Dollar Swing Line Loans definition

Dollar Swing Line Loans as defined in Section 2.3(a).
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Dollar Swing Line Loans as such term is defined in subsection 2.6(a).
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Dollar Swing Line Loans a portion of the credit otherwise available to the Borrower under the Dollar Revolving Credit Commitments; provided, that (i) the aggregate principal amount of Dollar Swing Line Loans outstanding at any time shall not exceed the Dollar Swing Line Commitment then in effect (notwithstanding that the Dollar Swing Line Loans outstanding at any time, when aggregated with the Dollar Swing Line Lender’s other outstanding Dollar Revolving Credit Loans hereunder, may exceed the Dollar Swing Line Commitment then in effect or the Dollar Swing Line Lender’s Dollar Revolving Credit Commitment then in effect) and (ii) the Borrower shall not request, and the Dollar Swing Line Lender shall not make, any Dollar Swing Line Loan if, after giving effect to the making of such Dollar Swing Line Loan, the aggregate amount of the Available Dollar Revolving Credit Commitments would be less than zero. During the Revolving Credit Commitment Period, the Borrower may use the Dollar Swing Line Commitment by borrowing, repaying and reborrowing, all in accordance with the terms and conditions hereof. Dollar Swing Line Loans shall be Base Rate Loans only.
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Examples of Dollar Swing Line Loans in a sentence

  • The Company shall make all payments of principal and interest in respect of the Canadian Dollar Swing Line Loans directly to the Canadian Dollar Swing Line Lender.

  • The Canadian Dollar Swing Line Lender shall be responsible for invoicing the Company for interest on the Canadian Dollar Swing Line Loans.

  • The Canadian Dollar Swing Line Lender shall be responsible for invoicing the applicable Canadian Borrower for interest on the Canadian Dollar Swing Line Loans.

  • The applicable Canadian Borrower shall make all payments of principal and interest in respect of the Canadian Dollar Swing Line Loans directly to the Canadian Dollar Swing Line Lender.

  • Each such notice must be received by the Swing Line Lender and the Agents not later than 2:30 p.m. on the requested borrowing date, and shall specify (i) the amount to be borrowed, which shall be a minimum of U.S.$500,000 in the case of U.S. Dollar Swing Line Loans and C$100,000 in the case of Swing Line Loans denominated in Canadian Dollars, (ii) the requested currency, and (iii) the requested borrowing date, which shall be a Business Day.

  • No such funding of risk participations shall relieve or otherwise impair the obligation of the Company to repay Canadian Dollar Swing Line Loans, together with interest as provided herein.

  • If any such notice is given, the amount specified in such notice shall be due and payable on the date specified therein, together with (except in the case of Dollar Revolving Credit Loans that are Base Rate Loans and Dollar Swing Line Loans) accrued interest to such date on the amount prepaid.

  • The proceeds of such Dollar Revolving Credit Loans shall be made immediately available by the Administrative Agent to the Dollar Swing Line Lender for application by the Dollar Swing Line Lender to the repayment of the Refunded Dollar Swing Line Loans.

  • Each payment of the Loans (except in the case of Dollar Swing Line Loans and Revolving Credit Loans that are Base Rate Loans) shall be accompanied by accrued interest to the date of such payment on the amount paid.

  • The Borrower irrevocably authorizes the Dollar Swing Line Lender to charge the Borrower’s accounts with the Administrative Agent (up to the amount available in each such account) in order to immediately pay the amount of such Refunded Dollar Swing Line Loans to the extent amounts received from the Dollar Revolving Credit Lenders are not sufficient to repay in full such Refunded Dollar Swing Line Loans.


