Series B Commitment definition

Series B Commitment means, for each Series B Lender, the obligation of such Lender to make Series B Loans in an aggregate amount at any one time outstanding up to but not exceeding the amount set opposite the name of such Lender on Annex 1 hereto under the caption "Series B Commitment" (as the same may be reduced from time to time pursuant to Section 2.04 hereof or increased or reduced from time to time pursuant to Section 11.06 hereof). The original aggregate principal amount of the Series B Commitments is $100,000,000.

Series B Commitment means $0.

Series B Commitment means, with respect to each Purchaser, the amount set forth opposite such Purchaser's name in Annex I directly below the column entitled "Series B Commitment," as the same may be reduced from time to time pursuant to Section 2.02.

Examples of Series B Commitment in a sentence

• Subject to the terms and conditions of this Loan Agreement, on the Funding Date the Original Series A Lender shall make a loan to the Borrower in the principal amount equal to the Series A Commitment, and the Original Series B Lender shall make a loan to the Borrower in the principal amount equal to the Series B Commitment.

• Each Lender having a Series B Commitment severally agrees, subject to the terms and conditions hereinafter set forth, to make Series B Advances to the Borrower from time to time on any Business Day during the period from the date hereof until the Termination Date in an aggregate amount not to exceed such Lender's Series B Commitment at such time.

• The Facility Fee shall be payable monthly in arrears on each Settlement Date with respect to the prior Collection Period and shall be forwarded by the Facility Agent to (i) the Series A Bank based on the available Series A Commitment and the Facility Fee Rate applicable to the Series A Bank's Commitment, and (ii) ratably to the Series B Banks according to their Pro Rata Shares of the available Series B Commitment and the Facility Fee Rate applicable to each Series B Bank's Commitment.

• Each Series B Lender severally agrees, on the terms and conditions of this Agreement, to make loans to the Company in Dollars to but not including the Series B Commitment Termination Date in an aggregate principal amount up to but not exceeding the amount of the Series B Commitment of such Lender as in effect from time to time (such Loans being herein called "Series B Loans").

• The Original Series A Lender and the Original Series B Lender shall, before 10:00 a.m. (New York City time) on the scheduled Funding Date, make available for the account of its Lending Office to the Administrative Agent's Account, in immediately available funds, the Series A Commitment and the Series B Commitment respectively.

More Definitions of Series B Commitment

Series B Commitment means, with respect to each Limited Partner that is a party to a Series B Subscription Agreement, the aggregate amount of cash agreed to be contributed to the Partnership as a Capital Contribution by such Limited Partner, as specified in such Limited Partner’s Series B Subscription Agreement.

Series B Commitment means, with respect to any Lender, its commitment to make such portion of the Series B Loan as is set forth on its signature page hereto.

Series B Commitment means the amount set forth in Schedule 4 hereof.

Series B Commitment means the commitment of a Lender to make Series B Advances pursuant to Section 2.01(b) hereof, and "SERIES B COMMITMENTS" means such commitments of all Lenders in the aggregate.

Series B Commitment means the amount set forth in Schedule 3 to this Agreement.

Series B Commitment means the commitment of a Lender to make Series B Advances pursuant to Section 2.01(b) hereof, and "Series B Commitments" means such commitments of all Lenders in the aggregate.

Series B Commitment the obligation of ING to make Series B Revolving Loans hereunder."