Available Additional Basket definition
Available Additional Basket means, at any date, an amount, not less than zero in the aggregate, determined on a cumulative basis equal to, without duplication:
Available Additional Basket means, at any time, an amount equal to, without duplication:
Available Additional Basket shall have the meaning provided in Section 10.5(a).
More Definitions of Available Additional Basket
Available Additional Basket means (i) the greater of (x) $17,000,000 and (y) 10% of Consolidated EBITDA, plus (ii) commencing with the Fiscal Year ending December 31, 2022, the portion of Consolidated Excess Cash Flow not required to be applied to prepay the Term Loans hereunder, plus (iii) the aggregate amount of Declined Proceeds retained by the Borrower after the Restatement Effective Date and on or prior to such date, plus (iv) returns, profits, distributions and similar amounts on Investments made using the Available Additional Basket, in each case after the Restatement Effective Date, plus (v) the amount of any Investment made using the Available Additional Basket in any Unrestricted Subsidiary that has been re-designated as a Restricted Subsidiary or that has been merged or consolidated into the Borrower or any of its Restricted Subsidiaries, or the fair market value of the assets of any Unrestricted Subsidiary that have been transferred to the Borrower or any of its Restricted Subsidiaries, in each case after the Restatement Effective Date and on or prior to such date plus (vi) the Net Cash Proceeds of sales of Investments made using the Available Additional Basket, in each case after the Restatement Effective Date less, in the case of each of the foregoing clauses (i) through (vi), amounts previously utilized of such Available Additional Basket, in each case after the Restatement Effective Date.
Available Additional Basket means (i) $15,000,000, plus (ii) commencing with the Fiscal Year ending December 31, 2017, the portion of Consolidated Excess Cash Flow (as defined in the First Lien Credit Agreement) not required to be applied to prepay the First Lien Term Loans, plus (iii) the aggregate amount of Declined Proceeds retained by the Borrower, plus (iv) returns, profits, distributions and similar amounts on Investments made using the Available Additional Basket, plus (v) the amount of any Investment made using the Available Additional Basket in any Unrestricted Subsidiary that has been re-designated as a Restricted Subsidiary or that has been merged or consolidated into the Borrower or any of its Restricted Subsidiaries, or the fair market value of the assets of any Unrestricted Subsidiary that have been transferred to the Borrower or any of its Restricted Subsidiaries, plus (vi) the Net Cash Proceeds of sales of Investments made using the Available Additional Basket, less, in the case of each of the foregoing clauses (i) through (vi), amounts previously utilized of such Available Additional Basket.
Available Additional Basket as of any period beginning on the Closing Date and ending at any time of determination thereafter, with respect to any proposed use of the Available Additional Basket, an amount equal to (a) the sum of (i)(A) the amount of Excess Cash Flow less (B) the ECF Application Amount, in each case, for each Excess Cash Flow Period for which the financial statements required to be delivered for the period ending on the last day of such Excess Cash Flow Period under Section 6.1(a) have been delivered plus (ii) the aggregate amount of Net Cash Proceeds of any issuance of Permitted Capital Stock of Holdings or of any capital contribution to Holdings or Borrower from a Person that is a direct or indirect holder of Capital Stock of Holdings (or, prior to the Holdings Accession Date, a direct or indirect holder of Capital Stock of Borrower) after the Closing Date and at or prior to such time, in each case to the extent the Net Cash Proceeds thereof were actually contributed to the Borrower minus (b) the aggregate amount of Restricted Payments, Capital Expenditures, Investments and payments made and permitted under Sections 7.6(d) and (f), 7.7(d), 7.9(a) and 7.9(b), respectively, to the extent made during such period through utilization of the Available Additional Basket and excluding such proposed use of the Available Additional Basket (but including any other simultaneous proposed use of the Available Additional Basket).
Available Additional Basket means, at any time, the greater of (x) zero and (y) an amount equal to the sum of:
Available Additional Basket as follows: “(a) (i) $25,000,000 or (ii) solely for purpose of Section 7.06(g) hereof, $40,000,000;”
Available Additional Basket means (i) the greater of (x) the “Available Additional Basket” as defined in and under the Existing Credit Agreement (but, for the avoidance of doubt, without giving effect to proceeds received from an IPO Reorganization Transaction on or before the Restatement Effective Date) and (y) $15,000,000, plus (ii) commencing with the Fiscal Year ending December 31, 2019, the portion of Consolidated Excess Cash Flow not required to be applied to prepay the Term Loans hereunder, plus (iii) the aggregate amount of Declined Proceeds retained by the Borrower after the Restatement Effective Date, plus (iv) returns, profits, distributions and similar amounts on Investments made using the Available Additional Basket, in each case after the Restatement Effective Date, plus (v) the amount of any Investment made using the Available Additional Basket in any Unrestricted Subsidiary that has been re-designated as a Restricted Subsidiary or that has been merged or consolidated into the Borrower or any of its Restricted Subsidiaries, or the fair market value of the assets of any Unrestricted Subsidiary that have been transferred to the Borrower or any of its Restricted Subsidiaries, in each case after the Restatement Effective Date plus (vi) the Net Cash Proceeds of sales of Investments made using the Available Additional Basket, in each case after the Restatement Effective Date less, in the case of each of the foregoing clauses (i) through (vi), amounts previously utilized of such Available Additional Basket, in each case after the Restatement Effective Date.