Common use of Mandatory Repayments of Revolving Credit Loans Clause in Contracts

Mandatory Repayments of Revolving Credit Loans. (a) If at any time the sum of the outstanding amount of the Revolving Credit Loans (including the Swing Line Loans), the Maximum Drawing Amount and all Unpaid Reimbursement Obligations exceeds the Total Commitment at such time, then the Borrower shall immediately pay the amount of such excess to the Administrative Agent for the respective accounts of the Lenders for application: first, to the Swing Line Loans; second, to any Unpaid Reimbursement Obligations; third, to the Revolving Credit Loans; and fourth, to provide to the Administrative Agent cash collateral for Reimbursement Obligations as contemplated by Section 4.2(b) and (c).

Mandatory Repayments of Revolving Credit Loans. (a) If at any time the sum of the outstanding amount of the Revolving Credit Loans (including the Swing Line Loans), the Maximum Drawing Amount Amount, any Swingline Loans, and all Unpaid Reimbursement Obligations exceeds the amount of the Total Commitment at such timeCommitment, then the Borrower shall immediately and without demand therefor pay the amount of such excess to the Administrative Agent for the respective accounts of the Lenders Banks for application: first, to the Swing Line Loans; second, to any Unpaid Reimbursement Obligations; thirdsecond to the Swingline Loans, third to the Revolving Credit Loans; and fourth, to provide to the Administrative Agent cash collateral for Reimbursement Obligations as contemplated by Section 4.2(b) and (c).Obligations