the 105th day following the end of such fiscal year.\n(d) If at any time after the Closing Date, any Group Member receives any Specified Securitization Proceeds, (i) the Borrower shall prepay the Term Loans on the third Business Day following the date of such transaction in an amount equal to 50% of the Net Cash Proceeds thereof and (ii) unless a Reinvestment Notice shall be delivered in respect of the remaining 50% of such Net Cash Proceeds, the Borrower shall further prepay the Term Loans on the third Business Day following the date of such transaction in an amount equal to the remaining 50% of such Net Cash Proceeds, and if such a Reinvestment Notice has been delivered, then on each Reinvestment Prepayment Date relating thereto, the Borrower shall prepay the Term Loans in an amount equal to the Reinvestment Prepayment Amount with respect to the relevant Reinvestment Event.\n(e) If at any time after the Closing Date any Group Member enters into any sale-leaseback transaction permitted by Section 8.11, (i) the Borrower shall prepay the Term Loans on the third Business Day following the date of such transaction in an amount equal to 50% of the Net Cash Proceeds thereof and (ii) unless a Reinvestment Notice shall be delivered in respect of the remaining 50% of such Net Cash Proceeds, the Borrower shall further prepay the Term Loans on the third Business Day following the date of such transaction in an amount equal to the remaining 50% of such Net Cash Proceeds, and if such a Reinvestment Notice has been delivered, then on each Reinvestment Prepayment Date relating thereto, the Borrower shall prepay the Term Loans in an amount equal to the Reinvestment Prepayment Amount with respect to the relevant Reinvestment Event.\n(f) If at any time after the Closing Date, the aggregate Revolving Extensions of Credit then outstanding exceed the Revolving Commitments then in effect, the Borrower (without notice or demand) shall immediately prepay outstanding Swingline Loans or Revolving Loans (or, if no Swingline Loans or Revolving Loans are outstanding, Cash Collateralize outstanding Letters of Credit) in an amount sufficient to eliminate any such excess.\n(g) Mandatory prepayments of Term Loans shall be applied first to Base Rate Loans to the full extent thereof and then to Eurodollar Loans and shall be accompanied by accrued interest to the date of such prepayment on the amount prepaid. Each such prepayment shall be credited to prepay in direct order of maturity the unpaid amounts due on the next eight scheduled quarterly installments of the Term Loans and thereafter to the remaining scheduled quarterly installments of the Term Loans on a pro rata basis.", "snippet_links": [{"key": "at-any-time", "type": "clause", "offset": [7, 18]}, {"key": "after-the-closing-date", "type": "clause", "offset": [19, 41]}, {"key": "group-member", "type": "clause", "offset": [46, 58]}, {"key": "net-cash-proceeds", "type": "clause", "offset": [94, 111]}, {"key": "excluded-indebtedness", "type": "definition", "offset": [164, 185]}, {"key": "the-issuance", "type": "clause", "offset": [190, 202]}, {"key": "disqualified-capital-stock", "type": "clause", "offset": [210, 236]}, {"key": "the-borrower-shall", "type": "clause", "offset": [238, 256]}, {"key": "the-term-loans", "type": "clause", "offset": [264, 278]}, {"key": "date-of", "type": "clause", "offset": [286, 293]}, {"key": "equal-to", "type": "definition", "offset": [320, 328]}, {"key": "asset-sale", "type": "definition", "offset": [460, 470]}, {"key": "recovery-event", "type": "clause", "offset": [474, 488]}, {"key": "reinvestment-notice", "type": "definition", "offset": [559, 578]}, {"key": "third-business-day", "type": "clause", "offset": [666, 684]}, {"key": "following-the", "type": "definition", "offset": [685, 698]}, {"key": "in-respect-of", "type": "definition", "offset": [818, 831]}, {"key": "reinvestment-prepayment-date", "type": "definition", "offset": [879, 907]}, {"key": "reinvestment-prepayment-amount", "type": "definition", "offset": [993, 1023]}, {"key": "with-respect-to", "type": "clause", "offset": [1024, 1039]}, {"key": "the-relevant", "type": "clause", "offset": [1040, 1052]}, {"key": "reinvestment-event", "type": "definition", "offset": [1053, 1071]}, {"key": "of-the-borrower", "type": "clause", "offset": [1101, 1116]}, {"key": "commencing-with-the", "type": "clause", "offset": [1117, 1136]}, {"key": "fiscal-year-ending", "type": "definition", "offset": [1137, 1155]}, {"key": "excess-cash-flow", "type": "clause", "offset": [1200, 1216]}, {"key": "ecf-percentage", "type": "definition", "offset": [1285, 1299]}, {"key": "securitization-proceeds", "type": "definition", "offset": [1474, 1497]}, {"key": "the-net", "type": "clause", "offset": [1638, 1645]}, {"key": "leaseback-transaction", "type": "definition", "offset": [2306, 2327]}, {"key": "aggregate-revolving-extensions-of-credit", "type": "definition", "offset": [3129, 3169]}, {"key": "the-revolving-commitments", "type": "clause", "offset": [3194, 3219]}, {"key": "in-effect", "type": "clause", "offset": [3225, 3234]}, {"key": "notice-or-demand", "type": "clause", "offset": [3258, 