Common use of Mandatory Prepayments and Commitment Reductions Clause in Contracts

Mandatory Prepayments and Commitment Reductions. (a) If any Indebtedness shall be incurred by any Group Member (excluding any Indebtedness permitted in accordance with Section 7.2), an amount equal to 100% of the Net Cash Proceeds thereof shall be applied on the date of such incurrence toward the prepayment of the Term Loans as set forth in Section 2.11(d); provided that prepayments pursuant to this Section 2.11(a) shall be accompanied by any fees payable with respect thereto pursuant to Section 2.10(b).

Mandatory Prepayments and Commitment Reductions. (a) If any Indebtedness shall be incurred by the Borrower or any Group Member of the other Loan Parties (excluding any Indebtedness permitted in accordance by Section 7.2 (other than with Section 7.2respect to subsection (i) thereof)), an amount equal to 100% of the Net Cash Proceeds thereof shall be applied on the date within one Business Day of receipt by such Person of such incurrence Net Cash Proceeds toward the prepayment of the Term Loans as set forth Obligations in accordance with Section 2.11(d); provided that prepayments pursuant to this Section 2.11(a) shall be accompanied by any fees payable with respect thereto pursuant to Section 2.10(b2.12(g).

Mandatory Prepayments and Commitment Reductions. (a) If any Indebtedness shall be incurred by any Group Member (excluding other than any Indebtedness permitted to be incurred by any such Person in accordance with Section 7.2), concurrently with, and as a condition to closing of such transaction, an amount equal to 100% of the Net Cash Proceeds thereof shall be applied on the date of such issuance or incurrence toward the prepayment of the Term Loans as set forth in Section 2.11(d); provided that prepayments pursuant to clause (g) of this Section 2.11(a) shall be accompanied by any fees payable with respect thereto pursuant to Section 2.10(b)2.11.

Mandatory Prepayments and Commitment Reductions. (a) If any Indebtedness shall be incurred by any Group Member (excluding any Indebtedness permitted in accordance with Section 7.2other than Excluded Indebtedness), an amount equal to 100% of the Net Cash Proceeds thereof shall be applied on the date of such issuance, incurrence or contribution toward the prepayment of the Term Loans and the reduction of the Revolving Commitments as set forth in Section 2.11(d); provided that prepayments pursuant to this Section 2.11(a) shall be accompanied by any fees payable with respect thereto pursuant to Section 2.10(b4.2(d).

Mandatory Prepayments and Commitment Reductions. (a) If any Indebtedness shall be incurred by any Group Member (excluding any Indebtedness permitted incurred in accordance with Section 7.26.02), an amount equal to 100% of the Net Cash Proceeds thereof shall be applied on the date of such issuance or incurrence toward the prepayment of the Term Loans Loan as set forth in Section 2.11(d); provided that prepayments pursuant to this Section 2.11(a) shall be accompanied by any fees payable with respect thereto pursuant to Section 2.10(b2.05(d).

Mandatory Prepayments and Commitment Reductions. (a) If any Indebtedness shall be incurred by any Group Member (excluding other than any Indebtedness permitted to be incurred by any such Person in accordance with Section 7.2), concurrently with, and as a condition to closing of such transaction, an amount equal to 100% of the Net Cash Proceeds thereof shall be applied on the date of such issuance or incurrence toward the prepayment of the Term Loans as set forth in Section 2.11(d); provided that prepayments pursuant to clause (g) of this Section 2.11(a) shall be accompanied by any fees payable with respect thereto pursuant to Section 2.10(b)2.11.

Mandatory Prepayments and Commitment Reductions. (a) If any Indebtedness shall be incurred by the Borrower or any Group Member of the other Loan Parties (excluding any Indebtedness permitted incurred in accordance with Section 7.27.2 (other than with respect to subsection (i) thereof)), an amount equal to 100% of the Net Cash Proceeds thereof shall be applied on the date of such incurrence toward the prepayment of the Term Loans and the reduction of the Revolving Credit Commitments as set forth in Section 2.11(d); provided that prepayments pursuant to this Section 2.11(a) shall be accompanied by any fees payable with respect thereto pursuant to Section 2.10(b2.12(g).

Mandatory Prepayments and Commitment Reductions. (a) If any Indebtedness shall be issued or incurred by any Group Member Loan Party (excluding any Indebtedness permitted incurred in accordance with Section 7.2), an amount equal to 100% of the Net Cash Proceeds thereof shall be applied on the date of such issuance or incurrence toward the prepayment of the Term Loans and the reduction of the Revolving Commitments as set forth in Section 2.11(d); provided that prepayments pursuant to this Section 2.11(a) shall be accompanied by any fees payable with respect thereto pursuant to Section 2.10(b2.9(d).

