Common use of The Swing Line Advances Clause in Contracts

The Swing Line Advances. The Borrower may request the Swing Line Bank to make, and the Swing Line Bank shall make, on the terms and conditions hereinafter set forth, Swing Line Advances to the Borrower from time to time on any Business Day during the period from the date hereof until the Tranche A Termination Date (i) in an aggregate amount not to exceed at any time outstanding $10,000,000 (the "Swing Line Facility") and (ii) in an amount for each such Swing Line Borrowing not to exceed the aggregate of the Unused Revolving Credit Commitments of the Revolving Credit Lenders at such time. No Swing Line Advance shall be used for the purpose of funding the payment of principal of any other Swing Line Advance. Each Swing Line Borrowing shall be in an amount of $250,000 or an integral multiple of $100,000 in excess thereof and shall be made as a Prime Rate Advance. Within the limits of the Swing Line Facility and within the limits referred to in clause (ii) above, the Borrower may borrow under this Section 2.01(d), repay pursuant to Section 2.04(d) or prepay pursuant to Section 2.06(a) and reborrow under this Section 2.01(d).

Appears in 2 contracts

Samples: Credit Agreement (Quality Stores Inc), Credit Agreement (Quality Stores Inc)

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The Swing Line Advances. The Borrower may request the Swing Line Bank to make, and the Swing Line Bank shall make, agrees on the terms and conditions hereinafter set forth, forth to make Swing Line Advances to the US Borrower from time to time on any Business Day during the period from the date hereof Effective Date until the Tranche A Termination Date in respect of the Revolving Credit Facility (i) in an aggregate amount not to exceed at any time outstanding $10,000,000 (the "Swing Line Facility") Commitment and (ii) in an amount for each such Swing Line Borrowing not to exceed the aggregate of the Unused Revolving Credit Commitments of the US Revolving Credit Lenders at such time. No Swing Line Advance shall be used for the purpose of funding the payment of principal of any other Swing Line Advance. Each Swing Line Borrowing shall be in an amount of $250,000 1,000,000 or an integral multiple of $100,000 500,000 in excess thereof and shall be made as a Prime Base Rate Advance. Within the limits of the Swing Line Facility and within the limits referred to in clause (ii) above, so long as any Swing Line Bank, in its sole discretion, elects to make Swing Line Advances, the US Borrower may borrow under this Section 2.01(d), repay pursuant to Section 2.04(d2.04(c) or prepay pursuant to Section 2.06(a2.07(a) and reborrow under this Section 2.01(d).

Appears in 2 contracts

Samples: Credit Agreement (Laidlaw International Inc), Credit Agreement (Laidlaw International Inc)

The Swing Line Advances. The Borrower may request the Swing Line Bank to make, and the Swing Line Bank shall make, on the terms and conditions hereinafter set forth, make Swing Line Advances to the Borrower from time to time on any Business Day during the period from the date hereof Closing Date until the Tranche A Termination Date (i) in an aggregate amount not to exceed $25,000,000 at any time outstanding $10,000,000 (the "Swing Line Facility") and (ii) in an amount for each such Swing Line Borrowing not to exceed the aggregate of the Unused Revolving Credit Commitments of the Revolving Credit Lenders at such time. No Swing Line Advance shall be used for the purpose of funding the payment of principal of any other Swing Line Advance. Each Swing Line Borrowing shall be in an amount of $250,000 500,000 or an integral multiple of $100,000 250,000 in excess thereof and shall bear interest at a rate to be made as a Prime Rate Advanceagreed on by the Borrower and the Swing Line Bank. Within the limits of the Swing Line Facility and within the limits referred to in clause (ii) abovefirst sentence of this Section 2.01(d), the Borrower may borrow under this Section 2.01(d), repay pursuant to Section 2.04(d) or 2.04(c), prepay pursuant to Section 2.06(a) and reborrow under this Section 2.01(d).

