Net Debt Securities Proceeds definition

Net Debt Securities Proceeds has the meaning assigned to that term in subsection 2.4B(iii)(d).

Net Debt Securities Proceeds means, with respect to any issuance of Debt Securities, the aggregate cash proceeds received by the Borrower pursuant to such issuance, net of the direct costs relating to such issuance (including sales and underwriters’ commissions).

Net Debt Securities Proceeds mean Cash proceeds net of underwriting discounts, fees and commissions and other reasonable costs and expenses associated therewith, including reasonable legal fees and expenses, from the issuance of Indebtedness of Company or any of its Subsidiaries after the Closing Date (other than the proceeds of Indebtedness permitted pursuant to subsection 7.1).

Examples of Net Debt Securities Proceeds in a sentence

• Concurrently with any prepayment of the Loans pursuant to subsections 2.4B(iii)(a)-(e), Borrower shall deliver to Administrative Agent an Officer’s Certificate demonstrating the calculation of the amount of the applicable Net Asset Sale Proceeds, Net Insurance/Condemnation Proceeds, Net Equity Securities Proceeds, Net Debt Securities Proceeds or Excess Cash Flow, as the case may be, that gave rise to such prepayment and/or reduction.

• Concurrently with any prepayment of the Loans and/or reduction of the Revolving Loan Commitments pursuant to subsections 2.4B(ii)(a)-(f), Domestic Borrowers shall deliver to Administrative Agent an Officer’s Certificate demonstrating the calculation of the amount of the applicable Net Asset Sale Proceeds, Consolidated Excess Cash Flow, Net Insurance/Condemnation Proceeds, Net Equity Securities Proceeds or Net Debt Securities Proceeds, as the case may be, that gave rise to such prepayment and/or reduction.

• On the date of receipt by any Credit Party of cash proceeds (net of underwriting discounts and commissions and other reasonable costs associated therewith), from one or more issuances of any debt Securities of such Credit Party (excluding issuances permitted by subsections 7.1 and all Obligations) (“Net Debt Securities Proceeds”), Borrower shall prepay the Loans by 100% of such Net Debt Securities Proceeds.

• Concurrently with any prepayment of the Loans and/or reduction of the Revolving Loan Commitments pursuant to subsections 2.4B(ii)(a)-(f), Domestic Borrowers shall deliver to Administrative Agent an Officer's Certificate demonstrating the calculation of the amount of the applicable Net Asset Sale Proceeds, Consolidated Excess Cash Flow, Net Insurance/Condemnation Proceeds, Net Equity Securities Proceeds or Net Debt Securities Proceeds, as the case may be, that gave rise to such prepayment and/or reduction.

• Subject to subsection 2.4(B)(iii)(f), on the date of receipt by any Obligor of cash proceeds (net of underwriting discounts and commissions and other reasonable costs associated therewith), from one or more issuances of any debt Securities of such Obligor (excluding issuances permitted by subsections 7.1 and all Obligations) (“Net Debt Securities Proceeds”), Borrower shall prepay the Term Loans by 100% of such Net Debt Securities Proceeds.

More Definitions of Net Debt Securities Proceeds

Net Debt Securities Proceeds has the meaning assigned to that term in subsection 2.4B(iii)(c).

Net Debt Securities Proceeds means the Cash proceeds (net of underwriting discounts and commissions, premiums on any Indebtedness (other than Loans) to be redeemed with such proceeds as permitted under this Agreement and other reasonable costs and expenses associated therewith, including reasonable legal fees and expenses) from the incurrence of Indebtedness by Holdings, Company or any of its Subsidiaries (other than Indebtedness permitted by subsection 6.1 (except subsections 6.1(vii), 6.1(viii) 6.1(ix), and 6.1(xiv)).

