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 Commitment means the obligation of the Swing Loan Lender to make or continue Swing Loans hereunder in an aggregate principal amount up to but not exceeding $10.0 million, as the same may be reduced or terminated pursuant to Section 2.04 or Section 10, it being understood that the Swing Loan Commitment is part of the Revolving Credit Commitment of the Swing Loan Lender, rather than a separate, independent commitment.
Swing Loan Commitment means PNC Bank’s Dollar Swing Loan Commitment or its Optional Currency Swing Loan Commitment, as applicable. Swing Loan Conversion Date shall have the meaning assigned to such term in Section 2.9.4. Swing Loan Notes and Swing Loan Note shall have the meaning assigned to such term in Section 2.9.3. Swing Loan Repayment Date shall have the meaning assigned to such term in Section 2.9.2.
Examples of Swing Loan Commitment in a sentence
Nothing contained in this Section 5.11 shall relieve the Lenders of their obligations to fund Revolving Credit Loans on dates other than a Settlement Date pursuant to Section 2.1.2 [Swing Loan Commitment].
More Definitions of Swing Loan Commitment
Swing Loan Commitment means the lesser of (a) $15,000,000 and (b) --------------------- the aggregate amount of the unused Commitments, as such amount may be reduced from time to time pursuant to Section 2.10.
Swing Loan Commitment means the commitment of the Swing Loan Lender to make Swing Loans, as such commitment may be (a) reduced from time to time pursuant to Sections 2.7 and 2.9 and (b) reduced or increased from time to time pursuant to assignments by the Swing Loan Lender pursuant to Section 11.4. The original amount of the Swing Loan Commitment is equal to $3,000,000.
Swing Loan Commitment has the meaning assigned to such term in Section 2.2.1 [Swing Loans].
Swing Loan Commitment means the obligation of the Swing Bank in accordance with Section 2.1(d) to make Swing Loans in the aggregate amount of up to $15,000,000, as such amount may be reduced from time to time pursuant to this Agreement.
Swing Loan Commitment means the Swingline Lender’s commitment to make Swing Loans pursuant to Section 2.1(d).
Swing Loan Commitment the sum of $25,000,000.00, as the same may be changed from time to time in accordance with the terms of this Agreement.
Swing Loan Commitment means the Swing Lender’s commitment to make Swing Loans to the Borrowers pursuant to Section 2.1.2 in an aggregate principal amount up to $35,000,000.