Canadian Swing Line definition

Canadian Swing Line means the revolving credit facility made available by the Canadian Swing Line Lender pursuant to Section 3.05.
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Canadian Swing Line means the credit facility for making one or more Canadian Swing Loans described in Section 2.10.
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Canadian Swing Line means the revolving credit loans to be advanced to the Canadian Borrower by the Canadian Swing Line Lender pursuant and as further defined in Section 2.A.5 hereof, in an aggregate amount (subject to the terms hereof), not to exceed, at any one time outstanding, the Canadian Swing Line Maximum Amount.
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Examples of Canadian Swing Line in a sentence

  • In connection with the making of any such Refunded Canadian Swing Line Advances or the purchase of a participation interest in Canadian Swing Line Advances under Section 2.A.5 (e)(ii) hereof, the Canadian Swing Line Lender shall retain its claim against the Canadian Borrower for any unpaid interest or fees in respect thereof accrued to the date of such refunding.

  • Each time a Canadian Swing Line Advance is made using the “Sweep to Loan” system, the Canadian Borrower shall be deemed to have certified to the Canadian Agent and the Canadian Lenders each of the matters set forth in clause (vi) of this Section 2.A.5(c).

  • The proceeds of such Canadian Revolving Credit Advances shall be immediately applied to repay the Refunded Canadian Swing Line Advances.

  • The Canadian Borrower agrees that, upon the written request of Canadian Swing Line Lender, the Canadian Borrower will execute and deliver to Canadian Swing Line Lender a Canadian Swing Line Note.

  • The Canadian Borrower unconditionally promises to pay to the Canadian Swing Line Lender the then unpaid principal amount of such Canadian Swing Line Advance (plus all accrued and unpaid interest) on the Canadian Revolving Credit Maturity Date and on such other dates and in such other amounts as may be required from time to time pursuant to this Agreement.

  • Canadian Swing Line Lender shall maintain in accordance with its usual practice an account or accounts evidencing indebtedness of the Canadian Borrower to Canadian Swing Line Lender resulting from each Canadian Swing Line Advance from time to time, including the amount, currency and date of each Canadian Swing Line Advance, its Applicable Interest Rate, its Interest Period, if any, and the amount and date of any repayment made on any Canadian Swing Line Advance from time to time.

  • Each Canadian Revolving Credit Lender within the time periods specified in Section 2.A.5(e)(i) hereof, as applicable, shall immediately transfer to the Canadian Agent, for the benefit of the Canadian Swing Line Lender, in immediately available funds, an amount equal to its Canadian Revolving Credit Percentage of the aggregate principal amount of all Canadian Swing Line Advances outstanding as of such date.

  • Subject to the terms set forth herein, advances, repayments and readvances may be made under the Canadian Swing Line.

  • To accept with gratitude the offer of the Government of Trinidad and Tobago to host the Fourth Meeting of Ministers of Justice or of Ministers or Attorneys General of the Americas and agree that the agenda for that meeting should be prepared within the OAS.

  • Canadian Swing Line Lender shall promptly notify the Canadian Agent of any Canadian Swing Line Advance by telephone, telex or telecopier.


More Definitions of Canadian Swing Line

Canadian Swing Line means the revolving credit facility made available by the Canadian Swing Line Lender pursuant to Section 3.05 .
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Canadian Swing Line means the credit facility established in favour of Cognos under Article 3.
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Canadian Swing Line. Loan is defined in Section 2.2.2.
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Related to Canadian Swing Line

  • Swing Line means the revolving credit facility made available by the Swing Line Lender pursuant to Section 2.04.

  • Swing Line Facility means the revolving credit facility made available by the Swing Line Lender pursuant to Section 2.04.

  • Canadian Swingline Loan means any Loan made by the Canadian Swingline Lender pursuant to Section 2.12.

  • Canadian Swingline Lender means JPMorgan Chase Bank, N.A., Toronto Branch, in its capacity as lender of Canadian Swingline Loans hereunder.

  • Refunded Swing Line Loans as defined in Section 2.3(b)(iv).

  • Swing Line Lenders means each of the Lenders that has a Swing Line Commitment on Schedule 2.1 hereto, or any successor swing line lender hereunder.

  • Swing Line Outstandings means, as of any date of determination, the aggregate principal amount of all Swing Line Loans then outstanding.

  • Revolving Dollar Credit Exposure means, with respect to any Lender at any time, the sum of the outstanding principal amount of such Lender’s Syndicated Loans, and its LC Exposure and Swingline Exposure, at such time made or incurred under the Dollar Commitments.

