Dominion Account. The ledger balance in the main Dominion Account as of the end of a Business Day shall be applied to the applicable Obligations at the beginning of the next Business Day, during any Dominion Trigger Period. If a credit balance results from such application, it shall not accrue interest in favor of Borrowers and shall be made available to Borrowers.
Appears in 4 contracts
Samples: Guaranty and Security Agreement (Guess Inc), Loan, Guaranty and Security Agreement (Guess Inc), Guaranty and Security Agreement (Guess Inc)
Dominion Account. The ledger balance in the main Dominion Account as of the end of a Business Day shall be applied to the applicable Obligations at the beginning of the next Business Day, during any Cash Dominion Trigger Period. If a Any resulting credit balance results from such application, it shall not accrue interest in favor of Borrowers and shall be made available to BorrowersBorrowers as long as no Default or Event of Default exists.
Appears in 4 contracts
Samples: Guaranty and Security Agreement (Infinera Corp), Guaranty and Security Agreement (BIG 5 SPORTING GOODS Corp), Loan and Security Agreement (Hydrofarm Holdings Group, Inc.)
Dominion Account. The ledger balance in the main Dominion Account as of the end of a Business Day shall be applied to the applicable Obligations at the beginning of the next Business Day, Day during any Dominion Trigger PeriodPeriod (Dominion). If a Any resulting credit balance results from such application, it shall not accrue interest in favor of Borrowers and shall be made available to BorrowersBorrowers as long as no Default or Event of Default exists.
Appears in 3 contracts
Samples: Abl Loan and Security Agreement (Rocky Brands, Inc.), Abl Loan and Security Agreement (Rocky Brands, Inc.), Loan and Security Agreement (Rocky Brands, Inc.)
Dominion Account. The During any Dominion Trigger Period, the ledger balance in the main Dominion Account as of the end of a Business Day shall be applied to the applicable Obligations at the beginning of the next Business Day, during any Dominion Trigger Period. If a Any resulting credit balance results from such application, it shall not accrue interest in favor of Borrowers and shall be made available to BorrowersBorrowers as long as no Event of Default exists.
Appears in 3 contracts
Samples: Loan, Security and Guaranty Agreement (Quintana Energy Services Inc.), Loan, Security and Guaranty Agreement (Quintana Energy Services Inc.), Loan, Security and Guaranty Agreement (Quintana Energy Services Inc.)
Dominion Account. The ledger balance in the main Dominion Account as of the end of a Business Day shall be applied to the applicable Obligations at the beginning of the next Business Day, during any Dominion Trigger Period. If a Any resulting credit balance results from such application, it shall not accrue interest in favor of Borrowers and shall be made available to BorrowersBorrowers as long as no Default or Event of Default exists. In no event shall monies and collateral proceeds obtained from an Obligor be applied to pay its Excluded Swap Obligations.
Appears in 3 contracts
Samples: Loan and Security Agreement (Orion Energy Systems, Inc.), Loan and Security Agreement (Orion Energy Systems, Inc.), Loan and Security Agreement (Orion Energy Systems, Inc.)
Dominion Account. The ledger balance in the main Dominion Account as of the end of a Business Day shall be applied to the applicable Obligations at the beginning of the next Business Day, during any Dominion Trigger Period. If a Any resulting credit balance results from such application, it shall not accrue interest in favor of Borrowers and shall be made available to BorrowersBorrowers as long as no Event of Default exists.
Appears in 3 contracts
Samples: Loan Agreement (Conns Inc), Loan Agreement (Conns Inc), Loan and Security Agreement (Conns Inc)
Dominion Account. The ledger balance in the main Dominion Account as of the end of a Business Day shall be applied to the applicable Obligations at the beginning of the next Business Day, during any Dominion Trigger Period. If If, as a result of such application, a credit balance results from such applicationexists, it the balance shall not accrue interest in favor of Borrowers and shall be made available to BorrowersBorrowers as long as no Default or Event of Default exists.
Appears in 3 contracts
Samples: Credit and Security Agreement (Titan International Inc), Credit and Security Agreement (Titan International Inc), Credit and Security Agreement (Titan International Inc)
Dominion Account. The ledger balance in the main Dominion Account as of the end of a Business Day shall be applied to the applicable Obligations at the beginning of the next Business Day, during any Dominion Trigger Period. If a credit balance results from such application, it shall not accrue interest in favor of Borrowers and shall be made available to BorrowersBorrowers as long as no Default or Event of Default exists.
