Mandatory Prepayments and Repayments. (a) If on any date the sum of the outstanding principal amount of Loans and Competitive Bid Loans (all the foregoing, collectively, the "Aggregate Loan Outstandings") exceeds the Total Commitment as then in effect, the Borrower shall prepay on such date the principal of Loans, in an amount equal to such excess. If, after giving effect to the prepayment of all outstanding Loans as set forth above, the remaining Aggregate Loan Outstandings exceed the Total Commitment, the Borrower shall repay on such date the principal of Competitive Bid Loans in an aggregate amount equal to such excess, PROVIDED that no Competitive Bid Loan shall be prepaid pursuant to this sentence unless the Bank that made same consents to such prepayment. In the absence of such consent, the provisions of Section 3.02(c) shall be applicable.
Mandatory Prepayments and Repayments. (a) Borrower shall repay all Tranche A Loans which are outstanding under Facility-1 and Facility-2, as the case may be, on the Facility-1 EXIM Loans Closing Date and Facility-2 EXIM Loans Closing Date, as the case may be, to the extent refinanced with the proceeds of EXIM Financing. Any amount of Tranche A Loans not so refinanced shall be subject to SECTION 3.2(e).
Mandatory Prepayments and Repayments. 39 SECTION 2.12. General Provisions as to Payments.................. 40 SECTION 2.13. Computation of Interest and Fees................... 44 SECTION 2.14. Election and Release of Borrowers................. 45 ARTICLE III
Mandatory Prepayments and Repayments. (a) On each date ------------------------------------ on which the Commitments are reduced pursuant to Section 2.08, the Borrower shall repay or prepay such principal amount of the outstanding Loans, if any (together with interest accrued thereon), as may be necessary so that after such repayment or payment the Aggregate Outstanding Loans do not exceed the Aggregate Commitments as then reduced.
Mandatory Prepayments and Repayments. (a) If on any date the sum of the aggregate outstanding Principal Amount of Revolving Loans, Swingline Loans and Competitive Bid Loans (all the foregoing, collectively, the “Aggregate Loan Outstandings”) exceeds the Total Commitment as then in effect, the Borrowers, jointly and severally, shall repay no later than the next following Business Day the Principal Amount of Swingline Loans (in the applicable Approved Swingline Currency), and if no Swingline Loans are or remain outstanding, the Principal Amount of Revolving Loans (but excluding DB Loans to the extent the respective DB Loan Maturity Date has not occurred), in each case, in an aggregate Principal Amount equal to such excess. If, after giving effect to the prepayment of all outstanding Swingline Loans and Revolving Loans as set forth above, the remaining Aggregate Loan Outstandings exceed the Total Commitment, the Borrowers, jointly and severally, shall repay on such date the principal of Competitive Bid Loans in an aggregate amount equal to such excess.
Mandatory Prepayments and Repayments. (i) On any Revolving Reduction Date specified in a Notice of Revolving Reduction delivered pursuant to Section 4.02, the Company shall prepay the outstanding principal amount of the Revolving Loans, in an amount equal to the excess of the principal amount of Revolving Loans then outstanding over the Maximum Revolving Amount (after giving effect to the scheduled reduction of the Maximum Revolving Amount), plus all accrued and unpaid interest as of such Revolving Reduction Date.
Mandatory Prepayments and Repayments. 17 3.3 Method And Place Of Payment..................................................18
Mandatory Prepayments and Repayments. 23 Section 4.02.02. Application...........................................................26
Mandatory Prepayments and Repayments. (a) If on any date the sum of (I) the aggregate outstanding principal amount of Revolving Loans and Swingline Loans and (II) the aggregate amount of Letter of Credit Outstandings exceeds the Total Revolving Credit Commitment as then in effect, the Borrower shall repay on such date that principal amount of Swingline Loans, and if no Swingline Loans are or remain outstanding, Revolving Loans, in an amount equal to such excess. If, after giving effect to the prepayment of all outstanding Swingline Loans and Revolving Loans, the aggregate amount of the Letter of Credit Outstandings exceeds the Total Revolving Credit Commitment as then in effect, the Borrower shall pay to the Agent at the Payment Office on such date an amount of cash or Cash Equivalents equal to the amount of such excess (up to a maximum amount equal to the Letter of Credit Outstandings at such time), such cash or Cash Equivalents to be held as security for the obligations of the Borrower hereunder in a cash collateral account established by the Agent.
Mandatory Prepayments and Repayments. (a) Section 4.02.01(c) of the Credit Agreement shall be and is hereby amended by (i) deleting the amount of "$25,000,000" appearing therein and inserting in its place the amount of "$50,000,000," and (ii) by deleting the phrases "270 days" and "270 day" wherever they appear therein and inserting in their place, the phrases "360 days" and "360 day", respectively.
