Common use of Free Corporate Cash Flow Clause in Contracts

Free Corporate Cash Flow. If at any time the Outstanding Obligations exceeds the lesser of (x) the Combined Commitments then in effect and (y) an amount equal to 300% of the Free Corporate Cash Flow for the four fiscal quarter period most recently ended on or before such time of determination, then Borrowers shall immediately prepay Loans in an amount sufficient to reduce the Outstanding Obligations to the lesser of (x) the Combined Commitments then in effect and (y) an amount equal to 300% of the Free Corporate Cash Flow for the four fiscal quarter period most recently ended on or before such time of determination. 44

Appears in 1 contract

Samples: Credit Agreement (Aimco Properties Lp)

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Free Corporate Cash Flow. If at any time the Outstanding Obligations exceeds the lesser of (x) the Combined Commitments then in effect and (y) an amount equal to 300% of the Free Corporate Cash Flow for the four fiscal quarter period most recently ended on or before such time of determination, then Borrowers Borrower shall immediately prepay Loans in an amount sufficient to reduce the Outstanding Obligations to the lesser of (x) the Combined Commitments then in effect and (y) an amount equal to 300% of the Free Corporate Cash Flow for the four fiscal quarter period most recently ended on or before such time of determination. 44.

Appears in 1 contract

Samples: Credit Agreement (Aimco Properties Lp)

Free Corporate Cash Flow. If at any time the Outstanding Obligations exceeds exceed the lesser of (x) the Combined Commitments then in effect and (y) an amount equal to 300% of the Free Corporate Cash Flow for the four fiscal quarter period most recently ended on or before such time of determination, then Borrowers shall immediately prepay Loans in an amount sufficient to reduce the Outstanding Obligations to the lesser of (x) the Combined Commitments then in effect and (y) an amount equal to 300% of the Free Corporate Cash Flow for the four fiscal quarter period most recently ended on or before such time of determination. 44.

Appears in 1 contract

Samples: Credit Agreement (Apartment Investment & Management Co)

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Free Corporate Cash Flow. If at any time the Outstanding Obligations exceeds the lesser of (x) the Combined Commitments then in effect and (y) an amount equal to 300% of the Free Corporate Cash Flow for the four fiscal quarter period most recently ended on or before such time of determination, then Borrowers shall immediately prepay Loans in an amount sufficient to reduce the Outstanding Obligations to the lesser of (x) the Combined Commitments then in effect and (y) an amount equal to 300% of the Free Corporate Cash Flow for the four fiscal quarter period most recently ended on or before such time of determination. 44.

Appears in 1 contract

Samples: Credit Agreement (Apartment Investment & Management Co)

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