Term B Loan Commitment. 1. In a single Borrowing (which shall be on a Business Day) occurring on the Effective Date, each Term B Lender agrees that it will make Term B Loans to the Borrower equal to such Lender's Term B Percentage of the aggregate amount of the Borrowing of Term B Loans requested by the Borrower to be made on such day. The aggregate amount of Term B Loans shall not exceed the Term B Loan Commitment Amount.
Term B Loan Commitment. Each Lender agrees to make term loans (“Term B Loans”) from time to time until the date that is the third anniversary of the Initial Closing Date in such Lender’s Pro Rata Share of such aggregate amounts as the Parent may request from the Administrative Agent; provided that the aggregate amounts of the Term B Loans (whether outstanding or previously paid by the Borrowers) will not at any time exceed the Term B Loan Commitment. Any amounts borrowed by the Borrowers constituting Term B Loans may not be repaid and reborrowed.
Term B Loan Commitment. On not more than three dates prior to the Term B Loan Commitment Termination Date, each Term B Lender severally will make loans in U.S. Dollars (relative to such Lender, its "Term B Loan") to the Borrower equal to such Lender's Term Percentage of the aggregate amount of the Borrowing of Term B Loans requested by the Borrower to be made on such day. The Commitment of each Term B Lender described in this Section 2.1.1 is herein referred to as its "Term B Loan Commitment". On the Term B Commitment Termination Date, the Term B Loan Commitment shall terminate, and any portion of the Term B Loan Commitment Amount that is not borrowed on such date shall be extinguished. No amounts paid or prepaid with respect to Term B Loans may be reborrowed.
Term B Loan Commitment. In a single Borrowing on any Business Day occurring on or prior to the Term B Loan Commitment Termination Date, each Lender that has a Term B Loan Commitment agrees that it will make loans (relative to such Lender, its "Term B Loans") to the Borrower equal to such Lender's Term B Percentage of the aggregate amount of the Borrowing of Term B Loans requested by the Borrower to be made on such day. No amounts paid or prepaid with respect to Term B Loans may be reborrowed.
Term B Loan Commitment. On the terms and subject to the conditions set forth in this Agreement, Bank agrees to make Term B Loans to Borrower and to issue Letters of Credit, pursuant to Section 2.3, for the account of the Borrower, from time to time before the Term B Loan Termination Date in such aggregate amounts as Borrower may from time to time request but not exceeding at any one time outstanding the lesser of (i) the Borrowing Base or (ii) $10,000,000; provided, however, that the issuance of standby Letters of Credit shall be limited to $1,000,000 in the aggregate. Borrower shall have the right to repay and reborrow any of the Term B Loans in increments of $100,000 (or $25,000 integral multiples); provided, however, that it shall be a condition precedent to any reborrowing that as of the date of any reborrowing all of the conditions to borrowing set forth in this Agreement shall be satisfied and all
Term B Loan Commitment. Upon the satisfaction of each of the conditions set forth in Section 5.1, all ‘Loans’ owing to the Lenders on the Closing Date under and as defined in the Original Credit Agreement and designated to be converted into or continued as Term B Loans hereunder pursuant to the Master Assignment Agreement, shall thereupon constitute Term B Loans subject to the terms of this Agreement (each such Lender’s Term B Percentage thereof, if any, together with any Loans made by such Lender in connection with the Borrower’s exercise of a Term B Loan Commitment increase pursuant to the terms of Section 2.8, if any, being its ‘Term B Loans’). No amounts paid or prepaid with respect to Term B Loans may be reborrowed.”
Term B Loan Commitment. (a) Subject to the conditions set forth herein, each Bank, from time to time, shall fund, severally but not jointly, its Pro Rata Share of such Term B Loan Advances as Borrower may request, provided that (a) the Term B Loan Balance at any one time outstanding shall not exceed the Term B Loan Commitment, and (b) the aggregate amount of a Bank's funding of the Term B Loan Balance at any one time outstanding shall not exceed its Pro Rata Share of the Term B Loan Commitment. The loan of each Bank shall be a multiple-advance line of credit, against which a Bank shall fund its Pro Rata Share of each Term B Loan Advance to be made to Borrower provided that (i) there is no Event of Default under any provision of this Senior Credit Agreement, (ii) no Term B Loan Advance shall be made that would cause the Term B Loan Balance to exceed the Term B Loan Commitment, and (iii) no Bank shall be obligated under any circumstances to fund a Term B Loan Advance in excess of that Bank's Pro Rata Share of the requested Term B Loan Advance. The Banks shall not be obligated to fund their Pro Rata Share of any Term B Loan Advance if, after giving effect thereto, any of the foregoing limitations would be exceeded.
Term B Loan Commitment. Subject to the terms and conditions hereof, each Term B Lender severally agrees to make to the Borrower, and the Borrower may request, on the Closing Date, term loans in an aggregate principal amount of such Lender’s Term B Loan Commitment. Notwithstanding any other provision of this Agreement, undrawn Term B Loan Commitments shall automatically terminate on the Closing Date upon the funding of Term B Loans pursuant to this Section 2.01(a).
Term B Loan Commitment. Subject to the terms and conditions set forth herein, each Term B Lender hereby severally agrees to make a term B loan (each a “Term B Loan”, and together with the Term A Loans, the “Loans”) on the Closing Date in the principal amount set forth opposite each such Term B Lender’s name on Schedule 1.01(D) hereto to the Borrower, in accordance with this Section 2.01. The aggregate principal amount of the Term B Loans to be advanced shall not exceed $10,000,000.
Term B Loan Commitment. On and subject to the terms and conditions of this Agreement, each of the Term B Lenders, severally and for itself alone, agrees to make, on the Amendment Effective Date, a loan to FDTH equal to its Term B Percentage of the aggregate principal Table of Contents amount of Term B Loans requested by FDTH from all Term B Lenders on such date; provided that the aggregate Term B Loans requested shall not exceed $220,000,000.
