Common use of Refunding of Swing Line Loans Clause in Contracts

Refunding of Swing Line Loans. Upon demand by First Union, ----------------------------- Swing Line Loans shall be refunded or participations therein acquired, as applicable, in accordance with the following provisions. Such refunding or acquisition will occur no later than 4:00 p.m. (Charlotte, North Carolina time) on the day of such demand if made before 2:00 p.m. (Charlotte, North Carolina time) and no later than 12:00 noon (Charlotte, North Carolina time) on the next succeeding Business Day if demand therefor is made after 2:00 p.m. (Charlotte, North Carolina time).

Refunding of Swing Line Loans. Upon demand by First Union, ----------------------------- Swing Line Loans shall be refunded or participations therein acquired, as applicable, in accordance with the following provisions. Such refunding or acquisition will occur no later than 4:00 p.m. (Charlotte, North Carolina time) on the day of such demand if made before 2:00 p.m. (CharlotteChar- lotte, North Carolina time) and no later than 12:00 noon (Charlotte, North Carolina time) on the next succeeding Business Day if demand therefor is made after 2:00 p.m. (Charlotte, North Carolina time).

Refunding of Swing Line Loans. Upon demand by First Union(1) Prior to the occurrence of an Event of Default or Potential Default, ----------------------------- Swing Line Loans shall be refunded or participations therein acquired, as applicable, in accordance with by the following provisions. Such refunding or acquisition will occur Lenders on a weekly basis no later than 4:00 p.m. (Charlotte, North Carolina time) on each Tuesday (or if not a Business Day, the day next Business Day). First Union will provide written notice of such demand if made before all amounts owed by the Lenders by 2:00 p.m. (Charlotte, North Carolina time) and no later than 12:00 noon (Charlotte, North Carolina time) on the next succeeding Business Day if demand therefor day such refunding is to occur. Such refundings shall be made after 2:00 p.m. (Charlotte, North Carolina time).by the