Common use of Mandatory Repayments of Loans Clause in Contracts

Mandatory Repayments of Loans. If at any time (a) the sum of the outstanding amount of the Loans, the Maximum Drawing Amount and all Unpaid Reimbursement Obligations exceeds the Total Commitment at such time or (b) the sum of the outstanding amount of all Loans denominated in Alternative Currencies exceeds the Alternative Currency Sublimit at such time, then BGI shall immediately pay or (solely in the case of the Xxxxxx Germany Loans) shall cause Xxxxxx Germany to pay or (solely in the case of the Xxxxxx Luxembourg Loans) shall cause Xxxxxx Luxembourg to pay or (solely in the case of the Xxxxxx Switzerland Loans) shall cause Xxxxxx Switzerland to pay the amount of such excess to the Administrative Agent for the respective accounts of the Lenders for application: first, to any Unpaid Reimbursement Obligations; second, to the Loans; and third, to Cash Collateralize the Reimbursement Obligations. Subject to §5.14, each payment of any Unpaid Reimbursement Obligations or prepayment of Loans shall be applied to the Unpaid Reimbursement Obligations or the Loans of the Lenders in accordance with their respective Commitment Percentages. For the avoidance of doubt, (i) any payments by Xxxxxx Germany shall be applied solely to the Xxxxxx Germany Loans or Unpaid Reimbursement Obligations or Reimbursement Obligations in respect of Letters of Credit issued for the account of Xxxxxx Germany, (ii) any payments by Xxxxxx Luxembourg shall be applied solely to the Xxxxxx Luxembourg Loans or Unpaid Reimbursement Obligations or Reimbursement Obligations in respect of Letters of Credit issued for the account of Xxxxxx Luxembourg, and (iii) any payments by Xxxxxx Switzerland shall be applied solely to the Xxxxxx Switzerland Loans or Unpaid Reimbursement Obligations or Reimbursement Obligations in respect of Letters of Credit issued for the account of Xxxxxx Switzerland. DB3/ 204224713.6 49

Mandatory Repayments of Loans. If at any time (a) the sum of the outstanding amount of the Loans, the Maximum Drawing Amount and all Unpaid Reimbursement Obligations exceeds the Total Commitment at such time or (b) the sum of the outstanding amount of all Loans denominated in Alternative Currencies exceeds the Alternative Currency Sublimit at such time, then BGI shall immediately pay or (solely in the case of the Xxxxxx Germany Loans) shall cause Xxxxxx Germany to pay or (solely in the case of the Xxxxxx Luxembourg Loans) shall cause Xxxxxx Luxembourg to pay or (solely in the case of the Xxxxxx Switzerland Loans) shall cause Xxxxxx Switzerland to pay the amount of such excess to the Administrative Agent for the respective accounts of the Lenders for application: first, to any Unpaid Reimbursement Obligations; second, to the Loans; and third, to Cash Collateralize the Reimbursement Obligations. Subject to §5.14, each payment of any Unpaid Reimbursement Obligations or prepayment of Loans shall be applied to the Unpaid Reimbursement Obligations or the Loans of the Lenders in accordance with their respective Commitment Percentages. For the avoidance of doubt, (i) any payments by Xxxxxx Germany shall be applied solely to the Xxxxxx Germany Loans or Unpaid Reimbursement Obligations or Reimbursement Obligations in respect of Letters of Credit issued for the account of Xxxxxx Germany, (ii) any payments by Xxxxxx Luxembourg Xxxxxxxxxx shall be applied solely to the Xxxxxx Luxembourg Loans or Unpaid Reimbursement Obligations or Reimbursement Obligations in respect of Letters of Credit issued for the account of Xxxxxx Luxembourg, and (iii) any payments by Xxxxxx Switzerland shall be applied solely to the Xxxxxx Switzerland Loans or Unpaid Reimbursement Obligations or Reimbursement Obligations in respect of Letters of Credit issued for the account of Xxxxxx Switzerland. DB3/ 204224713.6 49.

