Revolving Credit B Commitment definition

Revolving Credit B Commitment means, with respect to any of the Revolving Credit B Lenders at any time, the amount set forth opposite such Revolving Credit B Lender's name on Schedule I hereto under the caption "Revolving Credit B Commitment" or, if such Revolving Credit B Lender has entered into one or more Assignments and Acceptances, the amount set forth for such Revolving Credit B Lender in the Register maintained by the Administrative Agent pursuant to Section 9.08(d) as such Revolving Credit B Lender's "Revolving Credit B Commitment", as such amount may be reduced at or prior to such time pursuant to Section 2.04.
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Revolving Credit B Commitment means with respect to any PI Lender at any time, the amount set forth opposite such Lender's name on Schedule II hereto under the caption "Revolving Credit B Commitment" or, if such Lender has entered into one or more Assignment and Acceptances, set forth for such Lender in the Register maintained by the Administrative Agent pursuant to Section 9.07(g) as such Lender's "Revolving Credit B Commitment", as such amount may be reduced at or prior to such time pursuant to Section 2.06.
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Revolving Credit B Commitment means, with respect to any Revolving Credit B Lender at any time, the amount set forth opposite such Lender’s name on Schedule I hereto under the caption “Revolving Credit B Commitment” or, if such Lender has entered into one or more Assignment and Assumptions, set forth for such Lender in the Register maintained by the Administrative Agent pursuant to Section 9.07(d) as such Lender’s “Revolving Credit B Commitment,” as such amount may be reduced at or prior to such time pursuant to Section 2.05 or increased at or prior to such time pursuant to Section 2.17. The aggregate Revolving Credit B Commitments of all Revolving Credit B Lenders shall be $10,000,000 on the Effective Date, as such amount may be adjusted from time to time in accordance with the terms of this Agreement.
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Examples of Revolving Credit B Commitment in a sentence

  • The sum of the Revolving Credit A Commitment and the Revolving Credit B Commitment, as in effect from time to time.

  • No termination or reduction of any Revolving B Loan or the Revolving Credit B Commitment and no failure of the Borrower to satisfy the conditions set forth in Article VI shall entitle the Borrower to a refund of any portion of the Revolving Credit B Origination Fee.

  • The Borrowers shall have the right at any time and from time to time upon three (3) days prior written notice to the Bank to reduce by $5,000,000 or a larger integral multiple of $1,000,000 or terminate entirely the Revolving Credit A Commitment or the Revolving Credit B Commitment, whereupon such Commitment shall be reduced or, as the case may be, terminated.

  • Bank hereunder with respect to the Revolving B Loans and the Revolving Credit B Commitment.

  • Within the limits of each Revolving Credit B Lender’s Unused Revolving Credit B Commitment in effect from time to time, and subject to the limitations set forth in Sections 2.14 and 3.02, the Borrower may borrow under this Section 2.01(b), prepay pursuant to Section 2.06(a) and reborrow under this Section 2.01(b).

  • Bank agrees to make loans (each a `Revolving B Loan' and collectively the `Revolving B Loans') to the Borrower from time to time from the date hereof until the Revolving Credit B Termination Date up to an aggregate unpaid principal amount at any time equal to the Revolving Credit B Commitment, during which period the Borrower may repay and reborrow in accordance with the provisions hereof, provided that U.

  • Bank shall be evidenced by a Revolving B Note, in the amount of such Bank's Revolving Credit B Commitment.

  • Each Revolving Credit Note shall be payable to the order of the Bank in a principal amount equal to the Revolving Credit A Commitment or Revolving Credit B Commitment, as applicable, or, if less, the outstanding amount of all Loans made by the Bank, plus interest accrued thereon, as set forth below.

  • Each of the Revolving Credit B ------------------------------- Lenders severally agrees, on the terms and conditions hereinafter set forth, to make advances (each a "REVOLVING CREDIT B ADVANCE") in U.S. dollars to the Borrowers from time to time on any Business Day during the period from the Phase II Closing Date until the Termination Date in an amount for each such Advance not to exceed the Unused Revolving Credit B Commitment of such Revolving Credit B Lender at such time.

  • On the Closing Date, the Revolving Credit B Commitment is Twenty-five Million Dollars ($25,000,000).


