Repayment of Excess Advances. Any balance of Advances under the Revolving Facility outstanding at any time in excess of the lesser of the Facility Cap or the Availability shall be immediately due and payable by Borrower without the necessity of any demand, at the Payment Office, whether or not a Default or Event of Default has occurred or is continuing and shall be paid in the manner specified in Section 2.9.
Appears in 9 contracts
Samples: Loan and Security Agreement (Access Worldwide Communications Inc), Credit, Term Loan and Security Agreement (World Health Alternatives Inc), Revolving Credit and Security Agreement (Women First Healthcare Inc)
Repayment of Excess Advances. Any balance of Advances under the Revolving Facility outstanding at any time in excess of the lesser of the Facility Cap or the Availability shall be immediately due and payable by Borrower Borrowers without the necessity of any demand, at the Payment Office, whether or not a Default or Event of Default has occurred or is continuing and shall be paid in the manner specified in Section 2.9.
Appears in 2 contracts
Samples: Credit Agreement (Skilled Healthcare Group Inc), Revolving Credit and Security Agreement (Skilled Healthcare Group Inc)
Repayment of Excess Advances. Any balance of Advances under the Revolving Facility outstanding at any time in excess of the lesser of (a) the Facility Cap or (b) the Availability shall be immediately due and payable by Borrower without the necessity of any demand, demand at the Payment Office, whether or not a Default or Event of Default has occurred or is continuing and shall be paid in the manner specified in Section 2.92.6 (Promise to Pay, etc.).
Appears in 1 contract
Samples: Revolving Credit Agreement (Integrated Healthcare Holdings Inc)
Repayment of Excess Advances. Any balance of Advances under the Revolving Facility outstanding at any time in excess of the lesser of the Facility Cap or the Availability shall be immediately due and payable by Borrower without the necessity of any demand, at the Payment Office, whether or not a Default or Event of Default has occurred or is continuing and shall be paid in the manner specified in Section SECTION 2.9.
Appears in 1 contract
Repayment of Excess Advances. Any balance of Advances under the Revolving Facility outstanding at any time in excess of the lesser of (a) the Facility Cap in existence at such time or (b) the Availability minus the outstanding Letter of Credit Obligations shall be immediately due and payable by Borrower without the necessity of any demand, at the Payment Office, whether or not a Default or Event of Default has occurred or is continuing and shall be paid in the manner specified in Section 2.92.10.
Appears in 1 contract
