Examples of Swingline Loan 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.
Any payment by a Lender pursuant to this paragraph to purchase a participation in a Swingline Loan shall not constitute a Revolving Loan and shall not relieve the Borrowers of their obligation to repay such 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.
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.
The Swingline Lender shall make each Swingline Loan available to the Borrowers by means of a credit to the general deposit account of the Borrowers’ Agent with the Swingline Lender (or, in the case of a Swingline Loan made to finance the reimbursement of a L/C Disbursement as provided in Section 2.04(f), by remittance to the Fronting Bank) by 3:00 p.m., New York City time, on the requested date of such Swingline Loan.

More Definitions of Swingline Loan

Swingline Loan shall have the meaning provided in Section 1.01(b).

Swingline Loan means any swingline loan made by the Swingline Lender to the Borrower pursuant to Section 2.2, and all such swingline loans collectively as the context requires.

Swingline Loan shall have the meaning set forth in Section 2.4(a).

Swingline Loan means a loan made by the Swingline Lender to the Borrower pursuant to Section 2.4.

Swingline Loan means any swingline loan made by the Swingline Lender to the US Borrower pursuant to Section 2.3, and all such swingline loans collectively as the context requires.

Swingline Loan shall have the meaning assigned to such term in Section 2.04(a).