Common use of Adjustments to Facility B Commitment Clause in Contracts

Adjustments to Facility B Commitment. (a) The Facility B Commitment of a Designated Facility B Lender which is an Ancillary Lender shall be reduced by the amount of its Ancillary Commitments upon the Agent being satisfied that the conditions in Clause 6.4 (Grant of Ancillary Facility) have been met. (b) If and to the extent: (i) any Ancillary Facility expires, or is cancelled (in whole or in part) in accordance with Clause 6.8 (Voluntary cancellation of Ancillary Facilities); and (ii) no amount is or may be payable to or by the Ancillary Lender in respect of that Ancillary Facility (or the relevant part or it), the Facility B Commitment of the relevant Designated Facility B Lender will immediately be increased by an amount equal to the amount of the Ancillary Commitment of that Ancillary Facility (or, if less, that part of it which has expired or been cancelled).