Appears in 2 contracts

Samples: Credit Agreement (Davita Inc), Credit Agreement (Davita Inc)

The Swing Line Advances. The Borrower may request the Swing Line Bank to make, and the Swing Line Bank shall make, on the terms and conditions hereinafter set forth, make Swing Line Advances to the Borrower from time to time on any Business Day during the period from the date hereof Closing Date until the Tranche A Termination Date (i) in an aggregate amount not to exceed $25,000,000 at any time outstanding $10,000,000 (the "Swing Line Facility") and (ii) in an amount for each such Swing Line Borrowing not to exceed the aggregate of the Unused Revolving Credit Commitments of the Revolving Credit Lenders at such time. No Swing Line Advance shall be used for the purpose of funding the payment of principal of any other Swing Line Advance. Each Swing Line Borrowing shall be in an amount of $250,000 500,000 or an integral multiple of $100,000 250,000 in excess thereof and shall bear interest at a rate to be made as a Prime Rate Advanceagreed on by the Borrower and the Swing Line Bank. Within the limits of the Swing Line Facility and within the limits referred to in clause (ii) abovefirst sentence of this Section 2.01(d), the Borrower may borrow under this Section 2.01(d), repay pursuant to Section 2.04(d) or 2.04(c), prepay pursuant to Section 2.06(a) and reborrow under this Section 2.01(d).

Appears in 2 contracts

Samples: Credit Agreement (Davita Inc), Credit Agreement (Davita Inc)

The Swing Line Advances. The Borrower may request the Swing Line Bank to make, and the Swing Line Bank shall make, on the terms and conditions hereinafter set forth, Swing Line Advances to the Borrower from time to time on any Business Day during the period from the date hereof until the Tranche A Termination Date (i) in an aggregate amount not to exceed at any time outstanding $10,000,000 5,000,000 (the "Swing Line Facility") and (ii) in an amount for each such Swing Line Borrowing not to exceed the aggregate of the Unused Revolving Credit Commitments of the Revolving Credit Lenders at such time. No Swing Line Advance shall be used for the purpose of funding the payment of principal of any other Swing Line Advance. Each Swing Line Borrowing shall be in an amount of $250,000 or an integral multiple of $100,000 in excess thereof and shall be made as a Prime Rate Advance. Within the limits of the Swing Line Facility and within the limits referred to in clause (ii) above, the Borrower may borrow under this Section 2.01(d2.01(c), repay pursuant to Section 2.04(d) or prepay pursuant to Section 2.06(a) and reborrow under this Section 2.01(d2.01(c).

Appears in 2 contracts

Samples: Credit Agreement (Central Tractor Farm & Country Inc), Credit Agreement (Central Tractor Farm & Country Inc)

The Swing Line Advances. The Borrower may request the Swing Line Bank to make, and the Swing Line Bank shall agrees to make, on the terms and conditions hereinafter set forth, Swing Line Advances to the Borrower from time to time on any Business Day during the period from the date hereof until the Tranche A Termination Date (i) in an aggregate outstanding amount not to exceed at any time outstanding $10,000,000 (the "Swing Line FacilitySWING LINE FACILITY") and (ii) in an amount for each such Swing Line Borrowing not to exceed the aggregate of the Unused Revolving Credit Commitments of the Revolving Credit Lenders at such time. No Swing Line Advance shall be used for the purpose of funding the payment of principal of any other Swing Line Advance. Each Swing Line Borrowing shall be in an amount of $250,000 500,000 or an integral multiple of $100,000 in excess thereof and shall be made as a Prime Base Rate Advance. Within the limits of the Swing Line Facility and within the limits referred to in clause (ii) above, above the Borrower may borrow under this Section 2.01(d), repay pursuant to Section 2.04(d2.03(d) or prepay pursuant to Section 2.06(a2.05(a) and reborrow under this Section 2.01(d).

Appears in 2 contracts

Samples: Credit Agreement (Alliance Resource Partners Lp), Credit Agreement (Alliance Resource Partners Lp)

The Swing Line Advances. The Borrower may request the Swing Line Bank to make, and the Swing Line Bank shall makeagrees, on the terms and conditions hereinafter set forth, to make Swing Line Advances in U.S. dollars to the Borrower from time to time on any Business Day during the period from the date hereof Effective Date until the Tranche A Termination Date in respect of the Revolving Credit Facility (i) in an aggregate amount not to exceed at any time outstanding $10,000,000 the Swing Line Commitment (the "Swing Line Facility") and (ii) in an amount for each such Swing Line Borrowing not to exceed the aggregate of the Unused Revolving Credit Commitments of the Revolving Credit Lenders at such time. No Swing Line Advance shall be used for the purpose of funding the payment of principal of any other Swing Line Advance. Each Swing Line Borrowing shall be in an amount of $250,000 100,000 or an integral multiple of $100,000 25,000 in excess thereof and shall be made as a Prime Base Rate Advance. Within the limits of the Swing Line Facility and within the limits referred to in clause (ii) above, the Borrower may borrow under this Section 2.01(d2.01(b), repay pursuant to Section 2.04(d) or prepay pursuant to Section 2.06(a) and reborrow under this Section 2.01(d2.01(b).

