Required Prepayment Amount Sample Clauses

Required Prepayment Amount. If at the time Borrower is required to pay a Required Prepayment Amount pursuant to Section 2.8, the Obligations which are not LC Obligations (in this Section called the "NON- LC OBLIGATIONS") then outstanding are less than the Required Prepayment Amount then due, Borrower shall pay to Agent for the account of Issuing Bank the amount by which (1) the Required Prepayment Amount then due exceeds (2) the Non-LC Obligations then outstanding, (in each case the "EXCESS AMOUNT") to be held pursuant to Section 2A.8.

Required Prepayment Amount. If at the time Borrower is required to pay all or part of a Required Prepayment Amount pursuant to Section 2.8, the amount of Obligations, other than LC Obligations, then outstanding is less than the amount of the Required Prepayment Amount then due, Borrower shall pay to Agent for the account of Issuing Bank the amount by which (A) the amount of the Required Prepayment Amount then due exceeds (B) the amount of Obligations, other than LC Obligations, then outstanding, (in each case the "Excess Amount") to be held pursuant to Section 2.A8. So long as no Default or Event of Default has occurred and is continuing, upon written request of Borrower to Agent within thirty (30) days after the end of any Fiscal Quarter for which the Total Debt to Cash Earnings Ratio exceeds 4.0 to 1.0 without any additional Required Prepayment Amount, Agent shall remit to Borrower the Cash Collateral deposited pursuant to this subsection in the amount so requested."

Required Prepayment Amount. If at the time Borrower is required to make a mandatory prepayment pursuant to Section 2.7, the Obligations which are not LC Obligations (in this Section called the "NON- LC OBLIGATIONS") then outstanding are less than the Borrowing Base Deficiency, Borrower shall pay to Agent for the account of LC Issuer the amount by which (1) the Borrowing Base Deficiency exceeds (2) the Non-LC Obligations then outstanding, (in each case the "EXCESS AMOUNT") to be held pursuant to this Section 2.18.

Required Prepayment Amount. For any Principal Payment Date, the amount (if any), set forth in the Borrowing Base Report, by which the then Aggregate Loan Principal Balance exceeds the Borrowing Base, as such Borrowing Base is measured as of the last day of the immediately preceding month. Responsible Officer. The chief executive officer, president, chief operating officer, chief financial officer or interim chief financial officer of the Borrower. Any document delivered hereunder that is signed by a Responsible Officer of the Borrower shall be conclusively presumed to have been authorized by all necessary corporate, partnership and/or other action on the part of the Borrower and such Responsible Officer shall be conclusively presumed to have acted on behalf of the Borrower.