Excess Credit Exposure Sample Clauses

Excess Credit Exposure. If at any time the Revolving Loan exceeds the limits set forth in Section 2.1, the Borrower shall within one Banking Day pay the amount of such excess to the Agent for the account of the Lenders. If at any time the Letter of Credit Exposure exceeds the limits set forth in Section 2.5, the Borrower shall within one Banking Day pay the amount of such excess to the Agent for the account of the Lenders to be applied as provided in Section 4.5.
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Excess Credit Exposure. If at any time the Revolving Loan exceeds the limits set forth in Section 2.1, the Borrower shall within three Banking Days pay the amount of such excess to the Agent for the account of the Lenders.
Excess Credit Exposure. If at any time the Acquisition Loan or the Working Capital Loan exceeds the limit set forth in Section 2.1.2 or 2.2.2, respectively, the Borrower shall within three Banking Days pay the amount of such excess to the Administrative Agent, for the account of the Banks.
Excess Credit Exposure. If at any time the sum of the aggregate principal amount of the Revolving Loans plus the aggregate principal amount of the Swingline Loans plus the Letter of Credit Exposure exceeds the lesser of (a) the Borrowing Base and (b) the aggregate of Revolving Commitments (whether drawn or undrawn) of all the Revolving Lenders, the Company will within three Banking Days pay the amount of such excess to the Swingline Lender as a prepayment of the Swingline Loan. If after prepayment of the Swingline Loan there is any such excess amount remaining, the Company will immediately pay the amount of such excess to the Administrative Agent as a prepayment of the Revolving Loans. If after prepayment of the Revolving Loans there is any such excess amount still remaining, the Company will deposit with the Administrative Agent an amount of cash equal to such excess to collateralize outstanding Letters of Credit. If at any time the Swingline Loans exceed $35,000,000, the Company will within three Banking Days pay the amount of such excess to the Swingline Lender.
Excess Credit Exposure. If at any time the Revolving Loan exceeds the limits set forth in Section 2.1, the Borrowers shall within three Banking Days pay the amount of such excess to the Agent for the account of the Lenders.
Excess Credit Exposure. If at any time the sum of the Revolving Loan plus the Swingline Loan plus the Letter of Credit Exposure exceeds the lesser of (a) the Borrowing Base or (b) the Maximum Amount of Revolving Credit, the Company will within three Banking Days pay the amount of such excess to the Swingline Lender as a prepayment of the Swingline Loan. If after prepayment of the Swingline Loan there is any such excess amount remaining, the Company will immediately pay the amount of such excess to the Agent as a prepayment of the Revolving Loan. If after prepayment of the Revolving Loan there is any such excess amount still remaining, the Company will deposit with the Agent an amount of cash equal to such excess to collateralize outstanding Letters of Credit. If at any time the Swingline Loan exceeds $20,000,000, the Company will within three Banking Days pay the amount of such excess to the Swingline Lender.
Excess Credit Exposure. If at any time the Loan exceeds the ---------------------- Maximum Amount of Revolving Credit, the Company will within three Banking Days pay the amount of such excess to the Agent for the account of the Lenders. If at any time the Swingline Loan exceeds $20,000,000, the Company will within three Banking Days pay the amount of such excess to the Swingline Lender.
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Excess Credit Exposure. If at any time the Revolving Loan exceeds the limits set forth in Section 2.1 or the Acquisition Loan exceeds the limits set forth in Section 2.2, the Company shall within one Banking Day after actual knowledge by a Financial Officer or notice from the Agent pay the amount of such excess to the Agent as a prepayment of the Revolving Loan or the Acquisition Loan, as the case may be. If at any time the Letter of Credit Exposure exceeds the limits set forth in Section 2.3, the Company shall within one Banking Day after actual knowledge by a Financial Officer or notice from the Agent pay the amount of such excess to the Agent to be applied as provided in Section 4.4.
Excess Credit Exposure. If at any time the sum of the Revolving Loan plus the Money Market Loans plus the Swingline Loan plus the Letter of Credit Exposure plus Irish Loan Equivalents exceeds the Maximum Amount of Revolving Credit, the Company will promptly pay the amount of such excess as a prepayment of the Swingline Loan or the Revolving Loan or the Money Market Loans, as the case may be.
Excess Credit Exposure. If at any time the sum of the Revolving Loan, the Swingline Loan and the Letter of Credit Exposure exceeds the Maximum Amount of Revolving Credit, whether as a result of voluntary reductions pursuant to Section 2.1 or otherwise, the Borrowers will promptly pay the amount of such excess to the Agent for the account of the Lenders.
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