Appears in 2 contracts

Samples: Credit Agreement (Esterline Technologies Corp), Credit Agreement (Esterline Technologies Corp)

The Swing Line Advances. The Borrower may request the Swing Line Bank to make, and the Swing Line Bank shall agrees to make, on the terms and conditions hereinafter set forth, Swing Line Advances to the Borrower from time to time on any Business Day during the period from the date hereof Effective Date until the Tranche A Termination Date (i) in an aggregate outstanding amount not to exceed at any time outstanding $10,000,000 15,000,000 (the "Swing Line Facility") and (ii) in an amount for each such Swing Line Borrowing not to exceed the aggregate of the Unused Revolving Credit Commitments of the Revolving Credit Lenders at such time. No Swing Line Advance shall be used for the purpose of funding the payment of principal of any other Swing Line Advance. Each Swing Line Borrowing shall be in an amount of $250,000 500,000 or an integral multiple of $100,000 in excess thereof and shall be made as a Prime Base Rate Advance. Within the limits of the Swing Line Facility Second Amended and Restated Alliance Credit Agreement and within the limits referred to in clause (ii) above, above the Borrower may borrow under this Section 2.01(d2.01(b), repay pursuant to Section 2.04(d2.04(b) or prepay pursuant to Section 2.06(a) and reborrow under this Section 2.01(d2.01(b).

Appears in 2 contracts

Samples: Credit Agreement (Alliance Resource Partners Lp), Credit Agreement (Alliance Holdings GP, L.P.)

The Swing Line Advances. The Borrower may request the Swing Line Bank to make, and the Swing Line Bank shall make, on the terms and conditions hereinafter set forth, Swing Line Advances to the Borrower from time to time on any Business Day during the period from the date hereof until the Tranche A Termination Date (i) in an aggregate amount not to exceed at any time outstanding $10,000,000 30,000,000 (the "Swing Line Facility") and (ii) in an amount for each such Swing Line Borrowing not to exceed the aggregate of the Unused Revolving Credit Commitments of the Revolving Credit Lenders at such time. No Swing Line Advance shall be used for the purpose of funding the payment of principal of any other Swing Line Advance. Each Swing Line Borrowing shall be in an amount of $250,000 100,000 or an integral multiple of $100,000 1,000 in excess thereof and shall be made as a Prime Base Rate Advance. Within the limits of the Swing Line Facility and within the limits referred to in clause (ii) above, the Borrower may borrow under this Section 2.01(d2.01(b), repay pursuant to Section 2.04(d2.05(b) or prepay pursuant to Section 2.06(a2.07(a) and reborrow under this Section 2.01(d2.01(b).

Appears in 2 contracts

Samples: Credit Agreement (Warnaco Group Inc /De/), Credit Agreement (Warnaco Group Inc /De/)

The Swing Line Advances. The Borrower may request the Swing Line Bank to make, and the Swing Line Bank shall agrees to make, on the terms and conditions hereinafter set forth, Swing Line Advances to the Borrower from time to time on any Business Day during the period from the date hereof until the Tranche A Termination Date (i) in an aggregate amount not to exceed at any time outstanding $10,000,000 15,000,000 (the "Swing Line Facility") and (ii) in an amount for each such Swing Line Borrowing not to exceed the aggregate of the Unused Revolving Credit Commitments of the Revolving Credit Lenders at such time. No Swing Line Advance shall be used for the purpose of funding the payment of principal of any other Swing Line Advance. Each Swing Line Borrowing shall be in an amount of $250,000 100,000 or an integral multiple of $100,000 in excess thereof and shall be made as a Prime Base Rate Advance. Within the limits of the Swing Line Facility and within the limits referred to in clause (ii) above, the Borrower may borrow under this Section 2.01(d2.01(c), repay pursuant to Section 2.04(d2.04(b) or prepay pursuant to Section 2.06(a) and reborrow under this Section 2.01(d2.01(c).

