Common use of Swing Line Subfacility Clause in Contracts

Swing Line Subfacility. Subject to the terms and conditions ---------------------- hereof, Crestar Bank, in its individual capacity (as such, the "Swing Line Lender"), shall, in its sole and absolute discretion from and after the Effective Date until one Business Day prior to the Maturity Date, make certain revolving credit loans (each, a "Swing Line Loan" and, collectively, the "Swing Line Loans") to the Borrowers; provided, however, that (i) the aggregate -------- ------- - principal amount of all Swing Line Loans shall at no time exceed $10,000,000 (such amount, the "Swing Line Subfacility"), and (ii) the sum of the aggregate -- amount of all Revolving Loans (whether bearing interest at the Base Rate or Applicable LIBOR Rate) plus the aggregate amount of all Swing Line Loans plus ---- the aggregate amount of all Standby Letters of Credit shall at no time exceed the Aggregate Commitment.

Appears in 1 contract

Samples: Credit Agreement (Overnite Corp)

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Swing Line Subfacility. Subject to the terms and conditions ---------------------- hereof, Crestar BankNationsBank, N.A., in its individual capacity (as such, the "Swing ASwing Line Lender"), shall, in its sole and absolute discretion from and after the Effective Date until one Business Day prior to the Maturity Date, make certain revolving credit loans (each, a "Swing Line Loan" and, collectively, the "Swing Line Loans") to the BorrowersBorrower; provided, however, that (i) the aggregate -------- ------- - principal amount of all Swing Line Loans shall at no time exceed $10,000,000 10,000,000.00 (such amount, the "Swing Line Subfacility"), and (ii) the sum of the aggregate -- amount of all Revolving Loans (whether bearing interest at the Base Rate ABR or Applicable LIBOR Rate) plus the aggregate amount of all Swing Line Loans plus ---- the aggregate amount of all Standby Letters of Credit shall at no time exceed the Aggregate CommitmentFacility Amount.

Appears in 1 contract

Samples: Revolving Credit Agreement (Caci International Inc /De/)

Swing Line Subfacility. Subject to the terms and conditions ---------------------- hereof, Crestar BankBank of America, N.A., in its individual capacity (as such, the "Swing Line Lender"), shall, in its sole and absolute discretion from and after the Effective Date until one Business Day prior to the Maturity Date, make certain revolving credit swing line loans (each, a "Swing Line Loan" and, collectively, the "Swing Line Loans") to the BorrowersBorrower; provided, however, that (i) the aggregate -------- ------- - principal amount of all Swing Line Loans shall at no time exceed $10,000,000 5,000,000.00 (such amount, the "Swing Line Subfacility"), and (ii) the sum of the aggregate -- outstanding amount of all Revolving Loans (whether bearing interest at the Base Applicable ABR Rate or Applicable LIBOR Rate) plus the aggregate outstanding amount of all Swing Line Loans plus ---- the aggregate amount of then available to be drawn under all outstanding Standby Letters of Credit shall at no time exceed the Aggregate CommitmentMaximum Available Amount.

Appears in 1 contract

Samples: Revolving Credit Agreement (Hagler Bailly Inc)

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Swing Line Subfacility. Subject to the terms and conditions ---------------------- hereof, Crestar BankNationsBank, N.A., in its individual capacity (as such, the "Swing Line Lender"), shall, in its sole and absolute discretion from and after the Effective Date until one Business Day prior to the Maturity Date, make certain revolving credit swing line loans (each, a "Swing Line Loan" and, collectively, the "Swing Line Loans") to the BorrowersBorrower; provided, however, that (i) the aggregate -------- ------- - principal amount of all Swing Line Loans shall at no time exceed $10,000,000 5,000,000.00 (such amount, the "Swing Line Subfacility"), and (ii) the sum of the aggregate -- outstanding amount of all Revolving Loans (whether bearing interest at the Base Rate ABR or Applicable LIBOR Rate) plus the aggregate outstanding amount of all Swing Line Loans plus ---- the aggregate amount of then available to be drawn under all outstanding Standby Letters of Credit shall at no time exceed the Aggregate CommitmentMaximum Available Amount.

Appears in 1 contract

Samples: Revolving Credit Agreement (Hagler Bailly Inc)

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