Common use of Asset Dispositions Clause in Contracts

Asset Dispositions. Immediately upon the occurrence of any Asset Disposition Prepayment Event, the Borrower shall prepay the Loans in an aggregate amount equal to 100% of the Net Cash Proceeds of the related Asset Disposition not applied (or caused to be applied) by the Credit Parties during the related Application Period to make Eligible Reinvestments as contemplated by the terms of Section 8.5(g) (such prepayment to be applied as set forth in clause (vi) below).

Appears in 3 contracts

Samples: Credit Agreement (Amn Healthcare Services Inc), Credit Agreement (Amn Healthcare Services Inc), Credit Agreement (American Medical Systems Holdings Inc)

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Asset Dispositions. Immediately upon the occurrence of any Asset Disposition Prepayment Event, the Borrower shall prepay the Loans in an aggregate amount equal to 100% of the Net Cash Proceeds of the related Asset Disposition not applied (or caused to be applied) by the Credit Consolidated Parties during the related Application Period to make the purchase, acquisition or construction of Eligible Reinvestments Assets as contemplated by the terms of Section 8.5(g8.5(f) (such prepayment to be applied as set forth in clause (viiv) below).

Appears in 2 contracts

Samples: Credit Agreement (Glenayre Technologies Inc), Credit Agreement (Glenayre Technologies Inc)

Asset Dispositions. Immediately upon the occurrence of any Asset Disposition Prepayment Event, the Borrower shall prepay the Loans in an aggregate amount equal to 100% of the Net Cash Proceeds of the related Asset Disposition not applied (or caused to be applied) by the Credit Parties during the related Application Period to make Eligible Reinvestments as contemplated by the terms of Section 8.5(g) (such prepayment to be applied as set forth in clause (viiii) below).

Appears in 2 contracts

Samples: Credit Agreement (Amn Healthcare Services Inc), Credit Agreement (Amn Healthcare Services Inc)

Asset Dispositions. Immediately upon Promptly following the occurrence of any Asset Disposition Prepayment Event, the Borrower shall prepay the Loans in an aggregate amount equal to 100% of the Net Cash Proceeds of the related Asset Disposition not applied (or caused to be applied) by the Credit Parties during the related Application Period to make Eligible Reinvestments as contemplated by the terms of Section 8.5(g8.5(f) (such prepayment to be applied as set forth in clause (vivii) below).

Appears in 2 contracts

Samples: Credit Agreement (Jw Childs Equity Partners Ii Lp), Credit Agreement (Signal Medical Services)

Asset Dispositions. Immediately upon the occurrence of any Asset Disposition Prepayment Event, the Borrower shall prepay the Loans in an aggregate amount equal to 100% of the Net Cash Proceeds of the related Asset Disposition not applied (or caused to be applied) by the Credit Parties during the related Application Period to make Eligible Reinvestments as contemplated by the terms of Section 8.5(g8.5(f) (such prepayment to be applied as set forth in clause (viv) below).

Appears in 2 contracts

Samples: Credit Agreement (Apria Healthcare Group Inc), Credit Agreement (Apria Healthcare Group Inc)

Asset Dispositions. Immediately Promptly upon the occurrence of any Asset Disposition Prepayment Event, the Borrower shall prepay the Loans in an aggregate amount equal to 100% of the Net Cash Proceeds of the related Asset Disposition not applied (or caused to be applied) by the Credit Parties during the related Application Period to make Eligible Reinvestments as contemplated by the terms of Section 8.5(g) (such prepayment to be applied as set forth in clause (viv) below).

Appears in 2 contracts

Samples: Credit Agreement (Amn Healthcare Services Inc), Credit Agreement (Amn Healthcare Services Inc)

Asset Dispositions. Immediately Promptly upon the occurrence of any Asset Disposition Prepayment Event, the Borrower shall prepay the Term Loans in an aggregate amount equal to 100% of the Net Cash Proceeds of the related Asset Disposition not applied (or caused to be applied) by the Credit Parties during the related Application Period to make Eligible Reinvestments as contemplated by the terms of Section 8.5(g8.5(e) (such prepayment to be applied as set forth in clause (viv) below).

