Common use of Mandatory Prepayments of Revolving Loans Clause in Contracts

Mandatory Prepayments of Revolving Loans. In addition to repayments under Section 2.5(B)(i)(e)(II), if at any time and for any reason (A) the Revolving Credit Obligations are greater than the Aggregate Revolving Loan Commitment or (B) the Revolving Credit Obligations (other than L/C Obligations in respect of commercial Letters of Credit) are greater than the Borrowing Base, the Borrower shall immediately make a mandatory prepayment of the Obligations in an amount equal to such excess.

Mandatory Prepayments of Revolving Loans. In addition to repayments under Section 2.5(B)(i)(e)(II2.5(B)(i)(e)(2), if at any time and for any reason (A) the amount of the Revolving Credit Obligations are greater than the Aggregate Revolving Loan Commitment or (B) the Maximum Revolving Credit Obligations (other than L/C Obligations in respect of commercial Letters of Credit) are greater than the Borrowing BaseAmount, the Borrower shall immediately make a mandatory prepayment of the Obligations in an amount equal to such excess.

Mandatory Prepayments of Revolving Loans. In addition to repayments under Section 2.5(B)(i)(e)(II), if at any time and for any reason (A) the Revolving Credit Obligations are greater than the Aggregate Revolving Loan Commitment or (B) the Maximum Revolving Credit Obligations (other than L/C Obligations in respect of commercial Letters of Credit) are greater than the Borrowing BaseAmount, the Borrower shall immediately make a mandatory prepayment of the Obligations in an amount equal to such excess.