Common use of Discretionary Nature of the Swing Line Facility Clause in Contracts

Discretionary Nature of the Swing Line Facility. Notwithstanding any terms to the contrary contained herein or in any AutoBorrow Agreement, the swing line facility provided herein or in any AutoBorrow Agreement (i) is an uncommitted facility and the Swing Line Lender may, but shall not be obligated to, make Swing Line Advances, and (ii) may be terminated at any time by the Swing Line Lender upon written notice to the Borrower.

Appears in 15 contracts

Samples: Credit Agreement (NCS Multistage Holdings, Inc.), Credit Agreement (Aly Energy Services, Inc.), Credit Agreement (Aly Energy Services, Inc.)

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Discretionary Nature of the Swing Line Facility. Notwithstanding any terms to the contrary contained herein or in any AutoBorrow Agreement, the swing line Swing Line facility provided herein or in any AutoBorrow Agreement (i) is an uncommitted facility and the Swing Line Lender may, but shall not be obligated to, make Swing Line Advances, and (ii) may be terminated at any time by the Swing Line Lender upon written notice to the Borrower.

Appears in 5 contracts

Samples: Credit Agreement (Carbo Ceramics Inc), Credit Agreement (Carbo Ceramics Inc), Credit Agreement (Flotek Industries Inc/Cn/)

Discretionary Nature of the Swing Line Facility. Notwithstanding any terms to the contrary contained herein or in any AutoBorrow Agreementherein, the swing line facility facilities provided herein or in any AutoBorrow Agreement (i) is are each an uncommitted facility and the Swing Line Lender Lenders may, but shall not be obligated to, make Swing Line AdvancesLoans, and (ii) may be terminated at any time by the Applicable Swing Line Lender or the Applicable Borrower upon written notice by the terminating party to the Borrowernon-terminating party.

Appears in 5 contracts

Samples: Syndicated Facility Agreement (Civeo Corp), Syndicated Facility Agreement (Civeo Corp), Syndicated Facility Agreement (Civeo Corp)

Discretionary Nature of the Swing Line Facility. Notwithstanding any terms to the contrary contained herein or in any AutoBorrow Agreement, the swing line Swing Line facility provided herein or in any AutoBorrow Agreement (i) is an uncommitted facility and the Swing Line Lender may, but shall not be obligated to, make Swing Line AdvancesLoans, and (ii) may be terminated at any time by the Swing Line Lender or Borrower upon written notice by the terminating party to the Borrowernon-terminating party.

Appears in 4 contracts

Samples: Credit Agreement (Patterson Uti Energy Inc), Credit Agreement (Patterson Uti Energy Inc), Credit Agreement (Patterson Uti Energy Inc)

Discretionary Nature of the Swing Line Facility. Notwithstanding any terms to the contrary contained herein or in any AutoBorrow Agreementherein, the swing line facility facilities provided herein or in any AutoBorrow Agreement (i) is are each an uncommitted facility and the Swing Line Lender may, but shall not be obligated to, make Swing Line AdvancesLoans, and (ii) may be terminated at any time by the Swing Line Lender or the Borrower upon written notice by the terminating party to the Borrowernon-terminating party.

Appears in 3 contracts

Samples: Credit Agreement (Oil States International, Inc), Credit Agreement (Oil States International, Inc), Credit Agreement (Oil States International, Inc)

Discretionary Nature of the Swing Line Facility. Notwithstanding any terms to the contrary contained herein or in any AutoBorrow Agreement, the swing line facility provided herein or in any AutoBorrow Agreement (i) is an uncommitted facility and the Swing Line Lender may, but shall not be obligated to, make Swing Line Advances, and (ii) may be terminated at any time by the Swing Line Lender upon written notice to the US Borrower.

Appears in 3 contracts

Samples: Credit Agreement (NCS Multistage Holdings, Inc.), Credit Agreement (NCS Multistage Holdings, Inc.), Credit Agreement (NCS Multistage Holdings, Inc.)

Discretionary Nature of the Swing Line Facility. Notwithstanding any terms to the contrary contained herein or in any AutoBorrow Agreement, the swing line Swing Line facility provided herein or in any AutoBorrow Agreement (iA) is an uncommitted facility and the Swing Line Lender may, but shall not be obligated to, make Swing Line Advances, and (iiB) may be terminated at any time by the Swing Line Lender upon written notice to the Borrower.

Appears in 2 contracts

Samples: Credit Agreement (Gastar Exploration Inc.), Credit Agreement (Gastar Exploration LTD)

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Discretionary Nature of the Swing Line Facility. Notwithstanding any terms to the contrary contained herein or in any AutoBorrow Agreementherein, the swing line facility facilities provided herein or in any AutoBorrow Agreement (i) is are each an uncommitted facility and the Swing Line Lender Lenders may, but shall not be obligated to, make Swing Line AdvancesLoans, and (ii) may be terminated at any time by the Applicable Swing Line Lender or the Applicable Borrower upon written notice by the terminating party to the Borrower.non-terminating party. SECTION 2.24

Appears in 1 contract

Samples: Syndicated Facility Agreement (Civeo Corp)

Discretionary Nature of the Swing Line Facility. Notwithstanding any terms to the contrary contained herein or in any AutoBorrow Agreement, the swing line facility provided herein or in any AutoBorrow Agreement (iA) is an uncommitted facility and the Swing Line Lender may, but shall not be obligated to, make Swing Line Advances, and (iiB) may be terminated at any time by the Swing Line Lender upon written notice to the Borrower.

Appears in 1 contract

Samples: Credit Agreement (Hi-Crush Partners LP)

Discretionary Nature of the Swing Line Facility. Notwithstanding any terms to the contrary contained herein or in any AutoBorrow Agreementherein, the swing line Swing Line facility provided herein or in any AutoBorrow Agreement (i) is an uncommitted facility and the Swing Line Lender may, but shall not be obligated to, make Swing Line Advances, and (ii) may be terminated at any time by the Swing Line Lender upon written notice to the Borrower.

Appears in 1 contract

Samples: Credit Agreement (Continental Resources Inc)

Discretionary Nature of the Swing Line Facility. Notwithstanding any terms to the contrary contained herein or in any AutoBorrow Agreement, the swing line facility provided herein or in any AutoBorrow Agreement (i) is an uncommitted facility and the Swing Line Lender may, but shall not be obligated to, make Swing Line Advances, and (ii) may be terminated at any time by the Swing Line Lender upon written notice to the US Borrower. Advances .

Appears in 1 contract

Samples: Credit Agreement (NCS Multistage Holdings, Inc.)

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