Swing Loans definition

Swing Loans each is defined in Section 1.7 hereof.

Swing Loans means collectively and “Swing Loan” shall mean separately all Swing Loans or any Swing Loan made by the Swingline Lender to the Borrower pursuant to Section 2.6.3 [Making Swing Loans].

Swing Loans means the Advances made pursuant to Section 2.4 hereof.

Examples of Swing Loans in a sentence

• Such notice of a Settlement Date shall include a summary statement of the amount of outstanding Loans (including Swing Loans and Extraordinary Advances) for the period since the prior Settlement Date.

• Without limiting the foregoing, upon the effectiveness of this Agreement, (i) the outstanding “Revolver Loans” (as defined in the Existing Credit Agreement) shall constitute Revolver Loans hereunder, (ii) the outstanding “Floorplan Loans” (as defined in the Existing Credit Agreement) shall constitute Floorplan Loans hereunder, (iii) the outstanding “Swing Loans” (as defined in the Existing Credit Agreement) shall constitute Swing Loans hereunder.

• If, at the time that Agent’s resignation is effective, it is acting as Issuing Bank or a U.S. Swing Lender, such resignation shall also operate to effectuate its resignation as Issuing Bank or such U.S. Swing Lender, as applicable, and it shall automatically be relieved of any further obligation to issue Letters of Credit, or to make Swing Loans.

• All Loans (other than Swing Loans and Extraordinary Advances) shall be made by the Lenders contemporaneously and in accordance with their Pro Rata Shares.

More Definitions of Swing Loans

Swing Loans is defined in Section 2.1 hereof.

Swing Loans each is defined in Section 2.2.

Swing Loans means, collectively, the amounts advanced from time to time by the Swing Bank to the Borrowers under the Revolving Loan Commitment in accordance with Section 2.2(g).

Swing Loans shall have the meaning set forth in Section 2.14(a) hereof.

Swing Loans each is defined in Section 1.17 hereof.

Swing Loans means collectively and Swing Loan shall mean separately all Swing Loans or any Swing Loan made by PNC to the Borrower pursuant to Section 2.1.2 [Swing Loan Commitment] hereof. Taxes shall mean all present or future taxes, levies, imposts, duties, deductions, withholdings (including backup withholding), assessments, fees or other charges imposed by any Official Body, including any interest, additions to tax or penalties applicable thereto.

Swing Loans has the meaning set forth in Section 2.1(c).