UK Swingline Loan definition

UK Swingline Loan means a Swingline Loan made to the UK Borrower.

UK Swingline Loan has the meaning assigned to such term in Section 2.05(a)(iii).

UK Swingline Loan means any Swingline Loan by a U.K. Swingline Bank to a U.K. Borrower.

Examples of UK Swingline Loan in a sentence

• Any such Borrowing shall be (i) an ABR Borrowing if in dollars (except if such Borrowing was requested by or on behalf of the UK Borrower), (ii) a Canadian Prime Rate Borrowing if in Canadian Dollars and (iii) a UK Swingline Loan if such Borrowing was requested by or on behalf of the UK Borrower.

• The UK Swingline Lender shall not make any UK Swingline Loan if (i) the requested UK Swingline Loan exceeds Aggregate Availability (before giving effect to such UK Swingline Loan) or (ii) the making of such UK Swingline Loan would result in the sum of total UK Revolving Loans, plus UK Letter of Credit Exposure, plus UK Swingline Loans exceeding the UK Sublimit.

• Each US Swingline Loan shall be an ABR Loan, each Canadian Swingline Loan in Canadian Dollars shall be a Canadian Prime Loan, each Canadian Swingline Loan in dollars shall be an ABR Loan and each UK Swingline Loan shall be an Overnight LIBO Loan.

• Each UK Swingline Loan shall be subject to all the terms and conditions applicable to other Eurodollar Loans funded by the Lenders, except that all payments thereon shall be payable to the UK Swingline Lender solely for its own account and all UK Swingline Loans shall be Overnight LIBO Borrowings.

• Each US Swingline Loan and Canadian Swingline Loan of Dollars shall be an ABR Loan, each Canadian Swingline Loan of Canadian Dollars shall be a Canadian Prime Rate Loan and each UK Swingline Loan shall be a UK Base Rate Loan.

More Definitions of UK Swingline Loan

UK Swingline Loan any Borrowing of UK Base Rate Loans funded with Agent’s funds, until such Borrowing is settled among UK Lenders or repaid by UK Borrower.

UK Swingline Loan as defined in Section 2.8.

UK Swingline Loan means a Swingline Loan denominated in Sterling.

UK Swingline Loan means any Swingline Loan, documentary letter of credit or guarantee, including any bid bond or performance bond made or issued by a U.K. Swingline Bank to or for the benefit of the U.K. Swingline Borrower; provided that the terms and conditions of any documentary letter of credit or guarantee, including any bid bond or performance bond shall be as agreed between the U.K. Swingline Bank and the U.K. Swingline Borrower."

UK Swingline Loan a Swingline Loan made by the UK Swingline Lender to a UK Borrower pursuant to Section 2.1.8(d), which Swingline Loan shall be a UK Base Rate Loan. UK Swingline Sublimit: $10,000,000.

UK Swingline Loan with settlement among them as to the UK Swingline Loans to take place on a periodic basis as set forth in Section 2.05(c). Each UK Swingline Loan shall be subject to all the terms and conditions applicable to other UK Revolving Loans funded by the Facility B Lenders, except that (i) such UK Swingline Loan shall accrue interest at a rate determined by reference to the Overnight LIBO Rate and (ii) all payments thereon shall be payable to the UK Swingline Lender solely for its own account. In addition, no UK Swingline Loan shall be made if, after giving effect thereto:

UK Swingline Loan means a Loan made by the UK Swingline Lender to the UK Borrower pursuant to Section 2.5 hereof. “UK Swingline Note” means a promissory note of the UK Borrower substantially in the form of Exhibit B-6, payable to the UK