Mandatory Prepayments and Commitment Reductions. (a) If any ----------------------------------------------- Indebtedness shall be incurred by Holdings, the Borrower or any Group Member of their respective Subsidiaries (excluding any Indebtedness permitted incurred in accordance with Section 7.2), an amount equal to 100% of the Net Cash Proceeds thereof shall be applied on the date of such incurrence toward the prepayment reduction of the Term Loans as set forth in Section 2.11(d); provided that prepayments pursuant to this Section 2.11(a) shall be accompanied by any fees payable with respect thereto pursuant to Section 2.10(b)Commitments.

Mandatory Prepayments and Commitment Reductions. (a) If any Indebtedness shall be issued or incurred by any Group Member Loan Parties (excluding any Indebtedness permitted incurred in accordance with Section 7.26.1), an amount equal to 100% of the Net Cash Proceeds thereof shall be applied on the date of such issuance or incurrence toward to the prepayment of the Term Loans as set forth in Section 2.11(d); provided that prepayments pursuant to this Section 2.11(a) shall be accompanied by any fees payable with respect thereto pursuant to Section 2.10(b2.6(d).

Mandatory Prepayments and Commitment Reductions. (a) If any Indebtedness shall be incurred by any Group Member (excluding any Indebtedness permitted in accordance with Section 7.2other than Permitted Indebtedness), an amount equal to 100% of the Net Cash Proceeds thereof shall be applied on the date of such issuance or no later than the third Business Day following such incurrence toward the prepayment of the Term Loans and the reduction of the Revolving Commitments as set forth in Section 2.11(d); provided that prepayments pursuant to this Section 2.11(a) shall be accompanied by any fees payable with respect thereto pursuant to Section 2.10(b4.2(f).

Mandatory Prepayments and Commitment Reductions. (a) If any Indebtedness shall be issued or incurred by any Group Member (excluding any Indebtedness permitted incurred in accordance with Section 7.2), an amount equal to 100% of the Net Cash Proceeds thereof shall be applied on the date of such issuance or incurrence toward the prepayment of the Term Loans as set forth in Section 2.11(d); provided that prepayments pursuant to this Section 2.11(a) shall be accompanied by any fees payable with respect thereto pursuant to Section 2.10(b).

Mandatory Prepayments and Commitment Reductions. (a) If any Indebtedness shall be incurred by any Group Member (excluding other than any Indebtedness permitted to be incurred by any such Person in accordance with Section 7.2), concurrently with, and as a condition to closing of such transaction, an amount equal to 100% of the Net Cash Proceeds thereof shall be applied on the date of such issuance or incurrence toward the prepayment of the Term Loans as set forth in Section 2.11(d); provided that prepayments pursuant to clause (g) of this Section 2.11(a) shall be accompanied by any fees payable with respect thereto pursuant to Section 2.10(b).2.11. 100

Mandatory Prepayments and Commitment Reductions. (a) If any Indebtedness shall be incurred Incurred by any Group Member (excluding other than any Indebtedness permitted to be Incurred by any such Person in accordance with Section 7.2), an amount equal to 100% of the Net Cash Proceeds thereof within one (1) Business Day after the receipt of such proceeds, shall be applied on the date of such incurrence issuance or Incurrence toward the prepayment of the Term Loans as set forth in Section 2.11(d); provided that prepayments pursuant to clause (g) of this Section 2.11(a) shall be accompanied by any fees payable with respect thereto pursuant to Section 2.10(b)2.11.

Mandatory Prepayments and Commitment Reductions. (a) If any Indebtedness shall be issued or incurred by any Group Member (excluding any Indebtedness permitted in accordance with Section 7.2other than Excluded Indebtedness), an amount equal to 100% of the Net Cash Proceeds thereof shall be applied on the date of such issuance or incurrence toward the prepayment of the Term Loans and the reduction of the Revolving Commitments as set forth in Section 2.11(d); provided that prepayments pursuant to this Section 2.11(a) shall be accompanied by any fees payable with respect thereto pursuant to Section 2.10(b4.2(d).

Mandatory Prepayments and Commitment Reductions. (a) If any Indebtedness shall be issued or incurred by any Group Member (excluding any Indebtedness permitted in accordance with Section 7.2)other than Excluded Indebtedness, an amount equal to 100% of the Net Cash Proceeds thereof shall be applied on the date of such incurrence toward the prepayment of the Term Loans as set forth and to the reduction of the Revolving Commitments (in the case of any reduction of the Revolving Commitments, by an amount equal to 100% of such Net Cash Proceeds not otherwise applied to prepay the Term Loans), in accordance with Section 2.11(d); provided that prepayments pursuant to this Section 2.11(a) shall be accompanied by any fees payable with respect thereto pursuant to Section 2.10(b4.2(c).

Mandatory Prepayments and Commitment Reductions. (a) If any Indebtedness shall be issued or incurred by any Group Member (excluding any Indebtedness permitted issued or incurred in accordance with Section 7.26.2), an amount equal to 100% of the Net Cash Proceeds thereof shall be applied on the date of such issuance or incurrence toward the prepayment of the Term Loans as set forth in Section 2.11(d); provided that prepayments pursuant to this Section 2.11(a) shall be accompanied by any fees payable with respect thereto pursuant to Section 2.10(b2.5(d).

