Consolidated Excess Cash Flow. In the event that there shall be Consolidated Excess Cash Flow for any Fiscal Year, Company shall, no later than 105 days after the end of such Fiscal Year, prepay the Loans in an aggregate amount equal to 50% of such Consolidated Excess Cash Flow.
Appears in 4 contracts
Samples: Loan and Guaranty Agreement (Reliant Pharmaceuticals, Inc.), Loan and Guaranty Agreement (Reliant Pharmaceuticals, Inc.), Counterpart Agreement (Reliant Pharmaceuticals, Inc.)
Consolidated Excess Cash Flow. In the event that there shall be Consolidated Excess Cash Flow for any Fiscal YearYear (commencing with Fiscal Year 2008), Company shall, no later than 105 one hundred fifty (150) days after the end of such Fiscal Year, offer to prepay the Loans as set forth in Sections 2.14(b) and 2.14(d) in an aggregate amount equal to 50% of such Consolidated Excess Cash Flow.
Appears in 3 contracts
Samples: Credit and Guaranty Agreement (Douglas Dynamics, Inc), Credit and Guaranty Agreement (Douglas Dynamics, Inc), Credit and Guaranty Agreement (Douglas Dynamics, Inc)
Consolidated Excess Cash Flow. In the event that there shall be Consolidated Excess Cash Flow for any Fiscal YearYear (commencing with Fiscal Year 2012), Company shall, no later than 105 ninety days after the end of such Fiscal Year, prepay the Loans Term Loan in an aggregate amount equal to 5075% of such Consolidated Excess Cash Flow. Any amounts prepaid pursuant to this Section 2.12(e) with respect to any Fiscal Year in excess of 75% of Consolidated Excess Cash Flow shall be treated as voluntary prepayments made pursuant to Section 2.11(a).
Appears in 2 contracts
Samples: Financing Agreement (Federal Signal Corp /De/), Financing Agreement (Federal Signal Corp /De/)
Consolidated Excess Cash Flow. In the event that there shall be Consolidated Excess Cash Flow for any Fiscal YearYear (commencing with Fiscal Year ending December 31, Company 2016), the Companies shall, no later than 105 120 days after the end of such Fiscal Year, prepay the Loans and/or the Revolving Commitments shall be permanently reduced as set forth in Section 2.14(b) in an aggregate amount equal to 50% of such Consolidated Excess Cash Flow.
Appears in 2 contracts
Samples: Credit and Guaranty Agreement (Meridian Waste Solutions, Inc.), Credit and Guaranty Agreement (Meridian Waste Solutions, Inc.)
Consolidated Excess Cash Flow. In the event that there shall be Consolidated Excess Cash Flow for any Fiscal Year, Company shallYear (commencing with Fiscal Year 2004), no later than 105 one hundred (100) days after the end of such Fiscal Year, (x) Company shall prepay the Loans and/or (y) the Revolving Credit Commitments, the New Revolving Credit Commitments, the Tranche A Term Loan Commitments and the New Term Loan Commitments shall be permanently reduced as set forth in Section 2.13(b) in an aggregate amount equal to 50% of such Consolidated Excess Cash Flow.
Appears in 1 contract
Samples: Credit and Guaranty Agreement (Nextlink Communications Inc /De/)
Consolidated Excess Cash Flow. In the event that there shall be Consolidated Excess Cash Flow for any Fiscal YearYear (commencing with Fiscal Year 2014), Company shall, no later than 105 ninety days after the end of such Fiscal Year, prepay the Loans as set forth in Section 2.14(b) in an aggregate amount equal to 5075% of such Consolidated Excess Cash Flow.
Appears in 1 contract
Samples: Financing Agreement (Global Geophysical Services Inc)
Consolidated Excess Cash Flow. In the event that there shall be Consolidated Excess Cash Flow for any Fiscal YearYear (commencing with Fiscal Year ending June 30, 2008), Company shall, no later than 105 ninety (90) days after the end of such Fiscal Year, prepay the Loans as set forth in Section 2.14(b) in an aggregate amount equal to 50% fifty percent (50.0%) of such Consolidated Excess Cash Flow.
Appears in 1 contract
Samples: Credit and Guaranty Agreement (Syntax-Brillian Corp)
Consolidated Excess Cash Flow. In the event that there shall be Consolidated Excess Cash Flow for any Fiscal YearYear (commencing with Fiscal Year 2004), Company Borrower shall, no later than 105 ninety (90) days after the end of such Fiscal Year, prepay the Loans and the Commitments shall be permanently reduced as set forth in Section 2.12 in an aggregate amount equal to 50% of such Consolidated Excess Cash Flow.
Appears in 1 contract
Samples: Credit and Guaranty Agreement (Allegiance Telecom Inc)
Consolidated Excess Cash Flow. In the event that there shall be Consolidated Excess Cash Flow for any Fiscal YearYear (commencing with Fiscal Year ending December 31, Company 2016), the Companies shall, no later than 105 120 days after the end of such Fiscal Year, prepay the Loans as set forth in Section 2.14(b) in an aggregate amount equal to 50% of such Consolidated Excess Cash Flow.
Appears in 1 contract
Samples: Credit and Guaranty Agreement (Meridian Waste Solutions, Inc.)
Consolidated Excess Cash Flow. In the event that there shall be Consolidated Excess Cash Flow for any Fiscal YearYear (commencing with the Fiscal Year ending May 3, Company 2008), the Borrowers shall, no later than 105 ninety (90) days after the end of such Fiscal Year, prepay the outstanding Loans and a permanent Reserve shall be imposed against the Borrowing Base in an aggregate amount equal to 50% seventy-five percent (75%) of such Consolidated Excess Cash Flow, to the extent used to prepay the Loans.
Appears in 1 contract
Samples: Credit Agreement (Handleman Co /Mi/)
Consolidated Excess Cash Flow. In the event that there shall be Consolidated Excess Cash Flow for any Fiscal YearYear (commencing with the first full Fiscal Year ending after the Closing Date), Company shall, no later than 105 days on the 120th day after the end of such Fiscal Year, prepay the Loans as set forth in Section 2.15(b) in an aggregate amount equal to (i) 50% of such Consolidated Excess Cash Flow.Flow minus (ii) voluntary repayments of the Loans (excluding
Appears in 1 contract
Samples: Credit and Guaranty Agreement
Consolidated Excess Cash Flow. In the event that there shall be Consolidated Excess Cash Flow for any Fiscal YearYear (commencing with Fiscal Year 2012), Company Borrower shall, no later than 105 ninety days after the end of such Fiscal Year, prepay the Loans as set forth in Section 2.15(b) in an aggregate amount equal to (i) 50% of such Consolidated Excess Cash Flow.; provided that if, as of the last day of the most recently ended Fiscal Year the
Appears in 1 contract
Samples: Credit and Guaranty Agreement (Valeant Pharmaceuticals International, Inc.)
