Common use of BORROWINGS OF SWING LINE LOANS Clause in Contracts

BORROWINGS OF SWING LINE LOANS. (a) Borrowers may irrevocably request a Borrowing of Swing Line Loans in a Minimum Amount therefor by delivering a Request for Extension of Credit therefor by Requisite Notice to Administrative Agent and Swing Line Lender not later than the Requisite Time therefor. All Borrowings of Swing Line Loans shall constitute Base Rate Loans.

Appears in 3 contracts

Samples: Credit Agreement (Apartment Investment & Management Co), Credit Agreement (Apartment Investment & Management Co), Credit Agreement (Aimco Properties Lp)

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BORROWINGS OF SWING LINE LOANS. (a) Borrowers Borrower may irrevocably request a Borrowing of Swing Line Loans in a Minimum Amount therefor by delivering a Request for Extension of Credit therefor by Requisite Notice to Administrative Agent and Swing Line Lender not later than the Requisite Time therefor. All Borrowings of Swing Line Loans shall constitute Base Rate Loans.

Appears in 2 contracts

Samples: Credit Agreement (Aimco Properties Lp), Credit Agreement (Apartment Investment & Management Co)

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