Mandatory Prepayment on Revolving Loans. If at any time the sum of the aggregate amount of Revolving Loans plus LOC Obligations then outstanding shall exceed the Aggregate Revolving Committed Amount, as reduced from time to time, the Borrower shall immediately make payment on the Revolving Loans and then, if necessary, to a cash collateral account in respect of the LOC Obligations, in an amount sufficient to eliminate the deficiency. Any such payments shall be applied first to Prime Rate Loans and then to Eurodollar Loans in direct order of their Interest Period maturities.
Mandatory Prepayment on Revolving Loans. If at any time the aggregate amount of all outstanding Revolving Loans plus the aggregate amount of all outstanding Swing Line Loans shall exceed the Aggregate Revolving Committed Amount, as reduced from time to time, the Borrower shall immediately make payment on the Swing Line Loans and then, if necessary, on the Revolving Loans in an amount sufficient to eliminate the deficiency. Any such payments shall be applied first to Prime Rate Loans and then to Eurodollar Loans in direct order of their Interest Period maturities.
Mandatory Prepayment on Revolving Loans. If at any --------------------------------------- time the aggregate amount of Revolving Loans then outstanding shall exceed the Aggregate Revolving Committed Amount, as reduced from time to time, the Borrower shall immediately make payment on the Revolving Loans in an amount sufficient to eliminate the deficiency. Any such payments shall be applied first to Base Rate Loans and then to LIBOR Rate Loans in direct order of their Interest Period maturities.
Mandatory Prepayment on Revolving Loans. If at any time the aggregate amount of Revolving Loans then outstanding plus LOC Obligations shall exceed the Aggregate Revolving Committed Amount, as reduced from time to time, the Borrower shall immediately make payment on the Revolving Loans and (after all Revolving Loans have been repaid) cash collateralize the LOC Obligations in an amount sufficient to eliminate the deficiency. Any such payments shall be applied first to Base Rate Loans and then to LIBOR Rate Loans in direct order of their Interest Period maturities.
Mandatory Prepayment on Revolving Loans. If at any time the sum of the aggregate amount of Revolving Loans plus LOC Obligations plus Commercial Paper Obligations plus Swing Line Loans then outstanding shall exceed the Aggregate Revolving Committed Amount, as reduced from time to time, the Borrower shall immediately make payment on the Swing Line Loans, then Revolving Loans and then, if necessary, to a cash collateral account in respect of the LOC Obligations, in an amount sufficient to eliminate the deficiency. Any such payments shall be applied first to Prime Rate Loans and then to Eurodollar Loans in direct order of their Interest Period maturities.
Mandatory Prepayment on Revolving Loans. If at any time the Dollar Amount (determined as of the most recent Determination Date) of Revolving Loans and Foreign Currency Loans then outstanding shall exceed the Aggregate Revolving Committed Amount, as reduced from time to time, the Borrowers shall immediately
Mandatory Prepayment on Revolving Loans. If at any time the sum of the aggregate amount of the Revolving Credit Loan plus LOC Obligations then outstanding shall exceed the Revolving Credit Loan Committed Amount, as reduced or increased from time to time, Borrower shall immediately make payment on the Revolving Credit Loan and then, if necessary, to a cash collateral account in respect of the LOC Obligations, in an amount sufficient to eliminate the deficiency.
Mandatory Prepayment on Revolving Loans. If at any time the sum of the aggregate amount of all outstanding Revolving Loans plus the aggregate amount of all outstanding LOC Obligations plus the aggregate amount of all outstanding Swing Line Loans plus the AAL Reserve shall exceed the lesser of (i) the Borrowing Base and (ii) the Aggregate Revolving Committed Amount, as reduced from time to time, the Borrower shall immediately make payment on the Swing Line Loans and then, if necessary, on the Revolving Loans and then, if necessary, to a cash collateral account in respect of the LOC Obligations, in an amount sufficient to eliminate the deficiency. Any such payments shall be applied first to Base Rate Loans and then to Eurodollar Loans in direct order of their Interest Period maturities.
Mandatory Prepayment on Revolving Loans. Section 3.3(b) of the Credit Agreement is amended by deleting the language "the lesser of (i) the Borrowing Base and (ii)" contained therein.
Mandatory Prepayment on Revolving Loans. If at any time the --------------------------------------- aggregate amount of Revolving Loans and LOC Obligations then outstanding shall exceed the Aggregate Revolving Committed Amount, as reduced from time to time, the Borrower shall immediately make payment on the Revolving Loans in an amount sufficient to eliminate the excess and (after all Revolving Loans have been repaid) cash collateralize the LOC Obligations, in an amount sufficient to eliminate such excess. Any such payments shall be applied first to Base Rate Loans and then to LIBOR Rate Loans in direct order of their Interest Period maturities.
