Foreign Currency Swingline Loans. Swingline Loans denominated in Foreign Currencies shall bear interest at a rate per annum agreed between the Borrower and the applicable Swingline Lender at the time the respective Swingline Loans are made; provided that if any such Loan shall continue outstanding for more than five (5) Business Days, such Loan shall be deemed automatically converted into a Eurocurrency Loan held solely by such Swingline Lender with consecutive Interest Periods of one-month’s duration.
Appears in 5 contracts
Samples: Senior Secured Credit Agreement (SLR Investment Corp.), Senior Secured Credit Agreement (SLR Investment Corp.), Senior Secured Credit Agreement (Solar Capital Ltd.)
Foreign Currency Swingline Loans. Swingline Loans denominated in Foreign Currencies shall bear interest at a rate per annum agreed between the Borrower and the applicable Swingline Lender at the time the respective Swingline Loans are made; , provided that if any such Loan shall continue outstanding for more than five (5) Business Days, such Loan shall be deemed automatically converted into a Eurocurrency Loan held solely by such the Swingline Lender with consecutive Interest Periods of one-month’s duration.
Appears in 4 contracts
Samples: Senior Secured Revolving Credit Agreement (Apollo Investment Corp), Senior Secured Revolving Credit Agreement (Apollo Investment Corp), Amended and Restated Senior Secured Revolving Credit Agreement (Apollo Investment Corp)
Foreign Currency Swingline Loans. Swingline Loans denominated in Foreign Currencies shall bear interest at a rate per annum agreed between the Borrower and the applicable Swingline Lender at the time the respective Swingline Loans are made; made (which rate shall be calculated net of 0.175% per annum (such amount being the commitment fee rate payable pursuant to Section 2.11(a)) and the extension fee rate payable pursuant to Section 2.11(b), as applicable), provided that if any such Loan shall continue outstanding for more than five (5) Business Days, such Loan shall be deemed automatically converted into a Eurocurrency Loan held solely by such the Swingline Lender with consecutive Interest Periods of one-month’s duration.
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Foreign Currency Swingline Loans. Swingline Loans denominated in Foreign Currencies shall bear interest at a rate per annum agreed between the Borrower and the applicable relevant Swingline Lender at prior to the time the respective Swingline Loans are made; provided that if any such Loan shall continue outstanding for more than five (5) Business Days, such Loan shall be deemed automatically converted into a Eurocurrency Loan held solely by making of such Swingline Lender with consecutive Interest Periods of one-month’s durationLoan (and notified in writing to the Administrative Agent).
Appears in 1 contract
Samples: Senior Secured Revolving Credit Agreement (Apollo Investment Corp)
Foreign Currency Swingline Loans. Swingline Loans denominated in Foreign Currencies shall bear interest at a rate per annum agreed between the Borrower and the applicable Swingline Lender at the time the respective Swingline Loans are made; made (which rate shall be calculated net of 0.175% per annum (such amount being the commitment fee rate payable pursuant to Section 2.11(a))), provided that if any such Loan shall continue outstanding for more than five (5) Business Days, such Loan shall be deemed automatically converted into a Eurocurrency Loan held solely by such the Swingline Lender with consecutive Interest Periods of one-month’s duration.
Appears in 1 contract
Samples: Senior Secured Credit Agreement (BlackRock Kelso Capital CORP)
Foreign Currency Swingline Loans. Swingline Loans denominated in Foreign Currencies shall bear interest at a rate per annum agreed between the Borrower and the applicable Swingline Lender at the time the respective Swingline Loans are mademade (which rate shall be calculated net of 0.175% per annum (such amount being the commitment fee rate payable pursuant to Section 2.11(a))); provided that if any such Loan shall continue outstanding for more than five (5) Business Days, such Loan shall be deemed automatically converted into a Eurocurrency Loan held solely by such the Swingline Lender with consecutive Interest Periods of one-month’s 's duration.
Appears in 1 contract
Samples: Senior Secured Revolving Credit Agreement (BlackRock Kelso Capital CORP)
Foreign Currency Swingline Loans. Swingline Loans denominated in Foreign Currencies shall bear interest at a rate per annum agreed between the Borrower and the applicable Swingline Lender at the time the respective Swingline Loans are made; made (which rate shall be calculated net of the commitment fee rate payable pursuant to Section 2.11(a)), provided that if any such Loan shall continue outstanding for more than five (5) Business Days, such Loan shall be deemed automatically converted into a Eurocurrency Loan held solely by such the Swingline Lender with consecutive Interest Periods of one-month’s duration.
Appears in 1 contract
Samples: Senior Secured Revolving Credit Agreement (BlackRock Kelso Capital CORP)
Foreign Currency Swingline Loans. Swingline Loans denominated in Foreign Currencies shall bear interest at a rate per annum agreed between the Borrower and the applicable Swingline Lender at the time the respective Swingline Loans are made; provided that if any such Loan shall continue outstanding for more than five (5) Business Days, such Loan shall be deemed automatically converted into a Eurocurrency Loan held solely by such the Swingline Lender with consecutive Interest Periods of one-month’s duration.
Appears in 1 contract
Samples: Senior Secured Revolving Credit Agreement (Solar Capital Ltd.)