Swing Line Bank definition

Swing Line Bank has the meaning specified in the recital of parties to this Agreement.

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Swing Line Bank means Citibank.

Swing Line Bank means the Initial Swing Line Bank and any Eligible Assignee to which the Swing Line Commitment hereunder has been assigned pursuant to Section 9.07 so long as such Eligible Assignee expressly agrees to perform in accordance with their terms all obligations that by the terms of this Agreement are required to be performed by it as a Swing Line Bank and notifies the Administrative Agent of its Applicable Lending Office and the amount of its Swing Line Commitment (which information shall be recorded by the Administrative Agent in the Register), for so long as such Initial Swing Line Bank or Eligible Assignee, as the case may be, shall have a Swing Line Commitment.

Examples of Swing Line Bank in a sentence

Neither the Administrative Agent nor Swing Line Bank shall be responsible for or have any duty to ascertain or inquire into the sufficiency, validity, enforceability, effectiveness or genuineness of any Loan Document or any other agreement, instrument or document (including, for the avoidance of doubt, in connection with the Administrative Agent’s or Swing Line Bank’s reliance on any Electronic Signature transmitted by telecopy, emailed .pdf or any other electronic means).
In the case of a Revolving Credit Loan, the Administrative Agent shall have received a Loan Request as provided in Section 2.8. In the case of a Swing Line Loan, the applicable Swing Line Bank and the Administrative Agent shall have received a Swing Line Loan Request as provided in Section 2.4(b).
Each Swing Line Bank shall promptly notify the Administrative Agent of any prepayments by the Borrower of interest on the Swing Line Loans made by such Swing Line Bank.
So long as any Bank is a Defaulting Bank, no Swing Line Bank shall be required to fund any Swing Line Loans unless it is satisfied that it will have no Fronting Exposure after giving effect to such Swing Line Loan.
If a Bank shall become a Defaulting Bank at any time that a Swing Line Loan is outstanding, promptly upon the request of the Administrative Agent or the applicable Swing Line Bank, the Borrower shall prepay Swing Line Loans in an amount sufficient to reduce all Fronting Exposure with respect to the Defaulting Bank to zero (after giving effect to Section 2.13.1(iv) and any Cash Collateral provided by the Defaulting Bank).

More Definitions of Swing Line Bank

Swing Line Bank means Bank of America, in its capacity as provider of the Swing Line Loans.

Swing Line Bank means Comerica Bank, in its capacity as lender under Section 2.5 of this Agreement, and its successors and assigns.

Swing Line Bank means Bank One or any other Lender as a successor Swing Line Bank pursuant to the terms hereof.

Swing Line Bank means First Chicago or any other Lender as a successor Swing Line Bank.

Swing Line Bank means JPMorgan or any other Lender as a successor Swing Line Bank pursuant to the terms hereof.

Swing Line Bank means U.S. Bank.

Swing Line Bank means Comerica Bank and its successors and assignees as provided in this Agreement.