Maximum Restricted Payment Amount
Maximum Restricted Payment Amount. Means the sum of (i) $358,874,000, plus (ii) 50% of the Consolidated Net Income from and after September 30, 1999 until any relevant measurement date, plus (iii) the Net Cash Proceeds received by the Borrower from the exercise of stock warrants or options by current or former employees or directors of the Borrower in respect of Capital Stock of the Borrower from and after June 30, 1999.
All Definitions
Found in
WESTPOINT STEVENS INC contract