Excess Cash Payment Amount definition
Excess Cash Payment Amount means (i) the Excess Cash Amount, minus (ii) Minority Interest Cash minus (iii) Repatriation Friction.
Excess Cash Payment Amount means (i) the Excess Cash Amount, minus (ii) Minority Interest Cash minus (iii) Repatriation Friction. “Excluded Contract” shall mean each of the Contracts set forth on Schedule IV.
Excess Cash Payment Amount means, for any Excess Cash Payment Period, an amount equal to (i) the lesser of (a) the Group Excess Cash Amount for such Excess Cash Payment Period and (b) the Credit Party Excess Cash Amount for such Excess Cash Payment Period minus (ii) the sum of (x) all voluntary prepayments of Term Loans, scheduled mandatory prepayments of Term Loans pursuant to Section 5.02A(a) and voluntary permanent reductions of the Total Revolving Loan Commitment made in the year ending on the day immediately preceding the Excess Cash Payment Date for such Excess Cash Payment Period (other than repayments made with the proceeds of sales of fixed assets, equity issuances, insurance or Indebtedness other than Loans) and (y) $250,000; provided that the Excess Cash Payment Amount for such Excess Cash Payment Period shall be zero if such difference is a negative number.
Examples of Excess Cash Payment Amount in a sentence
The Excess Cash Payment Amount as determined after all disputes have been resolved in accordance with this Section 2.12 is referred to herein as the “Final Excess Cash Payment Amount”.
The Excess Cash Payment Amount shall be paid in cash by April 30, with the first Excess Cash Payment Amount due on April 30, 2021.