Common use of Repayment of the Revolving Credit Advances Clause in Contracts

Repayment of the Revolving Credit Advances. Borrowers shall be required to (a) make a mandatory repayment hereunder at any time that the aggregate outstanding principal balance of the Revolving Credit Advances made by Lender to Borrowers hereunder is in excess of the Borrowing Base and/or Maximum Revolving Amount, in an amount equal to such excess, and (b) repay on the expiration of the Term (i) the then aggregate outstanding principal balance of Revolving Credit Advances made by Lender to Borrowers hereunder together with accrued and unpaid interest, fees and charges and (ii) all other amounts owed Lender under this Agreement and the Credit Documents. Any payments of principal, interest, fees or any other amounts payable hereunder or under any Credit Document shall be made prior to 12:00 noon (New York time) on the due date thereof in immediately available funds.

Repayment of the Revolving Credit Advances. Borrowers shall be required to (a) make a mandatory repayment prepayment hereunder at any time that the aggregate outstanding principal balance of the Revolving Credit Advances made by Lender to Borrowers hereunder is in excess of the Borrowing Base and/or Maximum Revolving Formula Amount, in an amount equal to such excess, and (b) repay on the expiration of the Term (i) the then aggregate outstanding principal balance of Revolving Credit Advances made by Lender to Borrowers hereunder together with accrued and unpaid interest, fees and charges and (ii) all other amounts owed Lender under this Agreement and the Credit DocumentsAncillary Agreements. Any payments of principal, interest, fees or any other amounts payable hereunder or under any Credit Document Ancillary Agreement shall be made prior to 12:00 noon 11:00 a.m. (New York time) on the due date thereof in immediately available funds.

Repayment of the Revolving Credit Advances. Borrowers Borrower shall be required to (a) make a mandatory repayment prepayment hereunder at any time that the aggregate outstanding principal balance of the Revolving Credit Advances made by Lender to Borrowers Borrower hereunder is in excess of the Borrowing Base and/or Maximum Revolving Formula Amount, in an amount equal to such excess, and (b) repay on the expiration of the Term (i) the then aggregate outstanding principal balance of Revolving Credit Advances made by Lender to Borrowers Borrower hereunder together with accrued and unpaid interest, fees and charges and (ii) all other amounts owed Lender under this Agreement and the Credit DocumentsAncillary Agreements. Any payments of principal, interest, fees or any other amounts payable hereunder or under any Credit Document Ancillary Agreement shall be made prior to 12:00 noon 11:00 a.m. (New York time) on the due date thereof in immediately available funds.

Repayment of the Revolving Credit Advances. Borrowers Borrower shall be required to (a) make a mandatory repayment hereunder at any time that the aggregate outstanding principal balance of the Revolving Credit Advances made by Lender to Borrowers Borrower hereunder is in excess of the Borrowing Base and/or Maximum Revolving Formula Amount, in an amount equal to such excess, and (b) repay on the expiration of the Term (i) the then aggregate outstanding principal balance of Revolving Credit Advances made by Lender to Borrowers Borrower hereunder together with accrued and unpaid interest, fees and charges and (ii) all other amounts owed Lender under this Agreement and the Credit DocumentsAncillary Agreements. Any payments of principal, interest, fees or any other amounts payable hereunder or under any Credit Document Ancillary Agreement shall be made prior to 12:00 noon (New York time) on the due date thereof in immediately available funds.

Repayment of the Revolving Credit Advances. Borrowers shall be required to (a) make a mandatory repayment hereunder at any time that the aggregate outstanding principal balance of the Revolving Credit Advances made by Lender Lxxxxx to Borrowers hereunder is in excess of the Borrowing Base and/or Maximum Revolving Amount, in an amount equal to such excess, and (b) repay on the expiration of the Term (i) the then aggregate outstanding principal balance of Revolving Credit Advances made by Lender Lxxxxx to Borrowers hereunder together with accrued and unpaid interest, fees and charges and (ii) all other amounts owed Lender under this Agreement and the Credit Documents. Any payments of principal, interest, fees or any other amounts payable hereunder or under any Credit Document shall be made prior to 12:00 noon (New York time) on the due date thereof in immediately available funds.

Repayment of the Revolving Credit Advances. Borrowers Borrower shall be required to (a) make a mandatory repayment prepayment hereunder at any time that the aggregate outstanding principal balance of the Revolving Credit Advances made by Lender to Borrowers Borrower hereunder is in excess of the Borrowing Base and/or Maximum Revolving Amount, Formula Amount in an amount equal to such excess, and (b) repay on the expiration of the Term (i) the then aggregate outstanding principal balance of Revolving Credit Advances made by Lender to Borrowers Borrower hereunder together with accrued and unpaid interest, fees and charges and (ii) all other amounts owed Lender under this Agreement and the Credit DocumentsAncillary Agreements. Any payments of principal, interest, fees or any other amounts payable hereunder or under any Credit Document Ancillary Agreement shall be made prior to 12:00 noon (New York time) time on the due date thereof in immediately available funds.