Common use of Swing Loan Commitment Clause in Contracts

Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, the Swing Lender may, at its option, cancelable at any time for any reason whatsoever in its sole discretion, make swing loans (the “Swing Loans”) to the Borrowers at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of $35,000,000, provided that after giving effect to such Loan, the Revolving Facility Usage shall not exceed the Revolving Credit Commitments. Within such limits of time and amount and subject to the other provisions of this Agreement, the Borrowers may borrow, repay and reborrow pursuant to this Section 2.1.2.

Appears in 3 contracts

Samples: Credit Agreement (Cincinnati Financial Corp), Credit Agreement (Cincinnati Financial Corp), Credit Agreement (Cincinnati Financial Corp)

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Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, the Swing Lender PNC may, at its option, cancelable at any time for any reason whatsoever in its sole discretionwhatsoever, make swing loans (the “Swing Loans”) to the Borrowers Borrower at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of $35,000,00050,000,000 (the “Swing Loan Commitment”), provided that after giving effect to such Loan, the Revolving Facility Usage shall not exceed the Revolving Credit Commitments. Within such limits of time and amount and subject to the other provisions of this Agreement, the Borrowers Borrower may borrow, repay and reborrow pursuant to this Section 2.1.2.

Appears in 3 contracts

Samples: Credit Agreement (CONSOL Energy Inc), Revolving Credit Facility (CONSOL Energy Inc), Revolving Credit Facility (CONSOL Energy Inc)

Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, the Swing Lender PNC may, at its option, cancelable at any time for any reason whatsoever in its sole discretionwhatsoever, make swing loans (the “Swing Loans”) to the Borrowers Borrower at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of $35,000,00010,000,000 (the “Swing Loan Commitment”), provided that after giving effect to such Loan, the Revolving Facility Usage shall not exceed the Revolving Credit Commitments. Within such limits of time and amount and subject to the other provisions of this Agreement, the Borrowers Borrower may borrow, repay and reborrow pursuant to this Section 2.1.2.

Appears in 3 contracts

Samples: Credit Agreement (Spartech Corp), Credit Agreement (Om Group Inc), Revolving Credit Facility Agreement (Nacco Industries Inc)

Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, the Swing Loan Lender may, at its option, cancelable at any time for any reason whatsoever in its sole discretionwhatsoever, make swing loans (the “Swing Loans”) to the Borrowers Borrower at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of $35,000,00025,000,000, provided that after giving effect to such Loan, the Revolving Facility Usage shall not exceed the aggregate Revolving Credit CommitmentsCommitments of the Lenders. Within such limits of time and amount and subject to the other provisions of this Agreement, the Borrowers Borrower may borrow, repay and reborrow pursuant to this Section 2.1.22.

Appears in 2 contracts

Samples: Credit Agreement (Meridian Bioscience Inc), Credit Agreement (Meridian Bioscience Inc)

Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, the Swing Lender PNC may, at its option, cancelable at any time for any reason whatsoever in its sole discretionwhatsoever, make swing loans (the "Swing Loans") to the Borrowers at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of $35,000,00015,000,000 (the "Swing Loan Commitment"), provided that after giving effect to such Loan, the Revolving Facility Usage shall not exceed the Revolving Credit Commitments. Within such limits of time and amount and subject to the other provisions of this Agreement, the Borrowers may borrow, repay and reborrow pursuant to this Section 2.1.2.

Appears in 2 contracts

Samples: Revolving Credit Facility (Finish Line Inc /In/), Revolving Credit Facility Credit Agreement (Finish Line Inc /In/)

Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, the Swing Loan Lender may, at its option, cancelable at any time for any reason whatsoever in its sole discretionwhatsoever, make swing loans in Dollars (the “Swing Loans”) to the Borrowers Borrower at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of $35,000,00030,000,000, provided that after giving effect to such Loan, the Revolving Facility Usage shall not exceed the aggregate Revolving Credit CommitmentsCommitments of the Lenders. Within such limits of time and amount and subject to the other provisions of this Agreement, the Borrowers Borrower may borrow, repay and reborrow pursuant to this Section 2.1.2.

Appears in 1 contract

Samples: Credit Agreement (Koppers Holdings Inc.)

Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, the Swing Loan Lender may, at its option, cancelable at any time for any reason whatsoever in its sole discretionwhatsoever, make swing loans (the “Swing Loans”) to the Borrowers Borrower at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of $35,000,000, the Swing Loan Commitment; provided that after giving effect to such Loan, the Revolving Facility Usage shall not exceed the lesser of the Revolving Credit CommitmentsCommitments and the Borrowing Base. Within such limits of time and amount and subject to the other provisions of this Agreement, the Borrowers Borrower may borrow, repay and reborrow pursuant to this Section 2.1.2.

Appears in 1 contract

Samples: Credit Agreement (Steel Partners Holdings L.P.)

Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, the Swing Swingline Lender may, at its option, cancelable at any time for any reason whatsoever in its sole discretionwhatsoever, make swing loans (the “Swing Loans”) to the Borrowers Borrower at any time or from time to time after the date hereof to, but not including, the Expiration Maturity Date, in an aggregate principal amount up to but not in excess of $35,000,000the Swing Loan Commitment, provided that after giving effect to such Loan, the Revolving Facility Usage shall not exceed the aggregate Revolving Credit CommitmentsCommitments of the Lenders. Within such limits of time and amount and subject to the other provisions of this Agreement, the Borrowers Borrower may borrow, repay and reborrow pursuant to this Section 2.1.2.

Appears in 1 contract

Samples: Credit Agreement (Cloud Peak Energy Inc.)

Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, the Swing Loan Lender may, at its option, cancelable at any time for any reason whatsoever in its sole discretionwhatsoever, make swing loans in Dollars (the “Swing Loans”) to the Borrowers Borrower at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of $35,000,000the Swing Loan Commitment, provided that after giving effect to such Loan, the Revolving Facility Usage shall not exceed the Revolving Credit Commitments. Within such limits of time and amount and subject to the other provisions of this Agreement, the Borrowers Borrower may borrow, repay and reborrow re-borrow pursuant to this Section 2.1.2.

Appears in 1 contract

Samples: Revolving Credit Facility (Advanced Drainage Systems, Inc.)

Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, the Swing Lender PNC may, at its option, cancelable at any time for any reason whatsoever in its sole discretionwhatsoever, make swing loans (the "Swing Loans") to the Borrowers Borrower at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of $35,000,00015,000,000 (the "Swing Loan Commitment"), provided that after giving effect to such Loan, the Revolving Facility Usage shall not exceed the Revolving Credit Commitments. Within such limits of time and amount and subject to the other provisions of this Agreement, the Borrowers Borrower may borrow, repay and reborrow pursuant to this Section 2.1.2.

Appears in 1 contract

Samples: Revolving Credit Facility (Nacco Industries Inc)

Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, the Swing Loan Lender may, at its option, cancelable at any time for any reason whatsoever in its sole discretionwhatsoever, make swing loans in Dollars (the “Swing Loans”) to the Borrowers Borrower at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of $35,000,00025,000,000, provided that after giving effect to such Loan, the Revolving Facility Usage shall not exceed the aggregate Revolving Credit CommitmentsCommitments of the Lenders. Within such limits of time and amount and subject to the other provisions of this Agreement, the Borrowers Borrower may borrow, repay and reborrow pursuant to this Section 2.1.2.

Appears in 1 contract

Samples: Credit Agreement (Koppers Holdings Inc.)

Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, the Swing Lender may, at its option, cancelable at any time for any reason whatsoever in its sole discretionwhatsoever, make swing loans (the "Swing Loans") to the Borrowers Borrower at any time or from time to time after the date hereof to, but not including, the Revolving Credit Expiration Date, in an aggregate principal amount up to but not in excess of $35,000,00030,000,000 (the "Swing Loan Commitment"), provided that after giving effect to such Loan, the Revolving Facility Usage shall not exceed the Revolving Credit CommitmentsCommitments of all the Banks. Within such limits of time and amount and subject to the other provisions of this Agreement, the Borrowers Borrower may borrow, repay and reborrow pursuant to this Section 2.1.2.

Appears in 1 contract

Samples: Credit Agreement (Big Lots Inc)

Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, the Swing Lender PNC may, at its option, cancelable at any time for any reason whatsoever in its sole discretionwhatsoever, make swing loans (the "Swing Loans") to the Borrowers at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of $35,000,0005,000,000 (the "Swing Loan Commitment"), provided that after giving effect to such Loan, the Revolving Facility Usage shall not exceed the Revolving Credit Commitments. Within such limits of time and amount and subject to the other provisions of this Agreement, the Borrowers may borrow, repay and reborrow pursuant to this Section 2.1.2.

Appears in 1 contract

Samples: Credit Agreement (Finish Line Inc /In/)

Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, the Swing Lender Loan Bank may, at its option, cancelable at any time for any reason whatsoever in its sole discretionwhatsoever, make swing loans in Dollars (the "Swing Loans") to the Borrowers at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of $35,000,000the Swing Loan Commitment, provided that after giving effect to such Loan, the Revolving Facility Usage shall not exceed the aggregate Revolving Credit CommitmentsCommitments of the Banks. Within such limits of time and amount and subject to the other provisions of this Agreement, the Borrowers may borrow, repay and reborrow pursuant to this Section 2.1.22.1.

Appears in 1 contract

Samples: Revolving Credit Facility (Big Lots Inc)

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Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, the Swing Lender Loan Bank may, at its option, cancelable at any time for any reason whatsoever in its sole discretionwhatsoever, make swing loans in Dollars (the "Swing Loans") to the Borrowers at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of $35,000,000the Swing Loan Commitment, provided that after giving effect to such Loan, the Revolving Facility Usage shall not exceed the aggregate Revolving Credit CommitmentsCommitments of the Banks. Within such limits of time and amount and subject to the other provisions of this Agreement, the Borrowers may borrow, repay and reborrow pursuant to this Section 2.1.2.

