Canadian Swing Line Advance definition

Canadian Swing Line Advance means a borrowing requested by the Canadian Borrower and made by Canadian Swing Line Lender pursuant to Section 2.A.5 hereof, and “Canadian Swing Line Advances” shall mean all of them in the aggregate.
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Canadian Swing Line Advance means an advance made by (a) the Canadian Swing Line Lender pursuant to Section 2.01(d)(2) or (b) any Canadian Lender pursuant to Section 2.02(b).
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Canadian Swing Line Advance means an Advance made pursuant to the provisions of Section 2.22(a);
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Examples of Canadian Swing Line Advance in a sentence

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

  • Subject to the terms and conditions hereof, each Canadian Swing Line Advance shall, from time to time after the date of such Advance (until paid), bear interest at its Applicable Interest Rate.

  • No Canadian Swing Line Advance shall be used for the purpose of funding the payment of principal of any other Canadian Swing Line Advance.

  • This Agreement, the Notes (if issued), any Requests for US Revolving Credit Advance, Requests for Canadian Revolving Credit Advance, Requests for US Swing Line Advance, Requests for Canadian Swing Line Advance, and Term Loan Rate Requests, and the Loan Documents contain the entire agreement of the parties hereto, superseding all prior agreements, discussions and understandings relating to the subject matter hereof, and none of the parties shall be bound by anything not expressed in writing.

  • This Agreement, the Notes (if issued), any Requests for US Revolving Credit Advance, Requests for Canadian Revolving Credit Advance, Requests for US Swing Line Advance, Requests for Canadian Swing Line Advance and Term Loan Rate Requests and the Loan Documents contain the entire agreement of the parties hereto, superseding all prior agreements, discussions and understandings relating to the subject matter hereof, and none of the parties shall be bound by anything not expressed in writing.

  • Such other form of Advance shall constitute, in the case of a Canadian Swing Line Advance, a Prime Rate Advance and, in the case of a U.S. Swing Line Advance, a Base Rate Advance, provided that if the Relevant Lenders are prevented from making such Advances by provisions of applicable bankruptcy laws or otherwise, the amount so paid by each Relevant Lender shall constitute a purchase by it of a participation in the unpaid principal amount of such converted Swing Line Advances.

  • Any Swing Line Advance outstanding on the seventh day after such Swing Line Advance, if not repaid by such Borrower on such seventh day, shall convert to, in the case of a Canadian Swing Line Advance, a Prime Rate Advance or Base Rate Canada Advance, as the case may be, and, in the case of a U.S. Swing Line Advance, a Base Rate Advance.

  • Many improv games test the ability to handle unexpected situations (Schwenke et al 2020).

  • Immediately upon the making of a Canadian Swing Line Advance, each Canadian Lender shall be deemed to, and hereby irrevocably and unconditionally agrees to, purchase from the Canadian Swing Line Lender a risk participation in such Canadian Swing Line Advance in an amount equal to the product of such Lender’s Pro Rata Share times the principal amount of such Canadian Swing Line Advance.


More Definitions of Canadian Swing Line Advance

Canadian Swing Line Advance means any Advance made by the Canadian Administrative Agent under Section 3.1(b).
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Related to Canadian Swing Line Advance

  • Swing Line Advance means an advance made by (a) the Swing Line Bank pursuant to Section 2.01(c) or (b) any Lender pursuant to Section 2.02(b).

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

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

  • Refunded Swing Line Loans has the meaning assigned to that term in subsection 2.1A(iii).

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

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

  • Canadian Swingline Loan means a Swingline Loan made to the Canadian Borrower.

  • Swing Line Loan Commitment Amount means, on any date, $5,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

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

  • Swing Line Loan Notice means a notice of a Swing Line Borrowing pursuant to Section 2.04(b), which, if in writing, shall be substantially in the form of Exhibit B.

  • Revolving Credit Advance means an advance by a Bank to a Borrower as part of a Revolving Credit Borrowing and refers to a Base Rate Advance or a Eurocurrency Rate Advance, each of which shall be a “Type” of Advance.

  • Swing Line Rate means an interest rate per annum offered by the Swing Line Lender with respect to the Swing Line Loans, as determined in its sole discretion, but in any event not in excess of the rate applicable to Base Rate Loans at the time of determination.

  • Swingline Advance means an advance made by the Swingline Lender, if any, to the Borrower pursuant to Section 2.

  • Swing Line Note means the promissory note of the Borrowers substantially in the form of Exhibit C-2, payable to the order of the Swing Line Lender, evidencing the Swing Line Loans made by the Swing Line Lender.

  • Swing Line Participation Amount as defined in Section 2.7.

  • U.S. Swingline Loan means any swingline loan denominated in Dollars made by the applicable Swingline Lender to a US Borrower pursuant to Section 2.2, and all such swingline loans collectively as the context requires.

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

  • 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 Bank has the meaning specified in the recital of parties to this Agreement.

  • Letter of Credit Advance means an advance made by any Issuing Bank or any Lender pursuant to Section 2.03(c).

  • 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.

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

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