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

Interest for Account of Swing Line Lenders. The applicable Swing Line Agent shall be responsible for invoicing the applicable Borrower for interest on the Swing Line Loans. Until each Lender funds its Base Rate Committed Loan or risk participation pursuant to this Section 2.16 to refinance such Lender’s ratable share of any Swing Line Loan, interest in respect of such ratable share shall be solely for the account of the respective Swing Line Lenders.

Appears in 36 contracts

Samples: Credit Agreement (Toyota Motor Credit Corp), 364 Day Credit Agreement (Toyota Motor Credit Corp), Credit Agreement (Toyota Motor Credit Corp)

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Interest for Account of Swing Line Lenders. The applicable Swing Line Agent shall be responsible for invoicing the applicable Borrower for interest on the Swing Line Loans. Until each Lender funds its Base Rate Committed Loan or risk participation pursuant to this Section 2.16 to refinance such Lender’s ratable share of any Swing Line Loan, interest in respect of such ratable share shall be solely for the account of the respective Swing Line Lenders.

Appears in 2 contracts

Samples: Credit Agreement (Toyota Motor Credit Corp), 364 Day Credit Agreement (Toyota Motor Credit Corp)

Interest for Account of Swing Line Lenders. The applicable Swing Line Administrative Agent shall be responsible for invoicing invoice the applicable Borrower Borrowers for interest on the all Swing Line Loans. Until each Revolving Lender funds its Base Rate Committed Revolving Loan or risk participation pursuant to this Section 2.16 2.04 to refinance such Revolving Lender’s ratable share Applicable Percentage of any Swing Line Loan, interest in respect of such ratable share Applicable Percentage shall be solely for the account of the respective Swing Line Lenders.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Ventas Inc)

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Interest for Account of Swing Line Lenders. The applicable Swing Line Agent shall be responsible for invoicing the applicable Borrower for interest on the Swing Line Loans. Loans Until each Lender funds its Base Rate Committed Loan or risk participation pursuant to this Section 2.16 to refinance such Lender’s ratable share of any Swing Line Loan, interest in respect of such ratable share shall be solely for the account of the respective Swing Line Lenders.

Appears in 1 contract

Samples: Credit Agreement (Toyota Motor Credit Corp)

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