3274]}, {"key": "loans-or-revolving-loans", "type": "clause", "offset": [3323, 3347]}, {"key": "cash-collateralize", "type": "definition", "offset": [3411, 3429]}, {"key": "outstanding-letters-of-credit", "type": "definition", "offset": [3430, 3459]}, {"key": "loans-shall", "type": "definition", "offset": [3549, 3560]}, {"key": "loans-to", "type": "clause", "offset": [3591, 3599]}, {"key": "eurodollar-loans", "type": "clause", "offset": [3636, 3652]}, {"key": "accrued-interest", "type": "clause", "offset": [3681, 3697]}, {"key": "order-of", "type": "clause", "offset": [3811, 3819]}, {"key": "amounts-due", "type": "clause", "offset": [3840, 3851]}, {"key": "quarterly-installments", "type": "definition", "offset": [3880, 3902]}, {"key": "pro-rata-basis", "type": "clause", "offset": [4009, 4023]}], "hash": "d867c58f593a84ab5abe2177a8998995", "id": 4}, {"size": 193, "samples": [{"hash": "dpmZBfIO7ud", "uri": "/contracts/dpmZBfIO7ud#mandatory-prepayments", "label": "Loan and Security Agreement (Vera Therapeutics, Inc.)", "score": 36.4195747375, "published": true}, {"hash": "iph5exKd6x3", "uri": "/contracts/iph5exKd6x3#mandatory-prepayments", "label": "Loan and Security Agreement (Soleno Therapeutics Inc)", "score": 36.1594810486, "published": true}, {"hash": "gDvXTi6kAm6", "uri": "/contracts/gDvXTi6kAm6#mandatory-prepayments", "label": "Loan and Security Agreement (Inhibrx Biosciences, Inc.)", "score": 36.0335388184, "published": true}], "snippet": "If the Term Loans are accelerated following the occurrence of an Event of Default, Borrower shall immediately pay to Lenders, payable to each Lender in accordance with its respective Pro Rata Share, an amount equal to the sum of: (i) all outstanding principal of the Term Loans plus accrued and unpaid interest thereon through the prepayment date, (ii) the Final Payment, (iii) the Prepayment Fee, plus (iv) all other Obligations that are due and payable, including Lenders\u2019 Expenses and interest at the Default Rate with respect to any past due amounts. Notwithstanding (but without duplication with) the foregoing, on the Maturity Date, if the Final Payment had not previously been paid in full in connection with the prepayment of the Term Loans in full, Borrower shall pay to Collateral Agent, for payment to each Lender in accordance with its respective Pro Rata Share, the Final Payment in respect of the Term Loan(s).", "snippet_links": [{"key": "the-term-loans", "type": "clause", "offset": [3, 17]}, {"key": "following-the", "type": "definition", "offset": [34, 47]}, {"key": "occurrence-of-an-event-of-default", "type": "clause", "offset": [48, 81]}, {"key": "borrower-shall", "type": "clause", "offset": [83, 97]}, {"key": "to-lenders", "type": "definition", "offset": [114, 124]}, {"key": "payable-to", "type": "definition", "offset": [126, 136]}, {"key": "each-lender", "type": "clause", "offset": [137, 148]}, {"key": "in-accordance-with", "type": "clause", "offset": [149, 167]}, {"key": "pro-rata-share", "type": "clause", "offset": [183, 197]}, {"key": "equal-to", "type": "definition", "offset": [209, 217]}, {"key": "sum-of", "type": "clause", "offset": [222, 228]}, {"key": "principal-of", "type": "definition", "offset": [250, 262]}, {"key": "accrued-and-unpaid-interest", "type": "definition", "offset": [283, 310]}, {"key": "prepayment-date", "type": "definition", "offset": [331, 346]}, {"key": "the-final-payment", "type": "clause", "offset": [353, 370]}, {"key": "prepayment-fee", "type": "definition", "offset": [382, 396]}, {"key": "other-obligations", "type": "definition", "offset": [412, 429]}, {"key": "due-and-payable", "type": "clause", "offset": [439, 454]}, {"key": "expenses-and-interest", "type": "clause", "offset": [475, 496]}, {"key": "default-rate", "type": "definition", "offset": [504, 516]}, {"key": "with-respect-to", "type": "clause", "offset": [517, 532]}, {"key": "past-due-amounts", "type": "clause", "offset": [537, 553]}, {"key": "without-duplication", "type": "clause", "offset": [576, 595]}, {"key": "the-foregoing", "type": "definition", "offset": [602, 615]}, {"key": "on-the-maturity-date", "type": "clause", "offset": [617, 637]}, {"key": "paid-in-full", "type": "definition", "offset": [684, 696]}, {"key": "in-connection-with", "type": "clause", "offset": [697, 715]}, {"key": "collateral-agent", "type": "definition", "offset": [780, 796]}, {"key": "payment-to", "type": "clause", "offset": [802, 812]}, {"key": "in-respect-of", "type": "definition", "offset": [893, 906]}], "hash": "8a6ff6537f496ac37e29f2c6bef19bab", "id": 7}, {"size": 430, "samples": [{"hash": "jpqikgA8bvo", "uri": "/contracts/jpqikgA8bvo#mandatory-prepayments", "label": "Credit Agreement (Alliance Laundry Systems LLC)", "score": 21.0, "published": true}, {"hash": "gkEi2lI39yZ", "uri": "/contracts/gkEi2lI39yZ#mandatory-prepayments", "label": "Credit Agreement (Alliance Laundry Systems LLC)", "score": 21.0, "published": true}], "snippet": "(a) Unless the Majority Facility Lenders in respect of the Term Loan Facility shall otherwise agree, (i) if any Indebtedness is incurred after the date hereof by Holdings, the Borrower or any of its Subsidiaries (excluding any Indebtedness incurred in accordance with Section 7.2 as