Appears in 2 contracts
Samples: Loan and Security Agreement (Conns Inc), Credit Agreement (Wausau Paper Corp.)
Dominion Account. The ledger balance in the main Dominion Account Accounts of each Borrower as of the end of a Business Day shall be applied to the applicable Obligations of the Obligor Group to which such Borrower belongs at the beginning of the next Business Day, during any Dominion Trigger Period. If a credit balance results from such application, it shall not accrue interest in favor of Borrowers and shall be made available to BorrowersBorrowers of the applicable Borrower Group as long as no Default exists.
Appears in 2 contracts
Samples: Loan Agreement (Horizon Global Corp), Loan Agreement (Horizon Global Corp)
Dominion Account. The ledger balance in the main Dominion Account as of the end of a Business Day shall be applied to the applicable Obligations at the beginning of the next Business Day, other than during any a Dominion Trigger Termination Period. If If, a credit balance results from such application, it shall not accrue interest in favor of Borrowers Borrower and shall be made available to BorrowersBorrower as long as no Event of Default exists. Notwithstanding anything herein to the contrary, monies and collateral proceeds obtained from an Obligor shall not be applied to repayment of its Excluded Swap Obligations.
Appears in 2 contracts
Samples: Loan and Security Agreement (Select Interior Concepts, Inc.), Loan and Security Agreement (Select Interior Concepts, Inc.)
Dominion Account. The ledger balance in the main Dominion Account as of the end of a Business Day shall be applied to the applicable Obligations at the beginning of the next Business Day, during any Sweep Trigger Period and during any Cash Dominion Trigger Period. If a credit balance results from such application, it shall not accrue interest in favor of Borrowers and shall be made available to BorrowersBorrowers as long as no Event of Default exists.
Appears in 2 contracts
Samples: Loan and Security Agreement (Par Pacific Holdings, Inc.), Loan and Security Agreement (Par Pacific Holdings, Inc.)
Dominion Account. The ledger balance in the main Dominion Account Accounts of each Borrower Group as of the end of a Business Day shall be applied to the applicable Obligations at the beginning of the next Business Day, during any Dominion Sweep Trigger Period. If a credit balance results from such application, it shall not accrue interest in favor of Borrowers and shall be made available to BorrowersBorrowers of the applicable Obligor Group as long as no Event of Default exists.
Appears in 2 contracts
Samples: Loan and Security Agreement (DXP Enterprises Inc), Loan and Security Agreement (DXP Enterprises Inc)
Dominion Account. The ledger balance in the main Dominion Account as of the end of a Business Day shall be applied to the applicable Obligations at the beginning of the next Business DayDay (with respect to the Obligations of US Borrowers, during any US Dominion Trigger PeriodPeriod and at such other times designated by Borrower Agent). If a Any resulting credit balance results from such application, it shall not accrue interest in favor of Borrowers and shall be made available to BorrowersBorrowers as long as no Default or Event of Default exists.
Appears in 2 contracts
Samples: Loan, Guaranty and Security Agreement (Turtle Beach Corp), Guaranty and Security Agreement (Turtle Beach Corp)
Dominion Account. The ledger balance in the main each Dominion Account as of the end of a Business Day shall be applied to the applicable Obligations at the beginning of the next Business Day. For the avoidance of doubt, during any Dominion Trigger Period. If if a credit balance results from such application, it shall not accrue interest in favor of Borrowers and shall be made available to BorrowersBorrowers as long as no Event of Default exists.
Appears in 2 contracts
Samples: Loan and Security Agreement (CSI Compressco LP), Loan and Security Agreement (CSI Compressco LP)
Dominion Account. The ledger balance in the main Dominion Account as of the end of a Business Day shall be applied to the applicable Obligations at the beginning of the next Business DayDay (with respect to the Obligations of US Borrowers, during any US Dominion Trigger Period). If a credit balance results from such application, it shall not accrue interest in favor of Borrowers and shall be made available to BorrowersBorrowers as long as no Default or Event of Default exists.
Appears in 2 contracts
Samples: Loan, Guaranty and Security Agreement (Parametric Sound Corp), Loan, Guaranty and Security Agreement (Parametric Sound Corp)
Dominion Account. The ledger balance in the main Dominion Account as of the end of a Business Day shall be applied to the applicable Obligations at the beginning of the next Business Day, during any Dominion Trigger Period. If a credit balance results from such application, it shall not accrue interest in favor of Borrowers and shall be made available delivered to Borrowers, as requested by Borrowers, so long as no Default or Event of Default exists.
