Common use of Revolving Committed Amount Clause in Contracts

Revolving Committed Amount. If at any time after the Closing Date, the aggregate principal amount of (x) the outstanding Loans shall exceed the Revolving Committed Amount, then the Parent Borrower immediately shall prepay the applicable Loans in an amount sufficient to eliminate such excess over the Revolving Committed Amount.

Appears in 2 contracts

Samples: Credit Agreement (WestRock Co), Credit Agreement (WestRock Co)

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Revolving Committed Amount. If at any time after the Closing Date, the aggregate principal amount of (x) the outstanding Loans shall exceed the aggregate Revolving Committed AmountAmount then in effect, then the Parent Borrower immediately shall prepay the applicable Loans in an amount sufficient to eliminate such excess over the Revolving Committed Amountexcess.

Appears in 1 contract

Samples: Credit Agreement (Stec, Inc.)

Revolving Committed Amount. If at any time after the Closing Date, the sum of the aggregate principal amount of (x) the outstanding Loans shall exceed the lesser of (A) the Revolving Committed AmountAmount or (B) the Borrowing Base, then the Parent Borrower immediately shall prepay the applicable Loans in an amount sufficient to eliminate such excess over the Revolving Committed Amountexcess.

Appears in 1 contract

Samples: Credit Agreement (Dimon Inc)

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Revolving Committed Amount. If at any time after the Closing Date, the sum of the aggregate principal amount of (x) the outstanding Revolving Loans plus Swingline Loans shall exceed the lesser of (A) the Revolving Committed AmountAmount or (B) the Borrowing Base, then the Parent Borrower immediately shall prepay the applicable Loans in an amount sufficient to eliminate such excess over the Revolving Committed Amountexcess.

Appears in 1 contract

Samples: Credit Agreement (Dimon Inc)

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