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.
On the Closing Date, the Revolving Credit B Commitment is Twenty-five Million Dollars ($25,000,000).
Students are expected to silence phone ringers during class or to have their phones turned off altogether – see me in special circumstances.
Each Revolving Credit B Lender severally agrees, on the terms and conditions hereinafter set forth, to make advances (each a “Revolving Credit B Advance”) to the Borrower from time to time on any Business Day during the period from the Effective Date until the Termination Date, in respect of the Revolving Credit B Facility in an amount for each such Advance not to exceed such Lender’s Unused Revolving Credit B Commitment at such time.
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 date of this Agreement 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.
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 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 hereunder with respect to the Revolving B Loans and the Revolving Credit B Commitment.
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.
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).