From Excess Cash Flow. On April 15, 2000, and on each April 15 thereafter during the term of this Agreement, the Borrower shall make a repayment of the Loans then outstanding in an amount equal to fifty percent (50%) of the Excess Cash Flow for the fiscal year immediately preceding the calculation date. (iii)
Appears in 2 contracts
Samples: Loan Agreement (American Radio Systems Corp /Ma/), Loan Agreement (American Tower Systems Corp)
From Excess Cash Flow. On April 15, 2000, and on each April 15 thereafter during the term of this Agreement, the Borrower shall make a repayment of the Loans then outstanding in an amount equal to fifty percent (50%) of the Excess Cash Flow for the fiscal year immediately preceding the calculation date. (iii).
Appears in 2 contracts
Samples: Loan Agreement (American Tower Systems Corp), Loan Agreement (American Radio Systems Corp /Ma/)
