Excess Loans. If at any time the aggregate principal amount of the Loans exceeds the Maximum Amount of Credit, the Company will promptly pay to you the amount of such excess.
Excess Loans. If at any time (x) the outstanding principal amount of all General Partnership Loans exceeds the sum of the General Partnership Commitments or (y) the outstanding principal amount of (1) the Working Capital Loans, plus (2) the Swingline Loans, plus (3) the LC Exposure exceeds the sum of the Working Capital Commitments, then the Borrower shall in each case repay immediately upon notice from the Administrative Agent, by payment to the Administrative Agent for the account of the Lenders, the General Partnership Loans or the Working Capital Loans (as applicable) in an amount equal to such excess; it being understood and agreed that, after repayment of the Working Capital Loans, any such remaining excess shall be applied as cash collateral in respect of the then outstanding LC Exposure in a comparable manner to that specified in Section 2.06(j). Each such prepayment shall be accompanied by (x) accrued interest to the extent required by Section 2.13 and (y) any amount required to be paid pursuant to Section 2.16.
Excess Loans. If at any time the outstanding principal amount of (1) the General Partnership Loans, plus (2) the Swingline Loans, plus (3) the LC Exposure exceeds the sum of the General Partnership Commitments, then the Borrower shall in each case repay immediately upon notice from the Administrative Agent, by payment to the Administrative Agent for the account of the relevant Lenders, or the General Partnership Loans in an amount equal to such excess; it being understood and agreed that, after repayment of the General Partnership Loans, any such remaining excess shall be applied as cash collateral in respect of the then outstanding LC Exposure in a comparable manner to that specified in Section 2.06(j). Each such prepayment shall be accompanied by (x) accrued interest to the extent required by Section 2.13 and (y) any amount required to be paid pursuant to Section 2.16.
Excess Loans. If at any time the outstanding principal amount of all Revolving Credit Loans exceeds the Revolving Credit Commitment LESS the sum of all outstanding L/C Obligations, the Borrower shall repay immediately upon notice from the Administrative Agent, by payment to the Administrative Agent for the account of the Revolving Credit Lenders, Revolving Credit Loans in an amount equal to such excess with each such repayment applied FIRST to the principal amount of outstanding Revolving Credit Loans and SECOND, with respect to any Letters of Credit then outstanding, to the deposit of cash collateral into a cash collateral account opened by the Administrative Agent and administered thereby in accordance with Section 12.2(b). Each such repayment shall be accompanied by any amount required to be paid pursuant to Section 5.10 hereof.
Excess Loans. The Borrower shall have repaid Loans under the ------------ Existing Credit Agreement in an amount equal to the excess, if any, of the aggregate Extensions of Credit (under and as defined in the Existing Credit Agreement) over the aggregate Commitments (under and as defined in the ---- Existing Credit Agreement), which excess amount is $49,000.
Excess Loans. If at any time the aggregate amount of all Revolving Credit Obligations exceeds the Revolving Credit Commitment, the Borrower shall (A) first, if (and to the extent) necessary to eliminate such excess, immediately repay outstanding Swingline Loans by the amount of such excess, (B) second, if (and to the extent) necessary to eliminate such excess, immediately repay outstanding Revolving Credit Loans which are Base Rate Loans by the amount of such excess, (C) third, if (and to the extent) necessary to eliminate such excess, immediately repay outstanding Revolving Credit Loans which are LIBOR Rate Loans by the amount of such excess, and (D) fourth, if (and to the extent) necessary to eliminate such excess, with respect to any Letters of Credit then outstanding, Cash Collateralize the amount of such excess. Each such repayment shall be accompanied by any amount required to be paid pursuant to Section 6.9 hereof.
Excess Loans. If at any time the outstanding principal amount of (1) the General Partnership Loans, plus (2) the Swingline Loans, plus (3) the LC Exposure exceeds the sum of the General Partnership Commitments, then the Borrower shall in each case repay immediately upon notice from the Administrative Agent, by payment to the Administrative Agent for the account of the relevant Lenders, or the General Partnership Loans in an amount equal to such excess; it being understood and agreed that, after repayment of the General Partnership Loans, any such remaining excess shall be applied as cash collateral in respect of the then outstanding LC Exposure in a comparable manner to that specified in Section 2.06(j). Each such prepayment shall be accompanied by (x) accrued interest to the extent required by Section 2.13 and (y) any amount required to be paid pursuant to Section 2.16. (q) Clause (b)(ii) of Section 2.11 of the Credit Agreement is amended and restated in its entirety to read as “[Intentionally Omitted.]”.
Excess Loans. Notwithstanding the provisions of Section 2.01 above, Lender may make Excess Loans (as defined below) to Borrowers. In the event (a) that, at any time, the Aggregate Revolving Loans exceed the Maximum Available Commitment, or (b) any Borrower should directly or indirectly become indebted to Lender for obligations other than those arising under this Agreement, then in such cases, such advances or such indebtedness shall be considered "Excess Loans" and shall be covered by the terms of this Agreement, including but not limited to those provisions affording the Lender a security interest in the Collateral so as to secure payment of all such Excess Loans. Notwithstanding anything stated herein to the contrary, the Lender shall be under no obligation (and has not committed) either to extend or permit Excess Loans.
Excess Loans. If at any time the outstanding principal amount of all Revolving Credit Loans plus the sum of all outstanding Swingline Loans plus all outstanding L/C Obligations exceeds the Aggregate Commitment, the Borrower shall repay immediately upon notice from the Administrative Agent, by payment to the Administrative Agent for the account of the Lenders, Extensions of Credit in the manner set forth in clause (iii) below.
Excess Loans. In the event the Secured Party shall make Advances to the Borrower for an amount in excess of the face amount indicated in the Credit Agreement, or if the Corporation should directly or indirectly become indebted to the Secured Party in an amount which is in excess of the said amount, the indebtedness shall nevertheless be secured by the terms of this Security Agreement up to the amount guaranteed under the Guarantee.
