ECF Prepayment Amount definition
ECF Prepayment Amount has the meaning assigned to such term in Section 2.11(b)(i).
ECF Prepayment Amount as defined in Subsection 4.4(e)(iii).
ECF Prepayment Amount has the meaning set forth in Section 2.13(d).
Examples of ECF Prepayment Amount in a sentence
With respect to each fiscal year, commencing with the fiscal year ending December 31, 2014, on or prior to April 15 of the following year (commencing with April 15, 2015), the Loans shall be repaid in an amount equal to (x) with respect to the Term F Loan, the ECF Prepayment Amount – TLF for such fiscal year and (y) with respect to all other Loans, the ECF Prepayment Amount – Other Loans for such fiscal year.
More Definitions of ECF Prepayment Amount
ECF Prepayment Amount means for any fiscal year, the product obtained by multiplying (a) Excess Cash Flow for such fiscal year times (b) the applicable ECF Percentage for such fiscal year.
ECF Prepayment Amount shall have the meaning provided in Section 5.02(e).
ECF Prepayment Amount means:
ECF Prepayment Amount minus (B) the portion of such ECF Prepayment Amount applied (to the extent Borrower or any of its Subsidiaries is required by the terms thereof) to prepay, repay or purchase Pari Passu Indebtedness on a pro rata basis with the Term Loans; provided that such percentage in clause (1) above shall be reduced to (x) 25% if the Senior Secured Indebtedness to EBITDA Ratio as of the last day of the immediately preceding Fiscal Year was less than or equal to 2.00:1.00 and greater than 1.50:1.00 and (y) 0% if the Senior Secured Indebtedness to EBITDA Ratio as of the last day of the immediately preceding Fiscal Year was less than or equal to 1.50:1.00. Nothing in this Section 4.4(b) shall limit the rights of the Agents and the Lenders set forth in Section 9.
ECF Prepayment Amount means, for any fiscal year, the sum of (a) the ECF Prepayment Amount – Other Loans for such fiscal year for each tranche of Term Loans to which the Excess Cash Flow prepayment in Section 2.6(b)(iv) applies plus (b) the ECF Prepayment Amount – TLF for such fiscal year.
ECF Prepayment Amount means an amount equal to (A) (i) if the Total Leverage Ratio exceeds 2.5 to 1.0 on the applicable testing date, 50% of Excess Cash Flow of Holdings and its Subsidiaries for such fiscal year or (ii) if the Total Leverage Ratio is more than 2.0 to 1.0 but less than or equal to 2.5 to 1.0 on the applicable testing date, 25% of Excess Cash Flow of Holdings and its Subsidiaries for such fiscal year (provided that the amount calculated pursuant to this clause (A) shall be zero for such fiscal year if (x) Total Leverage Ratio is equal to or less than 2.0 to 1.0 on the applicable testing date or (y) on a pro forma basis and after giving effect to the application of any ECF Prepayment Amount (calculated in accordance with definition excluding this clause (y)), Holdings and its Subsidiaries would have an Unrestricted Cash Amount of less than $300.0 million), minus (B) at the option of the Issuers (but subject to the final sentence of this definition), to the extent occurring during fiscal year (or occurring after such fiscal year and prior to the date of the applicable Excess Amount Offer and without duplication (including duplication of any amounts deducted in any prior fiscal year)), the following:
ECF Prepayment Amount means:and (y) with respect to all other Loans, the ECF Prepayment Amount – Other Loans for such fiscal year. All such payments of principal of the Term Loans shall be applied to reduce the next four scheduled principal installments of such Term Loans in direct order of maturity, then to the remaining scheduled principal installments on a pro rata basis (other than the payment of principal due on the Maturity Date of the applicable Term Loan) and then to the payment of principal due on the Maturity Date of the applicable Term Loan).