Common use of Security shortfall Clause in Contracts

Security shortfall. If at any time the Security Value is less than the Minimum Value, the Agent may, and shall, if so directed by the Majority Lenders, by notice to the Borrowers require that such deficiency be remedied. The Borrowers shall then within 30 days of receipt of such notice ensure that the Security Value equals or exceeds the Minimum Value. For this purpose, the Borrowers may:

Security shortfall. If at any time the Security Value is less than the Minimum Value, the Agent may, and shall, if so directed by the Majority Lenders, by notice to the Borrowers Borrower require that such deficiency be remedied. The Borrowers Borrower shall then within 30 days of receipt of such notice ensure that the Security Value equals or exceeds the Minimum Value. For this purpose, the Borrowers Borrower may:

Security shortfall. If If, at any time the Security Value is shall be less than the Minimum ValueSecurity Requirement, the Agent may, and shall, if so directed by the Majority Lenders, by shall give notice to the Borrowers require requiring that such deficiency be remedied. The remedied and then the Borrowers shall then within 30 a period of thirty (30) days of receipt of such notice ensure that the Security Value equals or exceeds the Minimum Value. For this purpose, by the Borrowers mayof the Agent’s notice:

Security shortfall. If at any time the Security Value is less than the Minimum Value, the Agent may, and shall, if so directed by the Majority Lenders, by notice to the Borrowers Borrower require that such deficiency be remedied. The Borrowers Borrower shall then within 30 14 days of receipt of such notice ensure that the Security Value equals or exceeds the Minimum Value. For this purpose, the Borrowers Borrower may:

Security shortfall. If at any time the Security Value is less than the Minimum Value, the Agent may, and shall, if so directed by the Majority Lenders, by notice to the Borrowers require that such deficiency be remedied. The Borrowers shall then within 30 14 days of receipt of such notice ensure that the Security Value equals or exceeds the Minimum Value. For this purpose, the Borrowers may:

Security shortfall. If at any time the Security Value is less than the Minimum Value, the Borrower shall promptly notify the Agent may, and shall, if so directed by the Majority Lenders, by notice to the Borrowers require that of such deficiency be remediedand its intended proposal to remedy such deficiency. The Borrowers Borrower shall then within 30 days of receipt of such notice ensure that the Security Value equals or exceeds the Minimum Value. For this purpose, the Borrowers Borrower may:

Security shortfall. If at any time the Security Value is less than the Minimum Value, the Administrative Agent may, and shall, if so directed by the Majority Required Lenders, by notice to the Borrowers Borrower require that such deficiency be remedied. The Borrowers Borrower shall then within 30 14 days of receipt of such notice ensure that the Security Value equals or exceeds the Minimum Value. For this purpose, the Borrowers Borrower or the Guarantors may:

Security shortfall. If at any time the Security Value is less than the Minimum Value, the Agent may, and shall, if so directed by the Majority Lenders, by notice to the Borrowers require that such deficiency be remedied. The Borrowers shall then within 30 days 14 Business Days of receipt of such notice ensure that the Security Value equals or exceeds the Minimum Value. For this purpose, the Borrowers may:

Security shortfall. If at any time the Security Value is shall be less than the Minimum ValueSecurity Requirement, the Agent may, may and shall, if so directed by the Majority LendersBanks shall, by give notice to the Borrowers require Borrower requiring that such deficiency be remedied. The Borrowers remedied and then the Borrower shall then within 30 a period of thirty (30) days of the date of receipt by the Borrower of such notice ensure that the Security Value equals or exceeds the Minimum Value. For this purpose, the Borrowers mayAgent’s said notice:

Security shortfall. 25.12 If at any time the Security Value is less than the Minimum Value, the Agent may, and shall, if so directed by the Majority Lenders, by notice to the Borrowers require that such deficiency be remedied. The Borrowers shall then within 30 sixty (60) days of receipt of such notice ensure that the Security Value equals or exceeds is no less than the Minimum Value. For this purpose, the Borrowers may:

Security shortfall. If at any time the Security Value is less than the Minimum Value, the Agent may, and shall, if so directed by the Majority Lenders, by notice to the Borrowers require that such deficiency be remedied. The Borrowers shall then within 30 45 days of receipt of such notice ensure that the Security Value equals or exceeds the Minimum Value. For this purpose, the Borrowers may:

Security shortfall. If at any time the Security Value is shall be less than the Minimum ValueSecurity Requirement, the Agent may, and shall, if so directed by the Majority LendersBanks shall, by give notice to the Borrowers require requiring that such deficiency be remedied. The remedied and then the Borrowers shall then shall, within 30 a period of fifteen (15) days of the date of receipt of such notice ensure that the Security Value equals or exceeds the Minimum Value. For this purpose, by the Borrowers mayof the Agent’s said notice, either:

Security shortfall. If at any time the Security Value is shall be less than the Minimum ValueSecurity Requirement, the Agent may, and shall, if so directed by the Majority LendersBanks shall, by give notice to the Borrowers require requiring that such deficiency be remedied. The remedied and then the Borrowers shall then within 30 a period of thirty (30) days of the date of receipt of such notice ensure that the Security Value equals or exceeds the Minimum Value. For this purpose, by the Borrowers mayof the Agent's said notice either:

Security shortfall. 25.14 If at any time the Security Value is less than the Minimum Value, the Agent may, and shall, if so directed by the Majority Lenders, by notice to the Borrowers require that such deficiency be remedied. The Borrowers shall then within 30 days 14 Business Days of receipt of such notice ensure that the Security Value equals or exceeds the Minimum Value. For this purpose, the Borrowers may:

Security shortfall. If at any time the Security Value is shall be less than the Minimum ValueSecurity Requirement, the Agent may, may and shall, if so directed by the Majority LendersBanks shall, by give notice to the Borrowers require Borrower requiring that such deficiency be remedied. The Borrowers remedied and then the Borrower shall then within 30 a period of thirty (30) days of the date of receipt by the Borrower of such the Agent's said notice ensure that the Security Value equals or exceeds the Minimum Value. For this purpose, the Borrowers mayeither:

Security shortfall. If at any time the Security Value is less than the Minimum Value, the Agent may, and shall, if so directed by the Majority Lenders, by notice to the Borrowers require that such deficiency be remedied. The Borrowers shall then within 30 days of receipt of such notice ensure that the Security Value equals or exceeds the Minimum Value. For this purpose, the Borrowers may:

Security shortfall. If at any time the Security Value is shall be less than the Minimum ValueSecurity Requirement, the Agent may, and shall, if so directed by the Majority Lenders, by may give notice to the Borrowers require requiring that such deficiency be remedied. The remedied and then the Borrowers shall then shall, within 30 a period of thirty (30) days of the date of receipt of such notice ensure that the Security Value equals or exceeds the Minimum Value. For this purpose, by the Borrowers mayof the Agent’s said notice, either: