The Swingline. Subject to the terms and conditions set forth herein, the Swingline Lender agrees, on any Business Day during the Availability Period, to make loans (each such loan, a “Swingline Loan”) to the Borrowers at any time and from time to time in an aggregate principal amount not to exceed at any time outstanding the amount of the Swingline Sublimit; provided, however, that after giving effect to any Swingline Loan: (i) the Dollar Equivalent of the Principal Obligations shall not exceed the Available Commitment; (ii) the Dollar Equivalent of the Principal Obligations owed to any Lender shall not exceed the Commitment of such Lender; and (iii) the Swingline Obligation shall not exceed the Swingline Sublimit. Within the foregoing limits, and subject to the other terms and conditions hereof, the Borrowers may borrow, repay without penalty or premium, and re-borrow Swingline Loans hereunder during the Availability Period. Each Swingline Borrowing pursuant to this Section 2.6 shall be made by the Swingline Lender. The Swingline Lender shall not be obligated to fund any Swingline Loan if the interest rate applicable thereto under Section 2.7(a) hereof would exceed the Maximum Rate in effect with respect to such Swingline Loan. Swingline Loans shall be available only in Dollars.
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Samples: Revolving Credit Agreement (Owl Rock Capital Corp III), Revolving Credit Agreement (Owl Rock Technology Finance Corp.)
The Swingline. Subject to the terms and conditions set forth herein, the Swingline Lender agrees, on any Business Day during the Availability Period, agrees to make loans to the Borrower (each such loan, a “Swingline Loan”) to the Borrowers at any time and from time to time during the Availability Period for the Revolving Credit Facility, in an aggregate principal amount not to exceed at any time outstanding the amount of the Swingline Sublimit; provided, however, that after giving effect to any Swingline Loan:
will not result in (i) the Dollar Equivalent aggregate principal amount of outstanding Swingline Loans exceeding $100,000,000 (or such lesser amount as may be agreed from time to time by the Principal Obligations shall not exceed Borrower and the Available Commitment;
Swingline Lender), (ii) the Dollar Equivalent of Total Revolving Credit Exposure exceeding the Principal Obligations owed to any Lender shall not exceed the Commitment of such Lender; and
Revolving Credit Commitments, or (iii) the Swingline Obligation shall not exceed Lender’s Revolving Credit Exposure exceeding its Revolving Credit Commitment; provided that the Swingline Sublimit. Within the foregoing limits, and subject to the other terms and conditions hereof, the Borrowers may borrow, repay without penalty or premium, and re-borrow Swingline Loans hereunder during the Availability Period. Each Swingline Borrowing pursuant to this Section 2.6 shall be made by the Swingline Lender. The Swingline Lender shall not be obligated required to fund any make a Swingline Loan if the interest rate applicable thereto under Section 2.7(a) hereof would exceed the Maximum Rate in effect with respect to such refinance an outstanding Swingline Loan. Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrower may borrow, prepay and reborrow Swingline Loans shall be available only in DollarsLoans.
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The Swingline. (i) Subject to the terms and conditions set forth herein, the Swingline Lender agrees, on any Business Day during the Availability Period, agrees to make loans (each such loan, a “Swingline Loan”) to the Borrowers at any time and Borrower from time to time during the Revolving Availability Period in an aggregate principal amount not to exceed at any time outstanding the amount of the Swingline Sublimit, notwithstanding the fact that such Swingline Loans, when aggregated with the Pro Rata Share of the Outstanding Amount of Revolving Loans and L/C Obligations of the Lender acting as Swingline Lender, may exceed the amount of such Lender’s Revolving Commitment; provided, however, provided further that after giving effect to any Swingline Loan:
, (i) the Dollar Equivalent aggregate Outstanding Amount of the Principal Obligations Revolving Loans of any Lender, plus such Lender’s Pro Rata Share of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share of the Outstanding Amount of all Swingline Loans shall not exceed the Available Commitment;
such Lender’s Revolving Commitment then in effect, and (ii) the Dollar Equivalent aggregate Revolving Exposure of all Revolving Lenders at such time would exceed the Principal Obligations owed to any Lender Line Cap; provided further that, the Borrower shall not exceed use the Commitment proceeds of such Lender; and
(iii) the any Swingline Obligation shall not exceed the Loan to refinance any outstanding Swingline SublimitLoan. Within the foregoing limits, and subject to the other terms and conditions hereof, the Borrowers Borrower may borrow, repay without penalty or premium, and re-borrow Swingline Loans hereunder during the Availability Period. Each Swingline Borrowing pursuant to under this Section 2.6 shall be made by the Swingline Lender. The Swingline Lender shall not be obligated to fund any Swingline Loan if the interest rate applicable thereto under Section 2.7(a) hereof would exceed the Maximum Rate in effect with respect to such Swingline Loan. Swingline Loans shall be available only in Dollars.2.04, prepay under
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Samples: Credit Agreement (Lmi Aerospace Inc)
The Swingline. Subject to the terms and conditions set forth herein, the Swingline Lender agrees, on any Business Day during the Availability Period, to make loans (each such loan, a “Swingline Loan”) to the Borrowers at any time and from time to time in an aggregate principal amount not to exceed at any time outstanding the amount of the Swingline Sublimit; provided, however, that after giving effect to any Swingline Loan:
(i) the Dollar Equivalent of the Principal Obligations shall not exceed the Available Commitment;
(ii) the Dollar Equivalent of the Principal Obligations owed to any Lender shall not would exceed the Commitment of such Lender; and
(iii) the Swingline Obligation shall not exceed the Swingline Sublimit. Within the foregoing limits, and subject to the other terms and conditions hereof, the Borrowers may borrow, repay without penalty or premium, and re-borrow Swingline Loans hereunder during the Availability Period. Each Swingline Borrowing pursuant to this Section 2.6 shall be made by the Swingline Lender. The Swingline Lender shall not be obligated to fund any Swingline Loan if the interest rate applicable thereto under Section 2.7(a) hereof would exceed the Maximum Rate in effect with respect to such Swingline Loan. Swingline Loans shall be available only in Dollars.this
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