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 2 contracts
Samples: 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, 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
Samples: Loan and Security Agreement (NewLake Capital Partners, Inc.), Credit Agreement (Wausau Paper Corp.)
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
Samples: 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 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.
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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
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 $50,000,0002,000,000. 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
Samples: Loan, Security and Guarantee Agreement (GEE Group 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
Samples: Loan Agreement (Key Tronic 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
Samples: 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 $50,000,00015% 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
Samples: 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% 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
Samples: Abl Loan and Security Agreement (Rocky Brands, Inc.)
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 $50,000,00025,000,000. 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 Lenders have funded by Lenders hereundertheir participations therein as provided below.
Appears in 1 contract
