Available Investment Amount means an amount equal to the excess of (a) 20% of cumulative Adjusted Consolidated Net Income for each full fiscal quarter of the U.S. Borrower commencing with the fiscal quarter beginning January 1, 2011 (taken as a single accounting period) over (b) the aggregate amount utilized pursuant to Section 6.03(y)(ii) to make investments, loans and advances (net of all returns on capital or principal thereon).
Available Investment Amount means an amount equal to the excess of (a) 20% of cumulative Adjusted Consolidated Net Income for each full
Available Investment Amount means an amount equal to the excess of (a) 20% of cumulative Adjusted Consolidated Net Income for each full fiscal quarter of the U.S. Borrower commencing with the fiscal quarter beginning January 1, 2006 (taken as a single accounting period) over (b) the aggregate amount utilized pursuant to clause (b) of the definition of “Available Acquisition Amount” prior to such time to finance Permitted Acquisitions.
Examples of Available Investment Amount in a sentence
Investment Options Available Investment Amount - Minimum $200* Interest for 31 Day Notice Secured Notes is calculated daily and capitalised half yearly on 30 May and 30 November in each year.
More Definitions of Available Investment Amount
Available Investment Amount means 100% of an amount equal to the amount of cash and the fair market value of non-cash property received by any Loan Party or any Specified Non-Guarantor from and after the Available Investment Amount Effective Date from any Non-Guarantor Subsidiary (other than Nitrogen) or any Excluded Subsidiary in connection with either (i) any dividend, distribution or other return or payment with respect to the Equity Interests of such Non-Guarantor Subsidiary (other than Nitrogen) or such Excluded Subsidiary or (ii) any repayment of or return on principal (other than interest) of any #91410190v4 Indebtedness for borrowed money owed by such Non-Guarantor Subsidiary (other than Nitrogen) or such Excluded Subsidiary to any Loan Party or any Specified Non-Guarantor; plus $250,000,000; minus (i) the aggregate amount of Investments made by Loan Parties and Specified Non-Guarantors pursuant to Section 6.8(a) in joint ventures, Non-Guarantor Subsidiaries and Excluded Subsidiaries that are not Guarantors, together with (x) the aggregate amount of Investments in reliance on Section 6.8(f) made by Loan Parties and Specified Non-Guarantors in Persons that are not Loan Parties and (y) the aggregate amount of Investments in reliance on Section 6.8(n) in Persons that do not become Guarantors pursuant thereto on or prior to the Fifth Amendment Effective Date and (ii) the aggregate amount of any Investments made from and after the Available Investment Amount Effective Date by any Loan Party or any Specified Non-Guarantor in reliance on Section 6.8(a), Section 6.8(f) or Section 6.8(n) in any Subsidiary or Excluded Subsidiary that is not a Loan Party; provided, however, that the aggregate amount of any Investment (without regard to any reductions made for any returns on principal or capital thereon or repayments made with respect thereto pursuant to the last sentence of the definition of “Investment”) made from and after the Available Investment Effective Date by any Loan Party or any Specified Non-Guarantor in reliance on Section 6.8(a), Section 6.8(f) or Section 6.8(n) in any Subsidiary or Excluded Subsidiary that was not a Loan Party at the time that such Investment was made shall be added to the Available Investment Amount at the time that such Subsidiary or Excluded Subsidiary becomes a Loan Party.””
Available Investment Amount means, on any date (the "Reference Date"), an amount equal to the sum of (a) $100,000,000, (b) the Net Cash Proceeds of any Prepayment Events to the extent that such Net Cash Proceeds have not on or prior to the Reference Date been (i) applied to the repayment of Loans in accordance with Section 5.2(a)(i) or (ii) reinvested in the business of the Borrower or any of its Subsidiaries, (c) an amount equal to (i) the cumulative amount of Excess Cash Flow for all fiscal years completed prior to the Reference Date minus (ii) the portion of such Excess Cash Flow that has been on or prior to the Reference Date (or will be) applied to the prepayment of Loans in accordance with
Available Investment Amount means (i) the sum of (A) 50% of the amount of dividends that would have been permitted to be paid by Madison under applicable law after September 30, 1996 plus (B) 50% of interest paid after September 30, 1996 under the Surplus Debentures to IFSC plus (C) 50% of payments received by the Borrower from Madison and its Subsidiaries in respect of tax liabilities after September 30, 1996 minus (ii) the sum of (A) Investments made by IFSC as permitted pursuant to the proviso set forth in Section 7.2.1(b) (ii) plus (B)Investments made by the Borrower as permitted pursuant to the proviso set forth in Section 7.2.5 plus (C) amounts applied as permitted pursuant to the proviso set forth in Section 7.2.6; PROVIDED, that the sum of the amounts set forth in clauses (ii)(A) and (B) shall be reduced by $5,000,000 but not to an amount less than zero; and PROVIDED, further, on and after the making of any Loan hereunder, the Available Investment Amount shall be reduced to zero.
Available Investment Amount means, at any time, an amount equal to the lesser of (I) $5,000,000 and (II)(a) $5,000,000, minus (b) the sum of, without duplication, the following: (1) the fair market value of all consideration paid by the Borrower and the Restricted Subsidiaries in connection with each merger under Section 8.3(b)(iii), (2) the fair market value of all consideration paid by the Borrower and the Restricted Subsidiaries in connection with each investment under Section 8.4(f), and (3) the amount owing to the Borrower and the Restricted Subsidiaries pursuant to any tax sharing agreement referred to in Section 8.17(a), plus (c) the aggregate amount of all cash consideration received by the Borrower and the Restricted Subsidiaries in connection with the sale or other disposition of any investment made under Section 8.4(f).
Available Investment Amount means, at any time after delivery of the financial statements of the U.S. Borrower for the period ended September 30, 2006, an amount equal to the excess of (a) 20% of cumulative Adjusted Consolidated Net Income for each full fiscal quarter of the U.S. Borrower commencing with the fiscal quarter beginning January 1, 2006 (taken as a single accounting period) over (b) the aggregate amount utilized pursuant to clause (b) of the definition of “Available Acquisition Amount” prior to such time to finance Permitted Acquisitions.
Available Investment Amount means the excess of (a) the amount of any Excess Cash Flow retained by the Borrower pursuant to Section 2.8(a) and Net Cash Proceeds from the issuance or disposition of any equity securities permitted to be retained by Borrower pursuant to Section 2.8(b)(i), in each case, after the Second Amendment Effective Date over (b) the sum of (i) the aggregate amount of any Investments made after the Second Amendment Effective Date pursuant to clause (k) or clause (l) of Section 5.8, in each case of this clause (i) to the extent made as a portion of the Available Investment Amount plus (ii) the aggregate amount of any dividends or distributions made after the First Amendment Effective Date pursuant to Section 5.4(e) and any loans and advances made after the First Amendment Effective Date pursuant to Section 5.8(m), in each case of this clause (ii) to the extent the aggregate amount thereof exceeded $12,000,000.