Swingline Loans definition

Swingline Loans as defined in Section 2.6.

Swingline Loans means the swingline loans made to the Borrower pursuant to Section 2.04.

Swingline Loans has the meaning given to such term in Section 2.1(b).

Examples of Swingline Loans in a sentence

• If Bank of America resigns as Swingline Lender, it shall retain all the rights of the Swingline Lender provided for hereunder with respect to Swingline Loans made by it and outstanding as of the effective date of such resignation, including the right to require the Lenders to make Base Rate Loans or fund risk participations in outstanding Swingline Loans pursuant to Section 2.04(c).

• If any such notice is given, the amount specified in such notice shall be due and payable on the date specified therein, together with (except in the case of Revolving Loans that are ABR Loans and Swingline Loans) accrued interest to such date on the amount prepaid.

• Partial prepayments of Swingline Loans and Revolving Loans shall be in an aggregate principal amount of $100,000 or a whole multiple thereof.

• So long as any Lender is a Defaulting Lender, (i) the Swingline Lender shall not be required to fund any Swingline Loans unless it is satisfied that it will have no Fronting Exposure after giving effect to such Swingline Loan, and (ii) the Issuing Lender shall not be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure in respect of Letters of Credit after giving effect thereto.

• The obligations of the Lenders hereunder to make Term Loans and Revolving Loans, to fund participations in Letters of Credit and Swingline Loans and to make payments pursuant to Section 11.04(c) are several and not joint.

More Definitions of Swingline Loans

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

Swingline Loans as defined in Section 3.3(a).

Swingline Loans shall have the meaning provided in Section 1.01(B).

Swingline Loans has the meaning set forth in Section 2.3(a).

Swingline Loans has the meaning set forth in Section 2.06(a) of the Series 2022-1 Class A-1 Note Purchase Agreement.

Swingline Loans means, collectively, and Swingline Loan means, separately, all Swingline Loans or any Swingline Loan made by PNC to the Borrower pursuant to Section 2.1(b) hereof.

Swingline Loans means the collective reference to the ABR Swingline Loans and the Quoted Swingline Loans.