Revolving B Loan Commitment definition

Revolving B Loan Commitment means the commitment of the Lender to make Revolving Loans and issue Letters of Credit Hereunder, as such commitment may be reduced from time to time pursuant to Section 2.07. As of the Eighth Amendment Effective Date, the amount of the Lender’s Revolving B Loan Commitment is $6,000,000. As of December 31, 2019, the amount of the Lender’s Revolving B Loan Commitment shall be $3,000,000 and Borrower shall promptly repay to Lender any amounts outstanding greater than $3,000,000.

Revolving B Loan Commitment means (a) as to any Revolving B Lender, the obligation of such Revolving B Lender to make Revolving B Loans to the Borrower hereunder in an aggregate principal amount at any time outstanding not to exceed the amount set forth under such Revolving B Lender’s name on the Register, as such amount may be modified at any time or from time to time pursuant to the terms hereof (including Section 3.9) and (b) as to all Revolving B Lenders, the aggregate commitment of all Revolving B Lenders to make Revolving B Loans, as such amount may be modified at any time or from time to time pursuant to the terms hereof (including Section 3.9). The aggregate Revolving B Loan Commitment of all the Revolving B Lenders on the Closing Date shall be $400,000,000. The Revolving B Loan Commitment of each Revolving B Lender on the Closing Date is set forth under the name of such Revolving B Lender on Schedule IA.

Revolving B Loan Commitment means the commitment of a Revolving B Lender to make Revolving B Loans pursuant to subsection 2.1A(ii)(b), and "Revolving B Loan Commitments" means such commitments of all Revolving B Lenders in the aggregate.

Examples of Revolving B Loan Commitment in a sentence

• Unless previously terminated, (i) the Term A Commitment shall terminate at 5:00 p.m., Detroit time, on the Effective Date, (ii) the Term B Commitment shall terminate on the Term B Draw Expiration Date, (iii) the Term C Commitment shall terminate on the Term C Draw Expiration Date, (iv) the Revolving Commitment shall terminate on the Revolving Credit Maturity Date; and (v) the Revolving B Loan Commitment shall terminate at 5:00 p.m., Detroit time on the Revolving B Loan Expiration Date.

• The following Section 2.01(e) is added to the Credit Agreement as follows (e) Subject to the terms and conditions set forth herein, the Lender agrees to make Revolving B Loans in dollars to the Borrower from time to time on or after the Eighth Amendment Effective Date, but prior to the Revolving B Loan Expiration Date, in an aggregate principal amount outstanding not to exceed the Revolving B Loan Commitment.

• Commencing on the Closing Date, Borrower shall pay to Administrative Agent, for the ratable benefit of Revolving B Lenders, a commitment fee equal to the Fee Percentage on the average daily unused portion of the Revolving B Loan Commitment of the Revolving B Lenders (other than the Defaulting Lenders, if any).

• The Revolving B Loan Commitment Fee shall be payable in arrears on the last Business Day of each calendar quarter during the term of this Agreement commencing May 31, 2020 and ending on the date upon which all Obligations (other than contingent indemnification obligations not then due) arising under the Revolving B Loan Facility shall have been indefeasibly and irrevocably paid and satisfied in full and the Revolving B Loan Commitment has been terminated.

• The Revolving B Loan Commitment Fee shall be distributed by Administrative Agent to the Revolving B Lenders (other than any Defaulting Lender) pro rata in accordance with such Revolving B Lenders’ respective Revolving B Loan Commitment Percentages.

More Definitions of Revolving B Loan Commitment

Revolving B Loan Commitment means, for each Bank, the obligation of such Bank to make Revolving B Loans in an aggregate principal amount at any time not exceeding the amount set forth opposite its name on Schedule I hereto under the column titled "Revolving B Loan Commitment," as such amount shall be reduced from time to time pursuant to the terms of this Agreement.

Revolving B Loan Commitment means, as to each Lender, its obligation to make Loans to the Borrower pursuant to Section 2.01(b), 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 or 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. The aggregate principal amount of the Revolving B Loan Commitments in effect on the First Amendment Effective Date is TWO HUNDRED MILLION DOLLARS ($200,000,000). CHAR1\1724240v1

Revolving B Loan Commitment means ONE BILLION EIGHT HUNDRED MILLION DOLLARS ($1,800,000,000) as such amount may be otherwise reduced in accordance with Section 2.7.

Revolving B Loan Commitment means the commitment of a Domestic Lender to make Revolving B Loans to Company pursuant to subsection 2.1A(vii), and "REVOLVING B LOAN COMMITMENTS" means such commitments of all Domestic Lenders in the aggregate. `REVOLVING B LOAN COMMITMENT TERMINATION DATE' means June 15, 2002.

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.

Revolving B Loan Commitment means the aggregate amount of the commitments to make Revolving-B Loans in effect from time to time under the Third Amended and Restated 364 Day Credit Agreement.

Revolving B Loan Commitment means (a) as to any Revolving B Lender, the obligation of such Revolving B Lender to make Revolving B Loans to the Borrower hereunder in an aggregate principal amount at any time outstanding not to exceed the amount set forth under such Revolving B Lender’s name on the Register, as such amount may be modified at any time or from time to time pursuant to the terms hereof (including Section 3.9) and (b) as to all Revolving B Lenders, the aggregate commitment of all Revolving B Lenders to make Revolving B Loans, as such amount may be modified at any time or from time to time pursuant to the terms hereof (including Section 3.9). The aggregate Columbia – Second Amended and Restated Credit Agreement Revolving B Loan Commitment of all the Revolving B Lenders on the Closing Date shall be $400,000,000. The Revolving B Loan Commitment of each Revolving B Lender on the Closing Date is set forth under the name of such Revolving B Lender on Schedule IA.