Multicurrency Swingline Loans definition

Multicurrency Swingline Loans as defined in Section 2.6(b).
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Multicurrency Swingline Loans have the meanings specified in Section 2.3(c).
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Examples of Multicurrency Swingline Loans in a sentence

  • The Dollar Amount of the aggregate amount of Dollar Swingline Loans and Multicurrency Swingline Loans outstanding at any time shall not exceed $15,000,000.

  • The eligibility of any such Foreign Subsidiary to borrow Multicurrency Revolving Loans or Multicurrency Swingline Loans or to have Multicurrency Letters of Credit issued for its account under such Sections shall terminate when the Administrative Agent receives an Election to Terminate with respect to such Foreign Subsidiary.

  • This Multicurrency Swingline Note is issued to evidence the Multicurrency Swingline Loans made by the Swingline Lender pursuant to the Credit Agreement.

  • The Parent Borrower may from time to time cause any Foreign Subsidiary to become eligible to borrow Multicurrency Revolving Loans or Multicurrency Swingline Loans under Sections 2.01(d) and 2.04(a) or to have Multicurrency Letters of Credit issued for its account under Section 2.05 by delivering to the Administrative Agent an Election to Participate with respect to such Foreign Subsidiary.

  • For purposes of determining the available Multicurrency Revolving Credit Commitments of the relevant Lenders at any time (but subject to the last sentence of Section 2.05(a)(ii)), each outstanding Multicurrency Swingline Loan shall be deemed to have utilized the relevant Multicurrency Revolving Credit Commitments of such Lenders (including those Lenders which shall not have made Multicurrency Swingline Loans) pro rata in accordance with such respective Multicurrency Revolving Credit Commitments.

  • Subject to and on the terms and conditions of this Agreement, each Borrower may borrow, repay (including by means of a Borrowing of Multicurrency Revolving Loans pursuant to Section 2.2(e)) and reborrow Multicurrency Swingline Loans.

  • Subject to and on the terms and conditions of this Agreement, the Borrower may borrow, repay (including by means of a Borrowing of Multicurrency Revolving Loans pursuant to Section 2.2(e)) and reborrow Multicurrency Swingline Loans.

  • Within the foregoing limits, the Borrower may borrow, pay or prepay and reborrow Swingline Loans hereunder and the Borrower may borrow, pay or prepay and reborrow Multicurrency Swingline Loans hereunder, in each case, subject to the terms, conditions and limitations set forth herein.

  • This Multicurrency Swingline Note is non-negotiable and non-transferable and any interest in the Multicurrency Swingline Loans evidenced by this Multicurrency Swingline Note may only be transferred or assigned in accordance with the terms of the Credit Agreement.

  • Notwithstanding anything to the contrary contained herein or in any other Credit Document, no Multicurrency Swingline Loans shall be made to the Subsidiary Borrower on and after the Third Amendment Effective Date.

Related to Multicurrency Swingline Loans

  • Swingline Loans as defined in Section 2.6.

  • U.S. Swingline Loan means a Loan made pursuant to Section 2.04 as a “U.S. Swingline Loan.”

  • Canadian Swingline Loan means any Loan made by the Canadian Swingline Lender pursuant to Section 2.12.

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

  • Revolving Credit Loans as defined in Section 2.1.

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

  • 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.

  • Revolving Loans shall have the meaning assigned to such term in Section 2.1(a).

  • 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.

  • 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.

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

  • U.S. Swingline Lender means JPMorgan Chase Bank, N.A., in its capacity as lender of U.S. Swingline Loans hereunder.

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

  • Revolving Loan Notes means the promissory notes of the Borrower provided pursuant to Section 2.1(e) in favor of any of the Revolving Lenders evidencing the Revolving Loan provided by any such Revolving Lender pursuant to Section 2.1(a), individually or collectively, as appropriate, as such promissory notes may be amended, modified, extended, restated, replaced, or supplemented from time to time.

  • Swingline Facility means the swingline facility established pursuant to Section 2.2.

  • Swingline Loan means a Loan made pursuant to Section 2.04.

  • Swing Line Loans as defined in Section 2.6.

  • Swing Loans each is defined in Section 1.7 hereof.

  • Revolving Facility Loans shall include the Other Revolving Loans.

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment or a Revolving Loan.

  • 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.

  • Canadian Revolving Loan means Loans made by a Lender in respect of its Canadian Revolving Commitment to the U.S. Borrower pursuant to Section 2.02(c) and/or Section 2.24.