Excess Over Borrowing Base Clause Samples
Excess Over Borrowing Base. To the extent that the aggregate amount of all Revolver Loans, and the Letter of Credit Obligations exceeds the Borrowing Base at any time, the amount of such excess will be paid immediately to Bank.
Excess Over Borrowing Base. At any time the Working Capital Obligations exceed the Borrowing Base, Borrowers shall immediately pay the amount of such excess to Lender.
Excess Over Borrowing Base. To the extent that the aggregate amount of all Loans and the Letter of Credit Obligations exceeds the Borrowing Base at any time, the amount of such excess will be paid immediately to Bank upon Borrower's obtaining knowledge of same.