Appears in 2 contracts

Samples: Credit Agreement (Amn Healthcare Services Inc), Credit Agreement (Amn Healthcare Services Inc)

Asset Dispositions. Immediately Promptly upon the occurrence of any Asset Disposition Prepayment Event, the Borrower shall prepay the Loans in an aggregate amount equal to 100% of the Net Cash Proceeds of the related Asset Disposition not applied (or caused to be applied) by the Credit Parties during the related Application Period to make Eligible Reinvestments as contemplated by the terms of Section 8.5(g) 9.5 (such prepayment to be applied as set forth in clause subsection (vie) below).

Appears in 1 contract

Samples: Credit Agreement (Caraustar Industries Inc)

Asset Dispositions. Immediately upon the occurrence of any Asset Disposition Prepayment Event, the Borrower shall prepay the Loans in an aggregate amount equal to 100% of the Net Cash Proceeds of the related Asset Disposition not applied (or caused to be applied) by the Credit Parties during the related Application Period to make the purchase, acquisition or construction of Eligible Reinvestments Assets as contemplated by the terms of Section 8.5(g8.5(e) (such prepayment to be applied as set forth in clause (viiii) below).

Appears in 1 contract

Samples: Credit Agreement (Simcala Inc)

Asset Dispositions. Immediately upon the occurrence of any Asset Disposition Prepayment Event, the Borrower shall prepay the Loans in an aggregate amount equal to 100% of the Net Cash Proceeds of the related Asset Disposition not applied (or caused to be applied) by the Credit Consolidated Parties during the related Application Period to make the purchase, acquisition or construction of Eligible Reinvestments Assets as contemplated by the terms of Section 8.5(g8.5(e) (such prepayment to be applied as set forth in clause (vivii) below).. (iv)

Appears in 1 contract

Samples: Credit Agreement (Insight Health Services Corp)

Asset Dispositions. Immediately upon the occurrence of any Asset Disposition Prepayment Event, Event the Borrower Borrowers shall prepay the Loans in an aggregate amount equal to 10075% of the Net Cash Proceeds of the related Asset Disposition not applied (or caused to be applied) by the Credit Parties Borrowers during the related Application Period to make Eligible Reinvestments as contemplated by the terms of Section 8.5(g7.05(g) (such prepayment to be applied as set forth in clause (viv) below).

Appears in 1 contract

Samples: Credit Agreement (Longview Fibre Co)

Asset Dispositions. Immediately upon the occurrence of any Asset Disposition Prepayment Event, the Borrower shall prepay the Loans in an aggregate amount equal to 100% of the Net Cash Proceeds of the related Asset Disposition not applied (or caused to be applied) by the Credit Parties during the related Application Period to make Eligible Reinvestments as contemplated by the terms of Section 8.5(g) 8.5 (such prepayment prepayments to be applied as set forth in clause (vivii) below).

Appears in 1 contract

Samples: Credit Agreement (Healthtronics Surgical Services Inc)

Asset Dispositions. Immediately upon the occurrence of any Asset Disposition Prepayment Event, the Borrower shall prepay the Loans in an aggregate amount equal to 100% of the Net Cash Proceeds of the related such Asset Disposition not applied (or caused to be applied) by the Credit Parties during the related Application Period to make Eligible Reinvestments as contemplated by the terms of Section 8.5(g) (in each case, such prepayment to be applied as set forth in clause (vi) below).

Appears in 1 contract

Samples: Credit Agreement (Birds Eye Foods, Inc.)

Asset Dispositions. Immediately upon the occurrence of any Asset Disposition Prepayment Event, Event the Borrower shall prepay the Loans in an aggregate amount equal to 100% of the Net Cash Proceeds of the related Asset Disposition not applied (or caused to be applied) by the Credit Parties Borrower during the related Application Period to make Eligible Reinvestments as contemplated by the terms of Section 8.5(g7.5(g) (such prepayment to be applied as set forth in clause (viv) below).

Appears in 1 contract

Samples: Credit Agreement (Longview Fibre Co)

Asset Dispositions. Immediately upon the occurrence of any Asset Disposition Prepayment Event, the Borrower shall prepay the Loans in an aggregate amount equal to 100% of the Net Cash Proceeds of the related Asset Disposition not applied (or caused to be applied) by the Credit Parties during the related Application Period to make Eligible Reinvestments as contemplated by within the terms of Section 8.5(g) Application Period (such prepayment to be applied as set forth in clause (viv) below).

