Excess Cash Payment definition

Excess Cash Payment means any payments made to Holders in respect of Excess Cash Available Amounts during the Excess Cash Sweep Period.

Excess Cash Payment. As defined in clause fourth of Section 8.02(c).

Excess Cash Payment means any payments made to Holders in respect of Excess Cash Available Amounts, regardless of whether during or after the Excess Cash Sweep Period.

Examples of Excess Cash Payment in a sentence

• Until the occurrence of the Excess Cash Sweep Termination Event, at or prior to the Excess Cash Payment Date, if the Excess Cash Amount exceeds zero on an Excess Cash Measurement Date, the Issuer will make payments under the Notes to the Holders equal to a percentage of the applicable Excess Cash Available Amount in accordance with the terms and conditions set forth below.

• If any Excess Cash Payment needs to be converted into U.S. Dollars, it shall be converted at the Settlement Rate as of the date occurring two Business Days prior to the Excess Cash Payment Date.

• The Issuer shall inform the Trustee in writing of the amount of any Excess Cash Payment no later than two (2) Business Days prior to the applicable Excess Cash Payment Date.

• If any Excess Cash Payment needs to be converted into U.S. Dollars, it shall be converted at the Settlement Rate on the date occurring two Business Days prior to the Excess Cash Payment Date.

• The Excess Cash Payment Date will be no later than 30 days after the Effective Date.

More Definitions of Excess Cash Payment

Excess Cash Payment means any payment contemplated by Section 2.11(d).

Excess Cash Payment has the meaning specified in Section 1.7(c) of this Agreement.

Excess Cash Payment has the meaning provided in Section 2.06(e).

Excess Cash Payment means any payment contemplated by Section 2.11(d). The last sentence of the definition of “Adjusted LIBO Rate” in Section 1.1 of the Credit Agreement is amended and restated in its entirety as follows: “For purposes of this Agreement, the Adjusted LIBO Rate will not be less than one percent (1.00%).”

Excess Cash Payment means twenty-five percent (25%) of the amount, if any, by which the Effective Date Cash Balance exceeds $(US)45,000,000.

Excess Cash Payment means as described on the attached Exhibits.

Excess Cash Payment means for each twelve consecutive month period ending on June 30 of each year, commencing with the twelve month period beginning on June 30, 2009 and ending June 30, 2010 (each such twelve month period hereinafter referred to as a “Review Period”), the excess (if any) of