Swingline Loan Commitment definition

Swingline Loan Commitment means PNC’s commitment to make Swingline Loans to the Borrower pursuant to Section 2.1(b) hereof in an aggregate principal amount up to $10,000,000.
Swingline Loan Commitment means the commitment of the Swingline Lender to make Swingline Loans as set forth in Section 2.01(c).
Swingline Loan Commitment means the Swingline Loan Lender’s commitment to make Swingline Loans to the Borrower pursuant to Section 2.01(c) in an aggregate principal amount up to $50,000,000.

Examples of Swingline Loan Commitment in a sentence

  • The Obligation of the Borrower to repay the aggregate unpaid principal amount of the Revolving Credit Loans, Swingline Loans and Term Loans made to it by each Lender, together with interest thereon, shall be evidenced by a revolving credit Note, a Swingline Loan Note and a Term Note payable to such Lender in a face amount equal to the Revolving Credit Commitment, Swingline Loan Commitment, or Term Loan Commitment or Term Loan, as applicable, of such Lender.


More Definitions of Swingline Loan Commitment

Swingline Loan Commitment means, as to the Swingline Lender, its obligation to make Swingline Loans to the Borrower pursuant to Section 2.01(c), in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 under the caption “Swingline Loan Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Swingline Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.
Swingline Loan Commitment the obligation of the Swingline Lender to make Swingline Loans to the Borrower hereunder. The original amount of the Swingline Loan Commitment is $25,000,000.
Swingline Loan Commitment means the obligation of a Swingline Lender to make Swingline Loans and of each Lender having a Revolving Credit Commitment to participate in Swingline Loans pursuant to Section 2.04(c).
Swingline Loan Commitment means the commitment of the Swingline Lender to make Swingline Loans as set forth in Section 2.01(d).
Swingline Loan Commitment. With respect to the Swingline Bank, the obligation of the Swingline Bank to make Swingline Loans to the Borrower in an aggregate principal amount outstanding at any time not to exceed the Swingline Commitment Amount upon the terms and subject to the conditions and limitations of this Agreement.
Swingline Loan Commitment means, as to the Swingline Lender, and subject to the provisions of Section 3.22 of this Agreement, its obligation to make Swingline Loans pursuant to Section 2.2 of this Agreement, in an aggregate principal amount outstanding not to exceed (1) from the Sixth Amendment Closing Date through April 30, 2009, the amount set forth opposite such Bank’s name on Exhibit A-1 hereto under the column entitled “ Swingline Loan Commitment,” (2) from May 1, 2009 through July 16, 2009, the amount set forth opposite such Bank’s name on Exhibit A-2 hereto under the column entitled “ Swingline Loan Commitment,” and (3) from and after July 16, 2009, the amount set forth opposite such Bank’s name on Exhibit A-3 hereto under the column entitled “Swingline Loan Commitment.”
Swingline Loan Commitment means, with respect to TD Bank, its Swingline Commitment as set forth besides its name under the applicable heading on Schedule C-1.