Total Prepayment Amount as of any date of determination, an amount ----------------------- equal to all Net Cash Proceeds received by the Borrower and its Subsidiaries after the Effective Date that have not become Reinvested Proceeds during the applicable Reinvestment Periods for such Net Cash Proceeds and with respect to which the applicable Reinvestment Periods have terminated; provided, however, ------------------ that the "Total Prepayment Amount" shall exclude (i) an aggregate of $5,000,000 in Net Cash Proceeds received by the Borrower and its Subsidiaries after the Effective Date that have not become Reinvested Proceeds during the applicable Reinvestment Periods for such Net Cash Proceeds and (ii) the portion of such Net Cash Proceeds that has been applied to the prepayment of the Term Loans and the reduction of the Revolving Credit Commitments pursuant to Section 2.4(d) (including amounts for which the applicable prepayment was waived by the Lenders pursuant to Section 2.4(d)(iii)).
Total Prepayment Amount has the meaning assigned to such term in Section 7.03(b).
Total Prepayment Amount has the meaning specified in the Fee Letter.
Examples of Total Prepayment Amount in a sentence
Such Required Mandatory Prepayment Amount shall include any fees payable pursuant to the Fee Letter (including without limitation the applicable Total Prepayment Amount).
All amounts owed hereunder with respect to any Term Loans, including the Total Prepayment Amount, shall be paid in accordance with the payment terms set forth herein (including, without limitation, payment terms with respect to interest payments set forth in Section 2.5 and mandatory prepayments, if any, set forth in Section 2.10) and in the Fee Letter, and, in any event, the Term Loan (inclusive of Capitalized Interest) shall be paid in full in Cash no later than the Maturity Date.
More Definitions of Total Prepayment Amount
Total Prepayment Amount with respect to any Asset Sale as of any ----------------------- date of determination, the amount equal to the greater of (A) zero, and (B) the difference between (x) the Adjusted Net Cash Proceeds from such Asset Sale, minus (y) the Threshold Amount. -----
Total Prepayment Amount as defined in Section 4.2(e).
Total Prepayment Amount has the meaning set forth in Section 3.3A(iii).
Total Prepayment Amount means, with respect to any prepayment required to be made on any date pursuant to (a) Section 3.1(d), the positive difference, if any of (i) Net Proceeds in excess of $1,000,000 received by the Borrowers and their Subsidiaries with respect to all Dispositions occurring since the Closing Date and not previously applied to prepayments of Loans and Unreimbursed Amounts and cash collateralization of the Letters of Credit pursuant to Section 3.1(d)minus (ii) Net Proceeds from any Disposition or series of Dispositions the proceeds of which were used within 90 days of the earlier of the receipt of such Net Proceeds or the consummation of such Disposition or series of Dispositions to replace the assets or property that were the subject of such Disposition or series of Dispositions, (b) Section 3.1(e), the positive difference, if any, of (i) any insurance proceeds received by a Borrower in connection with a Loss Event with respect to a Vessel minus (ii) the amount of such proceeds applied or permitted to be applied by such Borrower to pay the cost of restoration or repair of such Vessel in accordance with Section 3(h) of the Cash Collateral Control Agreement, and (c) Section 3.1(f).
Total Prepayment Amount of each Permitted Asset Sale shall, for purposes hereof and the Revolving Credit Agreement, be the amount of the Net Cash Proceeds of such Permitted Asset Sale.