Domestic Swing Line Borrowing definition

Domestic Swing Line Borrowing means a borrowing of a Domestic Swing Line Loan pursuant to Section 2.05(a).

Domestic Swing Line Borrowing means a Borrowing consisting or to consist of a Domestic Swing Line Advance.

Examples of Domestic Swing Line Borrowing in a sentence

• Each Domestic Swing Line Borrowing shall be made upon the Company’s irrevocable notice to the Domestic Swing Line Lender and the Administrative Agent, which may be given by telephone.

• Each Domestic Swing Line Borrowing shall be made upon the Domestic Borrower’s irrevocable notice to the Domestic Swing Line Lender and the Domestic Administrative Agent, which may be given by telephone.

• Each Domestic Swing Line Borrowing Notice shall specify the aggregate principal amount of the Domestic Swing Line Borrowing, the date of such Domestic Swing Line Borrowing (which shall be a Business Day), whether a Domestic Transaction Rate Quote is being requested and, if so, the Interest Period to be applicable thereto.

• Each Domestic Swing Line Borrowing shall be made upon the Company’s irrevocable notice to the Domestic Swing Line Lender and the Administrative Agent, which may be given by: (i) telephone or (ii) a Domestic Swing Line Loan Notice; provided that any telephonic notice must be confirmed promptly by delivery to the Domestic Swing Line Lender and the Administrative Agent of a Domestic Swing Line Loan Notice.

• Interface shall immediately inform the Domestic Swing Line Lender (with a copy to the Domestic Agent) of its decision as to whether to accept the Domestic Transaction Rate Quote and to confirm the Domestic Swing Line Borrowing (which may be done by telephone, promptly confirmed in writing, and which decision shall be irrevocable).

• Any Domestic Swing Line Borrowing and any Foreign Swing Line Borrowing, as the context requires.

• The aggregate principal amount of each Domestic Swing Line Borrowing shall be not less than $250,000 or a greater integral multiple of $1,000.

• At no time shall the number of Domestic Swing Line Borrowings outstanding under this Section 3.05 exceed three; provided that, for purposes of determining the number of Domestic Swing Line Borrowings outstanding, all Domestic Swing Line Borrowings consisting of Base Rate Advances shall be considered as one Domestic Swing Line Borrowing.

• Each Domestic Swing Line Borrowing shall be made upon the Company’s irrevocable notice to the Domestic Swing Line Lender and the Administrative Agent, which may be given by: (i) telephone or (ii) a Domestic Swing Line Notice; provided that any telephonic notice must be confirmed promptly by delivery to the Domestic Swing Line Lender and the Administrative Agent of a Domestic Swing Line Notice.

• Each Domestic Swing Line Borrowing shall be made upon the Borrower’s irrevocable notice to the Domestic Swing Line Lender and the Administrative Agent, which may be given by telephone.