Revolving B Credit Commitment definition

Revolving B Credit Commitment means, with respect to each Lender, the commitment of such Lender to make Revolving B Loans to the Borrower in the amount set forth opposite such Lender's name in Schedule 1.01(A) hereto, as such amount may be terminated or reduced from time to time in accordance with the terms of this Agreement.

Revolving B Credit Commitment means, as to each Revolving B Lender, its obligation to (a) make Committed Revolving B Credit Loans to the Borrower pursuant to Section 2.01(b) and (b) purchase participations in Facility X X/C Obligations, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Revolving B Lender’s name on Schedule 2.01 or in the Assignment and Assumption pursuant to which such Revolving B Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

Revolving B Credit Commitment means (a) as to any Lender, the obligation of such Lender to make Revolving B Credit Advances to the account of the Borrower hereunder, in an aggregate principal amount at any time outstanding not to exceed the amount set forth opposite such Lender’s name on the Register as its Revolving B Credit Commitment, as such amount may be modified at any time or from time to time pursuant to the terms hereof and (b) as to all Lenders, the aggregate commitment of all Lenders to make Revolving B Credit Advances, as such amount may be modified at any time or from time to time pursuant to the terms hereof. As of the Third Amendment Effective Date, the aggregate Revolving B Credit Commitments are $39,394,736.84.

Examples of Revolving B Credit Commitment in a sentence

• The Revolving A Credit Commitment shall terminate on the Termination Date for the Revolving A Credit Facility and the Revolving B Credit Commitment shall terminate on the Termination Date for the Revolving B Credit Facility.

• Each Revolving B Lender severally agrees, on the terms and conditions hereinafter set forth, to make advances (each a “ Revolving B Credit Advance”) to the Borrower from time to time on any Business Day during the period from the Third Amendment Effective Date until the Termination Date in respect of the Revolving B Credit Facility in an amount for each such Revolving B Credit Advance not to exceed such Lender’s Unused Revolving B Credit Commitment at such time.

• In the event that a Revolving B Lender prevents the extension of the expiry date of the REIT L/C issued by such Revolving B Lender (in its capacity as a Facility B Issuer) in accordance with Section 2.05, then the Revolver B Maturity Date then in effect with respect to such Lender’s Revolving B Credit Commitment shall not be extended.

• For the avoidance of doubt, nothing in this Section 2.08 is intended to limit or otherwise affect any termination of the Revolving B Credit Commitment of a Revolving B Lender that results pursuant to Section 2.17 from the occurrence of the Revolver B Maturity Date with respect to such Lender’s Revolving B Credit Commitment.

• All fees accrued until the effective date of any termination of the Revolving A Credit Commitment and/or the Revolving B Credit Commitment, as applicable, shall be paid on the effective date of such termination.

More Definitions of Revolving B Credit Commitment

Revolving B Credit Commitment means, shall mean, with respect to each Lender, the commitment of such Lender to make Revolving B Loans hereunder as set forth on Schedule 2.01, or in the Assignment and Acceptance pursuant to which such Lender assumed its Revolving B Credit Commitment or resulting from a Permitted Conversion pursuant to Section 2.25, as the case may be, as the same 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.

Revolving B Credit Commitment means (a) as to any Lender, the obligation of such Lender to make Revolving B Credit Advances to the account of the Borrower hereunder, in an aggregate principal amount at any time outstanding not to exceed the amount set forth opposite such Lender’s name on the Register as its Revolving B Credit Commitment, as such amount may be modified at any time or from time to time pursuant to the terms hereof and (b) as to all Lenders, the aggregate commitment of all Lenders to make Revolving B Credit Advances, as such amount may be modified at any time or from time to time pursuant to the terms hereof. As of the Third Amendment Effective Date, the aggregate Revolving B Credit Commitments are$39,394,736.84.

Revolving B Credit Commitment means, (a) with respect to each Lender, the commitment of such Lender to make Revolving B Loans hereunder (and to acquire participations in Swingline Loans and Letters of Credit as provided for herein attributable to Revolving B Credit Commitments) as set forth in the Commitment Schedule or in the most recent Assignment and Assumption executed by such Lender or resulting from a Permitted Conversion pursuant to Section 2.27, as applicable, as the same may be (i) reduced from time to time pursuant to Section 2.06 and (ii) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04 and (b) any Incremental Revolving Credit Commitment.

Revolving B Credit Commitment. Revolving B Loans”, and “Revolving B Outstandings” are added to Section 1.1 of the Credit Agreement in alphabetical order:

Revolving B Credit Commitment means, as to each Revolving B Lender, its obligation to (a) make Committed Revolving B Credit Loans to the Borrower pursuant to Section 2.01(b) and (b) purchase participations in Facility B L/C Obligations, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Revolving B Lender’s name on Schedule 2.01 or in the Assignment and Assumption pursuant to which such Revolving B Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

Revolving B Credit Commitment means, as to each Revolving B Credit Lender, its obligation to (a) make Revolving B Credit Loans to the Borrower pursuant to Section 2.01(b), (b) purchase participations in L/C Obligations, and (c) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 under the caption “Revolving B Credit Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

Revolving B Credit Commitment means, as to each Revolving B Credit Lender, its obligation to (a) make Revolving B Credit Loans to the Borrower pursuant to Section 2.01(b), (b) purchase participations in L/C Obligations, and (c) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time