Appears in 1 contract

Samples: Credit Agreement (Big Lots Inc)

Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, the Swing Loan Lender may, at its option, cancelable at any time for any reason whatsoever in its sole discretionwhatsoever, make swing loans (the "Swing Loans") to the Borrowers Borrower at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of $35,000,000the Swing Loan Commitment, provided that after giving effect to such Loan, the Revolving Facility Usage shall not exceed the Revolving Credit Commitments. Within such limits of time and amount and subject to the other provisions of this Agreement, the Borrowers Borrower may borrow, repay and reborrow pursuant to this Section 2.1.2.

Appears in 1 contract

Samples: Credit Agreement (Nacco Industries Inc)

Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, the Swing Loan Lender may, at its option, cancelable at any time for any reason whatsoever in its sole discretionwhatsoever, make swing loans in Dollars (the "Swing Loans") to the Borrowers Borrower at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of $35,000,00030,000,000, provided that after giving effect to such Loan, the Revolving Facility Usage shall not exceed the aggregate Revolving Credit CommitmentsCommitments of the Lenders. Within such limits of time and amount and subject to the other provisions of this Agreement, the Borrowers Borrower may borrow, repay and reborrow pursuant to this Section 2.1.2.

Appears in 1 contract

Samples: Credit Agreement (Koppers Holdings Inc.)

Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, the Swing Lender PNC may, at its option, cancelable at any time for any reason whatsoever in its sole discretionwhatsoever, make swing loans (the “Swing Loans”) to the Borrowers at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of Seven Million and 00/100 Dollars ($35,000,0007,000,000.00), provided that after giving effect to such Loan, the Revolving Facility Usage shall not exceed the lesser of (a) the Revolving Credit CommitmentsCommitments and (b) the Borrowing Base. Within such limits of time and amount and subject to the other provisions of this Agreement, the Borrowers may borrow, repay and reborrow pursuant to this Section 2.1.2.

Appears in 1 contract

Samples: Credit Agreement (Universal Stainless & Alloy Products Inc)

Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, the Swing Loan Lender may, at its option, cancelable at any time for any reason whatsoever in its sole discretionwhatsoever, make swing loans (the “Swing Loans”) to the Borrowers Borrower at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of $35,000,00060,000,000, provided that after giving effect to such Loan, the Revolving Facility Usage shall not exceed the Revolving Credit Commitments. Within such limits of time and amount and subject to the other provisions of this Agreement, the Borrowers Borrower may borrow, repay and reborrow pursuant to this Section 2.1.2.

Appears in 1 contract

Samples: Credit Agreement (Arch Coal Inc)

Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, the Swing Loan Lender may, at its option, cancelable at any time for any reason whatsoever in its sole discretionwhatsoever, make swing loans (the “Swing Loans”) to the Borrowers Borrower at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of $35,000,00050,000,000, provided that after giving effect to such Loan, the Revolving Facility Usage shall not exceed the aggregate Revolving Credit CommitmentsCommitments of the Lenders. Within such limits of time and amount and subject to the other provisions of this Agreement, the Borrowers Borrower may borrow, repay and reborrow pursuant to this Section 2.1.2.

Appears in 1 contract

Samples: Credit Agreement (Bob Evans Farms Inc)

Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, the Swing Loan Lender may, at its option, cancelable at any time for any reason whatsoever in its sole discretionwhatsoever, make swing loans (the "Swing Loans") to the Borrowers Borrower at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of $35,000,00020,000,000 (the "Swing Loan Commitment"), provided that after giving effect to such Loan, the Revolving Facility Usage shall not exceed the Revolving Credit Commitments. Within such limits of time and amount and subject to the other provisions of this Agreement, the Borrowers Borrower may borrow, repay and reborrow pursuant to this Section 2.1.2.

Appears in 1 contract

Samples: Revolving Credit Facility (Nacco Industries Inc)

Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, the Swing Loan Lender may, at its option, cancelable at any time for any reason whatsoever in its sole discretionwhatsoever, make swing loans in Dollars (the “Swing Loans”) to the Borrowers at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of $35,000,00075,000,000 (the “Swing Loan Commitment”), provided that after giving effect to such Loan, the Revolving Facility Usage shall not exceed the aggregate Revolving Credit CommitmentsCommitments of the Lenders. Within such limits of time and amount and subject to the other provisions of this Agreement, the Borrowers may borrow, repay and reborrow pursuant to this Section 2.1.22.1.

Appears in 1 contract

Samples: Refinancing Credit Agreement (Westinghouse Air Brake Technologies Corp)

Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, the Swing Lender PNC may, at its option, cancelable at any time for any reason whatsoever in its sole discretionwhatsoever, make swing loans (the “Swing Loans”) to the Borrowers at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of $35,000,0005,000,000 (the “Swing Loan Commitment”), provided that after giving effect to such Loan, the Revolving Facility Usage shall not exceed the Revolving Credit Commitments. Within such limits of time and amount and subject to the other provisions of this Agreement, the Borrowers may borrow, repay and reborrow pursuant to this Section 2.1.2.

Appears in 1 contract

Samples: Revolving Credit Facility (Finish Line Inc /In/)

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