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.
Revolving Credit Facility Commitment Fees" shall mean, collectively, the Revolving Credit Facility A Commitment Fees and the Revolving Credit Facility B Commitment Fees.
The Revolving Credit Facility B Loans made by each Lender shall be evidenced by a promissory note of the Company (individually, a "Revolving Credit Facility B Note" and, collectively, the "Revolving Credit Facility B Notes"), substantially in the form attached hereto as Exhibit B, each appropriately completed, duly executed and delivered on behalf of the Company and payable to the order of such Lender in a principal amount equal to the Revolving Credit Facility B Commitment of such Lender.
To the extent that (i) the Aggregate Revolving Credit Facility A Outstandings exceeds the Total Revolving Credit Facility A Commitment or (ii) the Aggregate Revolving Credit B Outstandings exceeds the Total Revolving Credit Facility B Commitment or (iii) the Aggregate Outstandings exceeds the Total Commitment, then the Company shall immediately prepay the Revolving Credit Loans to the extent necessary to cause compliance with each of the foregoing.
All Revolving Credit Facility B Commitment Fees shall be calculated on the basis of the actual number of days elapsed in a 360-day year.
PALL CORPORATION By: /s/ Xxxx Xxxxxxxxx ---------------------------------- Name: Xxxx Xxxxxxxxx Title: Treasurer Revolving Credit Facility FLEET BANK, N.A., as Administrative A Commitment: $42,750,000 Agent, as a Lender, as Swingline Lender and as Issuing Lender Revolving Credit Facility B Commitment: $14,250,000 By: /s/ Xxxxxx X.
The Borrower shall pay to the Agent, for the account of the Revolving Credit Facility B Lender, the amount of any accrued but unpaid Revolving Credit Facility B Commitment fee under the Second Amended and Restated Senior Secured Credit Agreement in full on the Effective Date.
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.
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 thereof 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.