Multicurrency Swing Line Loans definition

Multicurrency Swing Line Loans as defined in Section 2.3(b).
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Multicurrency Swing Line Loans means a Domestic Swing Line Loan, an Australian Swing Line Loan or a European Swing Line Loan, or all three, as appropriate.
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Multicurrency Swing Line Loans as defined in Section 2.3(b). “Multicurrency Swing Line Participation Amount”: as defined in Section 2.6(b)(ii). “Multicurrency Working Capital Facility”: the Multicurrency Working Capital Facility Commitments and the extensions of credit thereunder. “Multicurrency Working Capital Facility Commitment”: at any date, as to any Multicurrency Working Capital Facility Lender, the obligation of such Multicurrency Working Capital Facility Lender to make Multicurrency Working Capital Facility Loans to the Borrowers pursuant to Section 2.1(b) and to participate in Multicurrency Swing Line Loans and Multicurrency 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 Multicurrency Working Capital Facility Lender’s name on Schedule 1.0 under the caption “Multicurrency Working Capital Facility Commitment” or, as the case may be, in the Assignment and Acceptance pursuant to which such Multicurrency 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 SecondThird Amendment Effective Date, the original aggregate amount of the Multicurrency Working Capital Facility Commitments is $96,600,000.00100,000,000.00. “Multicurrency Working Capital Facility Commitment Percentage”: as to any Multicurrency Working Capital Facility Lender at any time, the percentage which such Multicurrency Working Capital Facility Lender’s Multicurrency Working Capital Facility Commitment then constitutes of the aggregate Multicurrency Working Capital Facility Commitments of all Multicurrency Working Capital Facility Lenders at such time (or, at any time after the Multicurrency Working Capital Facility Commitments shall have expired or terminated,
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Examples of Multicurrency Swing Line Loans in a sentence

  • Each Prime Rate Loan (including Multicurrency Swing Line Loans denominated in Canadian Dollars) shall bear interest at a rate per annum equal to the Prime Rate plus the Applicable Margin.

  • The proceeds of such Multicurrency Revolving Loans shall be immediately applied to repay the Refunded Multicurrency Swing Line Loans.

  • Each Borrowing of Multicurrency Swing Line Loans shall be in an amount not less than an Original Dollar Amount of $500,000.

  • All Multicurrency Swing Line Loans shall bear interest at such other rate as shall be agreed to between the applicable Borrower and the Swing Line Bank at the time of the making of such Swing Line Loans.

  • The power set of S, that is, the set of subsets of X, is represented by 2X.

  • If the amount of such prepayment by any Borrower is greater than the outstanding amount of such Borrower’s Multicurrency Swing Line Loans and Multicurrency Working Capital Facility Loans that are Base Rate Loans or Prime Rate Loans at the time such prepayment is made, the Administrative Agent or Canadian Agent, as applicable, shall promptly remit the excess to such Borrower.

  • All amounts required to be paid pursuant to Section 2.05(b)(i) shall be applied first, ratably to the L/C Borrowings and the Multicurrency Swing Line Loans, second, to the outstanding Multicurrency Revolving Loans, and, third, to Cash Collateralize the remaining L/C Obligations.

  • All U.S. Multicurrency Swing Line Loans and all other amounts owed hereunder with respect to the U.S. Multicurrency Swing Line Loans shall be paid in full on the earlier of (i) the date which is five (5) Business Days after the incurrence thereof and (ii) the U.S. Multicurrency Revolving Commitment Termination Date.

  • As provided in (x) Section 2.2 hereof, in the case of Committed Revolving Loans and Term Loans, (y) Section 3.3 hereof, in the case of Domestic Swing Line Loans, and (z) Section 4.2 hereof, in the case of Multicurrency Swing Line Loans, at the time of each request for the Borrowing of Loans hereunder (other than Domestic Rate Loans) the Company (acting on behalf of the applicable Borrower) shall select the Interest Period applicable to such Loans from among the available options.

  • For the avoidance of doubt, the Outstanding Amount of Multicurrency Swing Line Loans shall not be counted towards or considered usage of the Aggregate Multicurrency Revolving Commitments for purposes of determining the Multicurrency Commitment Fee.


More Definitions of Multicurrency Swing Line Loans

Multicurrency Swing Line Loans as defined in Section 2.3(b). “Multicurrency Swing Line Participation Amount”: as defined in Section 2.6(b)(ii). “Multicurrency Working Capital Facility”: the Multicurrency Working Capital Facility Commitments and the extensions of credit thereunder. “Multicurrency Working Capital Facility Commitment”: at any date, as to any Multicurrency Working Capital Facility Lender, the obligation of such Multicurrency Working Capital Facility Lender to make Multicurrency Working Capital Facility Loans to the Borrowers USActive 56005294.156005294.9 -80-
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Multicurrency Swing Line Loans means, collectively, the loans made to the Multicurrency Borrowers by the Multicurrency Swing Line Lender pursuant to Section 3.05.
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Multicurrency Swing Line Loans means, collectively, the loans made to the Multicurrency Borrowers by the Multicurrency Swing Line Lender pursuant to Section 4.05.
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Related to Multicurrency Swing Line Loans

  • Swing Line Loans as defined in Section 2.6.

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

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

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

  • 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.

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

  • 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.

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

  • Revolving Credit Loans as defined in Section 2.1.

  • Multicurrency LC Exposure means, at any time, the sum of (a) the aggregate undrawn amount of all outstanding Multicurrency Letters of Credit at such time plus (b) the aggregate amount of all LC Disbursements in respect of such Letters of Credit that have not yet been reimbursed by or on behalf of the Borrower at such time. The Multicurrency LC Exposure of any Lender at any time shall be its Applicable Multicurrency Percentage of the total Multicurrency LC Exposure at such time.

  • Swingline Loans as defined in Section 2.6.

  • 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.

  • 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.

  • Revolving Credit Loan has the meaning specified in Section 2.01(b).

  • Multicurrency Loan means a Loan denominated in Dollars or an Agreed Foreign Currency.

  • 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.

  • 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).

  • 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 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).

  • 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.

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

  • Revolving Multicurrency 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 Multicurrency Commitments.

  • 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].

  • Swingline Advance means an advance made by the Swingline Lender, if any, to the Borrower pursuant to Section 2.