Common use of Obligation to Make Swingline Advances Clause in Contracts

Obligation to Make Swingline Advances. Each Swingline Lender severally agrees, on the terms and conditions hereinafter set forth, to make Swingline Advances to any Borrower from time to time on any Business Day during the period from the Effective Date until the Termination Date in an aggregate amount outstanding not to exceed at any time such Swingline Lender’s Swingline Commitment.