Line B Commitment definition

Line B Commitment means, subject to Sections 2.4 and 2.5, $93,000,000. The respective Pro Rata Shares of the Banks with respect to the Line B Commitment are set forth in Schedule 1.1.

Line B Commitment means the commitment by Banks to make non-revolving loans in an aggregate principal amount not to exceed $13,000,000 (including any Outstanding Standby Letters of Credit, not to exceed the Maximum Standby Letter of Credit Amount).

Line B Commitment means, subject to Sections 2.4 and 2.5, $278,000,000. The respective Pro Rata Shares of the Revolver Lenders with respect to the Line B Commitment are set forth in Schedule 1.1.

Examples of Line B Commitment in a sentence

• The Advances made by each Lender under the Line B Commitment shall be evidenced by that Lender's Line B Note.

• Subject to the limitations set forth herein, Borrower may borrow, repay and reborrow under the Line B Commitment without premium or penalty.

• Subject to the last sentence of Section 2.5, on each Reduction Date, (a) the Line B Commitment shall automatically be reduced by the applicable Reduction Amount until the Line B Commitment is reduced to zero and (b) after the Line B Commitment is reduced to zero, the Line A Commitment shall automatically be reduced by the applicable Reduction Amount.

• Subject to the limitations set forth herein, Borrowers may borrow, repay and reborrow under the Line B Commitment without premium or penalty.

• Principal amounts outstanding under the Line A Commitment or the Line B Commitment of the Second Amended Loan Agreement on the effective date of this Agreement (the "Carryover Principal Balance") remain outstanding under the Line A Commitment or Line B Commitment, as applicable, hereunder.

More Definitions of Line B Commitment

Line B Commitment means, subject to Section 2.7, $110,000,000. The respective Pro-Rata Shares of the Line B/C Banks with respect to the Line B Commitment are set forth in Schedule 1.1.

Line B Commitment shall have the meaning given such term in the KBHC Loan Agreement.

Line B Commitment means, subject to Sections 2.5 and 2.6,

Line B Commitment means $10,000,000, subject to any adjustment thereto pursuant to Sections 2.6 and 2.9.

Line B Commitment means the Commitment of the Lenders to make a term Loan to Borrower on the Closing Date, subject to Section 2.7, in the amount of $5,000,000.

Line B Commitment means (a) from the Closing Date through and including December 31, 1996, $100,000,000 less the aggregate principal amount, as of any date of determination, of outstanding Line A Advances and (b) after December 31, 1996, $75,000,000 less the aggregate principal amount, as of any date of determination, of outstanding Line A Advances in excess of $75,000,000.

Line B Commitment means the commitment by Bank to make non-revolving Loans, convertible to the Line B Term Loan on the Line B Conversion Date, in an aggregate principal amount not to exceed $2,000,000.