Committed Amounts. If at any time (A) the aggregate principal amount of Revolving Obligations shall exceed the Aggregate Revolving Committed Amount, (B) the aggregate amount of LOC Obligations shall exceed the LOC Committed Amount or (C) the aggregate principal amount of Swingline Loans shall exceed the Swingline Committed Amount, the Borrower shall immediately upon the Administrative Agent's demand make payment on the Revolving Loans, on the Swingline Loans and/or to a cash collateral account in respect of the LOC Obligations, in an amount sufficient to eliminate the difference.
Committed Amounts. The obligation of the Stand-by Purchaser to subscribe for Stand-by Shares shall be limited to, and shall not exceed in the aggregate, $4,000,000 (the “Committed Amount”), and the Stand-by Purchaser shall be liable to subscribe for the Stand-by Shares, at the Subscription Price per share, up to and not exceeding, in the aggregate, the Committed Amount.
Committed Amounts. If at any time, (A) the sum of the aggregate principal amount of the Obligations outstanding shall exceed the lesser of (x) the Aggregate Committed Amount and (y) the Borrowing Base, (B) the amount of LOC Obligations outstanding shall exceed the LOC Committed Amount or (C) the amount of Swingline Loans outstanding shall exceed the Swingline Committed Amount, the Borrower shall immediately make payment on the Revolving Loans, the Swingline Loans and/or to a cash collateral account (any such account into which cash collateral is deposited by the Borrower, a "cash collateral account") in respect of the LOC Obligations, in an amount sufficient to eliminate the deficiency; provided, however, to the extent payment on the Revolving Loans and/or to a cash collateral account in respect of the LOC Obligations is not sufficient to eliminate such deficiency, the Borrower shall make payment on the Term Loans in an amount sufficient to eliminate the deficiency and a corresponding permanent reduction in the Revolving Committed Amount. The Borrower hereby grants to the Administrative Agent, for the ratable benefit of the Secured Parties, a continuing security interest in all amounts at any time on deposit in any and all cash collateral accounts to secure all LOC Obligations from time to time outstanding and all other Credit Party Obligations hereunder.
Committed Amounts. If at any time, (A) the sum of the aggregate principal amount of the Obligations outstanding shall exceed the Aggregate Committed Amount, (B) the amount of LOC Obligations outstanding shall exceed the LOC Committed Amount or (C) the amount of Swingline Loans outstanding shall exceed the Swingline Committed Amount, the Borrower shall immediately make payment on the Revolving Loans, the Swingline Loans and/or to a cash collateral account (any such account into which cash collateral is deposited by the Borrower, a "Cash Collateral Account") in respect of the LOC Obligations, in an amount sufficient to eliminate the deficiency; provided, however, to the extent payment on the Revolving Loans and/or to a cash collateral account in respect of the LOC Obligations is not sufficient to eliminate such deficiency, the Borrower shall make payment on the Term Loans in an amount sufficient to eliminate the deficiency and a corresponding permanent reduction in the Revolving Committed Amount. The Borrower hereby grants to the Administrative Agent, for the ratable benefit of the Secured Parties, a continuing security interest in all amounts at any time on deposit in any and all cash collateral accounts to secure all LOC Obligations from time to time outstanding and all other Credit Party Obligations hereunder.
Committed Amounts. With respect to Advances of the Tranche 3 Committed Amount (other than in respect of the Village Note Payoff Advance (which shall be Advanced in accordance with Section 2.10 hereof) and the Operating Expense Advance (which has been fully Advanced as of the date hereof and no further Advances are available related thereto)), upon the Agent Lender’s receipt and approval, as and to the extent required by this Agreement, of Project Specific Due Diligence for a Project (including, without limitation, the Project Development Budget), the Lenders agree, on the terms and conditions and relying on the representations set forth herein, to lend to the Borrower an amount not to exceed:
(1) as to each Project, an amount equal to the Project Tranche for such Project calculated pursuant to Section 3.3(c) above; and
(2) as to all Projects in the aggregate, the lesser of (i) the Tranche 3 Committed Amount less any Tranche 3 Committed Amount previously advanced for any Existing Project, Planned Project, Future Project, the Village Note Payoff Advance and Operating Expense Advance and (ii) the aggregate principal amount of all established Project Tranches for Existing Projects, Planned Projects and Future Projects, as the same may be adjusted from time to time pursuant to Section 3.3(c) above, less any sums not identified in any Project Development Budget (as the same may be amended as permitted herein) but which are reasonably identified by the Agent Lender as amounts required to complete the development of any Existing Projects and Planned Projects (i.e., any “overrun” amounts), however, an Advance for any overrun amount is subject to the Agent Lender’s approval, in its sole discretion.
Committed Amounts. If at any time (A) the aggregate principal ----------------- amount of Revolving Obligations shall exceed the Total Revolving Commitments, or (B) the aggregate amount of LOC Obligations shall exceed the LOC Committed Amount, the Borrower shall immediately make payment on the Revolving Loans and/or to a cash collateral account in respect of the LOC Obligations, in an amount sufficient to eliminate the difference.
Committed Amounts. (A) If at any time the aggregate principal Dollar Amount of Obligations shall exceed the Aggregate Revolving Committed Amount, then the Administrative Agent shall give notice thereof to the Borrower and immediately upon receipt of such notice the Borrower shall make payment on the Revolving Loans and/or Swingline Loans or make payment to a cash collateral account in respect of LOC Obligations in an amount sufficient to eliminate the excess.
(B) If on any Determination Date the Administrative Agent determines that the aggregate principal Dollar Amount of Foreign Currency Loans exceeds the Aggregate Foreign Currency Loan Committed Amount by more than $500,000, then the Administrative Agent shall give notice thereof to the Borrower and immediately upon receipt of such notice the Borrower shall make payment on the Foreign Currency Loans such that after giving effect to such payment the aggregate principal Dollar Amount of Foreign Currency Loans shall not exceed the Foreign Currency Loan Committed Amount.
(C) If at any time the aggregate amount of LOC Obligations shall exceed the LOC Committed Amount, the Borrower shall immediately make payment to a cash collateral account in respect of the LOC Obligations in an amount sufficient to eliminate the excess.
(D) If at any time the aggregate principal amount of Swingline Loans shall exceed the Swingline Committed Amount, the Borrower shall immediately make payment on the Swingline Loans in an amount sufficient to eliminate the excess.
Committed Amounts. If at any time (i) the aggregate principal amount of Tranche A Revolving Loans shall exceed the Aggregate Tranche A Revolving Committed Amount, or (ii) the aggregate principal amount of Tranche B Revolving Loans shall exceed the Aggregate Tranche B Revolving Committed Amount, the Borrower shall immediately make payment on the Revolving Loans in an amount equal to the difference.
Committed Amounts. Subject to the terms and conditions herein set forth, each Lender agrees, from time to time during the Commitment Period, to extend to the Borrower its ratable share of revolving credit loans (each a “Loan”), in an aggregate principal amount not to exceed its ratable share of the Loan Sublimit. Subject to the terms and conditions of this Credit Agreement, each such Loan may be repaid and, during the Commitment Period, reborrowed.
