Common use of Mandatory Prepayments of Revolving Loans Clause in Contracts

Mandatory Prepayments of Revolving Loans. (i) If at any time and for any reason (other than fluctuations in currency exchange rates) the Dollar Amount of the Revolving Credit Obligations are greater than the Aggregate Revolving Loan Commitment, the Borrower shall immediately make a mandatory prepayment of the Obligations in an amount equal to such excess. (ii) If at any time:

Appears in 3 contracts

Samples: Credit Agreement (Woodward Governor Co), Credit Agreement (Thomas Industries Inc), Credit Agreement (Woodward Governor Co)

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Mandatory Prepayments of Revolving Loans. (i) If at any time and for any reason (other than fluctuations in currency exchange rates) the Dollar Amount of the Revolving Credit Obligations are greater than the Aggregate Revolving Loan Commitment, the Borrower Borrowers shall immediately make a mandatory prepayment of the Obligations in an amount equal to such excess. (ii) If at any time:

Appears in 3 contracts

Samples: Credit Agreement (Woodward, Inc.), Credit Agreement (Woodward, Inc.), Credit Agreement (Woodward Governor Co)

Mandatory Prepayments of Revolving Loans. (i) If at any time and for any reason (other than fluctuations in currency exchange rates) the Dollar Amount of the Revolving Credit Obligations are is greater than the Aggregate Revolving Loan Commitment, the Borrower Company shall immediately make a mandatory prepayment of the Obligations in an amount equal to such excess. (ii) If at on the last Business Day of any timemonth:

Appears in 1 contract

Samples: 5 Year Revolving Credit Agreement (American National Can Group Inc)

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Mandatory Prepayments of Revolving Loans. (i) If at any time and for any reason (other than fluctuations in currency exchange rates) the Dollar Amount of the Revolving Credit Obligations are is greater than the Aggregate Revolving Loan Commitment, the Borrower shall immediately make a mandatory prepayment of the Obligations in an amount equal to such excess. (ii) If at any time:

Appears in 1 contract

Samples: Credit Agreement (Roper Industries Inc /De/)

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