Revolving Commitment Overadvance. If at any time the aggregate principal amount of all outstanding Revolving Loans, together with the aggregate amount of all L/C Obligations, exceeds the aggregate amount of the Revolving Commitments, the Borrower shall within one (1) Business Day after demand pay to the Administrative Agent for the account of the Revolving Lenders the amount of such excess.
Appears in 4 contracts
Samples: Modification Agreement (Cim Real Estate Finance Trust, Inc.), Credit Agreement (Cim Real Estate Finance Trust, Inc.), Credit Agreement (Cole Office & Industrial REIT (CCIT II), Inc.)
Revolving Commitment Overadvance. If at any time the aggregate principal amount of all outstanding Revolving Loans and Bid Rate Loans, together with the aggregate amount of all L/C ObligationsLetter of Credit Liabilities, exceeds the aggregate amount of the Revolving Commitments, the Borrower Borrowers shall within one (1) Business Day after of demand pay to the Administrative Agent for the account of the Revolving Lenders Lenders, the amount of such excess.
Appears in 2 contracts
Samples: Credit Agreement (Park Hotels & Resorts Inc.), Credit Agreement (Park Hotels & Resorts Inc.)
Revolving Commitment Overadvance. If at any time the aggregate principal amount of all outstanding Revolving Loans, Swingline Loans and Bid Rate Loans, together with the aggregate amount of all L/C ObligationsLetter of Credit Liabilities, exceeds the aggregate amount of the Revolving Commitments, the Borrower shall promptly, and in any event within one (1) 1 Business Day after demand following demand, pay to the Administrative Agent for the account of the Revolving Lenders Lenders, the amount of such excess.
Appears in 2 contracts
Samples: Credit Agreement (Equity Commonwealth), Credit Agreement (Equity Commonwealth)
Revolving Commitment Overadvance. If at any time the aggregate principal amount of all outstanding Revolving Loans and Bid Rate Loans, together with the aggregate amount of all L/C ObligationsLetter of Credit Liabilities, exceeds the aggregate amount of the Revolving Commitments, the Borrower shall within one (1) Business Day after of demand pay to the Administrative Agent for the account of the Revolving Lenders Lenders, the amount of such excess.
Appears in 2 contracts
Samples: Credit Agreement (UDR, Inc.), Credit Agreement (UDR, Inc.)
Revolving Commitment Overadvance. If at any time the aggregate principal amount of all outstanding Revolving Loans, Swingline Loans and Bid Rate Loans, together with the aggregate amount of all L/C ObligationsLetter of Credit Liabilities, exceeds the aggregate amount of the Revolving Commitments, the Borrower shall within one (1) Business Day after of demand pay to the Administrative Agent for the account of the Revolving Lenders Lenders, the amount of such excess.
Appears in 2 contracts
Samples: Credit Agreement (United Dominion Realty L P), Credit Agreement (United Dominion Realty L P)
