Swingline Facility Advance definition

Swingline Facility Advance means a Dollar Swingline Facility Advance or a Euro Swingline Facility Advance, as the context may require.
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Examples of Swingline Facility Advance in a sentence

  • Each Utilisation Request for a Swingline Facility Advance is irrevocable and only one Swingline Facility Advance may be requested in each Utilisation Request.

  • If a Swingline Facility Lender’s Swingline Facility Commitment is reduced in accordance with the terms hereof after the Agent has received the Utilisation Request for a Swingline Facility Advance and such reduction was not taken into account in the Available Swingline Facility, then both the Euro Amount of the relevant Swingline Facility Advance and the amount of that Swingline Facility Advance made or to be made shall be reduced accordingly.

  • Each Borrower shall (subject to Clause 9.2 (Rollover Advances)) repay the full amount of each Revolving Facility Advance and Swingline Facility Advance made to it on the Repayment Date, provided that if such Repayment Date is not a Business Day in the relevant jurisdiction for payment, payment shall instead be made on the next succeeding Business Day.