Common use of Interest for Account of Swing Line Lender Clause in Contracts

Interest for Account of Swing Line Lender. The Swing Line Lender shall be responsible for invoicing the US Borrower and the European Borrower, as applicable, for interest on the Swing Line Loans. Until each Revolving Credit Lender under its Base Rate Loan or Eurocurrency Rate Loan or risk participation pursuant to this Section 2.04 to refinance such Revolving Credit Lender’s Applicable Percentage of any Swing Line Loan, interest in respect of such Applicable Percentage of such Swing Line Loan shall be solely for the account of the Swing Line Lender.

Appears in 5 contracts

Samples: Credit Agreement (Colfax CORP), Credit Agreement (Colfax CORP), Credit Agreement (Colfax CORP)

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Interest for Account of Swing Line Lender. The Swing Line Lender shall be responsible for invoicing the US Revolving Borrower and the European Borrower, as applicable, for interest on the Swing Line Loans. Until each Revolving Credit Lender under funds its Base Eurodollar Rate Loan or Eurocurrency Rate Committed Loan or risk participation pursuant to this Section 2.04 to refinance such Revolving Credit Lender’s Applicable Percentage of any Swing Line Loan, interest in respect of such Applicable Percentage shall be solely for the account of such the Swing Line Lender. Interest in respect of any Bilateral Swing Line Loan shall be solely for the account of the Swing Line Lender.

Appears in 4 contracts

Samples: Credit Agreement (Carmax Inc), Credit Agreement (Carmax Inc), Credit Agreement (Carmax Inc)

Interest for Account of Swing Line Lender. The Swing Line Lender shall be responsible for invoicing the US Borrower and the European Borrower, as applicable, for interest on the Swing Line Loans. Until each Revolving Credit Lender under funds its Base Rate Loan or Eurocurrency Rate Loan or risk participation pursuant to this Section 2.04 to refinance such Revolving Credit Lender’s Applicable Revolving Credit Percentage of any Swing Line Loan, interest in respect of such Applicable Revolving Credit Percentage of such Swing Line Loan shall be solely for the account of the Swing Line Lender.

Appears in 2 contracts

Samples: Credit Agreement (Colfax CORP), Credit Agreement (Colfax CORP)

Interest for Account of Swing Line Lender. The Swing Line Lender shall be responsible for invoicing the US Borrower and Company (on behalf of the European applicable Specified Foreign Borrower, as if applicable, ) for interest on the Swing Line Loans. Until each Revolving Credit a Lender under funds its Base Rate Loan or or, Eurocurrency Rate Loan or Daily Simple RFR Loan, as applicable, or risk participation pursuant to this Section 2.04 to refinance such Revolving Credit Lender’s Applicable Percentage of any Swing Line Loan, interest in respect of such Lender’s Applicable Percentage of such Swing Line Loan shall be solely for the account of the Swing Line Lender.

Appears in 1 contract

Samples: Credit Agreement (Mohawk Industries Inc)

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Interest for Account of Swing Line Lender. The Swing Line Lender shall be responsible for invoicing the US Borrower and Company (on behalf of the European applicable Specified Foreign Borrower, as if applicable, ) for interest on the Swing Line Loans. Until each Revolving Credit a Lender under funds its Base Rate Loan or Eurocurrency Rate Loan Loan, as applicable, or risk participation pursuant to this Section 2.04 to refinance such Revolving Credit Lender’s Applicable Percentage of any Swing Line Loan, interest in respect of such Lender’s Applicable Percentage of such Swing Line Loan shall be solely for the account of the Swing Line Lender.

Appears in 1 contract

Samples: Credit Agreement (Mohawk Industries Inc)

Interest for Account of Swing Line Lender. The Swing Line Lender shall be responsible for invoicing the US Borrower and the European Borrower, as applicable, Borrowers for interest on the Swing Line Loans. Until each Revolving Credit Lender under funds its Base Eurodollar Rate Loan or Eurocurrency Rate Revolving Loan or risk participation pursuant to this Section 2.04 to refinance such Revolving Credit Lender’s Applicable Percentage of any Swing Line Loan, interest in respect of such Applicable Percentage of such Swing Line Loan shall be solely for the account of the Swing Line Lender.

Appears in 1 contract

Samples: Credit Agreement (Twin Disc Inc)

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