Excess Net Cash Proceeds definition

Excess Net Cash Proceeds shall have the meaning assigned to such term in Section 2.10(c)(i).

Excess Net Cash Proceeds as defined in Section 2.10(c).

Excess Net Cash Proceeds means, without duplication, (x) the Net Cash Proceeds of any Asset Sale (or series of related Asset Sales) or Casualty Event to the extent that such Net Cash Proceeds exceed the Excess Net Cash Proceeds Transaction Threshold (and only such amounts in excess of the Excess Net Cash Proceeds Transaction Threshold shall constitute Excess Net Cash Proceeds) and (y) the Net Cash Proceeds of all Asset Sales and Casualty Events in any fiscal year to the extent that such Net Cash Proceeds exceed the Excess Net Cash Proceeds Annual Threshold (and only such amounts in excess of the Excess Net Cash Proceeds Annual Threshold shall constitute Excess Net Cash Proceeds).

Examples of Excess Net Cash Proceeds in a sentence

• Upon completion of such Asset Sale Offer, the amount of Excess Net Cash Proceeds shall be reset at zero.

• If the amount of Section 2.11(c) Excess Net Cash Proceeds exceeds the amount of Term Loans then outstanding, the Revolving Facility Commitments shall be reduced by the amount of such excess in accordance with Section 2.08(b).

• Simultaneously with the making of such Asset Sale Offer, DIMAC Holdings shall provide the Trustee and the Holders with an Officers' Certificate setting forth the Asset Sale Offer Price, the Asset Sale Date and the calculations used in determining the amount of Excess Net Cash Proceeds to be applied to the repurchase of the Notes.

• If, at the end of any such 12 month period, any portion of such Excess Net Cash Proceeds has not been so reinvested, the Borrower shall immediately make a prepayment of the outstanding Swing Line Revolving Loans and General Revolving Loans as provided above in an amount, conforming to the requirements as to amount of prepayments contained in section 5.1, at least equal to such remaining amount.

• In the event that such Borrower or a Subsidiary Loan Party (A) does not enter into a contract for such replacement, acquisition, improvement or repair on or before the last day of such 180 day period or (B) does not effect such replacement, acquisition, improvement or repair on or before the last day of such 360 day period, Borrowers shall within five (5) Business Days thereof make a prepayment of the Revolving Loans in an amount equal to such Excess Net Cash Proceeds.

More Definitions of Excess Net Cash Proceeds

Excess Net Cash Proceeds has the meaning specified in Section 8.3.

Excess Net Cash Proceeds means Net Cash Proceeds from Assets Sales which, together with all other Net Cash Proceeds from Asset Sales after January 1, 2000 (excluding the amount of such Net Cash Proceeds, if any, previously applied to reduce the Commitments pursuant to Section 2.8.2), exceed $10,000,000.

Excess Net Cash Proceeds and "Net Cash Proceeds" contained in Section 1.1 of the Credit Agreement are hereby deleted.

Excess Net Cash Proceeds with respect to the sale of an HFS/FPC Property only, the Net Cash Proceeds received by the Borrowers in connection with such sale in excess of the Allocated Loan Amount for such Property.

Excess Net Cash Proceeds means the amount of Net Cash Proceeds received by the Company in excess of $5.0 million in the aggregate since the Issue Date.

Excess Net Cash Proceeds means the amount, if any, by which the sum of the Net Cash Proceeds from (i) Permitted Debt issued after the Eleventh Amendment Effective Date and (ii) Equity Offerings (other than Equity Offerings constituting, and Equity Offerings the Net Cash Proceeds from which constitute, consideration or partial consideration paid by the Borrower for the Hxxxx Acquisition, the Maple Acquisition or the TCE Acquisition) made by any Credit Party or any Restricted Subsidiary after the Eleventh Amendment Effective Date exceeds the sum of (A) the aggregate principal amount of 2025 Senior Notes outstanding on the Eleventh Amendment Effective Date, (B) the unpaid accrued interest and premium thereon and (C) fees and expenses incurred in connection with the Redemption of the 2025 Senior Notes.

Excess Net Cash Proceeds means the aggregate amount of Collateral Net Cash Proceeds from one or more Collateral Dispositions that have not been used in accordance with clauses (A), (B), (C) or (D) of Section 4.17(a) prior to the occurrence of a Mandatory Redemption Event.