Mandatory Partial Prepayment of Loans (Payment Shortfall. In the event that the aggregate principal balance on the Loans exceeds the Borrowing Base, then Debtor shall immediately make a mandatory partial prepayment of the Loans equal to the amount of such excess.
Appears in 4 contracts
Samples: Revolving Credit Agreement (Lease Equity Appreciation Fund I Lp), Revolving Credit Agreement (Lease Equity Appreciation Fund I Lp), Revolving Credit Agreement (Lease Equity Appreciation Fund I Lp)
Mandatory Partial Prepayment of Loans (Payment Shortfall. In the event that the aggregate principal balance on the Loans exceeds the Borrowing Base, then Debtor Borrowers shall be jointly and severally obligated to immediately make a mandatory partial prepayment of the Loans equal to the amount of such excess.
Appears in 1 contract
Samples: Revolving Credit Agreement (Lease Equity Appreciation Fund I Lp)
