Common use of The Swing Line Loans Clause in Contracts

The Swing Line Loans. Subject to the terms and conditions hereinafter set forth, the Administrative Agent, in reliance upon the agreements of the other Lenders set forth in this §2.10, may in its sole discretion make loans in Dollars to the Borrower (the “Swing Line Loans”) on any Business Day prior to the Maturity Date in an aggregate principal amount not to exceed the Swing Line Sublimit at any one time outstanding. Each Swing Line Loan shall be in a minimum amount equal to $1,000,000 or an integral multiple thereof. Notwithstanding any other provisions of this Credit Agreement and in addition to the limit set forth above, at no time shall the aggregate principal amount of all outstanding Swing Line Loans exceed the remainder of (a) the Total Commitment then in effect minus (b) the sum of, without duplication, (i) the Dollar Equivalent of the aggregate principal amount of all Revolving Credit Loans outstanding, plus (ii) the Maximum Drawing Amount, plus (iii) all Unpaid Reimbursement Obligations.

The Swing Line Loans. Subject to the terms and conditions hereinafter set forth, upon notice by the Administrative AgentBorrower to the Agent in accordance with this ss.2.11, in reliance upon the agreements of the other Lenders set forth in this §2.10, may in its sole discretion Agent agrees to make loans in Dollars to the Borrower (the “"Swing Line Loans”") on any Business Day prior to the Maturity Date in an aggregate principal amount not to exceed the Swing Line Sublimit $20,000,000 at any one time outstanding. Each Swing Line Loan shall be in a minimum amount equal to $1,000,000 500,000 or an integral multiple thereof. Notwithstanding any other provisions of this Credit Agreement and in addition to the limit set forth above, at no time shall the aggregate principal amount of all outstanding Swing Line Loans exceed the remainder of (ai) the Total Commitment then in effect minus MINUS (bii) the sum of, without duplication, (iA) the Dollar Equivalent of the aggregate principal amount of all Revolving Credit Syndicated Loans outstanding, plus PLUS (iiB) the aggregate amount of Competitive Bid Loans outstanding at such time, PLUS (C) the Maximum Drawing Amount, plus PLUS (iiiD) all Unpaid Reimbursement Obligations.