Common use of Terms of Swing Loan Borrowings Clause in Contracts

Terms of Swing Loan Borrowings. The Borrower shall give the Swingline Lender notice (which shall be irrevocable) of a request for a Swing Loan no later than 12:00 noon (New York, NY time) on the day such Loan is requested; if such notice is received later than 12:00 noon (New York, NY time), then the request shall be deemed to be a request for a Swing Loan to be made on the next Business Day. Each Swing Loan shall be in a principal amount equal to or greater than Two Hundred Thousand Dollars ($200,000) and shall bear interest at the Base Rate plus the Applicable Margin. The Borrower shall repay the principal amount of each Swing Loan (together with all accrued interest) no later than 3:00 p.m. (New York, NY time) on the earliest of (a) the date that is five (5) Business Days after the date that such Loan is made; (b) the date that demand is made therefor by the Swingline Lender and (c) the RC Maturity Date. However, nothing in this Subsection 2.2.2 shall prohibit the Borrower from repaying any Swing Loan with the proceeds of another Swing Loan that it may borrow hereunder.

Terms of Swing Loan Borrowings. The Borrower shall give the Swingline Lender notice (which shall be irrevocable) of a request for a Swing Loan no later than 12:00 noon (New York, NY time) on the day such Loan is requested; if such notice is received later than 12:00 noon (New York, NY time), then the request shall be deemed to be a request for a Swing Loan to be made on the next Business Day. Each Swing Loan shall be in a principal amount equal to or greater than Two Hundred Thousand Dollars ($200,000) and shall bear interest at the Base Rate plus the Applicable Margin. The Borrower shall repay the principal amount of each Swing Loan (together with all accrued interest) no later than 3:00 p.m. (New York, NY time) on the earliest of (a) the date that is five (5) Business Days after the date that such Loan is made; (b) the date that demand is made therefor by the Swingline Lender and (c) the RC Maturity Date. However, nothing in this Subsection 2.2.2 shall prohibit the Borrower from repaying any Swing Loan with the proceeds of another Swing Loan that it may borrow hereunder.

Terms of Swing Loan Borrowings. The Borrower shall give the Swingline Swing Lender notice (which shall be irrevocable) of a request for a Swing Loan no later than 12:00 noon (New York, NY time) on the day such Loan is requested; if such notice is received later than 12:00 noon (New York, NY time), then the request shall be deemed to be a request for a Swing Loan to be made on the next Business Day. Each Swing Loan shall be in a principal amount equal to or greater than Two Hundred Thousand Dollars ($200,000) and shall bear interest at the Base Rate plus the Applicable Margin. The Borrower shall repay the principal amount of each Swing Loan (together with all accrued interest) no later than 3:00 p.m. (New York, NY time) on the earliest of (a) the date that is five (5) Business Days after the date that such Loan is made; (b) the date that demand is made therefor by the Swingline Swing Lender and (c) the RC Maturity Date. However, nothing in this Subsection 2.2.2 shall prohibit the Borrower from repaying any Swing Loan with the proceeds of another an other Swing Loan that it may borrow hereunder.

Terms of Swing Loan Borrowings. The Borrower shall give the Swingline Swing Lender notice (which shall be irrevocable) of a request for a Swing Loan in U.S. Dollars no later than 12:00 noon (New YorkPhiladelphia, NY PA time) on the day such Loan is requestedrequested and in the manner and at such time as is required by Subsection 2.2.1(b) (Swing Loan Advances) for any requests for Swing Loans to be made in currencies other than U.S. dollars; if such notice is received later than 12:00 noon (New YorkPhiladelphia, NY PA time), then the request shall be deemed to be a request for a Swing Loan to be made on the next Business Day. Each Swing Loan shall be in a principal amount equal to or greater than Two Hundred Fifty Thousand Dollars ($200,000250,000) (or the U.S. Dollar equivalent thereof, if applicable) and shall bear interest at the Base Rate plus the Applicable Margin. The Borrower shall repay the principal amount of each Swing Loan (together with all accrued interest) no later than 3:00 p.m. (New YorkPhiladelphia, NY PA time) on the earliest of (a) the date that is no more than five (5) Business Days after the date that such Loan is made; , (b) the date that demand is made therefor by the Swingline Lender and Swing Lender, (c) the RC Maturity Date and (d) the date specified in Subsection 2.1.4 (Repayment in Connection with Reductions, Certain Currency Exchange Fluctuations and on Maturity Date. However, nothing in this Subsection 2.2.2 shall prohibit the Borrower from repaying any Swing Loan with the proceeds of another Swing Loan that it may borrow hereunder).