Mandatory Payment. (a) If, at any time, the Revolving Credit Exposure shall exceed the Total Commitment Amount as then in effect, Borrower shall, as promptly as practicable, but in no event later than the next Business Day, prepay an aggregate principal amount of the Revolving Loans sufficient to bring the Revolving Credit Exposure within the Total Commitment Amount.
Appears in 2 contracts
Samples: Credit Agreement (Cintas Corp), Credit Agreement (Cintas Corp)
Mandatory Payment. (a) If, at any time, the Revolving Credit Exposure shall exceed the Total Commitment Amount as then in effect, Borrower Borrowers shall, as promptly as practicable, but in no event later than the next Business Day, prepay an aggregate principal amount of the Revolving Loans sufficient to bring the Revolving Credit Exposure within the Total Commitment Amount.
Appears in 2 contracts
Samples: Credit and Security Agreement (MTC Technologies Inc), Intercreditor Agreement (Cedar Fair L P)
Mandatory Payment. (a) If, at any time, the Revolving Credit Exposure shall exceed the Total Commitment Amount as then in effectAmount, Borrower the applicable Borrowers shall, as promptly as practicable, but in no event later than the next Business Day, prepay an aggregate principal amount of the Revolving Loans sufficient to bring the Revolving Credit Exposure aggregate outstanding principal amount of all such Loans within the Total Commitment Amount.
Appears in 1 contract
Mandatory Payment. (a) If, at any time, the Revolving Credit Exposure shall exceed the Total Revolving Credit Commitment Amount as then in effect, Borrower shall, as promptly as practicable, but in no event later than the next Business Day, prepay an aggregate principal amount of the Revolving Loans sufficient to bring the Revolving Credit Exposure within the Total Commitment AmountRevolving Credit Commitment.
Appears in 1 contract
Samples: Assignment and Acceptance Agreement (Pioneer Standard Electronics Inc)
Mandatory Payment. (a) If, at any time, the Revolving Credit Exposure shall exceed the Total Commitment Amount as then in effectAmount, Borrower shall, as promptly as practicable, but in no event later than the next Business Day, prepay an aggregate principal amount of the Revolving Loans sufficient to bring the Revolving Credit Exposure aggregate outstanding principal amount of all such Loans within the Total Commitment Amount.
Appears in 1 contract
Samples: Credit Agreement (Nordson Corp)
Mandatory Payment. (a) If, at any time, the Revolving Credit Exposure shall exceed the Total Commitment Maximum Revolving Amount as then in effect, Borrower Borrowers shall, as promptly as practicable, but in no event later than the next Business Day, prepay an aggregate principal amount of the Revolving Loans sufficient to bring the Revolving Credit Exposure within the Total Commitment Maximum Revolving Amount.
Appears in 1 contract
Samples: Credit and Security Agreement (MTC Technologies Inc)
Mandatory Payment. (ac) If, at any time, the Revolving Credit Exposure shall exceed the Total Commitment Amount as then in effectAmount, Borrower the applicable Borrowers shall, as promptly as practicable, but in no event later than the next Business Day, prepay an aggregate principal amount of the Revolving Loans sufficient to bring the Revolving Credit Exposure aggregate outstanding principal amount of all such Loans within the Total Commitment Amount.
Appears in 1 contract
Samples: Credit Agreement (Nordson Corp)
