Swing Loan Bank definition

Swing Loan Bank means Citibank, in its individual capacity or, in the event Citibank is not the Administrative Agent, the Administrative Agent (or any Affiliate of the Administrative Agent designated by the Administrative Agent), in its individual capacity.
Swing Loan Bank means Citibank or such other Lenders as shall, with the consent of each Swing Loan Bank, the Administrative Agent and the Borrower, have assumed all or any portion of the obligations of a Swing Loan Bank to make Swing Loans.
Swing Loan Bank means CUSA or such other Lender who shall also be the Agent or who, with the agreement of the Agent, shall agree to act hereunder as Swing Loan Bank.

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.


More Definitions of Swing Loan Bank

Swing Loan Bank and "Agent" include their respective successors and the term "Lender" includes each assignee of such Lender who becomes a party hereto pursuant to Section 10.7.
Swing Loan Bank means Fleet, in its capacity as the Swing Loan Bank under the swing loan facility described in Section 2.01 (b).
Swing Loan Bank means National City Bank or such other Lenders as shall, with the consent of each Swing Loan Bank, the Administrative Agent and the Borrower, have assumed all or any portion of the obligations of a Swing Loan Bank to make Swing Loans.
Swing Loan Bank means CUSA, in its individual capacity or, in the event CNAI is not the Administrative Agent, the Administrative Agent (or any Affiliate of the Administrative Agent designated by the Administrative Agent), in its individual capacity.
Swing Loan Bank means Mellon Bank, N.A. or such other Lender as shall, with the consent of the Swing Loan Bank, the Administrative Agent and the Company, have assumed all or any portion of the obligations of the Swing Loan Bank to make Swing Loans.
Swing Loan Bank means KeyBank, in its capacity as the Swing Loan Bank under this Agreement.
Swing Loan Bank means PNC Bank, National Association, or such other Lenders as shall, with the consent of each Swing Loan Bank, the Administrative Agent and the Borrower, have assumed all or any portion of the obligations of a Swing Loan Bank to make Swing Loans.