Swing Line Obligations definition

Swing Line Obligations means, as at any date of determination, the aggregate principal amount of all Swing Line Loans outstanding.

Swing Line Obligations means, at any time, the aggregate principal amount of all Swing Line Loans outstanding at such time. The Swing Line Obligations of any Lender at any time shall be the sum of (a) its Pro Rata Share, determined for this purpose solely among the Commitments under the Revolving Credit Facility, of the total Swing Line Obligations at such time related to Swing Line Loans other than any Swing Line Loans made by such Lender in its capacity as a Swing Line Lender and (b) if such Lender shall be a Swing Line Lender, the aggregate principal amount of all Swing Line Loans made by such Lender outstanding at such time (to the extent that the other Lenders shall not have funded their participations in such Swing Line Loans).

Swing Line Obligations means, at the particular time in question, the sum of all outstanding Swing Line Advances.

Examples of Swing Line Obligations in a sentence

• Each 2021 Refinancing Revolving Credit Lender shall (a) make Revolving Credit Loans to the Borrower pursuant to its 2021 Refinancing Revolving Credit Commitment as from time to time in effect and in accordance with Section 2.01(b) of the Credit Agreement and the other applicable terms and conditions of the Credit Agreement (as amended hereby) and (b) purchase participations in L/C Obligations and Swing Line Obligations as provided in the Credit Agreement (as amended hereby).

• The Register shall be available for inspection by the Borrower, the Issuing Banks, the Swing Line Lender and any Lender (but only, in the case of a Lender, an Issuing Bank or the Swing Line Lender, at the Administrative Agent’s Office and with respect to any entry relating to such Lender, Issuing Bank or Swing Line Lender’s Commitments, Loans, LC Exposure, Revolving Exposure and Swing Line Obligations, as applicable), at any reasonable time and from time to time upon reasonable prior notice.

• Before giving effect to such assignment, [(i)] [the Assignor’s Term Loan is $____________] [and] [(ii)] [the Assignor’s Commitment is $______________] [and the aggregate amount of its outstanding Committed Loans is $______________] [and its participation in L/C Obligations is $_____________] [and its participation in Swing Line Obligations is $ __________________].

• The Assignor shall notify the Agent and the Company to make all payments with respect to the [Commitment, Committed Loans, L/C Obligations and Swing Line Obligations] [and] [Term Loan] assigned hereunder after the Effective Date directly to the Assignee, as its interest may appear.

• The Borrower guarantees that the Subsidiary ----------------- Swing Line Obligations, Hedge Subsidiary Obligations and Subsidiary Operating Indebtedness Obligations will be paid strictly in accordance with their respective terms, regardless of any law, regulation or order now or hereafter in effect in any jurisdiction affecting any of such terms or the rights of the Swing Line Lenders, the Hedge Banks or the Operating Lenders, respectively, with respect thereto.

More Definitions of Swing Line Obligations

Swing Line Obligations means, as at any date of determination, the aggregate principal amount of all Swing Line Loans outstanding. “Swing Line Sublimit” means an amount equal to the lesser of (a) $30,000,000 and (b) the aggregate amount of the Revolving Credit

Swing Line Obligations means, at any particular time, the aggregate principal amount of all Swing Line Loans outstanding at such time. The Swing Line Obligations of any Lender at any time shall be its Pro Rata Share of the total Swing Line Obligations at such time. “Synthetic Lease” means, as to any Person, any lease (including leases that may be terminated by the lessee at any time) of any property (whether real, personal or mixed)

