Examples of Revolver B Commitment in a sentence
All prepayments of Advances under the Revolver A Loan, the Revolver B Loan and the Term Loan made solely pursuant to this Section 2.05 shall cause the Revolver A Commitment, the Revolver B Commitment, and the Term Loan to be reduced.
Once reduced or terminated pursuant to this Section 2.04, the Revolver B Commitment may not be increased or reinstated.
Subject to the terms and conditions of this Agreement, the Borrower may borrow, repay and reborrow the Revolver B Advances; provided, however, that at no time shall the sum of (without duplication) (A) all outstanding Revolver B Advances, plus (B) the undrawn face amount of all outstanding Letters of Credit, plus (C) Reimbursement Obligations under Article III hereof, exceed the Revolver B Commitment.
Each such prepayment of Advances shall permanently reduce the Term Loan, the Revolver A Commitment, and the Revolver B Commitment, respectively.
Each prepayment applied to prepay Advances under the Term Loan and reductions in the Revolver A Commitment and the Revolver B Commitment shall be applied to prepay installments of Advances and reductions of Commitments together with interest accrued thereon in the inverse order of maturities or Commitment reductions.