Swing Line Loans definition

Swing Line Loans as defined in Section 2.6.

Swing Line Loans means the Loans made by Swing Line Lender to Company pursuant to subsection 2.1A(iii).

Swing Line Loans has the meaning provided in Section 2.01(c).

Examples of Swing Line Loans in a sentence

• All or any part of such Defaulting Lender’s participation in L/C Obligations and Swing Line Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective Applicable Percentages (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Commitment.

• So long as any Lender is a Defaulting Lender, (i) the Swing Line Lender shall not 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 and (ii) the L/C Issuer shall not be required to issue, extend, increase, reinstate or renew any letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto.

• No such funding of risk participations shall relieve or otherwise impair the obligation of the Borrower to repay Swing Line Loans, together with interest as provided herein.

• If Bank of America resigns as Swing Line Lender, it shall retain all the rights of the Swing Line Lender provided for hereunder with respect to Swing Line Loans made by it and outstanding as of the effective date of such resignation, including the right to require the Lenders to make Base Rate Loans or fund risk participations in outstanding Swing Line Loans pursuant to Section 2.04(c).

• If Bank of America resigns as Swing Line Lender, it shall retain all the rights of Swing Line Lender provided for hereunder with respect to Swing Line Loans made by it and outstanding as of the effective date of such resignation, including the right to require the Lenders to make Base Rate Loans or fund risk participations in outstanding Swing Line Loans pursuant to Section 2.04(c).

More Definitions of Swing Line Loans

Swing Line Loans as defined in subsection 3.4(a).

Swing Line Loans means loans made by NationsBank to the Borrower pursuant to Section 2.14.

Swing Line Loans means loans made by the Swing Line Lender to Borrower pursuant to Section 2.8.

Swing Line Loans means the Loans made by Swing Line Lender to Company pursuant to subsection 2.1A(v).

Swing Line Loans is defined in clause (b) of Section 2.1.1.

Swing Line Loans means loans made by Bank of America to the Borrower pursuant to Section 2.4.

Swing Line Loans means the Canadian Swing Line Loans, the UK Swing Line Loans, the Singapore Swing Line Loans and the US Swing Line Loans.