Security Cover. The Borrower shall ensure that the Loan is fully covered by the value of the Security less the market value of the Plant, Machinery and Equipment purchased. If at any time the value of the security cover falls below the amounts disbursed under the Term Loan Facility, the Borrower shall forthwith inform the Lender and repay the excess outstandings.
Appears in 2 contracts
Sources: Term Loan Facility Agreement, Term Loan Facility Agreement (Videocon D2h LTD)