in effect on the date of this Agreement), an amount equal to 100% of the Net Cash Proceeds thereof shall be applied on the date of such incurrence toward the prepayment of the Term Loans as set forth in Section 2.12(d) and Section 2.18(b) and (ii) if any Capital Stock shall be issued after the date hereof by Holdings, the Borrower or any of its Subsidiaries (excluding any issuance of Capital Stock (x) the proceeds of which constitute Designated Equity Amounts or (y) issued as compensation to employees of Holdings, the Company or any of its Subsidiaries or to management of Holdings or any of its Subsidiaries in the ordinary course of business), an amount equal to 50% of the Net Cash Proceeds thereof shall be applied on the date of such incurrence toward the prepayment of the Term Loans as set forth in Section 2.12(d) and Section 2.18(b).\n(b) Unless the Majority Facility Lenders in respect of the Term Loan Facility shall otherwise agree, if on any date Holdings, the Borrower or any of its Subsidiaries shall receive Net Cash Proceeds from any Asset Sale or Recovery Event then, unless a Reinvestment Notice shall be delivered in respect thereof within five Business Days thereafter, 100% of such Net Cash Proceeds shall be applied on such fifth Business Day toward the prepayment of the Term Loans as set forth in Section 2.12(d) and Section 2.18(b); provided, that, notwithstanding the foregoing, (i) the aggregate Net Cash Proceeds of Asset Sales that may be excluded from the foregoing requirement pursuant to a Reinvestment Notice shall not exceed $5,000,000 in any fiscal year of the Borrower, (ii) on each Reinvestment Prepayment Date, an amount equal to the Reinvestment Prepayment Amount with respect to the relevant Reinvestment Event shall be applied toward the prepayment of the Term Loans as set forth in Section 2.12(d) and Section 2.18(b) and (iii) for purposes of this Section 2.12(b), the Net Cash Proceeds of any Asset Sale pursuant to Section 7.5(k) shall be equal to the lesser of (A) the amount of such Net Cash Proceeds and (B) the aggregate amount of Investments made by Holdings, the Borrower or any of their respective Subsidiaries in the relevant Foreign Subsidiary after the Effective Date and, in no event, shall the Net Cash Proceeds of all Asset Sales in respect of the Capital Stock of any Foreign Subsidiary for purposes of this Section 2.12(b) exceed the aggregate amount of Investments made by Holdings, the Borrower and their respective Subsidiaries in such Foreign Subsidiary after the Effective Date.\n(c) Unless the Majority Facility Lenders in respect of the Term Loan Facility shall otherwise agree, if, for any fiscal year of the Borrower commencing with the fiscal year in which the Effective Date occurs, there shall be Excess Cash Flow, the Borrower shall, on the relevant Excess Cash Flow Application Date, apply the ECF Percentage of such Excess Cash Flow toward the prepayment of the Term Loans as set forth in Section 2.12(d) and Section 2.18(b). Each such prepayment and commitment reduction shall be made on a date (an \u201cExcess Cash Flow Application Date\u201d) no later than five Business Days after the earlier of (i) the date on which the financial statements of the Borrower referred to in Section 6.1(a), for the fiscal year with respect to which such prepayment is made, are required to be delivered to the Lenders and (ii) the date such financial statements are actually delivered.\n(d) The application of any prepayment pursuant to this Section shall be made first to Base Rate Loans and second to Eurodollar Loans (in a manner, to the extent practicable and permitted hereunder, which minimizes amounts payable under Section 2.21 as a result of such prepayment). Each prepayment of the Term Loans under this Section shall be accompanied by accrued interest to the date of such prepayment on the amount prepaid.", "snippet_links": [{"key": "majority-facility-lenders", "type": "definition", "offset": [15, 40]}, {"key": "in-respect-of", "type": "definition", "offset": [41, 54]}, {"key": "facility-shall", "type": "clause", "offset": [69, 83]}, {"key": "date-hereof", "type": "clause", "offset": [147, 158]}, {"key": "by-holdings", "type": "clause", "offset": [159, 170]}, {"key": "indebtedness-incurred", "type": "clause", "offset": [227, 248]}, {"key": "in-accordance-with", "type": "clause", "offset": [249, 267]}, {"key": "section-72", "type": "clause", "offset": [268, 279]}, {"key": "effect-on-the", "type": "clause", "offset": [286, 299]}, {"key": "date-of-this-agreement", "type": "definition", "offset": [300, 322]}, {"key": "equal-to", "type": "definition", "offset": [335, 343]}, {"key": "the-net", "type": "clause", "offset": [352, 359]}, {"key": "the-term-loans", "type": "clause", "offset": [455, 469]}, {"key": "stock-shall", "type": "definition", "offset": [546, 557]}, {"key": "issuance-of-capital-stock", "type": "clause", "offset": [658, 683]}, {"key": "designated-equity-amounts", "type": "definition", "offset": [721, 746]}, {"key": "employees-of", "type": "clause", "offset": [780, 792]}, {"key": "the-company", "type": "clause", "offset": [803, 814]}, {"key": "management-of", "type": "clause", "offset": [848, 