Facility B Amount definition

Facility B Amount means $125,000,000 as reduced by any relevant provision of this Agreement;
Sample 1
Facility B Amount means $45,000,000, unless said amount is reduced pursuant to Section 2.5, in which event it means the amount to which said amount is reduced.
Sample 1
Facility B Amount means, on any date of determination, $10,000,000 LESS all Facility B Reductions that have become effective.
Sample 1

Examples of Facility B Amount in a sentence

  • The aggregate amount of all outstanding Advances under Facility B may not at any time exceed the Facility B Amount.

  • Subject to the terms and conditions herein, the Lender agrees to make Facility B Advances to O.S.I. Puerto Rico, from time to time on any Business Day from the Closing Date through October 31, 1999, in an aggregate principal amount outstanding at any time not to exceed the Facility B Amount, as such Facility B Amount may be reduced from time to time in accordance with the provisions of this Agreement.

  • Upon termination of Facility B pursuant to Section 2.9(d) or 7.2, the Borrower shall pay to the Bank a termination fee equal to the Termination Premium Percentage with respect to the Loan Year in which such termination occurs, multiplied by the Facility B Amount in effect immediately prior to such termination.

  • The Bank agrees to consider making Advances to the Borrower from time to time during the period from the date hereof to and including the Facility B Conversion Date in an aggregate amount not to exceed at any time outstanding the Facility B Amount.

  • Within the limits of the Facility B Amount, the Borrower may, subject always to the Bank's continuing discretion, borrow, prepay pursuant to Section 2.6 and reborrow under this Section 2.9. The Facility B Advances shall be evidenced by the Facility B Note.

  • All Facility B prepayments whether mandatory or voluntary shall automatically and permanently reduce the Facility B Amount by the amount so credited.

  • Each Loan shall be in an amount equal to $100,000, or a whole multiple thereof, or if less, then in an amount equal to the remaining available Facility A Commitment in the case of a Facility A Loan, and in an amount equal to the remaining available Facility B Amount in the case of a Facility B Loan.

  • Upon reduction of the Facility B Amount by the Borrower pursuant to Section 2.9(d), the Borrower shall pay to the Bank a termination fee equal to the Termination Premium Percentage with respect to the Loan Year in which such reduction occurs, multiplied by the amount of such reduction.

  • Subject to the terms and conditions herein, the Lender agrees to make Facility B Advances to O.S.I. Puerto Rico, from time to time on any Business Day from the Closing Date through April 30, 1999, in an aggregate principal amount outstanding at any time not to exceed the Facility B Amount, as such Facility B Amount may be reduced from time to time in accordance with the provisions of this Agreement.

  • Subject to the terms and conditions herein, the Lender agrees to make Facility B Advances to O.S.I. Puerto Rico, from time to time on any Business Day from the Closing Date through April 30, 2000, in an aggregate principal amount outstanding at any time not to exceed the Facility B Amount, as such Facility B Amount may be reduced from time to time in accordance with the provisions of this Agreement.


More Definitions of Facility B Amount

Facility B Amount means, as any date of determination, an amount determined as (i) $10,000,000, MINUS (ii) all Facility B Reductions which have become and remain effective.
Sample 1
Facility B Amount means ZAR1 400 000 000 (one billion four hundred million Rand);
Sample 1
Facility B Amount as defined in subsection 2.1(b).
Sample 1
Facility B Amount means US$3,000,000, to the extent not cancelled, reduced or transferred by the Lender under this Agreement.
Sample 1
Facility B Amount means the aggregate amount available under Facility B as set forth in the Schedule 1, subject to any cancellation in accordance with the terms of this Agreement.
Sample 1

Related to Facility B Amount

  • Facility Amount means (a) prior to the end of the Revolving Period, $250,000,000, unless this amount is permanently reduced pursuant to Section 2.5 or increased pursuant to Section 2.8, in which event it means such lower or higher amount and (b) from and after the end of the Revolving Period, the Advances outstanding.

  • Facility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.

  • Maximum Facility Amount means the aggregate Commitments as then in effect, which amount shall not exceed $200,000,000; provided that at all times after the Reinvestment Period, the Maximum Facility Amount shall mean the aggregate Advances Outstanding at such time.