  • Swing Line Loans as defined in Section 2.6.

  • Swing Line Loan Commitment means the commitment of Swing Line Lender to make Swing Line Loans to Company pursuant to subsection 2.1A(iii).

  • Swing Line Lender means Bank of America in its capacity as provider of Swing Line Loans, or any successor swing line lender hereunder.

  • Revolving Line is an Advance or Advances in an amount equal to Ten Million Dollars ($10,000,000).

  • Swing Line Loan Commitment Amount means, on any date, $10,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Swing Line Commitment the obligation of the Swing Line Lender to make Swing Line Loans pursuant to Section 2.6 in an aggregate principal amount at any one time outstanding not to exceed $10,000,000.

  • Swing Line Exposure means, at any time, the aggregate principal amount of all Swing Line Loans outstanding at such time. The Swing Line Exposure of any Lender at any time shall be its Applicable Percentage of the total Swing Line Exposure at such time.

  • Canadian Revolving Commitment means, with respect to each Revolving Lender, the commitment, if any, of such Revolving Lender to make Canadian Revolving Loans hereunder up to the amount set forth on Schedule I to the Lender Addendum executed and delivered by such Lender or in the Assignment and Assumption pursuant to which such lender assumed its Canadian Revolving Commitment. The Canadian Revolving Commitment of each Revolving Lender is a sub-commitment of its Revolving Commitment and, as such, may be (a) reduced from time to time pursuant to Section 2.07 and (b) reduced or increased from time to time pursuant to assignments by or to such Revolving Lender pursuant to Section 11.04. The aggregate amount of the Lenders’ Canadian Revolving Commitments on the Closing Date is $40 million.

  • Canadian Commitment means the obligation of the Canadian Lender to (a) make Canadian Loans to the Canadian Borrowers and (b) issue Canadian Letters of Credit for the account of the Canadian Borrowers pursuant to Section 2.03, in an aggregate principal amount at any one time outstanding not to exceed C$15,000,000, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Refunded Swing Line Loan has the meaning ascribed to it in Section 1.1(c)(iii).

  • Swing Line Loan has the meaning specified in Section 2.04(a).

  • Swing Line Availability has the meaning ascribed to it in Section 1.1(c)(i).

  • U.S. Swingline Lender means JPMorgan Chase Bank, N.A., in its capacity as lender of U.S. Swingline Loans hereunder.

  • Swingline Facility means the swingline facility established pursuant to Section 2.2.

  • Swing Line Rate means, (a) in respect of Swing Line Loans made in US Dollars or any Alternate Currency other than Canadian Dollars, for any Interest Period, the sum of (i) the rate per annum determined by the applicable Swing Line Agent as the rate of interest (rounded upward to the next 1/100th of 1%) at which deposits in the relevant currency for delivery on the first day of such Swing Line Loan in Same Day Funds in the approximate amount of the Swing Line Loan being made by such Swing Line Agent (or its affiliate) and with a term equivalent to such Interest Period would be offered by BNP Paribas London to major banks in the London or other offshore interbank market for such currency at their request at approximately 11:00 a.m. (London time) on the first day of such Swing Line Loan and (ii) the Applicable Rate, (b) in the case of Swing Line Loans made in Canadian Dollars, the sum of (i) the Canadian Prime Rate and (ii) the Applicable Rate and (c) in the case of Swing Line Loans made in Australian Dollars, for any Interest Period, the sum of (i) the rate per annum determined by the applicable Swing Line Agent as the rate of interest (rounded upward to the next 1/100th of 1%) at which deposits in Australian Dollars for delivery on the first day of such Swing Line Loan in Same Day Funds in the approximate amount of the Swing Line Loan being made by such Swing Line Agent (or its affiliate) and with a term equivalent to such Interest Period would be offered by BNP Paribas, Sydney Branch to major banks in Sydney at their request at approximately 11:00 a.m. (Sydney time) on the first day of such Swing Line Loan and (ii) the Applicable Rate.

  • U.S. Swingline Loan means a Loan made pursuant to Section 2.04 as a “U.S. Swingline Loan.”

  • Revolving Credit Outstandings means, at any particular time, the sum of (a) the principal amount of the Revolving Loans outstanding at such time, (b) the Letter of Credit Obligations outstanding at such time and (c) the principal amount of the Swing Loans outstanding at such time.

  • Canadian Revolving Loan means Loans made by a Lender in respect of its Canadian Revolving Commitment to the U.S. Borrower pursuant to Section 2.02(c) and/or Section 2.24.