Class B Revolving Commitment definition

Class B Revolving Commitment means the commitment of a Class B Lender to make or otherwise fund any Class B Revolving Loan and “Class B Revolving Commitments” means such commitments of all Class B Lenders in the aggregate. The Administrative Agent shall update Appendix A from time to time to reflect any changes in Class B Revolving Commitments. The Class B Revolving Commitment of each Class B Lender will be equal to zero on the Revolving Commitment Termination Date.
Class B Revolving Commitment means the commitment of a Class B Revolving Lender to make or otherwise fund any Class B Revolving Loan and “Class B Revolving Commitments” means such commitments of all Class B Revolving Lenders in the aggregate. The amount of each Class B Revolving Lender’s Class B Revolving Commitment, if any, is set forth on Appendix A or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Class B Revolving Commitments as of the Amendment Effective Date is $17,647,000. The Class B Revolving Commitment of each Class B Revolving Lender will be equal to zero on the Revolving Commitment Termination Date.
Class B Revolving Commitment means (a) on or afterprior to the Amendment No. 511 Effective Date, with respect to each Original Class B Revolving Lender, its Original Class B Revolving Commitment and (b) on and after the Amendment No. 11 Effective Date, (i) with respect to any Revolving Lender that is party to Amendment No. 5not a Submitting Revolving Lender, the amount set forth onunder Schedule I-B to1-B of Amendment No. 5 opposite such Xxxxxx’s name as such Xxxxxx’s Commitment under the heading “Class B Revolving Commitments,” which Commitment shall terminate on the Revolving Maturity Date, as such Class B Revolving Commitment may be reduced from time to time pursuant to the terms hereof11, (bii) in the case of any Lender that receives an assignment of any portion of a Class B Revolving Commitment, the amount specified as such Lender’s “Class B Revolving Commitment” in the Assignment and Acceptance pursuant to which such Lender assumed a portion of the Total Class B Revolving Commitment, as such Class B Revolving Commitment may be reduced from time to time pursuant to the terms hereof and (ciii) in the case of any Class B Revolving Lender that increases its Class B Revolving Commitment or becomes an Incremental Revolving Credit Commitment Increase Lender, in each case pursuant to Section 2.20, the amount specified in the applicable Incremental Agreement, in each case under this clause (b), as such Class B Revolving Commitment may be reduced from time to time pursuant to the terms hereof. As of Amendment No. 511 Effective Date, the aggregate amount of the Class B Revolving Commitments outstanding is $170,000,00023,000,000. “Class B Revolving Facility” means the revolving credit facility represented by the Class B Revolving Commitments.

Examples of Class B Revolving Commitment in a sentence

  • Notwithstanding the foregoing, no increase in the Revolving Commitment, (or in the Class B Revolving Commitment of any Lender) shall become effective under this paragraph if on the proposed date of the effectiveness of such increase, an Event of Default has occurred and is continuing.

  • The amount of each Class B Lender’s Class B Revolving Loans and Class B Revolving Commitment on the Amendment No. 6 Effective Date shall be equal to the amount reflected on the Register on the Amendment No. 6 Effective Date, which amount shall be conclusive absent manifest error.

  • The Company may, with the consent of Administrative Agent in its sole discretion (which consent may, for avoidance of doubt, be conditioned upon the effectiveness of an amendment or modification to one or more Credit Documents), from time to time elect to increase the Class B Revolving Commitment, so long as, after giving effect thereto, the aggregate amount of all such increases does not exceed $9,375,000.

  • During the Class B Revolving Commitment Period, the Borrower may use the Class B Revolving Commitments by borrowing, prepaying the Class B Revolving Loans in whole or in part, and reborrowing, all in the accordance with the terms and conditions hereof.

  • The plan should address potential adverse impacts of the project and at the same time make provisions for the opportunity the project offers to improve the socio- economic conditions of the affected population.


