Commitment Freeze; Voluntary Prepayment Clause Samples
Commitment Freeze; Voluntary Prepayment. (a) From and after the date hereof, the Borrower agrees that it shall not borrow any further Loans under the Credit Agreement other than Loans (in an aggregate outstanding principal amount at any time not exceeding the Maximum FFCO Amount) meeting the following criteria:
(1) Loans the proceeds of which are used by the Borrower Entities solely to pay the acquisition cost of Future Funding Collateral Obligations Acquired in accordance with the terms and conditions of the Credit Agreement as amended hereby (other than with respect to satisfying clause (dd) of the Collateral Obligation Criteria) (such Loans, "FFCO Acquisition Loans"); provided that:
(x) such Loans are otherwise permitted under the Credit Agreement; and
(y) no such Loan shall cause the remaining amount of Loans available to be drawn under this clause (a) at such time to be less than the Dollar Equivalent of the Aggregate Excess Exposure Amounts of all such Future Funding Collateral Obligations (including all Future Funding Collateral Obligations that the Borrower Entities have Committed to Acquire but which Acquisitions have not yet settled); and