Appears in 1 contract

Samples: Credit Agreement (American Campus Communities Inc)

The Swing Line Advances. The Borrower may request the Swing Line Bank to make, and the Swing Line Bank shall makeagrees, on the terms and conditions hereinafter set forth, to make a Swing Line Advances to the Borrower Advance from time to time on any Business Day during the period from the date hereof until the Tranche A Termination Date (i) in an aggregate amount not to exceed at any time outstanding $10,000,000 5,000,000 (the "Swing Line FacilitySWING LINE FACILITY") and (ii) in an amount for each such Swing Line Borrowing not to exceed the aggregate of the Unused Revolving Credit Working Capital Commitments of the Revolving Credit Working Capital Lenders at such time. No Swing Line Advance shall be used for the purpose of funding the payment of principal of any other Swing Line Advance. Each Swing Line Borrowing shall be in an amount of $250,000 or an integral multiple of $100,000 in excess thereof and shall be made as a Prime Base Rate Advance. Within the limits of the Swing Line Facility and within the limits referred to in clause (ii) above, so long as the Swing Line Bank makes Swing Line Advances, the Borrower may borrow under this Section 2.01(d2.01(c), repay pursuant to Section 2.04(d2.04(c) or prepay pursuant to Section 2.06(a) and reborrow under this Section 2.01(d2.01(c).

Appears in 1 contract

Samples: Credit Agreement (Safety 1st Inc)

The Swing Line Advances. The Borrower may request the Swing Line Bank to make, and the Swing Line Bank shall agrees to make, on the terms and conditions hereinafter set forth, Swing Line Advances to the Borrower from time to time on any Business Day during the period from the date hereof until the Tranche A Termination Date (i) in an aggregate amount not to exceed at any time outstanding $10,000,000 5,000,000 (the "Swing Line Facility") and (ii) in an amount for each such Swing Line Borrowing not to exceed the aggregate of the Unused Revolving Credit Commitments of the Revolving Credit Lenders at such time. No Swing Line Advance shall be used for the purpose of funding the payment of principal of any other Swing Line Advance. Each Swing Line Borrowing shall be in an amount of $250,000 100,000 or an integral multiple of $100,000 in excess thereof and shall be made as a Prime Base Rate Advance. Within the limits of the Swing Line Facility and within the limits referred to in clause (ii) above, the Borrower may borrow under this Section 2.01(d2.01(c), repay pursuant to Section 2.04(d2.04(b) or prepay pursuant to Section 2.06(a) and reborrow under this Section 2.01(d2.01(c).

Appears in 1 contract

Samples: Credit Agreement (American Campus Communities Inc)

The Swing Line Advances. The Borrower may request the Swing Line Bank to make, and the Swing Line Bank shall makeagrees, on the terms and conditions hereinafter set forth, to make Swing Line Advances to the Borrower from time to time on any Business Day during the period from the date hereof Effective Date until the Tranche A Termination Date in respect of the Revolving Credit Facility (i) in an aggregate amount not to exceed at any time outstanding $10,000,000 the Swing Line Commitment (the "Swing Line FacilitySWING LINE FACILITY") and (ii) in an amount for each such Swing Line Borrowing not to exceed the aggregate of the Unused Revolving Credit Commitments of the Revolving Credit Lenders at such time. No Swing Line Advance shall be used for the purpose of funding the payment of principal of any other Swing Line Advance. Each Swing Line Borrowing shall be in an amount of $250,000 100,000 or an integral multiple of $100,000 25,000 in excess thereof and shall be made as a Prime Base Rate Advance. Within the limits of the Swing Line Facility and within the limits referred to in clause (ii) above, the Borrower may borrow under this Section 2.01(d2.01(b), repay pursuant to Section 2.04(d) or prepay pursuant to Section 2.06(a) and reborrow under this Section 2.01(d2.01(b).

