Excess Cashflow. On each Distribution Date, the Trustee shall distribute: the Monthly Excess Cashflow Amount, to the extent available, to the parties, in the amounts and in the priorities indicated:
Excess Cashflow. After payment of the amounts specified in clauses (i) through (viii) above, any remaining Interest Funds shall be treated as Excess Cashflow and distributed as described in subsection (e) below.
Excess Cashflow. (a) If at any time EDC WGQ credits any Excess Cashflow Prepayment Amount (WGQ) into the Excess Cashflow Account (WGQ) pursuant to Clause 18.6 (Excess Cashflow Account), EDC WGQ shall, on the immediate next Interest Payment Date apply all Excess Cashflow Prepayment Amount (WGQ) towards the prepayment of the Facility A Loans.
Excess Cashflow. If at any time the Borrower credits any Excess Cashflow Prepayment Amount into the Excess Cashflow Account pursuant to Clause 18.6 (Excess Cashflow Account), the Borrower shall, on the immediate next Interest Payment Date apply all Excess Cashflow Prepayment Amount towards the prepayment of the Loans.
Excess Cashflow. Within ten Business Days after delivery of the Annual Accounts in relation to each Financial Year the Parent shall procure that an amount equal to (i) 66 2/3 per cent. of the amount of Excess Cashflow for that Financial Year minus (ii) (without double counting) the aggregate amount of prepayments made in accordance with clause 10.1 (Voluntary prepayments), 10.4 (Asset Disposals), 10.5 (Insurance claims) and 10.7 (Report claims) and any amount permitted to be retained by the Group in accordance with those clauses during (or referable to) that Financial Year, to the extent that the relevant amounts or proceeds giving rise to the relevant prepayments have been included in calculating Cashflow is applied in prepayment of the Facility provided that:
Excess Cashflow. Clause 10.6 (Excess cashflow) shall be amended to read as follows: "10.6
Excess Cashflow. (a) The Issuer shall during the first calendar quarter of 2023 apply an amount of EUR 4,800,000 in re- demption of the Bonds at a price equal to 102.3925 per cent. of the Nominal Amount redeemed.
Excess Cashflow. The Company shall ensure that the Borrowers prepay Utilisations and cancel Available Commitments, in an amount equal to 50 per cent. of Excess Cashflow for each Calculation Period ending on or after the third anniversary of the Closing Date at the times and in the order of application contemplated by Clause 11.5 (Application of mandatory prepayments).
Excess Cashflow. (a) The Company will ensure that in relation to each Financial Year ending after the end of the Availability Period for the Capex/Acquisition Facility it will pay any Excess Cashflow less (except to the extent already deducted in calculating Excess Cashflow) the aggregated of: (x) $1,000,000; (y) the aggregated amount of any voluntary prepayments made pursuant to Clause 10.3 (Voluntary prepayment of Term Loans) for the relevant Financial Year; and (z) any Acquisition Costs and any Capital Expenditure which has been contractually committed by any member of the Group during that period to be spent in the immediately subsequent relevant period (provided that any such Acquisitions Costs and Capital Expenditure are added back to calculate the applicable Excess Cashflow for the subsequent period), in prepayment of the Facilities as follows:
Excess Cashflow. On last day of the Interest Period which is current at the time of delivery of the Annual Accounts in relation to each Financial Year, Bidco 2 shall procure that an amount equal to 50 per cent. of the amount of Excess Cashflow for that Financial Year in excess of €10,000,000 (or its equivalent in other currencies) is applied in prepayment of the Facilities if, at that time, the ratio of Total Debt at that time to EBITDA for the four most recent Accounting Quarters ended on the most recent Testing Date is greater than 3.5:1.
