Common use of Aggregate outstandings exceed the Borrowing Base Amount Clause in Contracts

Aggregate outstandings exceed the Borrowing Base Amount. (A) In the event that a Forecast shows that the aggregate of the outstandings under the Facility on the relevant Forecast Date exceeds the Borrowing Base Amount as determined in such Forecast, the Borrower shall, within 90 days of the date of the relevant Forecast (in addition to Repayment Instalments under the Amortisation Schedule), make an additional mandatory repayment of the Facility as necessary to ensure that the aggregate of the outstandings under the Facility does not exceed the Borrowing Base Amount provided always that:

Appears in 2 contracts

Samples: Intercompany Loan Agreement (Kosmos Energy Ltd.), Facility Agreement (Kosmos Energy Ltd.)

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Aggregate outstandings exceed the Borrowing Base Amount. (A) In the event that a Forecast shows that the aggregate of the outstandings under the Facility on the relevant Forecast Date exceeds the Borrowing Base Amount as determined in such Forecast, the a Borrower shall, within 90 days of the date of the relevant Forecast (in addition to Repayment Instalments under the Amortisation Schedule), make an additional mandatory repayment of the Facility as necessary to ensure that the aggregate of the outstandings under the Facility does not exceed the Borrowing Base Amount provided always that:

Appears in 1 contract

Samples: Facility Agreement (Kosmos Energy Ltd.)

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Aggregate outstandings exceed the Borrowing Base Amount. (A) In the event that a Forecast shows that the aggregate of the outstandings under the Facility Senior Facilities on the relevant Forecast Date exceeds the Borrowing Base Amount as determined in such Forecast, the Borrower shall, within 90 days of the date of the relevant Forecast (in addition to Repayment Instalments under the Amortisation Schedule), make an additional mandatory repayment of the Facility Senior Facilities as necessary to ensure that the aggregate of the outstandings under the Facility Senior Facilities does not exceed the Borrowing Base Amount provided always that:

Appears in 1 contract

Samples: Common Terms Agreement (Kosmos Energy Ltd.)

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