(a) If for any reason (x) the Total Revolving Extensions of Credit exceeds the lesser of ( x i ) the Total Revolving Commitments then in effect and ( y) ii) the Maximum Permitted Outstanding Amount or (y) the sum of the Total Extensions of Credit plus the Total CMBX Termination Liability exceeds the Maximum Permitted Outstanding Amount, the Borrowers shall immediately prepay the applicable Loans in an aggregate amount equal to such excess.
mandatory prepayments