Mandatory Prepayments of Revolving Loans. In addition to repayments under Section 2.5(B)(i)(e)(II), if the Revolving Credit Obligations are greater than the Maximum Revolving Credit Amount, the Borrower shall immediately make a mandatory prepayment of the Obligations in an amount equal to such excess. In addition, if the Revolving Credit Availability is at any time less than the amount of contingent L/C Obligations outstanding at any time, the Borrower shall deposit cash collateral with the Agent in an amount equal to the amount by which such L/C Obligations exceed such Revolving Credit Availability.
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Samples: Credit Agreement (SCP Pool Corp), Credit Agreement (SCP Pool Corp)
Mandatory Prepayments of Revolving Loans. In addition to repayments under Section 2.5(B)(i)(e)(II2.5(B)(i)(c)(II), if at any time and for any reason the Revolving Credit Obligations are greater than the Maximum Aggregate Revolving Credit AmountLoan Commitment, the Borrower shall immediately make a mandatory prepayment of the Obligations in an amount equal to such excess. In addition, if the Revolving Credit Availability is at any time less than the amount of contingent L/C Obligations outstanding at any time, the Borrower shall deposit cash collateral with the Agent in an amount equal to the amount by which such L/C Obligations exceed such Revolving Credit Availability.
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Samples: Credit Agreement (Binks Sames Corp)
Mandatory Prepayments of Revolving Loans. In addition to repayments under Section 2.5(B)(i)(e)(II2.4(B)(i)(d)(II), if at any time and for any reason the Revolving Credit Obligations are greater than the Maximum Aggregate Revolving Credit AmountLoan Commitment, the Borrower shall immediately make a mandatory prepayment of the Obligations in an amount equal to such excess. In addition, if the Revolving Credit Availability is at any time less than the amount of contingent L/C Obligations outstanding at any time, the Borrower shall deposit cash collateral with the Collateral Agent in an amount equal to the amount by which such L/C Obligations exceed such Revolving Credit Availability.. 37
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