Common use of Making of Swing Loans Clause in Contracts

Making of Swing Loans. In the case of a request for an Advance of a Swing Loan and so long as either (i) the aggregate amount of Swing Loans made since the last Settlement Date, minus the amount of Collections or payments applied to Swing Loans since the last Settlement Date, plus the amount of the requested Advance does not exceed $30,000,000, or

Appears in 1 contract

Samples: Credit Agreement (Delek US Holdings, Inc.)

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Making of Swing Loans. In the case of a request for an Advance of a Swing Revolving Loan and so long as either any of (i) the aggregate amount of Swing Loans made since the last Settlement Date, minus the amount of Collections all payments or payments other amounts applied to Swing Loans since the last Settlement Date, plus the amount of the requested Advance Swing Loan does not exceed the greater of 10% of the Maximum Revolver Amount and $30,000,00010,000,000, oror (ii) Swing Lender, in its sole discretion, agrees to make a Swing Loan notwithstanding the foregoing limitation, Swing Lender shall make a Revolving Loan (any such

Appears in 1 contract

Samples: Credit Agreement (Nautilus, Inc.)

Making of Swing Loans. In the case of a request for an Advance of a Swing Revolving Loan and so long as either any of (i) the aggregate amount of Swing Loans made since the last Settlement Date, minus the amount of Collections all payments or payments applied to Swing Loans since the last Settlement Date, plus the amount of the requested Advance does not exceed $30,000,000, orother

Appears in 1 contract

Samples: Credit Agreement (Ranger Energy Services, Inc.)

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Making of Swing Loans. In the case of a request for an Advance of a Swing Revolving Loan and so long as either any of (i) the aggregate amount of Swing Loans made since the last Settlement Date, minus the amount of Collections all payments or payments other amounts applied to Swing Loans since the last Settlement Date, plus the amount of the requested Advance Swing Loan does not exceed $30,000,0002,500,000, or

Appears in 1 contract

Samples: Credit Agreement (Core Molding Technologies Inc)

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