Common use of Swing Line Loans Commitments Clause in Contracts

Swing Line Loans Commitments. During the Revolving Credit Commitment Period, subject to the terms and conditions hereof, each Swing Line Lender hereby severally agrees to make Swing Line Loans to the Borrower; provided that after giving effect to the making of any Swing Line Loan, in no event will (i) the Swing Line Loan Outstandings exceed the Swing Line Sublimit then in effect, (ii) the Revolving Credit Exposure exceed the Revolving Credit Limit, (iii) the aggregate principal amount of outstanding Swing Line Loans made by such Swing Line Lender exceed such Swing Line Lender’s Commitment or (iv) such Swing Line Lender’s Revolving Credit Exposure exceed its Revolving Credit Commitment. Amounts borrowed pursuant to this Section 2.3 may be repaid and reborrowed during the Revolving Credit Commitment Period. The Borrower hereby unconditionally promises to pay the unpaid principal amount of each Swing Line Loan on the earlier of the Revolving Credit Commitment Termination Date and the first date after such Swing Line Loan is made that is the fifteenth (15th) or last day of a calendar month (or, if such date is not a Business Day, on the next succeeding Business Day) and is at least five (5) Business Days after such Swing Line Loan is made; provided that, on each date that a Revolving Loan is made, the Borrower will repay all Swing Line Loans that were outstanding on the date such Loan was requested to be made. Each Swing Line Lender’s Revolving Credit Commitment will expire on the Revolving Credit Commitment Termination Date and all Swing Line Loans and all other amounts owed hereunder with respect to the Swing Line Loans and the Revolving Credit Commitments will be paid in full no later than such date.

Swing Line Loans Commitments. During the Revolving Credit Commitment Period, subject to the terms and conditions hereof, each the Swing Line Lender hereby severally agrees to may, in its sole discretion, make Swing Line Loans to the Borrower, in Dollars, 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 will (iw) the Swing Line Loan Outstandings Total Utilization of Revolving Commitments shall not exceed the Swing Line Sublimit Revolving Commitments then in effect, (ii) the Revolving Credit Exposure exceed the Revolving Credit Limit, (iiix) the aggregate principal amount Outstanding Amount of outstanding the Revolving Loans and Swing Line Loans of any Lender, plus such Lender’s Pro Rata Share of the Outstanding Amount of L/C Obligations, shall not exceed such Lender’s Revolving Commitment then in effect, (y) the Outstanding Amount of Swing Line Loans shall not exceed the Swing Line Sublimit, and (z) the aggregate Outstanding Amount of Revolving Loans and Swing Line Loans made by such the Swing Line Lender exceed Lender, plus the aggregate Outstanding Amount of all Letters of Credit issued by such Swing Line Lender, plus the Swing Line Lender’s Commitment or (iv) such Pro Rata Share of the Outstanding Amount of L/C Obligations issued by L/C Issuers other than the Swing Line Lender shall not exceed the Swing Line Lender’s Revolving Credit Exposure exceed its Revolving Credit CommitmentCommitment at such time. Amounts borrowed pursuant to this Section 2.3 2.23 may be repaid and reborrowed during the Revolving Credit Commitment Period. The Borrower hereby unconditionally promises to pay the unpaid principal amount of each Swing Line Loan on the earlier of the Revolving Credit Commitment Termination Date and the first date after such Swing Line Loan is made that is the fifteenth (15th) or last day of a calendar month (or, if such date is not a Business Day, on the next succeeding Business Day) and is at least five (5) Business Days after such Swing Line Loan is made; provided that, on each date that a Revolving Loan is made, the Borrower will repay all Swing Line Loans that were outstanding on the date such Loan was requested to be made. Each Swing Line Lender’s Revolving Credit Commitment will to make Swing Line Loans shall expire on the latest Revolving Credit Commitment Termination Date and all Swing Line Loans and all other amounts owed hereunder with respect to the Swing Line Loans and the Revolving Credit Commitments will shall be paid in full no later than such date. Within the foregoing limits, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.23, prepay under Section 2.12, and reborrow under this Section 2.23.

Swing Line Loans Commitments. During the Revolving Credit Commitment Period, subject to the terms and conditions hereof, each the Swing Line Lender hereby severally agrees to make Swing Line Loans to the BorrowerBorrower from time to time in an 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 will shall the Total Utilization of Revolving Commitments exceed the lesser of (i) the Swing Line Loan Outstandings exceed the Swing Line Sublimit Total Commitment then in effect, effect and (ii) the Revolving Credit Exposure exceed the Revolving Credit Limit, (iii) the aggregate principal amount of outstanding Aggregate Borrowing Base then in effect. Swing Line Loans made by such Swing Line Lender exceed such Swing Line Lender’s Commitment or (iv) such Swing Line Lender’s Revolving Credit Exposure exceed its Revolving Credit Commitmentshall be incurred and maintained as Base Rate Loans. Amounts borrowed pursuant to this Section 2.3 2.2 may be repaid and, subject to the terms and conditions of this Agreement, reborrowed during the Revolving Credit Commitment Period. The Borrower hereby unconditionally promises to pay the unpaid principal amount of each Swing Line Loan on the earlier of the Revolving Credit Commitment Termination Date and the first date after such Swing Line Loan is made that is the fifteenth (15th) or last day of a calendar month (or, if such date is not a Business Day, on the next succeeding Business Day) and is at least five (5) Business Days after such Swing Line Loan is made; provided that, on each date that a Revolving Loan is made, the Borrower will repay all Swing Line Loans that were outstanding on the date such Loan was requested to be made. Each Swing Line Lender’s Revolving Credit Commitment will obligation to make Swing Line Loans hereunder shall expire on the Revolving Credit Commitment Termination Date and all Swing Line Loans and all other amounts owed hereunder with respect to the Swing Line Loans and the Revolving Credit Commitments will shall be paid in full no later than such date; provided, that, if on the occurrence of the Initial Revolving Commitment Termination Date (after giving effect to any repayments of Revolving Loans and any reallocation of Letter of Credit participations as contemplated in Section 2.3(i)), there shall exist sufficient unutilized Extended Commitments so that the respective outstanding Swing Line Loans could be incurred pursuant the Extended Commitments, which will remain in effect after the occurrence of the Initial Revolving Commitment Termination Date, then there shall be an automatic adjustment on such date of the participations in such Swing Line Loans and same shall be deemed to have been incurred solely pursuant to the Extended Commitments, and such Swing Line Loans shall not be so required to be repaid in full on the Initial Revolving Commitment Termination Date.