More Definitions of Dollar Swing Line Loans

Dollar Swing Line Loans means the Swing Line Loans made by Swing Line Lender to Company in Dollars pursuant to subsection 2.1A(iv).
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Dollar Swing Line Loans as defined in Section 2.3(a). “Dollar Swing Line Participation Amount”: as defined in Section 2.6(b)(i). “Dollar Working Capital Facility”: the Dollar Working Capital Facility Commitments and the extensions of credit thereunder. “Dollar Working Capital Facility Commitment”: at any date, as to any Dollar Working Capital Facility Lender, the obligation of such Dollar Working Capital Facility Lender to make Dollar Working Capital Facility Loans to the Borrowers pursuant to Section 2.1(a) and to participate in Dollar Swing Line Loans and Dollar Working Capital Facility Letters of Credit in an aggregate principal and/or face amount at any one time outstanding not to exceed the amount set forth opposite such Dollar Working Capital Facility Lender’s name on Schedule 1.0 under the caption “Dollar Working Capital Facility Commitment” or, as the case may be, in the Assignment and Acceptance pursuant to which such Dollar Working Capital Facility Lender becomes a party hereto, as such amount may be changed from time to time in accordance with the terms of this Agreement. As of the RestatementAmendment Effective Date, the original aggregate amount of the Dollar Working Capital Facility Commitments is $1,000,000,000950,000,000. “Dollar Working Capital Facility Commitment Percentage”: as to any Dollar Working Capital Facility Lender at any time, the percentage which such Dollar Working Capital Facility Lender’s Dollar Working Capital Facility Commitment then constitutes of the aggregate Dollar Working Capital Facility Commitments of all Dollar Working Capital Facility Lenders at such time (or, at any time after the Dollar Working Capital Facility Commitments shall have expired or terminated, such Dollar Working Capital Facility Lenders’ Dollar Working Capital Facility Credit Exposure Percentage). “Dollar Working Capital Facility Commitment Period”: the period from and including the Restatement Effective Date to but not including the Dollar Working Capital Facility Commitment Termination Date or such earlier date on which all of the Dollar Working Capital Facility Commitments shall terminate as provided herein. “Dollar Working Capital Facility Commitment Termination Date”: the date that is the fifth anniversary of the Restatement Effective DateApril 27, 2021, or, if such date is not a Business Day, the next preceding Business Day. “Dollar Working Capital Facility Credit Exposure”: as to any Dollar Working Capital Facility Lender at any time, the Available Dollar Working C...
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Dollar Swing Line Loans as follows:
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Dollar Swing Line Loans to the Borrower from time to time during the Revolving Credit Commitment Period in an aggregate principal amount at any one time outstanding not to exceed the Dollar Swing Line Commitment, provided that no Dollar Swing Line Loan shall be required to be made hereunder unless, after giving effect thereto, (i) the Available Revolving Credit Commitment of each Revolving Credit Lender would not be less than zero, (ii) the Aggregate Revolving Credit Outstandings would not exceed the aggregate amount of the Revolving Credit Commitments of all the Revolving Credit Lenders and (iii) the Aggregate Revolving Credit Outstandings would not exceed the Borrowing Base at such time. Amounts borrowed by the Borrower under this subsection 2.6(a) may be repaid and, through but excluding the Revolving Credit Termination Date, reborrowed. All Dollar Swing Line Loans shall be made as Base Rate Loans and shall not be entitled to be converted into Eurocurrency Loans. The Borrower shall give the Dollar Swing Line Lender irrevocable notice (which notice must be received by the Dollar Swing Line Lender prior to 12:00 Noon, Chicago time) on the requested Borrowing Date specifying the amount of the requested Dollar Swing Line Loan which shall be in an amount equal to $500,000 or a whole multiple of $100,000 in excess thereof. The proceeds of each Dollar Swing Line Loan will be made available on the date requested by the Dollar Swing Line Lender to the Borrower by crediting the account of the Borrower as specified in writing by the Borrower to the Administrative Agent with such proceeds in Dollars.
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Dollar Swing Line Loans. The Borrowers may, subject to the terms and conditions of this Agreement, borrow swing line loans denominated in Available Foreign Currencies ("Foreign Currency Swing Line Loans") from any Foreign Currency Swing Line Lender from time to time during the Revolving Credit Commitment Period upon the extension of a Foreign Currency Swing Line Commitment (as hereafter defined) on such terms and conditions as may be agreed to (any such agreement, a "Foreign Currency Swing Line Loan Agreement") by any of the Borrowers and such Foreign Currency Swing Line Lender, including, but not limited to, the applicable Available Foreign Currency, the procedures for the Foreign Currency Swing Line Lender to make the proceeds of such Foreign Currency Swing Line Loans available to such Borrower (including, without limitation, the lending installation from which such Foreign Currency Swing Line Loan is to be made), the applicable interest rate, the manner of calculation of the applicable interest rate, the maximum aggregate principal Dollar Equivalent Amount of Foreign Currency Swing Line Loans that such Foreign Currency Swing Line Lender shall commit to lend to such Borrower in such Available Foreign Currency (such amount, a "Foreign Currency Swing Line Commitment") and the duration of such Foreign Currency Swing Line Commitment, provided that such terms and conditions shall not be inconsistent with the limitations on Foreign Currency Swing Line Commitments and Foreign Currency Swing Line Loans set forth in this subsection and elsewhere in this Agreement. No loan made under a Foreign Currency Swing Line Commitment shall be treated as a Foreign Currency Swing Line Loan for purposes of this Agreement and the other Loan Documents, including, but not limited to, for the purposes of entitling such loans to the benefits of subsection 2.6(e), unless and until (i) the Borrower and the applicable Foreign Currency Swing Line Lender shall have informed the Administrative Agent and the European Swing Line Administrator in writing of the Dollar Equivalent Amount of the Foreign Currency Swing Line Commitment of such Foreign Currency Swing Line Lender and all other terms and conditions thereof and (ii) the European Swing Line Administrator shall have confirmed that the Foreign Currency Swing Line Commitment to be extended (when added to the Dollar Equivalent Amount (calculated in each case on the date such Foreign Currency Swing Line Commitment is originally extended) of all other Foreign Curr...
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Related to Dollar Swing Line Loans

  • Swing Line Loans as defined in Section 2.6.

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

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

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

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

  • 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.

  • 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.

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

  • Revolving Credit Advances has the meaning assigned to such term in Section 2.1.

  • 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.

  • 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.

  • Revolving Credit Loans as defined in Section 2.1.

  • 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 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.

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

  • Revolving Loan Outstandings means, at any time of calculation, (a) the then existing aggregate outstanding principal amount of Revolving Loans, and (b) when used with reference to any single Lender, the then existing outstanding principal amount of Revolving Loans advanced by such Lender.

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

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

  • Swingline Loan Request has the meaning set forth in Section 2.06(b).

  • Swing Loan Commitment means PNC Bank’s commitment to make Swing Loans to the Borrower pursuant to Section 2.1.2 hereof in an aggregate principal amount up to $10,000,000.

  • Revolving Loan Limit means, at any time, the lesser of (a) the Revolving Loan Commitment and (b) the Borrowing Base.