Common use of Mandatory Payment Clause in Contracts

Mandatory Payment. If the Revolving Credit Exposure at any time exceeds the Total Availability Amount, Borrower shall, as promptly as practicable, but in no event later than the next Business Day, prepay an aggregate principal amount of the Revolving Loans sufficient to bring the aggregate outstanding principal amount of all such Loans and the aggregate undrawn face amount of all issued and outstanding Letters of Credit within the Total Availability Amount. Any prepayment of a LIBOR Loan pursuant to this Section 2.7(a) shall be subject to the prepayment breakage fees set forth in Section 2.4 hereof.

Mandatory Payment. If the Revolving Credit Exposure at any time exceeds the Total Availability Commitment Amount, Borrower shall, as promptly as practicable, but in no event later than the next Business Day, prepay an aggregate principal amount of the Revolving Loans sufficient to bring the aggregate outstanding principal amount of all such Loans and the aggregate undrawn face amount of all issued and outstanding Letters of Credit within the Total Availability AmountCommitment of the Banks. Any prepayment of a LIBOR Loan pursuant to this Section 2.7(a) 2.8 shall be subject to the prepayment breakage fees set forth in Section 2.4 hereof.

Mandatory Payment. If the Revolving Credit Exposure at any time exceeds the Total Availability Commitment Amount, Borrower shall, as promptly as practicable, but in no event later than the next Business Day, prepay an aggregate principal amount of the Revolving Loans sufficient to bring the aggregate outstanding principal amount of all such Loans and the aggregate undrawn face amount of all issued and outstanding Letters of Credit within the Total Availability AmountCommitment. Any prepayment of a LIBOR Loan pursuant to this Section 2.7(a) shall be subject to the prepayment breakage fees set forth in Section 2.4 hereof.

Mandatory Payment. If the Revolving Credit Exposure at any time exceeds the Total Availability Commitment Amount, Borrower shall, as promptly as practicable, but in no event later than the next Business Day, prepay an aggregate principal amount of the Revolving Loans sufficient to bring the aggregate outstanding principal amount of all such Revolving Loans and the aggregate undrawn face amount of all issued and outstanding Letters of Credit within the Total Availability AmountCommitment of the Banks. Any prepayment of a LIBOR Loan pursuant to this Section 2.7(a) 2.7 shall be subject to the prepayment breakage fees set forth in Section 2.4 hereof.

Mandatory Payment. If the Revolving Credit Exposure at any time exceeds the Total Availability Commitment Amount, Borrower shall, as promptly as practicable, but in no event later than the next Business Day, prepay an aggregate principal amount of the Revolving Loans sufficient to bring the aggregate outstanding principal amount of all such Loans and the aggregate undrawn face amount of all issued and outstanding Letters of Credit within the Total Availability AmountCommitment. Any prepayment of a LIBOR Loan pursuant to this Section 2.7(a) 2.7 shall be subject to the prepayment breakage fees set forth in Section 2.4 hereof.