Actual Disbursement Amounts means the amount of all disbursements actually paid by the Loan Parties and their Subsidiaries during the relevant period of determination, as determined in a manner consistent with the Approved Budget.
Actual Disbursement Amounts has the meaning specified in the First Lien Credit Agreement.
Actual Disbursement Amounts means the sum of all cash disbursements made by the Borrower during the relevant period of determination as set forth across from the line-item in the Loan Budget titled “Total Cash Disbursements”, as determined in a manner consistent with the Loan Budget.
Examples of Actual Disbursement Amounts in a sentence
During any Variance Testing Period, permit Actual Disbursement Amounts for any Cumulative Four-Week Period to exceed the Budgeted Disbursement Amounts for such Cumulative Four-Week Period by an amount greater than ten percent (10.0%) of such Budgeted Disbursement Amounts for such Cumulative Four-Week Period.
More Definitions of Actual Disbursement Amounts
Actual Disbursement Amounts means, with respect to any period, as the context requires, the amount of actual disbursements made by the Credit Parties on a consolidated basis (other than disbursements to and from other Credit Parties) during such period that correspond to the sum of the line items for “Operating Disbursements” in the Approved Budget. For the avoidance of doubt, (i) such amount will include any payments or other distributions made by the Credit Parties to Subsidiaries of the Company that are not Credit Parties.
Actual Disbursement Amounts means the actual disbursements, including, without limitation, capital expenditures and M&A transaction costs, made by the Debtors on a line-by-line and aggregate basis during the applicable Variance Testing Period.
Actual Disbursement Amounts means the actual disbursements, excluding (a) Actual Restructuring Related Amounts and(b) Actual Receivables Facility Amounts, made by the Debtors on a line-by-line and aggregate basis during the applicable Variance Testing Period.
Actual Disbursement Amounts means, with respect to any period, the sum, for such period, of all such disbursements for all such line items which comprise “Total Operating Disbursements / Payroll” and “Capex” (each as set forth in the Approved Budget), and all operational restructuring costs (provided, to the extent operational restructuring costs are included under the heading “Total Restructuring,” such costs shall be set forth as separate line items therein), on a cumulative basis, in each case, as determined by reference to the Approved Budget as then in effect, which amounts do not include Actual Borrower Professional Fees.
Actual Disbursement Amounts means with respect to any period, the sum, for such period, of all such operating disbursements for all such line items which comprise “Total Operating Disbursements” and “Restructuring Disbursements” (each as set forth in the Approved Budget), on a cumulative basis, in each case, as determined by reference to the Approved Budget as then in effect.
Actual Disbursement Amounts means with respect to any period, as the context requires, (x) the amount of actual disbursements made by the Loan Parties and their Subsidiaries during such period that correspond to each line item (on a line item by line item basis) under the heading “Total Operating Disbursements” in the Approved Budget and/or (y) the sum, for such period, of all such disbursements for all such line items which comprise “Total Operating Disbursements” (as set forth in the Approved Budget), on a cumulative basis, in each case, as determined by reference to the Approved Budget as then in effect.
Actual Disbursement Amounts means with respect to any period, the sum, for such period, of all such disbursements for all such line items which comprise “Total Operating Disbursements / Payroll” and “Capex” (each as set forth in the Approved Budget), and all operational restructuring costs (provided, to the extent operational restructuring costs are included under the heading “Total Restructuring,” such costs shall be set forth as separate line items therein), on a cumulative basis, in each case, as determined by reference to the Approved Budget as then in effect, which amounts do not include Actual Borrower Professional Fees.