First Lien ECF Prepayment Amount definition

First Lien ECF Prepayment Amount means for any fiscal year, any voluntary prepayments or repurchases or other voluntary retirements of First Lien Loans and any other Indebtedness having Senior Lien Priority (except prepayments of any revolving loans unless accompanied by a corresponding permanent commitment reduction), including any voluntary prepayments or repurchases or other voluntary retirements at a discount to par of First Lien Loans or other Indebtedness having Senior Lien Priority (excluding amounts so prepaid, repurchased or otherwise retired in excess of the actual cash amount paid in any such prepayment, repurchase or other retirement), in each case, (1) made during such fiscal year (which, in any event, shall not include any designated prepayment pursuant to clause (2) below), or (2) made during the period beginning with the day following the last day of such fiscal year and ending on the ECF Payment Date and stated by the Borrower to be prepaid, repurchased or otherwise retired pursuant to this clause (2).
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First Lien ECF Prepayment Amount for any Fiscal Year, any voluntary or mandatory prepayments, repayments, repurchases or other retirements of First Lien Term Loans and any Senior Priority Indebtedness (including, in each case, any revolving loans to the extent any commitments with respect thereto are permanently reduced), including any prepayments, repayments, repurchases or other retirements of First Lien Term Loans or Senior Priority Indebtedness at a discount to par (with credit given to the actual cash amount of the prepayment, repayment, repurchase or other retirement), in each case, (1) made during such Fiscal Year, or (2) at the Borrower’s option and without duplication, made during the period beginning with the day following the last day of such Fiscal Year and ending on the ECF Payment Date, or (3) required under the terms thereof to be made based on Excess Cash Flow or “excess cash flow” or a percentage thereof for such Fiscal Year.
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First Lien ECF Prepayment Amount for any Fiscal Year, any voluntary, mandatory or amortization prepayments, repayments, repurchases or other retirements of First Lien Loans and any Senior Priority Indebtedness (including, in each case, any revolving loans to the extent any commitments with respect thereto are permanently reduced), including any prepayments, repayments, repurchases or other retirements of First Lien Loans or Senior Priority Indebtedness at a discount to par (with credit given to the actual cash amount of the prepayment, repayment, repurchase or other retirement), in each case, (1) made during such Fiscal Year, or
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More Definitions of First Lien ECF Prepayment Amount

First Lien ECF Prepayment Amount for any Fiscal Year, any voluntary, mandatory or amortization payments, prepayments, repayments, repurchases or other retirements of First Lien Loans and any Senior Priority Indebtedness (including, in each case, any revolving loans to the extent any commitments with respect thereto are permanently reduced, but excluding any payment, prepayments, repayments, repurchases or retirements that were funded with the proceeds of an Incurrence of long-term Indebtedness), including any payments, prepayments, repayments, repurchases or other retirements of First Lien Loans or Senior Priority Indebtedness at a discount to par (with credit given to the actual cash amount of the prepayment, repayment, repurchase or other retirement), in each case, (1) made during such Fiscal Year, or (2) at the Borrower’s option and without duplication, made during the period beginning with the day following the last day of such Fiscal Year and ending on the ECF Payment Date, or (3) required under the terms of the First Lien Loans or such Senior Priority Indebtedness to be made based on Excess Cash Flow or “excess cash flow” or a percentage thereof for such Fiscal Year.
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Related to First Lien ECF Prepayment Amount

  • ECF Prepayment Amount has the meaning assigned to such term in Section 2.11(b)(i).

  • Mandatory Prepayment Amount for any Debentures shall equal the sum of (i) the greater of: (A) 130% of the principal amount of Debentures to be prepaid, plus all accrued and unpaid interest thereon, or (B) the principal amount of Debentures to be prepaid, plus all other accrued and unpaid interest hereon, divided by the Conversion Price on (x) the date the Mandatory Prepayment Amount is demanded or otherwise due or (y) the date the Mandatory Prepayment Amount is paid in full, whichever is less, multiplied by the VWAP on (x) the date the Mandatory Prepayment Amount is demanded or otherwise due or (y) the date the Mandatory Prepayment Amount is paid in full, whichever is greater, and (ii) all other amounts, costs, expenses and liquidated damages due in respect of such Debentures.

  • Reinvestment Prepayment Amount with respect to any Reinvestment Event, the Reinvestment Deferred Amount relating thereto less any amount expended prior to the relevant Reinvestment Prepayment Date to acquire or repair assets useful in the Borrower’s business.

  • Principal Prepayment Amount For any Distribution Date and for any Loan Group, the sum with respect to the Mortgage Loans in such Loan Group of (i) Curtailments received during the Prior Period from such Mortgage Loans and (ii) Payoffs received during the Payoff Period from such Mortgage Loans.

  • Specified Discount Prepayment Amount has the meaning set forth in Section 2.05(a)(v)(B)(1).

  • Debt Prepayment Application means, with respect to any asset disposition, the application by the Company or any Subsidiary thereof of cash in an amount equal to the Net Proceeds Amount (or portion thereof) with respect to such asset disposition to pay Senior Indebtedness of the Company or such Subsidiary.

