Available Tranche B Commitment definition

Available Tranche B Commitment means a Lender's Tranche B Commitment minus:

Available Tranche B Commitment means, in relation to a Tranche B Bank at any time and save as otherwise provided herein, its Tranche B Commitment less its share of the Outstandings in respect of Facility B at such time and in the case of a proposed Tranche B Utilisation only, adjusted to take into account:

Available Tranche B Commitment means, in relation to a Project Facility Lender at any time, the amount set out opposite its name under the column entitled “Tranche B Commitment” in Schedule 1 (The Project Facility Lenders) less:

Examples of Available Tranche B Commitment in a sentence

• The Company shall pay to the Project Facility Agent (for the account of each Project Facility Lender) in arrears a commitment fee in HK dollars computed at the rate of 1.25% per annum on that Project Facility Lender’s Available Tranche B Commitment and Available Tranche D Commitment for the Project Facility Availability Period.

• The Company shall pay to the Hotel Facility Agent (for the account of each Hotel Facility Lender) in arrears a commitment fee in HK dollars computed at the rate of 1.25% per annum on that Hotel Facility Lender’s Available Tranche B Commitment and Available Tranche D Commitment for the Hotel Facility Availability Period.

• B Commitment If a Bank's Available Tranche B Commitment is reduced in accordance with the terms hereof after the Agent has received the Notice of Drawdown for a Tranche B Advance and such reduction was not taken into account in the Available Tranche B Facility, then both the Original USD Amount and the amount of that Tranche B Advance shall be reduced accordingly.

• The commitment fee shall be payable in arrear quarterly for the period from the date of this Agreement and on the expiry of the Availability Period in relation to the Tranche B Facility or any earlier date on which the Available Tranche B Commitment equals zero.

• Each Tranche B Bank's contingent liability shall be in proportion borne by its Available Tranche B Commitment to the Available Tranche B Facility immediately prior to the acceptance of such Bills by the Canadian Dollar Agent.

More Definitions of Available Tranche B Commitment

Available Tranche B Commitment means, in relation to a Hotel Facility Lender at any time, the amount set out opposite its name under the column entitled “Tranche B Commitment” in Schedule 1 (The Hotel Facility Lenders) less:

Available Tranche B Commitment means, at any time, the aggregate Tranche B Commitments minus the Tranche B Revolving Exposure (calculated, with respect to any Defaulting Lender, as if such Defaulting Lender had funded its Applicable Percentage of all outstanding Borrowings).

Available Tranche B Commitment means, at any time, an amount equal to the remainder, if any, of (a) the lesser of (i) the Tranche B Commitment Amount or (ii) the difference between the Tranche B Borrowing Base then in effect, minus the Borrowing Base then in effect, minus (b) the Tranche B Obligations at such time.

Available Tranche B Commitment means, in relation to a Revolving Credit Facility Lender at any time, its Tranche B Facility Commitment less:

Available Tranche B Commitment as to any Tranche B Lender at any time, an amount equal to the excess, if any, of (a) such Lender’s Tranche B Commitment then in effect over (b) such Lender’s Tranche B Loans then outstanding.

Available Tranche B Commitment of a Lender means that Lender's Tranche B Commitment minus:

Available Tranche B Commitment means, in relation to a Term Facility Lender at any time, its Tranche B Facility Commitment less: