Total Revolving Credit Outstandings. If the Administrative Agent notifies the Company at any time that the Total Revolving Credit Outstandings at such time exceed an amount equal to 100% (or, in the case of any such excess determined by the Administrative Agent to have resulted solely from foreign currency fluctuations, 102%) of the Revolving Credit Facility then in effect, then, within two Business Days after receipt of such notice, the Borrowers shall prepay Revolving Credit Loans and/or the Company shall Cash Collateralize the L/C Obligations in an aggregate amount sufficient to reduce such Outstanding Amount as of such date of payment to an amount not to exceed 100% of the Revolving Credit Facility; provided, however, that, subject to the provisions of [Section 2.03(g)(ii)], the Company shall not be required to Cash Collateralize the L/C Obligations pursuant to this [Section 2.05(d)] unless after the prepayment in full of the Loans the Total Revolving Credit Outstandings exceed the Revolving Credit Facility. The Administrative Agent may, at any time and from time to time after the initial deposit of such Cash Collateral, request that additional Cash Collateral be provided in order to protect against the results of further exchange rate fluctuations.
Total Revolving Credit Outstandings.Mandatory. If the Administrative Agent notifies the Companyβ at any time that the Total Revolving Credit Outstandings at such time exceed an amount equal to 100% (or, in the case of any such excess determined by the Administrative Agent to have resulted solely from foreign currency fluctuations, 102%)105% of the Revolving Credit Facility then in effect, then, within two (2) Business Days after receipt of such notice, the Borrowers shall prepay Revolving Credit Loans and/or the Companyβ shall Cash Collateralize the L/C Obligations in an aggregate amount sufficient to reduce such Outstanding AmountTotal Revolving Credit Outstandings as of such date of payment to an amount not to exceed 100% of the Revolving Credit Facility;Facility then in effect; provided, however, that, subject to the provisions of [Section 2.03(g)15(a)(ii)], the Companyβ shall not be required to Cash Collateralize the L/C Obligations pursuant to this [Section 2.05(d)b)] unless after the prepayment in full of the Revolving Credit Loans the Total Revolving Credit Outstandings exceed the Revolving Credit Facility.Facility then in effect. The Administrative Agent may, at any time and from time to time after the initial deposit of such Cash Collateral, request that additional Cash Collateral be provided in order to protect against the results of further exchange rate fluctuations.
Total Revolving Credit Outstandings. If the Administrative Agent notifies the Company at any time that the Total Revolving Credit Outstandings at such time exceed an amount equal to 100% (or, in the case of any such excess determined by the Administrative Agent to have resulted solely from foreign currency fluctuations, 102%) of the Revolving Credit FacilityAggregate Commitments then in effect, then, within two (2) Business Days after receipt of such notice, the Borrowers shall prepay Revolving Credit Loans and/or the Company shall Cash Collateralize the L/C Obligations in an aggregate amount sufficient to reduce such Outstanding Amount as of such date of payment to an amount not to exceed 100%one hundred percent (100%) of the Revolving Credit Facility;Aggregate Commitments then in effect; provided, however, that, subject to the provisions of [Section 2.03(g)(ii)], the Company shall not be required to Cash Collateralize the L/C Obligations pursuant to this [Section 2.05(d)c)] unless after the prepayment in full of the Loans the Total Revolving Credit Outstandings exceed the Revolving Credit Facility.Aggregate Commitments then in effect. The Administrative Agent may, at any time and from time to time after the initial deposit of such Cash Collateral, request that additional Cash Collateral be provided in order to protect against the results of further exchange rate fluctuations. Notwithstanding the foregoing, so long as the Total Outstandings are not greater than one hundred and five percent (105%) of the Aggregate Commitments then in effect solely as a result of exchange rate fluctuations and not as a direct result of the making of a Loan or issuance of a Letter of Credit, the Borrowers shall not be required to prepay Loans and/or the Company shall not be required to Cash Collateralize the L/C Obligations, provided, however, that, if and to the extent solely as a result of exchange rate fluctuations and not as a direct result of the making of a Loan or issuance of a Letter of Credit, the Total Outstandings are greater than one hundred and five percent (105%) of the Aggregate Commitments then in effect, the Borrowers shall prepay Loans and/or the Company shall Cash Collateralize the L/C Obligations in an aggregate amount sufficient to reduce such Outstanding Amount as of such date of payment to an amount not to exceed the Aggregate Commitments then in effect.
Total Revolving Credit Outstandings. If the Administrative Agent notifies the CompanyIf, for any reason and at any time thattime, # the Total Revolving Credit Outstandings at such time exceed an amount equal to 100% (or, in the case of any such excess determined by the Administrative Agent to have resulted solely from foreign currency fluctuations, 102%) of the Revolving Credit Facility then in effect, then, within two Business Days after receiptat such time or # the Outstanding Amount of L/C Obligations exceeds the Letter of Credit Sublimit at such notice,time, the Borrowers shall immediately prepay the Revolving Credit Loans and L/C Borrowings and/or the Company shall Cash Collateralize the L/C ObligationsObligations, as applicable, in an aggregate amount sufficientequal to reduce such Outstanding Amount as of such date of payment to an amount not to exceed 100% of the Revolving Credit Facility;excess; provided, however, that, subject tothat the provisions of [Section 2.03(g)(ii)], the CompanyBorrowers shall not be required to Cash Collateralize the L/C Obligations pursuant to this [Section 2.05(d)04(b)] unless, unless, after the prepayment in full of the LoansRevolving Credit Loans, the Total Revolving Credit Outstandings exceed the Revolving Credit Facility. The Administrative Agent may,Facility at any time and from time to time after the initial deposit of such Cash Collateral, request that additional Cash Collateral be provided in order to protect against the results of further exchange rate fluctuations.time.
TotalExcess Revolving Credit Outstandings. If the Administrative Agent notifies the Company atfor any time thatreason the Total Revolving Credit Outstandings at suchany time exceed an amount equal to 100% (or, in the case of any such excess determined by the Administrative Agent to have resulted solely from foreign currency fluctuations, 102%) of the Revolving Credit Facility then in effect, then, within two Business Days after receipt ofat such notice,time, the BorrowersBorrower shall immediately prepay Revolving Credit Loans, Swing Line Loans and L/C Borrowings and/or the Company shall Cash Collateralize the L/C Obligations in an aggregate amount sufficientequal to reduce such Outstanding Amount as of such date of payment to an amount not to exceed 100% of the Revolving Credit Facility;excess; provided, however, that, subject tothat the provisions of [Section 2.03(g)(ii)], the CompanyBorrower shall not be required to Cash Collateralize the L/C Obligations pursuant to this [Section 2.05(d)b)(iv)] unlessunless, after the prepayment in full of the Revolving Credit Loans and Swing Line Loans, the Total Revolving Credit Outstandings exceed the Revolving Credit Facility. The Administrative Agent may,Facility at any time and from time to time after the initial deposit of such Cash Collateral, request that additional Cash Collateral be provided in order to protect against the results of further exchange rate fluctuations.time.
Total Revolving Credit Outstandings. If the Administrative Agent notifies the CompanyIf, for any reason and at any time thattime, # the Total Revolving Credit Outstandings at such time exceed an amount equal to 100% (or, in the case of any such excess determined by the Administrative Agent to have resulted solely from foreign currency fluctuations, 102%) of the Revolving Credit Facility then in effect, then, within two Business Days after receiptat such time or # the Outstanding Amount of L/C Obligations exceeds the Letter of Credit Sublimit at such notice,time, the Borrowers shall immediately prepay the Revolving Credit Loans and L/C Borrowings and/or the Company shall Cash Collateralize the L/C ObligationsObligations, as applicable, in an aggregate amount sufficientequal to reduce such Outstanding Amount as of such date of payment to an amount not to exceed 100% of the Revolving Credit Facility;excess; provided, however, that, subject tothat the provisions of [Section 2.03(g)(ii)], the CompanyBorrowers shall not be required to Cash Collateralize the L/C Obligations pursuant to this [Section 2.05(d)04(b)] unless, unless, after the prepayment in full of the LoansRevolving Credit Loans, the Total Revolving Credit Outstandings exceed the Revolving Credit Facility. The Administrative Agent may,Facility at any time and from time to time after the initial deposit of such Cash Collateral, request that additional Cash Collateral be provided in order to protect against the results of further exchange rate fluctuations.time.
Total Revolving Credit Outstandings.Mandatory Prepayments due to Currency Fluctuations. If the Administrative Agent notifies the Company atthat on any time thatComputation Date # solely because of currency fluctuations, the TotalAggregate Outstanding Revolving Credit Outstandings at such time exceed an amount equal to 100% (or, inExposure exceeds 105% of the caseAggregate Revolving Commitment, # solely because of any such excess determined by the Administrative Agent to have resulted solely from foreign currency fluctuations, 102%)the Dollar Amount of all outstanding Multicurrency Revolving Loans exceeds 105% of the Revolving Credit Facility thenamount specified in effect,[clause (iii)] of the proviso to the first sentence of [Section 2.1] or # solely because of currency fluctuations, the LC Exposure exceeds 105% of the amount specified in [subsection 2.18(a)(ii)], then, within two (2) Business Days after receipt of such notice, the Borrowers shall prepayrepay Advances comprised of Revolving Credit Loans and/or(or, in the Company shall Cash Collateralize the L/C Obligationscase of [clause (c)] and, if no Advances comprised of Revolving Loans are outstanding, clause (a), deposit funds in an aggregateLC Collateral Account) in an amount sufficient to reduceeliminate such Outstanding Amount as of such date of payment to an amount not to exceed 100% of the Revolving Credit Facility; provided, however, that, subject to the provisions of [Section 2.03(g)(ii)], the Company shall not be required to Cash Collateralize the L/C Obligations pursuant to this [Section 2.05(d)] unless after the prepayment in full of the Loans the Total Revolving Credit Outstandings exceed the Revolving Credit Facility. The Administrative Agent may, at any time and from time to time after the initial deposit of such Cash Collateral, request that additional Cash Collateral be provided in order to protect against the results of further exchange rate fluctuations.excess.
Total Revolving Credit Outstandings. If the Administrative Agent notifies the Company at any time that the Total Revolving Credit Outstandings at such time exceed an amount equal to 100% (or, in the case of any such excess determined by the Administrative Agent to have resulted solely from foreign currency fluctuations, 102%) of the Revolving Credit Facility then in effect, then, within two Business Days after receipt of such notice, the Borrowers shall prepay Revolving Credit Loans and/or the Company shall Cash Collateralize the L/C Obligations in an aggregate amount sufficient to reduce such Outstanding Amount as of such date of payment to an amount not to exceed 100% of the Revolving Credit Facility; provided, however, that, subject to the provisions of [Section 2.03(g)(ii)], the Company shall not be required to Cash Collateralize the L/C Obligations pursuant to this [Section 2.05(d)] unless after the prepayment in full of the Loans the Total Revolving Credit Outstandings exceed the Revolving Credit Facility. TheCommitment, the Borrower agrees to repay immediately upon notice from the Administrative Agent, by payment to the Administrative Agent may, atfor the account of the Revolving Credit Lenders, Extensions of Credit in an amount equal to such excess with each such repayment applied first, to the principal amount of outstanding Swingline Loans, second to the principal amount of outstanding Revolving Credit Loans and third, with respect to any time and from time to time after the initial depositLetters of such Cash Collateral, request that additionalCredit then outstanding, a payment of Cash Collateral into a Cash Collateral account opened by the Administrative Agent, for the benefit of the Revolving Credit Lenders, in an amount equal to such excess (such Cash Collateral to be providedapplied in order to protect against the results of further exchange rate fluctuations.accordance with Section 10.2(b)).
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