Common use of Swing Line Commitments Clause in Contracts

Swing Line Commitments. Subject to the terms and conditions hereof and relying upon the agreements of the Lenders set forth in this Section 2.19, the Swing Line Lender shall make Swing Line Loans to each Borrower at any time or from time to time after the date hereof to, but not including, the Maturity Date for the Revolving Credit Facility; provided, that after giving effect to any such Swing Line Loan, (i) the aggregate amount of Swing Line Loans shall not exceed the Swing Line Commitment, and (ii) the aggregate Revolving Credit Exposure shall not exceed the Revolving Commitments. Each request by the Borrower for a Swing Line Loan shall be deemed to be a representation by the Borrower that it shall be in compliance with the proviso at the end of the preceding sentence and with Section 3.02 after giving effect to the requested Swing Line Loan. Within such limits of time and amount and subject to the other provisions of this Agreement, each Borrower may borrow, repay and reborrow Swing Line Loans in accordance with to this Section 2.

Appears in 4 contracts

Samples: Incremental Term Loan Agreement and Amendment to Guarantee Agreement (Rayonier, L.P.), Credit Agreement (Rayonier Inc), Credit Agreement (Rayonier Inc)

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Swing Line Commitments. Subject to the terms and conditions hereof and relying upon the agreements of the Revolving Lenders set forth in this Section 2.192.3, the Swing Line Lender shall make Swing Line Loans to each the Borrower at any time or from time to time after the date hereof Closing Date to, but not including, the Maturity Date for with respect to the Revolving Credit Facility; provided, that after giving effect to any such Swing Line Loan, (i) the aggregate amount of Swing Line Loans shall not exceed the Swing Line Commitment, Commitment and (ii) the aggregate Revolving Credit Exposure Facility Usage shall not exceed the Revolving Commitments. Each request by the Borrower for a Swing Line Loan shall be deemed to be a representation by the Borrower that it shall be is in compliance with the proviso at the end of the preceding sentence and with Section 3.02 4.3 after giving effect to the requested Swing Line Loan. Within such limits of time and amount and subject to the other provisions of this Agreement, each the Borrower may borrow, repay and reborrow Swing Line Loans in accordance with to this Section 2.

Appears in 1 contract

Samples: Credit Agreement (Hawaiian Telcom Holdco, Inc.)

Swing Line Commitments. Subject to the terms and conditions hereof and relying relying(a) upon the agreements of the Revolving Lenders set forth in this Section 2.192.3, the Swing Line Lender shall make Swing Line Loans to each the Borrower at any time or from time to time after the date hereof Closing Date to, but not including, the Maturity Date for with respect to the Revolving Credit Facility; provided, that after giving effect to any such Swing Line Loan, (i) the aggregate amount of Swing Line Loans shall not exceed the Swing Line Commitment, Commitment and (ii) the aggregate Revolving Credit Exposure Facility Usage shall not exceed the Revolving Commitments. Each request by the Borrower for a Swing Line Loan shall be deemed to be a representation by the Borrower that it shall be is in compliance with the proviso at the end of the preceding sentence and with Section 3.02 4.2 after giving effect to the requested Swing Line Loan. Within such limits of time and amount and subject to the other provisions of this Agreement, each the Borrower may borrow, repay and reborrow Swing Line Loans in accordance with to this Section 2.

Appears in 1 contract

Samples: Credit Agreement (Shenandoah Telecommunications Co/Va/)

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Swing Line Commitments. Subject to the terms and conditions hereof and relying upon the agreements of the Revolving A-1 Loan Lenders set forth in this Section 2.192.3, the Swing Line Lender shall make Swing Line Loans to each the Borrower at any time or from time to time after the date hereof Closing Date to, but not including, the Maturity Date for with respect to the Revolving A-1 Credit Facility; providedprovided that, that after giving effect to any such Swing Line Loan, (i) the aggregate amount of Swing Line Loans shall not exceed the Swing Line Commitment, and (ii) the aggregate Revolving A-1 Credit Exposure Facility Usage shall not exceed the Revolving A-1 Commitments. Each request by the Borrower for a Swing Line Loan shall be deemed to be a representation by the Borrower that it shall be is in compliance with the proviso at the end of the preceding sentence and with Section 3.02 Article IV after giving effect to the requested Swing Line Loan. Within such limits of time and amount and subject to the other provisions of this Agreement, each the Borrower may borrow, repay and reborrow Swing Line Loans in accordance with to this Section 2.

Appears in 1 contract

Samples: Joinder, Consent, First Amendment and Reaffirmation Agreement (ATN International, Inc.)

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