Examples of Swingline Loan Limit in a sentence
If at any time the Swingline Loan Outstandings exceed the Swingline Loan Limit, then, on the next succeeding Business Day, Borrower shall repay Revolving Loans and/or Swingline Loans or cash collateralize Letter of Credit Liabilities in the manner specified in Section 2.5(e) or cancel outstanding Letters of Credit, or any combination of the foregoing, in an aggregate amount equal to such excess.
The Swingline Loans made by Swingline Lender shall be evidenced, if so requested by Swingline Lender, by a promissory note executed by Borrower (a “Swingline Loan Note”) in an original principal amount equal to the amount identified in clause (i) of the definition of Swingline Loan Limit.
If at any time the Outstanding Amount of Swingline Loans exceeds the Swingline Loan Limit, then, on the next succeeding Business Day, the Borrower shall repay Swingline Loans in an aggregate amount equal to such excess.
The Swingline Lender shall not make any Swingline Loans to the extent that the aggregate principal amount of the Swingline Loans at any time outstanding would exceed $10,000,000 or would cause the aggregate amount of all outstanding Revolving Loans, Swingline Loans and Letters of Credit Outstanding to exceed the Revolving Loan Maximum Aggregate Principal Amount ("Swingline Loan Limit").
If at any time the aggregate outstanding principal amount of all of the Swingline Loans shall exceed the amount of the Swingline Loan Limit then in effect, the Borrower shall immediately upon receipt of notice thereof from the Agent or any Lender, or immediately upon the Borrower's acquiring actual knowledge thereof, prepay the Swingline Loans to the extent necessary to eliminate such excess.
The Administrative Agent will promptly notify the Lenders of any termination or reduction of the Swingline Loan Limit, the Letter of Credit Sublimit or the Revolving Credit Commitment under this Section 2.05.
The Administrative Agent will promptly notify the Lenders of any termination or reduction of the Swingline Loan Limit, Letter of Credit Sublimit or the Revolving Credit Commitment under this Section 2.05.
The Swingline Loans made by Swingline Lender shall be evidenced, if so requested by Swingline Lender, by a promissory note executed by Borrowers on a joint and several basis (a “Swingline Loan Note”) in an original principal amount equal to the amount identified in clause (i) of the definition of Swingline Loan Limit.
India 0 0 0 10,000,000 Designated Borrowers for Swingline Loans: Entity Jurisdiction USD Swingline Loan Limit European Swingline Loan Limit Euronet Worldwide, Inc.
The Swingline Loans made by Swingline Lender shall be evidenced, if so requested by Swingline Lender, by a promissory note executed by Borrower (a “Swingline Loan Note”) in an original principal amount equal to the amount identified In clause (i) of the definition of Swingline Loan Limit.