Overadvance. At any time that the Revolving Loan exceeds the Maximum Revolving Loan Amount, Borrower shall immediately repay the Revolving Loan to the extent necessary to reduce the principal balance to an amount equal to or less than the Maximum Revolving Loan Amount.
Appears in 4 contracts
Samples: Credit and Security Agreement (Tower Air Inc), Loan and Security Agreement (Continental Information Systems Corp), Revolving Loan and Security Agreement (Shoppers Food Warehouse Corp)
Overadvance. At any time that the Revolving Loan exceeds the Maximum Revolving Loan Amount, Borrower shall shall, immediately repay the Revolving Loan to the extent necessary to reduce the aggregate principal balance to an amount equal to or less than the Maximum Revolving Loan Amount.
Appears in 3 contracts
Samples: Loan and Security Agreement (Rankin Automotive Group Inc), Loan and Security Agreement (Beacon Roofing Supply Inc), Loan and Security Agreement (Beacon Roofing Supply Inc)
Overadvance. At any time that the Revolving Loan exceeds the Maximum Revolving Loan Amount, Borrower shall shall, immediately repay the Revolving Loan to the extent necessary to reduce the principal balance to an amount equal to or less than the Maximum Revolving Loan Amount.
Appears in 2 contracts
Samples: Loan and Security Agreement (Spincycle Inc), Loan and Security Agreement (Spincycle Inc)
Overadvance. At any time that the Revolving Loan exceeds the ----------- Maximum Revolving Loan Amount, Borrower shall shall, immediately repay the Revolving Loan to the extent necessary to reduce the principal balance to an amount equal to or less than the Maximum Revolving Loan Amount.
Appears in 2 contracts
Samples: Loan and Security Agreement (Tower Air Inc), Loan and Security Agreement (Tower Air Inc)
Overadvance. At any time that the sum of the Revolving ----------- Loan exceeds the Maximum Revolving Loan Amount, Borrower shall immediately shall, promptly repay the Revolving Loan to the extent necessary to reduce the aggregate principal balance to an amount equal to or less than the Maximum Revolving Loan Amount.
Appears in 1 contract
Overadvance. At any time that the Revolving Loan exceeds the Maximum Revolving Loan Amount, Borrower Borrowers shall immediately repay the Revolving Loan to the extent necessary to reduce the aggregate principal balance to an amount equal to or less than the Maximum Revolving Loan Amount.
Appears in 1 contract
Samples: Loan and Security Agreement (Sun Healthcare Group Inc)
Overadvance. At any time that the principal balance of the Revolving Loan exceeds the Maximum Revolving Loan Amount, Borrower shall immediately repay the Revolving Loan to the extent necessary to reduce the principal balance to an amount that is equal to or less than the Maximum Revolving Loan Amount.
Appears in 1 contract
Overadvance. At Except as otherwise provided herein, at any time that the Revolving Loan exceeds the Maximum Revolving Loan AmountAmount (an "Overadvance"), Borrower Borrowers shall immediately repay the Revolving Loan to the extent necessary to reduce the aggregate principal balance to an amount equal to or less than the Maximum Revolving Loan Amount.
Appears in 1 contract
Samples: Loan and Security Agreement (Sun Healthcare Group Inc)
Overadvance. At any time that the principal balance of the ----------- Revolving Loan exceeds the Maximum Revolving Loan Amount, Borrower shall immediately repay the Revolving Loan to the extent necessary to reduce the principal balance to an amount that is equal to or less than the Maximum Revolving Loan Amount.
Appears in 1 contract
Overadvance. At any time that the Revolving Loan exceeds the Maximum Revolving Loan Amount, Borrower shall Borrowers shall, immediately repay the Revolving Loan to the extent necessary to reduce the principal balance to an amount equal to or less than the Maximum Revolving Loan Amount.
Appears in 1 contract
Samples: Loan and Security Agreement (Belding Heminway Co Inc /De/)
Overadvance. At any time that the principal balance of the Revolving Loan exceeds the Maximum Revolving Loan Amount, Borrower shall Borrowers shall, upon demand by Lender, immediately repay the Revolving Loan to the extent necessary to reduce the principal balance to an amount that is equal to or less than the Maximum Revolving Loan Amount.
Appears in 1 contract
Overadvance. At any time that the sum of the Revolving Loan exceeds the Maximum Revolving Loan Amount, Borrower shall immediately shall, promptly repay the Revolving Loan to the extent necessary to reduce the aggregate principal balance to an amount equal to or less than the Maximum Revolving Loan Amount.
Appears in 1 contract
Overadvance. At any time that the Revolving Loan exceeds the Maximum Revolving Loan Amount, Borrower shall Borrowers shall, immediately repay the Revolving Loan to the extent necessary to reduce the aggregate principal balance to an amount equal to or less than the Maximum Revolving Loan Amount.
Appears in 1 contract
Samples: Loan Agreement (Recoton Corp)
