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

Interest for Account of Swingline Lender. The Swingline Lender shall be responsible for invoicing the Borrowers for interest on the Swingline Advances. Until each Lender funds its Base Rate Advance or risk participation pursuant to this Section to refinance such Lender’s Pro Rata Share of any Swingline Advance, interest in respect of such Pro Rata Share shall be solely for the account of the Swingline Lender.

Appears in 5 contracts

Samples: Credit Agreement (Scholastic Corp), Credit Agreement (Scholastic Corp), Credit Agreement (Scholastic Corp)

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Interest for Account of Swingline Lender. The Swingline Lender shall be responsible for invoicing the Borrowers Borrower for interest on the Swingline Advances. Until each Lender funds its Base Rate Advance Advances or risk participation pursuant to this Section to refinance such Lender’s Pro Rata Share Applicable Percentage of any the applicable Swingline AdvanceAdvances, interest in respect of such Pro Rata Share Applicable Percentage shall be solely for the account of the Swingline Lender.

Appears in 4 contracts

Samples: Credit Agreement (Helmerich & Payne, Inc.), Credit Agreement (Helmerich & Payne Inc), Credit Agreement (Rowan Companies Inc)

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Interest for Account of Swingline Lender. The Swingline Lender shall be responsible for invoicing the Borrowers Borrower for interest on the Swingline AdvancesLoans. Until each Revolving Lender funds its Base Rate Advance ABR Loan or risk participation pursuant to this Section 2.04 to refinance such Lender’s Pro Rata Share of any Swingline AdvanceLoan, interest in respect of such Pro Rata Share shall be solely for the account of the Swingline Lender.

Appears in 2 contracts

Samples: Credit Agreement (Lmi Aerospace Inc), Credit Agreement (Lmi Aerospace Inc)

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