Appears in 1 contract

Samples: Credit Agreement (Esterline Technologies Corp)

The Swing Line Advances. The Borrower may request the Swing Line Bank ----------------------- to make, and the Swing Line Bank shall makeagrees, on the terms and conditions hereinafter set forth, to make a Swing Line Advances to the Borrower Advance from time to time on any Business Day during the period from the date hereof until the Tranche A Termination Date (i) in an aggregate amount not to exceed at any time outstanding $10,000,000 5,000,000 (the "Swing Line FacilitySWING LINE FACILITY") and (ii) in an amount for each such Swing Line Borrowing not to exceed the aggregate of the Unused Revolving Credit Working Capital Commitments of the Revolving Credit Working Capital Lenders at such time. No Swing Line Advance shall be used for the purpose of funding the payment of principal of any other Swing Line Advance. Each Swing Line Borrowing shall be in an amount of $250,000 or an integral multiple of $100,000 in excess thereof and shall be made as a Prime Base Rate Advance. Within the limits of the Swing Line Facility and within the limits referred to in clause (ii) above, so long as the Swing Line Bank makes Swing Line Advances, the Borrower may borrow under this Section 2.01(d2.01(e), repay pursuant to Section 2.04(d2.04(c) or prepay pursuant to Section 2.06(a) and reborrow under this Section 2.01(d2.01(e).

Appears in 1 contract

Samples: Credit Agreement (Telespectrum Worldwide Inc)

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The Swing Line Advances. The Borrower Paxar may request the Swing Line Bank to make, and the Swing Line Bank shall make, on the terms and conditions hereinafter set forth, Swing Line Advances to the Borrower Paxar from time to time on any Business Day during the period from the date hereof until the Tranche A Termination Date (i) in an aggregate amount not to exceed at any time outstanding $10,000,000 5,000,000 (the "Swing Line Facility") and (ii) in an amount for each such Swing Line Borrowing not to exceed the aggregate of the Unused Revolving Credit Commitments of the Revolving Credit Lenders at such time. No Swing Line Advance shall be used for the purpose of funding the payment of principal of any other Swing Line Advance. Each Swing Line Borrowing shall be in an amount of $250,000 100,000 or an integral multiple of $100,000 in excess thereof and shall be made as a Prime Rate AdvanceAdvance or shall bear interest at such other interest rate, if any, as may be agreed upon by Paxar and the Swing Line Bank. Within the limits of the Swing Line Facility and within the limits referred to in clause (ii) above, the Borrower Paxar may borrow under this Section 2.01(d2.01(c), repay pursuant to Section 2.04(d2.07(c) or prepay pursuant to Section 2.06(a) 2.11 and reborrow under this Section 2.01(d2.01(c).

Appears in 1 contract

Samples: Pledge Agreement (Paxar Corp)

The Swing Line Advances. The Borrower may request the Swing Line Bank to make, and the Swing Line Bank shall agrees to make, on the terms and conditions hereinafter set forth, Swing Line Advances to the Borrower from time to time on any Business Day during the period from the date hereof Effective Date until the Tranche A Termination Date (i) in an aggregate outstanding amount not to exceed at any time outstanding $10,000,000 (the "Swing Line FacilitySWING LINE FACILITY") and (ii) in an amount for each such Swing Line Borrowing not to exceed the aggregate of the Unused Revolving Credit Commitments of the Revolving Credit Lenders at such time. No Swing Line Advance shall be used for the purpose of funding the payment of principal of any other Swing Line Advance. Each Swing Line Borrowing shall be in an amount of $250,000 500,000 or an integral multiple of $100,000 in excess thereof and shall be made as a Prime Base Rate Advance. Within the limits of the Swing Line Facility and within the limits referred to in clause (ii) above, above the Borrower may borrow under this Section 2.01(d2.01(b), repay pursuant to Section 2.04(d2.04(b) or prepay pursuant to Section 2.06(a) and reborrow under this Section 2.01(d2.01(b).

