Mandatory Repayments of Loan. (a) If at any time the sum of the Outstanding Obligations exceeds the Maximum Credit Amount, then the Borrower shall immediately pay the amount of such excess to the Agent for the respective accounts of the Lenders for application to the Loans.
Appears in 3 contracts
Samples: Revolving Credit Agreement (Amerivest Properties Inc), Unsecured Revolving Credit Agreement (Amerivest Properties Inc), Revolving Credit Agreement (Amerivest Properties Inc)
Mandatory Repayments of Loan. (a) If at any time the sum of the Outstanding Obligations Principal Amount exceeds the Maximum Credit Principal Amount, then the Borrower shall immediately pay the amount of such excess to the Agent for the respective accounts of the Lenders for application to the Loans.
Appears in 3 contracts
Samples: Credit Agreement (Prime Group Realty Trust), Credit Agreement (Prime Group Realty Trust), Credit Agreement (Prime Group Realty Trust)
Mandatory Repayments of Loan. (a) If at any time the sum of the Outstanding Obligations exceeds the Maximum Credit Amount, then the Borrower shall immediately pay the amount of such excess to the Agent for the respective accounts of the Lenders for application to the Loans.
Appears in 3 contracts
Samples: Revolving Credit and Guaranty Agreement (Sl Green Realty Corp), Revolving Credit Agreement (Amerivest Properties Inc), Revolving Credit and Guaranty Agreement (Sl Green Realty Corp)
Mandatory Repayments of Loan. (a) If at any time the sum of the Outstanding Obligations exceeds the Maximum Credit Amount, then the Borrower shall immediately pay the amount of such excess to the Agent for the respective accounts of the Lenders for application to the Loans. The Borrower shall repay Swingline Loans on or before the date required under Section 2.8.
Appears in 1 contract
Samples: Credit Agreement (Liberty Property Limited Partnership)
Mandatory Repayments of Loan. (a) If at any time the sum of the Outstanding Obligations outstanding amount of the Loans exceeds the Maximum Credit AmountLoan Balance, then the Borrower shall immediately pay the amount of such excess to the Agent for the respective accounts of the Lenders Banks for application to the Loans. 3.3.
Appears in 1 contract
Samples: Loan Agreement (Liberty Property Limited Partnership)
Mandatory Repayments of Loan. (a) If at any time the sum of the Outstanding Obligations exceeds the Maximum Credit Amount, then the Borrower shall immediately pay the amount of such excess to the Agent for the respective accounts of the Lenders for application to the Loans. The Borrower shall repay Swingline Loans on or before the date required under ss. 2.8.
Appears in 1 contract
