Borrowing Base Compliance. If at any time the aggregate principal amount outstanding under the Line of Credit shall exceed the applicable Borrowing Base, Borrower shall pay to Lender an amount equal to the difference between the outstanding principal balance under the Line of Credit and the Borrowing Base.
Appears in 6 contracts
Sources: Loan Agreement (Carrier Access Corp), Loan Agreement (Gentner Communications Corp), Loan Agreement (Carrier Access Corp)
Borrowing Base Compliance. If at any time the aggregate principal amount outstanding Outstanding under the Line of Credit shall exceed the applicable Borrowing Base, Borrower shall pay to Lender an amount equal to the difference between the outstanding principal balance under the Line of Credit and the Borrowing Base.
Appears in 1 contract
Sources: Change in Terms Agreement (SCC Communications Corp)