Common use of Facility B Clause in Contracts

Facility B. Subject to the terms and conditions hereof, during the Term of this Agreement, Bank hereby agrees to make such loans (individually, a "Facility B Loan" and collectively, the "Facility B Loans") to Borrowers, jointly and severally, as any of the Borrowers may from time to time request pursuant to Section 3.2. The aggregate principal amount of Facility B Loans which Bank, cumulatively, shall be required to have outstanding hereunder at any one time shall not exceed Four Million Seven Hundred Thousand Dollars ($4,700,000.00) from the date hereof until November 29, 1998, which amount shall thereafter be reduced by One Hundred Fifty Thousand Dollars ($150,000.00) on each February 28, May 31, August 31 and November 30, with the first such reduction on November 30, 1998. This commitment of Bank is herein sometimes referred to as the "Bank's Facility B Commitment." Subject to the terms and conditions hereof, Borrowers may jointly and severally borrow, repay and reborrow such sums from Bank, provided, however, that the aggregate principal amount of all Facility B Loans outstanding under Bank's Facility B Commitment at any one time shall not exceed Bank's Facility B Commitment then available hereunder. Bank and Borrowers agree that all Loans (but not including Letters of Credit which in all cases shall be issued under Facility A) outstanding under this Agreement shall first be made under Facility B up to the Bank's Facility B Commitment, and then shall be made under Facility A, and all principal payments shall be applied, first to the outstanding principal under Facility A until paid in full, and then to the outstanding principal under Facility B.

Facility B. Subject to the terms and conditions hereof, during the Term of this Agreement, Bank hereby agrees to make such loans (individually, a "Facility B Loan" and collectively, the "Facility B Loans") to Borrowers, jointly and severally, as any of the Borrowers may from time to time request pursuant to Section 3.2. The aggregate principal amount of Facility B Loans which Bank, cumulatively, shall be required to have outstanding hereunder at any one time shall not exceed Four Three Million Seven Hundred Thousand Dollars ($4,700,000.003,000,000.00) from the date hereof until November 29, 19981999, which amount shall thereafter be reduced by One Hundred Fifty Thousand Dollars ($150,000.00) on each February 28, May 31, August 31 and November 30, commencing with the first such reduction on November 30, 19981999. This commitment of Bank is herein sometimes referred to as the "Bank's Facility B Commitment." Subject to the terms and conditions hereof, Borrowers may jointly and severally borrow, repay and reborrow such sums from Bank, provided, however, that the aggregate principal amount of all Facility B Loans outstanding under Bank's Facility B Commitment at any one time shall not exceed Bank's Facility B Commitment then available hereunder. Bank and Borrowers agree that all Loans (but not including Letters of Credit which in all cases shall be issued under Facility A) outstanding under this Agreement shall first be made under Facility B up to the Bank's Facility B Commitment, and then shall be made under Facility A, and all principal payments shall be applied, first to the outstanding principal under Facility A until paid in full, and then to the outstanding principal under Facility B.B. The Facility B Loans may be either (a) a Prime Loan, (b) a LIBOR Loan or (c) any combination thereof, as determined by the Borrowers and notified to the Bank in accordance with Section 3.2 herein, provided, however, that the amount of any Loan under this Section 3.1(b) which is a LIBOR Loan shall be for an aggregate principal amount of at least $500,000.00 or any larger multiple of $100,000.00.

