Common use of Insufficient Funds Clause in Contracts

Insufficient Funds. If at any time insufficient funds are received by and available to the Administrative Agent to pay fully all amounts of principal, Letter of Credit Borrowings, interest and fees then due hereunder, such funds shall be applied as provided in Section 2.06(c).

Appears in 18 contracts

Samples: Credit Agreement (Purple Innovation, Inc.), Credit Agreement (Ferroglobe PLC), Credit Agreement (Matrix Service Co)

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Insufficient Funds. If at any time insufficient funds are received by and available to the Administrative Agent to pay fully all amounts of principal, Letter of Credit L/C Borrowings, interest and fees then due hereunder, such funds shall be applied as provided in Section 2.06(c)8.03.

Appears in 11 contracts

Samples: Credit Agreement (Acadia Healthcare Company, Inc.), Credit Agreement (Acadia Healthcare Company, Inc.), Credit Agreement (Integra Lifesciences Holdings Corp)

Insufficient Funds. If at any time insufficient funds are received by and available to the Administrative Agent to pay fully all amounts of principal, Letter of Credit L/C Borrowings, interest and fees then due hereunder, such funds shall be applied as provided in accordance with Section 2.06(c)9.03.

Appears in 6 contracts

Samples: Amendment and Restatement Agreement (Fti Consulting, Inc), Credit Agreement (Fti Consulting, Inc), Credit Agreement (Fti Consulting Inc)

Insufficient Funds. If at any time insufficient funds are received by and available to the Administrative Agent to pay fully all amounts of principal, Letter of Credit Borrowings, interest and fees then due hereunder, such funds shall be applied as provided in Section 2.06(c)8.03.

Appears in 5 contracts

Samples: Credit Agreement (Oportun Financial Corp), Credit Agreement (Prosper Funding LLC), Credit Agreement (Prosper Funding LLC)

Insufficient Funds. If at any time insufficient funds are received by and available to the Administrative Agent to pay fully all amounts of principal, Letter of Credit L/C Borrowings, interest and fees then due hereunder, such funds shall be applied as provided in Section 2.06(c)8.03.

Appears in 5 contracts

Samples: Credit Agreement (e.l.f. Beauty, Inc.), Credit Agreement (e.l.f. Beauty, Inc.), Credit Agreement (e.l.f. Beauty, Inc.)

Insufficient Funds. If at any time insufficient funds are received by and available to the Administrative Agent to pay fully all amounts of principal, Letter of Credit Borrowings, interest and fees then due hereunder, such funds shall be applied as provided applied: first (in Section 2.06(c)each case on a pro rata basis to the recipients thereof based upon the amounts then owed to them) to pay fees and expenses due to the Secured Parties under the Loan Documents, then to pay accrued and unpaid interest on the Loans, then to pay principal of the Loans and then to pay any and all other amounts payable to the Secured Parties under the Loan Documents.

Appears in 4 contracts

Samples: Credit Agreement (AquaVenture Holdings LTD), Credit Agreement (AquaVenture Holdings LTD), Credit Agreement (AquaVenture Holdings LTD)

Insufficient Funds. If at any time insufficient funds are received by and available to the Administrative Agent to pay fully all amounts of principal, Letter of Credit Borrowings, interest and fees then due owing hereunder, such funds shall be applied as provided in the manner set forth in, and subject to, Section 2.06(c)8.03.

Appears in 3 contracts

Samples: Credit Agreement (CSG Systems International Inc), Credit Agreement (CSG Systems International Inc), Credit Agreement (CSG Systems International Inc)

Insufficient Funds. If at any time insufficient funds are received by and available to the Administrative Agent to pay fully all amounts of principal, Letter of Credit Borrowings, interest and fees then due hereunder, such funds shall be applied as provided toward payment of interest and fees then due hereunder, ratably among the parties entitled thereto in Section 2.06(c)accordance with the amounts of interest and fees then due to such parties.

Appears in 3 contracts

Samples: Credit Agreement (Cablevision Systems Corp /Ny), Credit Agreement (CSC Holdings Inc), Credit Agreement (FreightCar America, Inc.)

Insufficient Funds. If at any time insufficient funds are received by and available to the Administrative Agent to pay fully all amounts of principal, Letter of Credit Borrowings, interest and fees then due hereunder, such funds shall be applied as provided in Section 2.06(c).

Appears in 3 contracts

Samples: Term Loan Credit Agreement (Purple Innovation, Inc.), Credit Agreement (Roadrunner Transportation Systems, Inc.), Credit Agreement (Roadrunner Transportation Systems, Inc.)

Insufficient Funds. If at any time insufficient funds are received by and available to the Administrative Agent to pay fully all amounts of principal, Letter of Credit Borrowings, interest and fees then due hereunder, such funds shall be applied as provided in Section 2.06(c)8.03.

Appears in 2 contracts

Samples: Credit Agreement (GSR II Meteora Acquisition Corp.), Second Lien Credit Agreement (CardConnect Corp.)

Insufficient Funds. If at any time insufficient funds are received by and available to the Administrative Agent to pay fully all amounts of principal, Letter of Credit Borrowings, interest and fees Obligations then due hereunder, such funds shall be applied as provided in consistent with Section 2.06(c2.10(b).

