Procedure for Swingline Borrowing Sample Clauses

Procedure for Swingline Borrowing. (a) The Swingline Lender agrees to make Swingline Loans to the Company from time to time in accordance with the treasury and cash management services and products provided to the Company by the Swingline Lender (the “Cash Management Swingline Loans”). For other Swingline Loans, the Company, on behalf of the Borrowers, shall give the Administrative Agent a Notice of Borrowing with respect to each Swingline Loan prior to 10:00 a.m. (Eastern time) on the requested date of each Swingline Borrowing. Each Notice of Borrowing under this Section shall be irrevocable and shall specify: (i) the principal amount of such Swingline Loan, (ii) the date of such Swingline Loan (which shall be a Business Day), (iii) the Type of such Swingline Loan and (iv) the account of the Company to which the proceeds of such Swingline Loan should be credited. The Administrative Agent will promptly advise the Swingline Lender of each such request and the details thereof. Each Cash Management Swingline Loan shall be made initially as an Index Rate Loan, and each other Swingline Loan shall be made as a Base Rate Loan or an Index Rate Loan. The Swingline Lender will make the proceeds of each Swingline Loan available to the Borrowers in Dollars in immediately available funds at the account specified by the Company in the applicable request not later than 1:00 p.m. (Eastern time) on the requested date of such Swingline Loan. The Administrative Agent will notify the Lenders on a quarterly basis if any Swingline Loans occurred during such quarter. (b) The Swingline Lender, at any time and from time to time in its sole discretion, may, on behalf of the Borrowers (which hereby irrevocably authorizes and directs the Swingline Lender to act on its behalf), give a Notice of Borrowing with respect to Revolving Loans to the Administrative Agent and the Company requesting the Revolving Credit Lenders (including the Swingline Lender) to make Base Rate Loans in an amount equal to the unpaid principal amount of any Swingline Loan. Each Revolving Credit Lender will make the proceeds of its Base Rate Loan included in such Borrowing available to the Administrative Agent for the account of the Swingline Lender in accordance with Section 2.9, which will be used solely for the repayment of such Swingline Loan. (c) If for any reason a Base Rate Borrowing may not be (as determined in the sole discretion of the Administrative Agent), or is not, made in accordance with the foregoing provisions, then such Swingline...
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Procedure for Swingline Borrowing. Refunding of Swingline Loans 3541
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Procedure for Swingline Borrowing. Whenever DW Animation desires that the Swingline Lender make Swingline Loans under Section 2.3 it shall give the Swingline Lender irrevocable telephonic notice confirmed promptly in writing (which telephonic notice must be received by the Swingline Lender not later than 3:00 P.M., New York City time, on the proposed Borrowing Date), specifying (a) the amount to be borrowed and (b) the requested Borrowing Date. Each borrowing under the Swingline Commitment shall be in an amount equal to $500,000 or a whole multiple of $100,000 in excess thereof. Not later than 5:00 P.M., New York City time, on the Borrowing Date specified in a notice in respect of Swingline Loans, the Swingline Lender shall make available to the Administrative Agent for the account of DW Animation at the office of the Administrative Agent specified in Section 10.2 an amount in immediately available funds equal to the amount of the Swingline Loan to be made by the Swingline Lender. The proceeds of such Swingline Loan will then be made available to DW Animation on such Borrowing Date by the Administrative Agent crediting the account of DW Animation on the books of such office with the aggregate of the amounts made available to the Administrative Agent by the Swingline Lender and in like funds as received by the Administrative Agent.
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Procedure for Swingline Borrowing. Refunding of Swingline Loans 47 2.8 Commitment Fees, etc 49 2.9 Termination or Reduction of Revolving Commitments 49 2.10 Optional Prepayments 49 2.11 Mandatory Prepayments 49 2.12 Conversion and Continuation Options 50 2.13 Limitations on Eurodollar TranchesTerm SOFRTranches 50 2.14 Interest Rates and Payment Dates 51 2.15 Computation of Interest and Fees 51 2.16 Inability to Determine Interest RateRates; Illegality 52
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Procedure for Swingline Borrowing. (i) Subject to the other terms hereof, Borrowers may request a Swingline Loan on any Business Day prior to the Swingline Subfacility Expiration Date by delivering to the Agent Standard Notice in the form described in Section 2.01(d) hereof. All requests for a Swingline Loan must be received by Agent prior to 2:00 P.M. (Philadelphia time) on the requested date of the Loan, and the Agent will make the funds so received immediately available to the Borrowers at such Office. (ii) Each Swingline Loan (including all interest accrued thereon) shall mature and be payable on the Revolving Credit Expiration Date. The Borrowers may at any time and from time to time, prepay the Swingline Loans, in whole or in part, without premium or penalty, by notifying (which notice may be given by telephone (to be promptly confirmed in writing, including by facsimile)) Agent prior to 12:00 P.M., Philadelphia time, on any Business Day of the date and amount of prepayment. If any such notice is given, the amount specified in such notice shall be due and payable on the date specified therein.
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Procedure for Swingline Borrowing. 19 2.06 Increase and Extension of Commitments.....................21 2.07 Ratable Reduction or Termination of Commitment............
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Procedure for Swingline Borrowing. Refunding of Swingline Loans 35 2.8 Commitment Fees, etc. 37 2.9 Termination or Reduction of Revolving Commitments 37 2.10 Optional Prepayments 37 2.11 Mandatory Prepayments and Commitment Reductions 38 2.12 Conversion and Continuation Options 39 2.13 Limitations on Eurodollar Tranches 40 2.14 Interest Rates and Payment Dates 40 2.15 Computation of Interest and Fees 41 2.16 Inability to Determine Interest Rate 41 2.17 Pro Rata Treatment and Payments 42 2.18 Requirements of Law 43 2.19 Taxes 45 2.20 Indemnity 47 2.21 Change of Lending Office 48 2.22 Replacement of Lenders 48 2.23 Defaulting Lenders 48 2.24 Eurodollar Replacement Rate 50 Section 3. RESERVED 51 Section 4. REPRESENTATIONS AND WARRANTIES 51 4.1 Financial Condition 51 4.2 No Change 52 4.3 Existence; Compliance with Law 52 4.4 Power; Authorization; Enforceable Obligations 52 4.5 No Legal Bar 53 4.6 Litigation 53 4.7 No Default 53
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Procedure for Swingline Borrowing. Subject to the other terms hereof, Borrower may request a Swingline Loan on any Business Day during the Contract Period by delivering to the officer designated by Agent such request and back-up documentation as Agent may from time to time require. Subject to the terms and conditions of this Agreement, Agent may make the proceeds of each Swingline Loan available to Borrower by crediting or transferring, as the case may be, such proceeds to Borrower's operating account with Agent. Each request for a Swingline Loan shall be conclusively presumed to be made by a Person authorized by Borrower to do so. However, Agent may require that specified officers of Borrower sign, make or confirm any such request.
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