Notice of Swing Line Loan Refunding definition

Notice of Swing Line Loan Refunding shall have the meaning provided in Section 2.1B(1) hereof.
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Examples of Notice of Swing Line Loan Refunding in a sentence

  • The proceeds of such Revolving Loans shall be made immediately available to the Swing Line Lender and applied by it to repay the principal amount of the Swing Line Loans to which such Notice of Swing Line Loan Refunding relates.

  • Promptly upon receipt of a Notice of Swing Line Loan Refunding, the Agent shall give notice of the contents thereof to the Banks with Commitments and, unless an Event of Default specified in Section 7.11 in respect of Borrower has occurred, to Borrower.

  • The access to ―seed money‖ in the form of grants from universities, companies or governments is also helpful.

  • Each such Notice of Swing Line Loan Refunding shall be deemed to constitute delivery by Borrower under such Swing Line Loan of a Notice of Loan requesting Revolving Loans consisting of Daily LIBORSimple SOFR Loans in the amount of the Swing Line Loan to which it relates.

  • Each such Notice of Swing Line Loan Refunding shall be deemed to constitute delivery by Borrower under such Swing Line Loan of a Notice of Loan requesting Revolving Loans consisting of Daily LIBOR Loans in the amount of theSwing Line Loan to which it relates.

  • Each Lender with a Revolving Commitment (including the Swing Line Lender) hereby unconditionally agrees (notwithstanding that any of the conditions specified in Section 4.02 or elsewhere in this Agreement shall not have been satisfied, but subject to the provisions of paragraph (d) below) to make a Revolving Loan to the Borrower in the amount of such Lender’s Revolving Facility Percentage of the aggregate amount of the Swing Line Loans to which such Notice of Swing Line Loan Refunding relates.

  • Promptly upon receipt of a Notice of Swing Line Loan Refunding, the Administrative Agent shall give notice of the contents thereof to the Lenders with Revolving Commitments.

  • Each Bank with a Revolving Credit Commitment (including the Swing Line Lender) hereby unconditionally agrees (notwithstanding that any of the conditions specified in Section 2.2 or elsewhere in this Agreement shall not have been satisfied, but subject to the provisions of paragraph (c) below) to make a Revolving Loan to Borrower in the amount of such Bank’s Commitment Percentage of the aggregate amount of the Swing Line Loans to which such Notice of Swing Line Loan Refunding relates.

  • Each such Lender shall make the amount of such Revolving Loan available to the Administrative Agent in immediately available funds at the Payment Office not later than 2:00 P.M. (local time at the Payment Office) on the third (3rd) Business Day after a Notice of Swing Line Loan Refunding.

Related to Notice of Swing Line Loan Refunding

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

  • Swing Line Borrowing means a borrowing of a Swing Line Loan pursuant to Section 2.04.

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

  • Swing Line Facility means the revolving credit facility made available by the Swing Line Lender pursuant to Section 2.04.

  • Notice of Borrowing has the meaning specified in Section 2.02(a).

  • Swing Line Note means a promissory note of the Borrower payable to the Swing Line Lender or its registered assigns, in substantially the form of Exhibit D-3 hereto, evidencing the aggregate Indebtedness of the Borrower to the Swing Line Lender resulting from the Swing Line Loans.

  • Borrowing Notice is defined in Section 2.8.