Facility B Commitment. Subject to all the terms and conditions of this Loan Agreement and prior to the termination of its commitment as hereinafter provided, Bank hereby agrees to make loans (each a "Facility-B Loan") to Borrower in such amounts as Borrower shall request pursuant to this Section 1.B. at any time from the date hereof through December 31, 1997 (the "Facility-B Availability End Date"), in an aggregate principal amount not to exceed $1,000,000.00 (the "Facility-B Commitment"). If at any time or for any reason, the outstanding principal amount of the Facility-B Loan Account (as hereinafter defined) is greater than the Facility-B Commitment, Borrower shall immediately pay to Bank, in cash, the amount of such excess. Any commitment of Bank, pursuant to the terms of this Loan Agreement, to make Facility-B Loans shall expire on the Facility-B Availability End Date, subject to Bank's right to renew said commitment in its sole and absolute discretion at Borrower's request. Any such renewal of said commitment shall not be binding upon Bank unless it is in writing and signed by an officer of Bank. The outstanding principal balance of the Facility-B Loan Account may be prepaid in whole or in part (but only in whole multiples of $1,000.00) at any time without penalty. Facility-B Loans which are repaid by Borrower may not be reborrowed. Borrower promises to pay to Bank the outstanding unpaid principal balance (and all accrued unpaid interest thereon) of the Facility-B Loan Account on December 29, 2000 ("Facility-8 Maturity Date").
Facility B Commitment. Subject to all the terms and conditions of this Restated Loan Agreement and prior to the termination of its commitment as hereinafter provided, Bank hereby agrees to make
Facility B Commitment. The Banks which issued a "Facility B Commitment" under and as defined in the Prior Loan Agreement have previously lent to the Borrower the amount in the aggregate of $125,000,000 of which $50,000,000 is outstanding on the Agreement Date. The Borrower hereby acknowledges that all "Obligations" in respect of "Advances" outstanding under the "Facility B Commitment" (as such terms are defined in the Prior Loan Agreement) shall be deemed to have been made to the Borrower as Advances of the Facility B Commitment hereunder and shall constitute a portion of the Obligations. The Banks agree, severally, in accordance with their respective Commitment Ratios, and not jointly, upon the terms and subject to the conditions of this Agreement, to lend to the Borrower, on a single date on or after the ProNet Merger Date but prior to the Facility B Commitment Termination Date, an additional amount not to exceed, in the aggregate, $75,000,000. The obligation of the Banks to fund the additional $75,000,000 under the Facility B Commitment shall be automatically terminated in the event the ProNet Merger Date fails to occur on or prior to the Facility B Commitment Termination Date. Subject to the terms and conditions hereof, Advances under the Facility B Commitment may be repaid and reborrowed to effect a change in the Interest Rate Basis or Interest Periods relating thereto; provided, however, there shall be no increase in the principal amount outstanding under the Facility B Commitment following the making of the Advance under the Facility B Commitment in connection with the ProNet Merger in an amount not to exceed $75,000,000.
Facility B Commitment. The Banks which issued a "Facility B Commitment" under and as defined in the Prior Loan Agreement have previously lent to the Borrower the amount in the aggregate of $125,000,000. The Borrower hereby acknowledges that all "Obligations" in respect of "Advances" outstanding under the "Facility B Commitment" (as such terms are defined in the Prior Loan Agreement) shall be deemed to have been made to the Borrower as Advances of the Facility B Commitment hereunder and shall constitute a portion of the Obligations. Subject to the terms and conditions hereof, Advances under the Facility B Commitment may be repaid and reborrowed to effect a change in the Interest Rate Basis or Interest Periods relating thereto; provided, however, there shall be no increase in the principal amount outstanding under the Facility B Commitment.
Facility B Commitment. On the Closing Date, upon the terms and conditions set forth in this Agreement and in reliance upon the representations and warranties of Borrower herein set forth, each Lender severally agrees to make the Facility B Advance to the Borrower in the amount of its Facility B Commitment.
Facility B Commitment. On the terms and subject to the --------------------- conditions of this Agreement (including without limitations Section 2.1.4), from ------------- time to time on any Business Day occurring prior to the Facility B Commitment Termination Date, the Issuer shall issue and the Lenders shall participate in Facility B Letters of Credit pursuant to Section 4.1. -----------
Facility B Commitment. An Ancillary Lender's Facility B Commitment at any time shall be reduced by the amount of its Ancillary Commitment in force at that time and increased by the amount of its Ancillary Commitment cancelled from time to time.
Facility B Commitment. (a) The Issuing Lender agrees, on the terms and conditions set forth in this Agreement, on the Closing Date to effect the Facility B L/X Xollateral Release. On and after the Closing Date, the Facility B Letter of Credit shall be (i) deemed to be issued under Facility B and in the event that any provisions of the Facility B L/X Xecurity and Reimbursement Agreement are inconsistent with the provisions of this Agreement, the provisions of this Agreement shall govern and (ii) secured pursuant to the Collateral Documents.
(b) From and including the Closing Date and prior to the Facility Termination Date, each Facility B Lender severally (and not jointly) agrees, on the terms and conditions set forth in this Agreement, to make term Loans to the Borrower under Facility B from time to time in amounts not to exceed in the aggregate the amount of its Facility B Commitment. Loans under Facility B shall be (i) available only in accordance with Section 2.18.2(b) and applied as set forth in Section 6.2, (ii) evidenced by the Facility B Notes and (iii) secured pursuant to the terms of the Collateral Documents. Principal payments made on Advances made under Facility B may not be reborrowed.
Facility B Commitment. From and including the date of this Agreement and prior to the Facility Termination Date, each Facility B Lender severally agrees, on the terms and conditions set forth in this Agreement, to make term Loans to the Borrower under Facility B from time to time in amounts not to exceed in the aggregate the amount of its Facility B Commitment. Subject to the terms of this Agreement, the Borrower may borrow under Facility B at any time on or before September 27, 1996 so long as any portion of the Aggregate Facility B
Facility B Commitment. The Lenders agree, severally, in accordance with their respective Commitment Ratios, and not jointly, upon the terms and subject to the conditions of this Agreement, to lend to the Borrower (i) $30,000,000 on the Agreement
