Belgian Swingline Commitment Termination Date Clause Samples

The Belgian Swingline Commitment Termination Date clause defines the specific date on which the lender’s obligation to provide swingline loans under a Belgian facility ends. In practice, this means that after this date, no further short-term, revolving credit advances (swingline loans) can be requested or drawn by the borrower under the Belgian portion of the agreement. This clause ensures clarity for both parties regarding the timeframe of available credit, helping to manage expectations and limit the lender’s exposure to ongoing credit risk.