Prepayments Due to Reductions or Restrictions of Revolving Loan Commitments. Borrower shall from time to time prepay first the Swing Line Loans and second the Revolving Loans to the extent necessary so that the Total Utilization of Revolving Loan Commitments shall not at any time exceed the Revolving Loan Commitments then in effect.
Appears in 4 contracts
Samples: Amendment Agreement (Brand Energy & Infrastructure Services, Inc), Credit Agreement (Brand Intermediate Holdings Inc), Credit Agreement (Brand Services)
Prepayments Due to Reductions or Restrictions of Revolving Loan Commitments. Borrower Company shall from time to time prepay first the Swing Line Loans and second the Revolving Loans (and, to the extent necessary after such prepayment, cash collateralize any outstanding Letters of Credit) to the extent necessary so that the Total Utilization of Revolving Loan Commitments shall not at any time exceed the Revolving Loan Commitments Commitment Amount then in effect.
Appears in 3 contracts
Samples: Credit Agreement (FTD Group, Inc.), Credit Agreement (FTD Inc), Credit Agreement (FTD Group, Inc.)
Prepayments Due to Reductions or Restrictions of Revolving Loan Commitments. Borrower Company shall from time to time prepay first the Swing Line Loans and second the Revolving Loans to the extent necessary so that the Total Utilization of Revolving Loan Commitments shall not at any time exceed the Revolving Loan Commitments then in effect.
Appears in 3 contracts
Samples: Credit Agreement (Petco Animal Supplies Inc), Credit Agreement (Sealy Corp), Credit Agreement (Oxford Health Plans Inc)
Prepayments Due to Reductions or Restrictions of Revolving Loan Commitments. The Borrower shall from time to time prepay first the Swing Line Loans and second the Revolving Loans to the extent necessary so that to give effect to the Total Utilization of Revolving Loan Commitments shall not at any time exceed the Revolving Loan Commitments then limitations set forth in effectSections 2.01(a) and 2.02(a).
Appears in 3 contracts
Samples: Credit Agreement (American Homepatient Inc), Credit Agreement (American Homepatient Inc), Credit Agreement (Capstone Pharmacy Services Inc)
Prepayments Due to Reductions or Restrictions of Revolving Loan Commitments. Borrower shall from time to time prepay first prepay, first, the Swing Line Loans and second and, second, the Revolving Loans and, third, to the extent that the Revolving Loans have been paid in full, cash collateralize all outstanding Letters of Credit, to the extent necessary so that the Total Utilization of Revolving Loan Commitments shall not at any time exceed the Revolving Loan Commitments then in effect.
Appears in 3 contracts
Samples: Credit Agreement (Isle of Capri Casinos Inc), Credit Agreement (Isle of Capri Casinos Inc), Credit Agreement (Isle of Capri Casinos Inc)
Prepayments Due to Reductions or Restrictions of Revolving Loan Commitments. The Borrower shall from time to time prepay first the Swing Line Loans and second the and/or Revolving Loans to the extent necessary so that the Total Utilization of Revolving Loan Commitments shall not at any time exceed the Revolving Loan Commitments then in effect; provided that no prepayments shall be required pursuant to this clause (g) due to fluctuations in the exchange rates of currencies, which is subject to clause (j) below.
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Prepayments Due to Reductions or Restrictions of Revolving Loan Commitments. The Borrower shall from time to time prepay first the Swing Line Loans and second the and/or Revolving Loans to the extent necessary so that the Total Utilization of Revolving Loan Commitments shall not at any time exceed the Revolving Loan Commitments then in effect; provided that no prepayments shall be required pursuant to this clause (g) due to fluctuations in the exchange rates of currencies, which is subject to clause (i) below.
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Prepayments Due to Reductions or Restrictions of Revolving Loan Commitments. Borrower Domestic Borrowers shall from time to time prepay first the Swing Line Loans and second the Revolving Loans and Offshore Revolving Loans on a pro rata basis to the extent necessary so that the Total Utilization of Revolving Loan Commitments shall not at any time exceed the Revolving Loan Commitments then in effect.
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Prepayments Due to Reductions or Restrictions of Revolving Loan Commitments. Borrower shall from time to time first prepay first the Swing Line Loans and Loans, second prepay the Revolving Loans and third cash collateralize any outstanding Letters of Credit to the extent necessary so that the Total Utilization of Revolving Loan Commitments shall not at any time exceed the Revolving Loan Commitments then in effect.
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Prepayments Due to Reductions or Restrictions of Revolving Loan Commitments. Borrower shall from time to time prepay first the Swing Line Loans and second the Revolving Loans to the extent necessary so that the Total Utilization of Revolving Loan Commitments shall not at any time exceed the lesser of (x) the Revolving Loan Commitments then in effect and (y) the Borrowing Base then in effect.
Appears in 1 contract
Samples: Credit Agreement (CFP Holdings Inc)
Prepayments Due to Reductions or Restrictions of Revolving Loan Commitments. Borrower Domestic Borrowers shall from time to time prepay first the Swing Line Loans and second the Revolving Loans to the extent necessary so that the Total Utilization of Revolving Loan Commitments shall not at any time exceed the Revolving Loan Commitments then in effect.
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