Repayment of Excess Revolving Advances. The aggregate balance of Revolving Advances outstanding at any time in excess of the maximum amount of Revolving Advances permitted hereunder shall be immediately due and payable without the necessity of any demand, at the Payment Office, whether or not a Default or Event of Default has occurred.
Appears in 10 contracts
Samples: Revolving Credit, Term Loan and Security Agreement (Integrated Biopharma Inc), Financing Agreement (Rafaella Apparel Group,inc.), Financing Agreement (Rafaella Apparel Group,inc.)
Repayment of Excess Revolving Advances. The aggregate balance of Revolving Advances outstanding at any time in excess of the maximum amount of Revolving Advances permitted hereunder shall be immediately due and payable without the necessity of any demand, at the Payment Office, whether or not a Default or Event of Default has occurred.50
Appears in 1 contract
Samples: Loan and Security Agreement (Veeco Instruments Inc)
Repayment of Excess Revolving Advances. The aggregate balance -------------------------------------- of Revolving Advances outstanding at any time in excess of the maximum amount of Revolving Advances permitted hereunder shall be immediately due and payable without the necessity of any demand, at the Payment Office, whether or not a Default or Event of Default has occurred.
Appears in 1 contract
Repayment of Excess Revolving Advances. The aggregate balance of Revolving Advances outstanding at any time in excess of the maximum amount of Revolving Advances permitted hereunder shall be immediately due and payable without the necessity of any demand, at the Payment Office, whether or not a Default or Event of Default has occurred, together with any amounts which may be due under Section 15.5(b) if a SOFR Loan is required to be prepaid as a consequence of this section.
Appears in 1 contract
Samples: Loan and Security Agreement (Veeco Instruments Inc)
Repayment of Excess Revolving Advances. The aggregate balance of Revolving Advances outstanding at any time in excess of the maximum amount of Revolving Advances permitted hereunder shall be immediately due and payable without the necessity of any demand, at the Payment Office, whether or not a Default or Event of Default has occurred, together with any amounts which may be due under Section 15.5(b) if a SOFR Loan is required to be prepaid as a consequence of this section. 2.
Appears in 1 contract
Samples: Loan and Security Agreement (Veeco Instruments Inc)
