Common use of Disbursement of Swing Line Advances Clause in Contracts

Disbursement of Swing Line Advances. Subject to submission of an executed Request for Swing Line Advance by Borrower without exceptions noted in the compliance certification therein and to the other terms and conditions hereof, Swing Line Lender shall make available to the Borrower the amount so requested, in like funds and currencies, not later than 4:00 p.m. (Detroit time) on the date of such Advance by credit to an account of the Borrower maintained with Agent or to such other account or third party as the Borrower may reasonably direct in writing. Swing Line Lender shall promptly notify Agent of any Swing Line Advance by telephone, telex or telecopier.

Appears in 2 contracts

Samples: Credit Agreement (Noble International, Ltd.), Credit Agreement (Noble International, Ltd.)

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Disbursement of Swing Line Advances. Subject to submission of an Upon receiving any executed Request for Swing Line Advance by from Borrower without exceptions noted and the satisfaction of the conditions set forth in the compliance certification therein and to the other terms and conditions hereofSection 2.5(c), Swing Line Lender shall may, at its option, make available to the Borrower the amount so requested, requested in like funds and currencies, Dollars not later than 4:00 p.m. (Detroit time) on the date of such Advance Advance, by credit to an account of the Borrower maintained with Administrative Agent or to such other account or third party as the Borrower may reasonably direct in writing, subject to applicable law, provided that such direction is timely given. Swing Line Lender shall promptly notify Administrative Agent of any Swing Line Advance by telephone, telex or telecopier.. Second Amended and Restated Credit Agreement

Appears in 1 contract

Samples: Credit Agreement (Matador Resources Co)

Disbursement of Swing Line Advances. Subject to submission of an executed Request for Swing Line Advance by a Borrower without exceptions noted in the compliance certification therein and to the other terms and conditions hereof, Swing Line Lender shall make available to the applicable Borrower the amount so requested, in like funds and currencies, not later than 4:00 p.m. (Detroit time) on the date of such Advance by credit to an account of the applicable Borrower maintained with Agent or to such other account or third party as the Borrower may reasonably direct in writing. ; and Swing Line Lender shall promptly notify Agent of any Swing Line Advance by telephone, telex telephone or telecopier.

Appears in 1 contract

Samples: Credit Agreement (Plastipak Holdings Inc)

Disbursement of Swing Line Advances. Subject to submission of an Upon receiving any executed Request for Swing Line Advance by Borrower without exceptions noted from the Borrowers and the satisfaction of the conditions set forth in the compliance certification therein and to the other terms and conditions hereofSection 2.5(c), Swing Line Lender shall shall, at its option, make available to the Borrower Borrowers the amount so requested, requested in like funds and currencies, Dollars not later than 4:00 p.m. (Detroit time) on the date of such Advance Advance, by credit to an account of the Borrower Borrowers maintained with Agent or to such other account or third party as the Borrower Borrowers may reasonably direct in writing, subject to applicable law, provided such direction is timely given. Swing Line Lender shall promptly notify Agent of any Swing Line Advance by telephone, telex or telecopier.

Appears in 1 contract

Samples: Credit Agreement (Multimedia Games Holding Company, Inc.)

Disbursement of Swing Line Advances. Subject to submission of an executed Request for Swing Line Advance by a Borrower without exceptions noted in the compliance certification therein and to the other terms and conditions hereof, Swing Line Lender Bank shall make available to the applicable Borrower the amount so requested, in like funds and currencies, not later than 4:00 p.m. (Detroit time) on the date of such Advance by credit to an account of the applicable Borrower maintained with Agent or to such other account or third party as the applicable Borrower may reasonably direct in writing. Swing Line Lender Bank shall promptly notify Agent of any Swing Line Advance by telephone, telex or telecopier.

Appears in 1 contract

Samples: Credit Agreement (Saturn Electronics & Engineering Inc)

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Disbursement of Swing Line Advances. Subject to submission of an executed Request for Swing Line Advance by a Borrower without exceptions noted in the compliance certification therein and to the other terms and conditions hereof, Swing Line Lender shall make available to the applicable Borrower the amount so requested, in like funds and currencies, not later than 4:00 p.m. (Detroit time) on the date of such Advance by credit to an account of the applicable Borrower maintained with Agent or to such other account or third party as the Borrower may reasonably direct in writing. ; and Swing Line Lender shall promptly notify Agent of any Swing Line Advance by telephone, telex or telecopier.

Appears in 1 contract

Samples: Revolving Credit Agreement (Plastipak Holdings Inc)

Disbursement of Swing Line Advances. Subject Unless the "Sweep to Loan" is in effect under Section 2.5 herein, and otherwise subject to submission of an executed Request for Swing Line Advance by Borrower the Company without exceptions noted in the compliance certification therein and to the other terms and conditions hereoftherein, Swing Line Lender Bank shall make available to the Borrower Company the amount so requested, in like funds and currencies, not later than 4:00 p.m. (Detroit time) on the date of such Advance by credit to an account of the Borrower Company maintained with Agent or to such other account or third party as the Borrower Company may reasonably direct in writing. Swing Line Lender Bank shall promptly notify Agent of any Swing Line Advance by telephone, telex or telecopier.

Appears in 1 contract

Samples: Security Agreement (Quanex Corp)

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