Class B Commitment definition

Class B Commitment means, the obligation of the Class B Committed Note Purchasers included in each Class B Investor Group to fund Class B Advances pursuant to Section 2.2(b) in an aggregate stated amount up to the Class B Maximum Investor Group Principal Amount for such Class B Investor Group.

Class B Commitment means, the obligation of the Class B Committed Note Purchasers included in each Class B Investor Group to fund Class B Advances pursuant to Clause 2.2(b) (Class B Advances) of the Issuer Facility Agreement in an aggregate stated amount up to the Class B Maximum Investor Group Principal Amount for such Class B Investor Group.

Class B Commitment means the commitment of a Class B Lender to fund any Class B Advance and “Class B Commitments” shall mean such commitments of all Class B Lenders in the aggregate. The amount of each Class B Lender’s Commitment is set forth on Schedule 1 to the Side Letter, as such amount may be modified in accordance with the terms hereof or in the applicable Assignment and Assumption to which any Class B Lender becomes a party.

Examples of Class B Commitment in a sentence

• Class B Loan The Class B Loan Facility The Class B Lender has agreed to make available to the FCT a euro revolving loan facility in an aggregate amount equal to the Class B Commitment.

• On any Business Day during the Revolving Period, the Issuer, subject to this Sub-Clause 2.2(b) (Class B Advances), may increase the Class B Principal Amount (such increase, including any increase resulting from a Class B Investor Group Maximum Principal Increase Amount, is referred to as an “Class B Advance”), by increasing the principal amounts of the Class B Notes allocated ratably by their respective Class B Commitment Percentages in accordance with Sub-Clause 2.2(b)(iv) (Class B Advance Allocations).

• Each Class B Committed Note Purchaser may assign its Class B Commitment, or all or any portion of its interest under its Class B Note, this Series 2013-A Supplement and each other Series 2013-A Related Document to any Person with the prior written consent of HVF II, such consent not to be unreasonably withheld; provided that, HVF II may withhold its consent in its sole and absolute discretion (and such withholding shall be deemed reasonable) to an assignment to any Person that is a Disqualified Party.

• The term of the Class B Commitment hereunder (the “Class B Term”) shall be for a period commencing on the Closing Date and ending on the Funding Termination Date.

• Notwithstanding the foregoing, the General Partner in its sole discretion may accept less than (or none of) the Subscriber's "Desired Class B Commitment Amount" and, instead, accept any or all of such amount in consideration for the issuance of a Class A Interest of the Partnership.

More Definitions of Class B Commitment

Class B Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make Class B Revolving Loans hereunder, expressed as an amount representing the maximum aggregate amount of such Lender’s Class B Revolving Credit Exposure hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.08 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04. The initial amount of each Lender’s Class B Commitment as of the Restatement Effective Date is set forth on Schedule 2.01 (determined as provided in the Amendment and Restatement Agreement), or in the Assignment and Assumption pursuant to which such Lender shall have assumed its Class B Commitment, as applicable.

Class B Commitment means, individually or collectively as the context may require, the Class B-I Commitments and the Class B-II Commitments.

Class B Commitment as to any Class B Lender, the obligation of such Class B Lender, if any, to make Class B Revolving Loans and participate in Swingline Loans and Letters of Credit in an aggregate principal and/or face amount not to exceed the amount set forth under the heading “Commitment” opposite such Class B Lender’s name on Schedule 1.1A or in the Assignment and Assumption pursuant to which such Lender became a party hereto, as the same may be changed from time to time pursuant to the terms hereof. The original aggregate amount of the Class B Commitments is $60,000,000.

Class B Commitment means, with respect to each Class B Lender, the commitment of such Class B Lender to make Class B Loans hereunder pursuant to the terms and subject to the conditions of this Agreement and the other Loan Documents, as set forth on Schedule I hereto, as the same may be reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.03, which obligation shall be deemed terminated following the occurrence of the Funding Termination Date.

Class B Commitment means, with respect to each Class B Lender, the commitment of such Lender to make Class B Loans to the Borrower pursuant to Section 2.1 of the Loan Agreement, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender's name on Schedule 2.1 attached to the Loan Agreement under the heading "Class B Commitment" or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with the Loan Agreement; provided that upon the execution and delivery of a Joinder Agreement(s) in accordance with Section 10.17 of the Loan Agreement, the Class B Commitment of each Lender party to the Loan Agreement at such time shall be as set forth in the revised Schedule 2.1 attached to the Joinder Agreement.

Class B Commitment means the commitment of a Class B Lender to make or otherwise fund any Class B Loan and “Class B Commitments” means such commitments of all Class B Lenders in the aggregate. The aggregate amount of the Class B Commitments as of the Closing Date is $0. The amount of any Class B Lender’s Class B Commitment after the Closing Date will be set forth in a Joinder Agreement. The Administrative Agent shall update Appendix A from time to time to reflect any changes in Class B Commitments. The Class B Commitment of each Class B Lender will be equal to zero on the Commitment Termination Date.

Class B Commitment. With respect to each Purchaser of Class B Variable Funding Certificates, (a) the commitment of such Purchaser to make Class B Advances under the Class B Variable Funding Certificate in accordance herewith in an amount not to exceed $83,333,333; provided, that such amount may be increased pursuant to Section 2.4(d) to an amount not to exceed $100,000,000, or (b) on or after the Termination Date, such Purchaser’s pro rata share of the aggregate Class B Advances Outstanding. Any reduction (or termination) of the Class B Facility Amount pursuant to the terms of this Agreement shall reduce ratably (or terminate) each such Purchaser’s Commitment.