Adjusted Excess Cash Flow definition

Adjusted Excess Cash Flow means, for any period, the remainder of (i) Excess Cash Flow for such period minus (ii) the aggregate amount of principal repayments of Term Loans to the extent (and only to the extent) that such repayments were made as a voluntary prepayment pursuant to the Term Credit Agreement.

Adjusted Excess Cash Flow means, for any period, the remainder of (i) Excess Cash Flow minus (ii) the product of (I) the aggregate amount of principal repayments of Loans to the extent (and only to the extent) that such repayments were (x) required as a result of a Scheduled Commitment Reduction under Section 3.03 or a Scheduled Repayment under Section 4.02 or (y) made as a voluntary prepayment pursuant to Section 4.01 with internally generated funds (but in a case of a voluntary prepayment of Revolving Loans, only to the extent accompanied by a voluntary reduction to the Total Revolving Loan Commitment) during such period MULTIPLIED by (II) 2.

Adjusted Excess Cash Flow means, for any period, (i) Excess Cash Flow of Group for such period, minus (ii) the sum of (A) 25% of such Excess Cash Flow, and (B) 100% of the aggregate amount of prepayments of the Loan previously made pursuant to Section 5.8(d) during such period.

Examples of Adjusted Excess Cash Flow in a sentence

• Deliver to the Bank on each January 15, April 15, July 15 and October 15 during the terms of the Loans, commencing on July 15, 1995, together with the prepayment on the Loans required pursuant to Subsection 5.1(a) of the Credit Agreement, financial information sufficient to show the Borrower's calculation of Excess Cash Flow and Adjusted Excess Cash Flow for the immediately preceding Quarter-Annual Period.

• Each such prepayment shall be accompanied by a certificate signed by the chief financial officer of the Borrower Representative (on behalf of the Borrowers) certifying the manner in which Adjusted Excess Cash Flow and the resulting prepayment were calculated, which certificate shall be in form and substance satisfactory to the Agent.

• On or before May 1 of each year, commencing May 1, 2002, the Commitments shall be automatically reduced and/or the Borrower shall prepay the Revolving Notes and/or the Term Notes in an aggregate amount equal to Adjusted Excess Cash Flow for the immediately preceding fiscal year, as provided in Section 1.09(e).

• In addition, at the time of the delivery of the financial statements provided for in Section 8.01(c), a certificate of the chief financial officer or other Authorized Officer of the Borrower setting forth (in reasonable detail) the amount of, and calculations required to establish the amount of, Adjusted Excess Cash Flow for the Excess Cash Flow Payment Period ending on the last day of the respective fiscal year.

More Definitions of Adjusted Excess Cash Flow

Adjusted Excess Cash Flow shall have the meaning set forth in the Intercreditor Agreement.

Adjusted Excess Cash Flow means, for any period, an amount equal to (a) Consolidated EBITDA for such period less (b) Consolidated Fixed Charges for such period.

Adjusted Excess Cash Flow means, for any period, the remainder of (i) Excess Cash Flow for such period minus (ii) the product of (x) the ----- aggregate amount of principal repayments of Loans to the extent (and only to the extent) that such repayments were made as a voluntary prepayment pursuant to Section 4.01 with internally generated funds (but in a case of a voluntary prepayment of Revolving Loans or Swingline Loans, only to the extent accompanied by a corresponding voluntary reduction to the Total Revolving Loan Commitment) during such period multiplied by (y) (A) at any time the Applicable Excess Cash ---------- Flow Percentage then in effect is equal to 75%, 4/3, and (B) at any time the Applicable Excess Cash Flow Percentage then is effect is equal to 50%, 2.

Adjusted Excess Cash Flow means, for any period, the remainder of (i) Excess Cash Flow for such period minus (ii) the product of (I) the aggregate amount of principal repayments of Loans to the extent (and only to the extent) that such repayments were (x) required as a result of a Scheduled Repayment under Section 4.02(b) or (y) made as a voluntary prepayment pursuant to Section 4.01 with internally generated funds (but in a case of a voluntary prepayment of Revolving Loans, only to the extent accompanied by a voluntary reduction to the Total Revolving Loan Commitment) during such period multiplied by (II) the quotient of (x) 100% divided by (y) the Applicable Excess Cash Flow Percentage in effect on the relevant Excess Cash Flow Payment Date for such period.

Adjusted Excess Cash Flow means, for any fiscal quarter, all Excess Cash Flow, but excluding Breaking Xxxx Xxxx Flow.

Adjusted Excess Cash Flow means, for any period, (i) Excess Cash Flow of Group for such period, minus (ii) the sum of (A) 25% of such Excess Cash Flow, and (B) 100% of the aggregate amount of prepayments of the Loan previously made pursuant to Section 5.8(d).

Adjusted Excess Cash Flow means, for any fiscal year of the Company, Excess Cash Flow for such fiscal year minus $25,000,000.