Swing Line Amount definition

Swing Line Amount means the maximum amount of Swing Line Loans made or to be made by the Swing Line Lender to the Borrowers hereunder, which shall be $75,000,000."
Swing Line Amount means Cdn.$10,000,000 as such amount may be reduced from time to time pursuant to the provisions of this Agreement;
Swing Line Amount means $50,000,000.

Examples of Swing Line Amount in a sentence

  • 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.

  • Each Swing Line Lender must consent to any increase in the Maximum 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.

  • 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.

  • The Swing Line Lender shall not permitted to make any Swing Line Loan if, after giving effect thereto, (a) the aggregate amount of all Swing Line Loans outstanding would exceed the Swing Line Amount or (b) the aggregate Credit Exposures of all Lenders would exceed the lesser of (i) the Loan Commitment Amount and (ii) the Borrowing Base then in effect.


More Definitions of Swing Line Amount

Swing Line Amount. $50,000,000. -----------------
Swing Line Amount means CAD2,000,000, as such amount may be modified from time to time pursuant to the provisions of this Agreement.
Swing Line Amount means the lesser of (a) $7,500,000 and (b) the Revolving Commitment Amount. The Swing Line Amount is a subset of the Revolving Commitment Amount and does not provide additional availability hereunder. Swing Line Lender means LaSalle. Swing Line Loan - see Section 2.2.4.
Swing Line Amount. $75,000,000. ----------------- (e) Section 1.01 of the New Credit Agreement shall contain the following additional definition:
Swing Line Amount contained in Section 1.1 thereof and substituting in lieu thereof the following:
Swing Line Amount means $75,000,000."
Swing Line Amount means the maximum amount of Swing Line Loans made or to be made by the Swing line Lender to the Borrowers hereunder, which shall be $50,000,000."