Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower to the Lender Group pursuant to Section 2.1 or Section 2.11 is greater than any of the limitations set forth in Section 2.1 or Section 2.11, as applicable (an “Overadvance”), Borrower shall immediately pay to Agent, in cash, the amount of such excess, which amount shall be used by Agent to reduce the Obligations in accordance with the priorities set forth in Section 2.4(b). Borrower promises to pay the Obligations (including principal, interest, fees, costs, and expenses) in Dollars in full on the Maturity Date or, if earlier, on the date on which the Obligations are declared due and payable pursuant to the terms of this Agreement.
Appears in 12 contracts
Sources: Credit Agreement (Realpage Inc), Credit Agreement (Powerwave Technologies Inc), Credit Agreement (Jamba, Inc.)
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower Borrowers to the Lender Group pursuant to Section 2.1 or Section 2.11 is greater than any of the limitations set forth in Section 2.1 or Section 2.11, as applicable (an “Overadvance”), Borrower Borrowers shall immediately pay to Agent, in cash, the amount of such excess, which amount shall be used by Agent to reduce the Obligations in accordance with the priorities set forth in Section 2.4(b). Borrower promises Borrowers promise to pay the Obligations (including principal, interest, fees, costs, and expenses) in Dollars in full on the Maturity Date or, if earlier, on the date on which the Obligations are declared (other than the Bank Product Obligations) become due and payable pursuant to the terms of this Agreement.
Appears in 10 contracts
Sources: Credit Agreement (Renewable Energy Group, Inc.), Credit Agreement (Sirva Inc), Credit Agreement (Renewable Energy Group, Inc.)
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower to the Lender Group pursuant to Section 2.1 or Section 2.11 is greater than any of the limitations set forth in Section 2.1 or Section 2.11, as applicable (an “Overadvance”), Borrower shall immediately pay to Agent, in cash, the amount of such excess, which amount shall be used by Agent to reduce the Obligations in accordance with the priorities set forth in Section 2.4(b). Borrower promises to pay the Obligations (including principal, interest, fees, costs, and expenses) in Dollars in full on the Maturity Date or, if earlier, on the date on which the Obligations are declared (other than the Bank Product Obligations) become due and payable pursuant to the terms of this Agreement.
Appears in 7 contracts
Sources: Credit Agreement (Jda Software Group Inc), Credit Agreement (Daegis Inc.), Credit Agreement (Daegis Inc.)
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower to the Lender Group pursuant to Section 2.1 or Section 2.11 2.12 is greater than any of the limitations set forth in Section 2.1 or Section 2.112.12, as applicable (an “Overadvance”), Borrower immediately shall immediately pay to Agent, in cash, the amount of such excess, which amount shall be used by Agent to reduce the Obligations in accordance with the priorities set forth in Section 2.4(b). Borrower promises to pay the Obligations (including principal, interest, fees, costs, and expenses) in Dollars in full on the Maturity Date or, if earlier, on the date on which the Obligations are declared due and payable pursuant to the terms of this Agreement.
Appears in 5 contracts
Sources: Credit Agreement (Servicesource International LLC), Credit Agreement (Servicesource International LLC), Credit Agreement (Baseline Oil & Gas Corp.)
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower Borrowers to the Lender Group pursuant to Section 2.1 or Section 2.11 2.12 is greater than any of the limitations set forth in Section 2.1 or Section 2.112.12, as applicable (an “"Overadvance”"), Borrower Borrowers immediately shall immediately pay to Agent, in cash, the amount of such excess, which amount shall be used by Agent to reduce the Obligations in accordance with the priorities set forth in Section 2.4(b). Borrower promises Borrowers promise to pay the Obligations (including principal, interest, fees, costs, and expenses) in Dollars in full on the Maturity Date or, if earlier, on the date on which the Obligations are declared due and payable pursuant to the terms of this Agreement.
Appears in 3 contracts
Sources: Credit Agreement (Take Two Interactive Software Inc), Credit Agreement (Dune Energy Inc), Credit Agreement (Orion Healthcorp Inc)
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower Borrowers to the Lender Group pursuant to Section 2.1 or Section 2.11 2.12 is greater than any of the limitations set forth in Section 2.1 or Section 2.112.12, as applicable (an “Overadvance”), Borrower Borrowers immediately shall immediately pay to Agent, in cash, the amount of such excess, which amount shall be used by Agent to reduce the Obligations in accordance with the priorities set forth in Section 2.4(b). Borrower promises Borrowers promise to pay the Obligations (including principal, interest, fees, costs, and expenses) in Dollars in full on the Maturity Date or, if earlier, on the date on which the Obligations are declared due and payable pursuant to the terms of this Agreement.
Appears in 3 contracts
Sources: Credit Agreement (Bell Industries Inc /New/), Credit Agreement (Youbet Com Inc), Credit Agreement (SoftBrands, Inc.)
