Australian Swingline Commitment Termination Date Sample Clauses
The "Australian Swingline Commitment Termination Date" clause defines the specific date on which the lender's obligation to provide swingline loans under the Australian facility ends. In practice, this means that after this date, borrowers can no longer request or draw down new swingline loans, although existing loans may still be subject to repayment terms. This clause ensures clarity for both parties regarding the duration of the lender's commitment, helping to manage expectations and financial planning.
Australian Swingline Commitment Termination Date with respect to any Australian Swingline Loan, the date that is five Business Days prior to the Australian Revolver Commitment Termination Date. Australian Swingline Lender: Bank of America (Australia) or an Affiliate of Bank of America (Australia).
