Excess of Maximum Credit Sample Clauses
Excess of Maximum Credit. In the event that, at any time, the aggregate amount of all Principal Amounts outstanding hereunder shall exceed the Maximum Credit, Borrowers will, within three (3) Business Days receipt of written request from Lender to Borrowers, prepay the outstanding Principal Balance of the Floor Plan Credit in the full amount of such excess.
Excess of Maximum Credit. Although it is contemplated that at no time during the term of this Agreement shall the outstanding principal amount of the Line of Credit Note exceed the Maximum Revolving Credit, it is understood and agreed that the Maximum Revolving Credit may be exceeded at any time, in Bank's sole discretion, and the Borrower shall nevertheless remain liable for the repayment in full of all sums advanced by or to the Borrower by Bank, together with interest, late charges, attorneys' fees and costs, if any, as more fully set forth herein.
Excess of Maximum Credit. In the event that, at any time, the aggregate amount of all advances of Floor Plan Credit outstanding hereunder shall exceed the Maximum Credit, Borrower will immediately prepay the outstanding principal amount of the Floor Plan Credit in the amount of such excess.