Common use of Prepayments and Reductions from Consolidated Excess Cash Flow Clause in Contracts

Prepayments and Reductions from Consolidated Excess Cash Flow. In the event that there shall be Consolidated Excess Cash Flow for any Fiscal Year (commencing with the Fiscal Year ending in December 1998), Company shall, no later than 100 days after the end of such Fiscal Year, prepay the Loans (and/or the Revolving Loan Commitments shall be reduced) in an aggregate amount equal to 50% of such Consolidated Excess Cash Flow for such Fiscal Year; provided however, that if the Leverage Ratio is less than or equal to 4.00:1.00, then such prepayment of the Loans and/or reduction of the Revolving Loan Commitments shall be in an aggregate amount equal to 25% of such Consolidated Excess Cash Flow for such Fiscal Year.

Prepayments and Reductions from Consolidated Excess Cash Flow. In the event that there shall be Consolidated Excess Cash Flow for any Fiscal Year (commencing with the Fiscal Year ending in December 199831, 1997), Company shall, no later than 100 days after the end of such Fiscal Year, prepay the Loans (and/or the Revolving Loan Commitments shall be reduced) in an aggregate amount equal to (1) for Fiscal Year 1997, 50% of the portion of such Consolidated Excess Cash Flow for such Fiscal Year in excess of $7,500,000, and (2) for any Fiscal Year thereafter, 50% of such Consolidated Excess Cash Flow for such Fiscal Year; provided however, that if the Leverage Ratio is less than or equal to 4.00:1.00, then such prepayment of the Loans and/or reduction of the Revolving Loan Commitments shall be in an aggregate amount equal to 25% of such Consolidated Excess Cash Flow for such Fiscal Year.

Prepayments and Reductions from Consolidated Excess Cash Flow. In the event that there shall be Consolidated Excess Cash Flow for any Fiscal Year (commencing with the Fiscal Year ending in December 31, 1998), Company shall, no later than 100 days after the end of such Fiscal Year, prepay the Loans (and/or the Revolving Loan Commitments shall be reduced) in an aggregate amount equal to 50% of such Consolidated Excess Cash Flow for such Fiscal Year; provided howeverthat, that if in the event that, as of the last day of any such Fiscal Year, the Leverage Ratio is less than or equal to 4.00:1.003.0:1.00, then for such prepayment of Fiscal Year the Loans and/or reduction of the Revolving Loan Commitments amount required to be prepaid pursuant to this subsection 2.4B(iii)(e) shall be in an aggregate amount equal reduced to 25% of such Consolidated Excess Cash Flow for such Fiscal Year.

Prepayments and Reductions from Consolidated Excess Cash Flow. In the event that there shall be Consolidated Excess Cash Flow for any Fiscal Year (commencing with the Fiscal Year ending in December 19982005), Company shall, no later than 100 120 days after the end of such Fiscal Year, prepay the Loans (and/or the Revolving Loan Commitments Commitment Amount shall be reduced) permanently reduced in an aggregate amount equal to 5075% (the “Consolidated Excess Cash Flow Percentage”) of such Consolidated Excess Cash Flow for Flow; provided that, if the Consolidated Leverage Ratio as of the end of such Fiscal Year; provided however, that if the Leverage Ratio Year is less than or equal 4.25 to 4.00:1.00, 1.00 then such prepayment of the Loans and/or reduction of the Revolving Loan Commitments shall be in an aggregate amount equal to 25% of such Consolidated Excess Cash Flow Percentage for such Fiscal YearYear shall be 50%.

Prepayments and Reductions from Consolidated Excess Cash Flow. In the event that there shall be Consolidated Excess Cash Flow for any Fiscal Year (commencing with the Fiscal Year ending in December 199831, 1999), Company shall, no later than 100 days after the end of such Fiscal Year, prepay the Loans (and/or the Revolving Loan Commitments shall be reduced) in an aggregate amount equal to 50% of such Consolidated Excess Cash Flow for such Fiscal Year; provided however, that if the Leverage Ratio for such Fiscal Year exceeds 4.0:1.0; provided that no prepayments shall be required pursuant to this subsection 2.4B(iii)(f) (and the Revolving Loan Commitments shall not be reduced) if the Leverage Ratio for such Fiscal Year is less than or equal to 4.00:1.00, then such prepayment of the Loans and/or reduction of the Revolving Loan Commitments shall be in an aggregate amount equal to 25% of such Consolidated Excess Cash Flow for such Fiscal Year4.0:1.0.

Prepayments and Reductions from Consolidated Excess Cash Flow. In the event that there shall be Consolidated Excess Cash Flow for any Fiscal Year (commencing with the Fiscal Year ending in December 1998June 30, 1999), Company shall, shall prepay no later than 100 90 days after the end of such Fiscal Year, prepay Year the Loans (and/or the Revolving Loan Commitments shall be reducedpermanently reduced (a) in an aggregate amount equal to 0% of such Consolidated Excess Cash Flow for each Fiscal Year in which the Consolidated Leverage Ratio, as determined as at the last day of such Fiscal Year is less than 2.5:1.0, and (b) an aggregate amount equal to 50% of such Consolidated Excess Cash Flow for each Fiscal Year in which the Consolidated Leverage Ratio, as determined as at the last day of such Fiscal Year; provided however, that if the Leverage Ratio is less greater than or equal to 4.00:1.00, then such prepayment of the Loans and/or reduction of the Revolving Loan Commitments shall be in an aggregate amount equal 2.5 to 25% of such Consolidated Excess Cash Flow for such Fiscal Year1.0.

