Examples of Cash Flow Payment Date in a sentence
On each Cash Flow Payment Date (or such earlier date elected by the Borrower following any Sweep Calculation Date), subject to the terms of Section 2.04(c), the Borrower shall prepay an aggregate principal amount of the Loans in an amount equal to the Excess Cash Flow Payment Amount calculated for the Sweep Calculation Date occurring immediately prior to such Cash Flow Payment Date.
The Excess Cash Flow Offer is required to remain open for 20 Business Days and payment pursuant to the Excess Cash Flow Offer will be made on the Excess Cash Flow Payment Date.
In addition, on each Semi-Annual Free Cash Flow Payment Date (November 15 and May 15), beginning with November 15, 2002 and ending with May 15, 2005, the Company shall pay an amount equal to 50% of Semi-Annual Free Cash Flow for the Semi-Annual Free Cash Flow Payment Period last ended before the respective Semi-Annual Free Cash Flow Payment Date.
The Record Date (herein so called) to determine the Holders who shall be entitled to receive the payment shall be 10 Business Days before the Cash Flow Payment Date selected by the Issuer.
The sum of Excess Cash Flow allocable to this Security shall, except as otherwise provided in the Indenture referred to on the Reverse hereof, be paid to the Person in whose name this Security is registered on the Record Date next preceding such Cash Flow Payment Date, whether or not such is a Business Day; In the event a Default occurs as to the payment of Excess Cash Flow, interest shall accrue at the Default Rate from the preceding Record Date for which there was no such Default.
Any Institutional Lender that wishes to decline receipt of its Institutional Term Loan B share pursuant to this Section 2.10(d), shall notify the applicable Administrative Agent and the Borrower of its election to decline its Institutional Term Loan B share prior to 10:00 a.m. (New York City time) five (5) Business Days prior to the Annual Excess Cash Flow Payment Date.
The Parent shall procure that on each Excess Cash Flow Payment Date, an amount equal to the Applicable Excess Cash Flow Percentage of Excess Cash Flow (other than any amounts from Excess Cash Flow previously applied in accordance with Clause 12.3 (Application of Voluntary Prepayments)) for the relevant Excess Cash Flow Payment Period shall be applied in accordance with Clause 13.3 (Application of Mandatory Prepayments).
On or before the record date the Company shall publicly announce the aggregate amount of such Excess Cash Flow Payment Amount and the Excess Cash Flow Payment Date.
On each Cash Flow Payment Date (or such earlier date elected by the Borrower following any Sweep Calculation Date), subject to the terms of Section 2.04(c), the Borrower shall prepay an aggregate principal amount of the Senior Secured Term Loan Credit Agreement among U.S. Well Services, Inc., USWS Holdings LLC, U.S. Well Services, LLC, the Subsidiary Guarantors, the Initial Lenders, and CLMG Corp.
The Redemption Date for redemptions under this Section 3.09 shall be the Excess Cash Flow Payment Date following the applicable Excess Cash Flow Determination Date.