Appears in 2 contracts
Samples: Loan and Security Agreement (Chicago Atlantic Real Estate Finance, Inc.), Loan and Security Agreement (Chicago Atlantic Real Estate Finance, Inc.)
Dominion Account. The ledger balance in the main Dominion Account as of the end of a Business Day shall be applied to the applicable Obligations at the beginning of the next Business Day, during any Dominion FCCR Trigger Period. If If, as a result of such application, a credit balance results from such applicationexists, it the balance shall not accrue interest in favor of Borrowers and shall be made available to BorrowersBorrowers as long as no Default or Event of Default exists. 5.7.
Appears in 1 contract
Dominion Account. The ledger balance in the main Dominion Account as of the end of a Business Day shall be applied to the applicable Obligations at the beginning of the next Business Day, during any Dominion FCCR Trigger Period. If If, as a result of such application, a credit balance results from such application, it shall not accrue interest in favor of Borrowers and shall be made available to Borrowers.exists,
Appears in 1 contract
Dominion Account. The ledger balance in the main Dominion Account of each Borrower as of the end of a Business Day shall be applied to the applicable Obligations of such Borrower at the beginning of the next Business Day, during any Dominion Trigger Period. If a Any resulting credit balance results from such application, it shall not accrue interest in favor of Borrowers and shall be made available to BorrowersBorrowers as long as no Default or Event of Default exists.
Appears in 1 contract
Samples: Loan and Security Agreement (Hydrofarm Holdings Group, Inc.)
Dominion Account. The ledger balance in the main Dominion Account as of the end of a Business Day shall be applied to the applicable Obligations at the beginning of the next Business Day, during any Dominion Trigger Period. If If, as a result of such application, a credit balance results from such applicationexists, it the balance shall not accrue interest in favor of Borrowers and shall be made available to BorrowersBorrowers as long as no Default or Event of Default exists.
Appears in 1 contract
Dominion Account. The ledger balance in the main Dominion Account as of the end of a Business Day shall be applied to the applicable Obligations at the beginning of the next Business Day, during any Dominion Trigger Triggered Activation Period. If a Any resulting credit balance results from such application, it shall not accrue interest in favor of Borrowers and shall be made available to BorrowersBorrowers as long as no Event of Default exists.
Appears in 1 contract
Samples: Loan and Security Agreement (Amkor Technology, Inc.)
Dominion Account. The ledger balance in the main Dominion Account as of the end of a Business Day shall be applied to the applicable Obligations at the beginning of the next Business Day, during any Dominion Trigger Period. If a credit balance results from such application, it shall not accrue interest in favor of Borrowers and shall be made available to Borrowers.any
Appears in 1 contract
Samples: Credit and Security Agreement (Titan International Inc)
Dominion Account. The ledger balance in the main each Dominion Account as of the end of a Business Day shall be applied to the applicable Obligations at the beginning of the next Business Day, during any Dominion Trigger Period. If a credit balance results from such application, it shall not accrue interest in favor of Borrowers and shall be made available to BorrowersBorrowers as long as no Default exists.
Appears in 1 contract
Samples: Loan Agreement (Horizon Global Corp)
Dominion Account. The ledger balance in the main Dominion Account as of the end of a Business Day shall be applied to the applicable Obligations at the beginning of the next Business Day, during any Dominion Trigger Period. If a Any resulting credit balance results from such application, it shall not accrue interest in favor of Borrowers Borrower and shall be made available to BorrowersBorrower as long as no Default or Event of Default exists.
Appears in 1 contract
Dominion Account. The ledger balance in the main Dominion Account as of the end of a Business Day shall be applied to the applicable Obligations at the beginning of the next Business Day, during any Dominion FCCR Trigger Period. If If, as a result of such application, a credit balance results from such applicationexists, it the balance shall not accrue interest in favor of Borrowers and shall be made available to BorrowersBorrowers as long as no Default or Event of Default exists.
Appears in 1 contract
Dominion Account. The ledger balance in the main Dominion Account as of the end of a Business Day shall be applied to the applicable Obligations at the beginning of the next Business Day. If, during any Dominion Trigger Period. If a credit balance results from such application, it shall not accrue interest in favor of Borrowers and shall be made available to BorrowersBorrowers as long as no Default or Event of Default exists. Notwithstanding anything herein to the contrary, monies and collateral proceeds obtained from an Obligor shall not be applied to repayment of its Excluded Swap Obligations.
Appears in 1 contract
Samples: Loan and Security Agreement (Revolution Lighting Technologies, Inc.)
