Common use of Term Loan Prepayments Clause in Contracts

Term Loan Prepayments. (i) Subject to Section 5.2(g), and 5.2(a)(iii), on each occasion that a Prepayment Event occurs, the Parent Borrower shall, within three Business Days after its receipt of the Net Cash Proceeds of a Debt Incurrence Prepayment Event and within seven Business Days after the occurrence of any Prepayment Event other than a Debt Incurrence Prepayment Event (or, in the case of Deferred Net Cash Proceeds, within seven Business Days after the Deferred Net Cash Proceeds Payment Date), prepay, in accordance with clause (c) below, Term Loans in a principal amount equal to 100% of the Net Cash Proceeds from such Prepayment Event.

Term Loan Prepayments. (i) Subject to Section 5.2(g), and 5.2(a)(iii), on On each occasion that a Prepayment Event occurs, the Parent Borrower shall, within three Business Days after its receipt of the Net Cash Proceeds of (other than a Debt Incurrence Prepayment Event and or Special Debt Incurrence Prepayment Event) occurs, the Borrower shall, within seven ten Business Days after the occurrence receipt of any Prepayment Event other than a Debt Incurrence Net Cash Proceeds of such Prepayment Event (or, in the case of Deferred Net Cash Proceeds, within seven three Business Days after the Deferred Net Cash Proceeds Payment Date), prepayprepay (or cause to be prepaid) (subject to Section 11.12 when applicable), in accordance with clause clauses (c) and (d) below, Term Loans in a principal amount equal to 100% of the Net Cash Proceeds from such Prepayment Event.

Term Loan Prepayments. (i) Subject to Section 5.2(g), and 5.2(a)(iii), on each occasion that a Prepayment Event occurs, the Parent Borrower shall, within three Business Days after its receipt of the Net Cash Proceeds of a Debt Incurrence Prepayment Event and within seven Business Days after the occurrence of any Prepayment Event other than a Debt Incurrence Prepayment Event (or, in the case of Deferred Net Cash Proceeds, within seven Business Days after the Deferred Net Cash Proceeds Payment Date), prepay, in accordance with clause (c) below, Term Loans in a principal amount equal to 100% of the Net Cash Proceeds from such Prepayment Event.