Common use of Swing Line Loan Commitments Clause in Contracts

Swing Line Loan Commitments. During the Revolving Commitment Period, subject to the terms and conditions hereof, the Swing Line Lender hereby agrees to make Swing Line Loans to the Borrower in the aggregate amount up to but not exceeding the Swing Line Sublimit; provided that after the making of any Swing Line Loan, the Total Utilization of Revolving Commitments shall not exceed the Revolving Commitments in effect at such time. Amounts borrowed pursuant to this Section 2.3 may be repaid and reborrowed during the Revolving Commitment Period. The Swing Line Lender’s Revolving Commitment shall expire on the Revolving Commitment Termination Date and all Swing Line Loans and all other amounts owed hereunder with respect to the Swing Line Loans and the Revolving Commitments shall be paid in full no later than such date.

Appears in 2 contracts

Samples: Credit and Guarantee Agreement (Telx Group, Inc.), Credit and Guarantee Agreement (Telx Group, Inc.)

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Swing Line Loan Commitments. During the Revolving Commitment Period, subject to the terms and conditions hereof, the Swing Line Lender hereby agrees shall, from time to time, make Swing Line Loans to the Borrower in the aggregate amount up to but not exceeding the Swing Line Sublimit; provided that after giving effect to the making of any Swing Line Loan, in no event shall the Total Utilization of Revolving Commitments shall not exceed the Revolving Commitments then in effect at such timeeffect. Amounts borrowed pursuant to this Section 2.3 may be repaid and reborrowed during the Revolving Commitment Period. The Swing Line Lender’s Revolving Commitment shall expire on the Revolving Commitment Termination Date and all Swing Line Loans and all other amounts owed hereunder with respect to the Swing Line Loans and the Revolving Commitments shall be paid in full no later than such date.

Appears in 1 contract

Samples: First Lien Credit and Guaranty Agreement (American Casino & Entertainment Properties LLC)

Swing Line Loan Commitments. During the Revolving Commitment Period, subject to the terms and conditions hereof, the Swing Line Lender hereby agrees to make Swing Line Loans to the Borrower Company in the aggregate amount up to but not exceeding the Swing Line Sublimit; provided that that, after giving effect to the making of any Swing Line Loan, in no event shall the Total Utilization of Revolving Commitments shall not exceed the Revolving Commitments then in effect at such timeeffect. Amounts borrowed pursuant to this Section 2.3 2.4 may be repaid and reborrowed during the Revolving Commitment Period. The Swing Line Lender’s 's Revolving Commitment shall expire on the Revolving Commitment Termination Date and all Swing Line Loans and all other amounts owed hereunder with respect to the Swing Line Loans and the Revolving Commitments shall be paid in full no later than such date.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Hm Publishing Corp)

Swing Line Loan Commitments. During the Revolving Commitment Period, subject to the terms and conditions hereof, the Swing Line Lender hereby agrees to make Swing Line Loans to the Borrower Borrowers in the aggregate amount up to but not exceeding the lesser of the Swing Line SublimitSublimit and the Available Credit; provided provided, that after giving effect to the making of any Swing Line Loan, in no event shall the Total Utilization of Revolving Commitments shall not exceed the Revolving Commitments then in effect at such timeeffect. Amounts borrowed pursuant to this Section 2.3 2.2(b) may be repaid and reborrowed during the Revolving Commitment Period. The Swing Line Lender’s Revolving Commitment shall expire on the Revolving Commitment Termination Date and all Swing Line Loans and all other amounts owed hereunder with respect to the Swing Line Loans and the Revolving Commitments shall be paid in full no later than such date.

Appears in 1 contract

Samples: Credit Agreement (Technical Olympic Usa Inc)

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Swing Line Loan Commitments. During the Revolving Commitment Period, subject Subject solely to the terms and conditions hereofset forth herein, the Swing Line Lender hereby agrees to shall make Swing Line Loans to the Borrower in Dollars in the aggregate amount up to but not exceeding the Swing Line Sublimit; provided provided, that after giving effect to the making of any Swing Line Loan, in no event shall the Total Utilization of Revolving Commitments shall not Outstandings exceed the Revolving Commitments then in effect at such timeeffect. Amounts borrowed pursuant to this Section 2.3 2.04 may be repaid and reborrowed during prior to the Revolving Commitment PeriodLoan Maturity Date. The Swing Line Lender’s Revolving Commitment shall expire on the Revolving Commitment Termination Loan Maturity Date and all Swing Line Loans and all other amounts owed hereunder with respect to the Swing Line Loans and the Revolving Commitments shall be paid in full no later than such date.

Appears in 1 contract

Samples: Credit Agreement (Coherent Inc)

Swing Line Loan Commitments. During the Revolving Commitment Period, subject to the terms and conditions hereof, the Swing Line Lender hereby agrees to make Swing Line Loans to the Borrower Company in the aggregate amount up to but not exceeding the Swing Line Sublimit; provided that that, after giving effect to the making of any Swing Line Loan, in no event shall the Total Utilization of Revolving Commitments shall not exceed the Revolving Commitments then in effect at such timeeffect. Amounts borrowed pursuant to this Section 2.3 2.4 may be repaid and reborrowed during the Revolving Commitment Period. The Swing Line Lender’s Revolving Commitment shall expire on the Revolving Commitment Termination Date and all Swing Line Loans and all other amounts owed hereunder with respect to the Swing Line Loans and the Revolving Commitments shall be paid in full no later than such date.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Houghton Mifflin Co)

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