Common use of Mandatory Repayment of Excess Loans Clause in Contracts

Mandatory Repayment of Excess Loans. If at any time the outstanding ----------------------------------- principal amount of all Loans exceeds the Commitment, the Borrower shall repay immediately upon notice from the Administrative Agent, by payment to the Administrative Agent for the account of the Lenders, the Loans in an amount equal to such excess.

Mandatory Repayment of Excess Loans. If at any time the outstanding ----------------------------------- principal amount of all Loans exceeds the CommitmentAggregate Commitment less the L/C Obligations, the Borrower shall repay immediately upon notice from the Administrative Agent, by payment to the Administrative Agent for the account of the Lenders, the Loans in an amount equal to such excess. Each such repayment shall be accompanied by any amount required to be paid pursuant to Section 4.9 hereof.

Mandatory Repayment of Excess Loans. If at any time the outstanding ----------------------------------- principal amount of all Loans exceeds the CommitmentAggregate Commitment less the L/C Obligations, the Borrower Borrowers shall repay immediately upon notice from the Administrative Agent, by payment to the Administrative Agent for the account of the Lenders, the Loans in an amount equal to such excess. Each such repayment shall be accompanied by any amount required to be paid pursuant to Section 4.9 hereof.

Mandatory Repayment of Excess Loans. If at any time the outstanding ----------------------------------- principal amount of all Loans exceeds the Commitment, the Borrower shall repay immediately upon notice from the Administrative Agent, by payment to the Administrative Agent for the account of the Lenders, the Loans in an amount equal to such excess.

Mandatory Repayment of Excess Loans. If at any time the outstanding ----------------------------------- principal amount of all Loans exceeds the Aggregate Commitment, the Borrower Borrowers shall repay immediately upon notice from the Administrative Agent, by payment to the Administrative Agent for the account of the Lenders, the Loans in an amount equal to such excessexcess with such repayment applied first to the principal amount of outstanding Loans. Each such repayment shall be accompanied by any amount required to be paid pursuant to Section 3.9 hereof.