Examples of Revolving Credit Facility B Commitment in a sentence
On or before the Effective Date, the Borrower shall pay to the Agent, for the Account of the Revolving Credit Facility B Lender, all accrued and unpaid Revolving Credit Facility B Commitment Fees under the Second Amended and Restated Senior Secured Credit Agreement and all accrued and unpaid Letter of Credit Fees relating to any Revolving Credit Facility B Letter of Credit under the Second Amended and Restated Senior Secured Credit Agreement.
Increase the amount of the Revolving Credit Facility A Commitment or Revolving Credit Facility B Commitment of any Bank hereunder or extend the Revolving Credit Facility A or the Revolving Credit Facility B Expiration Date; Extension of Payment; Reduction of Principal Interest or Fees; Modification of Terms of Payment.
The Obligation of the Borrower to repay the aggregate unpaid principal amount of the Revolving Credit Facility B Loans made to it by each Bank, together with interest thereon, shall be evidenced by a Revolving Credit Facility B Note dated the Closing Date payable to the order of such Bank in a face amount equal to the Revolving Credit Facility B Commitment of such Bank.
The Administrative Agent shall promptly notify each Lender of each notice from the Company to terminate or permanently reduce the amount of the Total Revolving Credit Facility B Commitment pursuant to this Section 2.05(c).
Any such reduction shall be in the amount of at least $5,000,000 or whole multiples of $1,000,000 in excess thereof, and shall reduce permanently the amount of the Total Revolving Credit Facility B Commitment then in effect.
Such fees shall be payable in arrears on the last day of March, June, September, and December of each year commencing September 30, 2000, on the Revolving Credit Facility A Commitment Termination Date, in the case of Revolving Credit Facility A, and on the Revolving Credit Facility B Commitment Termination Date, in the case of Revolving Credit Facility B, and on each date either Revolving Credit Commitment is permanently reduced in whole or in part.
Such fees shall be payable in arrears (i) on the last day of March, June, September, and December of each year commencing June 30, 2001, (ii) on the Revolving Credit Facility A Commitment Termination Date, in the case of Revolving Credit Facility A, and on the Revolving Credit Facility B Commitment Termination Date, in the case of Revolving Credit Facility B, and (iii) on each date either Revolving Credit Commitment is permanently reduced in whole or in part.
Except for borrowings which utilize the full remaining amount of the Total Revolving Credit Facility B Commitment, each borrowing of a Base Rate Loan shall be in an amount not less than $1,000,000 or, if greater, whole multiples of $500,000 in excess thereof.
Each Revolving Credit Facility B Note shall (a) be dated the Closing Date, (b) be stated to mature on the Revolving Credit Facility B Commitment Termination Date, and (c) bear interest from the date of the first Revolving Credit Facility B Loan until paid in full on the unpaid principal amount thereof from time to time outstanding as provided in Section 3.01 hereof.
The Borrowers shall have no liability to the Banks for any Revolving Credit Facility B Commitment Fees paid to the Administrative Bank which the Administrative Bank does not properly remit to such Bank, and such Bank's sole remedy in respect thereof shall be against the Administrative Bank.