B Commitment definition

B Commitment means, with respect to each Lender, the commitment of such Lender to make a B-Loan to the Borrowers on the Effective Date in the amount set forth opposite such Lender's name in Schedule 1.01(A) hereto.

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B Commitment means in relation to the Original Lender, the amount set opposite its name under the heading "B Commitment" in Part 2 of Schedule 1 (Original Properties and Original Lenders) to the extent not cancelled or reduced by it under or in accordance with this Agreement.

B Commitment means, as to any Bank, the amount set forth opposite such Bank's name on the signature pages hereof under the caption "B Commitment".

Examples of B Commitment in a sentence

The Term B Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the funding of Term B Loans to be made by it on the Closing Date.
The Term B Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the making of such Term Lender’s Term Loans pursuant to Section 2.01(a).
Within the limits of each Lender’s Tranche B Commitment, and subject to the other terms and conditions hereof, TCCI may borrow under this Section 2.1(b), prepay under Section 2.4, and, reborrow under this Section 2.1(b).
Each Term B Lender severally agrees to make to the Borrower (including by way of conversion) a single loan denominated in Dollars in a principal amount equal to such Term B Lender’s Term B Commitment on the Closing Date.
Subject to the terms and conditions set forth herein, each Term B Lender severally agrees to make a single loan to the Borrower on the Closing Date in an amount not to exceed such Term B Lender’s Term B Commitment.
Within the limits of each Lender’s Tranche B Commitment, and subject to the other terms and conditions hereof, TCCI may borrow under this Section 2.1(b), prepay under Section 2.4, and, unless converted to a Term Loan pursuant to Section 2.13(c), reborrow under this Section 2.1(b).
The Term B Commitment of each Term B Lender shall be automatically and permanently reduced to $0 on the Term B Advance Period Termination Date.
As to each Term Loan B Lender, the amount equal to such Term Loan B Lender’s Term Loan B Commitment Percentage of the aggregate principal amount of the Term Loans B from time to time Outstanding to the Borrower.
Schedule I hereto sets forth the revised Class B Commitment Percentages of the Transferor and each Acquiring Committed Note Purchaser as well as administrative information with respect to each Acquiring Committed Note Purchaser and its Funding Agent.
Once repaid, the Tranche B Loan may not be reborrowed and the Total Tranche B Commitment shall be automatically and permanently reduced by an amount equal to the amount so repaid.

More Definitions of B Commitment

B Commitment means, with respect to each Lender, the commitment of ------------ such Lender to make B Revolving Credit Loans to the Subsidiary Borrowers as set forth in Schedule 1.01A hereto, as the same may be amended or adjusted from time to time pursuant to the terms of this Agreement.

B Commitment means, as to any Bank, the amount of commitment to make Committed Rate B Advances set forth opposite such Bank's name on the signature pages hereof or, if such Bank has entered into one or more Assignments and Acceptances, the amount thereof set forth for such Bank in the Register maintained by the Agent pursuant to Section 9.08(c), as such amount may be reduced from time to time pursuant to Section 2.04.

B Commitment means, with respect to each Bank, such Bank's B Percentage of $20,000,000, as the same may be reduced from time to time as a result of (i) assignments pursuant to Section 10.04(b) and/or (ii) the operation of Section 7.

B Commitment means, for each Committed Lender, its obligation to make B-Loans not exceeding the amount set forth next to its name on Annex B hereto under the column entitled “B-Commitment”, as such amount may be modified from time to time pursuant to the terms hereof.

B Commitment means, in relation to any Bank at any time and save as otherwise provided herein, the amount set opposite its name in the third column of the First Schedule.

B Commitment as to each Bank, the amount set opposite such Bank's name on the signature pages hereto under the caption "B Commitment" as such amount is subject to reduction in accordance with the terms hereof.