Examples of Tranche B Revolving Credit Commitments in a sentence
Each Revolving Credit Borrowing under the Tranche B Facility shall be in an amount not less than the Revolving Credit Borrowing Minimum or the Revolving Credit Borrowing Multiple in excess thereof and shall consist of Eurocurrency Rate Advances in the same currency made on the same day by the Lenders ratably according to their respective Tranche B Revolving Credit Commitments.
Each such request shall be made in writing (which written request shall be deemed to be a Committed Loan Notice for purposes hereof) and in accordance with the requirements of Section 2.02(a), without regard to the minimum and multiples specified therein for the principal amount of Base Rate Loans or the conditions set forth in Section 4.02, but subject to the unutilized portion of the aggregate Tranche B Revolving Credit Commitments.
The Tranche B Revolving Credit Commitments, the Tranche B Revolving Credit Loans, the swing line loans and the letters of credit issued thereunder shall have the terms as specified in the Restated Credit Agreement (including, without limitation, with respect to the interest rate, maturity date, mandatory prepayments and voluntary prepayments).
For the avoidance of doubt and notwithstanding anything in this Amendment to the contrary, the Tranche B Revolving Credit Commitments and the Tranche B Revolving Credit Loans shall be considered a separate tranche of Indebtedness under the Credit Agreement.
On and as of the Third Amendment Effective Date and after giving effect to this Amendment, the Tranche B Revolving Credit Commitments contemplated hereby and any Tranche B Revolving Credit Loans made thereunder, each of the conditions precedent to the effectiveness of such New Revolving Credit Commitments under Section 2.14 of the Credit Agreement shall have been satisfied.
Each Tranche B Revolving Credit Borrowing shall be in an aggregate amount not less than $5,000,000 or an integral multiple of $1,000,000 in excess thereof and shall consist of Tranche B Revolving Credit Advances made on the same day by the Tranche B Revolving Credit Lenders ratably according to their Tranche B Revolving Credit Commitments.
The Revolving Credit Commitments shall be automatically and permanently terminated on the Revolving Credit Termination Date; provided, however, that the Tranche B Revolving Credit Commitments shall terminate on December 15, 1998 unless the Borrower has repaid or redeemed the Senior Notes on or prior to such date.
Each borrowing of Tranche B Revolving Credit Loans by the Borrower from the Lenders hereunder, each payment by the Borrower on account of any commitment fee in respect of the Tranche B Revolving Credit Commitments hereunder shall be made pro rata according to the respective Tranche B Revolving Credit Percentages of the Lenders.
All commitment fees accrued until the effective date of any termination of the Tranche A Revolving Credit Commitments or Tranche B Revolving Credit Commitments, as applicable, shall be paid on the effective date of such termination.
Each Tranche B Revolving Credit Borrowing shall be in an aggregate amount of $1,000,000 or an integral multiple of $100,000 in excess thereof and shall consist of Tranche B Revolving Credit Advances made simultaneously by the Tranche B Revolving Credit Lenders ratably according to their Tranche B Revolving Credit Commitments.