Cash Interest Amount definition

Cash Interest Amount means the portion of Interest payable for an Interest Period that reflects the Term Reference Rate plus the Cash Margin.

Cash Interest Amount means, as of any date, the portion of the aggregate outstanding accrued and unpaid interest in respect of the Loans that shall have accrued at the Cash Interest Rate under Section 2.07(a)(i); provided, that, at any time (including during any period between Quarterly Interest Payment Dates) that interest on the Loans are accruing at the Post-Default Rate, the Cash Interest Amount means the portion of the aggregate outstanding accrued and unpaid interest in respect of the Loans that shall have accrued at (i) the Cash Interest Rate plus (ii) 5.00% under Section 2.07(b).

Cash Interest Amount means, subject to the provisions of Sections 2.07 and 9.09, with respect to any Interest Payment Date occurring after the First Amendment Effective Date, (a) prior to the Crack Spread Hedge Unwind Date (i.e. before the Original Loans are divided into Tranche A Loans and Tranche B Loans), with respect to any of the Original Loans, and (b) on and after the Crack Spread Hedge Unwind Date and before the Applicable Margin Covenant Compliance Date, with respect to the Tranche B Loans only, on which the Borrower has exercised its option to add the Capitalized Interest Amount to the principal of the Original Loans (or Tranche B Loans, as applicable) on such Interest Payment Date, that portion of the interest accrued on the outstanding principal amount of the Original Loans (or the Tranche B Loans, as applicable) to such Interest Payment Date as would have accrued at the rate of (i) with respect to any Eurodollar Loan, the Adjusted LIBO Rate plus 7.50% per annum (or 9.50% per annum during the Leverage Step-Up Period, if any), provided, however, that, for purposes of this clause (i), if the Adjusted LIBO Rate shall be below 3.25% per annum on any day, then the Adjusted LIBO Rate for such Interest Period shall be deemed to 3.25% for such day, or (ii) with respect to any ABR Loan, the Alternate Base Rate plus 6.50% per annum (or 8.50% per annum during the Leverage Step-Up Period, if any), provided, however, that, for purposes of this clause (ii), if the Alternate Base Rate shall be below 4.25% per annum on any day, the Alternate Base Rate shall be deemed to be 4.25% per annum for such day. The Cash Interest Amount will be determined and calculated in accordance with this definition and the provisions of Section 2.06.

Examples of Cash Interest Amount in a sentence

• In order to exercise the option (the “Tranche A Capitalized Interest Option”) to pay, on a specified Interest Payment Date, the Tranche A Cash Interest Amount in cash and to have the balance of such accrued interest be added to the principal of the Tranche A Loans as a Tranche A Capitalized Interest Amount, the Borrower shall give notice to the Administrative Agent on or before the applicable Interest Payment Date that the Borrower has exercised such option.

• The “Periodic Redemption Amount” for any Subsequent Period will equal the excess of the aggregate amount of original issue discount (as defined in Section 1273(a) of the Code) accrued on the Note during such Subsequent Period over the Cash Interest Amount for such Subsequent Period.

• Through any Interest Payment Date, interest on the Principal Amount that shall have accrued at the Cash Contract Rate and shall remain unpaid as of such Interest Payment Date (for any Interest Payment Date, a "Cash Interest Amount") shall be paid in immediately available funds by Borrowers to the Holder on such Interest Payment Date.

• Notices) specifying (i) whether it elected to make a Minority PIK Interest Payment or a Majority PIK Interest Payment (if applicable), (ii) the Full Cash Interest Amount, the Minority PIK Interest Amount and/or the Majority PIK Interest Amount (as applicable) and (iii) the Additional PIK Amount (if any).

• The amount of interest payable on an Interest Payment Date that may be paid in shares of Common Stock in lieu of cash shall equal (i) the total interest payment due and payable minus (ii) the Cash Interest Amount (the “PIK Interest Amount”).

• Following receipt of such Election Notice, and subject to the terms and conditions of this Agreement, at each Closing the Company will issue and sell to the Investor, and the Investor will purchase from the Company, Initial Notes for a purchase price and in an aggregate Principal Amount equal to the Net Cash Interest Amount with respect to such Senior Subordinated Note Interest Payment Date (the "Purchase Price").

• The Company shall not, and shall cause Worldspan to not, enter into any agreement or instrument that would prevent the Company from issuing Additional Notes in lieu of a cash payment of any or all of the Cash Interest Amount due on this Note in accordance with the second preamble of this Note.

• Commencing on the first Amortization Date, the Borrowers shall, jointly and severally, make monthly payments to the Holder on each Repayment Date, each such payment in the amount of $265,625 together with any accrued and unpaid Cash Interest Amount on such portion of the Principal Amount plus any and all other unpaid amounts which are then owing under this Note, the Security Agreement and/or any other Ancillary Agreement (collectively, the "Monthly Amount").

• In the event the Borrower incurs any Other Indebtedness, the Borrower shall not at any time pay interest in cash with respect to such Other Indebtedness in excess of the Other Indebtedness Cash Interest Amount as of such time.

More Definitions of Cash Interest Amount

Cash Interest Amount. Exhibit A -45-

Cash Interest Amount means interest equal to 5% per annum of the then outstanding principal amount of this Note.

Cash Interest Amount means the maximum amount of Available Funds available to be paid by the Borrower to the Lender on an Interest Payment Date after setting aside the amount of Cash needed in order to satisfy the Minimum Liquidity Headroom Requirement on such Interest Payment Date, and provided always that such amount shall not exceed an amount equal to the Cash Interest payable on such Interest Payment Date;

Cash Interest Amount means, with respect to any Interest Payment Date, the amount of interest required to be paid on such Interest Payment Date in cash.