Common use of Repayment of Excess Advances Clause in Contracts

Repayment of Excess Advances. The aggregate balance of Advances outstanding at any time in excess of the maximum Advances permitted under Section 2.1 hereof shall be immediately due and payable without the necessity of any demand, at the place designated by Lender, whether or not an Incipient Event of Default or Event of Default has occurred.

Repayment of Excess Advances. The aggregate balance of Advances outstanding at any time in excess of the maximum Advances permitted under Section 2.1 hereof lesser of the Maximum Revolving Advance Amount and the Formula Amount shall be immediately due and payable without the necessity of any demand, at the place designated by the Lender, whether or not an Incipient Event of Default or Event of Default has occurred.

Repayment of Excess Advances. The aggregate balance of Advances outstanding at any time in excess of the maximum Advances permitted under Section 2.1 hereof Maximum Revolving Advance Amount shall be immediately due and payable without the necessity of any demand, at the place designated by LenderPayment Office, whether or not an Incipient Event of a Default or Event of Default has occurred.

Repayment of Excess Advances. The aggregate balance of Revolving Advances outstanding at any time in excess of the maximum amount of Revolving Advances permitted under Section 2.1 hereof hereunder shall be immediately due and payable without the necessity of any demand, at the place designated by LenderPayment Office, whether or not an Incipient Event of a Default or Event of Default has occurred. The maximum aggregate balance of Advances permitted to be outstanding at any time shall not exceed the lesser of (a) Maximum Revolving Advance Amount or (b) Formula Amount.