Common use of Repayment of Credit Excess Clause in Contracts

Repayment of Credit Excess. The Borrower shall repay to the Administrative Agent for the account of the Lenders the amount of any Credit Excess existing from time to time on account of a reduction of the Credit Limit, any such repayment to be made no later than the date of the scheduled reduction of the amount of the Credit Limit pursuant to Section 2.3.

Repayment of Credit Excess. The Borrower shall repay to the Administrative Agent for the account of the Lenders Lenders, on demand by the Administrative Agent, the amount of any Credit Excess existing from time to time on account of a reduction of the Credit Limittime, any such repayment to be made no later than three Banking Days after the date making of the scheduled reduction of the amount of the Credit Limit pursuant to Section 2.3such demand.