Document ID: 12405

Text:
(b) Disposition of Assets. Promptly upon the receipt by any Loan Party or Subsidiary thereof of Net Cash Proceeds from any Disposition, the Borrower shall prepay, or cause such other Loan Party or Subsidiary to prepay, Obligations in an aggregate amount equal to 100% of such Net Cash Proceeds of such Disposition. All such proceeds shall be paid and applied in accordance with Sections2.13(f)and (g). Notwithstanding anything herein to the contrary, no such mandatory prepayment shall constitute or be deemed to constitute a cure of any Default or Event of Default arising as a result of the Disposition giving rise to such prepayment obligation.

Named Entities:
49
50
Percentage
71
73
Regulation

Tokenized Text:
(
b
)
Disposition
of
Assets
.
Promptly
upon
the
receipt
by
any
Loan
Party
or
Subsidiary
thereof
of
Net
Cash
Proceeds
from
any
Disposition
,
the
Borrower
shall
prepay
,
or
cause
such
other
Loan
Party
or
Subsidiary
to
prepay
,
Obligations
in
an
aggregate
amount
equal
to
100
%
of
such
Net
Cash
Proceeds
of
such
Disposition
.
All
such
proceeds
shall
be
paid
and
applied
in
accordance
with
Sections2
.
13
(
f
)
and
(
g
)
.
Notwithstanding
anything
herein
to
the
contrary
,
no
such
mandatory
prepayment
shall
constitute
or
be
deemed
to
constitute
a
cure
of
any
Default
or
Event
of
Default
arising
as
a
result
of
the
Disposition
giving
rise
to
such
prepayment
obligation
.