Common use of Revolving Committed Amount Clause in Contracts

Revolving Committed Amount. If at any time after the Closing Date, the sum of the outstanding Revolving Loans plus outstanding Swingline Loans plus outstanding LOC Obligations shall exceed the Revolving Committed Amount, the Borrower immediately shall prepay the Loans and cash collateralize the outstanding LOC Obligations in an amount sufficient to eliminate such excess (such prepayment to be applied as set forth in clause (vi) below).

Appears in 2 contracts

Sources: Credit Agreement (Orthofix International N V), Credit Agreement (Orthofix International N V)

Revolving Committed Amount. If at any time after the Closing Effective Date, the sum of the aggregate principal amount of outstanding Revolving Loans plus outstanding Swingline Loans plus outstanding LOC Obligations shall exceed the Revolving Committed Amount, the Borrower Borrowers shall immediately shall prepay the Loans and cash collateralize the outstanding LOC Obligations in an amount sufficient to eliminate such excess (such prepayment to be applied as set forth in clause (vivii) below).

Appears in 2 contracts

Sources: Agency Succession and Amendment Agreement (GateHouse Media, Inc.), Credit Agreement (GateHouse Media, Inc.)

Revolving Committed Amount. If at any time after the Closing Date, the sum of the outstanding Revolving Loans plus outstanding Swingline Loans plus outstanding LOC Obligations shall exceed the Revolving Committed Amount, the Borrower immediately shall prepay the Loans and cash collateralize the outstanding LOC Obligations in an amount sufficient to eliminate such excess (such prepayment to be applied as set forth in clause (vi) below).

Appears in 2 contracts

Sources: Credit Agreement (Pantry Inc), Credit Agreement (Pantry Inc)

Revolving Committed Amount. If at any time after the Closing Date, the sum of the outstanding Revolving Loans plus outstanding Swingline Loans plus outstanding LOC Obligations shall exceed the Revolving Committed Amount, the Borrower Borrowers immediately shall prepay the Swingline Loans and cash collateralize the outstanding LOC Obligations Revolving Loans in an amount sufficient to eliminate such excess (such prepayment to be applied as set forth in clause (vi) below).

Appears in 2 contracts

Sources: Credit Agreement (Si International Inc), Credit Agreement (Si International Inc)

Revolving Committed Amount. If at any time after the Closing Date, the sum of the outstanding Revolving Loans plus outstanding Swingline Loans plus outstanding LOC Obligations shall exceed the Revolving Committed Amount, the Borrower immediately shall prepay the Revolving Loans and cash collateralize the outstanding LOC Obligations in an amount sufficient to eliminate such excess (such prepayment to be applied as set forth in clause (viii) below).

Appears in 2 contracts

Sources: Credit Agreement (Red Robin Gourmet Burgers Inc), Credit Agreement (Red Robin Gourmet Burgers Inc)

Revolving Committed Amount. If at any time after the Closing Date, the sum of the outstanding Revolving Loans plus outstanding Swingline Loans plus outstanding LOC Obligations shall exceed the lesser of (A) the Revolving Committed AmountAmount and (B) the Borrowing Base, the Borrower Borrowers immediately shall prepay the Revolving Loans and cash collateralize the outstanding LOC Obligations in an amount sufficient to eliminate such excess (such prepayment to be applied as set forth in clause (viv) below).

Appears in 2 contracts

Sources: Credit Agreement (Si International Inc), Credit Agreement (Si International Inc)

Revolving Committed Amount. If at any time after the Closing Date, the sum of the aggregate principal amount of outstanding Revolving Loans plus outstanding Swingline Loans plus outstanding LOC Obligations shall exceed the Revolving Committed Amount, the Borrower immediately shall prepay the Loans and (after all Loans have been repaid) cash collateralize the outstanding LOC Obligations Obligations, in an amount sufficient to eliminate such excess (such prepayment to be applied as set forth in clause (vi) below)excess.

Appears in 1 contract

Sources: Credit Agreement (Lower Road Associates LLC)

Revolving Committed Amount. If at any time after the Closing Date, the sum of the aggregate principal amount of outstanding Revolving Loans plus outstanding Swingline Loans plus outstanding LOC Obligations shall exceed the Revolving Committed Amount, the Borrower shall immediately shall prepay repay the Loans and cash collateralize the outstanding LOC Obligations in an amount sufficient to eliminate such excess (such prepayment repayment to be applied as set forth in clause (viii) below).

Appears in 1 contract

Sources: Credit Agreement (American Pacific Corp)

Revolving Committed Amount. If at any time after the Closing Date, the sum of the aggregate principal amount of outstanding Revolving Loans plus outstanding Swingline Loans plus outstanding LOC Obligations shall exceed the lesser of (A) the Revolving Committed AmountAmount or (B) the Borrowing Base, the 27 -154- Borrower immediately shall prepay the Loans and cash collateralize the outstanding LOC Obligations in an amount sufficient to eliminate such excess (such prepayment to be applied as set forth in clause (vi) below)excess.

Appears in 1 contract

Sources: Credit Agreement (Dimon Inc)

Revolving Committed Amount. If at any time after the Closing Date, the sum of the aggregate principal amount of outstanding Revolving Loans plus outstanding Swingline Loans plus outstanding LOC Obligations shall exceed the Revolving Committed Amount, the Borrower immediately shall prepay the Loans and cash collateralize the outstanding LOC Obligations in an amount sufficient to eliminate such excess (such prepayment to be applied as set forth in clause (vi) below).

Appears in 1 contract

Sources: Credit Agreement (Amedisys Inc)

Revolving Committed Amount. If at any time after the Closing Date, the sum of the aggregate principal amount of outstanding Revolving Loans plus outstanding Swingline Loans plus outstanding LOC Obligations shall exceed the Revolving Committed Amount, the Borrower Borrowers shall immediately shall prepay the Loans and cash collateralize the outstanding LOC Obligations in an amount sufficient to eliminate such excess (such prepayment to be applied as set forth in clause (vivii) below).

Appears in 1 contract

Sources: First Lien Credit Agreement (GateHouse Media, Inc.)

Revolving Committed Amount. If at any time after the Closing Date, the sum of the aggregate principal amount of outstanding Revolving Loans plus outstanding Swingline Loans plus outstanding LOC Obligations shall exceed the Revolving Committed Amount, the Borrower immediately shall prepay the Loans and cash collateralize the outstanding LOC Obligations in an amount sufficient to eliminate such excess (such prepayment to be applied as set forth in clause (viv) below).

Appears in 1 contract

Sources: Credit Agreement (Mortons Restaurant Group Inc)