Common use of Subsequent Notice Clause in Contracts

Subsequent Notice. Upon any offer to prepay the Term Loans on a date described in clause (d) of the definition of Asset Sale Prepayment Date, the Borrower shall provide a certificate of a Financial Officer setting forth calculations (in form and detail reasonably satisfactory to the Administrative Agent) of, and certifying as to the Borrower’s intended application of, the amount of any Excess Net Cash Payments received during the quarterly fiscal period ending on the date of the financial statements required to be delivered on or prior to such date.

Appears in 2 contracts

Samples: Term Loan Agreement (Lbi Media Holdings Inc), Term Loan Agreement (Lbi Media Inc)

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Subsequent Notice. Upon any offer to prepay prepayment of the Term Loans on a date described in clause (d) of the definition of Asset Sale Prepayment Date, the Borrower shall provide a certificate of a Financial Officer setting forth calculations (in form and detail reasonably satisfactory to the Administrative Agent) of, and certifying as to the Borrower’s intended application of, the amount of any Excess Net Cash Payments received during the quarterly fiscal period ending on the date of the financial statements required to be delivered on or prior to such date.

Appears in 2 contracts

Samples: Credit Agreement (Lbi Media Holdings Inc), Credit Agreement (Lbi Media Holdings Inc)

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