Mandatory Repayments (a) On any day on which the sum of (I) the aggregate outstanding principal amount of all Revolving Loans (after giving effect to all other repayments thereof on such date), (II) the aggregate outstanding principal amount of all Swingline Loans (after giving effect to all other repayments thereof on such date) and (III) the aggregate amount of all Letter of Credit Outstandings exceeds the Total Revolving Loan Commitment at such time, the Borrower shall prepay on such day the principal of Swingline Loans and, after all Swingline Loans have been repaid in full or if no Swingline Loans are outstanding, Revolving Loans in an amount equal to such excess. If, after giving effect to the prepayment of all outstanding Swingline Loans and Revolving Loans, the aggregate amount of the Letter of Credit Outstandings exceeds the Total Revolving Loan Commitment at such time, the Borrower shall pay to the Administrative Agent at the Payment Office on such day an amount of cash and/or Cash Equivalents equal to the amount of such excess (up to a maximum amount equal to the Letter of Credit Outstandings at such time), such cash and/or Cash Equivalents to be held as security for all Obligations of the Borrower to the Issuing Lenders and the Lenders hereunder in a cash collateral account to be established by the Administrative Agent.
Mandatory Overtime Mandatory overtime shall be scheduled 2 weeks in advance of the scheduled event (or as soon as possible after the overtime is known to management.) If there are unforeseen circumstances, the two week requirement will not apply. Where the notice of mandatory overtime is not provided in that time frame, the hours worked will be paid at twice the regular rate. If a member has checked with the Director of Public Safety or designee about a certain date as being a mandatory day, and received a negative answer, that employee shall be waived from any mandatory obligation of the day inquired about. If a staff member has extenuating circumstances occurring on a mandatory overtime day, they may request a release from the mandatory overtime day from the Director of Public Safety, or designee. The employee shall meet with the Director of Public Safety, or designee, to discuss the extenuating circumstance. The Director of Public Safety, or designee, shall respond to the staff member’s request as soon as possible.