Subsidiary Swing Line Borrower Sublimit definition

Subsidiary Swing Line Borrower Sublimit means, subject to the first sentence of subsection 11.1(a), the amounts set forth opposite such Subsidiary's (or, in the case of the UK Swing Line Borrowers, their collective) name in the table below (it being understood that for the UK Swing Line Borrowers the amount is an aggregate sublimit for all of them together), as adjusted pursuant to subsection 2.6(a): =============================================================================== Name of Subsidiary(ies) Units of Applicable Currency ------------------------------------------------------------------------------- German Subsidiary DM 18.0 million ------------------------------------------------------------------------------- Xxxxxxx-Xxxxxx S.A., Veroflay FF 11.0 million ------------------------------------------------------------------------------- Xxxxxxx-Xxxxxx K.K., Takarazuka 175.0 million Japanese Yen ------------------------------------------------------------------------------- M-T GmbH CHF 13.0 million ------------------------------------------------------------------------------- UK Swing Line Borrowers 5.0 million Pounds Sterling =============================================================================== Substitute Lender -- see Section 2.22. Supermajority Lenders means Non-Defaulting Lenders then holding at least 66-2/3% of the sum of (i) the then aggregate unused amount of the Commitments of the Non-Defaulting Lenders, plus (ii) the then aggregate unpaid Dollar Equivalent principal amount of the Loans of the Non-Defaulting Lenders, plus (iii) (without duplication) the then aggregate Effective Amount of the L/C Obligations of the Non-Defaulting Lenders. For purposes of determining whether the Supermajority Lenders have approved any amendment, waiver or consent or taken any other action hereunder, the Dollar Equivalent amount of all Canadian Loans and all Offshore Currency Loans shall be calculated on the date immediately preceding the date such amendment, waiver or consent is to become effective or such action is to be taken.
Sample 1
Subsidiary Swing Line Borrower Sublimit means the amounts set forth opposite such Subsidiary's (or, in the case of the UK Swing Line Borrowers, their collective) name in the table below (it being understood that for the UK Swing Line Borrowers the amount is an aggregate sublimit for all of them together), as adjusted pursuant to subsection 2.6(a): Name of Subsidiary(ies) Units of Applicable Currency ------------------------------------ -------------------------------------- German Subsidiary DM 18.0 million Mxxxxxx-Xxxxxx S.A., Veroflay FF 11.0 million Mxxxxxx-Xxxxxx K.K., Takarazuka 175.0 million Japanese Yen M-T GmbH CHF 13.0 million UK Swing Line Borrowers 5.0 million Pounds Sterling Substitute Lender - see Section 2.22.
Sample 1
Subsidiary Swing Line Borrower Sublimit means the Dollar Equivalent amounts set forth opposite such Subsidiary's name in the table below: ================================================================================ Name of Subsidiary U.S.$ ================================================================================ Xxxxxxx Automation GmbH, Giessen -------------------------------------------------------------------------------- Xxxxxxx-Xxxxxx GmbH, Giessen -------------------------------------------------------------------------------- Xxxxxxx-Xxxxxx S.A., Veroflay -------------------------------------------------------------------------------- Xxxxxxx-Xxxxxx K.K., Takarazuka -------------------------------------------------------------------------------- Xxxxxxx-Xxxxxx B.V., Tiel -------------------------------------------------------------------------------- Xxxxxxx-Xxxxxx (Albstadt) GmbH, Albstadt -------------------------------------------------------------------------------- Xxxxxxx-Xxxxxx AG, Greifensee ================================================================================
Sample 1

Examples of Subsidiary Swing Line Borrower Sublimit in a sentence

  • Notwithstanding any other provision of this Agreement, if any Swing Line Lender shall have made Swing Line Loans to a Subsidiary Swing Line Borrower in excess of the applicable Subsidiary Swing Line Borrower Sublimit of such Subsidiary Swing Line Borrower (or, with respect to M-T AG, in excess of the CHF Equivalent of the Subsidiary Swing Line Borrower Sublimit of M-T AG), no Lender shall have any obligation to make a Revolving Loan with respect to such excess.

  • Any Revolving Loan made under Section 2.18 shall be made by each Revolving Facility Lender in an amount equal to its Pro Rata Share of the Revolving Loan made thereunder, provided that no Revolving Facility Lender need make such a Revolving Loan to the extent that the aggregate amount of Swing Line Loans made to any Subsidiary Swing Line Borrower exceeds such Subsidiary Swing Line Borrower's Subsidiary Swing Line Borrower Sublimit.

Related to Subsidiary Swing Line Borrower Sublimit

  • Swing Line Borrowing Notice is defined in Section 2.4.2.

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

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

  • Swing Line Commitment the obligation of the Swing Line Lender to make Swing Line Loans pursuant to Section 2.6 in an aggregate principal amount at any one time outstanding not to exceed $10,000,000.

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

  • Swingline Committed Amount means the amount of the Swingline Lender’s Swingline Commitment as specified in Section 2.4(a).

  • Notice of Swing Line Borrowing has the meaning specified in Section 2.02(b).

  • L/C Sublimit means an amount equal to $5,000,000. The L/C Sublimit is part of, and not in addition to, the Aggregate Commitments.

  • Borrowing Limit has the meaning set forth in Section 1.1(a)(i).

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

  • 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.

  • Refunded Swing Line Loan has the meaning ascribed to it in Section 1.1(c)(iii).

  • L/C Issuer Sublimit means with respect to each L/C Issuer, such amount as may be separately agreed between such L/C Issuer and the Borrower from time to time (with specific notice of such amount, and any change thereto, with respect to each L/C Issuer being promptly communicated to the Administrative Agent), provided that the L/C Issuer Sublimit with respect to any Person that ceases to be an L/C Issuer for any reason pursuant to the terms hereof shall be $0 (subject to the Letters of Credit of such Person remaining outstanding in accordance with the provisions hereof).

  • Swing Line Loans as defined in Section 2.6.

  • Letter of Credit Sublimit means an amount equal to the lesser of (a) the Aggregate Revolving Commitments and (b) $25,000,000. The Letter of Credit Sublimit is part of, and not in addition to, the Aggregate Revolving Commitments.

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

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

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

  • Alternative Currency Sublimit means an amount equal to the lesser of the Aggregate Commitments and $50,000,000. The Alternative Currency Sublimit is part of, and not in addition to, the Aggregate Commitments.

  • Swingline Commitment the obligation of the Swingline Lender to make Swingline Loans pursuant to Section 2.6 in an aggregate principal amount at any one time outstanding not to exceed $10,000,000.

  • 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.

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

  • LC Sublimit means $500,000,000.

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

  • Revolving Loan Limit means, at any time, the lesser of (a) the Revolving Loan Commitment and (b) the Borrowing Base.