Examples of Swingline Limit in a sentence

Each Swingline Loan shall be in an amount that is an integral multiple of $500,000 and not less than $1,000,000, provided that a Swingline Loan may be in an aggregate principal amount that is equal to the entire unused balance of the Swingline Limit.
Facility A shall also include the Swingline, to a maximum amount equal to the Swingline Limit and on the basis more particularly described in Section 2.07 below.
Each Borrowing under the Swingline Limit shall be in an amount equal to $1,000,000 or a whole multiple in excess thereof.
For greater certainty and notwithstanding any other provision of this Agreement, the Swingline Lender shall not be obligated to permit at any time the creation or the increase of an overdraft in the CDollar Current Account or USDollar Current Account (a “Swingline Advance”), to the extent that at such time the Swingline Loan would exceed the Swingline Limit.
If after giving effect to any reduction or termination of Commitments under this Section 2.06, the Swingline Limit exceeds the Aggregate Commitments, the Swingline Limit shall be automatically reduced by the amount of such excess.

More Definitions of Swingline Limit

Swingline Limit means Five Hundred Thousand Dollars ($500,000).

Swingline Limit means $25,000,000.

Swingline Limit means $25,000,000 (or such other amount as may be established in accordance with this Agreement).

Swingline Limit means C$25,000,000, as increased, reduced or cancelled from time to time by the Swingline Lender with the consent of the Administrative Agent and the Canadian Borrower, but without the consent of the other parties hereto.

Swingline Limit has the meaning assigned to such term in Section 2.03(a).

Swingline Limit means $15,000,000 or such other amount as may be established from time to time by the Swingline Lender.

Swingline Limit means one million, five hundred thousand Canadian Dollars (CDN$1,500,000). “Taxes” is defined in the CBA Model Provisions.