Common use of SWING LINE LOANS; SETTLEMENTS Clause in Contracts

SWING LINE LOANS; SETTLEMENTS. (a) Solely for ease of administration of the Syndicated Loans, MGT may, but shall not be required to, fund Base Rate Loans made in accordance with the provisions of this Agreement ("Swing Line Loans"). The Swing Line Loans shall be evidenced by a promissory note of the Borrower in substantially the form of EXHIBIT B hereto (the "Swing Line Note") and, at the discretion of MGT may be in amounts less than $10,000,000 PROVIDED that the outstanding amount of Swing Line Loans advanced by MGT hereunder shall not exceed $10,000,000 at any time. Each Bank shall remain severally and unconditionally liable to fund its pro rata share (based upon each Bank's Commitment Percentage) of such Swing Line Loans on each Swing Line Settlement Date and, in the event MGT chooses not to fund all Base Rate Loans requested on any date, to fund its Commitment Percentage of the Base Rate Loans requested, subject to satisfaction of the provisions hereof relating to the making of Base Rate Loans. Prior to each Swing Line Settlement, all payments or repayments of the principal of, and interest on, Swing Line Loans shall be credited to the account of MGT.

SWING LINE LOANS; SETTLEMENTS. (a) Solely for ease of administration of the Syndicated Loans, MGT may, but shall not be required to, fund Base Rate Loans made in accordance with the provisions of this Agreement ("Swing Line Loans"). The Swing Line Loans shall be evidenced by a promissory note of the Borrower in substantially the form of EXHIBIT Exhibit B hereto (the "Swing Line Note") and, at the discretion of MGT may be in amounts less than $10,000,000 PROVIDED provided that the outstanding amount of Swing Line Loans advanced by MGT hereunder shall not exceed $10,000,000 at any time. Each Bank shall remain severally and unconditionally liable to fund its pro rata share (based upon each Bank's Commitment Percentage) of such Swing Line Loans on each Swing Line Settlement Date and, in the event MGT chooses not to fund all Base Rate Loans requested on any date, to fund its Commitment Percentage of the Base Rate Loans requested, subject to satisfaction of the provisions hereof relating to the making of Base Rate Loans. Prior to each Swing Line Settlement, all payments or repayments of the principal of, and interest on, Swing Line Loans shall be credited to the account of MGT.

SWING LINE LOANS; SETTLEMENTS. (a) Solely Notwithstanding the notice and minimum amount requirements set forth in §2.6 but otherwise in accordance with the terms and conditions of this Agreement, and solely for ease of administration of the Syndicated Loans, MGT the Swing Line Bank may, but shall not be required to, fund Base Rate Loans made in accordance with the provisions of this Agreement ("“Swing Line Loans"”). The At the discretion of the Swing Line Bank, Swing Line Loans shall be evidenced by a promissory note of the Borrower in substantially the form of EXHIBIT B hereto (the "Swing Line Note") and, at the discretion of MGT may be in amounts less than $10,000,000 PROVIDED provided that the outstanding amount of Swing Line Loans advanced by MGT the Swing Line Bank hereunder shall not exceed $10,000,000 100,000,000 at any time. Each Bank shall remain severally and unconditionally liable to fund its pro rata share (based upon each Bank's ’s Commitment Percentage) of such Swing Line Loans on each Swing Line Settlement Date and, in the event MGT the Swing Line Bank chooses not to fund all Base Rate any Swing Line Loans requested on any date, to fund its Commitment Percentage of the Base Rate Loans requested, subject to satisfaction of the provisions hereof relating to such Bank’s Commitment to make the making of Base Rate Loans. Prior to each Swing Line Settlement, all payments or repayments of the principal of, and interest on, Swing Line Loans shall be credited to the account of MGTthe Swing Line Bank.

SWING LINE LOANS; SETTLEMENTS. (a) Solely for ease of administration of the Syndicated Domestic Revolving Credit Loans, MGT BankBoston may, upon receipt of a Domestic Loan and Letter of Credit Request requesting a Swing Line Loan no later than 2:30 p.m. (Boston time) on the proposed date of funding, but shall not be required to, fund Base Rate Loans made in accordance with the provisions of this Agreement ("Swing Line Loans")) for periods not to exceed seven (7) days in any one case, bearing interest as set forth in Section 5.1. The Swing Line Loans shall be evidenced by a promissory note of the Borrower Domestic Borrowers in substantially the form of EXHIBIT B A-3 hereto (the "Swing Line Note") anddated as of the Effective Date, at the discretion of MGT may and shall each be in amounts less than a minimum amount of $10,000,000 100,000 or greater, PROVIDED that THAT the outstanding amount of Swing Line Loans advanced by MGT BankBoston hereunder shall not exceed $10,000,000 at any time. Each Domestic Revolving Credit Bank shall remain severally and unconditionally liable to fund its pro rata PRO RATA share (based upon each such Bank's Domestic Commitment Percentage) of such Swing Line Loans on each Swing Line Settlement Date and, in the event MGT BankBoston chooses not to fund all Base Rate Loans requested on any date, to fund its Domestic Commitment Percentage of the Base Rate Loans requested, subject to satisfaction of the provisions hereof relating to the making of Base Rate Loans. Prior to each Swing Line Settlement, all payments or repayments of the principal of, and interest on, Swing Line Loans shall be credited to the account of MGTBankBoston.