861]}, {"key": "in-the-ordinary-course-of-business", "type": "definition", "offset": [898, 932]}, {"key": "recovery-event", "type": "clause", "offset": [1353, 1367]}, {"key": "reinvestment-notice", "type": "definition", "offset": [1383, 1402]}, {"key": "business-days-thereafter", "type": "clause", "offset": [1453, 1477]}, {"key": "notwithstanding-the-foregoing", "type": "clause", "offset": [1663, 1692]}, {"key": "net-cash-proceeds-of-asset-sales", "type": "clause", "offset": [1712, 1744]}, {"key": "pursuant-to-a", "type": "clause", "offset": [1797, 1810]}, {"key": "fiscal-year", "type": "clause", "offset": [1866, 1877]}, {"key": "reinvestment-prepayment-date", "type": "definition", "offset": [1908, 1936]}, {"key": "reinvestment-prepayment-amount", "type": "definition", "offset": [1961, 1991]}, {"key": "with-respect-to", "type": "clause", "offset": [1992, 2007]}, {"key": "the-relevant", "type": "clause", "offset": [2008, 2020]}, {"key": "reinvestment-event", "type": "definition", "offset": [2021, 2039]}, {"key": "for-purposes-of-this-section", "type": "clause", "offset": [2159, 2187]}, {"key": "pursuant-to-section", "type": "definition", "offset": [2237, 2256]}, {"key": "lesser-of", "type": "definition", "offset": [2286, 2295]}, {"key": "investments-made-by", "type": "clause", "offset": [2369, 2388]}, {"key": "foreign-subsidiary", "type": "definition", "offset": [2468, 2486]}, {"key": "after-the-effective-date", "type": "clause", "offset": [2487, 2511]}, {"key": "in-no-event", "type": "clause", "offset": [2517, 2528]}, {"key": "the-capital-stock", "type": "clause", "offset": [2591, 2608]}, {"key": "commencing-with-the", "type": "clause", "offset": [2974, 2993]}, {"key": "the-borrower-shall", "type": "clause", "offset": [3075, 3093]}, {"key": "excess-cash-flow-application-date", "type": "definition", "offset": [3111, 3144]}, {"key": "ecf-percentage", "type": "definition", "offset": [3156, 3170]}, {"key": "commitment-reduction", "type": "clause", "offset": [3314, 3334]}, {"key": "days-after", "type": "definition", "offset": [3428, 3438]}, {"key": "financial-statements-of-the-borrower", "type": "clause", "offset": [3480, 3516]}, {"key": "the-lenders", "type": "clause", "offset": [3647, 3658]}, {"key": "actually-delivered", "type": "definition", "offset": [3707, 3725]}, {"key": "application-of", "type": "clause", "offset": [3735, 3749]}, {"key": "base-rate-loans", "type": "clause", "offset": [3813, 3828]}, {"key": "eurodollar-loans", "type": "clause", "offset": [3843, 3859]}, {"key": "to-the-extent-practicable", "type": "definition", "offset": [3874, 3899]}, {"key": "amounts-payable", "type": "definition", "offset": [3941, 3956]}, {"key": "accrued-interest", "type": "clause", "offset": [4086, 4102]}], "hash": "c5c219e50a23697ba5649f85d8af7ca9", "id": 1}, {"size": 388, "samples": [{"hash": "j7AW9tuiVuD", "uri": "/contracts/j7AW9tuiVuD#mandatory-prepayments", "label": "Credit Agreement (TransMontaigne Partners LLC)", "score": 36.5811080933, "published": true}, {"hash": "iqnaxt2ZqRv", "uri": "/contracts/iqnaxt2ZqRv#mandatory-prepayments", "label": "Credit Agreement (TransMontaigne Partners LLC)", "score": 36.1095123291, "published": true}, {"hash": "8gE8Ow7O6W6", "uri": "/contracts/8gE8Ow7O6W6#mandatory-prepayments", "label": "Credit Agreement (TransMontaigne Partners LLC)", "score": 35.2915802002, "published": true}], "snippet": "The Borrower shall make the following mandatory prepayments (without premium or penalty subject, in the case of clause (v) of this Section 2.10(b) (Prepayment of Loans), to Section 2.10(d) (Prepayment of Loans)):\n(i) In the event and on each occasion that the aggregate Revolving Exposures exceed the aggregate Revolving Commitments, the Borrower shall prepay Revolving Borrowings (or, if no such Revolving Borrowings are outstanding, deposit Cash Collateral in the Cash Collateral Account pursuant to Section 2.04(g) (Letters of Credit)), in an aggregate amount necessary to eliminate such excess.\n(ii) Commencing with the first full Fiscal Year ending after the Closing Date, within ten (10) Business Days after the date the financial statements are required to have been delivered pursuant to Section 5.04(a) (Financial Statements and Other Information) for each Fiscal Year (the \u201cECF Date\u201d), the Borrower shall prepay an aggregate principal amount of Tranche B Term Loans (the \u201cECF Payment Amount\u201d) equal to (A) 50% (such percentage, as it may be reduced as described below, the \u201cECF Percentage\u201d) of Excess Cash Flow, if any, for the Fiscal Year covered by such financial statements minus (without duplication and to the extent applicable) (B) the sum of (1) all voluntary prepayments (or any Refinancing Indebtedness thereof) during such Fiscal Year or during the period between the end of such Fiscal Year and the date by which any such prepayment is due (without duplication of any such credit in any prior or subsequent Fiscal Year) pursuant to Section 2.10(a) (Prepayment of Loans) to the extent such prepayments are not funded with the proceeds of Long Term Indebtedness and (2) all repurchases of Tranche B Term Loans (or any Incremental Term Loans, any Incremental