Examples of German Swingline Loan in a sentence
If, due to an Insolvency Proceeding with respect to a Borrower or otherwise, any German Swingline Loan may not be settled among the German Lenders hereunder, then each German Lender shall be deemed to have purchased from Agent a Pro Rata participation in such Loan and shall transfer the amount of such participation to Agent, in immediately available funds, within one Business Day after Agent’s request therefore.
The Swingline Lender may by written notice given to the Administrative Agent not later than (i) in the case of a US Swingline Loan, 2:00 p.m., New York City time and (ii) in the case of a German Swingline Loan, 1.00 p.m., Berlin time, on any Business Day require the Lenders to acquire participations on such Business Day in all or a portion of the Swingline Loans outstanding.
Each German Swingline Loan shall be made in and denominated only in Dollars, and shall constitute a German Base Rate Loan for all purposes, except that payments thereon shall be made to Agent for its own account.
German Swingline Loan: any Borrowing of German Base Rate Loans funded with Agent’s funds, until such Borrowing is settled among the German Lenders or repaid by the German Borrower.
To request a German Swingline Loan, a German Authorized Person of a German Borrower shall notify the German Swingline Lender of such request by telephone or telecopy, not later than 11:00 a.m., Frankfurt time (which telephonic request shall be confirmed promptly thereafter by such German Borrower by telecopy), on the day of a proposed German Swingline Loan.
Each such notice shall be irrevocable and shall specify the requested date (which shall be a Business Day) and amount of the requested German Swingline Loan.
These questions only had a very limited text response that would not be meaningful to analyze statistically.
The age will be reckoned as on 01-07-2023.Note: The upper age limit is raised upto 10 years [i.e.] from 34 years to 44 years as per the G.O.Ms.No.42, GAD(Ser.A), dtd.19-03-2022, as adopted by the TSGENCO vide TGOO.No.43/CGM(Adm)/2022, dtd.24-06-2022.