Facility B Commitment definition

Facility B Commitment means, with respect to each Facility B Lender, the commitment, if any, of such Lender to make Facility B Revolving Loans and to acquire participations in Facility B Letters of Credit, Facility B Protective Advances and Facility B Swingline Loans, expressed as an amount representing the maximum possible aggregate amount of such Lender’s Facility B Revolving Exposure hereunder, as such commitment may be reduced or increased from time to time pursuant to (a) Section 2.09 and (b) assignments by or to such Lender pursuant to Section 9.04. The initial amount of each Lender’s Facility B Commitment is set forth on the Commitment Schedule, or in the Assignment and Assumption pursuant to which such Lender shall have assumed its Facility B Commitment, as applicable. The initial aggregate amount of the Lenders’ Facility B Commitments is $200,000,000.

Facility B Commitment means, in relation to a Lender, the amount set opposite its name in column 2 of part E of schedule 1 or, as the case may be, in any relevant Transfer Certificate, as amended by any relevant term of this Agreement;

Facility B Commitment means, with respect to each Lender, the commitment of such Lender to make Facility B Loans pursuant to Section 2.1(b), in amounts not exceeding in aggregate principal amount outstanding the respective Facility B commitment amounts for each Lender set forth next to the name of each such Lender in the signature pages hereof, as such amount may be reduced or modified from time to time pursuant to Section 2.2(a) or Section 8.6.

Examples of Facility B Commitment in a sentence

• For the avoidance of doubt, a Lender may only extend its entire Facility A Commitment and (if applicable) its entire Facility B Commitment existing at the date of the Extension Request.

• Ancillary Facilities of not more than EUR1 million (approximately HK$9.8 million) may be made available to each of the Facility B Borrowers respectively on a bilateral basis and on normal commercial terms by the Ancillary Lender to the Facility B Borrowers in place of part of the Ancillary Lender’s unutilised Facility B Commitment (which shall be reduced by the amount of the Ancillary Facility commitment).

• On and after the Effective Date, each Facility B Lender shall have a Facility B Commitment in an amount set forth opposite its name on Part A of Schedule I of the Credit Agreement (as amended pursuant to this Amendment) under the heading “Facility B Commitments”, with the rights, duties and obligations of such a Facility B Lender under the Credit Agreement and the other Credit Documents.

• A Borrower may, if it gives the Agent not less than thirty (30) Business Days’ (or such shorter period as the Majority Lenders or, with regards to any Facility B Commitment, the Facility B Lenders may agree) prior notice, prepay the whole or any part of any Loan (but, if in part, being a minimum amount of USD 2,500,000 or integral multiples thereof).

• A Borrower may, if it gives the Agent not less than thirty (30) Business Days’ (or such shorter period as the Majority Lenders or, with regards to any Facility B Commitment, the Facility B Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of USD 2,500,000 or integral multiples thereof) of the Available Facilities.

More Definitions of Facility B Commitment

Facility B Commitment shall have the meaning assigned to it in Section 2.01(b).

Facility B Commitment means, in relation to a Lender, the principal amount in relation to Facility B described as such set opposite its name in Schedule 2 or set out under the heading “Amount of Facility B Commitment Transferred” in the schedule to any relevant Transfer Certificate, in each case as (i) reduced or cancelled, or (ii) increased, in accordance with this Agreement.

Facility B Commitment means the amount set opposite the Lender’s name under the heading of “Commitment” in Section II (Commitment in RMB) of Schedule 1 (Lender and Commitments), to the extent not cancelled, reduced or transferred by it pursuant hereto.

Facility B Commitment means $25,000,000.00, as reduced from time to time --------------------- pursuant to Section 2.6 hereof. -----------

Facility B Commitment means USD 27,100,000 to the extent not cancelled, reduced or transferred by it under this Agreement.

Facility B Commitment means, with respect to each Facility B Lender, the commitment, if any, of such Lender to make Facility B Revolving Loans and to acquire participations in Facility B Letters of Credit, Facility B Protective Advances and Facility B Swingline Loans, expressed as an amount representing the maximum possible aggregate amount of such Lender’s Facility B Revolving Exposure hereunder, as such commitment may be reduced or increased from time to time pursuant to (a) Section 2.09, (b) assignments by or to such Lender pursuant to Section 9.04 and (c) Section 2.22. The amount of each Lender’s Facility B Commitment as of the Second Restatement Date is set forth on the Commitment Schedule, in the Assignment and Assumption pursuant to which such Lender shall have assumed its Facility B Commitment or in the supplement to this Agreement pursuant to which such Lender shall have provided an additional Facility B Commitment in accordance with Section 2.22, as applicable. As of the Second Restatement Date, the aggregate amount of Facility B Commitments is $200,000,000.

Facility B Commitment means, for each Lender, the obligation of such Lender to make term Loans under Facility B not exceeding the amount set forth opposite its name on Schedule "1" hereto or as set forth in any Notice of Assignment relating to any assignment that has become effective pursuant to Section 12.3.2, as such amount may be modified from time to time pursuant to the terms hereof.