Swing Line Negotiated Rate Advances definition

Swing Line Negotiated Rate Advances collectively, the Swing Line Loans (or any portions thereof) at such time as they (or such portions) are made and/or being maintained at a rate of interest based on a Swing Line Negotiated Rate; each a “Swing Line Negotiated Rate Advance”.
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Examples of Swing Line Negotiated Rate Advances in a sentence

  • Subject to the terms and conditions hereof, Swing Line Loans, shall be Swing Line Negotiated Rate Advances or, at the option of the applicable Borrower, solely with respect to Swing Line Loans in Dollars, ABR Advances.

  • By: Name: Title: [NAME OF BORROWER] By: Name: Title: Amount of Requested Borrowing 1 Requested Borrowing Date Type of Loan (check one): o Revolving Loan o Swing Line Loan o Individual Currency Loan Currency of Requested Borrowing Type of Advance with respect to Revolving Loan or Swing Line Loan (check one): o ABR Advance2 o Swing Line Negotiated Rate Advances o Core Currency Advances Requested Maturity Date if Swing Line Loan Initial Interest Period 1 Specify amount in applicable Currency.

  • ABR Advances and Swing Line ABR Advances to the extent based on the Federal Funds Rate, on Eurodollar Advances, on Competitive Bid Loans and on Swing Line Negotiated Rate Advances shall be calculated on the basis of a 360-day year, in each case, for the actual number of days elapsed.

Related to Swing Line Negotiated Rate Advances

  • 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).

  • Swingline Advance means an advance made by the Swingline Lender, if any, to the Borrower pursuant to Section 2.

  • Swing Line Loans as defined in Section 2.6.

  • Committed Advance means an advance made by a Lender to a Borrower as part of a Committed Borrowing and refers to a Base Rate Advance or a Eurodollar Rate Committed Advance, each of which is a “Type” of Committed Advance.

  • Revolving Credit Advance means an advance by a Bank to a Borrower as part of a Revolving Credit Borrowing and refers to a Base Rate Advance or a Eurocurrency Rate Advance, each of which shall be a “Type” of Advance.

  • Base Rate Advance means an Advance that bears interest as provided in Section 2.06(a)(i).

  • LIBOR Rate Advance means an Advance which bears interest at a LIBOR Rate.

  • Revolving Credit Advances has the meaning assigned to such term in Section 2.1.

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

  • Swing Line Loan Commitment means the commitment of Swing Line Lender to make Swing Line Loans to Company pursuant to subsection 2.1A(iii).

  • Prime Rate Advance means an Advance that bears interest based at the Prime Rate.

  • LIBO Rate Advances means a Competitive Bid Advance denominated in Dollars or in any Foreign Currency and bearing interest based on the LIBO Rate.

  • Fixed Rate Advances has the meaning specified in Section 2.03(a)(i).

  • Notice of Revolving Credit Advance has the meaning ascribed to it in Section 1.1(a).

  • Revolving Loan Notice means a notice of (a) a Revolving Borrowing, (b) a conversion of Revolving Loans from one Type to the other, or (c) a continuation of Eurodollar Rate Loans, pursuant to Section 2.02(a), which, if in writing, shall be substantially in the form of Exhibit A.

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

  • LIBO Rate Advance means a Pro Rata Advance that bears interest as provided in Section 2.04(a)(ii).

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

  • 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.

  • 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.

  • ABR Revolving Loan means any Revolving Facility Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II.

  • Swing Line Borrowing Notice is defined in Section 2.4.2.

  • 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.

  • Fixed Rate Advance means an Advance which bears interest at a Fixed Rate.

  • Alternate Currency Loan means any Loan denominated in an Alternate Currency.

  • Revolving Loan Borrowing means a borrowing of a Revolving Loan.