Prepayments and Reductions from Consolidated Excess Cash Flow. In the event that there shall be Consolidated Excess Cash Flow for any Fiscal Year (commencing with the Fiscal Year ending in December 19982005), Company shall, then no later than 100 one hundred twenty (120) days after the end of such Fiscal Year, Borrower shall prepay the Loans (and/or the Revolving Loan Commitments shall be reduced) permanently reduced in an aggregate amount equal to 50% of such Consolidated Excess Cash Flow for if (y) any Event of Default has occurred and is continuing or (z) if the Consolidated Total Debt Ratio at the end of such Fiscal YearYear is greater than or equal to 5.00:1.00; provided provided, however, that if the Leverage Ratio is less than or equal to 4.00:1.00, then such prepayment neither of the Loans and/or reduction of the Revolving Loan Commitments foregoing clause (y) or (z) is applicable, no payments shall be in an aggregate amount equal required hereunder with respect to 25% of such Consolidated Excess Cash Flow for such Fiscal YearFlow.

Prepayments and Reductions from Consolidated Excess Cash Flow. In the event that there shall be Consolidated Excess Cash Flow for any Fiscal Year (commencing with the Fiscal Year ending in December 1998), Company shall, no later than 100 days after the end of such Fiscal Year, prepay the Loans (and/or the Revolving Loan Commitments shall be reduced) in an aggregate amount equal to 50% of such Consolidated Excess Cash Flow for such Fiscal Year; provided however, that if the Leverage Ratio is less -------- ------- than or equal to 4.00:1.00, then such prepayment of the Loans and/or reduction of the Revolving Loan Commitments shall be in an aggregate amount equal to 25% of such Consolidated Excess Cash Flow for such Fiscal Year.

Prepayments and Reductions from Consolidated Excess Cash Flow. In the event that there shall be Consolidated Excess Cash Flow for any Fiscal Year (commencing with the Fiscal Year ending in December 19982006), Company shall, no later than 100 120 days after the end of such Fiscal Year, prepay the Loans (and/or the Revolving Loan Commitments Commitment Amount shall be reduced) permanently reduced in an aggregate amount equal to 5075% (the “Consolidated Excess Cash Flow Percentage”) of such Consolidated Excess Cash Flow for Flow; provided that, if the Consolidated Leverage Ratio as of the end of such Fiscal Year; provided however, that if the Leverage Ratio Year is less than or equal 4.00 to 4.00:1.00, 1.00 then such prepayment of the Loans and/or reduction of the Revolving Loan Commitments shall be in an aggregate amount equal to 25% of such Consolidated Excess Cash Flow Percentage for such Fiscal YearYear shall be 50%.

Prepayments and Reductions from Consolidated Excess Cash Flow. In the event that there shall be Consolidated Excess Cash Flow for any Fiscal Year (commencing with the Fiscal Year ending in December 19982000), Company shall, no later than 100 90 days after the end of such Fiscal Year, prepay the Loans (and/or the Revolving Loan Commitments shall be reduced) permanently reduced in an aggregate amount equal to 5075% of such Consolidated Excess Cash Flow for such Fiscal YearFlow; provided howeverthat, that if the Margin Determination Certificate for the last day of the Fiscal Year immediately preceding the Fiscal Year in which such determination is being made establishes that the Consolidated Leverage Ratio is less than or equal to 4.00:1.00, 2.00:1.00 then such prepayment of the Loans and/or reduction of the Revolving Loan Commitments percentage shall be in an aggregate amount equal reduced to 25% of such Consolidated Excess Cash Flow for such Fiscal Year0%.

Prepayments and Reductions from Consolidated Excess Cash Flow. In the event that there shall be Consolidated Excess Cash Flow for any Fiscal Year (commencing with the Fiscal Year ending in December 1998), Company shall, no later than 100 90 days after the end of such Fiscal Year, prepay the Loans (and/or the Revolving Loan Commitments shall be reduced) AXELs in an aggregate amount equal to 5075% of such Consolidated Excess Cash Flow Flow; provided that for any Fiscal Year in which the Consolidated Leverage Ratio as of the end of any such Fiscal Year; provided however, that if the Leverage Ratio Year is less than or equal to 4.00:1.003.75:1, then such prepayment percentage of the Loans and/or reduction of the Revolving Loan Commitments shall be in an aggregate amount equal to 25% of such Consolidated Excess Cash Flow for such Fiscal Yearapplied to prepay the AXELs shall be reduced to 50%.

Prepayments and Reductions from Consolidated Excess Cash Flow. In the event that If there shall be is Consolidated Excess Cash Flow for any Fiscal Year (commencing with the Fiscal Year ending in December 19982004), Company and if the Consolidated Total Leverage Ratio as of the end of such Fiscal Year exceeds 3.00:1.00, Borrower shall, no later than 100 one hundred twenty (120) days after the end of such Fiscal Year, prepay the Loans (and/or the Revolving Loan Commitments shall be reduced) permanently reduced in an aggregate amount equal to the lesser of fifty percent (50% %) of such Consolidated Excess Cash Flow for or such Fiscal Year; provided however, that if amount as will bring the Consolidated Total Leverage Ratio is less to not more than or equal to 4.00:1.00, then such prepayment of the Loans and/or reduction of the Revolving Loan Commitments shall be in an aggregate amount equal to 25% of such Consolidated Excess Cash Flow for such Fiscal Year3.00:1.00.