Loans in Excess of Commitment. If at any time the sum of the Outstanding amount of the Loans exceeds the Total Commitment, then the Borrowers shall immediately pay the amount of such excess to the Administrative Agent for application first, to the Swing Loans; and second, to the Revolving Credit Loans. Each prepayment of Loans shall be allocated among the Banks, in proportion, as nearly as practicable, to the respective unpaid principal amount of each Bank’s Loans, with adjustments to the extent practicable to equalize any prior payments or repayments not exactly in proportion.
Loans in Excess of Commitment. If, at any time, the amount of the Loans then outstanding shall exceed the Available Commitment, the Borrower shall, on such date and subject to Sections 2.10 and 2.11 hereof, make a repayment of the principal amount of the Loans in an amount equal to such excess, together with any accrued interest and fees with respect thereto.
Loans in Excess of Commitment. If at any time the sum of the Outstanding amount of the Loans exceeds the Total Commitment, then the Borrower shall immediately pay the amount of such excess to the Administrative Agent for application to the Loans.
Loans in Excess of Commitment. If at any time the outstanding principal amount of the Loans exceeds the Commitment, the Borrower shall immediately prepay the Loans, without penalty or premium (except as provided in Section 2.5(d)), in an amount necessary to cause the outstanding principal amount of the Loans not to exceed the Commitment. All accrued interest on the amount prepaid shall be paid with the prepayment.
Loans in Excess of Commitment. If on any date (after giving effect to any other repayments or prepayments on such date) the aggregate outstanding principal amount of Loans exceeds the Commitment then in effect, the Borrower shall repay on such date that principal amount of Loans in an aggregate amount equal to such excess.
Loans in Excess of Commitment. Borrower acknowledges that the Lender is not obligated and does not presently intend to make Loans or other extensions of credit to Borrower the principal amount of which, in the aggregate, at any time would exceed the
Loans in Excess of Commitment. If at any time the aggregate amount of ----------------------------- Loans outstanding shall exceed the amount of the Acquisition Commitment in effect at such time, the Company shall, within one Business Day, prepay the Loans in such amounts as shall be necessary to eliminate such excess.
Loans in Excess of Commitment. If at any time (a) the aggregate amount of either the Facility A Loans or the Facility B Loans outstanding shall exceed the amount of the Facility A Commitment or Facility B Commitment, respectively, in effect at such time, or (b) after the Investor Guaranty has been released pursuant to Section 2.14., the aggregate amount of the Facility B Loans shall exceed the Lesser of (i) the Facility B Commitment or (ii) the Borrowing Base, then, in each such case the Company shall, within one Business Day, prepay such Loans in such amounts as shall be necessary to eliminate such excess.
Loans in Excess of Commitment. If at any time the sum of the outstanding amount of the Loans exceeds the Total Commitment, then the Borrower shall immediately pay the amount of such excess to the Administrative Agent for application first, to the Competitive Bid Rate Loans; and second, to the Revolving Credit Loans. Each prepayment of Loans shall be allocated among the Banks (and, in the case of Banks making Competitive Bid Rate Loans, among such Banks), in proportion, as nearly as practicable, to the respective unpaid principal amount of each Bank's Note, with adjustments to the extent practicable to equalize any prior payments or repayments not exactly in proportion.
Loans in Excess of Commitment. If at any time the sum of the outstanding amount of the Loans, the Maximum Drawing Amount and all Unpaid Reimbursement Obligations exceeds the Total Commitment, then the Borrower shall immediately pay the amount of such excess to the Administrative Agent for application first, to any Unpaid Reimbursement Obligations; second, to the Swing Loans; third, to the Competitive Bid Rate Loans; fourth, to the Revolving Credit Loans; and fifth, to provide to the Administrative Agent cash collateral for Reimbursement Obligations as contemplated by ss.4.2(b) and (c). Each payment of any Unpaid Reimbursement Obligations or prepayment of Loans shall be allocated among the Banks (and, in the case of Swing Loans, the Co-Agents and in the case of Banks making Competitive Bid Rate Loans, among such Banks), in proportion, as nearly as practicable, to each Reimbursement Obligation or (as the case may be) the respective unpaid principal amount of each Bank's Note, with adjustments to the extent practicable to equalize any prior payments or repayments not exactly in proportion.