Facility B. Subject to the terms and conditions hereof, during the Term of this Agreement, Bank hereby agrees to make such loans (individually, a "Facility B Loan" and collectively, the "Facility B Loans") to Borrowers, jointly and severally, as any either of the Borrowers may from time to time request pursuant to Section 3.2. The aggregate principal amount of Facility B Loans which Bank, cumulatively, shall be required to have outstanding hereunder at any one time shall not exceed Four Three Million Seven Three Hundred Fifty Thousand Dollars ($4,700,000.003,350,000.00) from the date hereof until November 29August 31, 19981997, which amount shall thereafter be reduced by One Hundred Fifty Twenty-Five Thousand Dollars ($150,000.00125,000.00) on each February 28, May 31, August 31 and November 30, with the first such reduction on November 30August 31, 19981997. This commitment of Bank is herein sometimes referred to as the "Bank's Facility B Commitment." Subject to the terms and conditions hereof, Borrowers may jointly and severally borrow, repay and reborrow such sums from Bank, provided, however, that the aggregate principal amount of all Facility B Loans outstanding under Bank's Facility B Commitment at any one time shall not exceed Bank's Facility B Commitment then available hereunder. Bank and Borrowers agree that all Loans (but not including Letters of Credit which in all cases shall be issued under Facility A) outstanding under this Agreement shall first be made under Facility B up to the Bank's Facility B Commitment, and then shall be made under Facility A, and all principal payments shall be applied, first to the outstanding principal under Facility A until paid in full, and then to the outstanding principal under Facility B.

Facility B. Subject to the terms and conditions hereof, during the Term of this Agreement, Bank hereby agrees to make such loans (individually, a "EXHIBIT I - CREDIT AGREEMENT AMENDMENT new maximum Facility B Loan" and collectively, the "Facility B Loans") to Borrowers, jointly and severally, as any of the Borrowers may from time to time request pursuant to Section 3.2. The aggregate principal amount of Facility B Loans which Bank, cumulatively, shall be required to have outstanding hereunder at any one time shall not exceed Four Two Million Seven Hundred Thousand Dollars ($4,700,000.00) from the date hereof until November 29, 1998, which amount shall thereafter be reduced by One Nine Hundred Fifty Thousand Dollars ($150,000.002,950,000.00) for the period up to and including May 30, 2002, further reducing on each February 28, May 31, 2002 to the new maximum Facility B amount of Two Million Eight Hundred Thousand Dollars ($2,800,000.00) for the period up to and including August 31 and November 30, with 2002, further reducing on August 31, 2002 to the first such reduction new maximum Facility B amount of Two Million Six Hundred Fifty Thousand Dollars ($2,650,000.00) for the period up to and including November 29, 2002, further reducing on November 30, 19982002 to the new maximum Facility B amount of Two Million Five Hundred Thousand Dollars ($2,500,000.00) for the period up to and including February 27, 2003, further reducing on February 28, 2003 to the new maximum Facility B amount of Two Million Three Hundred Fifty Thousand Dollars ($2,350,000.00) for the period up to and including May 30, 2003, further reducing on May 31, 2003 to the new maximum Facility B amount of Two Million Two Hundred Thousand Dollars ($2,200,000.00), with the balance of such Facility B Loans due and payable in full on July 31, 2003. This commitment of Bank as so reduced from time to time is herein sometimes referred to as the "Bank's Facility B Commitment." Subject to the terms and conditions hereof, Borrowers may jointly and severally borrow, repay and reborrow such sums from Bank, provided, however, that the aggregate principal amount of all Facility B Loans outstanding under Bank's Facility B Commitment at any one time shall not exceed Bank's Facility B Commitment then available hereunder. Bank and Borrowers agree that all Loans (but not including Letters of Credit which in all cases shall be issued under Facility A) outstanding under this Agreement shall first be made under Facility C up to the Bank's Facility C Commitment, and then shall be made under Facility B up to the Bank's Facility B Commitment, and then lastly shall be made under Facility A, and all principal payments shall be applied, first to the outstanding principal under Facility A until paid in full, then to the outstanding principal under Facility B, and then to the outstanding principal under Facility B.C. The Facility B Loans may be either (a) a Prime Loan, (b) a LIBOR Loan or (c) any combination thereof, as determined by the Borrowers and notified to the Bank in accordance with Section 3.2 herein, provided, however, that the amount of any Loan under this Section 3.1(b) which is a LIBOR Loan shall be for an aggregate principal amount of at least $500,000.00 or any larger multiple of $100,000.00. 13. Section 3.1(c) of the Loan Agreement shall be deleted in its entirety and in its place shall be substituted the following: