Line B Commitment definition

Line B Commitment means, subject to Sections 2.4 and 2.5, $93,000,000. The respective Pro Rata Shares of the Banks with respect to the Line B Commitment are set forth in Schedule 1.1.

Line B Commitment means the commitment by Banks to make non-revolving loans in an aggregate principal amount not to exceed $13,000,000 (including any Outstanding Standby Letters of Credit, not to exceed the Maximum Standby Letter of Credit Amount).

Line B Commitment means $10,000,000, subject to any adjustment thereto pursuant to Sections 2.6 and 2.9.

Examples of Line B Commitment in a sentence

• Subject to the last sentence of Section 2.5, on each Reduction Date, (a) the Line B Commitment shall automatically be reduced by the applicable Reduction Amount until the Line B Commitment is reduced to zero and (b) after the Line B Commitment is reduced to zero, the Line A Commitment shall automatically be reduced by the applicable Reduction Amount.

• Any unused portion of the Line B Commitment shall automatically terminate at the close of business on April 15, 1996.

• He is the most dynamic and hard-working scientist that I have ever known.

• It is the intent and provision of this agreement to provide for the services of a school resource officer (SRO) with such services to be rendered throughout HFM BOCES as more fully described herein below for a term commencing for September 1, 2019 - June 30, 2020, with the deputy reporting to the HFM campus during student instructional sessions.

• The obligation of each Lender -------------------------------- to make any Advance under the Line B Commitment is subject to the condition precedent that, at the date of such Advance, there exists no availability for further Advances under the Line A Commitment.

More Definitions of Line B Commitment

Line B Commitment means, subject to Section 2.7, $110,000,000. The respective Pro-Rata Shares of the Line B/C Banks with respect to the Line B Commitment are set forth in Schedule 1.1.

Line B Commitment shall have the meaning given such term in the KBHC Loan Agreement.

Line B Commitment means the Commitment of the Lenders to make a term Loan to Borrower on the Closing Date, subject to Section 2.7, in the amount of $5,000,000.

Line B Commitment means the commitment by Bank to make non-revolving Loans, convertible to the Line B Term Loan on the Line B Conversion Date, in an aggregate principal amount not to exceed $2,000,000.

Line B Commitment means, subject to Sections 2.5 and 2.6,

Line B Commitment means (a) from the Closing Date through and including December 31, 1996, $100,000,000 less the aggregate principal amount, as of any date of determination, of outstanding Line A Advances and (b) after December 31, 1996, $75,000,000 less the aggregate principal amount, as of any date of determination, of outstanding Line A Advances in excess of $75,000,000.

Line B Commitment means, subject to Sections 2.4 and 2.5, $278,000,000. The respective Pro Rata Shares of the Revolver Lenders with respect to the Line B Commitment are set forth in Schedule 1.1.