Common use of Commitment Overadvance Clause in Contracts

Commitment Overadvance. If at any time the aggregate amount of Revolving Loan Exposure exceeds the aggregate amount of the Revolving Loan Commitments, the Borrowers shall within two (2) Business Days after demand pay to the Agent for the account of the Revolving Lenders the amount of such excess.

Appears in 1 contract

Sources: Credit Agreement (Lexington Realty Trust)

Commitment Overadvance. If at any time the aggregate amount of Revolving Loan Exposure exceeds the aggregate amount of the Revolving Loan Commitments, the Borrowers shall within two (2) Business Days after demand pay to the Agent for the account of the Revolving Lenders the amount of such excess.

Appears in 1 contract

Sources: Credit Agreement (Lexington Realty Trust)