Appears in 1 contract

Samples: Credit Agreement (Alliance Resource Partners Lp)

The Swing Line Advances. The Borrower may request the Swing Line Bank to make, and the Swing Line Bank shall make, on the terms and conditions hereinafter set forth, Swing Line Advances to the Borrower from time to time on any Business Day during the period from the date hereof until the Tranche A Termination Date (i) in an aggregate amount not to exceed at any time outstanding $10,000,000 2,500,000 (the "Swing Line Facility") and (ii) in an amount for each such Swing Line Borrowing not to exceed the aggregate of the Unused Revolving Credit Commitments of the Revolving Credit Lenders at such time. No Swing Line Advance shall be used for the purpose of funding the payment of principal of any other Swing Line Advance. Each Swing Line Borrowing shall be in an amount of $250,000 or an integral multiple of $100,000 in excess thereof and shall be made as a Prime Base Rate Advance. Within the limits of the Swing Line Facility and within the limits referred to in clause (ii) above, so long as the Swing Line Bank makes Swing Line Advances, the Borrower may borrow under this Section 2.01(d), repay pursuant to Section 2.04(d) or prepay pursuant to Section 2.06(a) and reborrow under this Section 2.01(d).

Appears in 1 contract

Samples: Credit Agreement (Mediq Inc)

The Swing Line Advances. The Borrower may request the Swing Line Bank to make, and the Swing Line Bank shall make, on the terms and conditions hereinafter set forth, Swing Line Advances to the Borrower from time to time on any Business Day during the period from the date hereof until the Tranche A Termination Date (i) in an aggregate amount not to exceed at any time outstanding $10,000,000 [25,000,000] (the "Swing Line Facility") and (ii) in an amount for each such Swing Line Borrowing not to exceed the aggregate of the Unused Revolving Credit Commitments of the Revolving Credit Lenders at such time. No Swing Line Advance shall be used for the purpose of funding the payment of principal of any other Swing Line Advance. Each Swing Line Borrowing shall be in an amount of $250,000 5,000,000 or an integral multiple of $100,000 1,000,000 in excess thereof and shall be made as a Prime Base Rate Advance. Within the limits of the Swing Line Facility and within the limits referred to in clause (ii) above, the Borrower may borrow under this Section 2.01(d2.01(b), repay pursuant to Section 2.04(d2.05(b) or prepay pursuant to Section 2.06(a) 2.09 and reborrow under this Section 2.01(d2.01(b).

Appears in 1 contract

Samples: Credit Agreement (Hartford Life Inc)

The Swing Line Advances. The Borrower may request the Swing Line Bank to make, and the Swing Line Bank shall makeagrees, on the terms and conditions hereinafter set forth, to make Swing Line Advances to the Borrower from time to time on any Business Day during the period from the date hereof Effective Date until the Tranche A Termination Date in respect of the Revolving Credit Facility (i) in an aggregate amount not to exceed at any time outstanding $10,000,000 the Swing Line Commitment (the "Swing Line Facility") and (ii) in an amount for each such Swing Line Borrowing not to exceed the aggregate of the Unused Revolving Credit Commitments of the Revolving Credit Lenders at such time. No Swing Line Advance shall be used for the purpose of funding the payment of principal of any other Swing Line Advance. Each Swing Line Borrowing shall be in an amount of $250,000 100,000 or an integral multiple of $100,000 25,000 in excess thereof and shall be made as a Prime Base Rate Advance. Within the limits of the Swing Line Facility and within the limits referred to in clause (ii) above, the Borrower may borrow under this Section 2.01(d2.01(b), repay pursuant to Section 2.04(d) or prepay pursuant to Section 2.06(a) and reborrow under this Section 2.01(d2.01(b).

Appears in 1 contract

Samples: Credit Agreement (Esterline Technologies Corp)

The Swing Line Advances. The Borrower may request the Swing Line Bank to make, and the Swing Line Bank shall make, on the terms and conditions hereinafter set forth, Swing Line Advances to the Borrower from time to time on any Business Day during the period from the date hereof until the Tranche A Termination Date (i) in an aggregate amount not to exceed at any time outstanding $10,000,000 20,000,000 (the "Swing Line Facility") and (ii) in an amount for each such Swing Line Borrowing not to exceed the aggregate of the Unused Revolving Credit Commitments of the Revolving Credit Lenders at such time. No Swing Line Advance shall be used for the purpose of funding the payment of principal of any other Swing Line Advance. Each Swing Line Borrowing shall be in an amount of $250,000 100,000 or an integral multiple of $100,000 1,000 in excess thereof and shall be made as a Prime Base Rate Advance. Within the limits of the Swing Line Facility and within the limits referred to in clause (ii) above, the Borrower may borrow under this Section 2.01(d2.01(c), repay pursuant to Section 2.04(d2.05(c) or prepay pursuant to Section 2.06(a2.07(a) and reborrow under this Section 2.01(d2.01(c).