  • Acceptable Prepayment Amount has the meaning set forth in Section 2.05(a)(v)(D)(3).

  • Discount Range Prepayment Amount has the meaning set forth in Section 2.05(a)(v)(C)(1).

  • Reinvestment Prepayment Date with respect to any Reinvestment Event, the earlier of (a) the date occurring twelve months after such Reinvestment Event and (b) the date on which the Borrower shall have determined not to, or shall have otherwise ceased to, acquire or repair assets useful in the Borrower’s business with all or any portion of the relevant Reinvestment Deferred Amount.

  • Prepayment Amount means the amount required to prepay the Annual Special Tax obligation in full for an Assessor’s Parcel as described in Section G.

  • Partial Prepayment Amount means the amount required to prepay a portion of the Annual Special Tax obligation for an Assessor’s Parcel as described in Section H.

  • Debt Incurrence Prepayment Event means any issuance or incurrence by the Borrower or any of the Restricted Subsidiaries of any Indebtedness (excluding any Indebtedness permitted to be issued or incurred under Section 10.1 other than Section 10.1(w)(i)).

  • Repayment Amount means the amount to be paid by the Recipient to the OPWC on each payment date of each year during the Term pursuant to the terms and conditions of the Note.

  • Senior Prepayment Percentage For any Distribution Date during the five years beginning on the first Distribution Date, 100%. The Senior Prepayment Percentage for any Distribution Date occurring on or after the fifth anniversary of the first Distribution Date will, except as provided herein, be as follows: for any Distribution Date in the first year thereafter, the Senior Percentage plus 70% of the Subordinated Percentage for such Distribution Date; for any Distribution Date in the second year thereafter, the Senior Percentage plus 60% of the Subordinated Percentage for such Distribution Date; for any Distribution Date in the third year thereafter, the Senior Percentage plus 40% of the Subordinated Percentage for such Distribution Date; for any Distribution Date in the fourth year thereafter, the Senior Percentage plus 20% of the Subordinated Percentage for such Distribution Date; and for any Distribution Date thereafter, the Senior Percentage for such Distribution Date (unless on any Distribution Date the Senior Percentage exceeds the initial Senior Percentage, in which case the Senior Prepayment Percentage for such Distribution Date will once again equal 100%). Notwithstanding the foregoing, no decrease in the Senior Prepayment Percentage will occur unless both of the Senior Step Down Conditions are satisfied.

  • Mandatory Prepayment Date as defined in Section 2.12(e).

  • Subordinated Prepayment Percentage As to any Distribution Date, 100% minus the Senior Prepayment Percentage for such Distribution Date.

  • Net Prepayment Interest Shortfall For any Distribution Date, the amount by which the sum of the Prepayment Interest Shortfalls exceeds the sum of the Compensating Interest payments made on such Distribution Date.

  • Borrower Offer of Specified Discount Prepayment means the offer by any Company Party to make a voluntary prepayment of Term Loans at a Specified Discount to par pursuant to Section 2.05(a)(v)(B).

  • Net Aggregate Prepayment Interest Shortfall With respect to any Distribution Date, the amount, if any, by which (a) the aggregate of all Prepayment Interest Shortfalls incurred in connection with the receipt of Principal Prepayments on the Mortgage Loans during the related Due Period, exceeds (b) the aggregate amount deposited by the Master Servicer in the Certificate Account for such Distribution Date pursuant to Section 3.19 in connection with such Prepayment Interest Shortfalls.

  • Specified Discount Prepayment Notice means an irrevocable written notice of a Borrower Offer of Specified Discount Prepayment made pursuant to Section 2.11(a)(ii)(B) substantially in the form of Exhibit I.

  • Applicable Prepayment Premium has the meaning specified therefor in the Fee Letter.

  • Proposed Discounted Prepayment Amount has the meaning specified in Section 2.05(d)(ii).

  • Class B-5 Prepayment Percentage As to any Distribution Date, except as set forth in the next sentence, the percentage calculated by multiplying (i) the Subordinated Prepayment Percentage by (ii) a fraction, the numerator of which is the Class B-5 Principal Balance (determined as of the Determination Date preceding such Distribution Date) and the denominator of which is the sum of the Principal Balances of the Classes of Class B Certificates eligible to receive principal distributions for such Distribution Date in accordance with the provisions of Section 4.01(d). Except as set forth in Section 4.01(d)(ii), in the event that the Class B-5 Certificates are not eligible to receive distributions of principal in accordance with Section 4.01(d)(i), the Class B-5 Prepayment Percentage for such Distribution Date will be zero.

  • Excess Prepayment Interest Shortfall With respect to any Distribution Date, the aggregate of any Prepayment Interest Shortfalls resulting from any Principal Prepayments made on the Mortgage Loans to be included in the Aggregate Available Funds for such Distribution Date that are not covered by the Master Servicer’s Compensating Interest Payment for such Distribution Date and/or the portion of any compensating interest payments allocable to any Outside Serviced Mortgage Loan to the extent received from the related Outside Master Servicer.

  • Required Prepayment Lenders the Majority Facility Lenders in respect of each Facility.

  • Permitted Prepayment Date means the Business Day after the second (2nd) anniversary of the first Payment Date