Examples of US Swing Line Commitment in a sentence
Schedule 2.04 shall be deemed to be automatically updated to reflect the U.S. Swing Line Commitment of any Person that becomes a U.S. Swing Line Lender after the Closing Date pursuant to this Section 2.04(g)(i).
During the US Revolving Credit Commitment Period, the Borrower may use the US Swing Line Commitment by borrowing, repaying and reborrowing, all in accordance with the terms and conditions hereof.
Schedule 2.03 and Schedule 2.04 shall be deemed to be automatically updated to reflect the L/C Commitment, the U.S. Swing Line Commitment and/or the Euro Swing Line Commitment of any Person that becomes the L/C Issuer, a U.S. Swing Line Lender or a Euro Swing Line Lender after the Closing Date pursuant to this Section 11.06(f).
The Borrower may borrow under the US Swing Line Commitment on any Business Day during the US Revolving Credit Commitment Period, provided, the Borrower shall give the US Swing Line Lender irrevocable telephonic notice confirmed promptly in writing (which telephonic notice must be received by the US Swing Line Lender not later than 1:00 P.M., New York City time, on the proposed Borrowing Date), specifying (i) the amount to be borrowed and (ii) the requested Borrowing Date.
Each borrowing under the US Swing Line Commitment shall be in an amount equal to $500,000 or a whole multiple of $100,000 in excess thereof.