Insufficient Collateral. The Borrowers shall, immediately and without notice or demand of any kind, make repayments of the Loans to the extent necessary to reduce the outstanding principal amount of the Revolving Credit Obligations to an amount not to exceed the Borrowing Base.
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Sources: Credit Agreement (Aviation Sales Co), Fourth Amended and Restated Credit Agreement (Aviation Sales Co)
Insufficient Collateral. The Borrowers shall, immediately and without notice or demand of any kind, make repayments of the Revolving Loans to the extent necessary to reduce the outstanding principal amount of the Revolving Credit Obligations to an amount not to exceed the Borrowing Base.
Appears in 1 contract