Appears in 1 contract

Samples: Credit Agreement and Waiver (Condor Systems Inc)

Asset Dispositions. Immediately upon the occurrence of any Asset Disposition Prepayment Event, Event the Borrower Borrowers shall prepay the Loans in an aggregate amount equal to 10050% of the Net Cash Proceeds of the related Asset Disposition not applied (or caused to be applied) by the Credit Parties Borrowers during the related Application Period to make Eligible Reinvestments as contemplated by the terms of Section 8.5(g7.05(g) (such prepayment to be applied as set forth in clause (viv) below).

Appears in 1 contract

Samples: Credit Agreement (Longview Fibre Co)

Asset Dispositions. Immediately upon the occurrence of any Asset Disposition Prepayment Event, the Borrower shall prepay the Loans in an aggregate amount equal to 100% of the Net Cash Proceeds of the related Asset Disposition not applied (or caused to be applied) by the Credit Consolidated Parties during the related Application Period to make the purchase, acquisition or construction of Eligible Reinvestments Assets as contemplated by the terms of Section 8.5(g) 8.5 (such prepayment to be applied as set forth in clause (viv) below).

Appears in 1 contract

Samples: Credit Agreement (Delta Woodside Industries Inc /Sc/)

Asset Dispositions. Immediately upon the occurrence of any Asset Disposition Prepayment Event, the Borrower shall prepay the Loans in an aggregate amount equal to 100% of the Net Cash Proceeds of the related Asset Disposition not applied (or caused to be applied) by the Credit Consolidated Parties during the related Application Period to make the purchase, acquisition or construction of Eligible Reinvestments Assets as contemplated by the terms of Section 8.5(g8.5(e) (such prepayment to be applied as set forth in clause (vivii) below).

Appears in 1 contract

Samples: Credit Agreement (Insight Health Services Corp)

Asset Dispositions. Immediately upon the occurrence of any Asset Disposition Prepayment Event, the Borrower shall prepay the Loans in an aggregate amount equal to 100% of the Net Cash Proceeds of the related Asset Disposition not applied (or caused to be applied) by the Credit Parties during the related Application Period to make Eligible Reinvestments as contemplated by the terms of Section 8.5(g) (such prepayment to be applied as set forth in clause (viv) below).

Appears in 1 contract

Samples: Credit Agreement (Amn Healthcare Services Inc)

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Asset Dispositions. Immediately upon the occurrence of any Asset Disposition Prepayment Event, the Borrower shall prepay the Loans in an aggregate amount equal to 100% of the Net Cash Proceeds of the related Asset Disposition not applied (or caused to be applied) by the Credit Parties during the related Application Period to make Eligible Reinvestments as contemplated by the terms of Section 8.5(g) (such prepayment to be applied as set forth in clause (vivii) below).

Appears in 1 contract

Samples: Credit Agreement (Amn Healthcare Services Inc)

Asset Dispositions. Immediately upon the occurrence of any Asset Disposition Prepayment Event, Event the Borrower shall prepay the Loans in an aggregate amount equal to 100% of the Net Cash Proceeds of the related Asset Disposition not applied (or caused to be applied) by the Credit Parties Borrower during the related Application Period to make Eligible Reinvestments as contemplated by the terms of Section 8.5(g7.05(g) (such prepayment to be applied as set forth in clause (viv) below).

Appears in 1 contract

Samples: Credit Agreement (Longview Fibre Co)

Asset Dispositions. Immediately upon the occurrence of any Asset Disposition Prepayment Event, the applicable Borrower shall prepay the Loans in an aggregate amount equal to 100% of the Net Cash Proceeds of the related Asset Disposition not applied (or caused to be applied) by the Credit Parties during the related Application Period to make Eligible Reinvestments as contemplated by the terms of Section 8.5(g8.4(b)(v) (such prepayment to be applied as set forth in clause (viv) below).

Appears in 1 contract

Samples: Credit Agreement (Airgas Inc)

Asset Dispositions. Immediately upon the occurrence of any Asset Disposition Prepayment Event, the Borrower shall prepay the Loans in an aggregate amount equal to 100% of the Net Cash Proceeds of the related Asset Disposition not applied (or caused to be applied) by the Credit Parties during the related Application Period to make Eligible Reinvestments as contemplated by the terms of Section 8.5(g8.5(f) (such prepayment to be applied as set forth in clause (vi) below).