Dominion Account. The ledger balance in the main Dominion Account as of the end of a Business Day shall be applied to the applicable Obligations at the beginning of the next Business Day, during any Dominion Sweep Trigger Period. If a credit balance results from such application, it shall not accrue interest in favor of Borrowers and shall be made available to BorrowersBorrowers as long as no Event of Default exists.
Appears in 1 contract
Samples: Loan and Security Agreement (Key Energy Services Inc)
Dominion Account. The ledger balance in the main Dominion Account of each Borrower as of the end of a Business Day shall be applied to the applicable Obligations at the beginning of the next Business Day, during any Dominion Trigger Period. If a Any resulting credit balance results from such application, it shall not accrue interest in favor of Borrowers and shall be made available to Borrowers.the applicable Borrowers as long as no Default or Event of Default exists. 5.8
Appears in 1 contract
Samples: Loan and Security Agreement (Super Micro Computer, Inc.)
Dominion Account. The ledger balance in the main Dominion Account as of the end of a Business Day shall be applied to the applicable Obligations (other than the Secured Bank Product Obligations) at the beginning of the next Business Day, during any Dominion Trigger Period. If a Any resulting credit balance results from such application, it shall not accrue interest in favor of Borrowers and shall be made available to BorrowersBorrowers as long as no Default or Event of Default exists.
Appears in 1 contract
Samples: Guaranty and Security Agreement (ArcLight Clean Transition Corp.)
Dominion Account. The ledger balance in the main Dominion Account as of the end of a Business Day shall be applied to the applicable Obligations at the beginning of the next Business Day, Day during any Dominion Trigger Period. If a Any resulting credit balance results from such application, it shall not accrue interest in favor of Borrowers Borrower and shall be made available to Borrowers.Borrower as long as no Default or Event of Default exists. 5.7
Appears in 1 contract
Samples: Loan and Security Agreement (Summit Midstream Partners, LP)
Dominion Account. The During any Dominion Period, the ledger balance in the main Dominion Account as of the end of a Business Day shall be applied to the applicable Obligations at the beginning of the next Business Day, during any Dominion Trigger Period. If a credit balance results from such application, it shall not accrue interest in favor of Borrowers and shall be made available to BorrowersBorrowers as long as no Event of Default exists.
Appears in 1 contract
Dominion Account. The ledger balance in the main Dominion Account as of the end of a Business Day shall be applied to the applicable Obligations at the beginning of the next Business Day. If, during any Dominion Trigger Period. If as a result of such application, a credit balance results from such applicationexists, it the balance shall not accrue interest in favor of Borrowers and shall be made available to BorrowersBorrowers as long as no Default or Event of Default exists.
Appears in 1 contract
Dominion Account. The During any Trigger Period, the ledger balance in the main Dominion Account as of the end of a Business Day shall be applied to the applicable Obligations at the beginning of the next Business Day, during any Dominion Trigger Period. If a Any resulting credit balance results from such application, it shall not accrue interest in favor of Borrowers and shall be made available to BorrowersBorrowers as long as no Default or Event of Default exists.
Appears in 1 contract
Samples: Loan, Security and Guarantee Agreement (GEE Group Inc.)
Dominion Account. The ledger balance in the main Dominion Account as of the end of a Business Day shall be applied to the applicable Obligations at the beginning of the next Business Day, Day during any Dominion Trigger Period. If a Any resulting credit balance results from such application, it shall not accrue interest in favor of Borrowers Borrower and shall be made available to BorrowersBorrower as long as no Default or Event of Default exists.
Appears in 1 contract
Samples: Loan and Security Agreement (Summit Midstream Partners, LP)
Dominion Account. The ledger balance in the main Dominion Account as of the end of a Business Day shall be applied to the applicable Obligations at the beginning of the next Business Day, during any Dominion Trigger Period. If If, as a result of such application, a credit balance results from such applicationexists, it shall not accrue interest in favor of Borrowers and shall be made available to Borrowers.the balance
Appears in 1 contract
Dominion Account. The ledger balance in the main Dominion Account of each Borrower as of the end of a Business Day shall be applied to the applicable Obligations at the beginning of the next Business Day, during any Dominion Trigger Period. If a Any resulting credit balance results from such application, it shall not accrue interest in favor of Borrowers and shall be made available to Borrowersthe applicable Borrowers as long as no Default or Event of Default exists.”
Appears in 1 contract
Samples: Loan and Security Agreement (Super Micro Computer, Inc.)
