Interest for Account of Swing Line Lender. The Swing Line Lender shall be responsible for invoicing the Borrowers for interest on the Swing Line Loans on the first Business Day of each month and the Maturity Date. Until each Lender funds its Base Rate Loan or risk participation pursuant to this Section 2.04 to refinance such Lender’s Applicable Percentage of any Swing Line Loan, interest in respect of such Applicable Percentage shall be solely for the account of the Swing Line Lender.
Appears in 4 contracts
Samples: Asset Based Revolving Credit Agreement (Albertsons Companies, Inc.), Asset Based Revolving Credit Agreement (Safeway Stores 42, Inc.), Asset Based Revolving Credit Agreement (Albertsons Companies, Inc.)
Interest for Account of Swing Line Lender. The Swing Line Lender shall be responsible for invoicing the Borrowers Borrower for interest on the Swing Line Loans on the first Business Day following the end of each month and the Maturity Datecalendar month. Until each Lender funds its Base Rate Revolving Loan or risk participation Participation Interest pursuant to this Section 2.04 2.7 to refinance such Lender’s Applicable Percentage Pro Rata Share of any Swing Line Loan, interest in respect of such Applicable Percentage Pro Rata Share shall be solely for the account of the Swing Line Lender.
Appears in 4 contracts
Samples: Credit Agreement (Public Service Co of New Mexico), Credit Agreement (Public Service Co of New Mexico), And Restatement of Credit Agreement (Public Service Co of New Mexico)
Interest for Account of Swing Line Lender. The Swing Line Lender shall be responsible for invoicing the Borrowers for interest on the Swing Line Loans on the first Business Day of each month and the Maturity Date. Until each Revolving Lender funds its Base Rate Loan or risk participation pursuant to this Section 2.04 to refinance such Lender’s Applicable Percentage of any Swing Line Loan, interest in respect of such Applicable Percentage shall be solely for the account of the Swing Line Lender.
Appears in 2 contracts
Samples: Asset Based Revolving Credit Agreement (Albertsons Companies, Inc.), Asset Based Revolving Credit Agreement (Albertsons Companies, Inc.)
Interest for Account of Swing Line Lender. The Swing Line Lender shall be responsible for invoicing the Borrowers Borrower for interest on the Swing Line Loans on the first Business Day after the end of each month and the Maturity Datecalendar month. Until each Lender funds its Base Rate Revolving Loan or risk participation Participation Interest pursuant to this Section 2.04 2.9 to refinance such Lender’s Applicable Percentage Pro Rata Share of any Swing Line Loan, interest in respect of such Applicable Percentage Pro Rata Share shall be solely for the account of the Swing Line Lender.
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