Mandatory Payments or Additional Security Interests. If, at any time, the outstanding balance of the Loan exceeds the Borrowing Base, RTL, at PLC’s request, agrees:
(a) to pay the amount of such excess within five (5) days following the written request of PLC; or
(b) Grant to PLC a security interest in additional PLC Financed Assets, and their corresponding Leases, as necessary to make the Borrowing Base equal to or greater than the outstanding balance of the Note. Failure of RTL to pledge additional PLC Financed Assets or make any such payment shall constitute a default under this Agreement and the Note.
Mandatory Payments or Additional Security Interests. If, at any time, the outstanding balance of the Loan exceeds the Borrowing Base, Rush Peterbilt Truck Centers, at PFC’s request, agrees:
(a) to pay the amount of such excess within five (5) days following the written request of PFC; or
(b) Grant to PFC a security interest in additional Inventory Assets as necessary to make the Borrowing Base equal to or greater than the outstanding balance of the Note. Failure of Rush Peterbilt Truck Centers to pledge additional Inventory Assets or make any such payment shall constitute a default under this Agreement and the Note.
