Swing Line Subfacility definition

Swing Line Subfacility means, at any time, an amount equal to the lesser of (a) $25,000,000 and (b) the Revolving Credit Facility at such time. The Swing Line Subfacility is part of, and not in addition to, the Revolving Credit Facility.
Swing Line Subfacility means a subfacility under the Agreement (the portion of the Loans attributable to which may never exceed in the aggregate the Swing Line Sublimit) as described in, and subject to the limitations of, Section 2.4 hereof. Swing Line Sublimit means, on any date, an amount equal to the lesser of (a) $75,000,000 and (b) the Revolver Commitment (as the same may be increased or reduced in accordance with the Loan Papers). The Swing Line Sublimit is part of, and not in addition to, the Revolver Commitment.
Swing Line Subfacility means a subfacility under the Revolving Credit Facility described in Section 2.21.

Examples of Swing Line Subfacility in a sentence

  • The Administrative Agent will promptly notify the Lenders of any termination or reduction of the Letter of Credit Subfacility, the Swing Line Subfacility or the Revolving Credit Facility under this Section 2.06.

  • Within the limits of the Tranche A Swing Line Subfacility and within the limits referred to in clause (B) above, the Borrowers may borrow under this Section 2.01(b)(i), prepay pursuant to Section 2.10 and reborrow under this Section 2.01(b)(i).

  • Within the limits of the Tranche B Swing Line Subfacility (Dollar) and the Tranche B Swing Line Subfacility (Euro) and within the limits referred to in clauses (x)(B) and (y)(B) above, the Borrowers may borrow under this Section 2.01(b)(ii), prepay pursuant to Section 2.10 and reborrow under this Section 2.01(b)(ii).

  • Each Swing Line Loan under the Swing Line Subfacility shall be available and may be prepaid on same day telephonic notice from Borrower to Swing Line Lender and Administrative Agent, so long as such notice is received by Swing Line Lender and Administrative Agent prior to 1:00 p.m. Dallas, Texas time.

  • The resolution to capital decrease shall only be issued after presenting a statement in a GA prepared by the Board of Directors regarding the justifications for the decrease and the company's obligations, as well as the impact of the decrease on these obligations, providedthat a report from the company's auditor shall be attached to this statement.


More Definitions of Swing Line Subfacility

Swing Line Subfacility means a Tranche A Swing Line Subfacility, a Tranche B Swing Line Subfacility (Dollar) or a Tranche B Swing Line Subfacility (Euro).
Swing Line Subfacility means the subfacility under the Total Commitment as described in, and subject to the limitations of, Section 2.2.
Swing Line Subfacility means the subfacility under the Revolver Facility described in, and subject to the limitations of, SECTION
Swing Line Subfacility means the subfacility under the Revolving Facility (the portion of the Loans attributable to which may never exceed in the aggregate $50,000,000), as described in, and subject to the limitations of, SECTION 2.
Swing Line Subfacility means the subfacility under this 364-Day Facility described in, and subject to the limitations of, SECTION
Swing Line Subfacility shall have the meaning specified in Section 2.4(a) hereof.
Swing Line Subfacility means the facility under the Facility described in Section 2.4.