European Swingline Commitment Sample Clauses
European Swingline Commitment. Subject to the terms and conditions set forth herein and from and after the European Swingline Activation Date, the European Swingline Lender agrees to make European Swingline Loans to the European Administrative Borrower from time to time during the Revolving Availability Period, in an aggregate principal amount at any time outstanding that will not (subject to the provisions of Section 10.10) result in (i) the aggregate principal amount of outstanding European Swingline Loans exceeding the European Swingline Commitment, (ii) the Total U.S./European Revolving Exposure exceeding the Total U.S./European Commitment, (iii) the Total Adjusted Revolving Exposure exceeding the Total Adjusted Borrowing Base, or (iv) the Total Revolving Exposure exceeding the lesser of (A) the total Revolving Commitments and (B) the Total Borrowing Base then in effect; provided that the European Swingline Lender shall not be required to make a European Swingline Loan (i) to refinance an outstanding European Swingline Loan, or if another European Swingline Loan is then outstanding or (ii) if a European Swingline Loan has been outstanding within three (3) Business Days prior to the date of such requested European Swingline Loan. Within the foregoing limits and subject to the terms and conditions set forth herein, the European Administrative Borrower may borrow, repay and reborrow European Swingline Loans.
European Swingline Commitment. Subject to the terms and conditions of this Agreement, the European Swingline Lender agrees to make European Swingline Loans to the Foreign Borrowers (but with each of the Borrowers, including, without limitation, each of the Foreign Borrowers, jointly and severally obligated to repay such Loans) from time to time from the Closing Date through the European Swingline Termination Date as requested by the Foreign Borrowers, in accordance with the terms of Section 2.12(b); provided, that (a) the Assigned Dollar Value of all outstanding European Swingline Loans (after giving effect to any amount requested) when added to the sum of (i) the aggregate principal amount (reflecting the Assigned Dollar Value of any outstanding Foreign Currency Loans) of all outstanding Revolving Loans plus (ii) the sum of the principal amount of any drawings not reimbursed pursuant to Section 2.5(d) and the undrawn amount of outstanding Letters of Credit (reflecting the Assigned Dollar Value of such unreimbursed drawings made in an Alternative Currency or such undrawn amount of any Letters of Credit payable in an Alternative Currency) plus (iii) the aggregate principal amount of any outstanding Swingline Loans, shall not exceed the Aggregate Commitment, and (b) the Assigned Dollar Value of all outstanding European Swingline Loans (after giving effect to any amount requested) shall not exceed the European Swingline Committed Amount. Subject to the terms and conditions hereof the Foreign Borrowers may borrow, repay and reborrow Revolving Loans hereunder until the European Swingline Termination Date.
European Swingline Commitment. Subject to the terms and conditions set forth herein, the European Swingline ▇▇▇▇▇▇ agrees to make European Swingline Loans to the European Administrative Borrower, the Swiss Borrower, any U.K. Borrower, and any German Borrower, from time to time during the Revolving Availability Period, in an aggregate principal amount at any time outstanding that will not (subject to the provisions of Section 2.01(e)) result in (i) the aggregate principal amount of outstanding European Swingline Loans exceeding the European Swingline Commitment, (ii) one or more of the Funding 1209502.04-CHISR02A - MSW Conditions failing to be satisfied; provided that the European Swingline Lender shall not be required to make a European Swingline Loan (x) to refinance an outstanding European Swingline Loan, or if another European Swingline Loan is then outstanding or (y) if a European Swingline Loan has been outstanding within three (3) Business Days prior to the date of such requested European Swingline Loan. Within the foregoing limits and subject to the terms and conditions set forth herein, the European Administrative Borrower, the Swiss Borrower, eachthe U.K. Borrower, and each German Borrower may borrow, repay and reborrow European Swingline Loans.
European Swingline Commitment. Subject to the terms and conditions of this Agreement, the European Swingline Lender agrees to make European Swingline Loans to the Foreign Borrowers (but with each of the Borrowers, including, without limitation, each of the Foreign Borrowers, jointly and severally obligated to repay such Loans) from time to time from the Closing Date through the European Swingline Termination Date as requested by the Foreign Borrowers, in accordance with the terms of Section 2.12(b); provided, that (a) the Assigned Dollar Value of all outstanding European Swingline Loans (after giving effect to any amount requested) when added to the sum of (i) the aggregate principal amount (reflecting the Assigned Dollar Value of any outstanding Foreign Currency Loans) of all outstanding Revolving Loans plus (ii) the undrawn amount of outstanding Letters of Credit plus (iii) the aggregate principal amount of any outstanding Swingline Loans, shall not exceed the Aggregate Commitment, and (b) the Assigned Dollar Value of all outstanding European Swingline Loans (after giving effect to any amount requested) shall not exceed $7,500,000. Subject to the terms and conditions hereof the Foreign Borrowers may borrow, repay and reborrow Revolving Loans hereunder until the European Swingline Termination Date.