Revolving Commitment Amount. If at any time after the Closing Date, the sum of the aggregate principal amount of outstanding Loans shall exceed the aggregate Revolving Commitment Amount then in effect, the Borrowers immediately shall prepay the Loans in an amount sufficient to eliminate such excess (such prepayment to be applied as set forth in clause (vii) below).
Appears in 2 contracts
Sources: Revolving Loan Agreement (Capital Lease Funding Inc), Revolving Loan Agreement (Capital Lease Funding Inc)
Revolving Commitment Amount. If at any time after the Closing Date, the sum of the aggregate principal amount of outstanding Loans shall exceed the aggregate Revolving Commitment Amount then in effect, the Borrowers Borrower immediately shall prepay the Loans in an amount sufficient to eliminate such excess (such prepayment to be applied as set forth in clause (vii) below)excess.
Appears in 1 contract
Sources: Revolving Loan Agreement (Capital Lease Funding Inc)