Common use of Refinancing Swing Loans Clause in Contracts

Refinancing Swing Loans. (i) The Swing Lender may at any time (and shall no less frequently than once each week) forward a demand to Administrative Agent (which Administrative Agent shall, upon receipt, forward to each Revolving Lender) that each Revolving Lender pay to Administrative Agent, for the account of the Swing Lender, such Revolving Lender’s Revolving Percentage of the outstanding Swing Loans (as such amount may be increased pursuant to Section 2.21).

Appears in 2 contracts

Samples: Credit Agreement (DoubleVerify Holdings, Inc.), Credit Agreement (DoubleVerify Holdings, Inc.)

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Refinancing Swing Loans. (i) The Swing Swingline Lender may at any time (and shall no less frequently than once each week) after making a Swing Loan forward a demand to Administrative Agent (which Administrative Agent shall, upon receipt, forward to each Revolving Lender) that each Revolving Lender pay to Administrative Agent, for the account of the Swing Swingline Lender, such Revolving Lender’s Revolving Commitment Percentage of the outstanding Swing Loans (as such amount may be increased pursuant to Section 2.21)Loans.

Appears in 1 contract

Samples: Credit Agreement (Brookdale Senior Living Inc.)

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Refinancing Swing Loans. (i) The Swing Swingline Lender may at any time (and shall no less frequently than once each week) after making a Swing Loan forward a demand to Administrative Agent (which Administrative Agent shall, upon receipt, forward to each Revolving Lender) that each Revolving Lender pay to Administrative Agent, for the account of the Swing Swingline Lender, such Revolving Lender’s Revolving 's Commitment Percentage of the outstanding Swing Loans (as such amount may be increased pursuant to Section 2.21)Loans.

Appears in 1 contract

Samples: Credit Agreement (Brookdale Senior Living Inc.)

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