Examples of Swing Loan Bank in a sentence
Not only the number of RE cooperatives increases, but the network in which these organizations operate also strengthens, which is considered a cooperative movement (De Lokale Energie Monitor, 2019; Oteman et al., 2017).
Each Lender and each Swing Loan Bank shall use its reasonable best efforts (consistent with its internal policy and legal and regulatory restrictions) to minimize any amounts payable by the Company under Section 3.05 and to minimize any period of illegality described in Section 3.06.
Without limiting the generality of the foregoing, each Lender and each Swing Loan Bank agrees that, to the extent reasonably possible to such Lender or such Swing Loan Bank, as the case may be, it will change its Eurocurrency Lending Office if such change would eliminate or reduce amounts payable to it under Section 3.05 or eliminate any illegality of the type described in Section 3.06, as the case may be.
Each such payment to a Swing Loan Bank shall be made without any offset, abatement, withholding or reduction whatsoever.
The Swing Loan Bank shall have no duty to make or to continue to make Swing Loans.