Common use of Facility B Advances Clause in Contracts

Facility B Advances. The Pro Rata Share of any Lender of the Facility B Loan shall not at any time exceed such Lender's Facility B Commitment. The obligations of each Lender hereunder shall be several and not joint. Until the Facility B Commitment Termination Date, Borrowers may from time to time borrow, repay and reborrow under this Section 2.

Appears in 2 contracts

Sources: Loan and Security Agreement (Us Lec Corp), Loan and Security Agreement (Us Lec Corp)