Common use of Mandatory Prepayments From Excess Cash Flow Clause in Contracts

Mandatory Prepayments From Excess Cash Flow. So long as the Company's Maximum Leverage Ratio for any Fiscal Quarter is greater than 4.25:1.00, then at the time of furnishing the financial statements required by Section 7.4.2, 7.4.2 hereof with respect to any Fiscal Quarters of the Company and in any event within 60 days after the end of each such Fiscal Quarter of the Company, commencing with the Fiscal Quarter ending December 31, 1997, the Company will pay to you, without premium (except as provided in Section 3.5 hereof), as a mandatory prepayment on account of the principal amount of the Loans, the lesser of (i) an amount equal to 100% of the Excess Cash Flow as of the end of each such Fiscal Quarter, or (ii) the principal amount of the Loans as may then be outstanding. The principal amount of the Loans prepaid pursuant to this Section 5.2.4 may not be reborrowed and shall reduce the Maximum Amount of Credit.

Mandatory Prepayments From Excess Cash Flow. So long as the Company's Maximum Leverage Ratio for any Fiscal Quarter is greater than 4.25:1.00, then at the time of furnishing the financial statements required by Section 7.4.2, 7.4.2 7.4.2,7.4.2 hereof with respect to any Fiscal Quarters of the Company and in any event within 60 days after the end of each such Fiscal Quarter of the Company, commencing with the Fiscal Quarter ending December 31, 1997, the Company will pay to you, without premium (except as provided in Section 3.5 hereof), as a mandatory prepayment on account of the principal amount of the Loans, the lesser of (i) an amount equal to 100% of the Excess Cash Flow as of the end of each such Fiscal Quarter, or (ii) the principal amount of the Loans as may then be outstanding. The principal amount of the Loans prepaid pursuant to this Section 5.2.4 may not be reborrowed and shall reduce the Maximum Amount of Credit.