Swing Line Obligations means, at any time, the aggregate principal amount of all Swing Line Loans outstanding at such time. The Swing Line Obligations of any Lender at any time shall be the sum of (a) its Pro Rata Share, determined for this purpose solely among the Commitments under the Initial Revolving Credit Facility, of the total Swing Line Obligations at such time related to Swing Line Loans other than any Swing Line Loans made by such Lender in its capacity as a Swing Line Lender and (b) if such Lender shall be a Swing Line Lender, the aggregate principal amount of all Swing Line Loans made by such Lender outstanding at such time (to the extent that the other Lenders shall not have funded their participations in such Swing Line Loans). “Swing Line Sublimit” means an amount equal to $100,000,000. The Swing Line Sublimit is part of, and not in addition to, the Initial Revolving Credit Facility. “TARGET Day” means any day on which the Trans-European Automated Real-time Gross Settlement Express Transfer (TARGET) payment system (or, if such payment system ceases to be operative, such other payment system (if any) determined by the Administrative Agent to be a suitable replacement) is open for the settlement of payments in Euros. “Target Person” has the meaning specified in Section 7.02(dd). “Taxes” means all present or future taxes, levies, imposts, duties, deductions, withholdings (including backup withholding), assessments or other charges imposed by any Governmental Authority, including any interest, additions to tax or penalties applicable thereto. “Term Borrowing” means a Borrowing consisting of simultaneous Term Loans of the same Class and Type and in the case of Term SOFR Loans, having the same Interest Period made by each of the Term Lenders of such Class. “Term Commitment” as to each Term Lender, its Initial Term Commitment and Additional Term Commitments. “Term Facility” means, collectively, the Initial Term Facility and each Additional Term Facility. “Term Lenders” means, at any time, any Initial Term Lender, any 2022 Incremental Term B-2 Lender or Additional Term Lender. “Term Loans” means the Initial Term Loans, the 2022 Incremental Term B-2 Loans and Additional Term Loans. “Term Note” means a promissory note of the Borrower payable to any Term Lender or its registered permitted assigns, in substantially the form of Exhibit E-2, evidencing the aggregate indebtedness of the Borrower owed to such Term Lender resulting from the Term Loans made by such Term Lender. “Te...

Swing Line Obligations means, as at any date of determination, the aggregate Outstanding Amount of all Swing LineLoans.

Swing Line Obligations means, at any time, the Dollar Equivalent amount of the aggregate principal amount of all Swing Line Loans outstanding at such time. The Swing Line Obligations of any Lender at any time shall be the sum of (a) its Pro Rata Share, determined for this purpose solely among the Revolving Credit Commitments, of the Dollar Equivalent amount of the total Swing Line Obligations at such time related to Swing Line Loans other than any Swing Line Loans made by such Lender in its capacity as a Swing Line Lender and (b) if such Lender shall be a Swing Line Lender, the Dollar Equivalent amount of the aggregate principal amount of all Swing Line Loans made by such Lender outstanding at such time (to the extent that the other Lenders shall not have funded their participations in such Swing Line Loans).

Swing Line Obligations means, as at any date of determination, the aggregate Outstanding Amount of all Swing Line Loans outstanding. “Swing Line Sublimit” means an amount equal to the lesser of (a) $75,000,000 and (b) the U.S. Revolving Credit Commitments. The Swing LineSublimit is part of, and not in addition to, the U.S. Revolving Credit Commitments.

Swing Line Obligations means, as at any date of determination, the aggregate Outstanding Amount of all Swing Line Loans outstanding. “Swing Line Sublimit” means, with respect to all Swing Line Loans (in the aggregate), a Dollar Amount equal to the lesser of (a) the sum of the Canadian Swing Line Sublimit and the European Swing Line Sublimit and (b) the aggregate amount of the Revolving Credit Commitments. The Swing Line Sublimit is part of, and not in addition to, the Revolving Credit Commitments. “Syndication Agent” means Xxxxx Fargo Bank, National Association, as Syndication Agent. “TARGET Day” means any day on which the Trans-European Automated Real- time Gross Settlement Express Transfer (TARGET) payment system (or, if such payment system ceases to be operative, such other payment system (if any) determined by the Administrative Agent to be a suitable replacement) is open for the settlement of payments in Euro. “Tax Credit” means a credit against, relief or remission for, or repayment of any Tax. “Taxes” has the meaning specified in Section 3.01(a).