Swingline definition

Swingline. The facility pursuant to which the SwingLine Lender may advance Revolving Credit Loans aggregating up to the SwingLine Loan Ceiling.
Swingline means the credit facility for making one or more Swingline Loans described in Section 2.2(b).

Examples of Swingline in a sentence

  • Each such notice shall be irrevocable and shall specify the requested date (which shall be a Business Day) and amount of the requested Swingline Loan.

  • Promptly upon receipt of such notice, the Administrative Agent will give notice thereof to each Lender, specifying in such notice such Xxxxxx’s Pro Rata Share of such Swingline Loan or Loans.

  • Termination and Reduction of Commitments and Swingline Facility 88 Section 2.07.

  • Each Lender hereby absolutely and unconditionally agrees, upon receipt of notice as provided above, to pay to the Administrative Agent, for the account of the Swingline Lender, such Xxxxxx’s Pro Rata Share of such Swingline Loan or Loans.

  • Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrowers may borrow, prepay and reborrow Swingline Loans.


More Definitions of Swingline

Swingline means the credit facility for making one or more Swingline Loans described in Section 1.1(b).
Swingline is defined in section 2.08.
Swingline when used in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans comprising such Borrowing, are made by a Swingline Lender to Borrower pursuant to Section 2.10 of the Credit Agreement.
Swingline means the unsecured cash management line of credit in the maximum principal amount of Ten Million Dollars ($10,000,000) provided by NBD to Borrower, governed by this Agreement, including any renewal or extension thereof.
Swingline shall have the meaning set forth in Section 2.2.1. hereof.
Swingline shall have the meaning specified in the first paragraph hereof.
Swingline means that portion of the Credit Facility to be made available by the Swingline Lender to the Borrower as described in section 2.1(6).