Uncommitted Swingline Loan definition

Uncommitted Swingline Loan means a Loan made pursuant to Section 2.06.
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Uncommitted Swingline Loan means a loan made by a U.S. Lender to a U.S. Borrower in Dollars pursuant to Section 2.03.
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Uncommitted Swingline Loan means a Loan made pursuant to Section 2.04(d); provided that any such Loan shall cease to constitute a “Loan” for all purposes of the Loan Documents if the holder of such Loan is neither a Revolving Lender nor a Tranche D Lender.
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Examples of Uncommitted Swingline Loan in a sentence

  • Promptly upon receipt of such notice, the Administrative Agent will give notice thereof to each Lender, specifying in such notice such Lender’s Applicable Percentage of such Uncommitted Swingline Loan or Loans.

  • Such Lender shall fund the requested Uncommitted Swingline Loan by wire transfer of immediately available funds to the account of the Administrative Agent most recently designated by it for such purpose by notice to the Uncommitted Swingline Lenders by 5:00 p.m., New York City time, on the requested date of such Uncommitted Swingline Loan.

  • The purchase of participations in an Uncommitted Swingline Loan pursuant to this paragraph shall not relieve the Borrower of any default in the payment thereof.

  • Each Swingline Loan and each Uncommitted Swingline Loan shall be in an amount equal to $500,000 or a whole multiple of $100,000 in excess thereof.

  • Each Swingline Loan (other than an Intraday Swingline Loan) and each Uncommitted Swingline Loan shall be an ABR Loan.

  • Such Lender shall fund the requested Uncommitted Swingline Loan by wire transfer of immediately available funds to the account of the Borrower designated by the Borrower in the applicable Borrower’s request by 5:00 p.m., New York City time, on the requested date of such Uncommitted Swingline Loan.

  • Each Committed Swingline Loan (other than an Intraday Committed Swingline Loan) and each Uncommitted Swingline Loan (other than an Intraday Uncommitted Swingline Loan) shall be a Federal Funds Rate Loan.

  • Each Swingline Loan (other than an Intraday Swingline Loan) and each Uncommitted Swingline Loan shall be a Federal Funds Rate Loan.

  • Each Lender in respect of an Uncommitted Swingline Loan that is not the same Person as the Person serving as the Administrative Agent shall notify the Administrative Agent of (i) the amount of such Uncommitted Swingline Loan prior to making such Loan and (ii) any repayment of the principal of such Uncommitted Swingline Loan (in whole or in part) and the amount of such repayment, promptly upon receipt of such repayment.

  • Each Swingline Loan (other than an Intraday Swingline Loan) and each Uncommitted Swingline Loan shall be (1) if made to EDJ, a Federal Funds Rate Loan and (2) if made to JFC, an ABR Loan.


More Definitions of Uncommitted Swingline Loan

Uncommitted Swingline Loan means a Loan made pursuant to Section 2.04(d); PROVIDED that any such Loan shall cease to constitute a "Loan" for all purposes of the Loan Documents if the holder of such Loan is neither a Revolving Lender nor a Tranche D Lender.
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Related to Uncommitted Swingline Loan

  • U.S. Swingline Loan means a Loan made under the U.S. Revolving Facility pursuant to Section 2.04.

  • 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 Credit Advance means an advance by a Bank to a Borrower as part of a Revolving Credit Borrowing and refers to a Base Rate Advance or a Eurocurrency Rate Advance, each of which shall be a “Type” of Advance.

  • Swing Line Loan Commitment means the commitment of Swing Line Lender to make Swing Line Loans to Company pursuant to subsection 2.1A(iii).