Tranche B Revolving Loan Commitment definition

Tranche B Revolving Loan Commitment means, for each Lender, the obligation of such Lender to make Tranche B Revolving Loans and to participate in Alternate Currency Loans not exceeding the amount set forth on Exhibit A to this Agreement opposite its name thereon under the heading "Tranche B Revolving Loan Commitment" or the signature page of the assignment and acceptance by which it became a Lender as such amount may be modified from time to time pursuant to the terms of this Agreement or to give effect to any applicable assignment and acceptance.

Tranche B Revolving Loan Commitment means, for each Lender, the obligation of such Lender to make Tranche B Revolving Loans and to participate in Alternate Currency Loans not exceeding the amount set forth on Exhibit A to this Agreement opposite its name thereon under the heading "Tranche B Revolving Loan Commitment" or the signature page of the assignment and acceptance by which it became a Lender as such amount may be modified from time to time pursuant to the terms of this Agreement or to give effect to any applicable assignment and acceptance. "Tranche B Revolving Loan Termination Date" means July 14, 2003.

Tranche B Revolving Loan Commitment means, with respect to each Bank, initially zero, as same may be increased from time to time pursuant to Section 1.13 and reduced from time to time pursuant to Sections 3.02, 3.03 and/or 9.

Examples of Tranche B Revolving Loan Commitment in a sentence

• The Pro Rata Share of the Tranche B Revolving Loan of any Tranche B Revolving Lender shall not at any time exceed its separate Tranche B Revolving Loan Commitment.

• The commitment fee shall be payable in arrears on each Payment Date hereafter, and, in addition, on any date on which the Tranche A Revolving Loan Commitment, the Tranche B Revolving Loan Commitment, the Tranche C Revolving Loan Commitment or the Tranche D Revolving Loan Commitment, as applicable, shall be terminated in whole or, with respect to such terminated amount, in part.

• The Company and each such Bank or other lending institution (each an "Assuming Bank") which agrees to commit to make Tranche B Revolving Loans shall execute and deliver to the Administrative Agent a Tranche B Assumption Agreement substantially in the form of Exhibit B (with the increase in, or in the case of a new Assuming Bank, assumption of, such Bank's Tranche B Revolving Loan Commitment to be effective upon delivery of such Tranche B Assumption Agreement to the Administrative Agent).

• Promptly after receipt of the Borrowing/Conversion/Continuation Notice under Section 2.8 in respect of Tranche B Revolving Loans, the Administrative Agent shall notify each Lender with a Tranche B Revolving Loan Commitment, of the requested Tranche B Revolving Loan.

• Subject to the terms of this Agreement and the applicable Alternate Currency Addendum, the applicable Borrowers may borrow, repay and reborrow Alternate Currency Loans in the applicable Alternate Currency at any time prior to the termination of the Aggregate Tranche B Revolving Loan Commitment or the Aggregate Tranche D Revolving Loan Commitment, as applicable (or such earlier termination date as shall be specified in or pursuant to the applicable Alternate Currency Addendum).

More Definitions of Tranche B Revolving Loan Commitment

Tranche B Revolving Loan Commitment means (a) as to any Tranche B Revolving Lender, the aggregate commitment of such Tranche B Revolving Lender to make Tranche B Revolving Credit Advances as set forth on Annex J to the Agreement or in the most recent Assignment Agreement executed by such Tranche B Revolving Lender and (b) as to all Tranche B Revolving Lenders, the aggregate commitment of all Tranche B Revolving Lenders to make Tranche B Revolving Credit Advances, which aggregate commitment shall be Eighty Million Dollars ($80,000,000) on the Closing Date, as such amount may be adjusted, if at all, from time to time in accordance with the Agreement.

Tranche B Revolving Loan Commitment means (a) as to any Lender with a Tranche B Revolving Loan Commitment, the commitment of such Lender to make its Pro Rata Share of the Tranche B Revolving Loan as set forth on Annex J to the Agreement or in the most recent Assignment Agreement executed by such Lender, and (b) as to all Lenders with a Tranche B Revolving Loan Commitment, the aggregate commitment of all such Lenders to make the Tranche B Revolving Loan, which aggregate commitment shall be Fifty Million Dollars ($50,000,000) on the Closing Date, as to each of clauses (a) and (b), as such Tranche B Revolving Loan Commitment may be reduced, amortized, or adjusted from time to time in accordance with the Agreement.

Tranche B Revolving Loan Commitment means the several obligations of the Tranche B Revolving Lenders to advance to the Borrowers $3,000,000, on and after the Agreement Date, in accordance with their respective Tranche B Revolving Loan Commitment Ratios, pursuant to the terms hereof, and as such amount may be reduced from time to time, pursuant to the terms hereof. Each reference to the Tranche B Revolving Loan Commitment contained in this Agreement shall be deemed to refer to the Tranche B Revolving Loan Commitment then in effect.

Tranche B Revolving Loan Commitment means the commitment of a Lender to make Tranche B Revolving Loans to Company pursuant to subsection 2.1A(ii), and "TRANCHE B REVOLVING LOAN COMMITMENTS" means such commitments of all Lenders in the aggregate.

Tranche B Revolving Loan Commitment means, for each Lender, the obligation of such Lender to make Tranche B Revolving Loans, to refund or participate in Multicurrency Swing Line Loans and to participate in Alternate Currency Loans not exceeding the amount set forth on Exhibit A to this Agreement opposite its name thereon under the heading "Tranche B Revolving Loan Commitment" or the signature page of the assignment and acceptance by which it became a Lender as such amount may be modified from time to time pursuant to the terms of this Agreement or to give effect to any applicable assignment and acceptance.

Tranche B Revolving Loan Commitment means the commitment of a Lender to make Tranche B Revolving Loans to Borrower pursuant to subsection 2.1A(ii), and "Tranche B Revolving Loan Commitments" means such commitments of all Lenders in the aggregate.

Tranche B Revolving Loan Commitment means (a) as to any Lender, the aggregate commitment of such Lender to make Tranche B Revolving Credit Advances as set forth on Annex J to the Agreement or in the most recent Assignment Agreement executed by such Lender and (b) as to all Lenders, the aggregate commitment of all Lenders to make Tranche B Revolving Credit Advances, which aggregate commitment shall be Thirty Seven Million Five Hundred Thousand Dollars ($37,500,000) on the Closing Date, as such amount may be adjusted, if at all, from time to time in accordance with the Agreement.