Completion of Requests. for Swingline Advances A Request for Swingline Advances will not be regarded having been duly completed unless: (a) the Utilisation Date is: (i) in the case of Swingline Advances in U.S. Dollars, a New York Business Day; or (ii) in the case of Swingline Advances in Sterling or euros, a Business Day, in each case falling before the Tranche B Final Maturity Date; (b) it is specified that the Swingline Advances are to be made in U.S. Dollars, Sterling or euros under the Swingline Facility; (c) the Requested Amount is a minimum Original Euro Amount of euro 10,000,000 or such other amount as the Agent or, as the case may be, US Swingline Agent and the relevant Borrower may agree which, if borrowed, would not cause the Original Euro Amount of all Utilisations under Tranche B to exceed the Tranche B Total Commitments; (d) only one Term is specified, which: (i) does not overrun the Tranche B Final Maturity Date; and (ii) is a period not exceeding 7 days.
Appears in 5 contracts
Samples: Syndicated Credit Facility Agreement (Gec Acquisition Corp), Syndicated Credit Facility (Gec Acquisition Corp), Syndicated Credit Facility Agreement (Gec Acquisition Corp)