Appears in 2 contracts

Samples: Senior Secured Superpriority Debtor in Possession Term Loan Credit Agreement (DIEBOLD NIXDORF, Inc), Senior Secured Superpriority Debtor in Possession Term Loan Credit Agreement (DIEBOLD NIXDORF, Inc)

Insufficient Funds. If at any time insufficient funds are received by and available to the Administrative Agent to pay fully all amounts of principal, Letter of Credit Borrowings, interest and fees then due hereunder, such funds shall be applied as provided Article 11 first, toward payment of interest and fees then due hereunder, ratably among the parties entitled thereto in Section 2.06(c)accordance with the amounts of interest and fees then due to such parties, and Article 12 second, toward payment of principal then due hereunder, ratably among the parties entitled thereto in accordance with the amounts of principal then due to such parties.

Appears in 1 contract

Samples: Loan Agreement (Synutra International, Inc.)

Insufficient Funds. If at any time insufficient funds are received by and available to the Administrative Agent to pay fully all amounts of principal, Letter of Credit L/C Borrowings, interest and fees then due hereunder, such funds shall be applied as provided in Section 2.06(c).(i) first, to...

Appears in 1 contract

Samples: First Lien Credit Agreement

Insufficient Funds. If at any time insufficient funds are received by and available to the Administrative Agent to pay fully all amounts of principal, Letter of Credit Borrowings, interest and fees then due hereunder, such funds shall be applied as provided (i) first, toward payment of interest and fees then due hereunder, ratably among the parties entitled thereto in Section 2.06(c).accordance with the amounts of interest and fees then due to such parties, and

Appears in 1 contract

Samples: Senior Secured First Lien Term Loan Credit Agreement

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Insufficient Funds. If at any time insufficient funds are received by and available to the Administrative Agent to pay fully all amounts of principal, Letter of Credit Borrowings, interest and fees then due hereunder, such funds shall be applied as provided in Section 2.06(c).such

Appears in 1 contract

Samples: First Lien Credit Agreement (V2X, Inc.)

Insufficient Funds. If at any time insufficient funds are received by and available to the Administrative Agent to pay fully all amounts of principal, Letter of Credit Borrowings, interest and fees prepayment premiums then due hereunder, such funds shall be applied as provided in Section 2.06(c).

Appears in 1 contract

Samples: Credit Agreement (Purple Innovation, Inc.)

Insufficient Funds. If at any time insufficient funds are received by and available to the Administrative Agent to pay fully all amounts of principal, Letter of Credit L/C Borrowings, interest and fees then due hereunder, such funds shall be applied as provided in a manner consistent with Section 2.06(c)8.03.

Appears in 1 contract

Samples: Credit Agreement (Kennedy-Wilson Holdings, Inc.)

Insufficient Funds. If at any time insufficient funds are received by and available to the Administrative Agent to pay fully all amounts of principal, Letter of Credit L/C Borrowings, interest and fees then due hereunder, such funds shall be applied as provided in Section 2.06(c).,

Appears in 1 contract

Samples: Credit Agreement (Maravai Lifesciences Holdings, Inc.)

Insufficient Funds. If at any time insufficient funds are received by and available to the Administrative Agent to pay fully all amounts of principal, Letter of Credit L/C Borrowings, interest and fees then due hereunder, such funds shall be applied as provided in Section 2.06(c2.05(b).

Appears in 1 contract

Samples: Credit and Security Agreement (Katy Industries Inc)

Insufficient Funds. If at any time insufficient funds are received by and available to the Administrative Agent to pay fully all amounts of principal, Letter of Credit Borrowingsinterest, interest Prepayment Premium and fees then due hereunder, such funds shall be applied as provided in Section 2.06(c).(i) first, toward payment of interest, Prepayment Premium and fees then due hereunder, ratably among the parties entitled thereto in

Appears in 1 contract

Samples: Second Lien Credit Agreement (Ameresco, Inc.)

Insufficient Funds. If at any time insufficient funds are received by and available to the Administrative Agent to pay fully all amounts of principal, Letter of Credit Borrowings, principal and interest and fees then due hereunder, such funds shall be applied as provided (i) first, toward payment of interest then due hereunder, ratably among the parties entitled thereto in Section 2.06(c).accordance with the amounts of interest then due to such parties, and ​

Appears in 1 contract

Samples: Term Loan Agreement (Conagra Brands Inc.)

Insufficient Funds. If at any time insufficient funds are received by and available to the Administrative Agent to pay fully all amounts of principal, Letter of Credit Borrowings, interest and fees then due hereunder, such funds shall be applied as provided in Section 2.06(c2.06(b).

Appears in 1 contract

Samples: Credit Agreement (Twin Disc Inc)

Insufficient Funds. If at any time insufficient funds are received by and available to the Administrative Agent to pay fully all amounts of principal, Letter of Credit Borrowings, interest and fees then due hereunder, such funds shall be applied as provided in Section 2.06(c).(i) first, toward payment of fees of the Administrative Agent and the Collateral Agent (including fees of legal counsel) then due hereunder, ratably

Appears in 1 contract

Samples: Credit Agreement (Advanced Emissions Solutions, Inc.)

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