Swing Loan has the meaning specified therefor in Section 2.3(b) of the Agreement.

Swing Loan has the meaning specified in Section 2.3 (Swing Loans).

Swing Loan and “Swing Loans” each is defined in Section 1.7 hereof.

Examples of Swing Loan in a sentence

Each US Swing Loan shall be deemed to be a US Revolving Loan hereunder and shall be subject to all the terms and conditions (including Section 3) applicable to other US Revolving Loans, except that all payments (including interest) on any US Swing Loan shall be payable to US Swing Lender solely for its own account.
Subject to the provisions of Section 2.3(d)(ii), US Swing Lender shall not make and shall not be obligated to make any US Swing Loan if US Swing Lender has actual knowledge that (i) one or more of the applicable conditions precedent set forth in Section 3 will not be satisfied on the requested Funding Date for the applicable Borrowing, or (ii) the requested Borrowing would exceed the US Availability on such Funding Date.
US Swing Lender shall not otherwise be required to determine whether the applicable conditions precedent set forth in Section 3 have been satisfied on the Funding Date applicable thereto prior to making any US Swing Loan.
Each Lender and each Loan Party hereby consents and agrees to the CAM Exchange, and each Lender agrees that the CAM Exchange shall be binding upon its successors and assigns and any person that acquires a participation in its interests in any Revolving Loan or any participation in any Swing Loan or Letter of Credit.

More Definitions of Swing Loan

Swing Loan has the meaning set forth in Section 2.3(d)(i).

Swing Loan means a Loan made by the Swing Loan Lender pursuant to Section 2.17.

Swing Loan means a loan granted to the Borrower by the Swing Line Lenders under the Swing Line.

Swing Loan means separately all Swing Loans or any Swing Loan made by the Swingline Lender to the Borrower pursuant to Section 2.6.3 [Making Swing Loans].

Swing Loan means a Loan made by Wachovia pursuant to Section 2.01(b), which must be a Base Rate Loan or a Transaction Rate Loan.

Swing Loan has the meaning specified in Section 2.8.