Advances Outstanding May Not Exceed Limits. On any day, the aggregate amount of Advances outstanding under the Loan shall in no event exceed either the Aggregate Committed Sum or the Borrowing Base for that day. If any such excess shall exist on any day and for any reason, the Companies shall immediately repay it or provide additional Collateral, as provided in Section 6.3(c).
Appears in 3 contracts
Samples: Credit Agreement, Senior Secured Credit Agreement (Homebanc Corp), Senior Secured Credit Agreement (Homebanc Corp)
Advances Outstanding May Not Exceed Limits. On any day, the aggregate amount of Advances outstanding under the Loan shall in no event exceed either the Aggregate Committed Sum or the Borrowing Base for that day. If any such excess shall exist on any day and for any reason, the Companies Company shall immediately repay it or provide additional Collateral, as provided in Section 6.3(c5.3(c).
Appears in 2 contracts
Samples: Senior Secured Credit Agreement (Homebanc Corp), Senior Secured Credit Agreement (E Loan Inc)
Advances Outstanding May Not Exceed Limits. On any day, the aggregate amount of Advances outstanding under the Loan shall in no event exceed either the Aggregate Committed Sum or the Borrowing Base for that day. If any such excess shall exist on any day and for any reason, the Companies Company shall immediately repay it or provide additional Collateral, as provided in Section 6.3(cSECTION 5.3(c).
Appears in 1 contract
Samples: Senior Secured Credit Agreement (Sunset Financial Resources Inc)
Advances Outstanding May Not Exceed Limits. On any day, the aggregate amount of Advances outstanding under the Loan shall in no event exceed either the Aggregate Committed Sum or the Borrowing Base for that day. If any such excess shall exist on any day and for any reason, the Companies Borrowers shall immediately repay it or provide additional Collateral, as provided in Section 6.3(c6.4(c).
Appears in 1 contract
Samples: Senior Secured Credit Agreement (Fieldstone Investment Corp)
