Maximum Borrowings. Borrower agrees not to permit the principal balance outstanding to exceed the Revolving Commitment. If Borrower exceeds the Revolving Commitment, Borrower will immediately pay the excess to the Lenders with interest to accrue at the Default Rate.
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Sources: Credit Agreement (Goldleaf Financial Solutions Inc.)
Maximum Borrowings. Borrower agrees not to permit the principal balance outstanding to exceed the Revolving Commitment, reduced annually as set forth above. If Borrower exceeds the Revolving Commitment, Borrower will immediately pay the excess to the Lenders Lender with interest to accrue at the Default Rate.
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