Swing Line Loans Commitments. During Prior to the Revolving Credit Commitment PeriodMaturity Date, subject to the terms and conditions hereof, each the Swing Line Lender hereby severally agrees to may, in its sole discretion, make Swing Line Loans to the BorrowerBorrowers, in Dollars; provided that that, after giving effect to the making of any Swing Line Loan, in no event will (iv) the Swing Line Loan Outstandings Total Utilization of Revolving Commitments shall not exceed the Swing Line Sublimit Revolving Commitments then in effect, (iiw) the Total Utilization of Revolving Credit Exposure Commitments shall not exceed the Revolving Credit LimitBorrowing Base at such time (based on the Borrowing Base Certificate last delivered), (iiix) the aggregate principal amount Outstanding Amount of outstanding the Revolving Loans and Swing Line Loans of any Lender, plus such Lender’s Pro Rata Share of the Outstanding Amount of L/C Obligations, shall not exceed such Lender’s Revolving Commitment then in effect and (y) the aggregate Outstanding Amount of Revolving Loans and Swing Line Loans made by such the Swing Line Lender exceed Lender, plus the aggregate Outstanding Amount of all Letters of Credit issued by such Swing Line Lender, plus the Swing Line Lender’s Commitment or (iv) such Pro Rata Share of the Outstanding Amount of L/C Obligations issued by L/C Issuers other than the Swing Line Lender shall not exceed the Swing Line Lender’s Revolving Credit Exposure exceed its Revolving Credit CommitmentCommitment at such time. Amounts borrowed pursuant to this Section 2.3 2.23 may be repaid and reborrowed during until the Revolving Credit Commitment PeriodMaturity Date. The Borrower hereby unconditionally promises to pay the unpaid principal amount of each Swing Line Loan on the earlier of the Revolving Credit Commitment Termination Date and the first date after such Swing Line Loan is made that is the fifteenth (15th) or last day of a calendar month (or, if such date is not a Business Day, on the next succeeding Business Day) and is at least five (5) Business Days after such Swing Line Loan is made; provided that, on each date that a Revolving Loan is made, the Borrower will repay all Swing Line Loans that were outstanding on the date such Loan was requested to be made. Each Swing Line Lender’s Revolving Credit Commitment will to make Swing Line Loans shall expire on the Revolving Credit Commitment Termination Maturity Date and all Swing Line Loans and all other amounts owed hereunder with respect to the Swing Line Loans and the Revolving Credit Commitments will shall be paid in full no later than such date. Within the foregoing limits, and subject to the other terms and conditions hereof, the Borrowers may borrow under this Section 2.23, prepay under Section 2.12, and reborrow under this Section 2.23.

Swing Line Loans Commitments. During the Revolving Credit Commitment Period, subject to the terms and conditions hereof, each the Swing Line Lender hereby severally agrees to make Swing Line Loans to the BorrowerCompany in Dollars; provided that after giving effect to the making of any Swing Line Loan, in no event will (i) the Swing Line Loan Outstandings exceed the Swing Line Sublimit Sub-limit then in effect, effect or (ii) the Dollar Equivalent of the Total Utilization of Revolving Credit Exposure exceed Commitments exceeds the Revolving Credit Limit, (iii) the aggregate principal amount of outstanding Swing Line Loans made by such Swing Line Lender exceed such Swing Line Lender’s Commitment or (iv) such Swing Line Lender’s Revolving Credit Exposure exceed its Revolving Credit Commitment. Amounts borrowed pursuant to this Section 2.3 may be repaid and reborrowed during the Revolving Credit Commitment Period. The Borrower Company hereby unconditionally promises to pay the unpaid principal amount of each Swing Line Loan on the earlier of the Revolving Credit Commitment Termination Date and the first date after such Swing Line Loan is made that is the fifteenth (15th) 15th or last day of a calendar month (or, if such date is not a Business Day, on the next succeeding Business Day) and is at least five (5) Business Days after such Swing Line Loan is made; provided that, on each date that a Revolving Loan is made, the Borrower Company will repay all Swing Line Loans that were outstanding on the date such Loan was requested to be made. Each The Swing Line Lender’s Revolving Credit Commitment will expire on the Revolving Credit Commitment Termination Date and all Swing Line Loans and all other amounts owed hereunder with respect to the Swing Line Loans and the Revolving Credit Commitments will be paid in full no later than such date.