Available Retained ECF Amount means, at any date of determination, the portion of Excess Cash Flow, determined on a cumulative basis for all fiscal years of Holdings (commencing with the fiscal year ending December 31, 2019) that was not required to be applied to prepay Term Loans pursuant to Section 2.10(f) or to prepay any other Indebtedness pursuant to Section 2.10(h) on account of Section 2.10(f); provided that in no event shall the “Available Retained ECF Amount” be less than $0.
Available Retained ECF Amount means (i) an amount which is initially equal to zero, but is never less than zero, plus (ii) the cumulative amount for all then-completed Excess Cash Flow Payment Periods of the amount of Excess Cash Flow permitted to be retained by the Borrowers for each Excess Cash Flow Payment Period (commencing with the Excess Cash Flow Payment Period ending December 31, 2011) after giving effect to the calculation of Excess Cash Flow for each such Excess Cash Flow Payment Period and the payment of Loans required pursuant to Section 2.05(b)(i) in respect of each such Excess Cash Flow Payment Period.
Available Retained ECF Amount means, at any date of determination, the portion of Excess Cash Flow, determined on a cumulative basis for all fiscal years of the Borrower (commencing with the fiscal year ending December 31, 2019) that was not required to be applied to prepay Term Loans pursuant to Section 2.04(b)(ii); provided that in no event shall the “Available Retained ECF Amount” be less than $0.
More Definitions of Available Retained ECF Amount
Available Retained ECF Amount means, at any date of determination, the Applicable Retained ECF Percentage of Excess Cash Flow, determined on a cumulative basis for all Cash Flow Periods of the Borrower (commencing with the Fiscal Year ending December 31, 2018); provided that in no event shall the “Available Retained ECF Amount” be less than $0.
Available Retained ECF Amount means (i) an amount which is initially equal to zero, plus (ii) the cumulative amount for all then-completed Excess Cash Flow Periods of the sum of (A) an amount of Excess Cash Flow permitted to be retained by the Borrower in any Excess Cash Payment Period (commencing with the Borrower’s 2005 fiscal year) after giving effect to the calculation of Excess Cash Flow for the previous Excess Cash Payment Period and the payment of Loans required pursuant to Section 4.02(e) in respect of such Excess Cash Payment Period and (B) an amount equal to 50% of the aggregate amount of Excess Voluntary Prepayments made during such period, minus (iii) the amount of Excess Cash Flow (expressed as a positive amount) for any Excess Cash Payment Period in which Excess Cash Flow was a negative number, minus (iv) any amount of the Available Retained ECF Amount used to make Capital Expenditures as permitted by Section 9.07(d), minus (v) the amount of the Available Retained ECF Amount utilized to effectuate one or more Permitted Acquisitions pursuant to clause (b) of the proviso to Section 8.15(a)(vi). Notwithstanding anything to the contrary contained above, the Available Retained ECF Amount shall be zero until the occurrence of the first Excess Cash Payment Date.
Available Retained ECF Amount means, at any date of determination, the portion of Excess Cash Flow, determined on a cumulative basis for all fiscal years of the Borrower (commencing with the fiscal year ending after the Conversion Date) that was not required to be applied to prepay Loans pursuant to Section 2.10(f) or to prepay any other Indebtedness pursuant to Section 2.10(i) on account of Section 2.10(f); provided that in no event shall the “Available Retained ECF Amount” be less than $0.
Available Retained ECF Amount means, on any date (the “Determination Date”) (i) an amount which is initially equal to the Loan Parties’ unrestricted Cash on hand as of the Amendment No. 3 Effective Date in excess of $20,000,000 and after giving effect to any Cash payments made on the Amendment No. 3 Effective Date, plus (ii) for the Fiscal Year ending December 31, 2013 and for each Fiscal Year thereafter, the cumulative amount for such Fiscal Year or Fiscal Years of Consolidated Excess Cash Flow permitted to be retained by Company and its Subsidiaries under Section 2.4(b)(iii)(E) less (iii) the aggregate amount of all dividend payments made pursuant to Section 6.5 on or after the Amendment No. 3 Effective Date and on or prior to the Determination Date less (iv) the amount in clauses (i) and (ii) above which are used to consummate transactions contemplated by clause (b) of the definition of Available Amount.
Available Retained ECF Amount. (i) an amount which is initially equal to zero, plus (ii) the cumulative amount for all then-completed fiscal years (commencing with the Borrower’s 2006 fiscal year) of the amount of Excess Cash Flow permitted to be retained by the Borrower for any fiscal year after giving effect to the calculation of Excess Cash Flow for such fiscal years and the payment of Loans required pursuant to Section 4.2(d) in respect of such fiscal years, minus (iii) the amount of Excess Cash Flow (expressed as a positive amount) for any fiscal year in which Excess Cash Flow was a negative number, minus (iv) any amount of the Available Retained ECF Amount used to make Capital Expenditures as permitted by Section 8.7, minus (v) the amount of the Available Retained ECF Amount utilized to effectuate one or more Permitted Acquisitions pursuant to clause (c) of the definition thereof.
Available Retained ECF Amount means, on any date (the “Determination Date”) (i) an amount which is initially equal to the Loan Parties’ unrestricted Cash on hand as of the Effective Date in excess of $20,000,000 and after giving effect to any Cash payments made on the Effective Date, plus (ii) for the Fiscal Year ending December 31, 2023 and for each Fiscal Year thereafter, the cumulative amount for such Fiscal Year or Fiscal Years of Consolidated Excess Cash Flow permitted to be retained by Company and its Restricted Subsidiaries under Section 2.4(b)(iii)(E) less (iii) the aggregate amount of all dividend payments made pursuant to Section 6.5 on or after the Effective Date and on or prior to the Determination Date less (iv) the amount in clauses (i) and (ii) above which are used to consummate transactions contemplated by clause (b) of the definition of Available Amount.
Available Retained ECF Amount means (i) an amount which is initially equal to zero, plus (ii) an amount of Excess Cash Flow permitted to be retained by the Borrower in any Excess Cash Payment Period after giving effect to the calculation of Excess Cash Flow for the previous Excess Cash Payment Period and the payment of Loans required pursuant to Section 4.02(g) during such Excess Cash Payment Period, minus (iii) the amount of Excess Cash Flow for any Excess Cash Payment Period in which Excess Cash Flow was a negative number, minus (iv) any amount of the Excess Cash Flow retained by the Borrower as described by clause (ii) above and used to make Capital Expenditures as permitted by Section 8.07(b)(vi). Notwithstanding anything to the contrary contained above, the Available Retained ECF Amount shall be zero until the occurrence of the first Excess Cash Payment Date.