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)(2), if at any time and for any reason the amount of 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.

Appears in 1 contract

Samples: Credit Agreement (Alion Science & Technology Corp)

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Mandatory Prepayments of Revolving Loans. In addition to repayments under Section 2.5(B)(i)(e)(22.5(B)(i), if at any time and for any reason the amount of 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.

Appears in 1 contract

Samples: Credit Agreement (CTS Corp)

Mandatory Prepayments of Revolving Loans. In addition to repayments prepayments under Section 2.5(B)(i)(e)(22.5(B)(i)(e)(II), if at any time and for any reason the amount of 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.

Appears in 1 contract

Samples: Credit Agreement (Printpack Inc)

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Mandatory Prepayments of Revolving Loans. In addition to repayments ---------------------------------------- under Section 2.5(B)(i)(e)(22.5(i)(d)(ii), if at any time and for any reason the amount of the Revolving --------------------- Credit Obligations are greater than the Maximum Revolving Credit Amount, the Borrower Borrowers shall immediately make a mandatory prepayment of the Obligations in an amount equal to such excess.

Appears in 1 contract

Samples: Credit Agreement (Pacer International Inc)

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