Examples of Alternate Swingline Loan in a sentence
Subject to the approval of Agent, Borrower Agent may from time to time request that an Alternate Swingline Loan be made in a currency other than Dollars provided, that such requested currency is a lawful currency (other than Dollars) that is readily available and freely transferable and convertible into Dollars.
Alternate Swingline Loans shall bear interest as provided for Alternate Swingline Loans in Section 3.1. Each Alternate Swingline Loan shall be repaid in the Alternate Currency in which it was funded by Agent.
For purposes of Sections 3.1.1(c), 3.1.3, 3.1.4, 3.5, 3.6 and 3.8 of this Agreement, each Alternate Swingline Loan shall be deemed to be a LIBOR Loan.
The Singapore Alternate Swingline Loans shall be Singapore Base Rate Loans and bear interest as set forth in Section 3.1. Each Singapore Alternate Swingline Loan shall constitute a Revolver Loan for all purposes except that payments thereon shall be made to the Singapore Swingline Lender for its own account.
Each Singapore Alternate Swingline Loan shall be funded in Australian Dollars, Euros and such other currencies as the Singapore Swingline Lender may agree and repaid in the same currency as the underlying Singapore Alternate Swingline Loan was made.
The UK Alternate Swingline Loans shall be UK Base Rate Loans and bear interest as set forth in Section 3.1. Each UK Alternate Swingline Loan shall constitute a Revolver Loan for all purposes except that payments thereon shall be made to the UK Alternate Swingline Lender for its own account.
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Each UK Alternate Swingline Loan shall be funded in Australian Dollars, New Zealand Dollars, Singapore Dollars and such other currencies as the UK Swingline Lender may agree and repaid in the same currency as the underlying UK Alternate Swingline Loan was made.
Such notice must be received by the Agent, Bank of America (Singapore) and Bank of America (Hong Kong) no later than 11:00 a.m. (Local Time) on the Business Day of the requested funding date (provided that a Notice of Borrowing that requests a Swingline Loan denominated in Dollars or a Singapore Alternate Swingline Loan must be received no later than 11:00 a.m. (Local Time) three (3) Business Days prior to the requested funding date (or such shorter time as may be agreed to by the Agent)).