Common use of Facility C Commitment Clause in Contracts

Facility C Commitment. The Banks agree, severally, in accordance with their respective Commitment Ratios, and not jointly, upon the terms and subject to the conditions of this Agreement, to lend to the Borrower, on the Agreement Date, an amount not to exceed, in the aggregate, the Facility C Commitment. Subject to the terms and conditions hereof, Advances under the Facility C Commitment may be repaid and reborrowed to effect a change in the Interest Rate Basis or Interest Periods relating thereto; provided, however there shall be no increase in the principal amount outstanding under the Facility C Commitment after the Agreement Date.