Mandatory Repayments of Loans. If at any time (a) the sum of the outstanding amount of the Loans, the Maximum Drawing Amount and all Unpaid Reimbursement Obligations exceeds the Total Commitment at such time or (b) the sum of the outstanding amount of all Loans denominated in Alternative Currencies exceeds the Alternative Currency Sublimit at such time, then BGI shall immediately pay or (solely in the case of the Xxxxxx Germany Loans) shall cause Xxxxxx Germany to pay or (solely in the case of the Xxxxxx Luxembourg Loans) shall cause Xxxxxx Luxembourg to pay or (solely in the case of the Xxxxxx Switzerland Loans) shall cause Xxxxxx Switzerland to pay the amount of such excess to the Administrative Agent for the respective accounts of the Lenders for application: first, to any Unpaid Reimbursement Obligations; second, to the Loans; and third, to Cash Collateralize the Reimbursement Obligations. Subject to §5.14, each payment of any Unpaid Reimbursement Obligations or prepayment of Loans shall be applied to the Unpaid Reimbursement Obligations or the Loans of the Lenders in accordance with their respective Commitment Percentages. For the avoidance of doubt, (i) any payments by Xxxxxx Germany shall be applied solely to the Xxxxxx Germany Loans or Unpaid Reimbursement Obligations or Reimbursement Obligations in respect of Letters of Credit issued for the account of Xxxxxx Germany, (ii) any payments by Xxxxxx Luxembourg shall be applied solely to the Xxxxxx Luxembourg Loans or Unpaid Reimbursement Obligations or Reimbursement Obligations in respect of Letters of Credit issued for the account of Xxxxxx Luxembourg, and (iiiii) any payments by Xxxxxx Switzerland shall be applied solely to the Xxxxxx Switzerland Loans or Unpaid Reimbursement Obligations or Reimbursement Obligations in respect of Letters of Credit issued for the account of Xxxxxx Switzerland. DB3/ 204224713.6 49.

Mandatory Repayments of Loans. If at any time (a) the sum of the outstanding amount of the Loans, the Maximum Drawing Amount and all Unpaid Reimbursement Obligations exceeds the Total Commitment at such time or (b) the sum of the outstanding amount of all Loans denominated in Alternative Currencies exceeds the Alternative Currency Sublimit at such time, then BGI shall immediately pay or (solely in the case of the Xxxxxx Germany Loans) shall cause Xxxxxx Germany to pay or (solely in the case of the Xxxxxx Luxembourg Loans) shall cause Xxxxxx Luxembourg Xxxxxxxxxx to pay or (solely in the case of the Xxxxxx Switzerland Loans) shall cause Xxxxxx Switzerland to pay the amount of such excess to the Administrative Agent for the respective accounts of the Lenders for application: first, to any Unpaid Reimbursement Obligations; second, to the Loans; and third, to Cash Collateralize the Reimbursement Obligations. Subject to §5.14, each payment of any Unpaid Reimbursement Obligations or prepayment of Loans shall be applied to the Unpaid Reimbursement Obligations or the Loans of the Lenders in accordance with their respective Commitment Percentages. For the avoidance of doubt, (i) any payments by Xxxxxx Germany shall be applied solely to the Xxxxxx Germany Loans or Unpaid Reimbursement Obligations or Reimbursement Obligations in respect of Letters of Credit issued for the account of Xxxxxx Germany, (ii) any payments by Xxxxxx Luxembourg shall be applied solely to the Xxxxxx Luxembourg Loans or Unpaid Reimbursement Obligations or Reimbursement Obligations in respect of Letters of Credit issued for the account of Xxxxxx Luxembourg, and (iiiii) any payments by Xxxxxx Switzerland shall be applied solely to the Xxxxxx Switzerland Loans or Unpaid Reimbursement Obligations or Reimbursement Obligations in respect of Letters of Credit issued for the account of Xxxxxx Switzerland. DB3/ 204224713.6 49.

