Revolver B Commitment means, with respect to the Revolver B Loan, $40,000,000, plus any increase to such amount effected by the Borrower from time to time in accordance with the terms of Section 2.17 hereof, and minus any reduction of such amount effected by the Borrower from time to time in accordance with the terms of Section 2.04 and Section 2.06 hereof.
Revolver B Commitment means, with respect to each Lender, its Revolver B Commitment, and, with respect to all Lenders, their Revolver B Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.
Revolver B Commitment means, with respect to each Lender, the commitment of such Lender to make Revolver B Loans, expressed as an amount representing the maximum aggregate amount of such Lender’s Revolver B Credit Exposure hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.09, and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04. The initial amount of each Lender’s Revolver B Commitment is set forth on Schedule 2.01, or in the Assignment and Assumption pursuant to which such Lender shall have assumed its Commitment, as applicable. The aggregate amount of the Lenders’ Revolver B Commitments is $9,000,000.”
Examples of Revolver B Commitment in a sentence
Subject to the terms and conditions of this Agreement, the Borrower may borrow, repay and reborrow the Revolver B Advances; provided, however, that at no time shall the sum of (without duplication) (A) all outstanding Revolver B Advances, plus (B) the undrawn face amount of all outstanding Letters of Credit, plus (C) Reimbursement Obligations under Article III hereof, exceed the Revolver B Commitment.
All prepayments of Advances under the Revolver A Loan, the Revolver B Loan and the Term Loan made solely pursuant to this Section 2.05 shall cause the Revolver A Commitment, the Revolver B Commitment, and the Term Loan to be reduced.
Each prepayment applied to prepay Advances under the Term Loan and reductions in the Revolver A Commitment and the Revolver B Commitment shall be applied to prepay installments of Advances and reductions of Commitments together with interest accrued thereon in the inverse order of maturities or Commitment reductions.
Once reduced or terminated pursuant to this Section 2.04, the Revolver B Commitment may not be increased or reinstated.
Each such prepayment of Advances shall permanently reduce the Term Loan, the Revolver A Commitment, and the Revolver B Commitment, respectively.
More Definitions of Revolver B Commitment
Revolver B Commitment means, for each Bank, the amount set opposite such Bank's name on Schedule 1 as its Revolver B Commitment, or if such Bank has entered into any Assignment and Acceptance, as set forth for such Bank as its Revolver B Commitment in the Register maintained by the Administrative Agent pursuant to Section 9.06(c), as such amount may be reduced or terminated pursuant to Section 2.03 or Article VII.
Revolver B Commitment means $95,000,000 minus the sum of (a) the undrawn face amount of all Letters of Credit plus (b) the sum of all reimbursement obligations under Article III hereof, in each case as such amount may be increased prior to June 30, 2001 in accordance with the terms of Section 2.18 hereof, and as such amount may be reduced from time to time or terminated pursuant to Sections 2.06, 2.11 or 9.02 hereof.
Revolver B Commitment means, with respect to each Revolver B Lender, the commitment, if any, of such Revolver B Lender to make Revolver B Loans and to acquire participations in Revolver B Letters of Credit hereunder, expressed as an amount representing the maximum aggregate amount of such Revolver B Lender's Revolver B Exposure hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 3.1 and (b) reduced or increased from time to time pursuant to assignments by or to such Revolver B Lender pursuant to Section 10.11.1. The initial amount of each Revolver B Lender's Revolver B Commitment is set forth on Schedule 1.1(c), or in the Assignment Agreement pursuant to which such Revolver B Lender shall have assumed its Revolver B Commitment, as applicable. The initial aggregate amount of the Revolver B Lenders' Revolver B Commitments is $300,000,000.
Revolver B Commitment. With respect to each Lender, the amount set forth on Schedule 1 hereto as the amount of such Lender's commitment to make Revolving Credit B Loans to the Borrower, as the same may be reduced from time to time or modified pursuant to Section 2.3.2 hereof; or if such commitment is terminated pursuant to the provisions hereof, zero. Revolver B Facility Fee. See Section 2.2.2 hereof. Revolver B Commitment Percentage. With respect to each Lender, the percentage set forth on Schedule 1 hereto as such Lender's percentage of the Total Revolver B Commitment. Revolving Credit A Loans. Revolving credit loans made or to be made by the Lenders to the Borrower pursuant to Section 2.1.1 hereof.
Revolver B Commitment means, with respect to any Lender at any time, the amount set forth opposite such Lender's name on its signature page hereto under the caption "Revolver B Commitment" or, if such Lender has entered into one or more Assignment and Acceptances, the amount set forth for such Lender at such time in the Register maintained by the Administrative Agent pursuant to SECTION 10.5(B) as such Lender's "Revolver B Commitment," as such amount may be reduced at or prior to such time pursuant to the terms hereof. The aggregate amount of Revolver B Commitments as of the date hereof is $100,000,000.
Revolver B Commitment. With respect to each Bank, the amount set forth on Schedule 1 hereto as the amount of such Bank's commitment to make Revolving Credit B Loans to the Borrower, as the same may be reduced from time to time; or if such commitment is terminated pursuant to the provisions hereof, zero. Revolver B Commitment Fee. See (S)2.2.2 hereof. Revolver B Commitment Percentage. With respect to each Bank, the percentage set forth on Schedule 1 hereto as such Bank's percentage of the aggregate Total Revolver B Commitment. Revolving Credit A Loan Maturity Date. May 16, 2003. Revolving Credit A Loans. Revolving credit loans made or to be made by the Banks to the Borrower pursuant to (S)2.1.1 hereof.
Revolver B Commitment has the meaning specified in Section 2.1.2.