Swingline Exposure Sample Clauses
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Swingline Exposure. In the case of a Bank’s obligation to reimburse the Swingline Lender for Swingline Loans, a fraction: (a) the numerator of which is the amount of such Bank’s Revolving Credit Loan Commitment on such date, and (b) the denominator of which is the aggregate amount of all Banks’ Revolving Credit Loan Commitments on such date.
Swingline Exposure. The Borrower hereby covenants and agrees that it will not permit Gladstone Capital Corporation to incur or maintain any borrowings under the “Line of Credit” provided for pursuant to that certain Loan Agreement dated as of June 22, 2004 between Branch Banking and Trust Company and Gladstone Capital Corporation (the “Loan Agreement”) until the following conditions shall be satisfied: (i) the definition of “CIBC Credit Agreement” contained in Section 8.11 of the Loan Agreement shall be modified to reflect the assignment of Canadian Imperial Bank of Commerce’s interests under the Credit Agreement to Deutsche Bank AG, New York Branch and to permit future amendments to the Credit Agreement to be captured under the definition thereof and (ii) the definition of “CIBC Credit Agreement” contained in Section 1(d) of the General Security Agreement dated as of June 22, 2004 between Branch Banking and Trust Company and Gladstone Capital Corporation shall be modified likewise.
Swingline Exposure. At any time, the aggregate principal amount of all Swingline Loans outstanding at such time. The Swingline Exposure of any Lender at any time shall be its Revolver A Commitment Percentage of the total Swingline Exposure at such time.