  • Available Facility Amount shall have the meaning specified in paragraph 2B(1).

  • Maximum Revolving Advance Amount means $25,000,000.

  • Facility B Commitment means, in relation to a Lender, the principal amount in relation to Facility B described as such set opposite its name in Schedule 2 or set out under the heading “Amount of Facility B Commitment Transferred” in the schedule to any relevant Transfer Certificate, in each case as (i) reduced or cancelled, or (ii) increased, in accordance with this Agreement.

  • Facility B means the term loan facility made available under this Agreement as described in paragraph (b) of Clause 2.1 (The Facilities).

  • Maximum Advance Amount shall not exceed Five Hundred Thousand Dollars ($500,000) or two hundred (200%) percent of the average daily volume based on the trailing ten (10) days preceding the Drawdown Notice date whichever is of a larger value.

  • Advance Amount means with respect to Class A Advances, the Class A Advance Amount and, with respect to Class B Advances, the Class B Advance Amount.

  • Net advance amount means the gross advance amount less the aggregate amount of the actual and estimated transfer expenses required to be disclosed under section 3(e).

  • Tranche B Term Loan Percentage as to any Lender at any time, the percentage which such Lender's Tranche B Term Loan Commitment then constitutes of the aggregate Tranche B Term Loan Commitments (or, at any time after the Closing Date, the percentage which the aggregate principal amount of such Lender's Tranche B Term Loans then outstanding constitutes of the aggregate principal amount of the Tranche B Term Loans then outstanding).

  • Commitment Amount means the aggregate amount of up to Ten Million Dollars ($10,000,000) which the Investor has agreed to provide to the Company in order to purchase the Company's Common Stock pursuant to the terms and conditions of this Agreement.

  • Minimum Tranche Amount has the meaning specified in Section 2.15(b).

  • Facility A Commitment means, in relation to a Facility A Lender, the amount set opposite its name in column 1 of part E of schedule 1 or, as the case may be, in any relevant Transfer Certificate, as amended by any relevant term of this Agreement;

  • Term Loan Commitment Amount means, with respect to each Lender, the sum of such Lender’s Term Loan Tranche 1 Commitment Amount and Term Loan Tranche 2 Commitment Amount.

  • Maximum Swingline Amount means $5,000,000.

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • L/C Commitment Amount has the meaning given to that term in Section 2.3.(a).

  • Aggregate Revolving Commitment Amount means the aggregate principal amount of the Aggregate Revolving Commitments from time to time. On the Closing Date, the Aggregate Revolving Commitment Amount is $300,000,000.

  • Term Loan Amount means with respect to any Term Loan Lender, the amount equal to its Term Loan Percentage of the aggregate principal amount outstanding under the Term Loan.

  • Total Commitment Amount means, at any particular time, the aggregate of the Individual Commitments of all of the Lenders at such time.

  • Term Loan Commitment Percentage means, for any Lender, the percentage identified as its Term Loan Commitment Percentage on Schedule 2.1(a), as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 9.6.

  • Maximum Revolving Amount At any date as of which same is to be determined, the amount by which (x) $3,500,000 exceeds (y) the sum of (i) all then undrawn amounts of letters of credit issued by the Bank for the account of the Borrower plus (ii) all amounts then drawn on any such letter of credit which at said date shall not have been reimbursed to the Bank by the Borrower.

  • Revolving Facility Percentage means, with respect to any Revolving Facility Lender of any Class, the percentage of the total Revolving Facility Commitments of such Class represented by such Lender’s Revolving Facility Commitment of such Class. If the Revolving Facility Commitments of such Class have terminated or expired, the Revolving Facility Percentages of such Class shall be determined based upon the Revolving Facility Commitments of such Class most recently in effect, giving effect to any assignments pursuant to Section 9.04.

  • Applicable Facility Fee means the percentage set forth in the table below corresponding to the Level at which the “Applicable Margin” is determined in accordance with the definition thereof: Level Facility Fee 2 0.125% 3 0.150% 4 0.200% 5 0.250%

  • Term Loan Committed Amount shall have the meaning set forth in Section 2.2(a).