Common use of Incremental Revolver Prepayment Clause in Contracts

Incremental Revolver Prepayment. If the Borrower shall increase the Revolving Loan Commitment Amount pursuant to this Section it shall prepay any Revolving Loans that are outstanding on the date of such increase (and pay any amounts required pursuant to Section 4.4) to the extent necessary to keep the outstanding Revolving Loan ratable with any revised Percentages as provided in Section 2.11.2 that arise from any non-ratable increase in the Revolving Loan Commitment Amount.

Appears in 2 contracts

Samples: Credit Agreement (Wayfair Inc.), Credit Agreement (Wayfair Inc.)

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Incremental Revolver Prepayment. If the Borrower shall increase the Revolving Loan Commitment Amount pursuant to this Section it shall prepay any Revolving Loans that are outstanding on the date of such increase (and pay any amounts required pursuant to Section 4.4) to the extent necessary to keep the outstanding Revolving Loan ratable with any revised Percentages as provided in Section 2.11.2 2.10.2 that arise from any non-ratable increase in the Revolving Loan Commitment Amount.

Appears in 2 contracts

Samples: Credit Agreement (GrubHub Inc.), Credit Agreement (GrubHub Inc.)

Incremental Revolver Prepayment. If the Borrower Borrowers shall increase the Revolving Loan Commitment Amount pursuant to this Section it they shall prepay any Revolving Loans that are outstanding on the date of such increase (and pay any amounts required pursuant to Section 4.4) to the extent necessary to keep the outstanding Revolving Loan Loans ratable with any revised Percentages as provided in Section 2.11.2 clause (i) that arise from any non-ratable increase in the Revolving Loan Commitment AmountCommitment.

Appears in 2 contracts

Samples: Credit Agreement (Applied Medical Corp), Credit Agreement (Applied Medical Corp)

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Incremental Revolver Prepayment. If the Borrower shall increase the Revolving Loan Commitment Amount pursuant to this Section it shall prepay any Revolving Loans that are outstanding on the date of such increase (and pay any amounts required pursuant to Section 4.4) to the extent necessary to keep the outstanding Revolving Loan ratable with any revised Percentages as provided in Section 2.11.2 clause (b) that arise from any non-ratable increase in the Revolving Loan Commitment Amount.

Appears in 1 contract

Samples: Credit Agreement (GrubHub Inc.)

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