Combined Loan to Value. If, at any time, the aggregate outstanding principal balance of Funded Debt exceeds 60% of the Common Listed Equity Units Value, the Borrower shall immediately prepay the Loan in an amount sufficient to reduce the aggregate unpaid principal balance of the Loan by an amount equal to such excess.
Appears in 2 contracts
Samples: Credit Agreement (Tortoise Energy Capital Corp), Credit Agreement (Tortoise Energy Capital Corp)
Combined Loan to Value. If, at any time, the aggregate outstanding principal balance of Funded Debt exceeds 6050% of the Common Listed Equity Units Value, the Borrower shall immediately prepay the Loan in an amount sufficient to reduce the aggregate unpaid principal balance of the Loan by an amount equal to such excess.
Appears in 2 contracts
Samples: Credit Agreement (Tortoise Energy Infrastructure Corp), Credit Agreement (Tortoise North American Energy Corp)
