Swing Loan Banks definition

Swing Loan Banks means, collectively, the Dollar Swing Loan Banks and the Multicurrency Swing Loan Banks.
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Swing Loan Banks means, collectively, Bank of America, JPMorgan Chase Bank, N.A., Deutsche Bank AG New York Branch and Xxxxx Fargo Bank, National Association and each other Lender that shall have agreed to assume and, with the consent of each Swing Loan Bank, the Administrative Agent and the Company, has assumed all or any portion of the obligations of a Swing Loan Bank to make Swing Loans. FIFTH AMENDED AND RESTATED CREDIT AGREEMENT
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Swing Loan Banks means, collectively, Bank of America, JPMorgan Chase Bank, N.A., Deutsche Bank AG New York Branch and Wells Fargo Bank, National Association and each other Lender that shall have agreed to assume and, with the consent of each Swing Loan Bank, the Administrative Agent and the Company, has assumed all or any portion of the obligations of a Swing Loan Bank to make Swing Loans.
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Examples of Swing Loan Banks in a sentence

  • Nothing in this Section 9.02 shall prejudice the right of the Administrative Agent to make the Communications available to the Lenders, the Swing Loan Banks and the Issuing Banks in any other manner specified in this Agreement.

  • At any time that there shall exist a Defaulting Lender, immediately upon the request of the Administrative Agent, the Issuing Banks or the Swing Loan Banks, the Company shall deliver to the Administrative Agent Cash Collateral in an amount sufficient to cover all Fronting Exposure (after giving effect to Section 3.10(a)(iv) and any Cash Collateral provided by such Defaulting Lender).

  • In the event of such a suspension, such Lender or such Swing Loan Bank, as the case may be, shall review the circumstances giving rise to such suspension at least weekly and shall notify the Company, the Administrative Agent, the Swing Loan Banks and the Lenders promptly of the end of such suspension, and thereafter the Company shall be entitled to borrow Eurocurrency Rate Loans and/or LIBOR Floating Rate Loans from such Lender or to borrow Swing Loans from such Swing Loan Bank, as the case may be.

  • Each party hereto agrees that the Administrative Agent may make the Communications available to the Lenders, the Swing Loan Banks and the Issuing Banks by posting the Communications on IntraLinks or another similar website, if any, to which each Lender and the Administrative Agent have access (the “Platform”).

  • Each party hereto agrees that the Administrative Agent may make the Communications available to the Lenders, the Swing Loan Banks and the Issuing Banks by electronic communication (including by posting the Communications on IntraLinks, Syndtrak, ClearPar, or a substantially similar electronic transmission system, if any, to which each Lender and the Administrative Agent have access (the “Platform”), FpML messaging or e-mail (as described below)) pursuant to procedures approved by the Administrative Agent.

  • In the event that the Borrower fails to promptly comply with the preceding sentence, the Agent shall in its own discretion be permitted to issue a demand on the Banks for Revolving Credit Loans under the preceding sentence, all as if the Supplemental Swing Loan Banks had demanded conversion.

  • After giving effect to each Swing Loan and any other Loan made on or before the Swing Loan Borrowing Date for such Swing Loan, (i) the aggregate amount of the Swing Loans of all Swing Loan Banks outstanding shall not exceed $20,000,000, and (ii) the aggregate amount of the Swing Loans of any one Swing Loan Bank outstanding shall not exceed the Swing Loan Commitment of such Swing Loan Bank.

  • The obligation of the Borrower to repay the unpaid principal amount of the Supplemental Swing Loans made to it by the Supplemental Swing Loan Banks, together with interest thereon shall be evidenced by a demand promissory note of the Borrower dated the Closing Date in substantially the form attached hereto as Exhibit E payable to the order of each Supplemental Swing Loan Bank in a face amount equal to such Bank's Supplemental Swing Loan Commitment.

  • Each Supplemental Swing Loan to be advanced in accordance with Section 2.2B(a) shall be advanced pro rata among the Supplemental Swing Loan Banks in an amount corresponding to its pro rata share of the Revolving Credit Commitments.

