The Commitment Amount (Loan B) Clause Samples

The Commitment Amount (Loan B). Subject to the terms and conditions of this Agreement and relying upon the representations and warranties herein set forth as and when made or deemed to be made, Horizon agrees to lend to Borrower prior to the Commitment Termination Date Loan B, an amount not to exceed the Commitment Amount Loan B (Horizon). Subject to the terms and conditions of this Agreement and relying upon the representations and warranties herein set forth as and when made or deemed to be made, Silicon agrees to lend to Borrower prior to the Commitment Termination Date Loan B, an amount not to exceed the Commitment Amount Loan B (Silicon). Subject to the terms and conditions set forth herein, Borrower may request the Lenders fund Loan B in up to two (2) draws, provided that each draw from Horizon will be in an amount equal to seventy-five percent (75%) of the aggregate amount drawn and each draw from Silicon will be in an amount equal to twenty-five percent (25%) of the aggregate amount drawn. In addition the aggregate amount of the first draw under Loan B shall be in an amount not less than Two Million Dollars ($2,000,000).

The Commitment Amount (Loan B). Section 2.1(a)(ii) of the Loan Agreement is amended and restated in its entirety as follows: