Mandatory Prepayments of Revolving Loan. The Borrower shall make the mandatory prepayments (each a "Revolving Loan Mandatory Prepayment" and collectively, the "Revolving Loan Mandatory Prepayments") of the Revolving Loan at any time and from time to time in such amounts requested by the Lender pursuant to Section 2.1.3 (Borrowing Base) in order to cover any Borrowing Base Deficiency.
Appears in 3 contracts
Samples: Financing and Security Agreement (Dcap Group Inc/), Financing and Security Agreement (Sensys Technologies Inc), Financing and Security Agreement (Sensytech Inc)
Mandatory Prepayments of Revolving Loan. The Borrower Borrowers shall make the mandatory prepayments (each a "“Revolving Loan Mandatory Prepayment" ” and collectively, the "“Revolving Loan Mandatory Prepayments"”) of the Revolving Loan at any time and from time to time in such amounts requested by the Lender pursuant to Section 2.1.3 (Computation of Borrowing Base) in order to cover any Borrowing Base Deficiency.
Appears in 3 contracts
Samples: Financing and Security Agreement (Tvi Corp), Financing and Security Agreement (Tvi Corp), Financing and Security Agreement (Tvi Corp)
Mandatory Prepayments of Revolving Loan. The Borrower shall make the mandatory prepayments (each a "“Revolving Loan Mandatory Prepayment" ” and collectively, the "“Revolving Loan Mandatory Prepayments"”) of the Revolving Loan at any time and from time to time in such amounts requested by the Lender Agent pursuant to Section 2.1.3 (Borrowing Base) in order to cover any Borrowing Base Deficiency, provided, under the circumstances set forth in Section 2.1.13 (Early Termination Fee), the Early Termination Fee may be due and payable.
Appears in 2 contracts
Samples: Financing and Security Agreement (Dcap Group Inc), Financing and Security Agreement (Dcap Group Inc)
Mandatory Prepayments of Revolving Loan. The Borrower Borrowers shall make the mandatory prepayments (each a "Revolving Loan Mandatory Prepayment" and collectively, the "Revolving Loan Mandatory Prepayments") of the Revolving Loan at any time and from time to time in such amounts requested by the Lender Administrative Agent pursuant to Section 2.1.3 (Borrowing Base) in order to cover any Borrowing Base Deficiency.
Appears in 2 contracts
Samples: Financing and Security Agreement (Walbro Corp), Financing and Security Agreement (Walbro Corp)
Mandatory Prepayments of Revolving Loan. The Borrower Borrowers shall make the mandatory prepayments (each a "“Revolving Loan Mandatory Prepayment" ” and collectively, the "“Revolving Loan Mandatory Prepayments"”) of the Revolving Loan at any time and from time to time in such amounts requested by the Lender as is required pursuant to Section 2.1.3 (Borrowing Base) in order to cover any Borrowing Base Deficiency.
Appears in 2 contracts
Samples: Financing and Security Agreement (Gp Strategies Corp), Financing and Security Agreement (Gp Strategies Corp)
Mandatory Prepayments of Revolving Loan. The Borrower Borrowers shall make the mandatory prepayments (each a "Revolving Loan Mandatory Prepayment" and collectively, the "Revolving Loan Mandatory Prepayments") of the Revolving Loan at any time and from time to time in such amounts requested by the Lender pursuant to Section 2.1.3 (Borrowing Base) of this Agreement in order to cover any Borrowing Base Deficiency.
Appears in 2 contracts
Samples: Financing and Security Agreement (Kimberton Enterprises Inc), Financing and Security Agreement (Paradise Color Inc)
Mandatory Prepayments of Revolving Loan. The Borrower Borrowers shall make the mandatory prepayments (each a "Revolving Loan Mandatory Prepayment" and collectively, the "Revolving Loan Mandatory Prepayments") of the Revolving Loan at any time and from time to time in such amounts requested by the Lender pursuant to Section 2.1.3 2.1.8 (Borrowing Base) in order to cover any Borrowing Base Deficiency.
Appears in 2 contracts
Samples: Financing and Security Agreement (Argan Inc), Financing and Security Agreement (Argan Inc)
Mandatory Prepayments of Revolving Loan. The Borrower Borrowers shall make the mandatory prepayments (each a "Revolving Loan Mandatory Prepayment" and collectively, the "Revolving Loan Mandatory Prepayments") of the Revolving Loan at any time and from time to time in such amounts requested by the Lender pursuant to Section 2.1.3 (Borrowing Base) in order to cover any Borrowing Base Deficiency.
Appears in 1 contract
Mandatory Prepayments of Revolving Loan. The Borrower shall make the mandatory prepayments (each a "Revolving Loan Mandatory Prepayment" and collectively, the "Revolving Loan Mandatory Prepayments") of the Revolving Loan at any time and from time to time in such amounts requested by the Lender pursuant to Section 2.1.3 (Borrowing Base) of this Agreement in order to cover any Borrowing Base DeficiencyDeficiency and in order to cover any deficiency under Section 2.1.12 (Required Availability under the Revolving Credit Facility).
Appears in 1 contract
Samples: Financing and Security Agreement (Chatwins Group Inc)
Mandatory Prepayments of Revolving Loan. The Borrower shall make the mandatory prepayments (each a "Revolving Loan Mandatory Prepayment" and collectively, the "Revolving Loan Mandatory Prepayments") of the Revolving Loan at any time and from time to time in such amounts requested by the Lender as is required pursuant to Section 2.1.3 (Borrowing Base) in order to cover any Borrowing Base Deficiency.
Appears in 1 contract
Samples: Financing and Security Agreement (Gp Strategies Corp)
Mandatory Prepayments of Revolving Loan. The Borrower Borrowers, jointly and severally, shall make the mandatory prepayments (each a "Revolving Loan Mandatory Prepayment" and collectively, the "Revolving Loan Mandatory Prepayments") of the Revolving Loan at any time and from time to time in such amounts requested by the Lender pursuant to Section 2.1.3 (Borrowing Base) of this Agreement in order to cover any Borrowing Base Deficiency.
Appears in 1 contract
Mandatory Prepayments of Revolving Loan. The Borrower Borrowers shall make the mandatory prepayments (each a "Revolving Loan Mandatory Prepayment" and collectively, the "Revolving Loan Mandatory Prepayments") of the Revolving Loan at any time and from time to time in such amounts requested by the Lender Agent pursuant to Section 2.1.3 (Borrowing Base) in order to cover any Borrowing Base Deficiency.
Appears in 1 contract
Mandatory Prepayments of Revolving Loan. The Borrower Borrowers shall make the mandatory prepayments (each a "Revolving Loan Mandatory Prepayment" and collectively, the "Revolving Loan Mandatory Prepayments") of the Revolving Loan at any time and from time to time in such amounts requested by the Lender pursuant to Section 2.1.3 and 5.2.2 (Borrowing Base) of this Agreement in order to cover any Borrowing Base Deficiency.
Appears in 1 contract
Samples: Financing and Security Agreement (Dispatch Management Services Corp)
Mandatory Prepayments of Revolving Loan. The Borrower shall make the mandatory prepayments (each a "Revolving Loan Mandatory Prepayment" and collectively, the "Revolving Loan Mandatory Prepayments") of the Revolving Loan at any time and from time to time in such amounts requested by the Lender pursuant to Section 2.1.3 2.1.4 (Borrowing Base) in order to cover any Borrowing Base Deficiency.
Appears in 1 contract
Mandatory Prepayments of Revolving Loan. The Borrower shall make the mandatory prepayments (each a "Revolving Loan Mandatory Prepayment" and collectively, the "Revolving Loan Mandatory Prepayments") of the Revolving Loan at any time and from time to time in such amounts requested by the Lender Agent or the Majority Lenders pursuant to Section 2.1.3 (Borrowing Base) of this Agreement in order to cover any Borrowing Base DeficiencyDeficiency and in order to cover any deficiency under Section 2.1.12 (Required Availability under the Revolving Credit Facility).
Appears in 1 contract
Samples: Financing and Security Agreement (Reunion Industries Inc)
Mandatory Prepayments of Revolving Loan. The Borrower Borrowers shall make the mandatory prepayments (each a "“Revolving Loan Mandatory Prepayment" ” and collectively, the "“Revolving Loan Mandatory Prepayments"”) of the Revolving Loan at any time and from time to time in such amounts requested by the Lender Agent pursuant to Section 2.1.3 (Borrowing Base) in order to cover any Borrowing Base Deficiency.
Appears in 1 contract
Mandatory Prepayments of Revolving Loan. The Borrower Borrowers shall make the mandatory prepayments (each a "Revolving Loan Mandatory Prepayment" and collectively, the "Revolving Loan Mandatory Prepayments") of the Revolving Loan at any time and from time to time in such amounts requested by the Lender pursuant to Section 2.1.3 (Borrowing Base) and/or Section 2.1.11(c) (Required Availability under the Revolving Credit Facility) of this Agreement in order to cover any Borrowing Base Deficiency.
Appears in 1 contract
Samples: Financing and Security Agreement (Clean Towel Service Inc)
Mandatory Prepayments of Revolving Loan. The Borrower Borrowers shall make the mandatory prepayments (each a "“Revolving Loan Mandatory Prepayment" ” and collectively, the "“Revolving Loan Mandatory Prepayments"”) of the Revolving Loan at any time and from time to time in such amounts requested by the Lender pursuant to Section 2.1.3 (Borrowing Base) in order to cover any Borrowing Base Deficiency.
Appears in 1 contract