  • The obligation of the Borrower to repay the unpaid principal amount of the Supplemental Swing Loans made to it by the Supplemental Swing Loan Banks, together with interest thereon shall be evidenced by a demand promissory note of the Borrower dated the Closing Date in substantially the form attached hereto as Exhibit "E" payable to the order of each Supplemental Swing Loan Bank in a face amount equal to such Bank's Supplemental Swing Loan Commitment.

Related to Swing Loan Banks

  • Swing Loan Lender means PNC, in its capacity as lender of the Swing Loans.

  • Swing Line Lender means Bank of America in its capacity as provider of Swing Line Loans, or any successor swing line lender hereunder.

  • Swing Line Lenders means each of the Lenders that has a Swing Line Commitment on Schedule 2.1 hereto, or any successor swing line lender hereunder.

  • Swing Line Bank has the meaning specified in the recital of parties to this Agreement.

  • Swing Loans each is defined in Section 1.7 hereof.

  • Swing Line Loans as defined in Section 2.6.

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment or a Revolving Loan.

  • Swing Line Loan Commitment means the commitment of Swing Line Lender to make Swing Line Loans to Company pursuant to subsection 2.1A(iii).

  • Swing Loan Note means the Swing Loan Note of the Borrower in the form of Exhibit 1.1(N)(2) evidencing the Swing Loans, together with all amendments, extensions, renewals, replacements, refinancings or refundings thereof in whole or in part.

  • Swing Loan Commitment means PNC Bank’s commitment to make Swing Loans to the Borrower pursuant to Section 2.1.2 hereof in an aggregate principal amount up to $10,000,000.

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

  • Swing Lender means Xxxxx Fargo or any other Lender that, at the request of Borrowers and with the consent of Agent agrees, in such Lender’s sole discretion, to become the Swing Lender under Section 2.3(b) of the Agreement.

  • Swing Loan Request means a request for Swing Loans made in accordance with Section 2.5.2 [Swing Loan Requests] hereof.

  • Swingline Lender means JPMorgan Chase Bank, N.A., in its capacity as lender of Swingline Loans hereunder.

  • Revolving Loan Limit means, at any time, the lesser of (a) the Revolving Loan Commitment and (b) the Borrowing Base.

  • Swing Line Loan has the meaning specified in Section 2.04(a).

  • Canadian Swingline Lender means JPMorgan Chase Bank, N.A., Toronto Branch, in its capacity as lender of Canadian Swingline Loans hereunder.

  • Swingline Loan Note a promissory note in the form of Exhibit H-2, as it may be amended, supplemented or otherwise modified from time to time.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Swingline Lenders means each of JPMCB, Bank of America, N.A., MUFG Bank, Ltd., Citibank, N.A., U.S. Bank National Association and each other Lender designated by the Company as a “Swingline Lender” hereunder that has agreed to such designation (and is reasonably acceptable to the Administrative Agent), each in its capacity as a lender of Swingline Loans hereunder.

  • Revolving Loan Notes means the promissory notes of the Borrower provided pursuant to Section 2.1(e) in favor of any of the Revolving Lenders evidencing the Revolving Loan provided by any such Revolving Lender pursuant to Section 2.1(a), individually or collectively, as appropriate, as such promissory notes may be amended, modified, extended, restated, replaced, or supplemented from time to time.

  • U.S. Swingline Lender means JPMorgan Chase Bank, N.A., in its capacity as lender of U.S. Swingline Loans hereunder.

  • Swing Line Loan Commitment Amount means, on any date, $10,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Swing Loan Exposure means, as of any date of determination with respect to any Lender, such Lender’s Pro Rata Share of the Swing Loans on such date.

  • Swing Line means the revolving credit facility made available by the Swing Line Lender pursuant to Section 2.04.

  • Swingline The facility pursuant to which the SwingLine Lender may advance Revolving Credit Loans aggregating up to the SwingLine Loan Ceiling.