Common use of Issuance of Debt Clause in Contracts

Issuance of Debt. On the date of receipt by Borrower or any of its Subsidiaries of any cash proceeds from incurrence of any Indebtedness of Borrower or any of its Subsidiaries (other than with respect to any Indebtedness permitted to be incurred pursuant to Section 6.01), Borrower shall prepay the Loans as set forth in Section 2.30(b) in an aggregate amount equal to 100% of such proceeds, net of underwriting discounts and commissions and other reasonable costs and expenses associated therewith, including reasonable legal fees and expenses.

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Paramount Acquisition Corp), Credit and Guaranty Agreement (Paramount Acquisition Corp)

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Issuance of Debt. On the date of receipt by Borrower or any of its Restricted Subsidiaries of any cash Cash proceeds from the incurrence of any Indebtedness of Borrower or any of its Restricted Subsidiaries (other than with respect to any Indebtedness permitted to be incurred pursuant to Section 6.01), Borrower shall prepay the Term Loans as set forth in Section 2.30(b) in an aggregate amount equal to 100% of such proceeds, net of underwriting discounts and commissions and other reasonable costs and expenses associated therewith, including reasonable legal fees and expenses.

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Digitalglobe, Inc.), Credit and Guaranty Agreement (Digitalglobe Inc)

Issuance of Debt. On the date of receipt by Borrower or any of its Subsidiaries of any cash Cash proceeds from the incurrence of any Indebtedness of Borrower or any of its Subsidiaries (other than with respect to any Indebtedness permitted to be incurred pursuant to Section 6.016.1), Borrower shall prepay the Loans as set forth in Section 2.30(b2.12(a) in an aggregate amount equal to 100% of such proceeds, net of underwriting discounts and commissions and other reasonable costs and expenses associated therewith, including reasonable legal fees and expenses.

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Hamilton Lane INC), Credit and Guaranty Agreement (Hamilton Lane INC)

Issuance of Debt. On the date of receipt by Borrower or any of its Subsidiaries of any cash Cash proceeds from the incurrence of any Indebtedness of Borrower or any of its Subsidiaries (other than with respect to any Indebtedness permitted to be incurred pursuant to Section 6.016.1), Borrower shall prepay the Loans as set forth in Section 2.30(b2.16(b) in an aggregate amount equal to 100% of such proceeds, net of underwriting discounts and commissions and other reasonable costs and expenses associated therewith, including reasonable legal fees and expenses.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Movie Gallery Inc)

Issuance of Debt. On the date of receipt by the Borrower or any of its Subsidiaries of any cash Cash proceeds from the incurrence of any Indebtedness of the Borrower or any of its Subsidiaries (other than with respect to any Indebtedness permitted to be incurred pursuant to Section 6.017.03), the Borrower shall prepay the Loans as set forth in Section 2.30(b) in an aggregate amount equal to 100% of such proceeds, net of underwriting discounts and commissions and other reasonable costs and expenses associated therewith, including reasonable legal fees and expenses.

Appears in 1 contract

Samples: Second Lien Credit Agreement (Memc Electronic Materials Inc)

Issuance of Debt. On the date of receipt by the Borrower or any of its Subsidiaries of any cash Cash proceeds from the incurrence of any Indebtedness of the Borrower or any of its Subsidiaries (other than with respect to any Indebtedness permitted to be incurred pursuant to Section 6.016.1), Borrower shall prepay the Loans as set forth in Section 2.30(b) in an aggregate amount equal to 100[***]% of such proceeds, net of underwriting discounts and commissions and other reasonable costs and expenses associated therewith, in each case, paid to non-Affiliates, including reasonable legal fees and expenses.

Appears in 1 contract

Samples: Financing Agreement (BridgeBio Pharma, Inc.)

Issuance of Debt. On the date of receipt by Borrower or any of its Subsidiaries of any cash Cash proceeds from the incurrence of any Indebtedness of Borrower or any of its Subsidiaries (other than with respect to any Indebtedness permitted to be incurred pursuant to Section 6.016.1), Borrower shall prepay the Term Loans as set forth in Section 2.30(b2.15(b) in an aggregate amount equal to 100% of such proceeds, net of underwriting discounts and commissions and other reasonable costs and expenses associated therewith, including reasonable legal fees and expenses.

Appears in 1 contract

Samples: Intercreditor Agreement (Alion Science & Technology Corp)

Issuance of Debt. On the date of receipt by Borrower or any of its Subsidiaries of any cash Cash proceeds from the incurrence of any Indebtedness of Borrower or any of its Subsidiaries (other than with respect to any Indebtedness permitted to be incurred pursuant to Section 6.016.1), Borrower shall prepay the Term Loans as set forth in Section 2.30(b2.16(c) in an aggregate amount equal to 100% of such proceeds, net of underwriting discounts and commissions and other reasonable costs and expenses associated therewith, including reasonable legal fees and expenses.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Alion Science & Technology Corp)

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Issuance of Debt. On the date of receipt by Borrower or any of its Subsidiaries of any cash Cash proceeds from the incurrence of any Indebtedness of Borrower or any of its Subsidiaries (other than with respect to any Indebtedness permitted to be incurred pursuant to Section 6.016.1), Borrower shall prepay the Loans as set forth in Section 2.30(b2.14(b) in an aggregate amount equal to 100% of such proceeds, net of underwriting discounts and commissions and other reasonable costs and expenses associated therewith, including reasonable legal fees and expenses.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Movie Gallery Inc)

Issuance of Debt. On the date of receipt by Borrower or any of its Subsidiaries of any cash Cash proceeds from the incurrence of any Indebtedness of Borrower or any of its Subsidiaries (other than with respect to any Indebtedness permitted to be incurred pursuant to Section 6.016.1), Borrower Company shall prepay the Loans as set forth in Section 2.30(b) in an aggregate amount equal to 100% [***] of such proceeds, net of underwriting discounts and commissions and other reasonable costs and expenses associated therewith, in each case, paid to non-Affiliates, including reasonable legal fees and expenses.

Appears in 1 contract

Samples: Financing Agreement (Blueprint Medicines Corp)

Issuance of Debt. On the date of receipt by Borrower or any of its Subsidiaries of any cash Cash proceeds from the incurrence of any Indebtedness of Borrower or any of its Subsidiaries (other than with respect to any Indebtedness permitted to be incurred pursuant to Section 6.016.1), Borrower shall prepay the Term Loans as set forth in Section 2.30(b) 2.10 in an aggregate amount equal to 100% of such proceeds, net of underwriting discounts and commissions and other reasonable costs and expenses associated therewith, including reasonable legal fees and expenses.

Appears in 1 contract

Samples: Loan Agreement (Ener1 Inc)

Issuance of Debt. On the date of receipt by Borrower or any of its Restricted Subsidiaries of any cash Cash proceeds from the incurrence of any Indebtedness of Borrower or any of its Restricted Subsidiaries (other than with 67 respect to any Indebtedness permitted to be incurred pursuant to Section 6.01), Borrower shall prepay the Term Loans as set forth in Section 2.30(b) in an aggregate amount equal to 100% of such proceeds, net of underwriting discounts and commissions and other reasonable costs and expenses associated therewith, including reasonable legal fees and expenses.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Digitalglobe, Inc.)

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