Swing Line Advances definition

Swing Line Advances shall have the meaning set forth in Section 2.3(a).

Swing Line Advances has the meaning given it in Section 2.4.

Swing Line Advances mean loans made by a Swing Line Lender to Borrower or the Co-Borrowers pursuant to Section 2.7.

Examples of Swing Line Advances in a sentence

• Principal and interest on Swing Line Advances requested, or deemed requested, pursuant to this Section shall be paid pursuant to the terms and conditions of the Sweep Agreement without any deduction, setoff or counterclaim whatsoever.

• At any time during which the “Sweep to Loan” system is in effect, Swing Line Advances shall be advanced to fund borrowing needs pursuant to the terms of the Sweep Agreement.

• Any payments made pursuant to this Section shall be applied first to outstanding Base Rate Advances under the Revolving Credit, next to Swing Line Advances carried at the Base Rate and then to Eurodollar-based Advances of the Revolving Credit, and then to Swing Line Advances carried at the Quoted Rate.

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

• If an AutoBorrow Agreement is in effect, each prepayment of Swing Line Advances shall be made as provided in such AutoBorrow Agreement.

More Definitions of Swing Line Advances

Swing Line Advances means Advances made by the Swing Line Lenders to any of the Borrowers pursuant to Section 2.5.

Swing Line Advances has the meaning specified in subsection 2.03(a).

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

Swing Line Advances means a Prime Rate Advance, a US Base Rate Advance or the issuance of a Letter of Credit (in the latter case, subject to prior notice as required by the Swing Line Lender in accordance with its normal practice) under the Revolving Facility by the Swing Line Lender to the Borrower in an aggregate principal amount outstanding at any time not exceeding the Swing Line Commitment. All Swing Line Advances are available only by way of Prime Rate Advances, US Base Rate Advances or the issuance of Letters of Credit, and may not be converted into any other form of borrowing.

Swing Line Advances means Borrowings initially funded by BofA ------------------- in the manner provided in Section 3.1(h). --------------

Swing Line Advances is defined in SECTION 2.01(B).

Swing Line Advances means Advances made only by way of Overdrafts under the Credit Facility and made only by the Swing Line Lender, all in accordance with Section 2.11 and without participation by any other Lenders (except as contemplated in Sections 2.11(d) and 2.11(e)).