Dominion Account. The ledger balance in the main Dominion Account as of the end of a Business Day shall be applied to the applicable Obligations at the beginning of the next Business Day, during any Cash Dominion Trigger Period. If a Any resulting credit balance results from such application, it shall not accrue interest in favor of Borrowers and shall be made available to BorrowersBorrowers as long as no Event of Default has occurred and is continuing. In no event shall monies and collateral proceeds obtained from an Obligor be applied to pay its Excluded Swap Obligations.
Appears in 1 contract
Samples: Loan and Security Agreement (Arlo Technologies, Inc.)
Dominion Account. The ledger balance in the main each Dominion Account as of the end of a Business Day shall be applied to the applicable Obligations at the beginning of the next Business Day, during any Dominion Sweep Trigger Period. If For the avoidance of doubt, if a credit balance results from such application, it shall not accrue interest in favor of Borrowers and shall be made available to BorrowersBorrowers as long as no Event of Default exists.
Appears in 1 contract
Dominion Account. The ledger balance in the main Dominion Account as of the end of a Business Day shall be applied to the applicable Obligations at the beginning of the next Business Day, during any Dominion Trigger Period. If a Any resulting credit balance results from such application, it shall not accrue interest in favor of Borrowers and shall be made available deposited into the Borrower Agent’s operating account at the beginning of the next Business Day as long as no Default or Event of Default exists. In no event shall monies and collateral proceeds obtained from an Obligor be applied to Borrowerspay its Excluded Swap Obligations.
Appears in 1 contract
Samples: Loan and Security Agreement (Servicesource International, Inc.)
Dominion Account. The ledger balance in the main Dominion Account as of the end of a Business Day shall be applied to the applicable Obligations at the beginning of the next Business Day, during any Dominion Trigger Period. If a credit balance results from such application, it shall not accrue interest in favor of Borrowers and shall be made available to BorrowersBorrowers as long as no Default or Event of Default exists.
Appears in 1 contract
Dominion Account. The ledger balance in the main Dominion Account as of the end of a Business Day shall be applied to the applicable Obligations at the beginning of the next Business Day, during any Dominion Trigger Period. If a credit balance results from such application, it shall not accrue interest in favor of Borrowers and shall be made available to BorrowersBorrowers as long as no Default or Event of Default exists.
Appears in 1 contract
Samples: Loan and Security Agreement (Casella Waste Systems Inc)
Dominion Account. The ledger balance in the main Dominion Account of each Borrower as of the end of a Business Day shall be applied to the applicable Obligations at the beginning of the next Business Day, during any Dominion Trigger Period. If a Any resulting credit balance results from such application, it shall not accrue interest in favor of Borrowers and shall be made available to Borrowers.the applicable Borrowers as long as no Default or Event of Default exists. (o) Amendment to Section 8.1
Appears in 1 contract
Samples: Loan and Security Agreement (Super Micro Computer, Inc.)
Dominion Account. The Subject to the Existing Facility Intercreditor Agreement and Section 5.5 hereof, the ledger balance in the main Dominion Account as of the end of a Business Day shall be applied to the applicable Obligations at the beginning of the next Business Day, during any Cash Dominion Trigger Period. If a Any resulting credit balance results from such application, it shall not accrue interest in favor of Borrowers and shall be made available to BorrowersBorrowers as long as no Default or Event of Default exists.
Appears in 1 contract
Samples: Loan, Guaranty and Security Agreement (SMART Global Holdings, Inc.)
Dominion Account. The ledger balance in the main Dominion Account of each Borrower as of the end of a Business Day shall be applied to the applicable Obligations of such Borrower at the beginning of the next Business Day, during any Cash Dominion Trigger Period. If a Any resulting credit balance results from such application, it shall not accrue interest in favor of Borrowers and shall be made available to BorrowersBorrowers as long as no Default or Event of Default exists.
Appears in 1 contract
Samples: Loan and Security Agreement (Hydrofarm Holdings Group, Inc.)
Dominion Account. The ledger balance in the main Dominion Account as of the end of a Business Day shall be applied to the applicable Obligations at the beginning of the next Business DayDay (with respect to the Obligations of US Borrowers, during any US Dominion Trigger Period). If a Any resulting credit balance results from such application, it shall not accrue interest in favor of Borrowers and shall be made available to BorrowersBorrowers as long as no Default or Event of Default exists.
Appears in 1 contract
Samples: Loan, Guaranty and Security Agreement (Turtle Beach Corp)