Mandatory Prepayments and Commitment Reductions. (a) If any Indebtedness shall be incurred Incurred by any Group Member (excluding other than any Indebtedness permitted to be Incurred by any such Person in accordance with Section 7.2), an amount equal to 100% of the Net Cash Proceeds thereof within one (1) Business Day after the receipt of such proceeds, 84 shall be applied on the date of such incurrence issuance or Incurrence toward the prepayment of the Term Loans as set forth in Section 2.11(d); provided that prepayments pursuant to clause (g) of this Section 2.11(a) shall be accompanied by any fees payable with respect thereto pursuant to Section 2.10(b)2.11.

Mandatory Prepayments and Commitment Reductions. (a) If any Indebtedness shall be issued or incurred by any Group Member Loan Party (excluding any Indebtedness permitted incurred in accordance with Section 7.25.1), an amount equal to 100% of the Net Cash Proceeds thereof shall be applied on the date of such issuance or incurrence toward the prepayment of the Term Loans and then to the reduction of the Revolving Commitments as set forth in Section 2.11(d); provided that prepayments pursuant to this Section 2.11(a) shall be accompanied by any fees payable with respect thereto pursuant to Section 2.10(b2.11(c).

Mandatory Prepayments and Commitment Reductions. (a) If Unless the Required Lenders shall otherwise agree, if any Indebtedness shall be incurred issued or Incurred by the Borrower or any Group Member of its Subsidiaries (excluding any Indebtedness permitted Incurred in accordance with Section 7.2), an amount equal to 100% of the Net Cash Proceeds thereof shall be applied on the date of such incurrence issuance or Incurrence toward the prepayment reduction of the Term Loans Revolving Commitments as set forth in Section 2.11(d); provided that prepayments pursuant to this Section 2.11(a) shall be accompanied by any fees payable with respect thereto pursuant to Section 2.10(b2.8(c).

Mandatory Prepayments and Commitment Reductions. (a) If Unless the Required Lenders shall otherwise agree, if any Indebtedness shall be incurred Incurred by the Borrower or any Group Member of its Subsidiaries (excluding any Indebtedness permitted Incurred in accordance with Section 7.2), an amount equal to 100% of the Net Cash Proceeds thereof shall be applied on the date of such incurrence Incurrence toward the prepayment reduction of the Term Loans Revolving Commitments as set forth in Section 2.11(d); provided that prepayments pursuant to this Section 2.11(a) shall be accompanied by any fees payable with respect thereto pursuant to Section 2.10(b2.8(c).

Mandatory Prepayments and Commitment Reductions. (a) If any Indebtedness shall be incurred by the Borrower or any Group Member of its Subsidiaries (excluding any Indebtedness permitted incurred in accordance with Section 7.2, other than paragraph (s) thereof), an amount equal to 100% of the Net Cash Proceeds thereof shall be applied on within one Business Day of the date of such issuance or incurrence toward the prepayment of the Term Loans and the reduction of the Revolving Commitments as set forth in Section 2.11(d); provided that prepayments pursuant to this Section 2.11(a) shall be accompanied by any fees payable with respect thereto pursuant to Section 2.10(b).

Mandatory Prepayments and Commitment Reductions. (a) If any Indebtedness shall be incurred by the Borrower or any Group Member of its Subsidiaries (excluding any Indebtedness permitted incurred in accordance with Section 7.2), an amount equal to 100% of the Net Cash Proceeds thereof shall be applied on the date of such incurrence toward the prepayment of the Term Loans and the reduction of the Tranche A Term Commitments and the Revolving Commitments as set forth in Section 2.11(d); provided that prepayments pursuant to this Section 2.11(a) shall be accompanied by any fees payable with respect thereto pursuant to Section 2.10(b2.9(d).

Mandatory Prepayments and Commitment Reductions. (a) If any Indebtedness shall be issued or incurred by any Group Member Loan Party (excluding any Indebtedness permitted incurred in accordance with Section 7.26.2), an amount equal to 100% of the Net Cash Proceeds thereof shall be applied on the date of such issuance or incurrence toward the prepayment of the Term Loans and the reduction of the Revolving Commitments as set forth in Section 2.11(d); provided that prepayments pursuant to this Section 2.11(a) shall be accompanied by any fees payable with respect thereto pursuant to Section 2.10(b2.9(d).

Mandatory Prepayments and Commitment Reductions. (a) If i)If any Indebtedness shall be incurred by any Group Member (excluding other than any Indebtedness permitted to be incurred by any such Person in accordance with Section 7.2), concurrently with, and as a condition to closing of such transaction, an amount equal to 100% of the Net Cash Proceeds thereof shall be applied on the date of such issuance or incurrence toward the prepayment of the Term Loans as set forth in Section 2.11(d); provided that prepayments pursuant to clause (g) of this Section 2.11(a) shall be accompanied by any fees payable with respect thereto pursuant to Section 2.10(b)2.11.