Shortfall. If, on any date, the Outstanding Advances shall exceed the Maximum Advance Amount (such excess, the "Shortfall Amount"), then the Customer shall on such date prepay the Outstanding Advances in an amount equal to such Shortfall Amount.
Appears in 12 contracts
Samples: Financing Agreement (Western Micro Technology Inc), Inventory and Working Capital Financing Agreement (Ameriquest Technologies Inc), Working Capital Financing Agreement (Ameriquest Technologies Inc)
Shortfall. If, on any date, the Outstanding Advances shall exceed the Maximum Advance Amount (such excess, the "Shortfall Amount"), then the Customer shall on such date prepay the Outstanding Advances in an amount equal to such Shortfall Amountamount.
Appears in 4 contracts
Samples: Inventory and Working Capital Financing Agreement (Multiple Zones Inc), Inventory and Working Capital Financing Agreement (Litronic Inc), Inventory and Working Capital Financing Agreement (Litronic Inc)
Shortfall. If, on any date, the Outstanding Advances shall exceed the Maximum Advance Amount (such excess, the "Shortfall Amount"), then the Customer shall on such date prepay prepay, within twenty-four hours, the Outstanding Advances in an amount equal to such Shortfall Amount.
Appears in 1 contract
Samples: Inventory and Working Capital Financing Agreement (Xlconnect Solutions Inc)
Shortfall. If, on any datedate other than during the Overadvance Period, the Outstanding Advances shall exceed the Maximum Advance Amount (such excess, the "Shortfall Amount"), then the Customer shall on such date prepay the Outstanding Advances in an amount equal to such Shortfall Amount.
Appears in 1 contract
Samples: Inventory and Working Capital Financing Agreement (Radius Inc)