More Definitions of Class B Revolving Commitment

Class B Revolving Commitment with respect to each Class B Lender, the obligation of such Class B Lender, if any, to make Class B Revolving Loans and participate in Swingline Loans and Letters of Credit in an aggregate principal and/or face amount not to exceed the amount set forth opposite its name on Schedule 1.1A hereto under the heading “Class B Revolving Commitment Amounts” or as may subsequently be set forth in the Register from time to time, as the same may be (x) reduced from time to time pursuant to Sections 2.12 and 2.14 or (y) increased from time to time pursuant to Section 2.25. The aggregate Class B Revolving Commitments of all Class B Lenders shall be $170,000,000 on the Amendment No. 6 Effective Date, as such amount may be adjusted from time to time in accordance with the terms of this Agreement.
Class B Revolving Commitment means the commitment of a Class B Revolving Lender to make or otherwise fund any Class B Revolving Loan and “Class B Revolving Commitments” means such commitments of all Class B Revolving Lenders in the aggregate. The aggregate amount of the Class B Revolving Commitments as of the Closing Date is $0. The amount of any Class B Revolving Lender’s Class B Revolving Commitment after the Closing Date will be set forth in a Joinder Agreement. The Administrative Agent shall update Appendix A from time to time to reflect any changes in Class B Revolving Commitments. The Class B Revolving Commitment of each Class B Revolving Lender will be equal to zero on the Revolving Commitment Termination Date.
Class B Revolving Commitment means the commitment of a Class B Revolving Lender to make or otherwise fund any Class B Revolving Loan and “Class B Revolving Commitments” means such commitments of all Class B Revolving Lenders in the aggregate. The aggregate amount of the Class B Revolving Commitments as of the Fourth Amendment Effective Date is $19,736,850. The Administrative Agent shall update Appendix A from time to time to reflect any changes in Class B Revolving Commitments. The Class B Revolving Commitment of each Class B Revolving Lender will be equal to zero on the Revolving Commitment Termination Date.
Class B Revolving Commitment means, with respect to each Class B Revolving Lender, the commitment, if any, of such Class B Revolving Lender to make Class B Revolving Loans, including Foreign Currency Loans, expressed as an amount representing the maximum aggregate amount of such Class B Revolving Lender’s Class B Revolving Exposure, including Foreign Currency Exposure, hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.08 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 10.04. The amount of each Class B Revolving Lender’s Class B Revolving Commitment as of the Restatement Effective Date or as of the date on which such Class B Revolving Lender shall have assumed its Class B Revolving Commitment is set forth on Schedule 2.01 or in the Assignment and Acceptance pursuant to which such Class B Revolving Lender shall have assumed its Class B Revolving Commitment, as applicable.
Class B Revolving Commitment in the Assignment and Acceptance pursuant to which such Lender assumed a portion of the Total Class B Revolving Commitment, as such Class B Revolving Commitment may be reduced from time to time pursuant to the terms hereof and (ciii) in the case of any Class B Revolving Lender that increases its Class B Revolving Commitment or becomes an Incremental Revolving Credit Commitment Increase Lender, in each case pursuant to Section 2.20, the amount specified in the applicable Incremental Agreement, in each case under this clause (b), as such Class B Revolving Commitment may be reduced from time to time pursuant to the terms hereof. As of Amendment No. 511 Effective Date, the aggregate amount of the Class B Revolving Commitments outstanding is $170,000,00023,000,000. “Class B Revolving Facility” means the revolving credit facility represented by the Class B Revolving Commitments.
Class B Revolving Commitment as defined in this Agreement as in effect immediately prior to Amendment No. 11
Class B Revolving Commitment means, with respect to each Class B Revolving Lender, the commitment, if any, of such Class B Revolving Lender to make Class B Revolving Loans and to acquire participations in Letters of Credit and Swingline Loans hereunder, expressed as an amount representing the maximum aggregate amount of such Lender’s Revolving Exposure hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.08 and (b) reduced or increased from time to time pursuant to assignments by or to such Class B Revolving Lender pursuant to Section 9.04. The initial amount of each Class B Revolving Lender’s Class B Revolving Commitment is set forth on Schedule 2.01 (or in the Incremental Loan Amendment pursuant to which such Lender shall have provided any applicable Revolving Commitment Increase), or in the Assignment and Assumption pursuant to which such Lender shall have assumed its Class B Revolving Commitment, as applicable. The amount of each Class B Lender’s Revolving Commitment on the Amendment Agreement Effective Date is set forth on Schedule 2.01, as amended by the Amendment Agreement. The aggregate amount of the Class B LendersClass B Revolving Commitments on the Amendment Agreement Effective Date is $0.