Common use of Excess Cash Flow Recapture Clause in Contracts

Excess Cash Flow Recapture. Commencing with the fiscal year ending on or after February 28, 2008, the Borrower shall pay to the Administrative Agent, for the respective accounts of the Lenders as provided in §4.5, an amount equal to fifty percent (50%) of the Consolidated Excess Cash Flow if the Total Leverage Ratio as at the last day of such fiscal year is equal to or greater than 6.00:1.00, such prepayment to be due five (5) days after receipt of the audited financial statements delivered pursuant to §9.4(a) but in any event no later than one hundred (100) days after the end of each applicable fiscal year and to be applied to prepay the Loans in the manner set forth in §4.5.

Excess Cash Flow Recapture. Commencing with the If for each fiscal year ending on or after February 28, 20082007, there shall be Consolidated Excess Cash Flow and if the Total Leverage Ratio as at the last day of such fiscal year is equal to or greater than 6.50:1.00, the Borrower shall pay to the Administrative Agent, for the respective accounts of the Lenders as provided in §4.5, an amount equal to fifty percent (50%) of the Consolidated Excess Cash Flow if the Total Leverage Ratio as at the last day of for such fiscal year is equal to or greater than 6.00:1.00year, such prepayment to be due five (5) days after receipt of the audited financial statements delivered pursuant to §9.4(a) but in any event no later than one hundred (100) days after the end of each applicable fiscal year and to be applied to prepay the Loans in the manner set forth in §4.5.

Excess Cash Flow Recapture. Commencing with the If for each fiscal year ending on or after February 2829, 20082004, the Borrower there shall pay to the Administrative Agent, for the respective accounts of the Lenders as provided in §4.5, an amount equal to fifty percent (50%) of the be Consolidated Excess Cash Flow and if the Total Leverage Ratio as at the last day of such fiscal year is equal to or greater than 6.00:1.00, the Borrower shall pay to the Administrative Agent, for the respective accounts of the Lenders as provided in ss.5.5, an amount equal to fifty percent (50%) of Consolidated Excess Cash Flow for such fiscal year, such prepayment to be due five (5) days after receipt of the audited financial statements delivered pursuant to §9.4(ass.10.4 (a) but in any event no later than one hundred and twenty five (100125) days after the end of each applicable fiscal year and to be applied to prepay the Loans in the manner set forth in §4.5ss.5.5.