Excess Cash Flow Payment Period definition

Excess Cash Flow Payment Period means, with respect to any Excess Cash Flow Payment Date, the immediately preceding fiscal year of the Borrower.

Excess Cash Flow Payment Period. (a) with respect to the prepayment required on the first Excess Cash Flow Application Date, the period from the Restatement Effective Date to December 31, 2013 (taken as one accounting period) and (b) with respect to the prepayment required on each successive Excess Cash Flow Application Date, the immediately preceding fiscal year of Holdings.

Excess Cash Flow Payment Period the immediately preceding fiscal year of the Borrower; provided that, for purposes of this Agreement, the first Excess Cash Flow Payment Period shall be the fiscal year ending on December 31, 2012.

Examples of Excess Cash Flow Payment Period in a sentence

• 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).

• In addition, at the time of the delivery of the financial statements provided for in Section 8.01(c), a certificate of the chief financial officer or other Authorized Officer of Parent setting forth (in reasonable detail) the amount of, and calculations required to establish the amount of, Excess Cash Flow for the Excess Cash Flow Payment Period ending on the last day of the respective fiscal year.

• In addition, at the time of the delivery of the financial statements provided for in Section 8.01(c), a certificate of the chief financial officer or other Authorized Officer of Holdings setting forth (in reasonable detail) the amount of, and calculations required to establish the amount of, Excess Cash Flow for the Excess Cash Flow Payment Period ending on the last day of the respective fiscal year.

• In addition, at the time of the delivery of the financial statements provided for in Section 8.01(c), a certificate of the chief financial officer or other Authorized Officer of the Borrower setting forth (in reasonable detail) the amount of, and calculations required to establish the amount of, Adjusted Excess Cash Flow for the Excess Cash Flow Payment Period ending on the last day of the respective fiscal year.

• The Certificate should include calculations in reasonable detail necessary to establish the amount of Excess Cash Flow for the applicable Excess Cash Flow Payment Period as well as the amount and dates of the required mandatory repayments pursuant to Section 5.02(e) of the Credit Agreement, together with the certification that the required mandatory repayments have been (or will be) made on the applicable Excess Cash Flow Payment Date.

More Definitions of Excess Cash Flow Payment Period

Excess Cash Flow Payment Period means, (a) with respect ------------------------------- to the repayment required on the first Excess Cash Flow Payment Date, the period from the Initial Borrowing Date to December 31, 2002, and (b) with respect to the repayment required on each successive Excess Cash Flow Payment Date, the immediately preceding fiscal year of the US Borrower.

Excess Cash Flow Payment Period means, with respect to the repayment required on each Excess Cash Flow Payment Date, the immediately preceding fiscal year of Holdings.

Excess Cash Flow Payment Period means (a) the period commencing on the Acquisition Loan Termination Date and ending on the last day of the fiscal year in which the Acquisition Loan Termination Date occurs and (b) each fiscal year thereafter.

Excess Cash Flow Payment Period means each fiscal year of Holdings.

Excess Cash Flow Payment Period means, (a) with respect to the repayment required on the first Excess Cash Flow Payment Date, the period from the Initial Borrowing Date to December 31, 2002, and (b) with respect to the repayment required on each successive Excess Cash Flow Payment Date, the immediately preceding fiscal year of the US Borrower.

Excess Cash Flow Payment Period means (a) the period from the Third Restatement Effective Date to and including December 31, 2000 and (b) each fiscal year of the Parent thereafter.

Excess Cash Flow Payment Period means (i) with respect to the repayment required on the first Excess Cash Flow Payment Date, the period from the Closing Date to the last day of the Borrower’s Fiscal Year ending closest to December 31, 2015 (taken as one accounting period), and (ii) with respect to the repayment required on each successive Excess Cash Flow Payment Date, the immediately preceding Fiscal Year of the Borrower.