Common use of Interest for Account of Swingline Bank Clause in Contracts

Interest for Account of Swingline Bank. The Swingline Bank shall be responsible for invoicing the U.S. Borrowers for interest on the Swingline Loans. Until each Revolving Bank funds its Revolving Loans that are Base Rate Loans or risk participation pursuant to this Section 2.7 to refinance such Revolving Bank’s Revolving Commitment Percentage of any Swingline Loan, interest in respect of such Revolving Commitment Percentage shall be solely for the account of the Swingline Bank.

Interest for Account of Swingline Bank. The Swingline Bank shall be responsible for invoicing the U.S. Borrowers for interest on the Swingline Loans. Until each Revolving Bank funds its Revolving Loans that are Base Rate Loans or risk participation pursuant to this Section 2.7 to refinance such Revolving Bank’s Revolving Commitment Percentage of any Swingline Loan, interest in respect of such Revolving Commitment Percentage shall be solely for the account of the Swingline Bank.