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower Borrowers to the Lender Group pursuant to Section 2.1 or Section 2.11 is greater than any of the limitations set forth in Section 2.1 or Section 2.11, as applicable (an “Overadvance”), Borrower Borrowers shall immediately pay to Agent, in cash, the amount of such excess, which amount shall be used by Agent to reduce the Obligations in accordance with the priorities set forth in Section 2.4(b). Borrower promises Borrowers promise to pay the Obligations (including principal, interest, fees, costs, and expenses) in Dollars in full on the Maturity Date or, if earlier, on the date on which the Obligations are declared due and payable pursuant to the terms of this Agreement.
Appears in 2 contracts
Sources: Credit Agreement (Angiotech Pharmaceuticals Inc), Credit Agreement (Medquist Inc)
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower Borrowers to the Lender Group pursuant to Section 2.1 or Section 2.11 is greater than any of the limitations set forth in Section 2.1 or Section 2.11, as applicable (an “"Overadvance”"), Borrower Borrowers shall immediately pay to Agent, in cash, the amount of such excess, which amount shall be used by Agent to reduce the Obligations in accordance with the priorities set forth in Section 2.4(b). Borrower promises Borrowers promise to pay the Obligations (including principal, interest, fees, costs, and expenses) in Dollars in full on the Maturity Date or, if earlier, on the date on which the Obligations are declared (other than the Bank Product Obligations) become due and payable pursuant to the terms of this Agreement.
Appears in 2 contracts
Sources: Credit Agreement (Wabash National Corp /De), Credit Agreement (Wabash National Corp /De)
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower Borrowers to the Lender Group pursuant to Section 2.1 or Section 2.11 is greater than any of the limitations set forth in Section 2.1 or Section 2.11, as applicable (an “Overadvance”), Borrower Borrowers, as soon as practicable, but in any event within one (1) Business Day shall immediately pay to Agent, in cash, the amount of such excess, which amount shall be used by Agent to reduce the Obligations in accordance with the priorities set forth in Section 2.4(b). Borrower promises Borrowers promise to pay the Obligations (including principal, interest, fees, costs, and expenses) in Dollars in full on the Maturity Date or, if earlier, on the date on which the Obligations are declared due and payable pursuant to the terms of this Agreement.
Appears in 1 contract
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower to the Lender Group pursuant to Section 2.1 2.2, Section 2.3 or Section 2.11 2.12 is greater than any of the limitations set forth in Section 2.1 2.2, Section 2.3 or Section 2.112.12, as applicable (an “Overadvance”), Borrower shall immediately pay to Agent, in cash, the amount of such excess, which amount shall be used by Agent to reduce the Obligations in accordance with the priorities set forth in Section 2.4(b2.5(b). Borrower promises to pay the Obligations (including principal, interest, fees, costs, and expenses) in Dollars in full on the Maturity Termination Date or, if earlier, on the date on which the Obligations are declared (other than the Bank Product Obligations) become due and payable pursuant to the terms of this Agreement.
Appears in 1 contract
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower Borrowers to the Lender Group pursuant to Section 2.1 or Section 2.11 2.10 is greater than any of the limitations set forth in Section 2.1 or Section 2.112.10, as applicable (an “Overadvance”), Borrower Borrowers shall immediately pay to Agent, in cash, the amount of such excess, which amount shall be used by Agent to reduce the Obligations in accordance with the priorities set forth in Section 2.4(b2.3(b). Borrower promises Borrowers promise to pay the Obligations (including principal, interest, fees, costs, and expenses) in Dollars in full on the Maturity Date or, if earlier, on the date on which the Obligations are declared due and payable pursuant to the terms of this Agreement.
Appears in 1 contract
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower to the Lender Group pursuant to Section 2.1 or Section 2.11 2.12 is greater than any of the limitations set forth in Section 2.1 or Section 2.112.12, as applicable (an “Overadvance”), Borrower immediately shall immediately pay to Agent, in cash, the amount of such excess, which amount shall be used by Agent to reduce the Obligations in accordance with the priorities set forth in Section 2.4(b). Borrower promises to pay the Obligations (including principal, interest, fees, costs, and expenses) in Dollars in full on the Maturity Date or, if earlier, on the date on which the Obligations are declared due and payable pursuant to the terms of this Agreement.. BN ▇▇▇▇▇▇▇▇▇
Appears in 1 contract
Sources: Credit Agreement (Teltronics Inc)
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower Borrowers to the Lender Group pursuant to Section 2.1 or Section 2.11 2.12 is greater than any of the limitations set forth in Section 2.1 or Section 2.112.12, as applicable (an “Overadvance”), Borrower Borrowers immediately upon demand shall immediately pay to Agent, in cash, the amount of such excess, which amount shall be used by Agent to reduce the Obligations in accordance with the priorities set forth in Section 2.4(b). Borrower promises Borrowers promise to pay the Obligations (including principal, interest, fees, costs, and expenses) in Dollars in full on the Maturity Date or, if earlier, on the date on which the Obligations are declared due and payable pursuant to the terms of this Agreement.
