Swingline Borrowing means the Borrowing consisting of a Swingline Advance made by the Swingline Lender pursuant to Section 2.4 or, if an AutoBorrow Agreement is in effect, any transfer of funds pursuant to such AutoBorrow Agreement.
Examples of Swingline Borrowing in a sentence
Each Swingline Borrowing shall be made upon the Borrower’s irrevocable notice (which notice may be telephonic if promptly followed by a written notice signed by a Responsible Officer) to the Swingline Lender and the Administrative Agent.
Any payment made by a Revolving Facility Lender pursuant to this paragraph to reimburse an Issuing Bank for any L/C Disbursement (other than the funding of an ABR Revolving Loan or a Swingline Borrowing as contemplated above) shall not constitute a Loan and shall not relieve the Borrower or any Co-Borrower of its obligation to reimburse such L/C Disbursement.
More Definitions of Swingline Borrowing
Swingline Borrowing means a Borrowing under Section 2.9 hereof.
Swingline Borrowing has the meaning set forth in Section 1.3.
Swingline Borrowing means a Borrowing of a Swingline Loan.
Swingline Borrowing a borrowing of a Swingline Loan.
Swingline Borrowing has the meaning assigned to such term in Section 2.01.