Common use of Facility B Commitment Clause in Contracts

Facility B Commitment. The Banks which issued a "Facility B Commitment" under and as defined in the Prior Loan Agreement have previously lent to the Borrower the amount in the aggregate of $125,000,000. The Borrower hereby acknowledges that all "Obligations" in respect of "Advances" outstanding under the "Facility B Commitment" (as such terms are defined in the Prior Loan Agreement) shall be deemed to have been made to the Borrower as Advances of the Facility B Commitment hereunder and shall constitute a portion of the Obligations. Subject to the terms and conditions hereof, Advances under the Facility B Commitment may be repaid and reborrowed to effect a change in the Interest Rate Basis or Interest Periods relating thereto; provided, however, there shall be no increase in the principal amount outstanding under the Facility B Commitment.