Facility A Swingline Loan definition

Facility A Swingline Loan has the meaning assigned to such term in Section 2.05(a)(i).
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Facility A Swingline Loan means a Loan made under Facility A pursuant to Section 2.05A.
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Examples of Facility A Swingline Loan in a sentence

  • Each Facility A Swingline Loan shall be subject to all the terms and conditions applicable to other ABR Loans funded by the Facility A Lenders, except that all payments thereon shall be payable to the US Swingline Lender solely for its own account.

  • Each Facility A Swingline Loan shall be subject to all the terms and conditions applicable to other ABR Loans funded by the Facility A Lenders, except that all payments thereon shall be payable to the Swingline Lender solely for its own account.

  • Each Facility A Swingline Loan and each Canadian Swingline Loan denominated in dollars shall be an ABR Loan, each Canadian Swingline Loan denominated in Canadian Dollars shall be a Canadian Prime Rate Loan, and each Facility B Swingline Loan other than a Canadian Swingline Loan shall be an Overnight LIBO Loan.

  • Each Facility A Swingline Loan shall be in an amount that is an integral multiple of US$50,000 and not less than US$250,000 and each Facility B Swingline Loan shall be in an amount that is an integral multiple of Y5,000,000 and not less than Y25,000,000.

  • The Applicable Agent shall notify the applicable Borrower of any participations in any Facility A Swingline Loan acquired pursuant to this paragraph, and thereafter payments in respect of such Facility A Swingline Loan shall be made to the Applicable Agent and not to the Facility A Swingline Lender.

  • The purchase of participations in a Facility A Swingline Loan pursuant to this paragraph shall not relieve the applicable Borrower of any default in the payment thereof.

  • The Facility A Swingline Lender shall make each Facility A Swingline Loan available to the applicable Borrower by means of a credit to the general deposit account of the applicable Borrower with the Applicable Agent by 3:00 p.m., New York time, on the requested date of such Facility A Swingline Loan.

  • Each Facility A Swingline Loan shall be a Money Market Rate Loan or an ABR Loan and each Facility B Swingline Loan shall be a Yen Base Rate Loan or a Eurocurrency Loan, in each case, as the Borrowers may request in accordance herewith.