Excess Cash Payment Amount definition

Excess Cash Payment Amount means (i) the Excess Cash Amount, minus (ii) Minority Interest Cash minus (iii) Repatriation Friction.
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Excess Cash Payment Amount means (i) the Excess Cash Amount, minus (ii) Minority Interest Cash minus (iii) Repatriation Friction. “Excluded Contract” shall mean each of the Contracts set forth on Schedule IV.
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Excess Cash Payment Amount means, for any Excess Cash Payment Period, an amount equal to (i) the lesser of (a) the Group Excess Cash Amount for such Excess Cash Payment Period and (b) the Credit Party Excess Cash Amount for such Excess Cash Payment Period minus (ii) the sum of (x) all voluntary prepayments of Term Loans, scheduled mandatory prepayments of Term Loans pursuant to Section 5.02A(a) and voluntary permanent reductions of the Total Revolving Loan Commitment made in the year ending on the day immediately preceding the Excess Cash Payment Date for such Excess Cash Payment Period (other than repayments made with the proceeds of sales of fixed assets, equity issuances, insurance or Indebtedness other than Loans) and (y) $250,000; provided that the Excess Cash Payment Amount for such Excess Cash Payment Period shall be zero if such difference is a negative number.
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Examples of Excess Cash Payment Amount in a sentence

  • The Excess Cash Payment Amount as determined after all disputes have been resolved in accordance with this Section 2.12 is referred to herein as the “Final Excess Cash Payment Amount”.

  • The Excess Cash Payment Amount shall be paid in cash by April 30, with the first Excess Cash Payment Amount due on April 30, 2021.

Related to Excess Cash Payment Amount

  • Excess Cash Amount means, as of any Excess Cash Measurement Date, (a) the total amount of Unrestricted Cash, less (b) the sum of (i) the applicable Minimum Cash Threshold hereto corresponding to such Excess Cash Measurement Date, (ii) the total amount of scheduled payments due by OEC and its Subsidiaries, taken as a whole, under (x) the New Notes and (y) any other Permitted Indebtedness in each case in the subsequent twelve (12) month period, (iii) projected expenses for the Issuer to conduct its operations during the subsequent twelve (12) month period, including any foreign currency conversion expenses and (iv) for any Excess Cash Measurement Date through (and including) December 31, 2024, any Fines due by OEC and its Subsidiaries for the subsequent twelve (12) month period; less (c) an amount equal to the Required Gross-Up; provided that any items already deducted from cash and short-term investments of OEC and its Subsidiaries for purposes of determining Unrestricted Cash shall not be deducted again for purposes of determining the Excess Cash Amount.

  • Excess Cash Payment Date means the date occurring 95 days after the last day of each Fiscal Year of Holdings (commencing with the Fiscal Year of Holdings ended December 31, 2010).

  • CVR Payment Amount means with respect to each CVR Payment and each Holder, an amount equal to such CVR Payment divided by the total number of CVRs and then multiplied by the total number of CVRs held by such Holder as reflected on the CVR Register.

  • Cash Flow Distribution Amount As to any calendar month, the aggregate amount of principal distributable in respect of the Mortgage Securities in such calendar month.

  • Principal Payment Amount For any Distribution Date, the sum of (i) the scheduled principal payments (if any) on the Mortgage Loans due on the related Due Date, (ii) the principal portion of proceeds received with respect to any Mortgage Loan which was purchased or repurchased pursuant to a Purchase Obligation or as permitted by this Agreement during the Prior Period and (iii) any other unscheduled payments of principal which were received with respect to any Mortgage Loan during the Prior Period, other than Payoffs, Curtailments, Liquidation Principal and Subsequent Recoveries.