Line Loans definition

Line Loans. As defined in Section 2.1(a) of this Agreement.
Sample 1Sample 2Sample 3
Line Loans means the Loans described in Section 2.1(b).
Sample 1
Line Loans means the loans by the Swing Line Bank to the Borrower under S ection 2.1(b).
Sample 1

Examples of Line Loans in a sentence

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

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

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

  • If Bank of America resigns as Swing Line Lender, it shall retain all the rights of the Swing Line Lender provided for hereunder with respect to Swing Line Loans made by it and outstanding as of the effective date of such resignation, including the right to require the Lenders to make Base Rate Loans or fund risk participations in outstanding Swing Line Loans pursuant to Section 2.04(c).

  • The obligations of the Lenders hereunder to make Committed Loans, to fund participations in Letters of Credit and Swing Line Loans and to make payments pursuant to Section 10.04(c) are several and not joint.

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

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

  • The Swing Line Lender shall be responsible for invoicing the Borrowers for interest on the Swing Line Loans.

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

  • The obligations of the Lenders hereunder to make Loans, to fund participations in Letters of Credit and Swing Line Loans and to make payments pursuant to Section 11.04(c) are several and not joint.


More Definitions of Line Loans

Line Loans has not been so cured) whose Combined Pro Rata Shares represent greater than fifty percent (50%) of the aggregate Combined Pro Rata Shares of such Facility Lenders; provided further, however, that, if the Commitments or the "Commitments" under the Five-Year Credit Agreement have been terminated pursuant to the terms of this Agreement or the Five-Year Credit Agreement (as applicable), "Required Lenders" means Facility Lenders (without regard to any of the Facility Lenders' performance of their respective obligations under the Three-Year Credit Agreement) whose aggregate ratable shares (stated as a percentage) of the aggregate outstanding principal balance of the sum of (x) all "Loans and L/C Obligations" under the Three-Year Credit Agreement and (y) all L/C Obligations are greater than fifty percent (50%).
Sample 1
Line Loans means, collectively, all the Swing Line Loans, and “Swing Line Loan” means, separately, any Swing Line Loan, made by the Swing Line Lender to the Borrowers pursuant to Section 2.19 hereof.
Sample 1
Line Loans means the loans by the Swing Line Bank to the Borrowers under S ection 2.1(b), and shall include all “Swing Line Loans” that were outstanding under the Existing Credit Agreement as of the Closing Date.
Sample 1
Line Loans has the meaning assigned to such term in the recitals hereof.
Sample 1
Line Loans is hereby deleted in its entirety.
Sample 1

Related to Line Loans

  • Swing Line Loans as defined in Section 2.6.

  • Swingline Loans as defined in Section 2.6.

  • Swing Loans means collectively and “Swing Loan” shall mean separately all Swing Loans or any Swing Loan made by the Swingline Lender to the Borrower pursuant to Section 2.6.3 [Making Swing Loans].

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

  • Swingline The facility pursuant to which the SwingLine Lender may advance Revolving Credit Loans aggregating up to the SwingLine Loan Ceiling.

  • Swingline Loan Note a promissory note in the form of Exhibit H-2, as it may be amended, supplemented or otherwise modified from time to time.

  • 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.

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

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

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

  • Refunded Swingline Loans as defined in Section 2.7(b).

  • Swing Line Loan Commitment means the commitment of Swing Line Lender to make Swing Line Loans to Company pursuant to subsection 2.1A(iii).

  • 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.

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

  • Swingline Lenders means JPMorgan Chase Bank and any other Lender that agrees to act as a Swingline Lender, each in its capacity as a lender of Swingline Loans hereunder.

  • Revolving Loans as defined in Section 2.4(a).

  • Revolving Credit Loans as defined in Section 2.1.

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

  • Swingline Advance means an advance made by the Swingline Lender, if any, to the Borrower pursuant to Section 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 Loan Lender means PNC, in its capacity as lender of the Swing Loans.

  • Swingline Loan Notice means a notice of a Swingline Borrowing pursuant to Section 2.04(b), which shall be substantially in the form of Exhibit J or such other form as approved by the Administrative Agent (including any form on an electronic platform or electronic transmission system as shall be approved by the Administrative Agent), appropriately completed and signed by a Responsible Officer of the Borrower.

  • Swing Loan Note means the Swing Loan Note of the Borrower in the form of Exhibit 1.1(S) evidencing the Swing Loans, together with all amendments, extensions, renewals, replacements, refinancings or refundings thereof in whole or in part.

  • 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.

  • Revolving Credit Obligations means, at any particular time, the sum of (i) the outstanding principal amount of the Revolving Loans at such time, plus (ii) the outstanding principal amount of the Swing Line Loans at such time, plus (iii) the outstanding L/C Obligations at such time.

  • Swing Lender means Xxxxx Fargo or any other Lender that, at the request of Borrowers and with the consent of Agent agrees, in such Lender’s sole discretion, to become the Swing Lender under Section 2.3(b) of the Agreement.