Definition of Revolving B Loan Commitment


Revolving B Loan Commitment means, on any date, relative to any Revolving B Lender, such Revolving B Lender's Percentage of the Revolving B Loan Commitment Amount reduced by the principal amount of any Revolving B Loans made by such Revolving B Lender as of such date. The Revolving B Loan Commitment of each Revolving B Lender is set forth below such Revolving B Lender's signature hereto or in a Lender Assignment Agreement.
Sample 1

Examples of Revolving B Loan Commitment in a sentence

The Borrower has requested an amendment to the Credit Agreement to increase the amount available under the Revolving B Loan Commitment and to revise certain other provisions.
Each Floating Rate Advance shall be in a minimum amount of 000,000 or in an integral multiple of $500,000 in excess thereof, provided, that any Floating Rate Advance may be in the amount of the unused Aggregate Revolving A Loan Commitment or the Aggregate Revolving B Loan Commitment, as the case may be.
Revolving B Loan Commitment means, for each Revolver B Lender, the obligation of such Lender to make Revolving B Loans to Borrower in an aggregate amount not exceeding the amount specified in Section 2.1.5. with respect to such Revolver B Lender, as such amount may be modified from time to time pursuant to the terms hereof.
Revolver B Termination Date means October 31, 2005 or any earlier date on which the Revolving B Loan Commitment is reduced to zero or otherwise terminated pursuant to the terms hereof.
ANNEX B-1 (c) Assignor hereby represents and warrants that Item 3 of the Schedule of Terms correctly sets forth the amount of the Working Capital Revolving Loan Commitment, Acquisition Loan Commitment, the Canadian Term Loan, the Domestic Term Loan, the Tranche B Term Loan Commitment and the Revolving B Loan Commitment, as the case may be, and the Pro Rata Share of Assignee after giving effect to the assignment and assumption described above.