Appears in 1 contract

Samples: Loan Agreement (Aaipharma Inc)

Asset Dispositions. Immediately upon the ------------------ occurrence of any Asset Disposition Prepayment Event, the Borrower shall prepay the Loans in an aggregate amount equal to 100% of the Net Cash Proceeds of the related Asset Disposition not applied (or caused to be applied) by the Credit Consolidated Parties during the related Application Period to make the purchase, acquisition or construction of Eligible Reinvestments Assets as contemplated by the terms of Section 8.5(g) 8.5 (such prepayment to be applied as set forth in clause (viv) below).

Appears in 1 contract

Samples: Credit Agreement (Engineered Support Systems Inc)

Asset Dispositions. Immediately upon the occurrence of any Asset Disposition Prepayment Event, the Borrower shall prepay the Loans in an aggregate amount equal to 100% of the Net Cash Proceeds of the related Asset Disposition not applied (or caused to be applied) by the Credit Parties during the related Application Period to make the purchase, acquisition or construction by the Consolidated Parties of Eligible Reinvestments Assets as contemplated by the terms of Section 8.5(g8.5(e) (such prepayment to be applied as set forth in clause (viv) below).

Appears in 1 contract

Samples: Credit Agreement (Extendicare Health Services Inc)

Asset Dispositions. Immediately upon the occurrence of any Asset Disposition Prepayment Event, the Borrower shall prepay the Loans in an aggregate amount equal to 100% of the Net Cash Proceeds of the related Asset Disposition not applied (or caused to be applied) by the Credit Parties during the related Application Period to make Eligible Reinvestments as contemplated by the terms of Section 8.5(g8.5(e) (such prepayment to be applied as set forth in clause (vi) below).

Appears in 1 contract

Samples: Credit Agreement (Cluett Peabody & Co Inc /De)

Asset Dispositions. Immediately upon the occurrence of any Asset Disposition Prepayment Event, the Borrower shall prepay the Revolving Loans in an aggregate amount equal to 100% of the Net Cash Proceeds of the related Asset Disposition not applied (or caused to be applied) by the Credit Consolidated Parties during the related Application Period to make the purchase, acquisition or construction of Eligible Reinvestments Assets as contemplated by the terms of Section 8.5(g) 8.5 (such prepayment to be applied as set forth in clause (viv) below).

Appears in 1 contract

Samples: Credit Agreement (Delta Woodside Industries Inc /Sc/)

Asset Dispositions. Immediately upon the ------------------ occurrence of any Asset Disposition Prepayment Event, the Borrower shall prepay the Loans in an aggregate amount equal to 100% of the Net Cash Proceeds of the related Asset Disposition not applied (or caused to be applied) by the Credit Parties during the related Application Period to make Eligible Reinvestments as contemplated by the terms of Section 8.5(g8.5(e) (such prepayment to be applied as set forth in clause (viSection 3.3(c) below).

Appears in 1 contract

Samples: Security Agreement (Packaging Dynamics Corp)

Asset Dispositions. Immediately upon the occurrence of ------------------ any Asset Disposition Prepayment Event, Event the Borrower shall prepay the Loans in an aggregate amount equal to 100% of the Net Cash Proceeds of the related Asset Disposition not applied (or caused to be applied) by the Credit Parties during the related Application Period to make Eligible Reinvestments as contemplated by the terms of Section 8.5(g) (such prepayment to be applied as set forth in clause (viv) below).

Appears in 1 contract

Samples: Credit Agreement (Potlatch Corp)

Asset Dispositions. Immediately Promptly upon the occurrence of any Asset Disposition Prepayment Event, the Borrower shall prepay the Loans in an aggregate amount equal to 100% of the Net Cash Proceeds of the related Asset Disposition not applied (or caused to be applied) by the Credit Parties during the related Application Period to make Eligible Reinvestments as contemplated by the terms of Section 8.5(g) (such prepayment to be applied as set forth in clause (vi) below).

Appears in 1 contract

Samples: Credit Agreement (Amn Healthcare Services Inc)

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