Swing Line Credit definition

Swing Line Credit means the revolving credit loan to be advanced to the Company by the Swing Line Bank pursuant to Article 4 hereof, in an aggregate amount (subject to the terms hereof), not to exceed, at any one time outstanding, the amount set forth in Section 4.1.
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Swing Line Credit means the revolving credit loan to be advanced to the Company by the Swing Line Lender pursuant to Article 4 hereof, in an aggregate amount (subject to the terms hereof), not to exceed, at any one time outstanding, the amount set forth in Section 4.1.
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Swing Line Credit means the revolving credit established in Section 2.1(2);
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Examples of Swing Line Credit in a sentence

  • During the Swing Line Credit Commitment Period, the Borrower may use the Swing Line Commitment by borrowing, repaying and reborrowing, all in accordance with the terms and conditions hereof.

  • During the Swing Line Commitment Period the Borrowers may borrow and repay advances under the Swing Line Credit Facility in whole or in part, and reborrowing all in accordance with the terms, conditions and other provisions of this Agreement.

  • The Swing Line Credit Facility is established for the administrative convenience of the Borrowers, PNC and the Banks.

  • The Swing Line Credit Subfacility is established for the administrative convenience of the Borrower, the Agent Bank and the Banks.

  • Lender shall not be bound by this Agreement until (i) Lender has executed and delivered this First Modification to Swing Line Note, (ii) Borrower has performed all of the obligations of Borrower under the Credit Agreement, as amended, to be performed prior to or contemporaneously with the execution and delivery of this First Modification to Swing Line Credit Note, and (iii) Borrower has executed the First Modification to Swing Line Note.

  • Subject to the terms and conditions of this Loan Agreement, PNC hereby agrees to make Swing Line Loans to the Borrowers under the Swing Line Credit Facility.

  • So long as no Event of Default or Default shall have occurred and be continuing, during the Swing Line Commitment Period, the Borrowers may borrow, repay and reborrow under the Swing Line Credit Facility on any Business Day, subject to the terms, conditions and other provisions of this Agreement.

  • Subject to the terms and conditions of this Loan Agreement, the Agent Bank hereby agrees to make Swing Line Loans to the Borrowers under the Swing Line Credit Subfacility.

  • In such event the Borrower shall be deemed to have utilized the Swing Line Credit to the extent of such percentage, as is reasonably determined by the Lender, of the face amount of any such Forward Exchange Contract.

  • Any other prepayment of all or any portion of the Revolving Credit or Swing Line Credit, whether by acceleration, mandatory or required prepayment or otherwise, shall be subject to Section 12.1 hereof, but otherwise without premium, penalty or prejudice.

Related to Swing Line Credit

  • Swing Line Commitment means, as to the Swing Line Lender, the commitment of the Swing Line Lender to make Swing Line Advances as set forth on Annex J to the Agreement, which commitment constitutes a subfacility of the Revolving Loan Commitment of the Swing Line Lender.

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

  • Swing Line Loans as defined in Section 2.6.

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

  • 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).