US Swing Line Borrowing Notice definition

US Swing Line Borrowing Notice is defined in Section 2.5.2(b).
US Swing Line Borrowing Notice not later than noon (Central Time) on the Borrowing Date of each US Swing Line Loan specifying (a) the applicable Borrowing Date (which date shall be a Business Day), (ii) the aggregate amount of the requested US Swing Line Loan which shall be an amount not less than $1,000,000 and in integral multiples of $100,000 in excess thereof and (iii) whether such US Swing Line Loan shall bear interest at the Floating Rate or at the rate offered by the US Swing Line Lender, upon request by the applicable Borrower, for US Swing Line Loans (the “Offered Rate”).
US Swing Line Borrowing Notice means a notice of a US Swing Line Borrowing pursuant to Section 2.05(b), which, if in writing, shall be substantially in the form of Exhibit C(US).

Examples of US Swing Line Borrowing Notice in a sentence

  • Each such telephonic notice must be confirmed promptly by delivery to the US Swing Line Lender and the Administrative Agent of a written US Swing Line Borrowing Notice, appropriately completed and signed by a Responsible Officer of the US Facility Borrower.

  • Promptly after receipt by the US Swing Line Lender of any telephonic US Swing Line Borrowing Notice, the US Swing Line Lender will confirm with the Administrative Agent (by telephone or in writing) that the Administrative Agent has also received such US Swing Line Borrowing Notice and, if not, the US Swing Line Lender will notify the Administrative Agent (by telephone or in writing) of the contents thereof.

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