Equivalent Indebtedness, any Refinancing Indebtedness thereof or Revolving Facility (and any Incremental Revolving Facility) (to the extent accompanied by a permanent reduction of the corresponding commitments)), during such Fiscal Year pursuant to Section 9.04(g), (h), (i) or (j) (Successors and Assigns) in the amount actually paid in cash in respect thereof; provided that (x) the ECF Percentage shall be 25.0% if the Consolidated First Lien Net Leverage Ratio for the Fiscal Year covered by such financial statements is less than or equal to 4.00 to 1.00 and greater than 3.50 to 1.00, (y) the ECF Percentage shall be 0.0% if the Consolidated First Lien Net Leverage Ratio as of the last day of such Fiscal Year covered by such financial statements is less than or equal to 3.50 to 1.00 and (z) a prepayment of Term Loans pursuant to this Section 2.10(b)(ii) (Prepayment of Loans) in respect of any Fiscal Year shall only be required in the amount (if any) by which the ECF Payment Amount for such Fiscal Year exceeds $10,000,000. The Consolidated First Lien Net Leverage Ratio shall be calculated giving pro forma effect to any repayment or prepayment of Tranche B Term Loans during such Fiscal Year or during the period between the end of such Fiscal Year and the date by which any such prepayment is due (without duplication of any such credit in any prior or subsequent Fiscal Year).\n(iii) No later than the fifth Business Day following the date of receipt by the Borrower or any Restricted Subsidiary of any Net Recovery Proceeds exceeding $10,000,000 individually (whether in one transaction or in a series of transactions) or exceeding in the aggregate $25,000,000 in any calendar year, the Borrower shall apply 100% of such Net Recovery Proceeds to the prepayment of Tranche B Term Loans in accordance with Section 2.09(c) (", "snippet_links": [{"key": "the-borrower-shall", "type": "clause", "offset": [0, 18]}, {"key": "in-the-case", "type": "clause", "offset": [97, 108]}, {"key": "prepayment-of-loans", "type": "clause", "offset": [148, 167]}, {"key": "in-the-event", "type": "clause", "offset": [217, 229]}, {"key": "revolving-exposures", "type": "definition", "offset": [270, 289]}, {"key": "aggregate-revolving-commitments", "type": "clause", "offset": [301, 332]}, {"key": "revolving-borrowings", "type": "clause", "offset": [360, 380]}, {"key": "deposit-cash", "type": "clause", "offset": [435, 447]}, {"key": "the-cash-collateral-account", "type": "clause", "offset": [462, 489]}, {"key": "pursuant-to-section", "type": "definition", "offset": [490, 509]}, {"key": "letters-of-credit", "type": "definition", "offset": [519, 536]}, {"key": "aggregate-amount", "type": "definition", "offset": [546, 562]}, {"key": "commencing-with-the", "type": "clause", "offset": [604, 623]}, {"key": "fiscal-year-ending", "type": "definition", "offset": [635, 653]}, {"key": "after-the-closing-date", "type": "clause", "offset": [654, 676]}, {"key": "days-after", "type": "definition", "offset": [703, 713]}, {"key": "the-financial-statements", "type": "definition", "offset": [723, 747]}, {"key": "financial-statements-and-other-information", "type": "clause", "offset": [813, 855]}, {"key": "ecf-date", "type": "definition", "offset": [884, 892]}, {"key": "aggregate-principal-amount", "type": "definition", "offset": [925, 951]}, {"key": "ecf-payment-amount", "type": "definition", "offset": [982, 1000]}, {"key": "equal-to", "type": "definition", "offset": [1003, 1011]}, {"key": "ecf-percentage", "type": "definition", "offset": [1084, 1098]}, {"key": "excess-cash-flow", "type": "clause", "offset": [1104, 1120]}, {"key": "covered-by", "type": "definition", "offset": [1150, 1160]}, {"key": "without-duplication", "type": "clause", "offset": [1194, 1213]}, {"key": "to-the-extent", "type": "clause", "offset": [1218, 1231]}, {"key": "sum-of", "type": "clause", "offset": [1252, 1258]}, {"key": "voluntary-prepayments", "type": "clause", "offset": [1267, 1288]}, {"key": "refinancing-indebtedness", "type": "definition", "offset": [1297, 1321]}, {"key": "during-the-period", "type": "clause", "offset": [1358, 1375]}, {"key": "subsequent-fiscal-year", "type": "definition", "offset": [1517, 1539]}, {"key": "term-indebtedness", "type": "definition", "offset": [1663, 1680]}, {"key": "any-incremental-term-loans", "type": "clause", "offset": [1733, 1759]}, {"key": "incremental-equivalent-indebtedness", "type": "definition", "offset": [1765, 1800]}, {"key": "incremental-revolving-facility", "type": "definition", "offset": [1870, 1900]}, {"key": "reduction-of", "type": "clause", "offset": [1944, 1956]}, {"key": "successors-and-assigns", "type": "clause", "offset": [2060, 2082]}, {"key": "actually-paid", "type": "definition", "offset": [2098, 2111]}, {"key": "provided-that", "type": "definition", "offset": [2140, 2153]}, {"key": "consolidated-first-lien-net-leverage-ratio", "type": "clause", "offset": [2199, 2241]}, {"key": "or-equal", "type": "definition", "offset": [2312, 2320]}, {"key": "day-of", "type": "clause", "offset": [2470, 2476]}, {"key": "prepayment-of-term-loans", "type": "clause", "offset": [2579, 2603]}, {"key": "in-respect-of", "type": "definition", "offset": [2663, 