Common use of Agreement to Make Swingline Loans Clause in Contracts

Agreement to Make Swingline Loans. Subject to the terms and conditions set forth herein, the respective Swingline Lenders agrees to make Swingline Loans to the Borrower from time to time during the Availability Period, in an aggregate principal amount at any time outstanding that will not result in (i) the aggregate principal amount of outstanding Swingline Loans exceeding $10,000,000 or (ii) the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans plus the aggregate principal amount of outstanding Swingline Loans exceeding the total Commitments; provided that the Swingline Lender shall not be required to make a Swingline Loan (i) to refinance an outstanding Swingline Loan or (ii) on the last Business Day of any calendar month. Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrower may borrow, prepay and reborrow Swingline Loans. Credit Agreement

Appears in 1 contract

Samples: Five Year Credit Agreement (Harte Hanks Inc)

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Agreement to Make Swingline Loans. Subject to the terms and conditions set forth herein, the respective Swingline Lenders agrees to make Swingline Loans to the Borrower from time to time during the Availability Period, in an aggregate principal amount at any time outstanding that will not result in (i) the aggregate principal amount of outstanding Swingline Loans exceeding $10,000,000 or (ii) the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans plus the aggregate principal amount of outstanding Swingline Loans exceeding the total Commitments; provided that the Swingline Lender shall not be required to make a Swingline Loan (i) to refinance an outstanding Swingline Loan or (ii) on the last Business Day of any calendar month. Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrower may borrow, prepay and reborrow Swingline Loans. Credit Agreement.

Appears in 1 contract

Samples: Harte Hanks Inc

Agreement to Make Swingline Loans. Subject to the terms and --------------------------------- conditions set forth herein, the respective each Swingline Lenders Lender agrees to make Swingline Loans to the Borrower from time to time during the Revolving Availability Period, in an aggregate principal amount at any time outstanding that will not result in (i) the aggregate principal amount of outstanding Swingline Loans exceeding $10,000,000 20,000,000 or (ii) the sum of total Revolving Exposures exceeding the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans plus the aggregate principal amount of outstanding Swingline Loans exceeding the total Commitments; provided that the neither Swingline Lender shall not be required -------- to make a Swingline Loan (i) to refinance an outstanding Swingline Loan or (ii) on the last Business Day of any calendar monthLoan. Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrower may borrow, prepay and reborrow Swingline Loans. Credit AgreementSwingline Loans made hereunder shall constitute utilization of the Revolving Commitments and shall reduce the availability of such Revolving Commitments on a dollar-for-dollar basis.

Appears in 1 contract

Samples: Credit Agreement (Hearst Argyle Television Inc)

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Agreement to Make Swingline Loans. Subject to the terms and conditions set forth herein, the respective each Swingline Lenders Lender agrees to make Swingline Loans to the Borrower from time to time during the Revolving Availability Period, in an aggregate principal amount at any time outstanding that will not result in (i) the aggregate principal amount of outstanding Swingline Loans exceeding $10,000,000 20,000,000 or (ii) the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans plus the aggregate principal amount of outstanding Swingline Loans exceeding the total Revolving Commitments; provided that the no Swingline Lender shall not be required to make a Swingline Loan (i) to refinance an outstanding Swingline Loan or (ii) on the last Business Day of any calendar monthLoan. Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrower may borrow, prepay and reborrow Swingline Loans. Credit AgreementSwingline Loans made hereunder shall constitute utilization of the Revolving Commitments and shall reduce the availability of such Revolving Commitments on a dollar-for-dollar basis.

Appears in 1 contract

Samples: Credit Agreement (Hearst Argyle Television Inc)

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