Facility D Loan Mandatory Payments Sample Clauses

Facility D Loan Mandatory Payments. All Facility D Loans ------------------------------------ hereunder shall be repaid by the Borrowers on the Facility D Maturity Date, unless payable sooner pursuant to the provisions of this Agreement. In the event the aggregate outstanding principal balance of all Facility D Loans exceeds the Bauer Borrowing Base, the Borrowers shall, without not▇▇▇ ▇r demand of any kind, immediately make such repayments of the Facility D Loans or take such other actions as are satisfactory to the Lender as shall be necessary to eliminate such excess. Also, if the Borrowers choose not to convert any Facility D Loan which is a LIBOR Loan to a Prime Loan as provided in Section 2.5, ----------- then such Facility D Loan shall be due and payable as provided therein, all without further demand, presentment, protest or notice of any kind, all of which are hereby waived by the Borrower.