Facility B Commitments definition

Facility B Commitments the "Commitments" as defined in the Facility B Credit Agreement.

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Facility B Commitments means the aggregate commitments being made available by the Lender in relation to Facility B from the Final Funding Date, being up to $75,000,000 less any utilised Facility B L/C Commitments and in each case to the extent not otherwise cancelled, reduced or transferred by it under this Agreement.

Facility B Commitments means the obligation of the Lenders under Section 2.2 hereof to make Loans to the Borrowers in an aggregate amount not exceeding $10,000,000 as such amount may be modified from time to time pursuant to the terms of this Agreement.

Examples of Facility B Commitments in a sentence

Notwithstanding the foregoing, the termination of the European Sublimit without a corresponding termination of the Commitments shall have no effect on the availability to the Company of the Facility B Commitments.
The Facility B Commitments to lend hereunder shall expire on the Facility B Termination Date.
Subject to the terms of this Agreement and the Senior Facility B Agreement, the Senior Facility B Lenders make available to the Borrower a Rand-denominated amortising term loan facility in an aggregate amount equal to the Total Senior Facility B Commitments.
Subject to the terms of this Agreement, the Lenders make available to the Company a term loan facility in an aggregate amount equal to the Total Facility B Commitments.
The Aggregate Facility B Commitment shall be reduced by the amount of any Facility B Commitments that are terminated pursuant to this Section 2.19.
Subject to the terms and conditions in this Agreement, each Lender hereby establishes a committed, non-revolving credit facility for the Borrower in the maximum principal amount indicated opposite such Lender's name in Exhibit "A" under the heading "Facility B Commitments".
The Facility B Commitments of the Arranger Affiliates shall be reduced to the extent that New Syndicate Lenders have become a party to the Finance Documents to provide Facility B Commitments in accordance with the terms and conditions of the Senior Facilities Agreement.
Subject to the terms of this Agreement, the Facility B Lenders make available to the Borrowers a term loan facility in the Base Currency in an aggregate amount equal to the Total Facility B Commitments.
Notwithstanding the foregoing, the termination of the Canadian Sublimit without a corresponding termination of the Commitments shall have no effect on the availability to the Company of all or any portion of the Facility B Commitments.
Subject to the terms of this Agreement, the Facility B Lender makes available to the Borrower a dollar-denominated bullet loan facility in an amount equal to the Facility B Commitments.

More Definitions of Facility B Commitments

Facility B Commitments means the aggregate Facility B Commitments of all of the Facility B Banks. Nothing herein shall be construed as obligating any Bank to offer to make a Facility B Loan hereunder. Facility B Loan Due Date shall have the meaning assigned to such term in Section 2.16. Facility B Loan Election Period shall have the meaning assigned to such term in Section 2.16. Facility B Loan Request shall have the meaning assigned to such term in Section 2.16. Facility B Loans shall mean collectively and Facility B Loan shall mean separately all Facility B Loans or any Facility B Loan made by the Facility B Banks or one of the Facility B Banks to the Borrower pursuant to Sections 2.16. Facility B Notes shall mean collectively and Facility B Note shall mean separately all the Facility B Notes of the Borrower in the form of Exhibit E(2) described in Section 2.19

Facility B Commitments means the aggregate principal amount of all Facility B Term Loans. "Facility B Exposure" means, as to any Facility B Bank, the Exposure of such Facility B Bank with respect to its Facility B Commitment and its Facility B Loans. "Facility B Loan" means a Loan made to the Borrower pursuant to Section 2.1(b) or a Facility B Term Loan. "Facility B Pro Rata Share" means, as to any Facility B Bank at any time, the percentage equivalent (expressed as a decimal, rounded to the ninth decimal place) at such time of such Facility B Bank's Facility B Exposure divided by the combined Facility B Exposure of all Facility B Banks. "Facility B Termination Date" means November 16, 2001 or such later date to which the Facility B Termination Date is extended pursuant to Section 2.7, unless the Facility B Commitments or this Agreement are earlier cancelled or terminated pursuant to the terms hereof. "Facility B Term Loan Borrowing Notice" means a notice substantially in the form of Exhibit K hereto. 11

Facility B Commitments and "Facility B Loans" have the meanings given such terms in the Revolving Credit Agreement.

Facility B Commitments. Loans," "Obligations" and other terms, shall be deemed to refer mutatis mutandis to this Note, the Agent hereunder, the Banks hereunder, the Company, the Note Commitments, the Loans hereunder, the Obligations of Company hereunder and to analogous terms contained herein.

Facility B Commitments means USD 50,000,000 and "Facility B Commitment" means each Bank's portion of the Facility B Commitments as indicated on Schedule 1 to this Agreement.

Facility B Commitments means the commitments of the Lenders to make Facility B Loans in the amounts set forth opposite their signature hereto under the heading "Facility B Commitment" and opposite their signatures on Assignment Agreements delivered pursuant -19- 25 to Section 11.9 hereof under the heading "Facility B Commitment", as such amounts may be reduced pursuant hereto.