Common use of Repayment of Excess Advances Clause in Contracts

Repayment of Excess Advances. The aggregate balance of Revolving Advances, Swingline Loans and Letters of Credit outstanding at any time in excess of the maximum aggregate amount of such Advances permitted hereunder shall be immediately due and payable without the necessity of a demand, at the Payment Office, whether or not a Default or Event of Default has occurred, such amount to be applied first to the payment in full of outstanding Swingline Loans, and second if any excess amounts remain outstanding thereafter, to the Revolving Advances in accordance with Section 2.12(b).

Repayment of Excess Advances. The aggregate balance of Revolving Advances, Swingline Swing Loans and Letters of Credit and/or Advances taken as a whole outstanding at any time in excess of the maximum aggregate amount of such Revolving Advances, Swing Loans and/or Advances (as applicable) permitted hereunder shall be immediately due and payable without the necessity of a any demand, at the Payment Office, whether or not a Default or Event of Default has occurred, such amount to be applied first to the payment in full of outstanding Swingline Loans, and second if any excess amounts remain outstanding thereafter, to the Revolving Advances in accordance with Section 2.12(b).

Repayment of Excess Advances. The aggregate balance of Revolving Advances, Swingline Loans and Letters of Credit outstanding at any time in excess of the maximum aggregate amount of such Advances permitted hereunder shall be immediately due and payable without the necessity of a demand, at the Payment Office, whether or not a Default or Event of Default has occurred, such amount to be applied first to the payment in full of outstanding Swingline Loans, and second if any excess amounts remain outstanding thereafter, to the Revolving Advances in accordance with Section 2.12(b).