Revolving Loan Prepayments. (i) In the event of the termination of all the Revolving Commitments, Borrowers shall, on the date of such termination, repay or prepay all its outstanding Revolving Borrowings and all outstanding Swingline Loans and replace all outstanding Letters of Credit and/or deposit an amount equal to 105% of the LC Exposure in the LC Collateral Account.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Department 56 Inc), Revolving Credit Agreement (Lenox Group Inc)
Revolving Loan Prepayments. (i) In the event of the termination of all the Revolving Commitments, the Borrowers shall, on the date of such termination, repay or prepay all its the outstanding Revolving Borrowings and all outstanding Swingline Loans and replace all outstanding Letters of Credit and/or deposit an amount equal to 105% of the LC Exposure in the LC Collateral Account.
Appears in 2 contracts
Samples: Credit Agreement (Broder Bros., Co.), Credit Agreement (Broder Bros Co)
Revolving Loan Prepayments. (i) In the event of the termination of all the Revolving Commitments, Borrowers Borrower shall, on the date of such termination, repay or prepay all its outstanding Revolving Borrowings and all outstanding Swingline Loans and replace all outstanding Letters of Credit and/or deposit an amount equal to 105% of the LC Exposure in the LC Collateral Sub Account.
Appears in 2 contracts
Samples: Credit Agreement (Basic Energy Services Inc), Credit Agreement (Basic Energy Services Inc)
Revolving Loan Prepayments. (i) In the event of the termination of all the Revolving Commitments, Borrowers shall, on the date of such termination, repay or prepay all its outstanding Revolving Borrowings and all outstanding Swingline Loans and replace all outstanding Letters of Credit and/or deposit an amount equal to 105% of the LC Exposure in the LC Collateral Account.
Appears in 2 contracts
Samples: Credit Agreement (Bearingpoint Inc), Control Agreement (Bearingpoint Inc)
Revolving Loan Prepayments. (i) In the event of the termination of all the Revolving Commitments, Borrowers Borrower shall, on the date of such termination, repay or prepay all its outstanding Revolving Borrowings and all outstanding Swingline Loans and replace all outstanding Letters of Credit and/or deposit an amount equal to 105% of the LC Exposure in the LC Collateral Account.
Appears in 1 contract
Samples: Credit Agreement (Broder Bros Co)
Revolving Loan Prepayments. (i) In the event of the termination of all the Revolving Commitments, Borrowers the Borrower shall, on the date of such termination, repay or prepay all its the outstanding Revolving Borrowings and all outstanding Swingline Loans and replace all outstanding Letters of Credit and/or deposit an amount equal to 105% of the LC Exposure in the LC Collateral Account.
Appears in 1 contract
Samples: Revolving Credit Agreement (Keystone Automotive Operations Inc)
Revolving Loan Prepayments. (i) In the event of the termination of all the Revolving Commitments, Borrowers shall, jointly and severally, on the date of such termination, repay or prepay all its outstanding Revolving Borrowings and all outstanding Swingline Loans and replace all outstanding Letters of Credit and/or deposit an amount equal to 105% of the LC Exposure in the LC Collateral Sub Account.
Appears in 1 contract
