Prepayments Due to Reductions or Restrictions of Revolving Loan Commitments. The Borrowers shall from time to time prepay 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 (Las Vegas Sands Corp), Credit Agreement (Las Vegas Sands Inc), Credit Agreement (Las Vegas Sands Corp)
Prepayments Due to Reductions or Restrictions of Revolving Loan Commitments. The Borrowers Borrower shall from time to time prepay 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 2 contracts
Samples: Credit Agreement (Boyds Collection LTD), Credit Agreement (Courtside Acquisition Corp)
Prepayments Due to Reductions or Restrictions of Revolving Loan Commitments. The Borrowers Borrower shall from time to time prepay the Revolving Loans (or, if the Revolving Loans have been prepaid in full, cash collateralize 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. The Borrowers Company shall from time to time prepay 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 effecteffect and (y) the Borrowing Base at such time.
Appears in 1 contract
Prepayments Due to Reductions or Restrictions of Revolving Loan Commitments. The Borrowers Borrower shall from time to time prepay the Revolving Loans and 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.
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Prepayments Due to Reductions or Restrictions of Revolving Loan Commitments. The Borrowers Borrower shall from time to time prepay first 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 the Revolving Loan Commitments or the Borrowing Base then in effecteffect and second to cash collateralize any outstanding Letters of Credit.
Appears in 1 contract
Samples: Credit Agreement (Integrated Defense Technologies Inc)