More Definitions of Revolving Credit B Commitment

Revolving Credit B Commitment in respect of any B Lender, such B Lender’s undertaking during the Revolving Credit Commitment Period to make Revolving Credit B Loans, subject to the terms and conditions hereof, in an aggregate outstanding principal amount not exceeding the Revolving Credit B Commitment Amount of such B Lender.
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Revolving Credit B Commitment. The maximum unpaid principal amount of Revolving B Loans which may from time to time be outstanding hereunder, being initially $12,000,000.00, as the same may be reduced from time to time pursuant to Section 4.3 and, as the context may require, the agreement of U.S. Bank to make Revolving B Loans to the Borrower up to the Revolving Credit B Commitment subject to the terms and conditions of this Agreement.
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Revolving Credit B Commitment appearing in Section 1.1 of the Original Agreement is amended by decreasing the amount "$12,000,000.00" to "$10,000,000.00."
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Related to Revolving Credit B Commitment

  • Revolving Credit Commitment means, as to each Revolving Credit Lender, its obligation to (a) make Revolving Credit Loans to the Borrower pursuant to Section 2.01(b), (b) purchase participations in L/C Obligations, and (c) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 under the caption “Revolving Credit Commitment” or opposite such caption 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 this Agreement.

  • Revolving Credit Commitments means the aggregate Revolving Credit Commitments of all of the Lenders.

  • Revolving Credit Commitment Amount means with respect to any Revolving Credit Lender, (i) if the Revolving Credit Aggregate Commitment has not been terminated, the amount specified opposite such Revolving Credit Lender’s name in the column entitled “Revolving Credit Commitment Amount” on Schedule 1.2, as adjusted from time to time in accordance with the terms hereof; and (ii) if the Revolving Credit Aggregate Commitment has been terminated (whether by maturity, acceleration or otherwise), the amount equal to its Percentage of the aggregate principal amount outstanding under the Revolving Credit (including the outstanding Letter of Credit Obligations and any outstanding Swing Line Advances).

  • U.S. Revolving Credit Commitment shall have the meaning assigned to such term in Section 2.1(c).

  • Revolving Credit Committed Amount has the meaning described in Section 2.1.1 (Revolving Credit Facility).

  • Revolving Credit Commitment Fee shall have the meaning assigned to such term in Section 2.05(a).

  • Revolving Credit Loan has the meaning specified in Section 2.01(b).

  • Revolving Credit Commitment Increase has the meaning specified in Section 2.14(a).

  • Revolving Credit Loans as defined in Section 2.1.

  • Total Revolving Credit Commitment means the sum of the Revolving Credit Commitments of all the Lenders.

  • Incremental Revolving Credit Commitment means the commitment of any Lender, established pursuant to the Credit Agreement, to make available certain revolving credit loans to one or more Borrowers.

  • Revolving Loan Commitment means the commitment of a Revolving Lender to make Revolving Loans to Company pursuant to subsection 2.1A(ii), and “Revolving Loan Commitments” means such commitments of all Revolving Lenders in the aggregate.

  • Existing Revolving Credit Commitment shall have the meaning provided in Section 2.14(g)(ii).

  • Revolving Credit Commitment Percentage means, as to any Revolving Credit Lender at any time, the ratio of (a) the amount of the Revolving Credit Commitment of such Revolving Credit Lender to (b) the Revolving Credit Commitment of all the Revolving Credit Lenders.

  • Revolving Credit Commitment Period the period from and including the Closing Date to the Revolving Credit Termination Date.

  • Total Revolving Credit Commitments at any time, the aggregate amount of the Revolving Credit Commitments then in effect.

  • Revolving Loan Commitments means such commitments of all Lenders in the aggregate.

  • New Revolving Credit Commitments shall have the meaning provided in Section 2.14(a).

  • Aggregate Revolving Credit Commitment means the aggregate amount of the Revolving Credit Commitments of the Revolving Credit Lenders at any given time. The Aggregate Revolving Credit Commitment on the Closing Date is $1,250,000,000.

  • Incremental Revolving Credit Commitments has the meaning set forth in Section 2.14(a).

  • Other Revolving Credit Commitments means one or more Classes of revolving credit commitments hereunder that result from a Refinancing Amendment.

  • Extended Revolving Credit Commitment has the meaning specified in Section 2.15(a).

  • Existing Revolving Credit Commitments shall have the meaning provided in Section 2.15(a)(ii).

  • Canadian Revolving Commitment means, as to each Canadian Revolving Lender, its obligation to make Canadian Revolving Loans to the Canadian Borrower pursuant to Section 2.01, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Canadian Revolving Lender’s name on Schedule 2.01, in the Assignment and Assumption or other agreement pursuant to which such Canadian Revolving Lender becomes a party hereto, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Revolving Credit Advance means an advance by a Bank to a Borrower as part of a Revolving Credit Borrowing and refers to a Base Rate Advance or a Eurocurrency Rate Advance, each of which shall be a “Type” of Advance.

  • Aggregate Revolving Credit Commitments means, at any time, the aggregate amount of the Revolving Credit Commitments of the Revolving Credit Lenders at such time.