Swing Line Sublimit definition

Swing Line Sublimit means an amount equal to the lesser of (a) $25,000,000 and (b) the Aggregate Commitments. The Swing Line Sublimit is part of, and not in addition to, the Aggregate Commitments.
Swing Line Sublimit means an amount equal to the lesser of (a) $20,000,000 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.
Swing Line Sublimit means an amount equal to the lesser of (a) $10,000,000 and (b) the Revolving Credit Facility. The Swing Line Sublimit is part of, and not in addition to, the Revolving Credit Facility.

Examples of Swing Line Sublimit in a sentence

  • The Administrative Agent will promptly notify the Revolving Credit Lenders of any termination or reduction of unused portions of the Swing Line Sublimit, the Revolving Credit Lenders of any termination or reduction of the unused portions of the Letter of Credit Sublimit and all Lenders of the termination or reduction of unused Commitments of any Class under this Section 2.06 (provided that no such notice shall be required in connection with any termination pursuant to Section 2.06(b)).

  • The amount of any such Commitment reduction shall not otherwise be applied to the Letter of Credit Sublimit or any Swing Line Sublimit unless otherwise specified by Borrower.

  • Borrower may, upon irrevocable written notice to the Administrative Agent and the Swing Line Lender, reduce the Swing Line Sublimit.


More Definitions of Swing Line Sublimit

Swing Line Sublimit means an amount equal to the lesser of (a) $50,000,000 and (b) the Aggregate Commitments. The Swing Line Sublimit is part of, and not in addition to, the Aggregate Commitments.
Swing Line Sublimit means the lesser of (i) $10,000,000 and (ii) the aggregate unused amount of Revolving Commitments then in effect.
Swing Line Sublimit means an amount equal to $25,000,000. The Swing Line Sublimit is part of, and not in addition to, the Multicurrency Revolving Credit Facility.
Swing Line Sublimit means an amount equal to the lesser of (a) $50,000,000 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.
Swing Line Sublimit means the maximum principal amount of Swing Line Loans the Swing Line Lender may have outstanding to the Company at any one time, which, as of the Effective Date, is $100,000,000.
Swing Line Sublimit means an amount equal to $7,500,000. The Swing Line Sublimit is part of, and not in addition to, the Facility.
Swing Line Sublimit means an amount equal to the lesser of (a) $30,000,000 and (b) the Revolving Credit Facility. The Swing Line Sublimit is part of, and not in addition to, the Revolving Credit Facility.