Foreign Excess Cash Flow definition

Foreign Excess Cash Flow has the meaning specified in Section 2.05(b)(viii).

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Foreign Excess Cash Flow has the meaning ascribed to it in Schedule 2 to Annex C.

Foreign Excess Cash Flow means the Excess Cash Flow of the Non-U.S. Subsidiaries determined on a consolidated basis as if a separate consolidated group, without regard to the Borrower or the Domestic Subsidiaries.

Examples of Foreign Excess Cash Flow in a sentence

• In the event of the occurrence and continuation of an Event of Default, Lender may require Borrower to make one or more Foreign Excess Cash Flow Payments on such date or dates as Lender shall determine.

• Any Foreign Excess Cash Flow Payment shall be applied to reduce the principal amount of the Revolving Loans then outstanding.

• All mandatory prepayments required to be made from Foreign Excess Cash Flow shall not be required until a date which is 60 Business Days following the date on which the mandatory prepayment set forth in Section 2.06(b)(ii)(C) is otherwise required to be paid.

• Any Foreign Excess Cash Flow Payment shall be applied to reduce the principal amount of the Revolving Loans then outstanding, until reduced to zero and then to the Term Loan in the inverse order of maturity, until reduced to zero.

More Definitions of Foreign Excess Cash Flow

Foreign Excess Cash Flow would be (x) prohibited, restricted or delayed by applicable local law or (y) restricted by applicable material constituent documents of a Foreign Subsidiary that is not Wholly-Owned and not created in contemplation of this Section 2.05(c)(vi), an amount equal to the Net Cash Proceeds or Excess Cash Flow that would be so affected were the Borrower to attempt to repatriate such cash will not be required to be applied to repay the Obligations at the times provided in this Section 2.05(c) so long, but only so long, as the applicable local law or applicable material constituent documents would not otherwise permit repatriation to the United States and