Common use of Procedure for Swing Line Borrowing Clause in Contracts

Procedure for Swing Line Borrowing. (a) Any Specified Borrower may borrow Swing Line Loans during the Commitment Period on any Business Day by giving a Notice of Swing Line Borrowing in respect of such Swing Line Loan. Subject to the terms and conditions hereof, on the Borrowing Date of each Swing Line Loan, the relevant Swing Line Bank shall make the proceeds thereof available to the relevant Specified Borrower in 2005 Arrow Electronics Credit Agreement immediately available funds in the applicable Currency in the manner from time to time agreed by such Specified Borrower and such Swing Line Bank.

Appears in 1 contract

Samples: Arrow Electronics Inc

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Procedure for Swing Line Borrowing. (a) Any Specified Borrower may borrow Swing Line Loans during the Commitment Period on any Business Day by giving a Notice of Swing Line Borrowing in respect of such Swing Line Loan. Subject to the terms and conditions hereof, on the Borrowing Date of each Swing Line Loan, the relevant Swing Line Bank shall make the proceeds thereof available to the relevant Specified Borrower in 2005 Arrow Electronics Credit Agreement immediately available funds in the applicable Currency in the manner from time to time agreed by such Specified Borrower and such Swing Line Bank.

Appears in 1 contract

Samples: Credit Agreement (Arrow Electronics Inc)

Procedure for Swing Line Borrowing. (a) Any Specified Borrower may borrow Swing Line Loans during the Commitment Period on any Business Day by giving a Notice of Swing Line Borrowing in respect of such Swing Line Loan. Subject to the terms and conditions hereof, on the Borrowing Date of each Swing Line Loan, the relevant Swing Line Bank shall make the proceeds thereof available to the relevant Specified Borrower in 2005 Arrow Electronics Credit Agreement immediately available funds in the applicable Currency in the manner from time to time agreed by such Specified Borrower and such Swing Line Bank.

Appears in 1 contract

Samples: Arrow Electronics Inc

Procedure for Swing Line Borrowing. (a) Any Specified Borrower may borrow Swing Line Loans during the Commitment Period on any Business Day by giving a Notice of Swing Line Borrowing in respect of such Swing Line Loan. Subject to the terms and conditions hereof, on the Borrowing Date of each Swing Line Loan, the relevant Swing Line Bank shall make the proceeds thereof available to the relevant Specified Borrower in 2005 Arrow Electronics Credit Agreement immediately available funds in the applicable Currency in the manner from time to time agreed by such Specified Borrower and such Swing Line Bank.

Appears in 1 contract

Samples: Credit Agreement (Arrow Electronics Inc)

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Procedure for Swing Line Borrowing. (a) Any Specified Borrower may borrow Swing Line Loans during the Revolving Commitment Period on any Business Day by giving a Notice of Swing Line Borrowing in respect of such Swing Line Loan. Subject to the terms and conditions hereof, on the Borrowing Date of each Swing Line Loan, the relevant Swing Line Bank shall make the proceeds thereof available to the relevant Specified Borrower in 2005 Arrow Electronics Credit Agreement immediately available funds in the applicable Currency in the manner from time to time agreed by such Specified Borrower and such Swing Line Bank.

Appears in 1 contract

Samples: Credit Agreement (Arrow Electronics Inc)

Procedure for Swing Line Borrowing. (a) Any Specified Borrower The Company may borrow a Swing Line Loans Loan during the Commitment Period on any Business Day by giving a Notice of Swing Line Borrowing in respect of such Swing Line LoanLoan to the Agent not later than 12:00 noon (New York time) on the day such Swing Line Loan is to be made. Subject to the terms and conditions hereof, on the Borrowing Date of each Swing Line Loan, the relevant Swing Line Bank shall make the proceeds thereof available to the relevant Specified Borrower Company in 2005 Arrow Electronics Credit Agreement immediately available funds in the applicable Currency Dollars in the manner from time to time agreed by such Specified Borrower the Company and such the Swing Line Bank.

Appears in 1 contract

Samples: Credit Agreement (Owens Corning)

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