SWING LINE LOANS; SETTLEMENTS. (a) Solely for ease of administration of the Syndicated Revolving Credit Loans, MGT BKB may, upon receipt of a Loan and Letter of Credit Request no later than 1:00 p.m. (Boston time) on the proposed date of funding, but shall not be required to, fund Base Rate Loans made in accordance with the provisions of this Credit Agreement ("Swing Line Loans")) for periods not to exceed seven (7) days in any one case, bearing interest as set forth in ss.2.4. The Swing Line Loans shall be evidenced by a promissory note of the Borrower Borrowers in substantially the form of EXHIBIT B hereto Exhibit A-2 (the "Swing Line Note") and, at the discretion of MGT may and shall each be in amounts less than a minimum amount of $10,000,000 PROVIDED 100,000 or greater, provided that the outstanding amount of Swing Line Loans advanced by MGT BKB hereunder shall not exceed $10,000,000 15,000,000 at any time. Each Bank shall remain severally and unconditionally liable to fund its pro rata share (based upon each Bank's Commitment Percentage) of such Swing Line Loans on each Swing Line Settlement Date and, in the event MGT BKB chooses not to fund all Base Rate Loans requested on any date, to fund its Commitment Percentage of the Base Rate Loans requested, subject to satisfaction of the provisions hereof relating to the making of Base Rate Loans. Prior to each Swing Line Settlement, all payments or repayments of the principal of, and interest on, Swing Line Loans shall be credited to the account of MGTBKB.

SWING LINE LOANS; SETTLEMENTS. (a) Solely Notwithstanding the notice and minimum amount requirements set forth in Section 2.6 but otherwise in accordance with the terms and conditions of this Agreement, and solely for ease of administration of the Syndicated Loans, MGT the Administrative Agent may, but shall not be required to, fund Base Rate Loans made in accordance with the provisions of this Agreement ("Swing Line Loans"). The At the discretion of the Administrative Agent, Swing Line Loans shall be evidenced by a promissory note of the Borrower in substantially the form of EXHIBIT B hereto (the "Swing Line Note") and, at the discretion of MGT may be in amounts less than $10,000,000 PROVIDED provided that the outstanding amount of Swing Line Loans advanced by MGT the Administrative Agent hereunder shall not exceed $10,000,000 at any time. Each Bank shall remain severally and unconditionally liable to fund its pro rata share (based upon each Bank's Commitment Percentage) of such Swing Line Loans on each Swing Line Settlement Date and, in the event MGT the Administrative Agent chooses not to fund all Base Rate any Swing Line Loans requested on any date, to fund its Commitment Percentage of the Base Rate Loans requested, subject to satisfaction of the provisions hereof relating to such Bank's Commitment to make the making of Base Rate Loans. Prior to each Swing Line Settlement, all payments or repayments of the principal of, and interest on, Swing Line Loans shall be credited to the account of MGTthe Administrative Agent.

SWING LINE LOANS; SETTLEMENTS. (a) Solely So long as Fleet has not received written notice of a Default or an Event of Default made in accordance with the provisions of this Credit Agreement, solely for ease of administration of the Syndicated Revolving Credit Loans, MGT Fleet may, upon receipt of a Loan and Letter of Credit Request no later than 2:00 p.m. (Boston time) on the proposed date of funding, but shall not be required to, fund Base Rate Loans made in accordance with the provisions of this Agreement ("Swing Line Loans")) for periods not to exceed seven (7) days in any one case, bearing interest as set forth for Base Rate Loans in s. 2.4. The Swing Line Loans shall be evidenced by a promissory note of the Borrower in substantially the form of EXHIBIT B hereto Borrowers (the "Swing Line Note") anddated as of the Closing Date, at the discretion of MGT may and shall each be in amounts less than a minimum amount of $10,000,000 PROVIDED 500,000 or integral multiples of $100,000 in excess thereof, provided that the outstanding amount of Swing Line Loans advanced by MGT Fleet hereunder shall not exceed $10,000,000 25,000,000 at any time. Each Bank Revolving Credit Lender shall remain severally severally, but not jointly, and unconditionally liable to fund its pro rata share (based upon each BankRevolving Credit Lender's Commitment Percentage) of such Swing Line Loans on each Swing Line Settlement Date and, in the event MGT Fleet chooses not to fund all Base Rate Loans requested on any date, to fund its Commitment Percentage of the Base Rate Loans requested, subject to satisfaction of the provisions hereof relating to the making of Base Rate Loans. Prior to each Swing Line Settlement, all payments or repayments of the principal of, and interest on, Swing Line Loans shall be credited to the account of MGTFleet.