2676]}, {"key": "pro-forma-effect", "type": "definition", "offset": [2887, 2903]}, {"key": "prepayment-of-tranche-b-term-loans", "type": "clause", "offset": [2924, 2958]}, {"key": "by-the-borrower", "type": "clause", "offset": [3243, 3258]}, {"key": "subsidiary-of", "type": "definition", "offset": [3277, 3290]}, {"key": "net-recovery-proceeds", "type": "definition", "offset": [3295, 3316]}, {"key": "one-transaction", "type": "clause", "offset": [3364, 3379]}, {"key": "in-the-aggregate", "type": "definition", "offset": [3425, 3441]}, {"key": "calendar-year", "type": "definition", "offset": [3461, 3474]}, {"key": "in-accordance-with", "type": "clause", "offset": [3578, 3596]}], "hash": "c6a35d8418880cb0ab789b939f733b48", "id": 3}, {"size": 167, "samples": [{"hash": "jk5pJmm6Nb8", "uri": "/contracts/jk5pJmm6Nb8#mandatory-prepayments", "label": "Secured Note Agreement (General Motors Co)", "score": 21.873374939, "published": true}, {"hash": "7AaISsXD0fG", "uri": "/contracts/7AaISsXD0fG#mandatory-prepayments", "label": "Secured Note Agreement (General Motors Co)", "score": 21.0, "published": true}], "snippet": "(a) Unless the Approving Party shall otherwise agree (and, if the Approving Party is the Treasury, the Treasury concurrently agrees under the UST Facility), if any Additional First Lien Indebtedness or Permitted Unsecured Indebtedness is incurred by any Group Member (other than an Excluded Subsidiary), then promptly upon such incurrence (and in any case not more than twenty Business Days thereafter), the Notes shall be prepaid by an amount equal to the Applicable Net Cash Proceeds of such incurrence, as set forth in Section 2.5(d). If any amount in respect of Attributable Obligations under a Sale/Leaseback Transaction is required to be applied as a prepayment of the Notes pursuant to clause (n) of the definition of \u201cPermitted Indebtedness,\u201d then promptly upon the occurrence of such Sale/Leaseback Transaction (and in any case not more than twenty Business Days thereafter), the Notes shall be prepaid by an amount equal to the Applicable Net Cash Proceeds of such Sale/Leaseback Transaction, as set forth in Section 2.5(d). With respect to any such Indebtedness incurred by an applicable Non-U.S. Subsidiary, the aggregate amount of the Applicable Net Cash Proceeds thereof required to be applied pursuant to Section 2.5(d) to the prepayment of the Notes shall be subject to reduction to the extent that expatriation of such Applicable Net Cash Proceeds (i) would result in material adverse tax or legal consequences (including, without limitation, violation of Contractual Obligations), (ii) would be reasonably likely to result in adverse personal liability of any director of any applicable Group Member, or (iii) would result in the insolvency of the applicable Non-U.S.", "snippet_links": [{"key": "approving-party", "type": "definition", "offset": [15, 30]}, {"key": "ust-facility", "type": "definition", "offset": [142, 154]}, {"key": "additional-first-lien-indebtedness", "type": "definition", "offset": [164, 198]}, {"key": "permitted-unsecured-indebtedness", "type": "definition", "offset": [202, 234]}, {"key": "group-member", "type": "clause", "offset": [254, 266]}, {"key": "excluded-subsidiary", "type": "definition", "offset": [282, 301]}, {"key": "business-days-thereafter", "type": "clause", "offset": [377, 401]}, {"key": "equal-to", "type": "definition", "offset": [444, 452]}, {"key": "applicable-net-cash-proceeds", "type": "definition", "offset": [457, 485]}, {"key": "in-respect-of", "type": "definition", "offset": [552, 565]}, {"key": "attributable-obligations", "type": "definition", "offset": [566, 590]}, {"key": "leaseback-transaction", "type": "definition", "offset": [604, 625]}, {"key": "prepayment-of-the-notes", "type": "clause", "offset": [657, 680]}, {"key": "pursuant-to-clause", "type": "clause", "offset": [681, 699]}, {"key": "the-definition-of", "type": "definition", "offset": [707, 724]}, {"key": "permitted-indebtedness", "type": "definition", "offset": [726, 748]}, {"key": "promptly-upon-the", "type": "clause", "offset": [756, 773]}, {"key": "with-respect-to", "type": "clause", "offset": [1035, 1050]}, {"key": "indebtedness-incurred", "type": "clause", "offset": [1060, 1081]}, {"key": "aggregate-amount", "type": "definition", "offset": [1124, 1140]}, {"key": "pursuant-to-section", "type": "definition", "offset": [1208, 1227]}, {"key": "subject-to", "type": "clause", "offset": [1275, 1285]}, {"key": "to-the-extent", "type": "clause", "offset": [1296, 1309]}, {"key": "adverse-tax", "type": "clause", "offset": [1394, 1405]}, {"key": "legal-consequences", "type": "clause", "offset": [1409, 1427]}, {"key": "without-limitation", "type": "clause", "offset": [1440, 1458]}, {"key": "contractual-obligations", "type": "clause", "offset": [1473, 1496]}, {"key": "reasonably-likely", "type": "definition", "offset": [1513, 1530]}, {"key": "liability-of", "type": "clause", "offset": [1561, 1573]}, {"key": "director-of", "type": "clause", "offset": [1578, 1589]}, {"key": "applicable-group", "type": "definition", "offset": [1594, 1610]}], "hash": "a4c4f6eee64264e96de4e60a36f5e8ff", "id": 