Example ContractsClausesECF Percentage
ECF Percentage
ECF Percentage contract clause examples

ECF Percentage” has the meaning specified in Section 2.03(b)(i).

ECF Percentage” has the meaning specified in Section 2.05(b)(i).

ECF Percentage” means, with respect to the prepayment required by Section 2.11(d) with respect to any fiscal year of the Borrower, if the Consolidated Senior Secured First Lien Net Leverage Ratio (prior to giving effect to the applicable prepayment pursuant to Section 2.11(d), but after giving effect to any voluntary prepayments made pursuant to Section 2.11(a) prior to the date of such prepayment) as of the end of such fiscal year is (a) greater than 3.50 to 1.00, 50% of Excess Cash Flow for such fiscal year, (b) greater than 3.00 to 1.00 but less than or equal to 3.50 to 1.00, 25% of Excess Cash Flow for such fiscal year and (c) less than or equal to 3.00 to 1.00, 0% of Excess Cash Flow for such fiscal year.

ECF Percentage” has the meaning specified in Section 2.03(b)(i).

ECF Percentage”: with respect to any Excess Cash Flow Period, 50.0%; provided, that (i) the ECF Percentage shall be 25.0% if the Total Leverage Ratio as of the last day of such Excess Cash Flow Period is less than or equal to 2.50:1.00 and greater than 2.00:1.00 and (ii) the ECF Percentage shall be 0.0% if the Total Leverage Ratio as of the last day of such Excess Cash Flow Period is less than or equal to 2.00:1.00.

ECF Percentage” means 50%; provided, that the foregoing percentage shall be reduced for any applicable payment period to 25% if the Consolidated Leverage Ratio is less than 2.50:1.00 as of the last day of the last fiscal quarter of such payment period, and shall be reduced to 0% if less than 2.00:1.00 as of the last day of the last fiscal quarter of such payment period.

ECF Percentage” means, for any fiscal year, commencing with the fiscal year ended September 30, 2017, (a) 50% if the Total Leverage Ratio as of the last day of such fiscal year is greater than 4.50 to 1.00, (b) 25% if the Total Leverage Ratio as of the last day of such fiscal year is equal to or less than 4.50 to 1.00 and greater than 3.50 to 1.00 and (c) 0% if the Total Leverage Ratio as of the last day of such fiscal year is equal to or less than 3.50 to 1.00.

ECF Percentage” means 50%; provided, that, with respect to any fiscal year of the Borrower, the ECF Percentage shall be reduced to (a) 25% if the Total Net Leverage Ratio as of the last day of such fiscal year is less than or equal to 4.25 to 1.00 but greater than 3.25 to 1.00 and (b) 0% if the Total Net Leverage Ratio as of the last day of such fiscal year is less than or equal to 3.25 to 1.0.

ECF Percentage” has the meaning specified in Section 2.04(b)(i).

ECF Percentage” means, with respect to any Fiscal Year of the Borrower ending on or after January 31, 2015, 50%; provided that the ECF Percentage shall be reduced to (i) 25%,

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