Excess Cash Flow Payment has the meaning specified in Section 2.17.
Excess Cash Flow Payment shall have the meaning set forth in Section 2.3(b).
Excess Cash Flow Payment means, in respect of any Excess Cash Flow Prepayment Date:
Examples of Excess Cash Flow Payment in a sentence
The first Excess Cash Flow Payment Amount shall be paid within 30 days of the delivery of the quarterly financials for the fiscal quarter ending in February 2017.
The Excess Cash Flow Payment shall be applied by the Lender to the reduction of the outstanding principal balance of the Term Loan.
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
Excess Cash Flow Payment. See Section 2.5(b).
Excess Cash Flow Payment means (a) a mandatory prepayment of the Junior Loans in an amount equal to fifty percent (50%) of the Excess Cash Flow (as presently defined in the Junior Loan Agreement) of EGP pursuant to Section 2.7(c)(i) of the Junior Loan Agreement, and (b) if a PIK Event (as presently defined in the Junior Loan Agreement) shall have occurred (not otherwise cured pursuant to the terms hereof) or if the Borrower otherwise elects or is required to pay interest on the subordinated debentures issued pursuant to the Trust Documents (as defined in the Senior Loan Agreement) in kind, on the 40th day following the end of the quarter in which (or for which) such event has occurred (or, if earlier, ten (10) days after delivery of the quarterly financial statements) and continuing on the 40th day following each successive quarter (or, if earlier, ten (10) days after delivery of the quarterly financial statements) until such time as the Borrower has been in full compliance with the terms of the Senior Loan Agreement for two consecutive quarters of the Borrower, a mandatory prepayment of the Junior Loans in an amount equal to seventy-five percent (75%) of the Excess Cash Flow (as presently defined in the Junior Loan Agreement) of EGP subject to the terms of Section 2.7(c)(ii) of the Junior Loan Agreement, and (c) if a Makewell Investment (as presently defined in the Junior Loan Agreement) shall have occurred in any fiscal year, a mandatory prepayment of the Junior Loan in an amount equal to seventy-five percent (75%) of the Excess Cash Flow (as presently defined in the Junior Loan Agreement) of EGP subject to the terms of Section 2.7(c)(iii) of the Junior Loan Agreement.
Excess Cash Flow Payment is defined in Section 4-4(b).
Excess Cash Flow Payment. General Maintenance Capital Expenditures" "Stock Pledge Agreements" "Vineyard Maintenance Capital Expenditures"
Excess Cash Flow Payment means a payment by Borrower to Lender under SUBSECTION 2.2(B)(I) hereof of an amount equal to the cash balance of all collected funds in Borrower's Concentration Account minus $200,000. Such amount shall be determined at 12:00 p.m. New York time on October 3, 1997 and at 12:00 p.m. New York time on every Friday thereafter (if any such Friday is not a Business Day then such amount shall be determined at 12:00 p.m. on the preceding Thursday).
Excess Cash Flow Payment means any payment or prepayment in respect of the Term Loan Debt required to be made based on Excess Cash Flow, including such payment required under Section 2.03(b)(ii) of the Term Loan Agreement as in effect on the date hereof.
Excess Cash Flow Payment means an amount equal to 5.0% of the Company's Consolidated Cash Flow to be paid by the Company on the first Interest Payment Date following the public release of the Company's fiscal year end audited financial statements of the applicable fiscal year, if at the end of any fiscal year, the Company's Consolidated Cash Flow exceeds U.S.$27.5 million.