Appears in 1 contract

Samples: Credit Agreement (Warnaco Group Inc /De/)

The Swing Line Advances. The Borrower may request the Swing ----------------------- Line Bank to make, and the Swing Line Bank shall make, on the terms and conditions hereinafter set forth, make Swing Line Advances to the Borrower from time to time on any Business Day during the period from the date hereof Closing Date until the Tranche A Termination Date (i) in an aggregate amount not to exceed $25,000,000 at any time outstanding $10,000,000 (the "Swing Line Facility") and (ii) in an amount for each such Swing Line Borrowing not to exceed the aggregate of the Unused Revolving Credit Commitments of the Revolving Credit Lenders at such time. No Swing Line Advance shall be used for the purpose of funding the payment of principal of any other Swing Line Advance. Each Swing Line Borrowing shall be in an amount of $250,000 500,000 or an integral multiple of $100,000 250,000 in excess thereof and shall bear interest at a rate to be made as a Prime Rate Advanceagreed on by the Borrower and the Swing Line Bank. Within the limits of the Swing Line Facility and within the limits referred to in clause (ii) abovefirst sentence of this Section 2.01(d), the Borrower may borrow under this Section 2.01(d), repay pursuant to Section 2.04(d) or 2.04(c), prepay pursuant to Section 2.06(a) and reborrow under this Section 2.01(d).

Appears in 1 contract

Samples: Credit Agreement (Tri City Dialysis Center Inc)

The Swing Line Advances. The Borrower may request the Swing Line Bank to make, and the Swing Line Bank shall makeseverally agrees, on the terms and conditions hereinafter set forth, to make Swing Line Advances to the Borrower from time to time on any Business Day during the period from the date hereof until the Tranche A Working Capital Termination Date (i) in an aggregate amount not to exceed at any time outstanding $10,000,000 5,000,000 (the "Swing Line Facility") and (ii) in an amount for each such Swing Line Borrowing not to exceed the aggregate amount of the Unused Revolving Credit Working Capital Commitments of the Revolving Credit Working Capital Lenders at such time. No Swing Line Advance shall be used for the purpose of funding the payment of principal of any other Swing Line Advance. Each Swing Line Borrowing shall be in an amount of $250,000 100,000 or an integral multiple of $100,000 50,000 in excess thereof and shall be made as a Prime Alternate Base Rate Advance. Within the limits of the Swing Line Facility and within the limits referred to in clause (ii) above, the Borrower may borrow under this Section 2.01(d), repay pursuant to Section 2.04(d) or prepay pursuant to Section 2.06(a) and reborrow under this Section 2.01(d).

Appears in 1 contract

Samples: Credit Agreement (Desa Holdings Corp)

The Swing Line Advances. The Borrower may request the Swing Line Bank to make, and the Swing Line Bank shall agrees to make, on the terms and conditions hereinafter set forth, Swing Line Advances to the Borrower from time to time on any Business Day during the period from the date hereof until the Tranche A Termination Date (i) in an aggregate amount not to exceed at any time outstanding $10,000,000 15,000,000 (the "Swing Line Facility") and (ii) in an amount for each such Swing Line Borrowing not to exceed the aggregate of the Unused Revolving Credit Commitments of the Revolving Credit Lenders at such time. No Swing Line Advance shall be used for the purpose of funding the payment of principal of any other Swing Line Advance. Each Swing Line Borrowing shall be in an amount of $250,000 or an integral multiple of $100,000 250,000 in excess thereof and shall be made as a Prime Base Rate Advance. Within the limits of the Swing Line Facility and within the limits referred to in clause (ii) above, the Borrower may borrow under this Section 2.01(d2.01(c), repay pursuant to Section 2.04(d2.04(b) or prepay pursuant to Section 2.06(a) and reborrow under this Section 2.01(d2.01(c).

Appears in 1 contract

Samples: Revolving Credit Agreement (Sunstone Hotel Investors, Inc.)

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