Common use of Mandatory Prepayment With Excess Cash Flow Clause in Contracts

Mandatory Prepayment With Excess Cash Flow. On each Excess Cash Payment Date, an amount equal to 50% of Excess Cash Flow, if positive, of Holdings and its Subsidiaries for the most recent Excess Cash Flow Period ending prior to such Excess Cash Payment Date shall be applied as a mandatory repayment of principal of the Loans as provided in Section 4.5 in each case subject to modification of such application as set forth in Section 4.5(d).

Mandatory Prepayment With Excess Cash Flow. On each Excess Cash Payment Date, an amount equal to 5075% of Excess Cash Flow, if positive, of Holdings Borrower and its Subsidiaries for the most recent Excess Cash Flow Period ending prior to such Excess Cash Payment Date shall be applied as a mandatory repayment of principal of the Loans as provided in Section 4.5 in each case subject to modification of such application as set forth in Section 4.5(d)4.4.