Examples of Swing Line Amount in a sentence
Each Swing Line Lender must consent to any increase in the Maximum Swing Line Amount.
Any such partial reduction of the Maximum Committed Credit Amount shall also effect a like reduction in the Maximum Credit Amount and, to the extent that the Maximum Committed Credit Amount is reduced to an amount less than the Swing Line Amount, a like reduction in the Swing Line Amount.
The basic model’s several shortcomings, most notably its inherent assumption of independence from irrelevant alternatives (IIA) have motivated researchers to develop a variety of alternative formulations.
Unless such Affected Lender is replaced pursuant to Subsection 15.15.2, the Swing Line Amount and the Total Revolving Commitment shall reduce by the respective amounts of the reduction in such Affected Lender's Swing Line Commitment and Revolving Commitment.
If and each time the Swing Line Lender determines (which determination shall be conclusive and bind the Borrower, absent manifest error) that the Outstanding Amount of all Advances under the Swing Line exceeds the Swing Line Amount by reason of fluctuations in exchange rates, the Swing Line Lender may request (or if such excess is more than five percent (5%) of the Swing Line Amount shall request) the Borrower to repay the entire excess.