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 4 contracts

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

AutoNDA by SimpleDocs

Interest for Account of Swingline Lender. The Swingline Lender shall be responsible for invoicing the Borrowers for interest on the Swingline AdvancesLoans. Until each Lender funds its Base Rate Advance Revolving Credit Loan or risk participation pursuant to this Section to refinance such Lender’s Pro Rata Share of any Swingline Advance2.13, interest in respect of such Lender’s Pro Rata Share share of the applicable Swingline Loans shall be solely for the account of the Swingline Lender.

Appears in 2 contracts

Samples: Credit Agreement (Black Box Corp), Credit Agreement (Norstan Inc)

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: Intellectual Property Security Agreement (Lmi Aerospace Inc), Collateral Agreement (Lmi Aerospace Inc)

Interest for Account of Swingline Lender. The Swingline Lender shall be responsible for invoicing the Borrowers Adtalem for interest on the Swingline AdvancesLoans. Until each Revolving Lender funds its Base Rate Advance Revolving Loan or risk participation pursuant to this Section 2.4 to refinance such Revolving 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 1 contract

Samples: Credit Agreement (Adtalem Global Education Inc.)

AutoNDA by SimpleDocs

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 Lender funds its Base Rate Advance Revolving Credit Loan or risk participation pursuant to this Section to refinance such Lender’s Pro Rata Share of any Swingline Advance2.13, interest in respect of such Lender's Pro Rata Share share of the applicable Swingline Loans shall be solely for the account of the Swingline Lender.

Appears in 1 contract

Samples: Credit Agreement (Black Box Corp)

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 Lender funds its Base Rate Advance Revolving Credit Loan or risk participation pursuant to this Section to refinance such Lender’s Pro Rata Share of any Swingline Advance2.05, interest in respect of such Lender's Pro Rata Share share of the applicable Swingline Loans shall be solely for the account of the Swingline Lender.

Appears in 1 contract

Samples: Credit Agreement (Black Box Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.