Available Free Cash Flow means, as of any time of determination, the amount equal to: (a) Free Cash Flow for a Measurement Period (as defined in the definition of “Free Cash Flow” below), minus (b) the aggregate amount of Restricted Payments made prior to and at such time of determination under Section 6.05(h) in reliance on such Free Cash Flow for such Measurement Period minus (c) the aggregate amount of Senior Note Payments made prior to and at such time of determination under Section 6.21(e) in reliance on such Free Cash Flow for such Measurement Period.
Available Free Cash Flow means, as of any time, the sum of (a) Free Cash Flow for the most recent four fiscal quarter period ended prior thereto for which the financial statements have been delivered or deemed delivered pursuant to Section 8.1, minus (b) the aggregate amount of all Distributions permitted and made pursuant to Section 9.2(b) during such four fiscal quarter period, minus (c) the aggregate amount of all Redemptions permitted and made pursuant to Section 9.13(a)(i) during such four fiscal quarter period.
Available Free Cash Flow means, as of any time of calculation thereof, the amount equal to: (a) Free Cash Flow as of the last day of the most recently ended Measurement Period for which financial statements have been delivered pursuant to Section 8.01(a) or Section 8.01(b), minus (b) the sum of the aggregate amount of Investments made under Section 9.05(g), (i), (k), (l), minus (c) the sum of the aggregate amount of Restricted Payments made under Section 9.04(a)(iv)-(viii) that, in the case of clauses (b) and (c), have been made in cash since the first day of the applicable Measurement Period through and including the time of calculation and were not financed with the proceeds of any substantially concurrent (with sixty (60) days being deemed substantially concurrent) (x) issuance of Equity Interests or (y) incurrence of long-term Debt for borrowed money permitted by the Loan Documents (other than the proceeds of a Borrowing or LC Disbursement).
Examples of Available Free Cash Flow in a sentence
Consequently, those orders must be renewed one more time prior to the June 2 primary election.
At the time the Company makes any Special Distribution, the Company shall make a distribution of Available Free Cash Flow to IVC in proportion to IVC’s Percentage Interest at such time; provided that in no event shall such ownership percentage exceed (x) 100% less (y) the GNC Percentage Interest at such time; provided further, however, that IVC may elect for the Company to retain such distribution in its sole discretion.
More Definitions of Available Free Cash Flow
Available Free Cash Flow means, as of any time of determination, (a) an amount equal to the Free Cash Flow for the most recently completed Rolling Period, in each case, for which financial statements have been delivered for Borrower pursuant to Section 7.1(b), beginning with the Rolling Period ending December 31, 2022 minus (b) the aggregate amount of Restricted Payments made in reliance on Section 8.4(a)(iii) minus (c) the aggregate amount of Redemptions made in reliance on Section 8.4(b)(iii) minus (d) the aggregate amount of Investments made in reliance on Section 8.5(l) (in the case of each of the foregoing clause (b) through clause (d), each a “Free Cash Flow Utilization”) during the three most recently completed Free Cash Flow Usage Periods (or, in the case of any date of determination before three Free Cash Flow Usage Periods have been completed, during the number of then completed Free Cash Flow Usage Periods, if any) and the then current Free Cash Flow Usage Period.
Available Free Cash Flow means, as of any time of calculation thereof, the amount equal to: (a) Free Cash Flow as of the last day of the most recently ended Test Period for which financial statements have been delivered pursuant to Section 9.01(a) or Section 9.01(b), minus (b) the sum of (i) the aggregate amount of Restricted Payments made under Section 10.6(i), (ii) the aggregate amount of Investments made under Section 10.5(j), and (iii) the aggregate amount of payments made on Junior Debt under Section 10.7(a) in the case of this clause (b) that, in each case, (x) is made from Available Free Cash Flow not otherwise applied pursuant hereto and (y) has occurred since the first day of the most recently ended Test Period through and including the time of calculation (each period a “Measurement Period”).
Available Free Cash Flow means, in relation to each 3-month period (commencing with the 3-month period starting on 1 April 2009), the amount (calculated by the Agent in its sole discretion) by which:
Available Free Cash Flow means, when determined as of any date on which the Borrower makes any cash Restricted Payment pursuant to Section 6.06(e) (such date, a “date of determination”), an amount equal to (a) the sum of (i) all cash of the Loan Parties that is not restricted cash (as determined in accordance with GAAP) and all Permitted Investments held by the Loan Parties, in each case as of the Fifth Amendment Closing Date and in an aggregate amount of up to $100,000,000 (or, if less, the amount thereof that has not been utilized on and after the Fifth Amendment Closing Date in furtherance of a Restricted Payment made pursuant to Section 6.06(e)) plus (ii) Free Cash Flow for the most recently ended period of four consecutive fiscal quarters for which the Financial Statement Delivery Date has occurred and with respect to which the Borrower has delivered to the Administrative Agent a Compliance Certificate in accordance with Section 5.01(c) (each an “Available Free Cash Flow Period”), minus (b) the aggregate amount of all Restricted Payments made by the Borrower (except to the extent made using Qualified Cash Proceeds) during and since the end of such Available Free Cash Flow Period, and as of such date of determination, pursuant to Sections 6.06(c), (d), and (e), minus (c) the aggregate amount of all investments, loans, and advances made in cash by the Borrower and its Subsidiaries (except (i) any such investments in, and loans and advances to or among, the Loan Parties or (ii) to the extent made Qualified Cash Proceeds) during and since the end of such Available Free Cash Flow Period, and as of such date of determination, pursuant to Sections 6.04(b), (c), (g), (j), (k), and (l). Notwithstanding anything herein to the contrary, for each fiscal quarter ending prior to September 30, 2023, the constituent component parts of Available Free Cash Flow shall be calculated by including the actual amounts thereof for the period commencing on August 1, 2022 and ending on the last day of such fiscal quarter.
Available Free Cash Flow. “Free Cash Flow”, “Specified Existing Notes”, “Specified Existing Notes Indenture” and “Sixth Amendment Effective Date” is hereby deleted in its entirety.
Available Free Cash Flow means, as of any date on which Borrower makes any Restricted Payment pursuant to Section 7.5(c), the aggregate amount equal to: (a) Free Cash Flow for the four (4) Fiscal Quarter period (the “Test Period”) ending on the last day of the Fiscal Quarter immediately preceding such date of determination for which financial statements pursuant to Section 5.1(a) or Section 5.1(b), as applicable, and an accompanying Compliance Certificate pursuant to Section 5.1(c) have been delivered minus (b) the aggregate amount of all Restricted Payments previously made during such Test Period pursuant to Section 7.5(c).