Tranche B Commitment

Example Definitions of "Tranche B Commitment"
Tranche B Commitment. Shall mean, at any time, the commitment of the Lender to make Tranche B Loans during the Forbearance Period, which commitment shall be equal to the lower of (a) the difference between (i) the Existing Tranche A Amount and (ii) the aggregate amount of Tranche A Loans outstanding at such time and (b) $1,750,000.
Tranche B Commitment. Shall mean, at any time, as to each Tranche B Lender, the principal amount set forth next to such Tranche B Lender's name on Schedule 1.27 hereto designated as the Tranche B Commitment of such Tranche B Lender or on Schedule 1 to the Assignment and Acceptance Agreement pursuant to which such Tranche B Lender became a Tranche B Lender hereunder in accordance with the provisions of Section 13.7 hereof, as the same may be adjusted from time to time in accordance with the terms hereof; sometimes... being collectively referred to herein as "Tranche B Commitments". View More Arrow
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