SWING LINE LOANS; SETTLEMENTS. (a) Solely for ease of administration of the Syndicated Revolving Credit Loans, MGT BKB may, upon receipt of a Loan and Letter of Credit Request no later than 1:00 p.m. (Boston time) on the proposed date of funding, but shall not be required to, fund Base Rate Loans made in accordance with the provisions of this Credit Agreement ("Swing Line Loans")) for periods not to exceed seven (7) days in any one case, bearing interest as set forth in Section 2.4. The Swing Line Loans shall be evidenced by a promissory note of the Borrower in substantially the form of EXHIBIT B hereto Exhibit C (the "Swing Line Note") and, at the discretion of MGT may and shall each be in amounts less than a minimum amount of $10,000,000 PROVIDED 100,000 or greater, provided that the outstanding amount of Swing Line Loans advanced by MGT BKB hereunder shall not exceed $10,000,000 5,000,000 at any time. Each Bank shall remain severally and unconditionally liable to fund its pro rata share (based upon each Bank's Commitment Percentage) of such Swing Line Loans on each Swing Line Settlement Date and, in the event MGT BKB chooses not to fund all Base Rate Loans requested on any date, to fund its Commitment Percentage of the Base Rate Loans requested, subject to satisfaction of the provisions hereof relating to the making of Base Rate Loans. Prior to each Swing Line Settlement, all payments or repayments of the principal of, and interest on, Swing Line Loans shall be credited to the account of MGTBKB.

SWING LINE LOANS; SETTLEMENTS. (a) Solely for ease of administration of the Syndicated Loans, MGT BKB may, but shall not be required to, fund Base Rate Loans made in accordance with the provisions of this Agreement ("Swing Line Loans"). The Swing Line Loans shall be evidenced by a promissory note of the Borrower in substantially the form of EXHIBIT Exhibit B hereto (the "Swing Line Note") and, at the discretion of MGT BKB may be in amounts less than $10,000,000 PROVIDED provided that the outstanding amount of Swing Line Loans advanced by MGT BKB hereunder shall not exceed $10,000,000 at any time. Each Bank shall remain severally and unconditionally liable to fund its pro rata share (based upon each Bank's Commitment Percentage) of such Swing Line Loans on each Swing Line Settlement Date and, in the event MGT BKB chooses not to fund all Base Rate Loans requested on any date, to fund its Commitment Percentage of the Base Rate Loans requested, subject to satisfaction of the provisions hereof relating to the making of Base Rate Loans. Prior to each Swing Line Settlement, all payments or repayments of the principal of, and interest on, Swing Line Loans shall be credited to the account of MGTBKB.

SWING LINE LOANS; SETTLEMENTS. (a) Solely for ease of administration of the Syndicated Multicurrency Loans, MGT BKB may, but shall not be required to, fund Base Rate Loans Advances made in accordance with the provisions of this Agreement ("Swing Line Loans"). The Swing Line Loans shall be evidenced by a promissory note of the Borrower in substantially the form of EXHIBIT B hereto F (the "Swing Line Note") and, at the discretion of MGT BKB may be in amounts less than $10,000,000 PROVIDED provided that the -------- outstanding amount of Swing Line Loans advanced by MGT BKB hereunder shall not exceed $10,000,000 20,000,000 at any time. Each Bank Subject to (S)2.1(b), each Lender shall remain severally and unconditionally liable to fund its pro rata share (based upon each BankLender's Commitment Percentage) of such Swing Line Loans on each Swing Line Settlement Date and, in the event MGT BKB chooses not to fund all Base Rate Loans Advances requested on any date, to fund its Commitment Percentage of the Base Rate Loans Advances requested, subject to satisfaction of the provisions hereof relating to the making of Base Rate LoansAdvances. Prior to each Swing Line Settlement, all payments or repayments of the principal of, and interest on, Swing Line Loans shall be credited to the account of MGTBKB.

SWING LINE LOANS; SETTLEMENTS. (a) Solely for ease of administration of the Syndicated Loans, MGT may, but shall not be required to, fund Base Rate Loans made in accordance with the provisions of this Agreement ("Swing Line Loans"). The Swing Line Loans shall be evidenced by a promissory note of the Borrower Company in substantially the form of EXHIBIT Exhibit B hereto (the "Swing Line Note") and, at the discretion of MGT may be in amounts less than $10,000,000 PROVIDED provided that the outstanding amount of Swing Line Loans advanced by MGT hereunder shall not exceed $10,000,000 at any time. Each Domestic Bank shall remain severally and unconditionally liable to fund its pro rata share (based upon each Domestic Bank's Commitment PercentageDomestic Commitment) of such Swing Line Loans on each Swing Line Settlement Date and, in the event MGT chooses not to fund all Base Rate Loans requested on any date, to fund its Domestic Commitment Percentage of the Base Rate Loans requested, subject to satisfaction of the provisions hereof relating to the making of Base Rate Loans. Prior to each Swing Line Settlement, all payments or repayments of the principal of, and interest on, Swing Line Loans shall be credited to the account of MGT.