Excess Cash Certificate definition

Excess Cash Certificate means a certificate substantially in the form of Exhibit I.
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Excess Cash Certificate means a certificate in the form set out in Schedule 7 (Form of Excess Cash Certificate) or in any other form agreed between the Borrower and the Facility Agent (acting on the instructions of the Majority Lenders) to be provided by the Borrower to the Facility Agent, together with the management accounts to be provided by the Borrower pursuant to Clause 18.2 (Management Accounts), within 60 days from each Quarter End Date, evidencing, on the basis of such management accounts, the amount of Excess Cash in respect of the relevant Cash Sweep Period:
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Excess Cash Certificate means, in relation to a Calculation Period, a certificate setting out a detailed calculation, analysis and breakdown of the Agreed Expenses and the Excess Cash (if any) in respect of that Calculation Period;
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Examples of Excess Cash Certificate in a sentence

  • Terms defined in the Agreement have the same meaning when used in this Excess Cash Certificate unless given a different meaning in this Excess Cash Certificate.

  • Together with each delivery of Financial Statements of Holdings and its Subsidiaries pursuant to Sections 4.5(a) and (b), Borrower will deliver a fully and properly completed Compliance, Pricing and Excess Cash Certificate (in substantially the same form as Exhibit 4.5(m) (the "Compliance, Pricing and Excess Cash Certificate") signed by Borrower's chief executive officer or chief financial officer.

  • If Holdings' Leverage Ratio at the end of any Fiscal Year is equal to or greater than 1.00 to 1.00 (determined by reference to the Compliance, Pricing and Excess Cash Certificate delivered pursuant to Section 4.5(m) for such Fiscal Year), commencing with the Fiscal Year ended December 31, 2004, within five (5) Business Days after such certificate is required to be delivered, Borrower shall prepay the Loans in an amount equal to the Excess Cash for such Fiscal Year.

  • For any Calculation Period falling after 28 September 2017, the Borrower shall calculate the amount of Excess Cash for such Calculation Period and it will provide the Bank, no later than five (5) days after the end of such Calculation Period, with an Excess Cash Certificate in respect of that Calculation Period.

  • If upon receipt of the Excess Cash Certificate by the Facility Agent, the Excess Cash amount is a positive figure, the Borrower shall pay the respective Repayment Instalment on the next Repayment Date falling due after receipt of such Excess Cash Certificate for further application towards repayment of the Loan on that Repayment Date.

  • Defined terms used in this Excess Cash Certificate (this "Certificate") have the meaning set forth in the Credit Agreement.


More Definitions of Excess Cash Certificate

Excess Cash Certificate has the meaning assigned to such term in Section 8.01(s).
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Excess Cash Certificate as defined in Section 6.2(f).
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