10}, {"size": 217, "samples": [{"hash": "hPE3j8BLy46", "uri": "/contracts/hPE3j8BLy46#mandatory-prepayments", "label": "Third Amendment to Sixth Amended and Restated Credit Agreement and Guaranty (Trinity Biotech PLC)", "score": 37.3258056641, "published": true}, {"hash": "dzBiViz0LPy", "uri": "/contracts/dzBiViz0LPy#mandatory-prepayments", "label": "Credit Agreement (Trinity Biotech PLC)", "score": 36.9753608704, "published": true}, {"hash": "eG7co94daS", "uri": "/contracts/eG7co94daS#mandatory-prepayments", "label": "Credit Agreement (Trinity Biotech PLC)", "score": 36.8083496094, "published": true}], "snippet": "The Borrowers shall prepay the Term Loans in amounts as provided below, it being agreed that the relevant payment date shall be deemed to be the \u201cRedemption Date\u201d for purposes of such calculation), as follows:\n(i) In the event of any Casualty Event, an amount, inclusive of any Prepayment Premium, any accrued but unpaid interest (including interest on the amount of the principal being prepaid) and fees then due and owing, equal to 100% of the Net Cash Proceeds received by any Obligor or any of its Subsidiaries with respect thereto; provided, however, so long as no Default or Event of Default has occurred and is continuing, within one hundred eighty (180) days after receipt of such Net Cash Proceeds, the Obligors may apply the Net Cash Proceeds of any casualty policy up to, but not exceeding $4,000,000 for all losses in the aggregate during the term of this Agreement toward the replacement or repair of destroyed or damaged property; provided, further, that any such replaced or repaired property shall be Collateral in which the Administrative Agent for the benefit of the Lenders has been granted a security interest under the Security Documents.\n(ii) In the event any Obligor or any of its Subsidiaries incurs Indebtedness other than Indebtedness that is permitted by Section 9.01 hereof, an amount, inclusive of any Prepayment Premium, any accrued but unpaid interest (including interest on the amount of the principal being prepaid) and fees then due and owing, equal to 100% of the Net Cash Proceeds thereof received by such Person. For the avoidance of doubt, any prepayment made pursuant to this Section 3.03(b)(ii) shall not be deemed to be a consent to any such incurrence of Indebtedness or a cure or waiver of any Event of Default which occurs in connection therewith, it being understood that any such Event of Default may only be waived with the express consent of the Majority Lenders.\n(iii) In the event any Obligor or any of its Subsidiaries consummates an Asset Sale other than an Asset Sale that is permitted by Section 9.09 hereof (other than Section 9.09(j)), an amount, inclusive of any Prepayment Premium, any accrued but unpaid interest (including interest on the amount of the principal being prepaid) and fees then due and owing, equal to 100% of the Net Cash Proceeds received by such Obligor in connection with such Asset Sale. For the avoidance of doubt, any prepayment made pursuant to this Section 3.03(b)(iii) shall not be deemed to be a consent to any Asset Sale or a cure or waiver of any Event of Default which occurs in connection therewith, it being understood that any such Event of Default may only be waived with the express consent of the Majority Lenders.\n(iv) In the event any Obligor or any of its Subsidiaries consummates an Asset Sale pursuant to Section 9.09(l), an amount (not subject to any Prepayment Premium) equal to 75% of the Net Partnership Agreement Proceeds received by such Obligor in connection with such Asset Sale.", "snippet_links": [{"key": "the-borrowers", "type": "definition", "offset": [0, 13]}, {"key": "the-term-loans", "type": "clause", "offset": [27, 41]}, {"key": "agreed-that", "type": "clause", "offset": [81, 92]}, {"key": "relevant-payment-date", "type": "definition", "offset": [97, 118]}, {"key": "redemption-date", "type": "clause", "offset": [146, 161]}, {"key": "for-purposes-of", "type": "clause", "offset": [163, 178]}, {"key": "in-the-event-of", "type": "definition", "offset": [214, 229]}, {"key": "casualty-event", "type": "definition", "offset": [234, 248]}, {"key": "inclusive-of", "type": "clause", "offset": [261, 273]}, {"key": "prepayment-premium", "type": "definition", "offset": [278, 296]}, {"key": "accrued-but-unpaid-interest", "type": "definition", "offset": [302, 329]}, {"key": "interest-on-the", "type": "clause", "offset": [341, 356]}, {"key": "the-principal", "type": "definition", "offset": [367, 380]}, {"key": "due-and-owing", "type": "definition", "offset": [410, 423]}, {"key": "equal-to", "type": "definition", "offset": [425, 433]}, {"key": "net-cash-proceeds", "type": "clause", "offset": [446, 463]}, {"key": "received-by", "type": "definition", "offset": [464, 475]}, {"key": "no-default-or-event-of-default", "type": "clause", "offset": [567, 597]}, {"key": "after-receipt-of", "type": "clause", "offset": [667, 683]}, {"key": "the-obligors", "type": "clause", "offset": [708, 720]}, {"key": "casualty-policy", "type": "clause", "offset": [760, 775]}, {"key": "in-the-aggregate", "type": "definition", "offset": [827, 