Revolving Overadvance Sample Clauses

Revolving Overadvance. If the Revolving Credit Facility Usage at any time exceeds the Revolving Commitments (each, a “Revolving Overadvance”), the Borrower shall prepay the Revolving Loans and Swing Line Loans (or Cash Collateralize Letter of Credit Obligations, if prepayment in full of the Revolving Loans and Swing Line Loans is not sufficient) in such amounts as shall be necessary so that Revolving Credit Facility Usage does not exceed the Revolving Commitments.
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Revolving Overadvance. If at any time the aggregate principal amount of all outstanding Revolving Loans exceeds the Maximum Revolving Loan Availability, the Borrower shall, within 15 days of the Borrower obtaining knowledge of the occurrence of any such excess, deliver to the Agent for prompt distribution to each Lender with a Revolving Commitment a written plan acceptable to all of the Lenders to eliminate such excess. If such excess is not eliminated within 45 days of the Borrower obtaining knowledge of the occurrence thereof, then the entire outstanding principal balance of all Loans, together with all accrued interest thereon, shall be immediately due and payable in full.
Revolving Overadvance. If the Revolving Credit Facility Usage at any(i) time exceeds the Revolving Commitments (each, a “Revolving Overadvance”), the Borrower shall prepay the Revolving Loans and Swing Line Loans (or Cash Collateralize Letter of Credit Obligations, if prepayment in full of the Revolving Loans and Swing Line Loans is not sufficient) in such amounts as shall be necessary so that Revolving Credit Facility Usage does not exceed the Revolving Commitments. Term Overadvance. If the aggregate outstanding amount of the Term(ii) Loans at any time exceeds the Term Loan Commitments or the aggregate outstanding amount of the Incremental Term Loans for any Tranche at any time exceeds the Incremental Term Loan Commitments for such Tranche (each, an “Term Overadvance”), the Borrower shall prepay the Term Loans or such Tranche of Incremental Term Loans in such amounts as shall be necessary so that the aggregate outstanding amount of the Term Loans or Incremental Term Loans of such Tranche, as the case may be, does not exceed the applicable Commitments at such time.
Revolving Overadvance. Any Revolving Overadvance occurs; or
Revolving Overadvance. If for any reason (A) at any time prior to the entry of the Final DIP Order the Total Revolving Outstandings exceed $47,000,000 or (B) at any time after entry of the Final DIP Order, the Total Revolving Outstandings exceed the Aggregate Revolving Commitments at such time, then in each case, the Borrower shall, without a corresponding reduction in the Aggregate Revolving Commitments, immediately repay the Revolving Loans in an aggregate amount equal to such excess.

Related to Revolving Overadvance

  • 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.

  • Revolving Credit Loans The Borrower shall repay to the Administrative Agent for the ratable account of the Appropriate Lenders on the applicable Maturity Date for the Revolving Credit Facilities of a given Class the aggregate principal amount of all of its Revolving Credit Loans of such Class outstanding on such date.

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