Swingline Loan Facility definition

Swingline Loan Facility is defined in Section 2.3.3.
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Swingline Loan Facility means, at any time, the aggregate amount of the Swingline Lender’s Swingline Loan Commitment at such time. For the avoidance of doubt, the Swingline Loan Facility is part of, and not in addition to, the Revolving Credit Facility.
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Swingline Loan Facility means the loan facility provided by the Swingline Lender to the Borrower pursuant to Article III hereof.
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Examples of Swingline Loan Facility in a sentence

  • The aggregate principal amount of the Indebtedness evidenced by the Swingline Loan Facility is referred to as the “Swingline Loan”.

  • Pursuant to various loan agreements and documents, the Lender Group has extended certain Revolving Loans (the "Revolving Credit Facility"), Swingline Loans (the "Swingline Loan Facility), and a Term Loan Facility (the "Term Loan Facility" and, together with the Revolving Credit Facility and the Swingline Loan Facility, the "Facilities") to the Borrowers.

  • All other prepayments and repayments made pursuant to Subsections 1.6 and 1.7 shall be applied as directed in writing by Borrower (in the absence of such direction, such prepayments and repayments shall first be applied to the Swingline Loan Facility until paid in full, then to the Revolving Loan Facility until paid in full, and then to the Term Loan Facilities on a pro rata basis).

  • Notwithstanding the Facilities herein, Borrower, Administrative Agent and each Lender acknowledge and agree that at no time shall the Aggregate Revolving Loan Facility, the Swingline Loan Facility, the Aggregate Floorplan Loan Facility, the Interim Floorplan Loan Facility, all unfunded Approvals, and the Letter of Credit Exposure exceed $125,000,000 in the aggregate ("Total Aggregate Facility Limit").

Related to Swingline Loan Facility

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Swingline Loan Note a promissory note in the form of Exhibit H-2, as it may be amended, supplemented or otherwise modified from time to time.

  • Canadian Swingline Loan means any Loan made by the Canadian Swingline Lender pursuant to Section 2.12.

  • Revolving Loan Notes means with respect to any Borrower the promissory notes of such Borrower in favor of each Lender evidencing the Revolving Loans made to such Borrower and substantially in the form of Exhibit 2.7(a), as such promissory notes may be amended, modified, supplemented or replaced from time to time.

  • Swingline Loans as defined in Section 2.6.