Swingline Loans; Settlement. (a) To fulfill any request for a Base Rate Revolver Loan hereunder, Agent may in its discretion advance Swingline Loans to Borrower, up to an aggregate outstanding amount equal to 10% of the Revolver Commitments then in effect. Swingline Loans shall constitute Revolver Loans for all purposes, except that payments thereon shall be made to Agent for its own account until Lenders have funded their participations therein as provided below.
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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 equal to 10of 15% of the Revolver Commitments then in effectaggregate Commitment. 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 have funded their participations therein as provided belowhereunder.
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Samples: Loan, Guaranty and Security Agreement (SMART Global Holdings, 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 equal to 10% of the Revolver Commitments then in effectCommitments. 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 have funded their participations therein as provided below.hereunder. (b)
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Swingline Loans; Settlement. (a) To fulfill any request for a Base Rate Revolver Loan hereunder, Agent may in its discretion advance Swingline Loans to Borrower, up to an aggregate outstanding amount equal to 10% of the Revolver Commitments then in effect$50,000,000. 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 have funded their participations therein as provided below.hereunder. (b)
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Samples: 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 equal to 10% of the Revolver Commitments then in effect$3,500,000. 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 have funded their participations therein as provided belowhereunder.
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Swingline Loans; Settlement. (a) To fulfill any request for a Base Floating Rate Revolver Loan hereunder, Agent may in its discretion advance Swingline Loans to BorrowerBorrowers, up to an aggregate outstanding amount equal to 10% of the Revolver Commitments then in effectCommitments. 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 have funded their participations therein as provided belowhereunder.
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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 equal to of 10% of the Revolver Commitments then in effectaggregate Commitments. 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 have funded their participations therein as provided belowhereunder.
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Samples: Guaranty and Security Agreement (BIG 5 SPORTING GOODS 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 equal to 10% of the Revolver Commitments then in effect$5,000,000. 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 have funded their participations therein as provided belowhereunder.
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Samples: Guaranty and Security Agreement (Inari Medical, 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 equal to of 10% of the Revolver Commitments then in effectCommitment. 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 have funded their participations therein as provided belowhereunder.
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