Committed Amounts Sample Clauses

Committed Amounts. If at any time (A) the aggregate principal amount of Obligations shall exceed the Aggregate Revolving Committed Amount, (B) the aggregate amount of LOC Obligations shall exceed the LOC Committed Amount or (C) the aggregate principal amount of Swingline Loans shall exceed the Swingline Committed Amount, the Borrower shall promptly, and in any event within five days, make payment on the Revolving Loans, on the Swingline Loans and/or to a cash collateral account in respect of the LOC Obligations, in an amount sufficient to eliminate the difference.
AutoNDA by SimpleDocs
Committed Amounts. The obligation of the Stand-by Purchaser to subscribe for Stand-by Shares shall be limited to, and shall not exceed in the aggregate, $4,000,000 (the “Committed Amount”), and the Stand-by Purchaser shall be liable to subscribe for the Stand-by Shares, at the Subscription Price per share, up to and not exceeding, in the aggregate, the Committed Amount.
Committed Amounts. If at any time, (A) the sum of the aggregate principal amount of the Obligations outstanding shall exceed the lesser of (x) the Aggregate Committed Amount and (y) the Borrowing Base, (B) the amount of LOC Obligations outstanding shall exceed the LOC Committed Amount or (C) the amount of Swingline Loans outstanding shall exceed the Swingline Committed Amount, the Borrower shall immediately make payment on the Revolving Loans, the Swingline Loans and/or to a cash collateral account (any such account into which cash collateral is deposited by the Borrower, a "cash collateral account") in respect of the LOC Obligations, in an amount sufficient to eliminate the deficiency; provided, however, to the extent payment on the Revolving Loans and/or to a cash collateral account in respect of the LOC Obligations is not sufficient to eliminate such deficiency, the Borrower shall make payment on the Term Loans in an amount sufficient to eliminate the deficiency and a corresponding permanent reduction in the Revolving Committed Amount. The Borrower hereby grants to the Administrative Agent, for the ratable benefit of the Secured Parties, a continuing security interest in all amounts at any time on deposit in any and all cash collateral accounts to secure all LOC Obligations from time to time outstanding and all other Credit Party Obligations hereunder.
Committed Amounts. If on any day the aggregate outstanding principal amount of Loans exceeds the aggregate Committed Amounts, the Borrower shall prepay Loans in an aggregate principal amount not less than the amount of such excess. Any such prepayments shall be immediately due and payable on such day, without presentment, demand, protest or notice of any kind. Such prepayments shall be allocated among the Funding Segments of the Loans as the Borrower may designate or, absent such designation, as determined by the Administrative Agent.
Committed Amounts. Subject to the terms and conditions herein set forth, each Lender agrees, from time to time during the Commitment Period, to extend to the Borrower its ratable share of revolving credit loans (each a “Loan”), in an aggregate principal amount not to exceed its ratable share of the Loan Sublimit. Subject to the terms and conditions of this Credit Agreement, each such Loan may be repaid and, during the Commitment Period, reborrowed.
Committed Amounts. If at any time (i) the aggregate principal amount of Tranche A Revolving Loans shall exceed the Aggregate Tranche A Revolving Committed Amount, or (ii) the aggregate principal amount of Tranche B Revolving Loans shall exceed the Aggregate Tranche B Revolving Committed Amount, the Borrower shall immediately make payment on the Revolving Loans in an amount equal to the difference.
Committed Amounts. The "Swingline Current Availability" at any time shall be equal to the lesser of
AutoNDA by SimpleDocs
Committed Amounts. If at any time, (A) the sum of the aggregate principal amount of the Obligations outstanding shall exceed the Aggregate Committed Amount, (B) the amount of LOC Obligations outstanding shall exceed the LOC Committed Amount or (C) the amount of Swingline Loans outstanding shall exceed the Swingline Committed Amount, the Borrower shall immediately make payment on the Revolving Loans, the Swingline Loans and/or to a cash collateral account (any such account into which cash collateral is deposited by the Borrower, a "Cash Collateral Account") in respect of the LOC Obligations, in an amount sufficient to eliminate the deficiency; provided, however, to the extent payment on the Revolving Loans and/or to a cash collateral account in respect of the LOC Obligations is not sufficient to eliminate such deficiency, the Borrower shall make payment on the Term Loans in an amount sufficient to eliminate the deficiency and a corresponding permanent reduction in the Revolving Committed Amount. The Borrower hereby grants to the Administrative Agent, for the ratable benefit of the Secured Parties, a continuing security interest in all amounts at any time on deposit in any and all cash collateral accounts to secure all LOC Obligations from time to time outstanding and all other Credit Party Obligations hereunder.
Committed Amounts. (A) If at any time the aggregate principal Dollar Amount of Obligations shall exceed the Aggregate Revolving Committed Amount, then the Administrative Agent shall give notice thereof to the Borrower and immediately upon receipt of such notice the Borrower shall make payment on the Revolving Loans and/or Swingline Loans or make payment to a cash collateral account in respect of LOC Obligations in an amount sufficient to eliminate the excess.
Committed Amounts. If at any time (A) the aggregate principal ----------------- amount of Revolving Obligations shall exceed the Total Revolving Commitments, or (B) the aggregate amount of LOC Obligations shall exceed the LOC Committed Amount, the Borrower shall immediately make payment on the Revolving Loans and/or to a cash collateral account in respect of the LOC Obligations, in an amount sufficient to eliminate the difference.
Time is Money Join Law Insider Premium to draft better contracts faster.