Common use of Repayment of Credit Excess Clause in Contracts

Repayment of Credit Excess. In the event that there is a Credit Excess at any time, the Borrowers shall repay to the Lenders on demand the amount of the Credit Excess. Each such repayment shall be deposited by the Administrative Agent in a segregated account and held in trust for the Lenders to be applied to repay outstanding Loans as they mature or, as applicable, to satisfy reimbursement obligations with respect to outstanding Letters as such Loans mature or as such Letters are drawn upon, as the case may be.

Repayment of Credit Excess. In the event that there is a Credit Excess at any timetime under a particular Credit Facility, the Borrowers shall repay to the Lenders on demand the amount of the Credit ExcessExcess under such Credit Facility. Each such repayment shall be deposited by the Administrative Agent in a segregated account and held in trust for the Lenders to be applied to repay outstanding Loans under the relevant Credit Facility as they mature or, as applicable, to satisfy reimbursement obligations with respect to outstanding Letters as such Loans mature or as such Letters are drawn upon, as the case may be.

Repayment of Credit Excess. In the event that there is a Credit Excess at any time, the Borrowers Borrower shall repay to the Lenders on demand the amount of the Credit Excess. Each such repayment shall be deposited by the Administrative Agent in a segregated account and held in trust for the Lenders to be applied to repay outstanding Loans as they mature or, as applicable, to satisfy reimbursement obligations with respect to outstanding Letters as such Loans mature or as such Letters are drawn upon, as the case may bemature.

Repayment of Credit Excess. In the event that there is a Credit Excess at any timetime under the Credit Facility, the Borrowers shall repay to the Lenders on demand the amount of the Credit ExcessExcess under the Credit Facility. Each such repayment shall be deposited by the Administrative Agent in a segregated account and held in trust for the Lenders to be applied to repay outstanding Loans under the Credit Facility as they mature or, as applicable, to satisfy reimbursement obligations with respect to outstanding Letters as such Loans mature or as such Letters are drawn upon, as the case may be.

Repayment of Credit Excess. In the event that there is a Credit Excess at any timetime under a particular Credit Facility, the Borrowers Borrower shall repay to the Lenders on demand the amount of the Credit ExcessExcess under such Credit Facility. Each such repayment shall be deposited by the Administrative Agent in a segregated account and held in trust for the Lenders to be applied to repay outstanding Loans under the relevant Credit Facility as they mature or, as applicable, to satisfy reimbursement obligations with respect to outstanding Letters as such Loans mature or as such Letters are drawn upon, as the case may be.