Common use of Commitments Exceeded Clause in Contracts

Commitments Exceeded. If, on any Reset Date, the Dollar Equivalent of the aggregate Revolving Credit Exposures exceeds the aggregate Revolving Credit Commitments, the Borrower shall immediately prepay on such Reset Date outstanding Revolving Loans in an amount so that, after giving effect to any such prepayment, the Dollar Equivalent of the aggregate Revolving Credit Exposures does not exceed the aggregate Revolving Credit Commitments (and if the Revolving Loans cannot be repaid to eliminate such excess due to the amount of LC Exposure that exists at such time, the Borrower shall deposit with the Administrative Agent sufficient cash collateral to cover such excess).