Mandatory Repayments of Loans. If at any time (a) the sum of the outstanding amount of the Loans, the Maximum Drawing Amount and all Unpaid Reimbursement Obligations exceeds the Total Commitment at such time or (b) the sum of the outstanding amount of all Loans denominated in Alternative Currencies exceeds the Alternative Currency Sublimit at such time, then BGI shall immediately pay or (solely in the case of the Xxxxxx Germany Loans) shall cause Xxxxxx Germany to pay or (solely in the case of the Xxxxxx Luxembourg Loans) shall cause Xxxxxx Luxembourg to pay or (solely in the case of the Xxxxxx Switzerland Loans) shall cause Xxxxxx Switzerland to pay the amount of such excess to the Administrative Agent for the respective accounts of the Lenders for application: first, to any Unpaid Reimbursement Obligations; second, to the Loans; and third, to Cash Collateralize the Reimbursement Obligations. Subject to §Section 5.14, each payment of any Unpaid Reimbursement Obligations or prepayment of Loans shall be applied to the Unpaid Reimbursement Obligations or the Loans of the Lenders in accordance with their respective Commitment Percentages. For the avoidance of doubt, (i) any payments by Xxxxxx Germany shall be applied solely to the Xxxxxx Germany Loans or Unpaid Reimbursement Obligations or Reimbursement Obligations in respect of Letters of Credit issued for the account of Xxxxxx Germany, (ii) any payments by Xxxxxx Luxembourg shall be applied solely to the Xxxxxx Luxembourg Loans or Unpaid Reimbursement Obligations or Reimbursement Obligations in respect of Letters of Credit issued for the account of Xxxxxx Luxembourg, and (iii) any payments by Xxxxxx Switzerland shall be applied solely to the Xxxxxx Switzerland Loans or Unpaid Reimbursement Obligations or Reimbursement Obligations in respect of Letters of Credit issued for the account of Xxxxxx Switzerland. DB3/ 204224713.6 49.

Mandatory Repayments of Loans. If at any time (a) the sum of the outstanding amount of the Loans, the Maximum Drawing Amount and all Unpaid Reimbursement Obligations exceeds the Total Commitment at such time or (b) the sum of the outstanding amount of all Loans denominated in Alternative Currencies exceeds the Alternative Currency Sublimit at such time, then BGI shall immediately pay or (solely in the case of the Xxxxxx Germany Loans) shall cause Xxxxxx Germany to pay or (solely in the case of the Xxxxxx Luxembourg Loans) shall cause Xxxxxx Luxembourg to pay or (solely in the case of the Xxxxxx Switzerland Loans) shall cause Xxxxxx Switzerland to pay the amount of such excess to the Administrative Agent for the respective accounts of the Lenders for application: first, to any Unpaid Reimbursement Obligations; second, to the Loans; and third, to Cash Collateralize the Reimbursement Obligations. Subject to §5.14, each payment of any Unpaid Reimbursement Obligations or prepayment of Loans shall be applied to the Unpaid Reimbursement Obligations or the Loans of the Lenders in accordance with their respective Commitment Percentages. For the avoidance of doubt, (i) any payments by Xxxxxx Germany shall be applied solely to the Xxxxxx Germany Loans or Unpaid Reimbursement Obligations or Reimbursement Obligations in respect of Letters of Credit issued for the account of Xxxxxx Germany, (ii) any payments by Xxxxxx Luxembourg shall be applied solely to the Xxxxxx Luxembourg Loans or Unpaid Reimbursement Obligations or Reimbursement Obligations in respect of Letters of Credit issued for the account of Xxxxxx Luxembourg, and (iii) any payments by Xxxxxx Switzerland shall be applied solely to the Xxxxxx Switzerland Loans or Unpaid Reimbursement Obligations or Reimbursement Obligations in respect of Letters of Credit issued for the account of Xxxxxx Switzerland. DB3/ 204224713.6 49.