Appears in 1 contract
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower to the Lender Group pursuant to Section 2.1 or Section 2.11 is greater than any of the limitations set forth in Section 2.1 or Section 2.11, as applicable (an “Overadvance”), Borrower shall immediately shall, within 1 Business Day of the date of occurrence of such Overadvance, pay to Agent, in cash, the amount of such excess, which amount shall be used by Agent to reduce the Obligations in accordance with the priorities set forth in Section 2.4(b). Borrower promises to pay the Obligations (including principal, interest, fees, costs, and expenses) in Dollars in full on the Maturity Date or, if earlier, on the date on which the Obligations are declared due and payable pursuant to the terms of this Agreement.
Appears in 1 contract
Sources: Credit Agreement (Actuate Corp)
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower to the Lender Group pursuant to Section 2.1 or Section 2.11 is greater than any of the limitations set forth in Section 2.1 or Section 2.11, as applicable (an “"Overadvance”"), Borrower shall immediately pay to Agent, in cash, the amount of such excess, which amount shall be used by Agent to reduce the Obligations in accordance with the priorities set forth in Section 2.4(b). Borrower promises to pay the Obligations (including principal, interest, fees, costs, and expenses) in Dollars in full on the Maturity Date or, if earlier, on the date on which the Obligations are declared (other than the Bank Product Obligations) become due and payable pursuant to the terms of this Agreement.
Appears in 1 contract
Sources: Credit Agreement (Realpage Inc)
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower Borrowers to the Lender Group pursuant to Section 2.1 or Section 2.11 is greater than any of the limitations set forth in Section 2.1 or Section 2.11, as applicable (an “Overadvance”), Borrower Borrowers immediately shall immediately pay to Agent, in cash, the amount of such excess, which amount shall be used by Agent to reduce the Obligations in accordance with the priorities set forth in Section 2.4(b). Borrower promises Borrowers promise to pay the Obligations (including principal, interest, fees, costs, and expenses) in Dollars in full on the Maturity Date or, if earlier, on the date on which the Obligations are declared due and payable pursuant to the terms of this Agreement.
Appears in 1 contract
Sources: Credit Agreement (USA Mobility, Inc)
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower Borrowers to the Lender Group pursuant to Section 2.1 or Section 2.11 2.12 is greater than any of the limitations set forth in Section 2.1 or Section 2.112.12, as applicable (an “Overadvance”), Borrower Borrowers immediately upon demand shall immediately pay to Agent, in cash, the amount of such excess, which amount shall be used by Agent to reduce the Obligations in accordance with the priorities set forth in Section 2.4(b). Borrower promises Borrowers promise to pay the Obligations (including principal, interest, fees, costs, and expenses) in Dollars in full on the Final Maturity Date or, if earlier, on the date on which the Obligations are declared due and payable pursuant to the terms of this Agreement.
Appears in 1 contract
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower to the Lender Group pursuant to Section 2.1 or Section 2.11 2.12 is greater than any of the limitations set forth in Section 2.1 or Section 2.112.12, as applicable (an “Overadvance”), Borrower immediately shall immediately pay to Agent, in cash, the amount of such excess, which amount shall be used by Agent to reduce the Obligations in accordance with the priorities set forth in Section 2.4(b). Borrower promises to pay the Obligations (including principal, interest, fees, costs, and expenses) in Dollars in full on the Final Maturity Date or, if earlier, on the date on which the Obligations are declared due and payable pursuant to the terms of this Agreement.
Appears in 1 contract
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower Borrowers to the Lender Group pursuant to Section 2.1 or Section 2.11 is greater than any of the limitations set forth in Section 2.1 or Section 2.11, as applicable (an “"Overadvance”"), Borrower Borrowers shall immediately pay to Agent, in cash, the amount of such excess, which amount shall be used by Agent to reduce the Obligations in accordance with the priorities set forth in Section 2.4(b). Borrower promises Borrowers promise to pay the Obligations (including principal, interest, fees, costs, and expenses) in Dollars in full on the Maturity Date or, if earlier, on the date on which the Obligations are declared due and payable pursuant to the terms of this Agreement.
Appears in 1 contract
Overadvances. If, at any time or for any reason, the amount of Obligations owed by Borrower Borrowers to the Lender Group pursuant to Section 2.1 or Section 2.11 is greater than any of the limitations set forth in Section 2.1 or Section 2.11, as applicable (an “Overadvance”), Borrower Borrowers shall immediately pay to Agent, in cash, the amount of such excess, which amount shall be used by Agent to reduce the Obligations in accordance with the priorities set forth in Section 2.4(b). Borrower promises Borrowers promise to pay the Obligations (including principal, interest, fees, costs, and expenses) in Dollars in full on the Maturity Date or, if earlier, on the date on which the Obligations are declared become due and payable pursuant to the terms of this Agreement.
Appears in 1 contract