Prepayments and Reductions from. Consolidated Excess Cash -------------------------------------------------------- Flow. In the event that there shall be Consolidated Excess Cash Flow ---- for any Fiscal Year, the applicable Borrower shall, no later than 90 days after the end of such Fiscal Year, prepay the Loans and/or the Revolving Loan Commitments shall be permanently reduced in an aggregate amount equal to 50% of such Consolidated Excess Cash Flow.
Appears in 2 contracts
Sources: Credit Agreement (Hines Holdings Inc), Credit Agreement (Hines Horticulture Inc)