Swingline Loans; Settlement. (a) To fulfill any request for a Base Rate Loan hereunder, Agent may advance Swingline Loans to Borrower, up to an aggregate outstanding amount of $50,000,000. Swingline Loans shall constitute Loans for all purposes, except that payments thereon shall be made to Agent for its own account until settled with or funded by Lenders hereunder.
Appears in 3 contracts
Sources: Loan and Security Agreement (Summit Midstream Partners, LP), Loan and Security Agreement (Summit Midstream Partners, LP), Loan and Security Agreement (Summit Midstream Partners, LP)
Swingline Loans; Settlement. (a) To fulfill any request for a Base Rate Revolver Loan hereunder, Administrative Agent may in its discretion advance Swingline Loans to BorrowerBorrowers, up to an aggregate outstanding amount of $50,000,00015,000,000. Swingline Loans shall constitute Revolver Loans for all purposes, except that payments thereon shall be made to Administrative Agent for its own account until settled with or Lenders have funded by Lenders hereundertheir participations therein as provided below.
Appears in 2 contracts
Sources: Loan Agreement (Key Energy Services Inc), Loan Agreement (Key Energy Services Inc)
Swingline Loans; Settlement. (a) To fulfill any request for a Base Rate Loan hereunderAgent may, Agent may but shall not be obligated to, advance Swingline Loans to Borrower, up to an aggregate outstanding amount of $50,000,0003,500,000. Each Swingline Loans Loan shall constitute Loans a Revolver Loan for all purposes, except that payments thereon shall be made to Agent for its own account until settled with or funded account. The obligation of Borrower to repay Swingline Loans shall be evidenced by Lenders hereunderthe records of Agent and need not be evidenced by any promissory note.
Appears in 2 contracts
Sources: Loan and Security Agreement (Flat Rock Core Income Fund), Loan and Security Agreement (Flat Rock Capital Corp.)
Swingline Loans; Settlement. (a) To fulfill any request for a Base Rate Revolver Loan hereunder, Agent may in its discretion advance Swingline Loans to BorrowerBorrowers, up to an aggregate outstanding amount of $50,000,0005,000,000. Swingline Loans shall constitute Revolver Loans for all purposes, except that payments thereon shall be made to Agent for its own account until settled with or Lenders have funded by Lenders hereundertheir participations therein as provided below.
Appears in 2 contracts
Sources: Loan and Security Agreement (NewLake Capital Partners, Inc.), Credit Agreement (Wausau Paper Corp.)
Swingline Loans; Settlement. (a) To fulfill any request for a Base Floating Rate Loan hereunder, Agent may (through one or more of its Lending Offices) in its discretion advance Swingline Loans to BorrowerBorrowers, up to an aggregate outstanding amount of $50,000,00025,000,000. Swingline Loans shall constitute Revolver Loans for all purposes, except that payments thereon shall be made to Agent for its own account until settled with or funded by Lenders hereunder.
Appears in 1 contract
Sources: Loan and Security Agreement (Amkor Technology, Inc.)
Swingline Loans; Settlement. (a) To fulfill any request for a Base Rate Loan hereunder, Agent may in its discretion advance Swingline Loans to BorrowerBorrowers, up to an aggregate outstanding amount of $50,000,00010% of the aggregate Commitments. Swingline Loans shall constitute Loans for all purposes, except that payments thereon shall be made to Agent for its own account until settled with or funded by Lenders hereunder.
Appears in 1 contract
Sources: Loan, Guaranty and Security Agreement (BIG 5 SPORTING GOODS Corp)
Swingline Loans; Settlement. (a) To fulfill any request for a Base Rate Loan hereunder, Agent may in its discretion advance Swingline Loans to BorrowerBorrowers, up to an aggregate outstanding amount of $50,000,00010% of the Commitment. Swingline Loans shall constitute Loans for all purposes, except that payments thereon shall be made to Agent for its own account until settled with or funded by Lenders hereunder.
Appears in 1 contract
Sources: Abl Loan and Security Agreement (Rocky Brands, Inc.)
Swingline Loans; Settlement. (a) To fulfill any request for a Base Rate Loan hereunder, Agent may in its discretion advance Swingline Loans to BorrowerBorrowers, up to an aggregate outstanding amount equal to 10% of $50,000,000the Commitments. Swingline Loans shall constitute Loans for all purposes, except that payments thereon shall be made to Agent for its own account until settled with or funded by Lenders hereunder.
Appears in 1 contract
Sources: Loan Agreement (Key Tronic Corp)
Swingline Loans; Settlement. (a) To fulfill any request for a Base Rate Loan hereunder, Agent may in its discretion advance Swingline Loans to BorrowerBorrowers, up to an aggregate outstanding amount of $50,000,00015% of the aggregate Commitment. Swingline Loans shall constitute Loans for all purposes, except that payments thereon shall be made to Agent for its own account until settled with or funded by Lenders hereunder.
Appears in 1 contract
Sources: Loan, Guaranty and Security Agreement (SMART Global Holdings, Inc.)
Swingline Loans; Settlement. (a) To fulfill any request for a Base Rate Loan hereunder, Agent may in its discretion advance Swingline Loans to BorrowerBorrowers, up to an aggregate outstanding amount of $50,000,00010,000,000. Swingline Loans shall constitute Revolver Loans for all purposes, except that payments thereon shall be made to Agent for its own account until settled with or Lenders have funded by Lenders hereundertheir participations therein as provided below.
Appears in 1 contract
Swingline Loans; Settlement. (a) To fulfill any request for a Base Rate Loan hereunder, Agent may in its discretion advance Swingline Loans to BorrowerBorrowers, up to an aggregate outstanding amount of $50,000,0003,500,000. Swingline Loans shall constitute Loans for all purposes, except that payments thereon shall be made to Agent for its own account until settled with or funded by Lenders hereunder.
Appears in 1 contract