Common use of Specified Contribution Clause in Contracts

Specified Contribution. Subject to Section 2.4(f)(ii), concurrently with receipt by Borrower of a Specified Contribution, Borrower shall prepay the outstanding principal amount of the Term Loan in accordance with Section 2.4(f)(i) in an amount equal to 100% of such Specified Contribution.

Appears in 3 contracts

Samples: Credit Agreement (Nuverra Environmental Solutions, Inc.), Credit Agreement (Nuverra Environmental Solutions, Inc.), Term Loan Credit Agreement (Nuverra Environmental Solutions, Inc.)

AutoNDA by SimpleDocs

Specified Contribution. Subject to Section 2.4(f)(ii), concurrently Concurrently with receipt by Borrower of a Specified Contribution, Borrower shall prepay the outstanding principal amount of the Term Loan LoanLoans in accordance with Section 2.4(f)(i2.4(f)(ii) in an amount equal to 100% of such Specified Contribution.

Appears in 1 contract

Samples: Credit Agreement (Nuverra Environmental Solutions, Inc.)

Specified Contribution. Subject to Section 2.4(f)(ii), concurrently Concurrently with receipt by Borrower of a Specified Contribution, Borrower shall prepay the outstanding principal amount of the Term Loan Loans in accordance with Section 2.4(f)(i2.4(f)(ii) in an amount equal to 100% of such Specified Contribution.

Appears in 1 contract

Samples: Credit Agreement (Nuverra Environmental Solutions, Inc.)

AutoNDA by SimpleDocs

Specified Contribution. Subject to Section 2.4(f)(ii), concurrently Concurrently with receipt by Borrower of a Specified Contribution, Borrower shall prepay the outstanding principal amount of the Term Loan in accordance with Section 2.4(f)(i2.4(f)(ii) in an amount equal to 100% of such Specified Contribution.

Appears in 1 contract

Samples: First Lien Credit Agreement (Nuverra Environmental Solutions, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.