843]}, {"key": "during-the-term-of-this-agreement", "type": "clause", "offset": [844, 877]}, {"key": "repair-of", "type": "clause", "offset": [904, 913]}, {"key": "damaged-property", "type": "definition", "offset": [927, 943]}, {"key": "the-administrative-agent", "type": "clause", "offset": [1037, 1061]}, {"key": "benefit-of-the-lenders", "type": "clause", "offset": [1070, 1092]}, {"key": "security-interest", "type": "clause", "offset": [1112, 1129]}, {"key": "the-security-documents", "type": "clause", "offset": [1136, 1158]}, {"key": "for-the-avoidance-of-doubt", "type": "clause", "offset": [1550, 1576]}, {"key": "made-pursuant-to", "type": "clause", "offset": [1593, 1609]}, {"key": "consent-to", "type": "clause", "offset": [1663, 1673]}, {"key": "incurrence-of-indebtedness", "type": "definition", "offset": [1683, 1709]}, {"key": "waiver-of", "type": "clause", "offset": [1723, 1732]}, {"key": "the-majority-lenders", "type": "clause", "offset": [1890, 1910]}, {"key": "asset-sale", "type": "definition", "offset": [1985, 1995]}, {"key": "in-connection-with", "type": "clause", "offset": [2331, 2349]}, {"key": "pursuant-to-section", "type": "definition", "offset": [2792, 2811]}, {"key": "subject-to", "type": "clause", "offset": [2836, 2846]}, {"key": "net-partnership-agreement-proceeds", "type": "definition", "offset": [2891, 2925]}], "hash": "1d537ffb369067768ddd3209497a9183", "id": 6}, {"size": 175, "samples": [{"hash": "ius04JLxrIK", "uri": "/contracts/ius04JLxrIK#mandatory-prepayments", "label": "Credit Agreement (Dave & Buster's Entertainment, Inc.)", "score": 22.6454486847, "published": true}, {"hash": "kOAg6sAVOsV", "uri": "/contracts/kOAg6sAVOsV#mandatory-prepayments", "label": "Credit Agreement (Dave & Buster's Entertainment, Inc.)", "score": 22.5331954956, "published": true}, {"hash": "f053djURJvw", "uri": "/contracts/f053djURJvw#mandatory-prepayments", "label": "Credit Agreement (Sugarloaf Gwinnett Entertainment Company, L.P.)", "score": 21.6078033447, "published": true}], "snippet": "(a) If any Indebtedness shall be issued or incurred by any Group Member (excluding any Indebtedness incurred in accordance with Section 7.2, other than paragraph (g) thereof), an amount equal to 100% of the Net Cash Proceeds thereof shall be applied on the date of such issuance or incurrence toward the prepayment of the Term Loans as set forth in Section 2.11(d).\n(b) If on any date any Group Member shall receive Net Cash Proceeds from any Asset Sale or Recovery Event then, unless a Reinvestment Notice shall be delivered in respect thereof, such Net Cash Proceeds shall be applied within three (3) Business Days of such date toward the prepayment of the Term Loans as set forth in Section 2.11(d); provided, that, notwithstanding the foregoing, (i) the aggregate Net Cash Proceeds of Asset Sales and Recovery Events that may be excluded from the foregoing requirement pursuant to a Reinvestment Notice shall not exceed $5,000,000 in any Fiscal Year of the Borrower and (ii) on each Reinvestment Prepayment Date, an amount equal to the Reinvestment Prepayment Amount with respect to the relevant Reinvestment Event shall be applied toward the prepayment of the Term Loans as set forth in Section 2.11(d).\n(c) If, for any Fiscal Year of the Borrower commencing with the Fiscal Year ending January 29, 2012 there shall be Excess Cash Flow, the Borrower shall, on the relevant Excess Cash Flow Application Date (as defined below), apply an amount (the \u201cECF Application Amount\u201d) equal to (i)(A) such Excess Cash Flow multiplied by (B) the relevant ECF Percentage minus (ii) the aggregate amount of all prepayments of Revolving Loans, Canadian Revolving Loans, Additional Revolving Loans and Swingline Loans during such Fiscal Year (or during the current Fiscal Year but prior to the relevant Excess Cash Flow Application Date, in which case such amount shall not be deducted in any subsequent calculation of Excess Cash Flow) to the extent accompanying permanent optional reductions of the Revolving Commitments, or the Canadian Revolving Commitments, as the case may be, and all optional prepayments of the Term Loans during such Fiscal Year (or during the current Fiscal Year but prior to the relevant Excess Cash Flow Application Date, in which case such amount shall not be deducted in any subsequent calculation of Excess Cash Flow), toward the prepayment of the Term Loans as set forth in Section 2.11(d). Each such prepayment shall be made on a date (an \u201cExcess Cash Flow Application Date\u201d) no later than five days after the earlier of (i) the date on which the financial statements of the Borrower referred to in Section 6.1(a), for the Fiscal Year with respect to which such prepayment is made, are required to be delivered to the Lenders and (ii) the date such financial statements are actually delivered.\n(d) Amounts to be applied in connection with prepayments made pursuant to Section 2.11 shall be applied to the prepayment of the Term Loans in accordance with Section 2.17(b). The application of any prepayment pursuant to Section 2.11 shall be made, first, to ABR Loans and, second, to Eurodollar Loans. 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