Common use of Credit Amount Clause in Contracts

Credit Amount. If, at any time, (A) the sum of the outstanding principal balance of the Term Loan on such date plus the Revolver Usage on such date exceeds (B) the Credit Amount (such excess being referred to as the “Credit Amount Excess”), then Borrower shall immediately prepay the Obligations in accordance with Section 2.4(f)(i) in an aggregate amount equal to the Credit Amount Excess.

Appears in 5 contracts

Samples: Credit Agreement (Realpage Inc), Credit Agreement (Magma Design Automation Inc), Credit Agreement (Omniture, Inc.)

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Credit Amount. If, at any time, (A) the sum of the outstanding principal balance of the Term Loan A on such date plus the Revolver Usage on such date exceeds (B) the Credit Amount (such excess being referred to as the “Credit Amount Excess”), then Borrower shall immediately prepay the Obligations in accordance with Section 2.4(f)(i) in an aggregate amount equal to the Credit Amount Excess.

Appears in 3 contracts

Samples: Credit Agreement (Daegis Inc.), Credit Agreement (Daegis Inc.), Credit Agreement (Unify Corp)

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Credit Amount. If, at any time, (A) the sum of the outstanding principal balance of the Term Loan on such date plus the Revolver Usage on such date exceeds (B) the Credit Amount (such excess being referred to as the “Credit Amount Excess”), then Borrower Borrowers shall immediately prepay the Obligations in accordance with Section 2.4(f)(i2.4(e)(i) in an aggregate amount equal to the Credit Amount Excess.

Appears in 1 contract

Samples: Credit Agreement (USA Mobility, Inc)

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