Swing Line Borrowers definition

Swing Line Borrowers means US Borrower and the Subsidiary Swing Line Borrowers.
Sample 1Sample 2Sample 3
Swing Line Borrowers with respect to Swing Line Loans, the Domestic Borrowers, the French Borrower, the German Borrower, the Japanese Borrower and the Sterling Borrower; each a "Swing Line Borrower".
Sample 1
Swing Line Borrowers means IPI (the "CANADIAN SWING LINE BORROWER") for Advances in Cdn. Dollars, and IPC (the "AMERICAN SWING LINE BORROWER") for Advances in US Dollars;
Sample 1

Examples of Swing Line Borrowers in a sentence

  • The Administrative Agent and the Swing Line Lenders acknowledge that the funding provisions in respect of the Swing Line Commitments are material terms of this Agreement and that it is of importance to the Swing Line Borrowers that the funding of Swing Line Loans be made in a timely and efficient manner.

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

  • The Companies shall ----------------------------------------- deliver to the International Swing Line Banks, as soon as practicable but no later than 30 days after the Closing Date, a release in form reasonably acceptable to the International Swing Line Banks, executed and delivered by each of the Companies and the International Swing Line Borrowers (as defined in the International Swing Line Agreement).

  • Swing Line Advances may be made or drawn by way of overdrafts on the relevant Swing Line Borrower's account with the relevant Swing Line Lender or by way of irrevocable same Business Day telephone notice to the Swing Line Lender at or before 11:00 a.m. New York time followed by the delivery on the same day of a written notice of confirmation.

  • Within the foregoing limits, and subject to the other terms and conditions hereof, the Company and such Domestic Subsidiary Swing Line Borrowers may borrow under this Section 2.04, prepay under Section 2.05, and reborrow under this Section 2.04.

  • 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.

  • Subject to the terms of this Agreement, and any applicable Alternate Currency Addendum, the Swing Line Borrowers may borrow, repay and reborrow Swing Line Loans at any time prior to the Termination Date.

  • Such Subsidiary Swing Line Borrower's execution and delivery of the Loan Documents to which it is a party constitute, and the exercise of its rights and performance of and compliance with its obligations under such Loan Documents will constitute, private and commercial acts done and performed for private and commercial purposes.

  • On the Closing Date, this Agreement shall have been duly authorized, executed and delivered to the Lenders by the Borrowers and the Subsidiary Swing Line Borrowers in form and substance acceptable to the Agents and the Lenders.

  • At the time of each assignment pursuant to this subsection 11.8(b) to a Person which is not already a Lender hereunder within the same Facility, the Assignee shall provide to the Borrowers, the Subsidiary Swing Line Borrowers and the Administrative Agent the appropriate forms and certificates described in subsection 4.1(f) (except to the extent expressly provided otherwise).

Related to Swing Line Borrowers

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

  • Swing Line Borrowing Notice is defined in Section 2.4.2.

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

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

  • Swing Line Lender means Bank of America in its capacity as provider of Swing Line Loans, or any successor swing line lender hereunder.

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

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

  • Swing Line Loans as defined in Section 2.6.

  • Swingline Borrowing Request means a request by a Borrower substantially in the form of Exhibit C-2.

  • Swing Line Loan Notice means a notice of a Swing Line Borrowing pursuant to Section 2.04(b), which, if in writing, shall be substantially in the form of Exhibit B.

  • Swing Line Advance means an advance made by (a) the Swing Line Bank pursuant to Section 2.01(c) or (b) any Lender pursuant to Section 2.02(b).

  • 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.

  • Swing Line Lenders means each of the Lenders that has a Swing Line Commitment on Schedule 2.1 hereto, or any successor swing line lender hereunder.

  • Swingline Loan Request has the meaning set forth in Section 2.06(b).

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

  • Notice of Swingline Borrowing shall have the meaning set forth in Section 2.4.

  • Swing Line Note means the promissory note of the Borrowers substantially in the form of Exhibit C-2, payable to the order of the Swing Line Lender, evidencing the Swing Line Loans made by the Swing Line Lender.

  • 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 Participation Certificate a certificate in substantially the form of Exhibit I.

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

  • Swingline Loan Notice means a notice of a Swingline Borrowing pursuant to Section 2.04(b), which shall be substantially in the form of Exhibit J or such other form as approved by the Administrative Agent (including any form on an electronic platform or electronic transmission system as shall be approved by the Administrative Agent), appropriately completed and signed by a Responsible Officer of the Borrower.

  • Swing Loan Request means a request for Swing Loans made in accordance with Section 2.5.2 [Swing Loan Requests] hereof.

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

  • 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.

  • Revolving Credit Extension Request shall have the meaning provided in Section 2.14(f)(ii).

  • Swing Line Rate means an interest rate per annum offered by the Swing Line Lender with respect to the Swing Line Loans, as determined in its sole discretion, but in any event not in excess of the rate applicable to Base Rate Loans at the time of determination.