Common use of Revolving Facility Usage Clause in Contracts

Revolving Facility Usage. Promptly, if the Revolving Facility Usage exceeds, at any one time, the Revolving Credit Commitments, the Borrowers shall prepay the Revolving Credit Loans and/or Cash Collateralize the Letters of Credit to the extent necessary so that the Revolving Facility Usage no longer exceeds the Revolving Credit Commitments.

Appears in 2 contracts

Sources: Credit Agreement (ICF International, Inc.), Credit Agreement (ICF International, Inc.)