Net Debt Securities Proceeds has the meaning assigned to that term in subsection 2.4B(iii)(c). "NET EQUITY SECURITIES PROCEEDS" has the meaning assigned to that term in subsection 2.4B(iii)(d). "NET INSURANCE/CONDEMNATION PROCEEDS" means any Cash payments or proceeds received by Company or any of its Subsidiaries and not payable to any third party (other than Administrative Agent as loss payee) pursuant to any Contractual Obligation (i) under any business interruption or Casualty Insurance policy in respect of a covered loss thereunder or (ii) as a result of the taking of any assets of Company or any of its Subsidiaries by any Person pursuant to the power of eminent domain, condemnation or otherwise, or pursuant to a sale of any such assets to a purchaser with such power under threat of such a taking, in each case net of any actual and reasonable documented costs incurred by Company or any of its Subsidiaries in connection with the adjustment or settlement of any claims of Company or such Subsidiary in respect thereof. "NET PROCEEDS AMOUNT" has the meaning assigned to that term in subsection 2.4B(iii)(f). "NEW SENIOR SUBORDINATED NOTE INDENTURE" means that certain Indenture dated as of October 23, 2001 among Company, the guarantors party thereto and Goldman Sachs & Co., as Initial Purchaser, pursuant to which the Senxxx Xxxordinated Notes are issued, as such Senior Subordinated Note Indenture may be amended from time to time to the extent permitted under subsection 7.13B. "NEW SENIOR SUBORDINATED NOTES" means the $200,000,000 in aggregate principal amount of 10.75% Senior Subordinated Notes Due 2011 of Company issued pursuant to the Senior Subordinated Note Indenture and any exchange notes issued in replacement therefor. "NEW TRANCHE B TERM LOAN COMMITMENTS" has the meaning assigned to that term in subsection 2.1(A)(ii). "NEW TRANCHE B TERM LOAN LENDER" has the meaning assigned to that term in subsection 2.1(A)(ii)(B). "NEW TRANCHE B TERM LOANS" has the meaning assigned to that term in subsection 2.1(A)(ii)(A). "NON-US LENDER" has the meaning assigned to that term in subsection 2.7B(iii).

Net Debt Securities Proceeds means, with respect to any issuance of Debt Securities, the aggregate cash proceeds received by the

Net Debt Securities Proceeds has the meaning assigned to that term in subsection 2.4B(iii)(d). "NET EQUITY SECURITIES PROCEEDS" has the meaning assigned to that term in subsection 2.4B(iii)(c). "NET INSURANCE/CONDEMNATION PROCEEDS" means any Cash payments or proceeds received by Parent or any of its Subsidiaries (i) under any business interruption or casualty insurance policy in respect of a covered loss thereunder or (ii) as a result of the taking of any assets of Parent or any of its Subsidiaries by any Person pursuant to the power of eminent domain, condemnation or otherwise, or pursuant to a sale of any such assets to a purchaser with such power under threat of such a taking, in each case net of any actual and reasonable documented costs incurred by Parent or any of its Subsidiaries in connection with the adjustment or settlement of any claims of Parent or such Subsidiary in respect thereof and any proceeds or awards required to be paid to a creditor (other than Lenders) which holds a first-priority Lien permitted under the Loan Documents on the property which is the subject of such casualty or condemnation event described above.

Net Debt Securities Proceeds means the Cash proceeds (net of underwriting discounts and commissions, premiums on any Indebtedness (other than Loans) to be redeemed with such proceeds as permitted under this Agreement and other reasonable costs and expenses associated therewith, including reasonable legal fees and expenses) from the incurrence of Indebtedness by Holdings, Company or any of its Domestic Subsidiaries (other than Indebtedness permitted by subsection 6.1 (except subsections 6.1(vii), 6.1(viii), 6.1(ix) and 6.1(xiv)).

Net Debt Securities Proceeds means the Cash proceeds (net of underwriting discounts and commissions, premiums on any Indebtedness (other than Loans) to be redeemed with such proceeds as permitted under this Agreement and other reasonable costs and expenses associated therewith, including reasonable legal fees and expenses) from the incurrence of Indebtedness by Holdings, Company or any of its Subsidiaries (other than Indebtedness permitted by subsection 6.1 (except subsections 6.1(vii), 6.1(viii), 6.1(ix), 6.1(xiv) and, at any time there are Tranche D Term Loan Commitments or Tranche D Term Loans outstanding, except for Applicable Foreign Subsidiary Capital Markets Debt)).