Amortization. No amortization obligation in year one; thereafter, annual cash flow sweep pursuant to which 75% of excess cash will be applied to repay indebtedness at par, subject to the terms and conditions of the ABL Credit Facility.
Appears in 7 contracts
Sources: Alternative Recapitalization Support Agreement (Catalyst Paper Corp), Alternative Recapitalization Support Agreement (Oaktree Capital Group Holdings GP, LLC), Alternative Recapitalization Support Agreement (Mudrick Capital Management, L.P.)