Swingline Sublimit definition

Swingline Sublimit means an amount equal to the lesser of (a) $15,000,000 and (b) the Revolving Facility. The Swingline Sublimit is part of, and not in addition to, the Revolving Facility.
Swingline Sublimit means an amount equal to the lesser of (a) $100,000,000 and (b) the Aggregate Revolving Credit Loan Commitments. The Swingline Sublimit is part of, and not in addition to, the Aggregate Revolving Credit Loan Commitments.
Swingline Sublimit means an amount equal to $0. The Swingline Sublimit is part of, and not in addition to, the Maximum Commitment.

Examples of Swingline Sublimit in a sentence

  • The Administrative Agent will promptly notify the Lenders of any termination or reduction of the Letter of Credit Sublimit, Swingline Sublimit or the Revolving Commitment under this Section 2.06.

  • If after giving effect to any reduction or termination of Revolving Commitments under this Section 2.06, the Letter of Credit Sublimit or the Swingline Sublimit exceeds the Revolving Facility at such time, the Letter of Credit Sublimit or the Swingline Sublimit, as the case may be, shall be automatically reduced by the amount of such excess.

  • Each Swingline Loan shall be in an aggregate principal amount of $2,000,000 or any larger integral multiple of $500,000 (except that any such Borrowing may be in the aggregate amount of the unused Swingline Sublimit).

  • Any termination of the Revolving Credit Commitments below the L/C Sublimit or the Swingline Sublimit then in effect shall reduce the L/C Sublimit and Swingline Sublimit, as applicable, by a like amount.

  • The Administrative Agent will promptly notify the Lenders of any termination or reduction of the Letter of Credit Sublimit, Swingline Sublimit or the Commitment under this Section 2.06.


More Definitions of Swingline Sublimit

Swingline Sublimit has the meaning provided in Section 2.01(c).
Swingline Sublimit means an amount equal to the lesser of (a) $2,000,000 and (b) the Revolving Facility. The Swingline Sublimit is part of, and not in addition to, the Revolving Facility.
Swingline Sublimit means $50,000,000. The Swingline Sublimit is part of, and not in addition to, the Aggregate Revolving Commitments.
Swingline Sublimit means $50,000,000.
Swingline Sublimit has the meaning assigned to such term as Section 2.04(a).
Swingline Sublimit has the meaning specified in Section 2.4(f).
Swingline Sublimit means $10,000,000.